News Category: Editor's Picks
Consumers Can Now Pay for Bunkers Using Bitcoin in Colombia
Colombia-based bodily provider CI International Fuels is now in a position to settle for funds for bunkers utilizing digital currencies similar to Bitcoin and Ether
First Floating Tidal Power Delivered to Nova Scotia Grid
Sustainable Marine, a UK-based marine energy firm, has leveraged the Bay of Fundy's massive tidal currents to supply the first floating in-stream tidal power to Nova Scotia's grid.
Singapore Bunker Contamination Reports
The presence of COC within a batch of marine fuel is said to be the cause of a much reported contaminated bunker incident in Singapore.
Russia-Ukraine crisis: Crude oil prices soar past $100 a barrel – Cause for worry for India
Oil prices jumped on February 24th, with Brent surpassing $100 per barrel for the first time in eight years, as Russia initiated an attack on Ukraine, raising worries that a European conflict may disrupt energy supplies.
India’s largest container port JNPT hit by a cyber attack
A cyber attack has reportedly targeted a state-run container terminal at Jawaharlal Nehru Port Trust (JNPT), India's main container port. JNPT officials said that "operations were normal and there was no impact on trade."
World’s first ammonia-ready vessel delivered to Avin International
Avin International, a Greek shipowner, has taken delivery of Kriti Future, the world's first ammonia-fuel equipped vessel. The 274-meter-long tanker's delivery ceremony was conducted on January 10, 2022, at New Times Shipbuilding.
Denmark lifts all virus restrictions from Feb 2022: Says Covid is no longer a threat to society
Denmark is the first European Union country to lift all domestic Covid-19 restrictions, including the use of face masks. The Scandinavian country no longer considers Covid-19 “a socially critical disease”.
India fines Japanese car carrier operators over cartel claims
Four Japanese marine transport businesses have been sanctioned by India for price-fixing tactics in the automobile carrier industry. The CCI issued a final order on January 24, 2022, against NYK Line, Kawasaki Kisen Kaisha (K-Line), Mitsui O.S.K. Lines, and Nissan Motor Carrier Company.