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April 21, 2021
4 killed in Sitalkuchi firing were shot from medium range, reveals post-mortem report 4 killed in Sitalkuchi firing were shot from medium range, reveals post-mortem report The four men who were killed in the Sitalkuchi firing incident during the Bengal assembly election were fired upon by the CISF from a medium range, revealed the post-mortem report. advertisement UPDATED: April 21, 2021 10:55 IST 4 men were killed in CISF firing in Sitalkuchi of Cooch Behar during the fourth phase of polling. ...
April 20, 2021
The Panama Canal Authority (ACP) announced late April 19 its reduction of the maximum allowable draft for vessels transiting the Neopanamax locks to 48.5 feet, or 14.78 meters, was suspended until further notice, keeping the current maximum draft at 49 ft (14.94 meters). Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The ACP said recent rainfall spurred the decision, with the projected level of the Gatun Lakes in the coming wee...
April 15, 2021
Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The ACP said the delay would provide the maritime industry more time to prepare for the change in booking fees. Clean tanker shipowners operating in the Americas anticipate the increase in booking fees will have to be passed on into freight for voyages transiting the Canal. Medium Range owners believe the rise in transit prices and lengthening wait times require historical distance...
March 12, 2021
Share this article Share this article ResearchAndMarkets.coms offering. Amid the COVID-19 crisis, the global market for Weather Forecasting Services estimated at US$ 1.5 Billion in the year 2020, is projected to reach a revised size of US$ 2.5 Billion by 2027, growing at a CAGR of 8% over the analysis period 2020-2027. Nowcast, one of the segments analyzed in the report, is projected to record a 8.4% CAGR and reach US$ 655.6 Million by the end of the analysis period. After an early analysis of...
February 23, 2021
New joint-venture to service combined fleet aiming to open out to other players.
February 19, 2021
A spike in freight rates for clean Medium Range tankers on the UK Continent to US Atlantic Coast route had closed the arbitrage for European ULSD shipments, despite freezing temperatures in the US prompting a rally in the country’s diesel market, traders said. A cluster of cargo inquiries for trans-Atlantic shipments saw freight indications for ...
January 20, 2021
Fixture volumes for naphtha cargoes from the US Gulf Coast bound to Asia have hit a nine-month of 560,000 mt for January loading, a surge of almost 150% from the December loading program, data from market sources and S&P Global Platts trade-flow software cFlow showed Jan. 19. Robust naphtha demand by the Far East petrochemical ...
January 15, 2021
Brazil imports jet fuel from Northwest Europe in irregular move Brazilian jet fuel importers are sourcing barrels from Europe in an irregular move following a particularly barren year for demand amid the coronavirus pandemic, sources said the week starting Jan. 10. One 40,000 mt jet fuel cargo from NWE was seen headed toward Brazil, a voyage multiple European sources deemed a “strange move” and “unusual.” The Ridgebury John B was heard on subjects for an Amsterdam-Rotterdam-Antwerp to B...
December 24, 2020
December 24, 2020 The Israeli defense giant Rafael Advanced Defense System has announced that it would be supplying Spike ATGM (anti-tank guided missiles), SPICE 2000 air to surface munitions and BNET communication systems to an Asian country. Earlier today, Rafael announced that it was awarded a $200 million contract to provide SPICE 2000 air-to-surface systems, SPIKE ATGMs, and the BNET communications system to an Asian country. The deal is worth $200 million, however, the customer was not...
December 22, 2020
HHI Group And DNV GL Present Green Tankers Of The Future DNV GL, the world’s leading classification society, and HHI Group, the world’s largest shipyard, have teamed up to embark on the development of future-proof tanker designs. In a recent "Green Tankers towards 2050" industry webinar, attended by more than 250 participants from shipping companies around the world, DNV GL and HHI Group presented the results of new joint research and explained how eco-friendly maritime solutions can help s...