Maersk which is world largest shipping company revised its forecast of EBITDA earnings from earlier $10bn to now $24bn. This revision comes amid strong demand of cargo over post covid times. The demand has led congestions at various ports all around the world, with shortage of shipping container all over. If we talk about the […]
South Korean Shipping Yard DSME and ABS, are working together to make first CO2 carrier in the coming months. ABS and Yard are right now designing the ship with a capacity of around 70,000 cubic meters. This is part of developing ecosystem for transport and storage of the Co2 which is used a lot in […]
Maersk is actively focused in expanding their e-commerce presence by various acquires they have done in the past. The latest one is HUBB, which is a Portuguese start up using cloud based facilities. This firm has specialization in B2C warehousing for fashion Industry. B2C means from seller to consumer directly with no middle man, usually […]
Mitsui O.S.K. Lines (MOL) have said recently that they have ordered 4 LNG Carriers from South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME). Ship are expected to be delivered by the shipyard in 2024. MOL will be signing time charter with NOVATEK Gas & Power Asia Pte. Ltd, which is a Russian Firm. […]
Two seafarers onboard Oil Tanker Arafura had a tragic death after they suffered injuries due to large wave that hit them while working at forecastle. Both of them went forward to check something during DRAKE PASSAGE, and were struck by big waves leading to serious injuries. They were not able to recover from the same. […]
Ever ACE, with container capacity of 23992 teu, has been in the news on her maiden voyage around the globe. She berthed at Felixstowe where locals were able to see the sight of world largest ship. Felixstowe have in past also saw MSC Gulsun coming on to her maiden voyage (being largest at that time). […]
Maersk, who is by far the largest shipping container company have future plans of cutting completely on the heavy fuel oil and only using methanol. They are confident about the reduction in gases which affects the earth environment. But for that happen they need quite large quantity of methanol to drive their industry. For such […]
ITF also known as International Transport Worker Federation and JNG- Joint Negotiating Group have come to an agreement regarding the increase of wages of seafarers. From Next year 2022, there will be increase of 3% in wages and from January 2023 another 1.5%. Employers and Union met in September this year and finally this much […]
Tolani Maritime Institute Fees for all courses which are given below are mentioned in this article. Tolani Maritime Institute Fee is higher as compared to the other colleges as they are among the top colleges. Tolani Maritime Institute Fees For All Courses Here are all the courses and their fee structure: COURSE NAME FEES B.TECH […]