January 18, 2023
Product Tankers Poised to Profit from Jet Fuel Rebound

Product Tankers Poised to Profit from Jet Fuel Rebound

The airline industry has been hit hard during the COVID-19 pandemic and seaborne jet fuel cargo volumes suffered along with it. In comparison to pre-pandemic levels, available seat kilometers dropped nearly 90% in early 2020. Initially, air…
January 18, 2023
Marlink, Fraunhofer CML Institute Partner on Ship Digitalization Project

Marlink, Fraunhofer CML Institute Partner on Ship Digitalization Project

Marlink and research institute Fraunhofer CML (Center for Maritime Logistics and Services) annonced a partnership to identify Key Performance Indicator (KPI) data to accelerate digitalization and define the ROI scenarios for operational efficiency.Marlink…
January 18, 2023
Survitec’s ‘Life Ark’ MES earns BV Type Approval

Survitec’s ‘Life Ark’ MES earns BV Type Approval

Survitec said its new Marine Evacuation System (MES) Life Ark -- a helical slide-based MES for small to medium-sized passenger vessels -- has received full-type approval from Bureau Veritas.Life Ark is designed for vessels with a freeboard height…
January 18, 2023
Maersk: Weak Economic Growth to Continue Hurting Demand in 2023

Maersk: Weak Economic Growth to Continue Hurting Demand in 2023

Shipping line Maersk said Wednesday the economy continued to face a high degree of uncertainty moving in to 2023, with the pressure of inflation, declining incomes, and further factors having an impact on households’ disposable income. This…
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