Seaborne

The Commodities Feed: EU bans Russian oil imports by sea

EnergyEU members eventually agreed to a ban on Russian oil. However, the deal has been significantly watered down from the original proposal. Instead of targeting all imports of Russian crude oil, the EU will ban imports of Russian maritime crude oil for the next 6 months. This would make it possible to ensure the supply […]

Seaborne

China’s sabbatical in maritime coal market hints at focus on self-reliance

Even though China’s reliance on coal-fired power isn’t expected to decrease anytime soon, indications from data and policymakers suggest that the world’s largest coal producer and consumer may be actively seeking to meet the majority of its needs thanks to national production. China has shown its determination to increase its national coal production this year […]

maritime transport

Personal and Corporate Debt Consolidation Market is Booming Worldwide | Goldman Sachs, OneMain Financial, discover personal loans

A new research report published by JCMR under the title Global Consumer and Corporate Debt Consolidation Market (COVID 19 Version) can become the most important market in the world, which has played an important role in the gradual impact on the global economy. The Global consumer and corporate debt consolidation market The report presents a […]

Coastguard

Houlder is collaborating on an autonomous vessel project with the Maritime and Coastguard Agency

As the first major autonomous vessel review work commissioned by the Maritime and Coastguard Agency (MCA), the project marks a watershed moment for smart shipping, according to Houlder’s statement. The review work was a collaboration with Robosys, an advanced robotics technology company specializing in the design and operation of autonomous systems for the maritime industry, […]

Coastguard

Maritime Agency and Coast Guard Chart Scanning Course

Image source: istock.com/Duncan Cuthbertson Digitization is at the heart of the Maritime and Coastguard Agency’s business plan, the division of the Department for Transport (DfT) says in its business plan 2022-2023, published on May 24, 2022. HM Coastguard, which turns 200 in 2022 and is part of the Maritime & Coastguard Agency, will, for the […]

maritime transport

Student loan forgiveness extended, but not for these borrowers – Will they also be excluded from blanket forgiveness?

WASHINGTON, DC – MAY 25: US President Joe Biden talks to guests in the East Room of the White … [+] House on May 25, 2022 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images Over the past seven months, the Biden administration has announced a series of initiatives to expand student loan relief […]

Shipboard

Raytheon will build equipment for air and missile defense radar (AMDR) aboard US Navy destroyers

WASHINGTON- On-board radar experts at Raytheon Technologies Corp. will build hardware for the new AN/SPY-6(V) Air and Missile Defense Radar (AMDR), which will be integrated into the latest Arleigh Burke-class Aegis destroyers (DDG 51), under an order for 422 $.7 million from the US Navy announced Monday. Naval Sea Systems Command officials in Washington are […]

Seaborne

Marine propeller market worth $5.68 billion by 2029

Fortune Business Insights The companies covered in the marine propeller market are AB Volvo (Sweden), Brunswick Corporation (USA), Kongsberg Gruppen (Norway), Mecklenburger Metallguss GmbH (Germany), Bruntons Propellers Ltd. (UK), Hyundai Heavy Industries Co., Ltd. Korea), Kawasaki Heavy Industries, Ltd. (Japan), MAN SE (Germany), NAKASHIMA PROPELLER Co., Ltd. (Japan), Rolls-Royce plc (UK), SCHOTTEL Group (Germany), Michigan […]

Marine

Provaris Energy Partners with Northern Marine to Advance Development of GH2 Carrier

Northern Marine will provide specialized technical and operational services to help Provaris develop its first compressed hydrogen vessel. A technical partnership with Stena AB’s subsidiary, Northern Marine Management, has been executed to advance the development of Provaris Energy’s (ASX:PV1) first compressed hydrogen (GH2) ship carrier – the H2Neo. According to Provaris, Northern Marine, based in […]

Seaborne

China launches world’s first AI-powered marine drone carrier

China last week launched the world’s first maritime drone carrier capable of operating on its own. The 290ft vessel will transport, launch, recover and coordinate the actions of more than 50 other autonomous air, surface and underground vehicles. Named Zhu Hai Yun, construction of the ship in Guangzhou by Huangpu Wenchong Shipyard, a subsidiary of […]

maritime transport

10 apps that can help you pay off your debts

Almost everyone has debt. According to CNBC, an average American has $90,460 in debt, including personal loans, student debt, and credit cards. There are various reasons why some people cannot repay their debts. First, some people maliciously avoid paying their debts. However, most people take out loans without thinking about the debt repayment steps. Although […]

maritime transport

Access new avenues to manage your wealth with insurance-backed lines of credit (IBLOC)

Date: Wednesday, June 22, 2022 Weather: 1 p.m. ET | 10 a.m. PT Cost: Free Webcast sponsored by: Many clients wonder how they can access cash to help with real estate investments, debt consolidation, college tuition, and more, and may be looking for new or more stable options. An insurance-backed line of credit (IBLOC) may […]

Seaborne

DARPA launches maritime heavy-lift aircraft project

The Defense Advanced Research Project Agency (DARPA) has spear a long-range heavy-lift marine aircraft project. The Liberty Lifter project aims to integrate the heavy and high-speed airlift capabilities of today’s transport aircraft without the need to take off and land on a runway. Offers operational flexibility With no required runway and port facilities, the aircraft […]

maritime transport

City of Memphis helps employees with financial wellness programs – InsuranceNewsNet

Credit card, auto, housing, medical, and student loan debt create high levels of financial stress for many Americans, negatively affecting their ability to participate in benefits programs and adequately prepare for retirement. The City of Memphis is taking steps to help employees manage debt and achieve financial security through financial wellness programs. At the Spring […]

Marine

Yanmar Adds Selective Catalytic Reduction System Connectivity for Marine Engines

Yanmar Power Technology Co., Ltd. (YPT), a Yanmar Holdings Co., Ltd. group company, will begin offering its exclusive Selective Catalytic Reduction (SCR)*1 exhaust gas purification system with connected functionality and a dedicated management app in May. Ships at sea generally do not have a well-developed IT environment, and reducing the time spent on onboard management […]

Marine

Marine Electrician – Marine Technology News

THE DESCRIPTION Under the general supervision of the chief engineer, the electrician is responsible for the installation, maintenance and repair of on-board electrical and electronic equipment. The electrician may perform Oiler and/or Oiler watch duties, and may perform port safety watches. The Electrician will perform other duties as defined by a ship’s senior officer […]

Coastguard

Nelson’s Dawnbreakers Fishing Club raises funds for the Coastguard

Mal Drummond/Supplied Dawnbreakers Fishing Club member Oliver McPherson caught this huge snapper at sunrise. A fishing community in Nelson has raised a significant donation for a service that protects them on the water. Dawnbreakers Fishing Club secretary Sue Hawkins said a team effort raised $3,130 for Coastguard Nelson – a service greatly appreciated by anyone […]

Seaborne

Seaborne Oil, a lifeline for German and Polish refiners

Oil transported by sea has thrown a lifeline to refiners in eastern Germany and Poland, with non-Russian deliveries to the Polish port of Gdansk hitting at least seven-year highs this month as that they turn away from Russian supplies. Imports booked for May in Gdansk from Egypt, the United States, Norway, Britain and West Africa […]

Coastguard

The lifeboat put on standby to assist the coastguard during the Weston-super-Mare beach incident

The Weston-super-Mare RNLI team were put on ‘immediate readiness’ on Sunday morning (May 15) at the request of HM Coastguard during an incident on Weston Beach. Among the emergency services present were the police, the coastguard rescue team, the Weston Seafront Rangers and the fire brigade hovercraft. Bringing up a lifeboat in “immediate readiness” means […]

maritime transport

How to Pay Off Debt Before a Recession – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. In times of economic uncertainty, many Americans are becoming more cautious about how they spend their extra cash. But if you’re also in debt, you might be wondering how to prepare for […]

Coastguard

Coastguard search for missing base jumper in Eastbourne

A SEARCH has been launched by the Coast Guard to locate a missing base jumper. RNLI Eastbourne was called into action at around 11.15am on Saturday May 14 to help search for a base rider who had been flagged late by concerned family members. The inshore lifeboat was launched and a search was carried out […]

Marine

Advantages and Disadvantages of Pre-Sale Vessel Appraisals – A Marine Analysis by Sinotech

In the current pandemic scenario, any mechanism that reduces the requirement for potential buyers or investors to travel around the world and attend inspections can only be beneficial. Moreover, it has also become much more difficult and expensive to move freely between countries due to the additional protocols applied. For this reason, the dynamic S&P […]

maritime transport

Contrast Bit Digital (NASDAQ:BTBT) and 9F (NASDAQ:JFU)

Digital Bit (NASDAQ: BTBT – Get a rating) and 9F (NASDAQ: JFU – Get a rating) are both small-cap business services companies, but which is the better company? We will compare the two companies based on their risk strength, analyst recommendations, earnings, institutional ownership, valuation, dividends and profitability. Risk and Volatility Bit Digital has a […]

Shipboard

Shipboard Automatic Identification Systems Market Size, Demand, Growth, Trends, Segmentation and Forecast to 2026

The recent study on the Shipboard Automatic Identification Systems Market contains a detailed assessment of the business domain with respect to the various divisions of the market. The study also provides updates regarding the COVID-19 pandemic on the market size and its impact on the profitability chart during the forecast […]

Coastguard

Sloop heading for Turks and Caicos Islands intercepted by US Coast Guard – Magnetic Media

#TurksandCaicos, May 11, 2022 – The Turks & Caicos Real Estate Association (TCREA) has announced a pioneering initiative to shape the next generation of real estate gurus for the country. In a forum with local media, a dynamic group of industry stalwarts and trend setters shared that local high school students aged 14 to 17 […]

maritime transport

LendingPoint Raises $57.6M in Consumer Installment Loans

LendingPoint Pass-Through Trust Series 2022-ST4 is preparing its fourth round of asset-backed securities, seeking to raise $57.6 million, secured solely by debt consolidation or credit card refinancing loans to pay a home renovation or to make a major purchase. The deal’s sponsor, LendingPoint, refers to consumer installment loans in the collateral pool as DTC loans, […]

Shipboard

Report to Congress on Navy shipboard lasers

The following is taken from the Congressional Research Service report of May 9, 2022, Navy Shipboard Lasers: Background and Issues for Congress. From the report This report provides background information and issues for Congress on shipboard solid-state lasers (SSLs) that the Navy is developing for surface ship self-defense. The Navy’s proposed budget for fiscal year […]

maritime transport

Consumer Debt Consolidation Market – Major Tech Giants Are Hot Again

Global Consumer debt consolidation The market report is an objective and in-depth study of the current state aimed at the main drivers, strategies of the Consumer Debt Consolidation market and the growth of the Consumer Debt Consolidation key players. Consumer Debt Consolidation study also includes Consumer Debt Consolidation market significant achievements, Consumer Debt Consolidation research […]

Shipboard

Shipboard Incineration Market Size and Forecast

New Jersey, United States – Complete analyzes of the most dynamic Incineration market on board ships provide information that helps stakeholders identify opportunities and challenges. The 2022 markets could be another big year for Shipboard Incineration. This report provides an overview of the company’s activities and financial situation (a company profile is required if you […]

Shipboard

Amplification of on-board firefighting training

Smoke is shown coming from the Roger Blough at Fincantieri Bay Ship Building in Sturgeon Bay after the bulk carrier caught fire while in winter. File photo by Craig Sterrett. There have been three major vessel fires in Sturgeon Bay since 2015, starting with the Alpena that year, followed by Burns Harbor in 2019, then […]

Seaborne

The global ISO tank container market will be boosted by the increase in maritime trade due to its convenience during the forecast period 2021-2026

Expert Market Research’s new report titled ‘Global ISO Tank Container Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global ISO Tank Container market, assessing the market based on its segments such as mode of transportation, container type, application and major regions. The report tracks the latest industry trends and studies their impact […]

Marine

Viega press fittings gain additional NAVSEA approval

Written by sailor log stick Viega MegaPress CuNi is made from a 90/10 copper-nickel alloy specially designed to withstand harsh marine environments. Viega, the first press fitting system to meet the standard for use on US Navy combat vessels, has gained approval for additional components for use aboard. Last year the Naval Sea Systems Command […]

maritime transport

Save money while paying off your debts with an instant personal loan

Pune, May 2, 2022: Did you know you can save money while paying off your debts with an instant personal loan online? Find out how you can apply for an instant loan with a loan application and begin your journey to free yourself from debt! Save money while paying off your debts with an instant […]

Seaborne

Indian buyers pay high prices for marine thermal coal as stocks fall and demand rises

Indian thermal coal buyers have started paying sky-high prices to import the fuel, unlike the traditional low-cost buying model, as domestic stocks near critical levels amid soaring demand for fuel. summer electricity, sources told S&P Global Commodity Insights April 28. Several exchanges to India for 4,200 kcal/kg of GAR coal of Indonesian origin were concluded […]