The Global Shipowner Alliance (GSA), operated by Marine Online, aims to bring together shipowners in order to lower the costs of ownership and provides a multitude of benefits for members. As an integrated supply chain, the GSA aims to provide supplies and services to members and it has been estimated …
Read More »Why should shipping companies choose Marine Online?
Singapore’s maritime B2B platform Marine Online offers a plethora of services for shipping companies. By integrating digital technology, big data and artificial intelligence into the maritime industry, Marine Online is able to improve efficiency and reduce costs, and these savings will in turn be passed on to the consumer. Marine …
Read More »Shipping lines announce profits amid COVID-19 pandemic
Shipping lines around the world would not be blamed for expecting their earnings to take a drastic hit as a result of the COVID-19 pandemic, but as it turns out, many of them are actually reporting higher profits than a year ago. In the wake of mass lockdowns around the …
Read More »International maritime laws needed in light of Mauritius oil spill
The grounding of and subsequent oil spill from the capesize carrier MV Wakashio off the coast of Mauritius on 25 July has led to one of the worst environmental disasters the island nation has ever faced. Not only does the oil spill pose a threat to the unique biodiversity that …
Read More »How Zhoushan become the largest bunkering hub in China
Zhoushan was promoted to the world in 2017 as the next biggest bunker and service hub in China. The multi-phase plan took place by 1st establishing a free trade zone in 2017, that helped reduce customs clearance time and avoid delays in supplying vessels. Further in July 2018, a country-wide …
Read More »Challenges of the Chartering Sector in a Pandemic-stricken World
After the Covid-19 pandemic hit the world, all known human interaction was literally reduced to rely heavily on the Internet, through video calls or virtual business conferencing, by utilizing complimentary software available, such as Zoom, WeChat, Skype, Hangouts, and more. For the same reason, production levels also dropped significantly due …
Read More »Artificial Intelligence: The future of the maritime industry
Artificial Intelligence (AI) is poised to change human lives momentously, and the maritime sector is no exception. AI has been incorporated into shipbuilding, with a number of corporations already successfully implementing it. AI may prove to be a difference maker in the cutthroat world of the maritime industry. Companies in …
Read More »Import volume increases in American ports after COVID-19 shutdown
The United States has experienced a rise in imports at various maritime ports across the country as the economy continues to open up following the lifting of COVID-19 related shutdowns. With more stores reopening and restocking inventories, ports around the country have seen an increase in import volumes. In Oakland, …
Read More »Data analysis: Helping prevent future maritime disasters
Recent events have brought to light the importance of data analysis in the hopes of preventing the next great maritime disaster. The tragic explosion in Beirut where more than 100 people were killed, and the grounding of capsized carrier MK Wakashio off the coast of Mauritius, causing an estimated 1,000 …
Read More »Explosion in Beirut port kills 137, injures thousands
A massive explosion rocked Beirut, Lebanon on Tuesday, 4 August, leaving at least 137 dead with thousands injured. The explosion, believed to have been caused by a fire at the Port of Beirut near a large deposit of ammonium nitrate, caused widespread destruction to not only the port, but also …
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