Merchant Navy Info Archives - Page 5 of 20

Saudi Arabia Wants China To Help Fund Its Struggling $500 Billion Neom Megaproject

Industry News, Blogs, Merchant Navy Info / Umar Farooq

Saudi Arabia took its Neom megaproject roadshow to China. This is amid speculation about the scope of the project and its finances. Neom megaproject officials visited Beijing, Shanghai, and Hong Kong last week. All in the hopes of courting Chinese investors and shed more light on the mysterious megacity. While no deals have been announced, one attendee told […]

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HD Hyundai Unveils a New R&D Center for Green Ship Technology

Industry News, Blogs, Merchant Navy Info / Umar Farooq

HD Hyundai is taking things to new heights. South Korea’s Busan New Port has extended its capacity by launching a seventh container terminal. The terminal’s opening ceremony on Friday was attended by President Yoon Suk Yeol. The leader has lauded the facility as a milestone in turning Busan Port into a world-class smart port. Also,

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What Was The Porthole Window Used For?

Blogs, Merchant Navy Info / Sahar Shahzad

Porthole windows, also known as ports, are little, circular windows regularly found on the sides of ships. Serving different fundamental capacities. Essentially, they permit characteristic light and new discussion to saturate the inside spaces of vessels. Which are pivotal for zones such as cabins, team quarters, and below-deck compartments. Where counterfeit lighting and ventilation may

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Oil Supertankers Headed for China Jump to the Highest in a Year

Industry News, Merchant Navy Info / Umar Farooq

According to a regular count compiled by Bloomberg, some 124 vessels are signalling China, the world’s biggest oil supertanker importer, as their next destination over the forthcoming three months. That’s the highest level since late April 2023. China’s oil processing increased to the highest in five months in March due to robust demand following the

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The Great Game Returns to Central Asia

Merchant Navy Info, Industry News / Anmol

This wonderful game is once again held in Central Asia but with a different name and rules. Economics, not politics, are determining the terms of the current superpower competition for regional influence. According to a report by a Kazakh research institute. There are crucial differences that define the global conflict in Central Asia in the

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Oil Price Rises as US Says Israel Has Struck Iran

Merchant Navy Info, Industry News / Anmol

Oil and gold prices rose after US officials said an Israeli missile hit Iran. International benchmark Brent crude rose above $90 a barrel after reports. Of an Israeli attack but fell as Iran sought to downplay its importance. Gold briefly neared all-time highs but has since settled below $2,400 per ounce. There are concerns that

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No One Will Win In Container Shipping’s Game Of Chicken

Industry News, Merchant Navy Info / Umar Farooq

The best way to win a game of chicken is to show that you are fearless, unpredictable, and a bit reckless. This is the approach taken by large container shipping companies. Despite having already ordered enough vessels to result in overcapacity, they continue to order more to gain a larger share of the market. In

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Iranians on Edge as Leaders say ‘Tel Aviv is our Battleground

Merchant Navy Info, Industry News / Anmol

Tehran is tense two days after Iran’s unprecedented direct attack on Israel. Most Iranians are concerned about the war and its impact on Iran’s already struggling economy. And the country’s elite Islamic Revolutionary Guards Corps (IRGC) launched more than 300 drones and missiles on Saturday night. A long list of domestic and international Iranian activists

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Iran Has Another Trick Up Its Sleeve Apart from Missiles and Drones

Industry News, Merchant Navy Info / Umar Farooq

Two days ago, the container ship MSC Aries was hijacked in the Strait of Hormuz by Iranian forces and brought to anchor off the coast of Iran. Lost in the noise of the missile and drone attacks twenty-four hours later, this incident remains worthy of a closer look for two reasons. First, suppose the Iranians are challenging

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What Happens to Stowaways on a Ship?

Blogs, Merchant Navy Info / Anmol

Ever since ships were traded internationally, there have been people looking for a better life or fleeing war. Oppression, and persecution but cannot afford to get from A to B. Therefore, the concept of stowaways on ships was born. However, this problem has been exacerbated in recent years by a growing number of global issues.

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Merchant Navy Info

Saudi Arabia Wants China To Help Fund Its Struggling $500 Billion Neom Megaproject

HD Hyundai Unveils a New R&D Center for Green Ship Technology

What Was The Porthole Window Used For?

Oil Supertankers Headed for China Jump to the Highest in a Year

The Great Game Returns to Central Asia

Oil Price Rises as US Says Israel Has Struck Iran

No One Will Win In Container Shipping’s Game Of Chicken

Iranians on Edge as Leaders say ‘Tel Aviv is our Battleground

Iran Has Another Trick Up Its Sleeve Apart from Missiles and Drones

What Happens to Stowaways on a Ship?

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