Yearly Archives: 2023
Panama Canal Announces Bigger Slowdown
The Panama Canal Authority (ACP) announced new restrictions this week, reports Sourcing Journal.
Just 18 vessels a day will be allowed to sail through the...
Shipping Giant Cuts 10,000 Jobs As Shipping Demand Falls
At least 10,000 jobs are being axed worldwide at global shipping giant AP Moller Maersk amid a slump in demand for container freight, reports...
Port Houston’s Export Triumph Amidst Challenges
Port Houston has once again experienced a significant increase in loaded exports through its Bayport and Barbours Cut Container Terminals,says an article published on...
Largest Antarctic Fleet Sails To Establish Research Station
China's significant venture to establish its fifth Antarctic research station signals a renewed commitment to advancing scientific exploration in this remote and sensitive ecosystem.
The...
Royal Bodewes To Build Hybrid Methanol-ready Self-dischargers
Norway’s Aasen Shipping has returned to Dutch shipyard Royal Bodewes with an order for three hybrid-powered methanol-ready self-discharging bulk carriers, reports Offshore Energy.
The order...
ABB To Help Carnival Optimize Fleet Performance, Boost Energy Efficiency
ABB and Carnival Corporation have signed an agreement for the maintenance of Azipod XO propulsion systems, according to a press release.
Agreement for the maintenance...
Singapore Fuel Oil Inventories Dip Amid Strong Selling Interest
Residual fuel oil stockpiles at key trading hub Singapore fell despite a sharp uptick in imports, showed official data on Thursday, amid a strongly...
Japan’s First Coastal Vessel Powered by Waste Cooking Oil Biofuel
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) and its group company MOL Coastal Shipping, Ltd. (President: Hiroshi Kobayashi) announced that an...
Unveiling Hull Number Eight Of The Mulder ThirtySix Yachts
The eighth vessel in the Mulder ThirtySix series stands as a natural evolution from its preceding sister ships. With an unwavering dedication to advancement,...
Paradigm Shift: FSS Chief Emphasizes Maritime Finance’s ESG Focus
This year’s Busan Maritime & Finance Week focuses on the transition from traditional maritime finance to internationally recognized ESG standards. The marine industry’s development may...