Yearly Archives: 2023
Electric Hybrid Vessel Electramar Joins ESL’s AtoB@C Shipping
AtoB@C Shipping has taken delivery of Electramar, the first vessel in the series of twelve highly energy-efficient plug-in hybrid vessels. These vessels reduce CO2...
[Watch] Drydock Sinks At Turkish Yacht Yard
Yachtley Shipyard’s floating drydock in the Basiskele district of Kocaeli, Turkey, has sunk during a yacht retrieval manoeuvre. According to maritime authorities, the incident...
Singapore Fuel Oil Inventories Rebound to Near Three-Month Highs
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as net imports recovered after a sharp decline last week,...
Bernhard Schulte Orders Its First CO2 Tanker
Ship management services company Bernhard Schulte has taken a significant step into the liquid CO2 business by placing an order for its inaugural carbon...
KPI OceanConnect Delivers 1st Bio-Bunker Fuel Stem In Fujairah
KPI OceanConnect has supplied B24 very low sulphur fuel oil (VLSFO) to the GCL Tapi for its client ArcelorMittal, marking the first biofuel bunker...
COSCO Launches ‘Hi ECO’ Sustainable Shipping Product
COSCO SHIPPING Lines presented the first green shipping certificate at Volvo’s Asia Pacific headquarters on 5 December, based on their utilisation of its green...
MSC Enforces New Asia FAK Rates
MSC has announced updated Freight All Kind (FAK) rates from Asia to several destinations around the world, reports Container News.
Commencing on 1 January until...
Wärtsilä Secures Contract for Advanced Cargo Handling Systems for Avance Gas Vessels
Wärtsilä has ordered cargo handling and fuel supply systems.
These cargo handling systems aim to slash operational costs.
This marks the first medium-sized...
Weaker Vessel Demand Because Of Baltic Index
The Baltic Exchange's dry bulk sea freight index, tracking shipping rates for various vessel sizes carrying commodities, declined for the second consecutive session, reports...
Tackling Global Shipping Congestion: New Solutions For Sustainability
Brazilian ports faced a significant surge in congestion.
Brazil holds the position of the world's largest grain exporter.
Virtual arrival adjusts ship speed...