Yearly Archives: 2023
NYK To Start Long-Term Marine Biofuel Trials
NYK will conduct full-scale trials of long-term use of biofuels in 2024.
These biofuels have net-zero CO2 emissions, in navigating heavy oil-fired vessels.
Starting...
For Indian Shipping Companies, Revenue Fall Likely To Continue In FY25: Crisil
Domestic shipping companies could see revenues continue to decline in FY2024-25, although at a much slower rate than in the ongoing fiscal year, as...
H-Line Takes Delivery Of Second 210K LNG Dual-Fuel Bulker
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 210,000 dwt LNG dual-fuel bulk carrier to South Korea’s...
Emirates Shipping Association Reaffirms UAE’s Leadership In Global Maritime Sector
Emirates Shipping Association in collaboration with International Chamber of Shipping and under the patronage of Ministry of Energy and Infrastructure, hosted the summit –...
Capital Product Partners Acquires 11 New LNG Carriers
Capital Product Partners L.P. closed an Umbrella Agreement to acquire 11 new LNG carriers for $3.13 billion from Capital Maritime, funded through a...
South Africa Appeals For Intervention To Safeguard The Global Shipping Sector
The Maritime Chamber of Commerce (MBC) has urged government intervention in addressing challenges within the global shipping industry.
South Africa, situated along crucial...
COMPASS-EVA Passenger Ship Evacuation Analysis Enhances Safety
The release of the "2023 Low-carbon Development Outlook for Shipping" by China Classification Society (CCS) addresses global climate challenges, focusing on emission reduction...
Port NOLA Secures $73.77 Million From U.S. DOT For Louisiana International Terminal
The Port of New Orleans (Port NOLA) is set to receive $73.77 million in federal funding for the Louisiana International Terminal (LIT) project.
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Global Bunker Market Predicts Upward Trend
On December 26, the MABUX World Bunker Index displayed a slight downward trend.
All ports are in the undercharge zone, with underpricing ratios...
Red Hill Fuel Departure And Ongoing Water Safety Challenges
The final oil tanker's exit from Red Hill signifies a crucial step in dealing with the aftermath of fuel leaks at Pearl Harbor.
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