Yearly Archives: 2024
Milaha and ASSC Partner on Green Shipping
Qatar Navigation (Milaha) has signed a long-term charter agreement with the Asian Spirit Steamship Company (ASSC) for two state-of-the-art container ships, "MV Spirit of...
Climeon’s HeatPower 300 Selected for Groundbreaking Cement Carrier
Climeon has secured an order from NovaAlgoma Cement Carriers for its HeatPower 300 waste heat recovery technology, set to be installed on a pioneering...
WAF-East VLCC Market Falls to 13-month Low on Weak Demand
West African VLCC rates slide on softer fundamentals.
Firming the WAF-UKC Suezamax market could lend support.
Freight rates for Very Large Crude Carrier voyages...
French Rescue Tug Saves Tanker from Grounding Off Brittany
On Saturday night, French emergency responders saved a disabled product tanker from drifting aground off the coast of Brittany, reports Safety4sea.
Tug prevents tanker from...
Eastern Pacific Extends eSAILS Installation on Newbuild Tanker
Eastern Pacific Shipping (EPS) signed a contract for three 22m eSAILS® on the MR Tanker newbuild from New Times Shipbuilding, China.
The agreement...
ISWAN Highlights 2024 Welfare Challenges for Seafarers
Calls to ISWAN’s SeafarerHelp helpline in early 2024 showed a sharp increase in cases of abandonment (150%), mental health concerns (17%), and abuse...
Asia-Pacific Pioneers Cross-Border CO2 Shipping for CCUS
Cross-border CO2 shipping in Asia-Pacific is projected to reach 100 million mt/year by 2050.
Economic support, long-term contracts, and clear regulations are essential...
HSFO Market Remains Resilient Amid Ample Supply
Term premiums for December ex-wharf LSFO and HSFO contracts in Hong Kong rose due to supply tightness, while demand remained steady.
Hong Kong-delivered...
FMC Ends Probe Into Canadian Ballast Rules for U.S. Vessels
The Federal Maritime Commission (FMC) has closed its investigation into the impact of Canadian ballast water regulations on six U.S.-flagged vessels operating in...
ILA and USMX: A Clash Over the Future of Port Operations
The ILA and USMX are at odds over automation in ports, with the ILA opposing it due to job loss concerns, while USMX...