Yearly Archives: 2024
Lessons Learned: Lack Of Insulation Causes Fatal Engine Fire
The Swedish Club reports an incident in which, the vessel was sailing smoothly in open sea towards the next port, in fine weather.
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[Podcast] Maritime In Minutes: News Round-Up January 2024
Shipping under attack in the Red Sea, a new container shipping alliance, Chinese yards dominate newbuilding market, and much more in the latest episode...
CoolCo Secures New LNG Carrier Charter Deal
Cool Company (CoolCo) has secured a new time charter agreement with Santos Shipping Singapore for one of its TFDE vessels that will undergo...
Coal Market Dynamics: Mixed Activity Across Regions
Capesize
On the C5 front, we see enquires from miners and operators alike for late February to full March forward dates. On the East Australia...
Atlantic Tonnage Crunch Sparks Rate Surge
VLCC
The MEG market is climbing. Unconfirmed rumours of WS 65 done MEG/China require some checking, but rates are certainly around that level. Free of...
Europe To Give Shipping Priority Access To Greener Fuels
The European Commission published on Tuesday its proposal for a 2040 climate target laying out the pathway to make the European Union climate neutral...
Barge Sinks in Hamburg with 3500 Litres of Diesel on Board
An inland waterway ship carrying 3,500 liters of diesel and 1,400 tonnes of potassium chloride has sunk in Hamburg, reports Splash.
About the incident
At the...
HMM Sale Fails Due to Differences over Management Rights
HMM’s sale to the Harim Group-JKL Partners consortium has been called off. Another round of discussions with the South Korean flagship carrier’s major shareholders,...
Babcock to Provide LPG And Ammonia Fuel Supply Systems to Chinese Shipyards
Babcock’s LGE business has won contracts to provide its liquefied petroleum gas (LPG) and ammonia cargo handling and fuel gas supply systems to Chinese...
Seacor Holdings Continues Divestment Trend By Selling Caribbean Containers
Seacor Holdings persists in shedding assets.
The sale of Seacor Island Lines marks the third divestment.
Seacor Holdings announced a joint venture with...