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MOL announced that it has signed a MoU for a joint study to build a supply chain of renewable energy-derived ammonia (green ammonia). The MOL Group aims at net zero greenhouse gas (GHG) emissions by 2050.Mitsui O.S.K. Lines,...
The container shipping industry has been faced with an unprecedented congestion crunch over the past year and a half. It is driven by COVID-19 related labour shortages, as well as handling capacity limits resulting in major disruption across...
Singapore-based Eastern Pacific Shipping (EPS) has placed an order for the construction of up to six dual-fuel car carriers with China Merchants Jinling shipyard, says an article published in Offshore Energy. Deal for car carriers The deal includes four firm 70,000...
SFL announced that it has agreed to acquire two 14,000 TEU container vessels in combination with charters. The Company expects to take delivery of the new vessels in the third quarter and the purchase price is confidential.SFL Corporation...
The Baltic Exchange's main sea freight index on Tuesday fell to its lowest level in nearly four weeks, pressured by a dip in the larger capesize and panamax vessel segments. Panamax Segment Hits Four-Month Low The overall index, which factors in...
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