” Sometimes the simplest things are the most profound. My job is to bring out in people & what they wouldn’t dare do themselves “
South Korea Allocates US$2.5 Billion To Boost Vessel Capacity Of Smaller...
The South Korean government plans to enhance the locally owned container shipping fleet by allocating around US$2.5 billion to increase the fleets of...
DNV Awards Certificates For World’s First Ammonia Dual-Fuel Aframaxes
Classification society DNV presented Australian green technology, energy, and metals company Fortescue with class and statutory certificates for its dual-fuelled ammonia-powered vessel ‘Green...
MISC And AET Pioneer Ammonia Dual-Fuel Aframaxes
In a groundbreaking move towards decarbonizing the maritime industry, MISC's petroleum arm, AET, has entered into Time Charter Party Contracts (TCP) with PETCO...
Pacific Environment, Ulsan Port Authority Join To Decarbonize Ports
Ulsan Port Authority (UPA) has signed a memorandum of understanding (MOU) with Pacific Environment (PE) to accelerate the transformation of shipping ports into...
Major Container Lines Launch Asia-East Coast South America Service
Five of the largest ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South...
Rio Tinto To Test Alfa Laval Air Lubrication Technology
Rio Tinto, is to install an OceanGlide air lubrication system developed by Alfa Laval on one of its bulk carriers.
It is the...
North Pacific Green Corridor Consortium Forms New Corridor
Global industry leaders from North America, Asia and Europe announced today the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and...
Mixed Trends in The Global Bunker Market Amid Regulatory Pressure
During Week 16, the MABUX global bunker indices showed mixed dynamics with no a clear trend. The 380 HSFO index rose by 2.83 USD:...
The Worlds Two Largest Hydrogen Fuelled Ships to Be Built in...
A shipyard contract has been signed for the construction of a flagship project, the world's two largest hydrogen ships. These ships have been designed...
New Next-Generation Hybrid Containership Project Launched in Japan
Japanese feeder operator Imoto Lines has partnered with local technology company Marindows to build a next-generation, zero-emission domestic containership capable of hybrid operation, reports...
Port Houston Surpasses 1M TEU Mark in First Quarter
Container volumes at Port Houston have skyrocketed in the first quarter of 2024. From January to March, Port Houston handled 1,069,917 twenty-foot equivalent units...
Iteris Chosen by Port Of Long Beach to Complete A Multimodal...
Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has been awarded a $900,000 contract by...
Four New Incidents Of Armed Robbery Reported
Four incidents of armed robbery against ships (two CAT 2 and two CAT 4) in Asia were reported to ReCAAP ISC, between 9th –...
Golden Island Begins Fleetwide B30 Biofuel Bunker Trial
Singapore bunker supplier Golden Island Diesel Oil Trading Pte Ltd (Golden Island) on 13 April supplied B30 biofuel to Double Happiness, a 4,700 metric...
Center For Zero Carbon Shipping Launches Fuel Cost Calculator
To further inform and guide the maritime industry, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has launched the Fuel Cost Calculator. The...
Moving Towards Eco-Friendly Designs: New Standards For Boil Off Gas Management
With its increased focus on environmentally friendly designs and operations, the global LNG carrier fleet has accepted boil-off gas management systems as the de...
Reflecting On The Impacts And Challenges of CII Regulation
As we mark one year since the enforcement of the Carbon Intensity Indicator (CII) regulation, the maritime industry is reflecting on the impacts and...
WSC Urges EU To Work With Industry On Shipping’s Net-Zero Journey
The World Shipping Council (WSC), the united voice of liner shipping, has called on the European Union to design policy frameworks that facilitate the...
High-Risk VLCCS Drive Russian Crude STS Activity
This week, in the East, we discuss increasing Russian crude STS driven by VLCCs and how both MR and LR demand is benefiting from...
Sharp Drop In Blank Sailings
Spot rates have been declining steadily for several months now. The shipping lines can react to this in one of two ways. One would...
