Banks Inclined To Finance Green Shipping Projects

Pressure on financiers to support more environmentally friendly projects has created an opportunity to finance green shipping projects, according to a panel of experts...

Pandemic Persists in US Due To Unvaccinated People

As of Sunday, only 49.1% of Americans have been fully vaccinated, according to the US Centers for Disease Control and Prevention says CNN health. For...

WinGD Delivers First Ever Space-Saving On-Engine NOx Aftertreatment

Swiss engine developer WinGD has celebrated the launch of the first marine two-stroke engine to carry its own NOx abatement solution, offering dramatic reductions...

Covid Boosters A Must Say UK Scientists Based On A Study

Scientists have backed proposals for Covid boosters in the autumn after blood tests on hundreds of people revealed that protective antibodies can wane substantially...

Port of Corpus Christi Sets New Tonnage Record For 2021

More cargo has sailed through the Port of Corpus Christi in the first six months of 2021 than it did in 2020, which was...

Hesitancy Towards Unfamiliar Green Ship Technology

Requirements for hydrodynamic efficiency, EEXI compliance analysis, energy storage, shore-charging, fuel cells, and alternative fuels suggest something like a perfect storm of demand for...

Union Pacific To Resume Container Shipment Service

Union Pacific Corp container shipments from U.S. West Coast seaports to one of the railroad's major hubs in Chicago will restart early next week...

Globus Maritime Announces Its $16.2m Purchase Deal

Globus Maritime Limited, a dry bulk shipping company, announced that it has taken delivery of the M/V “Power Globe”, a 2011-built Kamsarmax dry bulk...

Orix Orders Eco-Friendly Bulk Carrier Duo At Tsuneishi

ORIX Corporation (“ORIX”) has placed an order for two TESS66 AERO LINE*1 bulk carriers, a new model developed by TSUNEISHI SHIPBUILDING Co., Ltd., says...

Death of Turtles and Plastic Pellets An Environmental Threat, X-Press Pearl

The Sri Lankan navy and coast guard teams fought to douse the flames, the inferno tore through the ship's cargo It released a...

Green Marine Fuels Sees New Demand, Ammonia and Hydrogen Add Value

If the shipping industry is to meet the IMO targets for emissions reduction, more vessels will have to run on hydrogen and ammonia. ...

Shipping Delays Trouble Manufacturers, Freight Rates Increases

Shipping delays in Hong Kong are causing “big trouble” for local manufacturers, tying up millions of dollars in cashflow. Shippers are waiting up...

Kongsberg To Equip Seaworks’ New LNG Bulker

Norway’s Kongsberg Maritime secured a contract to deliver a propulsion system and LNG engine for a new bulk carrier ordered by compatriot short sea...

Global Supply Chain Hit Hard, Variants and Disasters Play Spoilsport

A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports. Events have conspired...

Oil Giants Struggle With Cyberattacks Along With Supply-Demand Concerns

Cybersecurity specialists reported this week that hackers managed to get access to a large amount of data from Saudi oil giant Aramco, reports OilPrice. Not...

Airlines and Airports Super Busy Since Pandemic Erupted

Heathrow Airport expects 60,000 passengers to depart daily, while Gatwick says it expects 250 flights a day - up from a low of...

A Discussion On Poseidon Principles

With the creation of the Poseidon Principles, the banking sector is taking the lead on driving decarbonisation and the green revolution in the...

TORM Announces Its Share Capital Increase

With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team...

[Watch] China Shuts Down Ports As Typhoon Makes Landfall, At Least...

Chinese commercial hub Shanghai and neighboring coastal regions canceled all flights, slowed or suspended subway trains and shuttered businesses as Typhoon In-fa made landfall...

How The Maritime Industry Is Innovating To Tackle Container Ship Fires

Safetytech Accelerator webinar assesses the complexities of container ship fires and how the maritime industry is innovating to address this challenge, says an article...