Global Ship Lease To Add 12 Boxships To Its Fleet
Global Ship Lease, Inc. announced its agreement to purchase 12 containerships from Borealis Finance LLC with an average size of approximately 3,000 TEU, says...
ABB & Axpo Partner To Work On Green Hydrogen Production
ABB has joined forces with Swiss utility Axpo to develop modular green hydrogen production plants in Italy, says a press release published on their...
Marine Economy Contributes Nearly $400 Billion To US GDP
The marine-related gross domestic product grew 4.2% from 2018 to 2019, faster than the 2.2% growth of the total U.S. gross domestic product as...
Strong Capesize Rates Push Baltic Index Up By 61 Points
A jump in capesize rates snap Baltic exchange's main sea freight index 10-session losing streak on Wednesday, reports Yahoo Finance.
Main sea freight index
The Baltic...
IMO Called Shipowners To Share Feedback On BWM Convention
The International Maritime Organization (IMO) has called on all stakeholders including shipowners, and recognized organizations to provide input to the Experience Building...
Shipping Lines To Add Capacity To Meet Resurgent Consumer Demand
Global shipyards that were retrenching and consolidating in a faltering maritime market barely more than a year ago are now flush with...
Who is the 100th State Party To MARPOL Annex VI Regulations?
Argentina has become the 100th Contracting State to the mandatory International Maritime Organization (IMO) regulations on cutting air pollution from shipping.
The regulations...
Bunker Holding Eyes Alternative Bunkers
Marine fuels conglomerate Bunker Holding appears to be planning a significant move into the alternative bunkers space.
The company is seeking to hire...
Wärtsilä and RINA Announce Novel Propulsion Arrangement
The technology group Wärtsilä and the classification society RINA have announced a novel propulsion arrangement.
It offers full redundancy, less machinery, lower capital...
2 Women Top Greek Shipowners by Tonnage List
The leading owners remain pretty much unchanged, the list reflects the changing face of Greek shipping in that of the top eight fleets...
Declining Maritime R&D To Jeopardise Decarbonisation Plans
The ICS has warned that without decisive government signals declining levels of Maritime research and development could jeopardise industry’s ability to decarbonise.
According...
China Bunkering To Hit Rough Patch on Stricter COVID-19 Checks at...
China Bunkering To Hit Rough Patch on Stricter COVID-19 Checks at Ports says an article on SP Global.
Additional restrictions in ports in China
Many ports...
Force Majeure Declared To COVID-hit Container Vessel
The Italian-flagged containership Ital Libera is sailing back to Italy to repatriate the body of its deceased captain who apparently passed away from COVID-19...
Plan To Deliver Cost-Competitive Green Hydrogen By 2030
Plan To Deliver Cost-Competitive Green Hydrogen By 2030, says an article on Siemens.
Carbon neutrality by 2050
Achieving carbon neutrality by 2050 is crucial to fight...
EU Confidence To Handle Crises Takes Major Hit From COVID-19
Confidence in the EU’s ability to handle crises has taken a hit from Covid-19, a major survey shows, but dissatisfaction with national political systems...
Transocean Delayed Delivery Of World’s First 8th-Gen Ultra-Deepwater Drillships
Transocean Ltd. has agreed with Sembcorp Marine’s subsidiary, Jurong Shipyard Pte Ltd (JSPL), on the delayed delivery of the ultra-deepwater drillships Deepwater...
IMO Small Step Towards Flashpoint Regulations
Efforts have been underway at the IMO for some time to ensure that oil-based bunker fuels, when delivered to ships, comply with the flashpoint...
Silenced Alarms & Ignored Message Led To Grounding
The general cargo vessel ran aground on Sgeir Graidach shoal in the Little Minch on the west coast of Scotland, while on...
Shipping Leaders Devise Hybrid Workplace Model Post-Pandemic
Faststream has released results of a global survey of senior shipping executives looking at how the pandemic has impacted daily working lives ashore.
...
[Watch] Massive Oil Spill from Sunken Cargo Ship
Evidence of oil seeping from the wrecked vessel can be seen in images taken on Monday, raising fears of the environmental impact, says an...