EPS Orders Six 7000 teu Container Ships

EPS scrambling to order container ships in New Times Shipbuilding. Six 7,000 TEU containerships, with a total value of $420 million.  EPS holds...

Norsepower & NMS Inks Exclusive Clean Technology Partnership

Newport Maritime Services (NMS) has partnered with Helsinki-based Norsepower, as an exclusive wind technology supplier for its NMS platform, says a blog article published...

Diana Announces Time Charter Contracts

Diana Shipping Inc. inks time charter contracts for m/v P. S. Palios with Olam and m/v Maia with Viterra, says a press release published...

[Watch] Sketchy Waves That Add Zest To Tanker Surfing

Tanker surfing uses water-displacement caused by large cargo and tanker ships passing through a ship channel, which in turn causes waves to form and brake on shoals and sandbars...

Weekly Tanker Report Week 22, 2021

The Baltic Briefing has issued the tanker report for the 22nd week of this year. The report dated 04th June 2021 provides a valuable...

Current Status & Future Prospects Of LNG for Ships

With the IMO ‘s tightening of SOx regulations, most ocean-going vessels now use low-sulfur heavy oil, however, the use of low sulfur heavy oil...

CMA CGM Strong 2021 Q1 Operating & Financial Performance

CMA CGM first quarter of 2021 financial results showed sustained strong operating and financial performance, says a press release published on their website. Addition of...

bound4blue Installs First eSAIL®System On Fishing Vessel

bound4blue installs its eSAIL® system on the first fishing vessel in the world to sail with wind-assisted propulsion technology, says a press release published...

Oil Prices Fall Amid Rising COVID-19 Infections in Asia

Oil prices fell on renewed demand concerns as coronavirus cases in Asia rise and on fears of rising inflation might lead the US Federal...

Abu Dhabi Terminals Partners With Microsoft for AI

Abu Dhabi Terminals, in the presence of His Excellency Omar bin Sultan Al Olama, UAE Ministry of Artificial Intelligence (AI), has announced...

Collision Of New Global Corporate Tax With Shipping’s Tonnage Tax

The new global corporate tax rate agreed upon by the G7 nations on risks undermining the cornerstone of how shipping companies are...

[FAQ] Ultimate Guide For Successful PSC Inspections

One of the nightmares of a shipping organization is the Port State Control inspections that managed vessels are subject all over the...

Trafigura And Yara Sign Deal On Clean Ammonia MoU

Trafigura, one of the world’s leading independent commodity trading companies, and Yara, a leading global ammonia player, have signed a Memorandum of...

Gard Releases Inspection Procedures To Avoid AGM Infestation

A Gard article describes a brief summary of the inspection procedures to tackle the Asian Gypsy Moth infestation on vessels. Asian Gypsy Moth The Asian...

What Happened To Wilmingston’s 243 Cargo Ships Built During WWII?

Wilmington constructed 243 cargo ships for the Maritime Commission and Navy during World War II and into 1946. It helped winning the war. An...

US Imports May Get Impeded Amid Trans-Pacific Congestion

U.S. import demand remains historically high. And yet, containerized imports could pull back, at least temporarily, because the trans-Pacific shipping system has bounced against...

Half Japan Predicts Olympics Will Go Ahead Despite Opposition, Poll Shows

Half of the Japanese public thinks the Olympics will take place this summer, a survey by Yomiuri daily newspaper showed. The Olympics have...

Rough Seas Hinder Inspection of Sinking Cargo Vessel

Rough seas and poor underwater visibility are hampering navy divers who are trying to detect any fuel leakage from a fire-ravaged container ship carrying...

‘Wheel Whackers’ To Keep Rattlesnakes and Scorpions Out of Planes

‘Wheel Whackers’ To Keep Rattlesnakes and Scorpions Out of Planes, says an article on CNN. Ideal conditions for aircraft storage Since the start of the pandemic,...

World’s First Large LNG-converted Boxship Arrives Home

World’s first large container ship converted to LNG to arrive in Hamburg, says a press release published on Hapag-Lloyd's website. First large gas propulsion container...