UNCTAD Urged Regulators for Greater Transparency
The United Nations Conference on Trade and Development (UNCTAD) has urged regulators to push for greater transparency in container shipping amid a protracted period...
Capesize Jump Puts A 10-year Peak on Baltic Freight Index
The Baltic Exchange’s main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger...
Capital Product Partners Agreed New Charters for Boxship Pair
Capital Product Partners has agreed new long-term time charters with MSC for 8,266 teu boxship pair Agamemnon and Archimidis, reports Splash247.
About the Charter
The 2007-built Agamemnon will commence the new...
Highest Ship Contract Recorded Than Any Q1 Since 2008
Banchero Costa reporting that more newbuilds were contracted in the first three months of the year than in any Q1 since 2008, says an...
The Baffling Mystery Of Asymptomatic COVID-19 Cases
One of the most perplexing and enduring mysteries of the pandemic is also one of the most fundamental questions about viruses. How can the...
Maritime Drone Estate Takes Over Deliveries To Docked Vessels
An area near Marina South Pier has now been designated as a space for maritime drone fliers to test their wares, including by delivering...
Marine Fuel Exports 2nd Highest on Record
China's exports of low sulfur marine fuel in March rose 57% on year to the second-highest monthly level on record, says an article on...
Singapore IPA Proposes 9 Pathways To Decarbonisation
The international advisory panel set up by Singapore's authorities last year has identified nine pathways to maritime decarbonisation, reports Ship&Bunker.
The nine pathways
The panel was...
IMO Discusses Carbon Intensity Of Potential Shipping Fuels
IMO has facilitated virtual informal discussion sessions (14-15 April) on lifecycle GHG/carbon intensity for potential future fuels for shipping, reports IMO.
Reducing carbon intensity
Shipping will...
Shell Conducts Trial To Use Hydrogen Fuel Cells for Ships
Royal Dutch Shell said on Wednesday it was conducting a feasibility study with partners to trial the use of hydrogen fuel cells for ships...
Order for Ten 82,000 Dwt Bulk Carriers
One of Chinese yard Hantong’s most loyal overseas customers is back for more bulk carriers, reports Splash247.
About the Order
Japanese owner Nisshin Shipping has placed...
Digital Yuan : $16 Trillion of US Dollar Deposits May...
The $16 trillion of offshore dollar deposits at international banks won’t turn into the equivalent amount of Chinese yuan.
Instead, that $16 trillion...
Call for Market-based Measures To Ensure Decarbonisation Targets
The world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation...
Sustainable Maritime Infrastructure Thematic Fund Launched
Eurazeo is delighted to announce the launch of the Sustainable Maritime Infrastructure Thematic Fund (the Fund).
The fund will finance more environmentally friendly...
Rise in Ship Orders, Moderating Freight Rates
Global freight rates will remain high in the short term, but will moderate in the longer term once shipping supply-chain disruptions are cleared...
First Engineer of Cargo Tanker Convicted of Falsifying Records
A federal jury convicted Gilbert Fajardo Dela Cruz of aiding and abetting an environmental crime and obstruction of justice in connection with the...
ITF Members Board Ever Given To Check Crew Welfare
Representatives of the International Transport Workers’ Federation (seafarers as key workers ) Sunday boarded the MV Ever Given (IMO: 9811000) to check on the health...
Maersk Stops Purchase of Boxships That Don’t Meet ‘Emission Targets’
One of the world's largest shipping companies by fleet size, AP Moller Maersk, has halted purchase of container ships that are unable to totally...
Singapore Port Authority Launches $90m Decarbonisation Fund
MPA has signed a memorandum of cooperation (MoC) with industry heavyweights to establish a fund for a maritime decarbonization center in Singapore.
The...
Wärtsilä Joins Consortium To Research Clean Marine Transport
Wartsila is participating in a consortium of Finnish research organisations and leading companies for developing radical new solutions for clean and efficient marine...