KR & HHI Ink Strategic Partnership MoU for GHG Issue

Korean Register (KR) signed an MOU with Hyundai Heavy Industry (HHI) Group to work together to address key environmental challenges facing the industry, reports...

High-Speed Internet Connectivity Cuts Seafarer Isolation

High-speed internet connectivity allows seafarers to feel less isolated at sea, with VSAT-enabled media and entertainment applications increasingly important as mariners have deployments extended due to Covid-induced travel...

LNG Powered Vessel Orders Hit Record High in March

Classification society DNV says orders for LNG-powered ships hit record high in March as a growing number of owners opt for the fuel to...

EU Maritime Carbon Pricing, Call for Fair Proposal

An alliance of Greek and Swedish shipowners, along with Transport & Environment (T&E) write to European Commission about 'polluter pays principle’. They have...

Strong Q1 Dry Bulk Freight Market A Surprise

Although uncertainties still loom large due to the global pandemic, many countries are recovering economically and actively rebuilding commodity stockpiles. Expectations are that...

Booming Container Market For Another 2 Years

After cumulative ocean carrier profits exceeded some $9bn for the final quarter of 2020, the returns for the liner industry could double that...

Growing Container Ship Building Business, A Fact File

It has long been argued that shipowners are abstaining from orders because they fear future decarbonization rules won’t grandfather in today’s carbon-emitting newbuild designs. What’s...

Arnt Vespermann, the New Chief of Offen Group

After announcing his departure from Hamburg Süd earlier this year, Arnt Vespermann is will take over the management of Offen Group. His experience of...

US To ‘Pause’ Use Of J&J Vaccine Over Blood Clot Concerns

The FDA is asking states to temporarily halt using J&J’s Covid-19 vaccine after six people in the U.S. developed a rare blood-clotting disorder. ...

Gasoline Margins’ Improvement Slits China’s Fuel Oil Output

Recovering gasoline refining margins in Asia-Pacific are expected to cut Chinese fuel oil production, which will help relieve high inventory levels at major bunkering...

WHO Reports On The ‘Exponentially’ Growing Covid Rates

The global coronavirus pandemic is still growing exponentially, the World Health Organization said on Monday, as it reported 4.4m cases in the last week,...

Understanding the Infrastructure of Ship Recycling Facility

It is widely criticized that recycling facilities do not have adequate procedures and infrastructure to collect and dispose of the hazardous waste recovered from...

Singapore Heeds Tech To Support Shipping Industry

Singapore is looking to build on its pivotal role in the world’s oceangoing trade lanes. The city-state is offering incentives to draw $15...

Sea Trials Using Biofuels Launched To Curb Emissions

The Indian Register of Shipping (IRClass) has undertaken successful sea trials for two vessels towards use of biofuels in concurrence with the Indian flag...

Chinese Covid19 Vaccines Have ‘Low Efficacy’, Admits Health Officials

According to an article published in CNN, the efficacy of Chinese Covid-19 vaccines is "not high" and authorities are weighing options to bolster protection --...

Euroseas Seals Time Charter for Feeder Boxship

Nasdaq-listed Greek containership owner Euroseas has sealed a new time charter contract for 1999-built 1,732 teu boxship Joanna, reads the company press release. The new...

Smart Bollard Testing Hopes For Positive Results

A new Smart Bollard is under test at Hutchison Ports ECT Delta Terminal on the Maasvlakte, Rotterdam, says an article published in PortStrategy. Innovation begins...

Hottest Market Expected for Freight This Summer

This could be the hottest summer ever experienced for goods transportation, says an article published in FreightWaves. Inbound Ocean TEU Volume Index The IOTI measures which...

Japanese Spot LNG Prices Drops Off

Japanese spot LNG prices for delivered cargoes in March dropped substantially from the previous month and the contracted prices almost halved, as well as...

Peltzman Effect Ups Covid Cases Despite Vaccination

Last week, Dr Narottam Puri, a dear friend, sent me a message about the Peltzman Effect and why many people have become infected with...