Capacity Crunch Drives Breakbulk Revival

Container shipping’s capacity crunch has priced some agricultural and chemical commodities out of the market – in favour of breakbulk, says an article published...

Hapag-Lloyd At The Top End of Its Revised Earnings Forecast

Hapag-Lloyd’s preliminary results for 2020, of an ebit of $1.5bn, are at the top end of its revised earnings forecast, says an article published...

Kawasaki Heavy Industries Orders Battery-based Energy Storage System

Japan's Kawasaki Heavy Industries has ordered a Corvus Energy battery-based energy storage system (ESS). The aim is to integrate it into the zero-emissions...

Maritime Organizations Push Governments To Ensure The Safety Of Seafarers

The COVID-19 pandemic has trapped hundreds of thousands of seafarers aboard cargo ships, unable to get off or switch crews due to fears of...

Wartsila’s Marine Businesses Heavily Hit, New Orders Declined

The impact of the Covid-19 pandemic and a slump in shipbuilding contracting resulted in Wartsila’s marine businesses. As a result, there is a...

High Alert in Singapore Strait Eastbound Lane Over Attacks

In a major development, Re CAAP ISC  issued an Incident Alert (01/2021) on incidents against ships in the eastbound lane of Singapore Strait The...

Carriers Resort To Blank Sailings As Equipment Shortage Ends

According to a LoadStar report by Mike Wackett, ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year...

Shippers Reek Benefits of Increased Vessel Value As Rates Soar

Containership owners have seen the value of their assets soar in the past few weeks, and they are said to be “raking in the...

China & India Dominate Global Vaccine Influence As Rich Nations Hoard

With mass vaccination campaigns against Covid-19 underway globally, there is an emerging gap between rich and poor nations in their abilities to secure enough...

Maritime Academies Should Include Environmental Aspects Of Shipping

David Hume, the founder of The Liquid Grid, looks at how America’s next generation of seafarers could lead world shipping to a greener future,...

Shipping Companies Oppose EU’s New Emission Regulations

Shipping companies are crying foul over EU plans to regulate the sector’s emissions. But the industry’s claim that new rules would break international law...

IMO 2020 Reaps 70% Cut in Sulphur Oxide Emissions

On 1 January 2020, new reduced limits on sulphur in fuel oil brought about a 70% cut in total sulphur oxide emissions from...

Global Container Shortage Implies Signs of Normalcy, Index Confirms

What does the global shortage of shipping containers that’s sent ocean freight rates skyrocketing show? Is it signs of easing! Yes, according to...

U.S. Vows To Help SE Asian Nation Against Maritime Attacks

U.S. President Joe Biden’s government has vowed to extend support to the Philippines, in case of any armed attack in the South China Sea,...

Webcast Link for Diana Shipping’s 4th Quarter Results

Diana Shipping Inc. announces the date for the 2020 fourth quarter and year-end financial results. Its financial results for the 4th quarter and...

Konsberg Technology To Secure Environment Friendly WTIU

Kongsberg Maritime (KM) technology is at the centre of an ambitious new project to build a next-generation Wind Turbine Installation Unit (WTIU), destined to...

European Diesel & Shipping Market Participants Divided Over Economics

According to an article published in S&P Global, Participants in the European diesel and shipping markets are divided over the economics to send ULSD...

Why Are the New Coronavirus Mutants Causing Concerns?

There are many circulating around the world, but health experts are primarily concerned with the emergence of three, reports the Economic Times. Virus mutations As a...

Maritime Body Demands Seafarers Support Fund

Maritime body MUI on 15th January, demanded announcement of a support fund for seafarers in the forthcoming Budget, says an article published in Outlook. Seafarers...

Methanol Holds Promise As Alt Bunker Fuel: Executive

Much of global methanol production goes to industry leaving little left over for shipping, a methanol industry executive has said. Interviewed by price reporting agency...