This Week Trends
The Naming Ceremony for our newest Cape-size vessel, the K.YOUNGHUNG, was held on 30th, July at Sungdong Shipbuilding, Tongyeong, Korea. This vessel has a capacity of 150,000dwt, length of 273m, and width of 46m, which is committed to a...
Polish and U.S. officials held talks in Washington to enhance energy cooperation, focusing on increasing LNG supplies from the U.S. to Central Europe.
Discussions also covered the development of Poland’s first nuclear power plant in partnership with Westinghouse.
...
Evergreen receives Ever Act, the second vessel in the world’s largest containership series
all of the six A-class megamax container ships are set to be delivered by Samsung Heavy Industries between 2021 and 2022
these vessels are currently...
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Hot Stuff Coming
ExxonMobil Works On Bio-Oils
The algae bio-oils if processed in the U.S. refineries will supplement conventional gasoline, diesel, aviation fuels and marine fuels. There is an additional potential...
Is Cosco Ship Scrapping Strategic?
Shanghai-listed Cosco Shipping Holdings, a subsidiary of Cosco Shipping Corporation Limited (Cosco Shipping), has revealed that it scrapped eight vessels during the fourth quarter...
Why Did the World’s Richest Person Sell Himself An $84 Million House?
Arnault’s LLC was sold to another LLC set up by his lawyer – meaning the billionaire bought the house from himself.
Arnault is...
IMO To Restart In-Person Meeting After Covid 19
A recent news article published in the Ship and Bunker states that IMO to resume in person meeting after Covid 19.
IMO resumes in-person meeting
The International...
LATEST ARTICLES
NCFI Shows Diverging Trends as Middle East Rates Surge
The latest update of the Ningbo Containerised Freight Index (NCFI), released by the Ningbo Shipping Exchange, reveals notable divergence across major trade lanes, with...
Merchant Vessel Beats Back Pirate Raid Amid Red Sea Revival
A merchant vessel successfully thwarted a coordinated pirate attack in the Bab-el-Mandeb Strait early Friday morning, underscoring the persistent volatility in one of the...
Fire Incident at Manila North Harbor Prompts Investigation and Safety Review
Fire reaches second-alarm status, requiring a major response.
Authorities contain damage to the lower decks after hours of firefighting.
An investigation is underway,...
War Risk Premiums Shift: Red Sea Rates Drop While Black Sea...
War risk premiums for vessels sailing through the Red Sea have fallen sharply following the recent ceasefire and decline in Houthi attacks.
In...
Container Shipping Faces Year-End Pressure as Demand Softens and Disruptions Rise
Blank sailings surge with 64 cancellations across five weeks.
Spot rates jump, but sustainability remains uncertain.
Severe storms disrupt Asian terminals and delay...
EU Moves to Permanently End Russian Gas and Oil Imports by...
The European Union will effectively and permanently stop the import of Russian gas and move towards the phaseout of Russian oil under the provisional...
Maersk Pushes Decarbonisation Frontier with 50/50 Ethanol-Methanol Blend Trial
Maersk to trial 50/50 ethanol-methanol blend on the vessel Laura Mærsk
Initial E10 test confirmed safe integration and strong performance
Ethanol offers another...
India Moves Closer to Arctic Access Under New RELOS Pact With...
A logistics support agreement ratified in Moscow opens the door for Indian naval and commercial vessels to access Arctic ports.
The pact supports...
Major Newbuild Programme Launched Amid Strong Shipping Demand
A major owner has placed a $1.6 billion order in Chinese shipyards for a mix of VLCCs and container ships.
This newbuild programme...
Air Lubrication Systems Selected for Nine New RoPax Newbuilds
Nine new RoPax vessels being built in China will be fitted with air lubrication technology.
The order marks the largest RoPax installation programme...





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