This Week Trends
A recent news article published in the Splash 247 by Sam Chambers states that Maersk fixes Singapore methanol fuel supplies.
Maersk's landmark partnership
Six companies, including Danish carrier Maersk, have formed a partnership that aims to establish Asia’s first green e-methanol...
The European Parliament formally approved a law to effectively ban the sale of new petrol and diesel cars in the European Union from 2035, aiming to speed up the switch to electric vehicles and combat climate change, says an...
MOL and Rio Tinto have solidified their commitment to collaboration by signing a significant Partnership Agreement.
The agreement marks a milestone in their joint efforts towards enhancing safety, crew welfare, and most notably, the decarbonization of maritime transportation.Mitsui...
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Hot Stuff Coming
Rate of Low Sulphur Surcharge Announcement (LSS)
The Low Sulphur Surcharge (LSS), which Maersk has assessed, will go into effect on April 1st, 2023The LSS tariffs have been calculated using the...
Containership Owner Arrested for Pollution Debt
Yang Ming's containership "YM Eternity," which lost 81 containers off the coast of Newcastle and Port Stephens in June 2018, has been stopped...
Europe Takes First Steps in Electrifying World’s Shipping Fleets
Since early 2015, a mid-sized car ferry, the MS Ampere, has been traversing the Sognefjord in western Norway from early morning to evening, seven days...
Curtain Closes on Hanjin
Hanjin Shipping used to be one of the world's top 10 shipping companies. But now, the final curtain has fallen.
Bankruptcy declared:
This Friday, the firm...
LATEST ARTICLES
COSCO Shipping Names New Eco-Friendly Multipurpose Vessel
COSCO Shipping Specialized Carriers, a unit of China’s COSCO Shipping Group, has held a naming ceremony for a newbuild environmentally friendly 77,000 dwt multipurpose...
Longship’s 2nd Eco-Friendly Cargo Ship Hits The Water
The Netherlands-based shortsea ship operator and logistics company Longship has launched the second low-consumption general cargo ship built by GS Yard BV in Waterhuizen,...
Chinese Ports Container Volume Rises 8.5% In H1 2024
In the first half of a year 2024, the container throughput of Chinese ports was 161.8 million TEU, a year-on-year increase of 8.5%, reports...
Analyzing Bunker Price Trends In The World’s Four Largest Hubs
In the 30th week, the MABUX global bunker indices continued their moderate downward trend. The 380 HSFO index fell by 11.25 USD: from 552.94...
PIL Boosts Efficiency With WaveBL’s Electronic Bill Of Lading
Pacific International Lines (PIL) is partnering with WaveBL, a leading provider of digital trade solutions, to provide a wider range of electronic Bill of...
GTT Reports Strong First-Half 2024 Results
GTT, a leading provider of membrane containment systems for liquefied gases, announced today robust financial results for the first half of 2024.
The...
Western Sanctions Push Russian Oil To Brave Arctic Waters
Russia’s first oil shipment of the year is travelling through the nation’s Northern Sea Route to China, with more vessels expected to follow suit,...
LNG Shipping Market Sees Divergent Trends
The LNG shipping market has witnessed contrasting fortunes this week, with rates surging in the Pacific while declining in Europe.
Pacific spot LNG...
Castor Maritime Expands Fleet With Ultramax Vessel Purchase
Castor Maritime Inc. (NASDAQ: CTRM) has announced the acquisition of its first Ultramax dry bulk carrier.
The company has entered into an agreement...
Drydocks World Completes Complex Vessel Conversions
Drydocks World has successfully executed a complex project involving the conversion and upgrade of two vessels for Eni's Baleine Phase 2 project, to be...