Boxship Demolitions Abandoned Amid Spike in Freight Rates

Containership demolition virtually dried up in December as shipowners and carriers deployed all available tonnage to meet surging demand across trades, says an article...

Promising State-of-the-art Insurance Product for Shipping Industry

  New York-listed insurance provider Aon has launched a new insurance product aimed at shipping. The coverage will be activated when the cost of fuel rises...

Shifting Towards Green Shipping

In this decade, we’ll see more accelerated change in shipping fuels than we’ve seen in the last century. What does this heightened diversity mean...

Scrubber Repair Industry To Bloom With Rising Demand

After the rapid growth in scrubber installations in the years before 2020, the industry providing repairs to the emissions-cleaning systems is starting to expand. ...

ABB & Hyundai Sign A High Turbocharging Service Deal

A new agreement between ABB Turbocharging, HGS and Hyundai Heavy Industries’ Engine & Machinery Division (HHI-EMD) has established a ‘total service solution’. The...

An Upgraded Global Ship Lease Credit Rating By Moody’s Investor Service

Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a leading independent owner of containerships, announced today that its Corporate Family Rating has been upgraded to...

MSC Announces It’s Collaboration With The Hydrogen Council

  MSC Mediterranean Shipping Company announced it has joined the Hydrogen Council, a global industry body, as a steering member to foster cross-sector collaboration that...

Construction Of WSV New Diving Bell Vessel Completed

Damen Shipyards Group has completed the construction of German Federal Waterways and Shipping Administration’s (WSV) new diving bell vessel, says an article published in...

Guidance On Remote Surveys for EU IHM

The Republic of the Marshall Islands (RMI) Maritime Administrator issued a Technical Circular for its exceptional agreement for remote surveys/sampling to conduct onboard RMI-flagged...

Stranded Sailors Deferred From Disembarkation

Twenty three seafarers stranded aboard Indian vessel MV Jag Anand off the Chinese coast for the past 10 months are set to return via...