Alfa Laval – Orcan Energy Ink Cooperation Agreement for the Maritime...
Alfa Laval and Orcan Energy have signed a cooperation agreement regarding sales of marine energy efficiency solutions based on Orcan’s Organic Rankine Cycle (ORC)...
Why Midsized Shipbuilders’ Orders Bounce Back?
New orders for ships have been won by South Korea's midsized shipbuilders.
It is more than doubled in the first 10 months of...
Bunker Surcharges Hike Puts Pressure On Shippers
Huge hikes in FAK rates over the past 18 months follows, as oil prices surge.
Shippers now face significant increases in bunker surcharges...
Greek Shipping Legend, Philip Embiricos, Passes Away At 78
Greek shipping magnate Philip Alexander Embiricos Coumoundouros died peacefully in Paris on November 20.
He was 78 years old.
A Greek Reporter news source...
An Element of Risk for Shippers Signing New Long-term Contracts
Any significant fall in container spot rates from Asia seems increasingly unlikely this side of February’s Chinese New Year.
But thereafter the jury...
Report Warns China of ‘Colossal’ COVID Outbreak
China could face more than 630,000 COVID-19 infections a day if it dropped its zero-tolerance policies by lifting travel curbs, according to a...
This Investment Management Company Announces Green Shipping Fund
PROW Capital is proud to announce the launch of the Green Shipping Fund (GSF), a €420 million debt fund that provides credit to shipowners...
Oil Prices Hits Record Low
New variant may worsen oil outlook before OPEC+ Dec 2 meet
OPEC panel sees surplus growing in first quarter
Oil prices plunged $10 a...
“Getting to Zero Coalition” on Course To Reducing Emissions
The IMO target for reduction of GHG emissions from shipping is a 50 per cent reduction from a 2008 baseline by 2050. Many in...
Can The International Shipping Play Fair in Paris Climate Goals?
New research from the University of Manchester shows that the current climate targets set for international shipping are far too lax, and would mean...