New Ethylene Terminal at Houston Channel To Be Scaled Up

Ethylene terminal has exported more than 300,000 mt so far in 2020. Terminal to reach nameplate 1 million mt/year capacity in December. Enterprise Products...

MSC Takes Hold of Euroseas Boxship

Swiss-headquartered containerline MSC recently completed the acquisition of a sub-panamax containership from Greek owner Euroseas. MSC’s owned fleet will reach 204 ships and...

ZIM Records All-time Highest Q3 Profit

Underscoring the remarkable bounce back of container shipping from reduced volumes due to COVID-19 lockdowns in the first half of the year, ZIM has...

Novel Retrofitting of 10,000 TEU LNG-fuelled Containership

Riviera whitepaper reports of an IMO type C tank and FGSS solution for a retrofitted 10,000 TEU LNG-fuelled container ship. Retrofit for LNG fuel LNG is...

AMSA Bans 4 Ships This Year for Breach of MLC

Australia has a reputation for rigorous inspection and enforcement action in relation to its Port State Control (PSC) activities. In recent years, this...

IMO Approves MARPOL Amendments To Reduce Vessel Emissions

The IMO approved draft amendments to MARPOL on short-term measures to reduce greenhouse gas (GHG) emissions from commercial shipping. The drafted amendments to...

[Watch] World’s Largest Wind-powered Vessel is the New Car Carrier

Oceanbird might look like a ship of the future, but it harks back to ancient maritime history -- because it's powered by the...

Green Financial System and Guidelines by People’s Bank of China

The People’s Bank of China, along with six other government agencies, issued the Guidelines for Establishing the Green Financial System. The Guidelines will...

Supertankers in China’s Plan To Drain Crude Oil Glut

China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut -- brand new supertankers usually reserved...

Unraveling the Complexity & Dividend Strategy of Maritime Shipping

For certain investors, willing to invest with highly variable durations, shipping has the potential to be quite lucrative. In contrast, investors who expect...