IMO Has To Accelerate Its GHG Strategy!, Says Environmental Groups

Environmental organisations have called for the IMO’s secretary general Kitack Lim to accelerate its greenhouse gas (GHG) strategy, says an article published in Container...

Mechanical Failure! Bulk Carrier Drifts!

Bulk carrier suffered mechanical failure in Mediterranean south of Rhodes island, Greece, and started to drift, reports Maritime Bulletin. What happened? Bulk carrier ORMI loaded with...

US Transpacific Imports from Asia Decline for the First Time

Chinese transpacific container shipments to the US declined by over 1m teu in 2019. Total volumes from Asia to the US fell 2.5%,...

European LSFO Competing With Singapore Crude Amidst LSSR Price Rise

Algeria's LSFO finds increased demand as part of the 0.5% marine fuel blending pool. Crude factors have gone from $7.40/b premium on January...

Shipping Giants Explore How Big Data Can Make CBM A Reality

  Shippers are opting for condition-based maintenance strategies. They can help shipowners predict and tackle issues before they result in failures and downtime. Kawasaki’s...

Shipper-owned Containers Keen To Bring Flexibility in Shipping

Shippers have the choice of opting for carrier-owned containers or shipper-owned containers. COCs are opted for standard shipments on stretches with a high...

Chinese State Shipbuilding Corporation Bags Major LNG Contract!

According to an article published in Seatrade-Maritime News, CSSC Hudong-Zhonghua Shipbuilding announced it has inked a contract with Petronas for the construction of two...

Global Economy Looks Promising Now, Says ABB CEO

ABB Chief Executive Peter Voser said the Swiss engineering company was more positive about the global economy than it was six months ago, reports...

Global Shipping Companies Under Container Capacity Crunch

2M alliance partners Maersk and MSC have advised their North European customers of five void Asia sailings in March, and the members of the...

Kamsarmax Disabled After Engine Room Fire!

Fire disabled a UK-flagged kamsarmax in the early morning hours of January 24 off the Gulf of Aden, reports Splash247. The fire was contained to...