K Line, BP Successfully Concludes Biofuel Trial on Car Carrier
K Line has conducted a trial use of marine biofuel which was supplied by global integrated energy company BP on its car carrier Polaris Highway, says a press release published on their website.
Biofuel delivery
The...
Oil Product Stocks Two-week High After Record Plunge
Oil product stockpiles at the UAE's Port of Fujairah climbed to a two-week high as of Nov. 29 as fuel oils for shipping and power generation surged to a five-month high, reports S&P Global...
First Bio-LNG Bunkering Trial in Rotterdam by Shell
Containerships Aurora receives 44 cu m of Bio-LNG
Bio-LNG reduces GHG emissions by at least 67% on well-to-wake basis
LNG's share in global bunker fuel mix to rise to 16% in 2030: Platts...
Maersk Heads for Record Profits, Pays $1,000 To Each Employee
A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping company heads for record profits this year.
The bonus will be in December or January...
OceanPal Inc. Shares Were Up 44% To $7.51
OceanPal Inc. shares were up 44% to $7.51, following a 47% surge in their Nasdaq debut on Tuesday.
Diana Shipping Inc. spun off OceanPal, a holding company for three older dry bulk vessels.
...
10 Container Shipping Lines To Earn A Record $120 Billion
The 10 leading publicly listed container shipping lines are on track to earn a record $115 billion to $120 billion in profit in 2021.
It is a windfall that could transform the structure...
Danish Operator Norden Optimizes the Business Structure
Danish owner and operator Norden has consolidated three business segments into two.
One focused on investments and the other on asset-light freight services.
A recent news article published in the Splash 247 by Adis...
IoT Technology To Manage, Track & Locate Cargo At Sea
The Internet of Things (IoT) is a booming ecosystem of technology companies solving challenges and making the world better, reports Splash247.
Whether it be managing soil levels in remote farms to yield better harvests or...
World’s First Dual-fuel LNG Battery Hybrid PCTC Delivered
UECC takes delivery of World’s first dual-fuel LNG battery hybrid car carrier, reads a NYK press release.
World's first dual-fuel LNG battery hybrid car
On November 26, United European Car Carriers (UECC), which is equally owned...
MOL Takes Delivery of First ‘EeneX’ Coal Carrier
Mitsui O.S.K. Lines (MOL) has announced that the Kurotakisan Maru III - the first ship in the 'EeneX' series of next-generation coal carriers – was delivered on 2nd December at the Oshima Shipbuilding yard.
Coal...