NYK Aiming At Net-Zero Emissions By 2050 For Oceangoing Businesses

  NYK has set a long-term target of net-zero emissions of greenhouse gas (GHG) by 2050  Target of Net-Zero Emissions by 2050 for Oceangoing Businesses In the future, the NYK Group will encourage new...

Wärtsilä Received Certification For EU Stage V Compliance

Wärtsilä has received marine sector commercial certification for compliance with the EU’s Stage V standards. The certification applies to the total solution, including the Wärtsilä 14 engine and exhaust after-treatment system, and was...

Why Is Fujairah ‘Not Approached’ For Alternative Fuels?

Fujairah, UAE, has not been approached by any counterparty about offering alternative marine fuels, says an article published in Argus Media. Receiving queries The port received queries from many companies about the possibility of storing LNG...

Weilbach Get IMO Approval For Digital Logbook

Weilbach, has achieved certification for its new digital logbook platform. The digital logbook platform is called WENDIS OneLog and was launched last year.  The software has been developed and tested with shipowners to...

Long-Term Ocean Freight Rates Now Up Over 90% Year-On-Year

Xeneta container rates alert: long-term ocean freight rates now up over 90% year-on-year the year has seen a unique convergence of COVID-19 disruption, port congestion, strong demand, and maxed-out capacity that has stoked...

Woodward L’Orange Expands Injectors Range For Future Fuel

  Woodward L’Orange offers flexible engine technology to marine industry. The company is developing new fuel injection technologies to meet the needs of the marine industry that include hydrogen and other Power-to-X (PtX) fuels. ...

NAT Fleet Expansion Program

Nordic American Tankers informed the market that we are working to sell a few ships and to buy some ships. For your easy reference, says an article published on their website. A well underway plan  At...

[Podcast] Impact Of Rising Prices & New Green Regulation

Just as the summer finally comes to an end and mornings become chilly, we would be expecting demand for heating oil to ramp up in Europe, as no boom has been reported yet. Furthermore,...

The Largest Single Feeder Boxship Order in History

China Shipbuilding Trading together with CSSC Huangpu Wenchong, and Evergreen formally signed an order for a total of 24 feeder container ships, says an article published in Xinde Marine News. Largest operation in history This is...

$385bn ‘Hidden Debt’ Of China’s Infrastructure Drive

China’s Belt and Road Initiative has left scores of lower- and middle-income countries saddled with “hidden debts” totaling $385bn, reports Financial Times. Existing debts The AidData researchers estimated that existing debts stemming from Chinese lending...