MSC At The Top Of The Liner Rankings

  A recent news article published in the Splash 247 written by Sam Chambers states that MSC’s lead over Maersk surpasses 100,000 teu. Mediterranean Shipping Co’s lead over 2M partner Maersk Mediterranean Shipping Co’s lead over 2M...

Yang Ming Approves Construction Of Five 15,000 LNG-fueled Boxships

A recent news article published in the Offshore Energy states that Yang Ming to order five 15,000 LNG-fueled boxships. Yang Ming Marine Transport Corp. has approved the construction The board of directors of Taiwanese shipping company...

Ever Forward To Undergo Inspection Before Returning To Service

A recent news article published in the Splash 247 states that Ever Forward refloated, will be inspected before returning to service. What happened? At 7:12 on Sunday morning, the Ever Forward was refloated after being stuck in the mud...

Bunker Sales Rebound 12.79% on Month From Record Low

Total sales at 696,610 cu m in March Record high was 782,060 cu m in Oct 2021 HSFO sales rise 3.11% on month Fujairah's bunker sales in March rebounded 12.79% on the month from...

MOL Launches ‘MOL Sustainability Plan’

Mitsui O.S.K. Lines, Ltd. has announced the establishment of the "MOL Sustainability Plan" as an initiative to realize a sustainable society and improve corporate value, according to the company's release. MOL Sustainability Plan In establishing the...

Shanghai Lockdown Disrupts Logistics, Shipyards & Production

Disruption is growing to shipping and logistics, shipyards, and production as Shanghai’s lockdown continues, reports Seatrade Maritime News. Container port congestion While the world’s largest container port remains operational it is becoming increasingly congested, as trucking...

Man Jumps Overboard Cruise Liner

The U.S. Coast Guard was searching for a man who jumped overboard from a cruise ship Saturday as it approached Florida, reports NewsOn6. Man jumps from the Carnival Cruise The man jumped from the Carnival Cruise...

World Bank Plans New $170bn Crisis Fund

The World Bank is seeking to create a $170 billion emergency fund to help the poorest nations being buffeted by multiple crises, reports the Guardian quoting the bank’s President David Malpass. Funding to ease ‘multiple...

Chinese Companies Face Potential Wall Street Delisting

In mid-March, it was reported that U.S. and Chinese regulators were getting closer to a cooperation plan regarding Chinese companies listed on U.S. stock exchanges. The New York Stock Exchange and Nasdaq had threatened...

DALL-E 2 Produces Fantastical Images Of Most Anything You Can Imagine

In January, 2021, the OpenAI consortium unveiled its most ambitious project to date, the DALL-E machine learning system. This ingenious multimodal AI was capable of generating images based on the attributes described by a...