K Line Introduces Plan for LNG-fueled Large-scale Dry Bulk Vessel

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has applied for the Specified Vessel Introduction Plan with Japan Marine United Corporation (JMU) to introduce vessels with excellent environmental performance, reads an official release. Vessels with...

CITC Financial Leasing Orders Bulk Carriers From DSIC

Chinese financial service provider, CITC Financial Leasing, has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of 10 bulk carriers, says an article published in Seatrade Maritime News. New generation design The contract...

Gram Car Carriers Seals $51m Contract in Charter Swap

Norway’s Gram Car Carriers (GCC) has secured a new five-year charter worth approximately $51m for the 4,200 ceu Viking Emerald, reports Splash247. Five-year time charter contract The contract commences in May of this year at a...

EU Approves Evusheld To Protect Against Covid

British-Swedish pharmaceutical company AstraZeneca announced on Monday its antibody-drug Evusheld, which is taken pre-emptively to prevent COVID-19, has been approved in the European Union, says an article published in YahooFinance. Recommendation for immunocompromised  The treatment, administered...

Clean Canaveral Carries Out Inaugural LNG Bunkering

The Clean Canaveral, the largest Jones Act LNG bunker vessel, has completed its inaugural bunkering in Jacksonville, Florida. As informed, the 5,500 cubic meter Clean Canaveral was delivered in December 2021. The vessel operates as...

LNG shipping stocks: Skyroceting of U.S. listed LNG shippers

The UP World LNG Shipping Index, the world’s only stock index focused on LNG shipping companies, gained 6.62% last week. U.S. stocks represented by the S&P 500 Index gained 1.79%, says an article published...

Was $46 Billion A Month Worth For Lockdowns?

China’s Covid lockdowns are likely costing the country at least $46 billion a month, or 3.1% of GDP, in lost economic output, and the impact could double if more cities tighten restrictions, reports Bloomberg. The...

FueLNG Bellina In Singapore’s First Ship-To-Ship LNG Operation

Singapore’s first LNG bunkering vessel FueLNG Bellina loaded LNG in what FueLNG described as the country’s first ship-to-ship transfer, says an article published in Offshore Energy. Joint venture FueLNG is a joint venture between Keppel Offshore...

Second P&O Ship Detained, Unfit To Sail

A second P&O ferry was detained after failing the safety checks, reports Safety4Sea. Another detention It is important to recall that on Friday 25, another ship operated by P&O Ferries has been detained in Northern Ireland for...

Hafnia Sealed A Deal To Sell Eight Vessels For $252M

BW Group-controlled Hafnia has sealed a deal for an en bloc sale of its eight 2016 and 2017 built stainless steel vessels to Dutch-based Ace Tankers for $252.4m, releasing around $50m in cash, says...