COSCO Shipping Orders LNG Carrier Trio Worth $554m

China’s shipping company COSCO Shipping Energy Transportation Co. has ordered three liquefied natural gas (LNG) carriers from compatriot Hudong-Zhonghua Shipbuilding and China Shipbuilding Trading, reports Offshore Energy. $554m LNG carrier deal The deal, which was signed...

Strategies To Build A Resilient Supply Chain

Geopolitics, Brexit-related regulatory restrictions, the Suez Canal obstruction, Hurricane Ida and energy shortage crises crippled supply and created huge barriers to meeting demand.   Tomorrow’s leaders must better prepare for such contingencies. But how can they...

Exporters on Edge Amid Another Lockdown

More than 300,000 people have been tested for coronavirus in a district in the port city of Ningbo, following an outbreak of the illness, reports Splash247. Two-week lockdown  The district of Zhenhai has been put on...

NYK To Build First LPG-fuelled LPG/Ammonia Carriers

NYK orders its first two liquefied petroleum gas (LPG) dual-fuel very large LPG / ammonia (NH3) gas carriers (VLGCs) from Kawasaki Heavy Industries, Ltd, says a press release published on their website. Both ships will...

“K” LINE Awarded “A List 2021” On Climate Change

"K" LINE is pleased to announce that the company was recognized as "A List 2021. The “A List” is awarded to companies that are evaluated as global leaders in their response to climate...

Suez Canal Witnesses The First Transit of The Giant Containership “EVER AIM”

Osama Rabie, the Egyptian chairman of the Suez Canal Authority, revealed today that the massive container ship "EVER AIM" had completed its first transit through the canal on its way from Malaysia to the...

Shipping Significant Improvement In Safety Over The Past Decade

Shipping has seen a significant improvement in safety over the past decade. The release of a major new analysis, ‘Maritime Safety 2012-2021: a decade of progress’, from Lloyd’s List Intelligence and DNV. Valderhaug...

Maersk, More Realistic Transit Time Predictions

Maersk we are making a dedicated effort to alleviate pains in our customers’ supply chain, providing visibility, clarity and predictability. One of the developments manifesting itself is our ability to predict more accurate...

‘Stealth’ Variant Of Omicron Puts Scientists In Distress

Scientists say they have identified a “stealth” version of Omicron that cannot be distinguished from other variants using the PCR tests that public health officials deploy to gain a quick picture of its...

BIMCO Publishes ‘Game-changing’ EEXI Transition Clause

According to a recent article published on BIMCO website, ahead of the implementation of the IMO’s Energy Efficiency Existing Ship Index (EEXI) in January 2023, BIMCO has drafted an EEXI Transition Clause which can...