[FAQ] How Can Cold Ironing Help Shipping? 

Lately, shipping faces more and more pressure to reduce its emissions. Responding to this pressure, the sector is trying to come up with new ideas and solutions to improve the green footprint of ships....

Crude Import Increases by 21% in China, Q2 To Slow Down

March crude imports at 11.69 million bpd vs 11.73 mln bpd in Feb. Analysts expect crude imports to slow in Q2. March fuel exports at 6.83 mln T vs 5.3 mln T in...

Navios Maritime Acquisition Secures $100m Loan

New York-listed tanker owner and operator Navios Maritime Acquisition has secured an up to $100m loan from a subsidiary of N Shipmanagement Acquisition. A two-year loan has scheduled amortisation and bears interest at...

Size of Claim Likely To be Massive in Suez Blockade

Extensive litigation in multiple jurisdictions is likely to result from the unexpected closure of the Suez Canal in the wake of the Ever Given grounding. As cargo interests seek to dispute the value...

Resilient Coating System To Prevent Cavitation & Corrosion Damages

Recently the Ecospeed coating system was applied on the scrubber pipes, outlets and diffusers of several oil tankers and a bulker. This demonstrates that Ecospeed is not only the best option for the underwater...

Monjasa Witnesses Record Highs Despite A ‘Haphazard’ Year

 Monjasa Holding managed to successfully navigate the disrupted global fuel markets in 2020. The year concluded with a 9% increase in total volumes and a net profit of USD 30m, reads the company website.Marine...

Wash Water Discharge is Not Marine Pollution, Says Disappointed CSA

The Clean Shipping Alliance is “disappointed” in the recent decision to restrict exhaust gas cleaning system (scrubber) wash water discharge, says a press release published on their website. Announcement from Turkey The Clean Shipping Alliance expressed...

DNV Establishes Audit Protocol For Crew Well-Being

DNV has instructed its safety management auditors to specifically address seafarer health, work and living conditions, says an article published on their website. Head of DNV Maritime Speaks about the audit “The pandemic has in many...

ClassNK Adds ONE To Its ISO9001 Certification Registry

ClassNK has registered Ocean Network Express Pte. Ltd. (ONE) to its registry of ISO9001(Quality Management System/QMS):2015 certification, says a press release published on their website. About the audit process During the QMS construction of ONE for...

Hapag-Lloyd Announces Its US $550m Worth Boxship Orders

Hapag-Lloyd orders 150,000 TEU of standard and reefer containers for 2021, says a press release published on their website. Container fleet investment Hapag-Lloyd is stepping up once more the investment in its container fleet in light...