How To Powered Ships By Ocean Plastic Waste?

Researchers from the National Academy of Sciences of the United States of America have found a way to convert marine plastics into fuel for ships. The process is called HTL, which puts plastics...

Will Carbon Tax be Implemented by 2025?

The head of a major shipping company wants a carbon tax for his industry by 2025, and he’s confident his customers are willing to pay for it, reports Bloombergquint. Plans to decarb Making shipping pay for...

Cargo Ships Remain Scattered, Stuck In Ice!

Cargo ships are scattered all along Northern Sea Route as most of them awaiting icebreaker to be taken through ice, reports Maritime Bulletin. What happened? Cargo ships are scattered all along Northern Sea Route, most of...

Mixing Materials Lead To Upgrade Biomass Pellets

With the world coming to terms with the need to leave fossil fuels in the ground, renewable alternatives have never been more important. Biomass is any kind of renewable biological material that can...

The Most Profitable Quarter In Its History, Says Maersk

Container freight rates soar as supply chain disruptions intensify Maersk posts most profitable quarter in its history Bunker fuel costs jump in Q3 2021 as oil prices recover steadily A.P. Moller-Maersk -- the largest...

Crude Oil Futures Rebounded From 4-week Lows

Crude oil futures rebounded from 4-week lows in mid-morning trade in Asia Nov. 5 on investor dip-buying, with market watchers saying the near-term outlook for oil prices remained bullish with the market still stuck...

High Demand May Force Japan’s Bunker Supply To Tighten

Ships take bunker fuel for two voyages ahead of New Year's holiday. Shipowners prefer bunkering during cargo works. Power companies seek fuel oil for winter. Japan's bunker supply expected to tighten in Nov on...

CMA CGM Buys Port Of Los Angeles Terminal

CMA CGM agreed to acquire the Fenix Marine Services (FMS) container terminal at the port of Los Angeles in a deal worth around $2 billion that will extend its presence in a crucial hub...

PNE Marine Holdings & Fincantieri Bay Shipbuilding To Build LNG Bunker Barge

PNE Marine Holdings has executed an agreement with Fincantieri Bay Shipbuilding to build a 5,500 cubic meter (“CBM”) LNG bunker barge. PNE and Polaris are subsidiaries of Northstar Terminals, a portfolio company of...

Controversial Carbon Emission Proposal To Upset Commercial Operators

EUROPEAN shipowners want the cost of  buying carbon allowances to be passed to commercial operators, not owners. And for this to be enshrined in law when the maritime sector becomes part of the...