Massive Wave of Fresh Containership Newbuilding Orders

Container carriers and non-operating shipowners (NOOs) appear to have finally reacted to the severe capacity constraints in the global vessel fleet with a surge of new orders with shipyards, reports the loadstar. Fresh Containership Orders According...

Cargo Ship Fire, Firefighters Directed to Self-isolate

Fire erupts on a cargo ship berthed at Port Hedland overnight. A number of firefighters have been directed to self-isolate after battling the fire. The ship’s crew had not yet been given permission...

‘Say No To Summer Vacay!’ Advises Health Minister

Ireland Health Minister Robin Swann has advised not to opt for foreign travel over the summer holiday months, reports BBC. Countries in Red list  The health minister said Westminster and the devolved governments were discussing the...

Will the ‘Suez Canal Block’ Put A Dry Spell on Global Trade?

Freight, demurrage costs to rise Voyages via Cape unlikely Port congestion loomingA giant ship could be stuck in the Suez Canal for days, blocking one of the world’s busiest maritime trade routes that’s...

Dislodging Suez Canal ‘Blockage’ To Take Weeks

The Ever Given, a container ship, ran aground on March 23 after being caught in 40-knot winds and a sandstorm that caused low visibility and poor navigation. The vessel has wedged across the...

Methanol Institute Join Hands With A.P. Moller Maersk

The Methanol Institute (MI) on March 24 announced A.P. Moller - Maersk as the association’s newest member company, says an article published in Maersk. Vessel Plan Maersk’s first carbon-neutral vessel will be a methanol dual fuel...

USTC Gets Majority Stake In CM Biomass

According to an article published in Splash247, Denmark’s USTC has acquired a majority 60% stake in compatriot CM Biomass, the world’s largest independent wood pellet trading company. CM Biomass The CM Biomass management team and the...

Seaspan Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

According to an article published in Seaspan, Seaspan Corporation has signed a Partnership Agreement with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, joining with other partners to develop carbon neutral solutions and...

MAN Energy Wins Large VLCC Order

Man Energy Solutions has been given the order to supply Very Large Crude Carriers, says an article published on their website. Senior Vice President at MAN Energy Solutions about order Bjarne Foldager, Senior Vice President at...

SagaPure Aquires 33% Stake in Liquid Hydrogen

Saga Pure ASA (Saga Pure, OSE: SAGA) has committed to subscribe to NOK 30 million in a private placement of new shares (the “Private Placement”) in IC Technologies AS (ICT), which is developing a...