Meet HMM’s New Smart Colossal Containership
Hyundai Heavy Industries hosted a naming ceremony for the 16,000 TEU container ship HMM Gaon, at its headquarters in Ulsan on Monday, March 22, reports offshore energy.
About Newbuild
The colossal containership is the second newbuild...
Globus Maritime Announces $27m Bulker Deal
Globus Maritime Limited acquires a 2018-built Kamsarmax bulker for $27m, says a press release published on their website.
To Increase Fleet Carrying Capacity
The vessel, built at Jiangsu New Yangzi Shipbuilding, has been identified as Yangzijiang...
[Watch] Enclosed Space Entry – Stop, Think, Stay Alive
The International Group has collaborated to produce a safety training animation that draws attention to the risk of entering such spaces without first taking preventive and protective measures.Disclaimer: This video is intended for informational...
Moody’s & S&P Upgrade Corporate & Senior Unsecured Bond Rating
Container shipping has performed strongly despite the pandemic.
Hapag-Lloyd with robust operating performance in the current market environment.
Debt reduction has clearly exceeded expectations.According to a press release published by Hapag Lloyd, The...
Launch of Asia’s First ship-to-containership LNG Bunkering
Singapore is now able to provide liquefied natural gas (LNG) bunkering to larger LNG-powered vessels.
This is attributed to the launch of the first ship-to-containership bunkering operation in Asia on Wednesday.
The bunkering...
Techfast Clinches RM540m Contract for Marine Gas Oil Products
ACE market-listed Techfast Holdings Bhd has secured a contract worth RM540 million to supply marine gas oil products to Huang Fan Sdn Bhd.
Its wholly-owned subsidiary Fast Energy Sdn Bhd had entered into...
IMO 2020 Rule & Road To Decarbonization Goals
Successful implementation of the IMO 2020 rule is attributed to the cooperation of the stake holders.
It has provided a future pathway for impending stricter environmental rules and other changes in international shipping.
...
Seafarers Caught in the Deadlock,Crew Change Expensive
A standoff between commodities giants and shipping companies is prolonging the labor crisis at sea.
An estimated 200,000 seafarers still stuck on their vessels beyond the expiration of their contracts and past the...
Bourbon Subsea Services Gets the Turnkey Contract
Bourbon Subsea Services continues its cooperation with TetraSpar Demonstrator ApS.
It has been awarded the turnkey contract for transportation and installation of innovating TetraSpar Demonstrator Floating Wind Turbine (FWT) prototype in Norway.
TetraSpar...
Fraudulent Contract Bookings & Sky-high FAK Rates
Ocean carriers are cracking down on a spike in fraudulent contract bookings being driven by sky-high FAK rates from Asia.
Moreover, forwarders are gaining business from shippers based on “speculative” quotations.
Shippers not...