Castor Maritime Proclaims Magic Phoenix Delivery

Castor Maritime Inc., a diversified global shipping company, announces delivery of M/V Magic Phoenix. The Company also announces that the M/V Magic Venus has been fixed on a time charter contract at a...

Glencore and Cheniere Sign LNG Long-Term SPA

Glencore's subsidiaries and Cheniere Marketing, LLC (“Cheniere Marketing”) have entered a binding liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”), says a press release published on their website. The SPA establishes the key commercial...

This Persisting Issue Hurts Low Carbon Energy Transition

Singapore-based Pavilion Energy expects to nearly double the number of LNG cargoes it trades each year by 2024, with an even split between Europe and Asia, its chief executive Alan Heng said during an...

Severe Cloudburst Hits North America

The storm is in the record books for B.C Winds were forecast to hit 50-90+ km/h MV Zim Kingston vessel encountered rough seas during its voyage across the Pacific  The West Coast of North...

CSL Delivers Second Converted Self-Unloading Ship

The vessel will operate in the CSL Americas fleet as part of the CSL International Pool, where it will join sister-ship CSL Koasek, which was delivered on August 30, 2021, and is trading on the North American West...

International Seaways Signs With Ocean Yield for Refinancing Vessels

International Seaways, Inc. announced that it has signed agreements with Ocean Yield ASA ("Ocean Yield") for the refinancing of six vessels in attractively structured sale-leaseback transactions, says an article published in Finance Yahoo. About the...

Yara Created World’s First Autonomous Electric Cargo Ship

  Norwegian chemical company Yara International (Yara) has claimed that it has created the world’s first zero-emission, autonomous electric cargo ship. Yara coined the concept in 2017 as a part of the company’s vision...

Methane Emissions To Become A Challenge for Shipping Industry

Methane emissions to become a challenge for shipping industry, says Environmental Defense Fund. The United Nations Climate Change Conference, also known as COP26, will discuss a pledge to reduce methane emissions when it...

Elenger Marine Eyes On Clean Baltic Sea

Elenger Marine is engaged in LNG bunkering and transportation with five years of solid experience. They are a major bunkering services supplier in the Baltic Sea region. Elenger Marine is major provider of truck-to-ship (TTS)...

Wärtsilä’s Carbon Neutrality Target By 2030

The technology group Wärtsilä announces its “Set for 30” commitment to achieving ambitious climate targets. To become carbon neutral in its own operations, and To provide a product portfolio which will be ready...