Why Dual-fuelled Ships Could Switch From LNG To Diesel?

Increased doubts about the future of LNG as a compliant marine fuel against a backcloth of soaring gas prices has resulted in the cancellation of some LNG-fuelled vessel orders. The oil-producing cartel’s World Oil...

USCG Intercepts 250-Kilo Cocaine Shipment

The Coast Guard Cutter Reef Shark recently delivered two smugglers and 250 kilos of cocaine to Coast Guard Base San Juan after an interdiction of a go-fast boat off Puerto Rico, reports the Maritime...

DSV, Kuehne & Mærsk Falter Against the Odds

  DSV, Kuehne and Mærsk are all limping against the odds, reports the Loadstar. Grey Monday ’Grey Monday’ on 20 September, call it that, was almost a defining moment in logistics, one the bears hadn’t enjoyed for...

Paradigm Shift Seen In The Approach To Seafarer Welfare

a paradigm shift is seen in seafarer treatment in the process, this almost runs contrary to the previous view of seafarers as being commodities the tremendous disruption emphasized the importance of communication while...

LNG ‘At the Top’ To Address Maritime Decarbonization

AET invested $1 bil in LNG dual-fuel assets in past 4 years Technologies to tackle methane slip issue being developed Industry needs centrally coordinated, equitably proportioned carbon tax AET Tanker Holdings, a part of...

World’s First Free-Fall Dry Slide At Sea

new cruise ship to feature the world's first free-fall dry slide at sea and a three-level racetrack due to set sail in August 2022, Norwegian Prima has become the cruise line's most in-demand...

MOL Concludes Contract for Funds Through New Hybrid Loan

  Mitsui O.S.K. Lines, Ltd. announced that it has concluded a contract for 50 billion yen funding through new hybrid loan (the "New Hybrid Loan"). Meanwhile, like the hybrid corporate bonds announced in the March 17,...

World Maritime Theme for 2021 is Out

On 30 September 2021, IMO and the global maritime community come together to celebrate the annual World Maritime Day. The focus on this year's theme is Seafarers: At the core of shipping's future. A...

The Highest Daily Transit Rate Recorded At The Suez Canal

Suez Canal records the highest daily transit rate in its history eighty-seven ships passed through the waterway on Wednesday widening and deepening the canal would be the priority in the first phase of...

Nine Men Jailed Over $336,930 Singapore Bunker Fraud

Nine men have been handed jail sentences in Singapore for their part in a scam to defraud shipowners of $336,930 worth of bunker fuel. They range from two weeks to up to almost...