Congestion Down In China, Trans-Pacific Shipping Rates Retreat

China port congestion falls sharply trans-Pacific shipping rates retreat ships at anchor off Shanghai/Ningbo down nearly 50% over the past 18 days Chinese factories are being plagued by power outages that constrain export...

Belships Grabs Ultramax Bulker Resale

belships snaps up Ultramax bulker resale fleet expansion continues with the acquisition of an Ultramax newbuilding resale currently under construction in Japan it plans to finance the vessel through a ten-year fixed-rate bareboat...

DOE Picks Shell-Led Consortium For Hydrogen Storage Project

shell-led consortium selected by DOE to demonstrate the feasibility of large-scale liquid hydrogen storage this is a largely untapped field with potential for advancing the global commercialization of hydrogen as an accessible, affordable,...

CSUCI, CFROG Unite To Examine Oil Spill Impacts On Invertebrates

reports of 155,000 gallons of oil being released dominate a discussion about impacts on birds, fish, and marine mammals the current thinking as to the cause is that a large tanker ship’s anchor...

Piracy & Armed Robbery Incidents Go Low in Decades, Says ICC

The ICC International Maritime Bureau (IMB) has reported the lowest number of reported piracy and armed robbery incidents for the first nine months of any year since 1994. Lowest number of reported incidents IMB’s latest global...

Dry Bulk Carrier Arrested

A dry bulk carrier was arrested in Singapore last week, reports Ship & Bunker. Dry bulker arrested The 18,300 DWT bulker Eagle was arrested at 2:38 AM local time on October 10, according to Singapore court...

Bunker Sales Drop To 15-month Low in Singapore

Bunker fuel sales at the port of Singapore decreased by 6.7% on year during September 2021, reports Manifold Times quoting the Maritime and Port Authority of Singapore (MPA) data. Bunker fuel sales In total, 3.94 million...

Energy Firm Invests €2.5b To Boost Renewable Hydrogen

The agreement focuses on the assessment of investment opportunities for the two companies in renewable hydrogen projects across Spain and Portugal. This agreement represents for both companies, a further step in their commitment...

Firefighters Rescue A Man Who Fell 60 Feet Into the Hull

A man was working on a cargo ship at the Poland Avenue Wharf when he fell 60 feet into the hull Tuesday afternoon, officials said, and needed to be rescued, officials said. The...

Maersk Diverts Big Cargo Ships From UK Amid Container Backlog

Supermarkets are searching for alternative ways to bring food into Britain as ships are diverted from the UK’s main port due to congestion. Maersk, the world’s largest container shipping company, is diverting big vessels...