MOL Inks MoU To Ship Methanol From Russia

Japanese shipowner Mitsui OSK Lines (MOL) and its compatriot Marubeni Corporation have reached an agreement in Russia to explore options for methanol shipping from the country’s Amur Region, says a press release published on...

Fed Signals ‘Downshift’ In Economy, Asian Shares Slip

Shares in Asia fell after further losses on Wall Street following a Federal Reserve report showing U.S. economic activity slowed this summer, reports AbcNews. Economy affected The report pointed to resurgent coronavirus cases and mounting supply...

All About Coronavirus Right Now

South Korea is drawing up a plan on how to live more normally with COVID-19, expecting 80% of adults to be fully vaccinated by late October, health authorities said on Wednesday, says an article...

Recent Mergers That are Shaping the Carrier Industry

There is no denying that the past 18 months have been a tumultuous period for the global maritime industry, says an article published in Schock waves on supply chain According to the United Nations Conference on...

New Hires at Dan-Bunkering’s Middlefart Office

A/S Dan-Bunkering Ltd. appointments Hannah Kock and Magnus Øgendal Clement as Bunker Traders as of 1 August 2021, says a press release published on their website. About their expertise Hannah Kock Hannah has a bachelor’s degree...

Freight Rates Set To Stay High for The Next Few Years

Ocean carriers are confident they can keep freight rates at elevated levels at least for the next year, enabling them to extend vessel charters with containership owners for longer periods at much higher daily...

New Cyber Protection Tool Launched for Ships’ Navigation Computers

Elcome International has created a new security tool to prevent viruses, malware, or corrupted files from being introduced into ships’ navigational computers, says a press release published on their website. Ensuring safe file transfer Elcome Bridge...

Evergreen Placed An Order Worth Up to $1.1bn

Taiwan’s Evergreen Marine has placed an order at CSSC Huangpu Wenchong Shipbuilding for the construction of 24 feeder containerships in a deal worth up to $1.1bn, says an article published on splash247 website.  Deal of...

HMM Extend Its Extra Loader Services

Korean flagship liner operator HMM has extended its “extra loader” services to Australia, says an article published on loadstar website.  Hit nine this month The multipurpose HMM Ulsan, which has 1,888 teu container capacity, will depart...

Maersk Invests in WasteFuel to Develop Methanol Supply

A.P. Moller – Maersk invests in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas, says an article published on their website.  Carbon-neutral methanol pathways Maersk’s investment...