Transformation of Transportation & Logistics Industry With AI

What a ride it has been in the Transportation and Logistics (T&L)sector regarding the B2C eCommerce growth boom world-wide, much of this driven by the global retail sales growth during COVID-19, says an article...

K Line Signs Time Charter of VLGC With Gyxis Corporation

Kaisha (K Line) has reached an agreement with LPG importer Gyxis to enter into a time charter contract based on a new LPG-fueled VLGC for LPG/ammonia transport, says an article published on their website. Delivery...

Canadian oil sands, More Economical Feedstock Than Crude Oil

A rare cargo of Canadian oil sands arrived in August for China's private refineries based in the Shandong province, which would be a more economical feedstock than crude oil or bitumen blend to produce...

First Inland Vessel That Use Energy Containers For Propulsion

Zero Emission Services (ZES) commences today with the Alphenaar, the first Dutch inland vessel to use interchangeable energy containers for propulsion, says an article published on zero emission services website. ZES energy system for inland...

Euroseas Announces Agreement to Acquire a 1,740 teu Container Vessel

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced that it has agreed to acquire M/V Piraeus Trader, a 1,740 teu container feeder vessel...

Freight Rates Went Down, Coming as Caro Piles Up

The “stratospheric” freight rates and shipping lines’ huge Q2 profits have been slammed by cargo owners, and a new report claims the carrier alliances are “suppressing” cargo, says an article published in LoadStar. Tarrif Grew...

The Galleon Götheborg is Retracing its Path Around the World

 The galleon Götheborg is retracing its path around the world. Nearly 200 years after it sank into the sea, says an article published in Cnn. Ready for the retrace journey  The original Götheborg, a trading vessel...

Steps to Provide Cleaner Aviation & Marine

On the current trajectory, sustainable fuels will only supply a small percentage of aviation and shipping needs. Favorable government policies are needed to increase the production and adoption of sustainable fuels in both...

Asia Residual Fuels: Key Market Indicators for Sep 6-10

The Asian residual fuel market in the Sept. 6-10 trading week is expected to see support as an arbitrage cargo inflow from the West stays relatively low in September, reports Platts. Singapore's residue stocks Singapore's...

World Tanker Avoid Court After Govt Legal Threat

Singapore-based World Tankers Management (WTM) is trying to defuse a row with the Cambodian government after the Energy Ministry said it had filed a criminal complaint in local courts against the operator of the...