CSBC Corp Intents To Acquire Containership Build-And-Lease Business

CSBC Corp is planning to acquire a build-and-lease business, focusing on containerships. Chairman Cheng Wen-lon revealed the new strategy last week. Taiwanese shipbuilder CSBC Corp is planning to acquire a build-and-lease business, focusing on...

Shipping Delays Disrupt Supply Chains Amid Surging Demand

A significant spike in demand for consumer goods in the United States and Europe, combined with disruptions caused by the coronavirus pandemic, has roiled global shipping markets, driving up the cost of moving containers...

A Clean US Hydrogen Economy is Within Reach, But Needs A Game Plan

Addressing climate change requires not only a clean electrical grid, but also a clean fuel to reduce emissions from industrial heat, long-haul heavy transportation, and long-duration energy storage. Hydrogen and its derivatives could...

Unforeseen Accidents & Heatstroke Cases Hits Tokyo Paralympic Games

Amid the continuing effects of the coronavirus pandemic, unforeseen accidents and heatstroke cases have been reported one after another at the Tokyo Paralympics, highlighting the difficulty of organizing the event, reports the Mainichi. Player falls...

SCF Group Backs “LNG Fleet, LNG Bunkering & Alternatives” Conference

For the fourth time in a row, Sovcomflot supports the LNG Fleet, LNG Bunkering and Alternatives conference as its Partner, says an article published in Portnews. Alternative fuels The global transition of seaborne transport to alternative...

Indonesia’s Pertamina Scales Up Bunker Fuel Supplies

Indonesia's state-owned energy firm Pertamina has started supplying low-sulphur bunker fuel to oceangoing vessels at Krakatau port, in line with its ambitions to develop bunkering services in the Sunda strait, says an article published...

Diana Shipping Inks Time Charter Contract With Uniper

Diana Shipping Inc. has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels. The charter is expected to commence on September 1,...

Denmark’s First Biodiesel Ferries Set To Sail

As the maritime industry continues to take steps toward decarbonization, the ferry segment has been one of the pioneers demonstrating a new approach.  The belief is that ferries can serve as a proving...

EU Restricts Redundant Travel From US Due To COVID Surge

The European Union has halted leisure travel from the US due to rising COVID cases. The daily average for hospital admissions has risen past 100,000 for the first time since last winter. The European...

How Do Somalia’s Pirates Make Money?

Rob Phayre, a former ransom delivery specialist who helped shipowners retrieve vessels and crews from pirates, has written a new novel based on his experiences off Somalia.  He recently corresponded with The Maritime Executive about...