Bulk Market To Witness ‘Oversupply Concerns’ & ‘Freight Volatility’ in 2021
Valemax, Guaibamax ships eating into Capesize market share.
Australia-China tensions hit coal shipments badly.
Sub-Capesize sector counting on grain demand.Volatility was the hallmark of the dry bulk freight market in 2020 and this...
ONE Announces Long-term Charter of World’s Largest ULCSs
Ocean Network Express (ONE), in a press relase, reports the signing of Letter of Intent (LoI) with Shoei Kisen Kaisha, Ltd. for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS)...
Gasum Performs First Ship-to-ship LNG/LBG Bunkering
Nordic energy firm Gasum has performed its first ship-to-ship LNG-LBG blend bunkering to a cargo ship.
Gasum’s LNG bunker vessel Coralius conducted the bunkering at the port of Gothenburg in Sweden.On December 16th,...
World’s First LPG-Fueled VLGC Completes ‘Historic’ Voyage
BW Gemini, the world’s first VLGC to be retrofitted with LPG dual-fuel propulsion, completed loading at Enterprise Terminal in Houston.
The VLGC had completed its "historic" crossing of the Pacific Ocean on LPG...
Mission in China Continues To Help 23 Stranded Sailors
Two Indian ships continue to be stranded in Chinese waters for over six months.
The Ministry of External Affairs (MEA) said that the Indian Mission in Beijing is in touch with the Chinese...
Ranking of 12 Largest Container Carriers on Sustainability Report
Giles Foundation has come up with a Maritime Environmental Reports.
They assess the quality of the environmental reporting presented by the twelve largest container carriers in the world in their sustainability reports.
They...
UECC Teams Up With Gasum For First Ever LNG-LBG Bunkering
On December 16th, the UECC PCTC M/V Auto Energy received the first ship-to-ship bunkering of Liquefied Natural Gas (LNG) blended with 10% renewable Liquefied Biogas (LBG), says a press release issued by UECC.Gasum’s LNG...
RMI Issues Guidelines For Installing RFAs Onboard Yachts
The Republic of Marshall Islands shared the requirements for the design, installation, and operation of Recreational Fire Appliances (RFAs) onboard RMI-flagged yachts, says an article published by Safety 4 Sea.Recreational Fire Appliances (RFAs) means...
Hapag-Lloyd Signs $1 Billion Deal for 6 LNG Powered ULCVs
Order placed at Korean ship yard Daewoo Shipbuilding & Marine Engineering.
Vessels will be powered by LNG Dual Fuel.
Delivery starts in April 2023.
1 billion USD investment.German liner giant Hapag-Lloyd has ordered...
New COVID Strain Travels Round the World As Australia Detects 2 Cases
Australia detects new UK strain.
Hong Kong, India and other countries cancel Britain flights.
Much is unknown about the strain, but experts said current vaccines should still be effective against it.Australia has detected...