DNV Gives Approval In Principle to Innovative Triple-Wing Design
Windship Technology, Britain’s leading True Zero Emission company for the shipping industry announced their patented triple-wing rig has received a coveted ‘Approval in Principle’ (AiP) status from shipping classification society DNV, says an article...
Ishin Suppies Japans First Carbon Neutral LNG tug Boats
Nihon Tug-Boat Co Ltd announced that the Nihon Tug-Boat-operated liquefied natural gas (LNG)-fueled tugboat Ishin was supplied for the first time with Carbon Neutral LNG (CNLNG) fuel by Osaka Gas Co Ltd and Daigas...
LNG Tanker Burns More Dirty fuel as Super-Chilled Cargo Price soared
* LNG about $200 above fuel oil for the marine sector -sources
* Ships mainly powered by ‘boil-off gas turning to fuel oil
* Small fuel tanks mean more bunkering stops -source
Liquefied natural gas tankers are...
World’s Largest Civilian Hospital Ship Arrive Soon In Antwerp
As the International Day of Charity draws closer, Mercy Ships has announced that the Global Mercy completed its journey through the Suez Canal and the ship is headed for a short courtesy visit in...
OOIL Orders Ten 16,000 teu Ships
Orient Overseas International Ltd (OOIL), parent of Orient Overseas Container Lines (OOCL), said today it had ordered ten 16,000 teu ships, says an article published on loadstar website.
Ordered new ship
The Cosco unit said in...
K Line Revealed Its 2nd Transition Linked Loan
Japanese shipping major Kawasaki Kisen Kaisha (K Line) revealed plans to finance its transition linked loan (TLL) at the end of September 2021, says an article published on offshore energy website.
Transition linked loan
The carrier...
Carrying Containers on Bulkers is Not Simple as Before
With soaring container shipping demand, there are reports that exporters are chartering bulk carriers to carry containers. That may not be quite such a simple solution as it sounds, says an article published in...
Clarksea Index Records Sharpest Ever Rise
The ClarkSea Index has enjoyed its longest-ever stretch of continuous month-on-month improvement, another sign of how this year’s bull-run has echoes of the great shipping rally from 2003 to 2008, says an article published...
Crude Oil Prices Are Way Higher, Says the Report
Indian refiners are increasingly boosting run rates amid new-found confidence that the revival in oil products demand growth is likely to be sustained.
With some refiners already planning to lift runs to 100%...
[Watch] Boxship In Fire After Explosion
Container caught fire after explosion in cargo hold of a container ship docked at Ben Nghe, Ho Chin Minh, Vietnam, in the afternoon Sep 4.
What happened?
Container caught fire after explosion in cargo hold of...