Seaspan Announces Boxship Charter Extensions

Seaspan Corporation has forward fixed contracts for ten 10,000 TEU containerships with an undisclosed major liner, says Splash 247. About the contract The new five-year charter agreements will extend four charters set to expire in 2022,...

Western Bulk Targets Oslo Listing in Q3

Western Bulk has initiated the process of seeking a listing on Euronext Growth in the third quarter of this year as it remains confident on the outlook for the dry bulk sector, reports Splash...

Genco Bags $450m Refinancing Deal & Buys Ultramax Trio

New York-listed dry bulk owner Genco Shipping & Trading has landed a $450m refinancing deal and agreed to purchase three additional fuel-efficient Ultramax vessels, says an article published in Genco Shipping & Trading. The new...

Baltic Exchange Offering Indicative Emissions Data

The Baltic Exchange has calculated a set of indicative CO2 emissions figures and Energy Efficiency Operating Indicator (EEOI) reference values & trading on the various dry bulk routes, says a press release published On...

Oil Price Fall Continues as China’s Outbreak Weighs on Demand

Oil slumped in New York after a surprise increase ins U.S. crude inventories added to renewed concerns about demand recovery as China battles the coronavirus resurgence, says a press release published on World Oil. Weakening...

Galveston & Stabilis Join MOU on LNG bunkers

Galveston Wharves at the Port of Galveston and energy transition services firm Stabilis Solutions have signed a memorandum of understanding to enable LNG bunkering at that Texas port, says a press release published on...

Japanese Trio Establish Hydrogen-fuelled Engine Venture

Kawasaki Heavy Industries, Yanmar Power Technology, and Japan Engine Corporation unveiled the launch of HyEng Corporation as part of their net-zero drive, says an article published in Offshore Energy. About the launch The launch of hydrogen-fueled...

[Watch] Time-lapse Video Of Two Massive New Giant STS Gantry Cranes

The new, state-of-the-art container port at Ringaskiddy has got two massive new landmarks - giant Ship to Shore (STS) gantry cranes that tower over the facility. Disclaimer: This video is intended for informational purpose only....

Shipping Is Overtaking Aviation in Greenhouse Gases Emission

Ships transport more than 10 billion metric tons of cargo each year, including clothing, electronics, and oil, says an article published on yale climate connection website. Emissions by ship Almost all of these ships run on...

Exports of Fuel Oil Increase, Oil Product Stocks Crumble

Oil product stockpiles at the UAE's port of Fujairah have fallen to a four-month low, led by a decline in fuel for power generation and marine bunkers. Total inventories stood at 18.747 million...