Windship & DNV Unveils New Zero-emission Ship
Windship Technology has created a new zero-emission ship that could help to revitalise the industry, says an article published in Environment Journal.
The Zero Emission Ship
The True Zero Emission ship uses a new diesel-electric drive...
CMA CGM Issues First Quarter Equipment Imbalance Surcharge
The CMA CGM group, in their website, informs its customers of the Equipment Imbalance Surcharge applicable as follows as from March 1st, 2021 until further notice.
Empty Equipment Imbalance Surcharge
Origin Range: From Bata, Equatorial...
What Makes LCL More Attractive To Shippers?
The shortage of containers in major tradelanes is driving demand for less-than-container-load (LCL) solutions, says an article published in The Load Star.
Open Offerings
With boxes only available at exorbitant rates, more shippers and forwarders are...
LNG Buyers Rethink Procurement Plans Due To Surge In Spot Prices
This winter's LNG supply constraints and the associated surge in Asian spot LNG prices in mid-January have prompted buyers to rethink their procurement strategies, given sellers' opportunity to market long-term deals with renewed vigor, and...
Key Advantages of Autonomous Shipping
Autonomous ships are good for business, for the environment and improves safety both at sea and on land. Autonomy introduces a new competition area for short-sea shipping and opens a larger market for maritime...
Star Bulk To Capitalise On Scorpio’s Dry Bulk Exit
Star Bulk is the latest company seeking to capitalize on Scorpio Bulkers's exit from dry bulk, taking on seven of its ships, reports Ship&Bunker.
The massive buy
Star Bulk has agreed to buy the SBI Pegasus,...
Pan Ocean Shares To Rise in 2021, Uptrend BDI
Ocean shipping in favor in 2021, shipbuilding in 2022; top pick is Pan Ocean.
Shipbuilding and ocean shipping stocks have been following a similar pattern as in the market upturn of 2017.
The...
Samsung Heavy Wins A $206 M Order
Samsung Heavy Industries Co. wins a 230 billion-won ($206 million) order from an Oceanian company.
Under the deal, two 13,000 twenty-foot equivalent unit (TEU) container carriers will be delivered from the first half...
Guidelines for Floating Structures Issued
Ministry of Ports, Shipping and Waterways has issued the guidelines for floating structures with a vision to set up world-class floating infrastructure all along the coastline in the upcoming projects as per the provisions...
Covid 19 Vaccine Stopped, Less Effective Against New Strain
Drugmaker AstraZeneca is racing to adapt its Covid-19 vaccine in the face of new variants of the virus.
The process has become more urgent after the outcome of a small-scale study.
The study...