Expectation for Building LPG-Propelled Ships
According to an article published in Business Korea, the Ministry of Oceans and Fisheries announced on Jan. 31 that it approved the Korean Register of Shipping’s vessel inspection regulations regarding LPG-propelled vessels, which means...
Shipping NGOs Cooperation Towards ‘Blue Growth’
Two non-governmental organisations active in the Cyprus maritime sector have agreed to cooperate for the ‘blue economy’, in innovation, education, training, engaging with society, ocean literacy and marine cultural heritage, says an article published...
President Confirms Release of Kidnapped Crew Members
Six Ukrainian seamen, previously taken hostage by pirates in Nigerian territorial waters, were released Saturday, according to a confirmation by Ukrainian President Vladimir Zelensky, says an article published in menafn.
What Happened ?
The president voiced...
Capacity Crunch Drives Breakbulk Revival
Container shipping’s capacity crunch has priced some agricultural and chemical commodities out of the market – in favour of breakbulk, says an article published in The Loadstar.
Estonia-based freight forwarder CF&S
And the de-containerisation trend could...
Hapag-Lloyd At The Top End of Its Revised Earnings Forecast
Hapag-Lloyd’s preliminary results for 2020, of an ebit of $1.5bn, are at the top end of its revised earnings forecast, says an article published in The Loadstar.
Effect of the Surge in Freight Rates
But the...
Kawasaki Heavy Industries Orders Battery-based Energy Storage System
Japan's Kawasaki Heavy Industries has ordered a Corvus Energy battery-based energy storage system (ESS).
The aim is to integrate it into the zero-emissions all-electric propulsion and electrical systems aboard the “e5 tanker” under...
Maritime Organizations Push Governments To Ensure The Safety Of Seafarers
The COVID-19 pandemic has trapped hundreds of thousands of seafarers aboard cargo ships, unable to get off or switch crews due to fears of spreading the infection, reports NPR.
The conversation as heard on the...
Wartsila’s Marine Businesses Heavily Hit, New Orders Declined
The impact of the Covid-19 pandemic and a slump in shipbuilding contracting resulted in Wartsila’s marine businesses.
As a result, there is a 23% decline in new orders in 2020 across the three...
High Alert in Singapore Strait Eastbound Lane Over Attacks
In a major development, Re CAAP ISC issued an Incident Alert (01/2021) on incidents against ships in the eastbound lane of Singapore Strait The incidents of armed robbery against ships continued to occur to...
Carriers Resort To Blank Sailings As Equipment Shortage Ends
According to a LoadStar report by Mike Wackett, ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year holiday next month.
It is a blow for beleaguered shippers that...