Shippers Splurge $47b for LNG Carrier Newbuilds in 18 Months
Spending on new LNG carriers since the beginning of 2022 represents 27% of total newbuilding investment and more than any other sector including containerships,...
Wuhu Shipyard Bags Order for 6,600 dwt Methanol Dual-fuel Ship Quartet
Wuhu Shipyard has signed four 6,600 dwt methanol dual-fuel ship construction contracts with foreign customers, reports Xinde Marine News.
This series of ships is an...
Shipping Industry Likely To Sustain Performance in FY24
The domestic shipping industry is projected to sustain its performance in the current fiscal, albeit with some moderation in operating margins, CareEdge Ratings said in its...
The Second Stage Of MEGURI2040 Fully Autonomous Ship Project
MTI will participate in the Joint Technological Development Program for the Demonstration of Fully Autonomous Ships under the MEGURI 2040 Fully Autonomous Ship Project...
Get Ready to Master Fire Safety for the PSC CIC
This year’s concentrated inspection campaign by port state control starts on 1 September 2023 and focuses on fire safety, both from a technical and...
Why Do Ships Break From The Middle?
The biggest shipping loss to date occurred in the form of MOL Comfort in 2013.The MOL Comfort was caught in bad weather 200 miles...
1st Bunkering Completed by LNG Bunker Barge at Port Of Canaveral
The Clean Canaveral liquefied natural gas (LNG) bunker barge has completed its first barge-to-ship bunkering of a cargo vessel at Port Canaveral.
JAX LNG, along with Polaris...
AI Revolutionizes Shipboard Security!
The anticipated explosion of artificial intelligence (AI) technologies on board ships will keep crews safer and reduce risks to cargo and machinery.
AI-Powered Safety at...
Ship Fuel Spreads And LNG Prices Fall To Lowest Levels in Years
Fuel is one of the biggest costs in ocean shipping, and fuel pricing has seen some big changes in recent months, featuring new dynamics...
Global Ship Lease: The 8.7% Preferred Dividend Is Well-Covered
Global Ship Lease is still benefiting from the historical tailwinds in the container shipping sector.
The preferred dividends are very well covered.
There...