Hapag Lloyd Recoils From Result Specification Owing To Covid Uncertainty

German container shipper Hapag-Lloyd said it almost tripled its net result in 2020 due to lower costs and higher freight rates, but shied away...

Tsakos Set To Join Cargill-Maersk Tankers Pool Placing 3 MRs

Tsakos Group to join the Cargill-Maersk Tankers joint MR pool this month, entering three vessels, tweets Maersk. Vessels entering the pool Greek owner Tsakos Group joins...

Naval Frigate Dispatched To Combat Piracy in GoG

The Danish frigate is to be deployed in the Gulf of Guinea to fight piracy. The vessel will have the mandate needed to...

Analysts Predict A Booming Global Economy in 2021

The global economy will accelerate in 2021, though with significant variation around the world, writes Bill Conerly for Forbes. Rebounds in goods trade The world will...

Siemens Launches New Cloud-based Solution To Increase Freight Efficiency

Siemens new Cloud-based solution enables energy consumption to be monitored at several key sites. It’s the latest example of how services connected to...

MOL Ventures Into Liquefied CO2 Business With Their New Investment

Mitsui O.S.K. Lines Ltd., in their press release, has announced their investment in Norway-based Larvik Shipping AS, a ship management company for liquefied CO2...

Seafarers In Crew Change Crisis Due To New Covid Variants Rise In Concern

Shipping is concerned that the numbers of seafarers being impacted by the crew change crisis are on the rise due to travel restrictions imposed...

Scrubber-fitted Ships Doubled After IMO 2020 Launch

According to BIMCO data, the number of scrubber-fitted ships has nearly doubled from 2,011 ships to 3,935, says an article published in Offshore Energy. Scrubber-fitted...

MAN Energy Demonstrates World’s First ME-GA Engine

Low-pressure addition to MAN B&W dual-fuel portfolio unveiled in Copenhagen New engine an Otto-cycle variant of the successful ME-GI engine. The latest milestone...

Container Collapse Can Cause PTSD for Seafarers, Warns CSSS

Container Shipping Supporting Seafarers (CSSS) urges that container stack collapse  can cause physical and psychological impact on the seafarers, says an article published in...