CMA CGM Set To Close Its Transpacific SEA-X Service

CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion at Los Angeles port impacted delivery guarantees,...

HMM’s First Extra Loader in Korea-Europe Route

On Jan 27, HMM announced that it will deploy its first extra loader on the Korea-Europe route on Jan 31 to help Korean companies...

KDB Planning To Sell HMM To POSCO

The largest shareholder of HMM, Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine) to POSCO, to...

Method To Detect Unmanned Underwater Vehicles Developed

Researchers at Draper, MIT have developed a passive acoustic remote sensing method for unmanned underwater vehicles, says an article published in Yahoo Finance. Acoustic Signature...

Restricted Availability Hampering Methanol Bunkering Uptake

Recently Platts spoke with Stuart McCall from Methanex about the prospect of methanol as a bunker fuel. Today we are going to take a...

Bursting the Myths of Biofuels

With efforts to save the planet from global warming and recognition of the need to protect the environment, many countries and the UN have...

Here Comes The Next Generation Superyacht

The 85-foot superyacht, known as the Drakkar S, will make sailing in luxury a whole lot easier, says an article published in Tatler. Futuristic Superyacht...

Taiwan’s Wan Hai Orders 12 Boxships at Nihon Shipyard

Taiwanese shipping line Wan Hai Lines has announced a plan to order twelve 3,013 teu boxships at the newly founded Nihon Shipyard. About The Ship The...

BIMCO Adopts New Time Charter for Accommodation Support Vessels

BIMCO has published a new standard time charter party for accommodation support vessels (ASVTIME), reads the club's press release. Contract to meet oil and gas...

Cosmoship Orders Boxship Quartet

Cosmoship orders up to four boxships at Huangpu Wenchong, says an article published Seatrade Maritime News. About the deal The deal, jointly signed by CSSC Huangpu...