CMA CGM To Employ LNG-Powered Ships On The Transpacific

CMA CGM is to deploy six LNG-powered 15,000 teu ships on the transpacific, the largest gas-powered boxships to call in North America to date,...

Global Ocean Alliance Welcomes A New Member

Australia joins the Global Ocean Alliance where nearly 40 nations call for a global target to protect the world’s ocean by 2030, says an...

5.65 Billion Green Fund For Buying LNG Vessels

Tokyo-based Anchor Ship Partners will launch a roughly 600 billion yen ($5.65 billion) vehicle as early as this month to aid decarbonization efforts...

EU Parliament Adopts the Delli Report for Cleaner Maritime Transport

The Transport Committee of the European Parliament adopted the Delli Report on more efficient and cleaner maritime transport. It calls on the Commission,...

UECC Bunkered Over 6,000 MT of Biofuel in 12 Months

Its almost one year of continuous biofuel operation on Autosky. The company has the opportunity to reflect on what we have achieved with...

Crowley Merges Jensen Maritime with New Engineering Services Group

Crowley aims at complete depth and breadth of services to maritime clients seeking design-build-operate solutions. As a result, the company has now fully...

Freight Rates Spiked Over 38% in Trans-Atlantic Routes

Aframax trans-Atlantic freight spiked over 38% from Feb. 17. Close to 50 Aframaxes waiting for USGC discharge. Aframax business trickles into Suezmax segment. A...

$1.9 Trillion Coronavirus Relief Package Bill Passed in The US

  President Joe Biden scored his first legislative win as the House of Representatives passed his $1.9 trillion coronavirus relief package early Saturday. The...

Global LNG Demand To Reach 700 mt By 2040, Says Shell

Shell, in its latest LNG Outlook published on their website, says Global LNG trade increased to 360 million tonnes in 2020 despite the unprecedented...

ABS Publishes Guidance on Methanol As Marine Fuel

ABS has published guidance on Methanol fuelled vessels, evaluating the challenges in design and their operations, says an article published in ShipInsight. Guidance on Methanol...