Maersk Veteran Takes the Helm at MSC

Former Maersk chief operating officer Soren Toft takes his position as chief executive at MSC, reports The LoadStar. About his new role Mr Toft will report...

Vessel Detained Over Payment Disputes in Singapore

According to a Ship & Bunker report, a chemical tanker was held in the Southeast Asian port of Singapore.  Ship arrest The vessel Navig8 Ametrine, 37,596...

Booming Rates and Exports Causes Global Imbalance

China's exports recovered fast from the COVID-19 pandemic but delivering goods overseas has become difficult due to increasing shipping costs, reports CGTN. 1.6 trillion yuan...

Sailor Lost At Sea for 2 Days Speaks Out for the First Time

The sailor who was missing at sea for two days before being rescued clinging to the bow of his boat has spoken about his...

Wind To Re-disrupt The Global Shipping Industry

The next decade will see more innovation in ocean-bound technologies than possibly the past 100 years combined. Advances in low-cost private satellites, artificial intelligence, advanced...

Storm Wrecks Container Vessel, 1,900 Boxes Lost And Damaged

Some 40 containers of the estimated 1,900 boxes damaged or lost from ONE Apus containership earlier this week are believed to contain dangerous cargo,...

Delayed Supply Chain Operation in the UK, Realistic or Unrealistic!

Companies that are ready for Brexit are increasingly concerned by the lack of preparation across the wider supply chain, and the knock-on effect...

Wärtsilä’s New Compact Reliq Reliquefaction Plant for LNG Carriers

The technology group Wärtsilä’s recently introduced Compact Reliq reliquefaction plant will be installed in two new LNG Carrier vessels for Norway-based Knutsen OAS Shipping. ...

Container Shipping Has A Profitable Year Amidst COVID Challenges

There is money to be made by both carriers and tonnage providers as volumes defy usual seasonality and remain strong into the fourth quarter...

Novatek Arc7 Ice-class LNG carriers & Thermal-oil Heat Exchanger Systems

Novatek’s new Arc7 ice-class LNG carriers will require thermal-oil heat exchanger systems that can achieve a massive turnaround in -52C outside air. The...