Wartsila-COSCO Tie Up To Strengthen Scrubbers Market in China

In a major development, the technology group Wärtsilä has announced that they have signed a Memorandum of Understanding (MoU) with COSCO Shipping Heavy Industry...

Maersk Supply Service Renews Fleet Xpress Contract

MSS has signed a three-year contract extension with Inmarsat for its new dedicated bandwidth service Fleet Xpress.  Advocates digital solutions to optimize vessel...

Baltic Index Breaks Its 16 Session Winning Streak

The Baltic Exchange’s main sea freight index took a break on Monday after rising for 16 straight sessions, as rates for capesize vessels fell...

MOL-JERA New LNG Carrier Named Sohshu Maru

Mitsui O.S.K. Lines, Ltd. (MOL) named the newbuilding LNG carrier Sohshu Maru ordered by Trans Pacific Shipping 8 Ltd., a joint venture between MOL...

Marine Scrubber Systems Market To Increase 20.4% CAGR by 2028

Marine Scrubbers have become the potential option in the post IMO 2020 world but their washwater are a concern. The washwater needs to...

Cosco PetroChina Shipping Lines Up Product Tanker Quartet

  According to an article published in Splash, Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping,...

Weekly Bulk Report – Week 27, 2019

The Baltic Briefing has released a report about the dry bulk market of the 26th week of shipping activities of this year. The report...

Fatal Fall from Chemical Oil Tanker Accommodation Ladder Platform

According to an investigation report published by the UK Government's Marine Accident Investigation Branch, MAIB, a crew member fell between the Luxembourg-flagged vessel and...

Maersk Blockchain Platform Grows With Hapag-Lloyd and ONE Addition

In a major development, Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd announced that they will join the blockchain-enabled digital shipping platform, TradeLens...

Mega-Ship Shopping; Apple’s Core Conflicts; Oiling the Waters

Taiwan’s Yang Ming Marine Transport Corp. and China’s Cosco Shipping Holdings Co. are looking for new vessels to meet 2020 sulfur emissions. Apple...