Sailing into a Climate-Challenged Future
Wärtsilä asks: is shipping able to cope?2018 can be viewed as the year of pivotal climate action when the world started demanding change. The global warming debate intensified when the Intergovernmental Panel on Climate Change (IPCC) reported that surpassing the 1.5 degrees rise in global temperature carries huge risks for humans and nature alike. Global emissions need to be lowered dramatically and the maritime industry has a significant stake in making it happen.
Sanmar Begins Construction of New RASTAR
Canada's oldest privately owned consulting Naval Architectural firm Robert Allan Ltd (RAL) announced that Sanmar Shipyards in Turkey started the construction of…
Bunker One Expands to Freeport Bahamas
Bunker One (Gulf of Mexico) SA announced the newest addition to its Offshore US Gulf and Caribbean fleet, M/T Waltz.The physical supplier, that is now one of the largest suppliers in the Caribbean…
CC Industries Acquires Southern Towing
Chicago-based CC Industries acquired Southern Towing Company (STC) from Trive Capital and McCombs Partners. Founded in 1958, STC is one of the largest operators…
China Builds World's Largest Silent Research Vessel
The world's largest silent research vessel built by China was officially put into use, which will pave the way for the cultivation of innovative deep-sea talent…
Iran: 30% Growth at Chabahar Port
The unloading and loading operations of cargo in Shahid Beheshti and Shahid Kalantari ports of Chabahar have increased by 30% in the first two months of the year…
Chinese VP Visits Hamburg Terminal
China’s Vice President Wang Qishan visited the HHLA Container Terminal Tollerort (CTT) at the Port of Hamburg.Wang was greeted by the Chairwoman of the Executive…
Eco Tankers Sells MR Tanker
Eco Tankers has signed a memorandum of agreement for the sale of the MT High Sun, a 49,990 dwt MR product tanker vessel, built in 2014 by Hyundai MIPO, South Korea (Vinashin)…
EMGS Appoints Lindhom as CEO
Electromagnetic Geoservices (EMGS) has appointed Bjørn Petter Lindhom as the permanent CEO of the company.Lindhom assumed the position of interim CEO of the company on December 01…
SunStone Orders 7th Newbuild
Florida-based designer and developer of next-generation expedition ships SunStone Ships has signed an agreement for the construction of its seventh Infinity-class ship in Hong Kong…
Canada Makes First Propane Shipment
North American energy infrastructure company energy infrastructure company AltaGas celebrated the grand opening of its Ridley Island Propane Export Terminal (RIPET)…
Nordic Shipholding Sells Nordic Ruth
Danish Shipowner Nordic Shipholding entered a new sale and purchase memorandum of agreement to dispose Nordic Ruth vessel, which the company didn't manage to sell…
CargoX's Blockchain B/L Test Successful
The new dry bulk shipping company G2 Ocean and emerging markets specialists Manuchar have announced the successful trial of CargoX’s blockchain-based Smart Bill of Lading (B/L) Solution…
Oakland Port Gets Funding for Tech Program
The Alameda County Transportation Commission has received $12.45 million from the California Transportation Commission for the implementation of the Freight Intelligent…
VLCC Market Remains Strong in Q1: Hunter
The very large crude carriers (VLCC) market market was relatively strong in Q1, with VLCC earnings averaging USD 29,000/day an increase of close to USD 20,000/day versus Q1’18…
Kalmar Addresses Future of Cargo Handling
Kalmar, a global company providing cargo handling solutions and part of Cargotec, said that new ways of working together enable its customers to utilise the unique expertise of both parties…
Farewell to Carlo Margottini
European Union’s first naval operation Operation Atalanta, launched in 2008 to prevent and deter piracy at sea off the Horn of Africa and in the Indian Ocean, said…
IMO Training on Healthy Seas in SE Asia
Seven developing countries -Cambodia, Indonesia, Malaysia, Myanmar, Philippine, Thailand and Vietnam - in South-East Asia has received training to help implement…
Spot LNG Freight Rates Plummets in Q1: Flex LNG
During the first quarter 2019, spot LNG freight rates plummeted from the record levels seen in the previous quarter, said Flex LNG, the company controlled by billionaire…
Maersk, DB Schenker to Fight Ocean Pollution
Danish shipping conglomerate A.P. Møller – Maersk A/S and German logistics company DB Schenker have partnered to establish a CO2 target to reduce CO2 emissions…
