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Greater China
COSCO sets 2060 carbon neutral deadline
State-owned COSCO Shipping Holdings, which runs a vast ports empire around the globe as well as the world’s fourth largest…
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Environment
Ulstein debuts Thor, claiming it is shipping’s nuclear-powered silver bullet
One of Europe’s top ship designers has come out with its own designs for nuclear-powered ships. Norway’s Ulstein, which also…
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Europe
Russia shifts its commodities attention to Asia
Oil prices are increasing, and diesel becoming costlier, as Russia moves to cut off natural gas supplies to two neighbouring…
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Tankers
Saverys family ups stake in Euronav again
The battle for control of Europe’s largest tanker firm has seen the Saverys family get their stockbrokers to buy up…
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Containers
Hapag-Lloyd becomes first liner to equip all its containers with tracking devices
Hapag-Lloyd will equip its entire container fleet with real-time tracking devices. After successfully introducing real-time monitoring for its reefer container…
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Splash Extra
Flight sage
This editor’s comment comes to you from western Crete, a lovely spot I’ve reached via my first flight in two-and-a-half…
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Greater China
Port congestion grows as China’s capital braces for Shanghai syndrome
Familiar scenes of supermarket stampedes are emerging from the Chinese capital as mass testing gets underway in Beijing, the latest…
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Containers
Maersk ups full-year guidance while warning box volumes are dropping
Like 2021, A.P. Møller – Mærsk is being forced to revise upwards its full-year earnings guidance. Unlike last year, however,…
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Operations
TT Club hits out at ‘criminal’ shippers of lithium batteries
A leading transport insurer has hit out at the “regulatory mismatch” in the shipping of lithium batteries, classing some manufacturers…
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Tech
Wärtsilä’s new S.P.E.C.S camera system provides 360-degree ship view
Ship operations could become a whole lot easier with the launch this week of Wärtsilä’s Smart Panoramic Edge Camera System…
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Tech
Maritime’s investments in AI tipped to leap
In conjunction with launching a digital maritime readiness assessment tool yesterday, British class society Lloyd’s Register published a new maritime…
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Operations
BIMCO launches ship sale and purchase agreement
Global shipowning body BIMCO has produced its own ship sale and purchase agreement – SHIPSALE 22 – with the aim…
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Tankers
Tanker turnaround propels ClarkSea Index to new highs, now double the 10-year average
Shipping’s bountiful start to 2022 is reaping big profits across the main sectors for the first time in years. The…
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Europe
Gram Car Carriers investors launch new company with orders for up to eight new PCTCs
Investors in Gram Car Carriers (GCC) have formed a new company and ordered a series of ships in China. Global…
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Containers
MSC orders 20 boxships in Asia
In its latest weekly report, Clarkson Research Services carries news of a bumper set of orders in Asia by Mediterranean…
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Asia
Indonesia bans palm oil exports
Indonesia will ban all exports of palm oil and its raw materials from Thursday, president Joko Widodo announced Friday. Indonesia,…
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Finance and Insurance
Sanctions-hit Amsterdam Trade Bank declared bankrupt
Amsterdam Trade Bank (ATB), a subsidiary of Russia’s Alfa Bank, has been declared bankrupt, the Dutch central bank (DNB) said…
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Containers
Peter Grönwoldt tapped to help run Lidl’s new shipping line
Tailwind Shipping Lines, the new containerline created by the parent of German supermarket giant Lidl, continues to take shape. Peter…
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Americas
Biden bans Russian ships from calling at America ports
Eight weeks into the invasion of Ukraine President Joe Biden has finally decided to join Canada, the UK and the…
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Europe
Freight king to press baron? Rodolphe Saadé closes in on newspaper acquisition
Rodolphe Saadé will find out on May 9 whether or not he has become a press baron to add to…
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