Operations
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Wärtsilä sets dates to be selling ammonia and hydrogen engines
Wärtsilä, one of the world’s two largest ship engine manufacturers, is getting closer to offering clients ammonia and hydrogen engine…
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Durban and Richards Bay ports suffer major disruption over violence
Operations at South Africa’s major ports, Durban and Richards Bay, and a freight rail line connecting Durban with the Gauteng…
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Developing nations suffer from extreme freight rates
Developing world countries and their small and medium-sized enterprises (SMEs) are taking a huge blow from the current situation in…
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Breakbulk and heavylift charter rates hit all-time highs
Charter hire rates for multipurpose and heavylift vessels have surpassed the highs registered in 2008 to create new all-time records,…
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Piracy and armed robbery incidents at lowest level in 27 years
The latest global piracy report from the ICC International Maritime Bureau (IMB), covering the first half of 2021, reported 68…
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X-Press Feeders makes initial $3.6m payment over Sri Lankan sinking
X-Press Feeders, operators of the burnt containership , through the vessel owner’s P&I insurers, have made an initial payment of…
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Japan’s NS United takes the lead in Scope 3 emissions reporting
A few years from now Scope 3 emissions reporting will be the norm for all shipping companies, required by both…
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Longchamp commits to greener transatlantic shipping with Neoline
French luxury leather goods company Longchamp has signed up for compatriot Neoline’s new sail-powered vessels to reduce emissions on its…
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FIS debuts emissions derivatives offering
Freight Investor Services (FIS), the freight and bulk commodity derivatives broker, has announced that it is opening a new office…
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Steering failure likely cause of Malaysian ship collision
A steering system failure is suspected to be the cause of a collision between a panamax bulk carrier and a…
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More than 80 people flown ashore after Covid outbreak on North Sea platform
Supermajor Shell has had to evacuate more than 80 workers from its Shearwater platform in the UK North Sea following…
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Togo jails pirates for first time
Nine pirates who attempted to hijack a ship in Togolese waters in May 2019 have been sentenced to prison terms…
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Parana River dredging plan meets with opposition from grain exporters
The government of Argentina decided this month to subcontract the dredging of the Parana River – whose dropping water level…
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Ever Given weighs anchor and heads towards Europe
A ceremony was held in Egypt to mark an agreement on compensation for the fiasco, with the giant boxship now…
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Is orbit envy the new battle of the bands?
Increased choice is coming to maritime communications with benefits to shipowners; digitalisation demands options writes Tore Morten Olsen, Marlink. Many…
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Marlow Navigation snaps up German offshore vessel player Opielok
Marlow Navigation of Cyprus has reached an agreement to take over Hamburg-based ship management company Opielok Offshore Carriers in a…
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Ship GHG rating tool launches
Online benchmarking and comparison platform Vesselindex has introduced GHG ratings in order to bring what it claims will be more…
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Record 8% of all ships predicted to change hands this year
As much as 8% of the global fleet will change hands this year in what is turning out to be…
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Less than one in two ships comply with the annual efficiency ratio created by the Poseidon Principles
UK consultants Maritime Strategies International (MSI) has added annual efficiency ratio (AER) calculations used in the Poseidon Principles to its…
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Israel probes possible missile attack on former Zodiac Maritime boxship
A fire broke out on Saturday aboard a containership formerly owned by Eyal Ofer’s Zodiac Maritime as it sailed in…
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