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Environment
Solvang presses ahead with landmark CCS retrofit
Singaporean yard giant Seatrium has secured the world’s first full-scale, turnkey carbon capture and storage (CCS) retrofit from Norway’s Solvang.…
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Dry Cargo
James Chao returns to Foremost following death of his daughter
James Chao, 96, is stepping back into the role of Foremost Group chairman following the death of his daughter on…
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Environment
Liners deliver a green fuel price gap proposal to the IMO
Liner shipping, via its lobby group the World Shipping Council (WSC), has unveiled what it terms as a Green Balance…
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Americas
Mystery behind Tobago spill partially resolved
The mystery behind last week’s big oil spill off Tobago has been partially resolved. Analysis by Bellingcat, a Netherlands-based investigative…
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Operations
Ancient Turkish ship sinks in Sea of Marmara
A 53-year-old Turkish general cargo ship sank in stormy seas this morning in the Sea of Marmara off Bursa Karacabey.…
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Finance and Insurance
Volatility in shipping hits extreme levels
An industry known for its volatility has entered a new period of extreme swings in earnings. New research carried out…
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Gas
Top names in shipbuilding, energy and shipowning join forces to develop liquefied hydrogen carriers
The nascent seaborne liquefied hydrogen trades have received a big boost with Japan’s largest shipowner teaming with South Korea’s largest…
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Containers
Turkey’s Arkas Line enters US market
Turkish shipping company Arkas Line is expanding into the US market, connecting major Mediterranean, Black Sea, and African ports with…
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Regulatory
Manila readies to charge shipowner over tanker sinking
The Department of Justice (DOJ) in Manila is finally getting around to press charges against the shipping company RDC Reield…
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Containers
MSC trials bow windshield
The world’s largest containerline has become the latest shipping line to trial out bow windshields in a bid to slash…
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Europe
MSC to take over Wärtsilä plant in Trieste
Cash-rich Gianluigi Aponte has come to the rescue of a factory plant in Trieste faced with closure. Finnish marine technology…
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Environment
National emergency in Tobago as mystery ship spews oil
Vessel trackers have been unable to identify the name of a ship which capsized six days ago, creating a national…
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Middle East
Bulk carrier struck by Houthi missile
A 20-year-old panamax bulk carrier belonging to NASDAQ-listed Star Bulk became the latest Houthi target today. The was shot at…
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Tankers
India forecast to lead oil demand growth this decade
India will surpass China as the largest source of oil demand growth in the world this decade, according to a…
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Containers
Series of ammonia-powered boxships under negotiation with selected yards
A contract for a series of ammonia-powered containerships is in the offing. MB Shipbrokers, formerly known as Maersk Broker, is…
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Tankers
Washington unveils further sanctions against Russian-linked tanker operators
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took its second price cap enforcement action of…
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Containers
CMA CGM faces Polynesian hurdle in its pursuit of Bolloré Logistics
French liner CMA CGM has fallen foul of competition authorities in Polynesia in its bid to take over Bolloré Logistics.…
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Environment
Norsepower seals largest wind-assist contract to date
French shipowner Louis Dreyfus Armateurs (LDA) will install Norsepower Rotor Sails on a new low-emission roro fleet to be chartered…
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Tech
British carbon capture device in successful pilot
British carbon capture specialist Seabound has completed its maiden voyage, capturing 78% of a containership’s carbon emissions and more than…
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Operations
Swiss Re report captures the extent of global shipping disruption
Insurer Swiss Re has come up with a chart to highlight the dramatic changes to the world seaborne map in…
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