Operations
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Italian shipowners seek Rome’s help in coronavirus fight
Shipowners from Italy, the European nation hardest hit by coronavirus, are in dialogue with the government in Rome, seeking help…
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Divers discover significant damage near the bow of grounded Polaris VLOC
The latest update from the Brazilian navy shows there’s significant damage near the bow of the , a fully laden…
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Scope 3: Addressing transport’s gaping lack of GHG transparency
Melbourne-based startup Scope 3 is at the forefront of the transport carbon footprint debate, developing solutions to help companies measure,…
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Shipping accused of being worse than Big Tobacco when it comes to human rights and sustainability
Shipping stands accused today of being worse than Big Tobacco when it comes to human rights and sustainability. It is…
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Lotte Chemical plant explosion at Daesan Port injures over 30
A major explosion injured at least 31 people at Lotte Chemical’s plant at Daesan Port in South Korea early this morning.…
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Maersk doubles down on Panama Canal freshwater surcharge
Maersk risks irking the shipper community by doubling down on Panama Canal tariffs. In the wake of the canal authority’s…
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Polaris VLOC salvage progresses
Polaris Shipping, the Korean owner of the grounded, fully laden VLOC off Brazil, reports that the oil sheen seen around…
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South Korea offers financial aid to maritime sector hit by coronavirus
South Korea’s Ministry of Oceans and Fisheries has decided to roll out financial measures to support domestic shipping firms as…
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China Shipbuilding Group raising $716m for epidemic control
China Shipbuilding Group, the shipbuilding conglomerate merged by CSSC and CSIC, has issued RMB5bn ($716m) worth of short-term bonds with…
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Salvors ready plans for grounded Polaris VLOC off Brazil
Salvage tugs are in place trying to keep the grounded very large ore carrier (VLOC from rocking too much in…
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Fuel carriage ban comes into effect
Port state control authorities began to enforce the International Maritime Organization’s (IMO) fuel carriage ban yesterday, whereby ships without a…
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New study makes the case for hydrogen-powered boxships on the transpacific by 2030
Regular hydrogen-powered containership services on the transpacific could be a common sight by 2030, a new report from Washington-based non-profit,…
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UK pursues car carrier cartel investigation
The UK is set to pursue its own investigation into car carrier cartel behaviour, following on from other similar enquiries…
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Shenzhen offers $58.6m worth of coronavirus subsidies
Shenzhen Municipal Transport Bureau has offered total subsidies of RMB410m ($58.6m) to support the local shipping industry get through challenges…
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DNV GL launches energy transition startup fund
Norwegian classification society DNV GL has launched a venture fund in response to the challenges of energy transition and the…
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Augustea and Fagioli team up to create AF Marine
The Zagari-controlled Augustea Malta Holding has joined forces with the Italian project cargo and heavy lift handling specialist Fagioli in…
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Dark patches around grounded Polaris VLOC spark fears of bunker spill
Aerial images recorded by the Brazilian Navy yesterday show a series of dark spots around the , a fully laden…
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SM Line cuts executive salaries by 10 percent citing coronavirus outbreak
South Korean shipping firm SM Line has announced that it will cut the salaries of company executives by 10 percent…
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Coronavirus spurs China Shipowners Association to seek lifting of the sulphur cap
The China Shipowners Association (CSA) has called for a suspension of the International Maritime Organization’s (IMO) global sulphur cap in…
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France, Portugal, Spain and Gibraltar latest to impose restrictions on the use of open-loop scrubbers
Restrictions on the use of open-loop scrubbers are spreading across Europe with the Standard Club reporting France, Spain, Portugal and…
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