Mitsui O.S.K. Lines, Ltd. announced the March 29 launch of commercial operation by the floating storage and regasification unit (FSRU) Jawa Satu (Note 1) for the Jawa 1 LNG-fired power plant in Indonesia. MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly...

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Eagle Bulk Shipping Inc. today announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and Plan of Merger, dated December 11, 2023 (the “Merger Agreement”), entered into by and among Star Bulk...

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Shipping companies face a costly dilemma in the Red Sea. Houthi attacks mean vessels passing through the Suez Canal risk being hit with ballistic missiles. The alternative is to go around the Cape of Good Hope, adding more than 8,000 nautical miles to the journey. The...

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AtoB@C Shipping has today 5 April taken delivery of Stellamar, the second in the series of twelve plug-in hybrid general cargo vessels. Stellamar is a state-of-the-art vessel that can reduce CO2 emissions by up to 50% compared to the present generation of vessels,...

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Maritime Minister, Lord Davies, is in Wales today (5 April 2024) to kickstart the bidding process for the £1.5 million funding aimed at establishing zero emission shipping routes to and from the UK. This pot aims to develop cleaner journeys for passengers and freight,...

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