News Flash

World’s 1st Methanol-Fuelled Towboat To Hit Waters In 2023

World’s 1st Methanol-Fuelled Towboat To Hit Waters In 2023

The US-based Maritime Partners has revealed that the M/V Hydrogen One, the world’s first methanol-fuelled towboat, will join its fleet...
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Bestway Inks Contract For Up To Eight Vessels With German Owner

Bestway Inks Contract For Up To Eight Vessels With German Owner

Bestway Marine and Energy Technology has signed four plus four multi-purpose bulk vessel newbuild contract with Schiffahrtskontor tom Worden GmbH...
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Wilson Sons Sets Record For Ship-To-Ship LNG Operations

Wilson Sons Sets Record For Ship-To-Ship LNG Operations

During the last 10 months, Wilson Sons has registered a record of LNG ship-to-ship operations (STS). Wilson Sons towage unit...
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First Berths At Singapore’s Tuas Port To Be Operational By Year End

First Berths At Singapore’s Tuas Port To Be Operational By Year End

Singapore has completed reclamation works for the first phase it’s new mega-container port – Tuas Port with the first two...
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CMA CGM Implements Incentive Program To Ease Congestion At The Ports Of Los Angeles And Long Beach

CMA CGM Implements Incentive Program To Ease Congestion At The Ports Of Los Angeles And Long Beach

The CMA CGM Group, a world leader in shipping and logistics, will implement an Early Container Pickup Incentive Program at...
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US Hydrogen Fuel Cell Powered Ferry Completes First Fueling

US Hydrogen Fuel Cell Powered Ferry Completes First Fueling

In the race to develop and operate hydrogen fuel cells for commercial vessels, the U.S. effort known as the Sea Change,...
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ICS Urges WTO Director General To Prioritise Maritime Transport In Multilateral Trade Negotiations

ICS Urges WTO Director General To Prioritise Maritime Transport In Multilateral Trade Negotiations

The International Chamber of Shipping (ICS) has called for maritime transport to be prioritised in multilateral trade negotiations ahead of...
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Wallenius Wilhelmsen Elects New CEO

Wallenius Wilhelmsen Elects New CEO

Oslo-headquartered shipping company Wallenius Wilhelmsen has named Lasse Kristoffersen as the new chief executive officer (CEO). According to the company,...
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New Hydrogen Fuel Project To Bypass Shoreside Infrastructure

New Hydrogen Fuel Project To Bypass Shoreside Infrastructure

Wärtsilä and partners including ABB, RINA, Helbio, the Liberian Registry, and an unidentified energy major, have embarked on a project...
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SHI And Microsoft Join Forces For Shipyard Digitalisation

SHI And Microsoft Join Forces For Shipyard Digitalisation

South Korean shipbuilder Samsung Heavy Industries (SHI) has formed a strategic partnership with the compatriot software company Microsoft Korea to digitalise its shipyards....
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Asda Charters Containership To Beat Christmas Supply Chain Crunch

Asda Charters Containership To Beat Christmas Supply Chain Crunch

Supermarket chain Asda in the UK is the latest retailer to turn to chartering its own containership to ensure shelves...
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Wärtsilä Partners With China Classification Society And Tianjin Port Group To Advance China’s Intelligent Vessel Standards And Next-Gen Tug Technology

Wärtsilä Partners With China Classification Society And Tianjin Port Group To Advance China’s Intelligent Vessel Standards And Next-Gen Tug Technology

The intelligent marine technology company, Wärtsilä Voyage, has signed an MoU with the China Classification Society (CCS) and Tianjin Port...
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Ports Of LA And Long Beach Delay Container Dwell Fee For Third Week

Ports Of LA And Long Beach Delay Container Dwell Fee For Third Week

The Ports of Los Angeles and Long Beach have postponed the introduction of a container dwell fee for the third...
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Bankrupt Tianjin Xingang Heavy Industry Reborn As CSSC (Tianjin) Shipbuilding

Bankrupt Tianjin Xingang Heavy Industry Reborn As CSSC (Tianjin) Shipbuilding

Debt-laden Tianjin Xingang Heavy Industry has been restructured as CSSC (Tianjin) Shipbuilding following a takeover by Dalian Shipbuilding Industry Co...
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IMO MEPC77 Fails To Revise Current GHG Target For 2050

IMO MEPC77 Fails To Revise Current GHG Target For 2050

The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of...
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Rizhao Port And Rio Tinto Strengthen Cooperation

Rizhao Port And Rio Tinto Strengthen Cooperation

Rizhao Port inked cooperation framework agreement with miner Rio Tinto to expand iron ore and supply chain services. The two...
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Greek PM Wants Country To Be Leader In Shipping Decarbonisation

Greek PM Wants Country To Be Leader In Shipping Decarbonisation

Greek Prime Minister Kyriakos Mitsotakis said Greece is determined to become a global leader in the decarbonisation of the shipping...
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PIL To Repay Full $1 Billion In Restructuring Debts Ahead Of Schedule

PIL To Repay Full $1 Billion In Restructuring Debts Ahead Of Schedule

The booming container shipping market came too late save Pacific International Lines (PIL) from restructuring, but is enabling repay scheme...
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Powered By Shipping Boom, Mitsui O.S.K. Pours Cash Into Green Fuel

Powered By Shipping Boom, Mitsui O.S.K. Pours Cash Into Green Fuel

Japanese maritime shipping company Mitsui O.S.K. Lines will double investment in decarbonization efforts to the order of 400 billion yen...
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South Korea Proceeding With Privatization Of HMM In 2022

South Korea Proceeding With Privatization Of HMM In 2022

The South Korean government confirmed that it is proceeding with a plan to return ownership of HMM, Korea’s large shipping...
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