ESL Orders LNG-fueled Bulker following Transport Deal with SSAB
ESL Shipping Ltd and the steel company SSAB have signed a long-term frame agreement covering SSAB’s inbound raw material sea transports within the Baltic Sea and from the North Sea.
Opportunities for Shipping from Decarbonisation Through Windpower
As the interconnector of global trade shipping facilitates every other part of the economy, and decision making around low-carbon pathways in other transport modes…
Marintec China Indicates Growth
Marintec China exhibition has grown by 14% since its last edition to cover 80,000 sq m with over 2,000 exhibiting companies from 34 countries defying the talk…
MV Miner Cleanup Complete
The Cape Breton community is celebrating after the last scraps of a rusting shipwreck were finally hauled from the shores of Scatarie Island. Nova Scotia Lands has…
Shipping emissions 17% of global CO2
Shipping could be responsible for 17% of global CO2 emissions in 2050 if left unregulated, according to a new scientific study conducted by European Parliament Directorate…
Tankers Versus Bulkers
It’s now more than a year since the tanker market took off. In mid-2014 tanker earnings picked up and since then have been in the $30-$40,000/day range, says a Clarksons study.
Sustainable Shipping Initiative leans on shipping ahead of COP21
The Sustainable Shipping Initiative (SSI) is stepping up pressure on the shipping industry ahead of the COP21 Climate Change Conference in Paris, says The Chamber of Shipping of British Columbia.
Bunker Fuel Market Poised 460 million tons by 2020
Transparency Market Research launched its latest study on the global bunker fuel market, in terms of revenue and volume. The report predicts that the global bunker…
Euroseas Sells C/V Marinos
Euroseas Ltd. an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced…
Bill on Danish Maritime Planning Submitted
The bill is to form the basis of a maritime planning act intended to promote economic growth and development of sea areas. The Danish Maritime Authority is to head the work.
Plans to Create Rio Doce Fund
Vale and BHP Billiton announced today plans to work together, with Samarco, to establish a voluntary, non-profit fund to support the rescue and recuperation of the Rio Doce river system…
Seaspan Implements ECO Insight solution
Seaspan Ship Management Ltd. will implement the DNV GL fleet performance management solution ECO Insight to improve their fleet monitoring. ECO Insight will also…
New Appointments at Becker Marine Systems USA
Becker Marine Systems USA continues growth in North America. Becker Marine Systems, the leader in rudder technology and the inventor of the Becker Mewis Duct Energy…
Panama-Registered Ship Sinks off Vigan City
A Panamanian cargo vessel MV Fortune Life sank off the coast 130 nautical off Vigan City in Ilocos Sur, Philippine Coast Guard (PCG), uthorities said. The Coast…
Polish Cargo Ship SZAFIR Attacked off Nigeria
Pirates operating off the coast of Nigeria have taken hostage five Polish sailors, including the captain and officers, from the Polish general cargo ship Szafir.
IMO Assembly Elects New 40-Member Council
Category (a) 10 States with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway, Panama, Republic of Korea, Russian Federation…
DP World, SCA Pact for Ain Sokhna Port Development
Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport…
BIMCO Signs New LNG And Shipbuilding Supervision Contracts
The twice yearly meeting of BIMCO’s Documentary Committee took place in Hamburg on 19 November. In his first meeting as Chairperson of the Committee, Belgium’s Francis…
SCCT Prepares to Boost Vessel Traffic with 24-hour Access
A formal signing ceremony will now enable vessels to transit to Port Said East through a new side channel to be constructed bypassing the Suez Canal’s main entrance.
North Korea Submarine-Launch Missile a Flop Show
North Korea apparently failed to launch a ballistic missile from a submarine in a sign that Pyongyang has yet to master the technology, Yonhap news agency quoted a government official as saying.