Svitzer announced the delivery of Svitzer Estelle, the second tug built as part of the company’s ongoing partnership with Uzmar Shipyards, based in Turkey.Svitzer Estelle is a Robert Allan Ltd. designed RAstar 3200W that will be deployed by Svitzer on the River Thames and the River Medway…
Vitol says it successfully completed its first biofuel deliveries in Fujairah.Through its wholly-owned bunker arm, Vitol Bunkers, two vessels received B24 VLSFO on December 8 and 14. The fuel was sourced from its Fujairah-based refinery FRL…
bound4blue and Louis Dreyfus Company (LDC) announced today a commercial agreement for the manufacture and installation of four eSAILs on LDC’s chartered juice vessel, MV Atlantic Orchard, in collaboration with Wisby Tankers AB, Sweden (Wisby Tankers)…
Maritime industry veteran Ian Hirt and senior rail executive Matt Service have joined Ports of Indiana to help develop new cargo and rail projects for the state of Indiana.Hirt will lead targeted cargo development efforts for Ports of Indiana…
Oil is flooding out of Texas in the final weeks of 2023, as traders find outlets abroad for record U.S. production and dodge a hefty year-end tax bill on their inventories.U.S. crude exports, nearly all of which leave from the U.S. Gulf coast…
Aker Arctic’s CEO Reko-Antti Suojanen announced he will leave his position in the company, while he and the Board of Aker Arctic have agreed that he will continue in his position as CEO until of January 31, 2024.Suojanen has benn CEO of Aker Arctic for 10 years…
A new IMO resolution will see the phase-out of foam firefighting systems that use fluorinated foams containing perfluoro-octane sulfonic acid (PFOS) as the foam-producing component. The new rules come into effect under a rolling programme beginning in 2026…
The Ministry of Transport of the Republic of Singapore (MOT) and the Ministry of Land, Infrastructure, Transport and Tourism of Japan (MLIT) have signed a memorandum of cooperation to establish the Singapore – Japan Green and Digital Shipping Corridor…
The steel cutting ceremony for the seventh and final vessel in the Infinity series of expedition cruise ships took place at the Haimen shipyard of China Merchants Heavy Industries (CMHI).The PC6 expedition cruise ship, yet to be named, will embark on a long-term charter upon its delivery…
Mitsui O.S.K. Lines, Ltd. has decided to issue “blue bonds” through a public offering in Japan’s domestic market in January 2024, reportedly the world’s first blue bonds in the shipping industry, which refer to the guidance provided by the International…
Emissions regulations continue to become more stringent for ports, pushing more port authorities and terminal operators away from diesel and gasoline and toward alternative energy sources like propane. Capable of powering essential port applications like yard tractors…
India's Adani Ports and Special Economic Zone APSE.NS is mulling a fundraise of up to 10 billion rupees ($120 million) from a domestic rupee bond sale, its first since 2021, two bankers aware of the discussions said on Thursday.The country's…
The Greater Houston Port Bureau Board of Directors announced Vincent DiCosimo, vice president of government affairs at Targa Resources, will assume the position of the chairman of the board on January 1, 2024. DiCosimo has served as first vice…
Clarksons Specialised Products signed a Memorandum of Understanding (MoU) with Hydrogenious LOHC Technologies, a German pioneer in Liquid Organic Hydrogen Carrier (LOHC) technology, to collaborate on a roadmap to establish a maritime supply…
“Congestion for ships loading grain cargoes at Brazilian ports has surged this year due to large harvests and low water levels in the Amazon River. Between January and November, the average waiting time reached 15 days, up from nine days average…