Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…
The first vessel has sailed from the Mississippi River with a draft of 47.7 feet following the newly increased draft at 48 feet.The M/V CSSC Le Havre, operated by Cargill International with a cargo from Alliance Coal, LLC, is destined for the Far East and loaded over 112…
Dutch dredging, marine and offshore services company Van Oord said it has signed partnership agreements with LexX and Heliorec, two start-ups scouted through the innovation platform PortXL. The signing ceremony took place during the shakedown…
NYK signed a multi-year time-charter contract with GAIL (India) Limited, India's largest natural gas company, for a liquefied natural gas (LNG) carrier. Grace Emilia, the vessel that will be chartered, is equipped with a WinGD-made dual-fuel slow-speed X-DF diesel engine…
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has taken its first order for LNG (Liquefied Natural Gas) fuel supply systems (FGSS) for high-pressure dual-fuel marine engines, for installation on six LNG…
Mitsui O.S.K. Lines, Ltd. announced that its Propeller Boss Cap Fins (PBCF), sold by its group company MOL Techno-Trade, Ltd. was certified as the “Best-selling Energy-Saving Ship Appendage Brand (Cumulative)”, by Guinness World Records, and received the official certificate on December 23…
A new innovative device has been engineered to improve docking safety.Designed to be installed on quay walls, the Dynamic Protective Barrier features a novel mechanism to dissipate energy for short duration impact caused by docking vessels.Matthew Czerniatewicz…
More than $241 million in discretionary grant funding has been awarded for projects to improve U.S. port facilities, U.S. Department of Transportation Secretary Pete Buttigieg announced on Thursday.The grants, which will go to 25 projects in…
Japan-based classification society ClassNK announced the release of its PrimeShip-PSC Intelligence mobile app designed to assist the improvement of ship management system and port state control (PSC) performance. The application is the mobile…
Last year I provided a list of my favorite historical ships as my contribution to the Great Ships issue. Even though I received some pushback on the list, I see no need to amend it.I created that list to avoid having to judge today’s Great Ships…
Members of 'The Greatest Generation' honored for Valiant U.S. Military Service by the Long Island Council of the U.S. Navy LeagueThe Long Island Council of the Navy League of the United States earlier this year held a World War II Veterans Recognition Event in conjunction with Veteran’s Day…
A blockade of Sudan's main Red Sea port by a local tribal group and threats of more disruptions have hurt efforts to lift the country out of economic crisis and could push trade flows to another regional route, officials and shipping executives say…
On December 10, 2021, NYK Shipmanagement Pte. Ltd. appointed Indonesia seafarer Tabah Supriyanto as the first Indonesian chief engineer of an NYK LNG carrier.Chief engineer Supriyanto has been a member of the NYK Group since 2008 and served on LNG carriers and becoming an experienced engineer…
With a rapid evolution of communication connectitivity need, Inmarsat launched I-6 F1, the first of seven new Inmarsat satellites to be launched by 2024, a key piece of the satcom giant's platform to deliver enhanced ELERA (L-band) and Global Xpress (Ka-band) for Indo-Pacific…
To further its commitment to decarbonize operations at the Port of Hueneme, the Oxnard Harbor District voted on December 20 to approve a Memorandum of Understanding (MOU) to provide stevedores with the ability to utilize the district’s existing two new electric terminal tractors (eUTR)…