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 and industries will both influence and constrain decarbonisation in shipping…
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 been overseeing the cleanup work removing the final remnants of the ill-fated MV Miner from Scatarie Island off Cape Breton…
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 fuel market is likely to reach an estimated volume of 460 million tons by 2020…
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. The ship was headed to the port of Onne in Nigeria from Antwerp, when the armed pirates struck…
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. Vice Admiral Mohab Mamish, the Head of the SCA, formally approved the construction of a new 9…
Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of 3 years is offered to owners of specific YANMAR marine engine models which will be used for private and personal pleasure use only…
Corvus Energy, the industry leader in advanced lithium ion energy storage systems (ESS) for maritime hybrid and fully electric propulsion systems is announcing new product and service offerings: 1) Turn-key Containerized ESS and 2) an Array of Services…
A number of fee rates within the Danish Maritime Authority's area will be changed from 2016. The price schedule is available from the webpage of the Danish Maritime Authority.The Danish Maritime Authority has recalculated the rates of the fees within the Authority's area…
The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption for Liner Shipping Agreements) Order (BEO) for another five years until 31 December 2020…
Taiwanese shipping company Evergreen is ordering ten 2,800 TEU container ships from Japanese shipbuilder Imabari Shipbuilding Co.,Ltd and compatriot CSBC Corporation. The deal between the companies is to buy 10 new 2800 TEU container vessels…
Despite challenging market environment with freight rates reaching historic lows in several key trades, ZIM Integrated Shipping Services continues to outperform the average adjusted EBIT margins in the Industry. ZIM Integrated Shipping…
China's Hong Kong Nicaragua Development (HKND) Co. said it is delaying the start of construction on a controversial $50 billion inter-ocean canal across Nicaragua until late 2016. HKND has obtained approval for environmental studies of the canal earlier this month…
The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea. The purpose of the agreement is to secure deliveries of raw materials…
There are various hazards associated with the trade in coal. UK P&I Club’s Loss Prevention Team highlights the risks involved, and advises on the relevant actions to take in order to reduce accidents. Self-heating incidents involving…
Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, launches a new service portfolio, Wärtsilä Genius services to help Wärtsilä's customers seize the opportunities from digitalisation.The three…