The world’s first Digital Smart Ship (DSS)On October 28, 2020, NYK took delivery of Sakura Leader, a pure car and truck carrier (PCTC) capable of navigating oceans with only LNG as the ship’s main fuel. This delivery marks a step toward achieving NYK’s environment management target, which is to reduce CO2 emissions per ton-kilometer of transport by 50% by 2050. The vessel was built at the Shin Kurushima Dockyard of Shin Kurushima Toyohashi Shipbuilding Co…
Friday & Co. Shipbrokers completed a chartering deal between Boskalis and a Chinese charterer to transport the car carrier Floor (formerly Fremantle Highway) from the Netherlands to China. The project entails transporting the vessel — damaged…
The Unified Command consisting of the U.S. Coast Guard, Port Authority of New York and New Jersey, Newark Fire Department, and Gallagher Marine Systems has successfully concluded shipboard fire response operations at Port Newark and is transitioning to the investigation and salvage operations…
COVID-19 has hit the vehicle carrier market hard. The world vehicle demand has dropped by c.35%. Consequently, shipping these vehicles has fallen considerably.The only order to take place earlier this year is one from NYK line for a large LCTC for $95 million…
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has ordered two liquefied natural gas (LNG) carriers with with Hudong-Zhonghua Shipbuilding backed by long-term contracts with Malaysia's energy giant Petronas.The 12-year contract to charter them to Petronas starts in 2022…
The container logistics company A.P. Moller - Maersk has embarked on a journey that covers the end-to-end logistics of first-ever Sri Lankan made electric supercar Vega EVX that will be unveiled at the Geneva Motor Show 2020 later this year in March…
As car carrier shipping is expected to continue its slow recovery, backed by better utilization and minimal vessel ordering, costs are increasing while the trade outlook seems vulnerable to emerging geopolitical risk. Slow car carrier recovery…
Nowegean provider of Ro/Ro (Roll On/Roll Off) deep sea transportation services Höegh Autoliners announce an increased frequency in its service to Australia. Starting in November, the company will offer five sailing per month to Australia from Europe…
NYK has become the first Japanese shipping company to realize a carbon-neutral voyage by offsetting 5,000 tons of carbon dioxide (CO2), equivalent to the CO2 emitted by NYK’s environmental flagship car carrier Aries Leader during one voyage between Japan and the Middle East…
Toyota Maru No.10, which was owned and operated by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), has been selected by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) through their “Ship Heritage” project in recognition of it having been Japan's first Pure Car Carrier (PCC)…
Norwegian shipping company Höegh Autoliners AS is now preparing its fleet for the change in fuel, having chosen Very Low Sulphur Fuel Oil (VLSFO) and Low Sulphur Marine Gas Oil (LSMGO) for complying with IMO 2020.In the Bunker department, new…
The largest U.S.-flagged roll-on roll-off (Ro-Ro) carrier American Roll-on Roll-off Carrier (ARC) said that its M/V Patriot loaded equipment for the Army’s 4th Combat Aviation Brigade (CAB) at the port of Thessaloniki.M/V Patriot moved a mix of helicopters…
Kia Motors Manufacturing Georgia has announced the Telluride, its new eight-passenger SUV, will be shipped to the Port of Brunswick for global markets this month.“The launch of the Kia Telluride, our largest and most refined SUV to date, will be a monumental achievement for KMMG…
The European Commission has approved the creation of a joint venture by Swedish Stena Rederi, part of Stena AB, and German Glovis Europe, which is controlled by South Korean Hyundai Glovis.Earlier, the companies have filed a merger application…
Hamburg-based Becker Marine Systems is now taking another step forward – wind operated vessels.'We will see different hybrid systems on board vessels in the future. There will be ships and services where sailing provides a real option for supporting propulsion…
