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World’s First Methanol-fueled Containership Bunkers in Korea

Jul 18, 2023

Maersk's first-of-its-kind methanol dual-fuel containership made history on July 16 when it became the first to bunker methanol.The newly built vessel bunkered 1,000 metric tonnes of the cleaner burning fuel at Odfjell Terminals Korea in Ulsan  before embarking on its 21,500-kilometer maiden voyage toward Copenhagen, where she will be officially named in September.“This journey is an important step in our efforts to reach net zero greenhouse gas emissions by 2040…

Suez Blockage May Lead to Large Reinsurance Claims, Broker Says

Apr 01, 2021

The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re International, told Reuters.Formal investigations began…

Logistics News

Corrina Ott Named Vice President of the Greater Houston Port Bureau

Corrina Ott Named Vice President of the Greater Houston Port Bureau

Green Tech: Rise of the [Hull Clening] Robots

Green Tech: Rise of the [Hull Clening] Robots

LEO Satellite Networks: Supporting Maritime Safety, Efficiency and Innovation

LEO Satellite Networks: Supporting Maritime Safety, Efficiency and Innovation

Tech Talk: Time to Rethink Watchkeeping

Tech Talk: Time to Rethink Watchkeeping

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Chicago jet fuel reaches $5 per gallon as refiner repairs add to the war-related surge in price
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.
US Transportation Secretary sees space for airline mergers