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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

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

Ports of Indiana Handles First Aluminum Shipment

Ports of Indiana Handles First Aluminum Shipment

Iran War Hits Natural Gas Harder than Oil

Iran War Hits Natural Gas Harder than Oil

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

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