The Baltic Exchange launched a new service for shipping investors, designed to provide a five-year snapshot view of the financial prospects of dry bulk carriers.The Baltic Exchange Investor Indices are designed to be an easy-to-use online dashboard…
Due to a confluence of factors, COVID-19 has adversely impacted merchant mariners more than virtually any other profession. The merchant marine is an international profession from a wide variety of countries, so there is no one nation standing up to represent them…
In 2018, Havyard Design & Solutions won a contract for the delivery of two ship designs to Royal Arctic Line A/S. Reefer vessel design was a new segment for Havyard and the first of the two ships, ‘Siuana Arctica’, has now been delivered from the Astilleros Zamakona yard in Spain…
Sperry Marine and DNV GL signed a strategic agreement to enable vessels to securely share their navigation data for use in DNV GL's digital classification services and obtain real-time class status of the navigation systems.The agreement seeks…
Mitsubishi Shipbuilding Participating in 'Planning and Design Center for Greener Ships' focussed on R&D toward Achieving Decarbonized Shipping, and on December 10, 2020, a presentation was held in Yokohama to announce the establishment of the Center…
Two topics – ballast water management systems and digitalization – have dominated the maritime industry this century. Alfa Laval helps meld the two, and MPC Container Ships ASA (MPCC) lead the way. The Oslo-listed company owns and operates 65 container vessels…
China's world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders…
In a joint plea to Congressional leadership and Treasury Secretary Steven Munchin this week a host of maritime transportation entities asked that $3.5 billion in COVID-19 relief funding be made available for the U.S. maritime transportation sector…
The proliferation of serious fires onboard container ships in recent years has shocked the shipping industry. Here we examine the causes and impact of such fires and the urgent efforts being made by a wide variety of stakeholders to solve this seemingly intractable problem…
Crowley Maritime Corp. has awarded Thomas B. Crowley Sr. Memorial Scholarships to four cadets at the Maine Maritime Academy in recognition of their achievements, the Jacksonville, Fla.-based shipping company announced Wednesday.The honorees…
The following excerpts are from the new travelogue by Captain Sean P. Tortora, titled, “Steaming to Djibouti…My First Hitch on an Underway Replenishment Ship.” Join a motivated young merchant marine officer on his first journey onboard a venerable navy auxiliary steamship…
German container liner Hapag-Lloyd expects transport volumes in the fourth quarter to pare sharp losses seen earlier this year as a demand recovery in Asia lifts seaborne shipments.Fourth quarter volumes should show a low single-digit gain year-on-year after they fell by 3…
Two centuries after the first coal-powered steamships crossed the Atlantic Ocean, a Swedish company is designing a futuristic throwback: a huge, wind-driven cargo ship that could help end the fossil fuel era and limit climate change.Shipping accounted for 2…
Dr. Cleopatra Doumbia-Henry, President, World Maritime University, discussed the ongoing seafarer crisis plus the new report from WMU, A Culture of Adjustment, which outlines systemic failures in the implementation of the regulatory regime for seafarers’ work and rest hours…
Recently, the U.S. Environmental Protection Agency (EPA) finalized a cooperative agreement with the Port of New Orleans to fund diesel emissions-reduction programs. The agreement provides $1,240,247 to replace certain diesel-powered trucks at port facilities in Orleans…
