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An International Maritime Organization official reiterated that one of the biggest challenges that shipping faces is the decarbonisation effort needed to meet the UN body’s 2050 goal of net-zero green
Newly reported period fixtures show advances in rates for kamsarmax bulkers as sentiment begins to warm up, following a mediocre past week. Rates have been rising gradually all month long …
A cargo ship has been damaged and four people have been injured in a reported rocket attack on the Ukrainian port of Odesa. Port infrastructure has also sustained damage in …
In this week’s Wavelength podcast: US investigators say a faulty wire in a switchboard on the Dali container ship may have caused the blackout that led to it smashing into …
Low-profile Greek bulker specialist Seastar Chartering has emerged as the buyer of a Japanese-built ultramax reported sold last week. A company official confirmed to TradeWinds that the Athens-based
A fire at a Greek refinery on Tuesday has caused the diversion of one crude cargo, while a VLCC has made it to a berth. The blaze struck the Motor …
In this week’s Wavelength podcast: US investigators say a faulty wire in a switchboard on the Dali container ship may have caused the blackout that led to it smashing into …
If an orderbook of 70 container ship newbuildings delivering at a rate of about one a week was not enough, Canada’s shipowning tonnage provider Seaspan Corp has inked another 32 …
Trading giant Louis Dreyfus Company (LDC) reported a “resilient performance” in its first half financial results as shipping volumes increased, though its earnings fell. The company cited “strong res
Container liner operators are deploying a wave of fresh surcharges in anticipation of higher costs ahead of a pending strike on the US East Coast. Germany’s Hapag-Lloyd has imposed a …
Bio-LNG is becoming commonplace as a drop-in fuel to decarbonise shipping but production of its carbon-neutral alternative e-methane or e-NG, which can deliver as e-LNG, is gathering pace and is …
New information has shed further light on the identity of the companies that bought 11 mid-aged MR2 product carriers from Scorpio Tankers so far this year. Scorpio has not disclosed …
South Korean shipbuilder Hanwha Ocean has come up with a design for a zero-emission LNG carrier that features a new cargo containment system. Unveiling its new baby at its LNG …
The major players of marine insurance celebrated the 150th anniversary of their trade and lobbying body at a renovated warehouse at a working port. The five-day International Union of Marine …
The name Adhira is of Sanskrit origin meaning “quick and strong”, said Captain Pappu Sastry, the owner of Adhira Shipping & Logistics (ASL). “So it was the perfect name for …
Spliethoff Group of the Netherlands is taking over ForestWave Navigation to create a multipurpose (MPP) shipping giant with a fleet of 147 vessels. The all-Dutch deal sees Spliethoff emerge as …
Five fishermen stranded for several days onboard a sinking fishing boat in the South China Sea were rescued on Friday by an Alpha Bulkers vessel. Crew onboard the 179,258-dwt capesize …
The iconic former UK Royal Mail ship St Helena is back up for sale following its conversion into a mobile racing hub. UK shipbroker Eggar Forrester director Paul Willcox told …
Regulators are set to conclude years of talks on exactly which economic measure will be used to encourage shipping to meet the 2050 net-zero emissions targets. Whichever option is chosen, …
The European Union wants to hit as many Russia-trading tankers as possible with sanctions. This is according to the bloc’s sanctions envoy David O’Sullivan, who was speaking at the Brussels-based …
