News Flash

US sues ship firms for $100m over Baltimore bridge crash

The US government has filed a $100m (£75.6m) lawsuit against the owner and operator of a cargo ship that crashed...
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PortXchange to Launch EmissionInsider Carbon Insight Suite, Pioneering Real-Time Emissions Reporting and Setting New Global Standards for Port Sustainability

PortXchange, a leading innovator in port emissions digitalization and maritime solutions, is set to launch EmissionInsider Carbon Insight Suite. This...
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Wah Kwong joins Tankers International as new pool partner

Tankers International, the world’s largest shipping pool for VLCCs, has welcomed Hong Kong-based Wah Kwong as a pool partner, with...
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Industry experts discuss future of tanker inspections and the impact of SIRE 2.0 on seafarers in Kaiko Systems webinar

Some ship managers are finding they are unprepared for the human factors element of the new SIRE (Ship Inspection Report...
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Chinese shipyard opts again for Wärtsilä cargo handling and fuel gas supply systems

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling and fuel gas supply systems for four...
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LR awards Approval in Principle to Seaspan Corporation for a next generation feeder with ammonia-powered propulsion

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative dual-fuel ammonia-powered next generation feeder...
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DNV Awards AiP for HD Hyundai’s Onboard Carbon Capture and Storage System Retrofit Design

HD Hyundai Marine Solution, HD Hyundai Engineering & Technology, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), and Hyundai Heavy...
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MOL, GCMD and Yara Clean Ammonia Succeeds Ammonia STS (Ship-To-Ship) Trial in Australia Port- Contribution for the Ammonia Bunkering Infrastructure Installation

Mitsui O.S.K. Lines, Ltd. has joined the Ammonia STS trial which was led and successfully completed by the Global Centre...
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Secretary-General Grynspan: UNCTAD16 must deliver for the new global economy

The upcoming 16th ministerial conference of UN Trade and Development (UNCTAD) will give new momentum to power the economic transformations...
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Loss prevention must be a prerequisite to achieving climate change goals, argues IUMI

Today, in Berlin at its 150th anniversary conference, the International Union of Marine Insurance (IUMI) made the link between loss prevention...
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Baltic index falls as capesize hits three-week low

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday as...
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Alfa Laval secures major order for ballast water management system replacements

Alfa Laval has received an order to replace 18 ballast water treatment systems (BWMS) onboard vessels belonging to a major...
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Maritime industry faces growing pressure for data transparency as cybersecurity concerns stifle progress, warns Oceanly

Charterers and insurers are demanding more transparency in vessel operations, yet many maritime companies still resist sharing critical data, citing...
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ClassNK grants Innovation Endorsement for Products & Solutions to ‘V-MO’ developed by Asahi Kasei Engineering

ClassNK has granted its Innovation Endorsement for Products & Solutions to monitoring service for ocean vessel motors, ‘V-MO’ developed by...
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Megaship deliveries likely to impact profits: agency

Reduced container supply caused by Red Sea rerouting should bolster freight rates and profitability for local shipping companies this year,...
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Logothetis again lifts stake in fueltech SulNOx

Constantine Logothetis has once again increased his stake in UK-listed fuel decarbonisation group SulNOx, valuing his investment at £11m. Market share purchases have taken...
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New guide to reducing GHG emissions in shipping launched by ICS

With increasing requirements to reduce GHG emissions in shipping, The International Chamber of Shipping (ICS) Publications has released the second...
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Asia Fuel Oil-Spot benchmarks inch up amid active bidding

Spot fuel oil benchmarks edged higher on Tuesday amid a backdrop of active bidding for October-loading parcels, while backwardation widened...
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Implications of Looming labor strikes on U.S. container trade and supply chains

September is traditionally one of the busiest months for U.S. containerized imports, driven by the peak shipping season as businesses...
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How Can We Use Data To Help Decarbonise Ports?

Global shipping contributes 2-3% of carbon emissions, with ports playing a significant role. Leveraging big data can optimize vehicle operations,...
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