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Maersk Issues EUR500M Green Bond To Fund Methanol-Powered Newbuilds

AP Moller - Maersk successfully placed a EUR500m green bond issue to fund its green methanol powered newbuildings. The 10-year,...
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Hambantota Becomes First Sri Lankan Port To Comply With ISO Standards

Sri Lanka's Hambantota International Port (HIP) announced that it has become the South Asian country's first port to comply with...
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Israeli And UAE Companies Partner To Develop USVs

As a demonstration of how business is continuing to evolve in the Middle East, a leading Israeli defense manufacturer and...
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IMO In The Spotlight At First Post-COP26 MEPC Meeting

As the IMO opens its virtual doors to MEPC 77 in London today, one key question is whether the $5bn...
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INTERTANKO Backs Shipping’s Net Zero Emissions Path By 2050

International shipping should strive to achieve net zero CO2 emissions by 2050, the Council of Members of the International Association...
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Russia Begins Sea Trials For Largest, Most Powerful Nuclear Icebreaker

Russia has begun sea trials on what it reports is the larger and most powerful icebreaker in the world. The...
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Cosco Shipping Takes $157M Stake In Logistics Provider Shunfeng

Cosco Shipping is upping its logistics presence taking a stake in service provider Shunfeng. Cosco Shipping has subscribed RMB1bn ($157m) shares of...
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APM Terminals To Operate New Louisiana Container Port

After six months of talks, Louisiana’s Plaquemines Port, Harbor and Terminal District (PPHTD) and APM Terminals (APMT) have signed a...
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China Prepares For Delivery Of World’s Largest LNG Tank Carrier

China, which is a major energy importer, is preparing to take an important step forward launching a unique approach to...
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MacGregor Secures A Significant Hatch Cover Order From Japan Marine United For Twelve Containerships

MacGregor, part of Cargotec, has secured a significant hatch cover order for twelve 3,055 TEU containerships. The ships will be...
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Russia: Agreement Signed For 1st Deepwater Port Complex In The Baltics

Russia’s federal agency FSUE Rosmorport and Primorsky Universal Transshipment Complex (Primorsky UPK) have signed an agreement to develop the first...
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PIL, Goldstar And OOCL Launching New China – SE Asia Service

Pacific International Lines (PIL) Goldstar Lines, and Orient Overseas Container Line (OOCL) are launching a new service connecting Chinese ports...
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Updated List Of MCA Approved Doctors In UK

Maritime and Coastguard Agency (MCA) UK has updated the list of doctors in the UK who can carry out ENG...
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Euroseas Ltd. Anticipates Great Rechartering Rates Of Its Vessels During 2022

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced yesterday...
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Ship Recycling Market Heating Up

The ship recycling market has picked up the pace during the past week, with a significant number of new deals...
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ABS Evaluates The Latest Battery Technologies

The potential of emerging battery technologies to contribute to the decarbonization of shipping is explored in the latest sustainability technology...
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Imarest Calls On IMO To Adopt A No Delays Zero Target On Greenhouse Gases By 2050

The IMarEST is supporting the call for the IMO’s Marine Environment Protection Committee to adopt a clearer target of zero...
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Damen Opens Service Hub In Hamburg

Damen Shipyards Group has opened its latest service hub, in Hamburg, Germany, also serving Denmark and Poland. The hubs provide...
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Panama Canal Contracts US Army Corps For The Water Projects Programme

The Panama Canal has signed a contract with the US Army Corps of Engineers (USACE) for consulting and technical advisory...
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OPEC To Stay ‘Cautious,’ With Oil Market Surplus Coming In December: Barkindo

The global oil market will flip from deficit to surplus in December, OPEC Secretary General Mohammed Barkindo said Nov. 16,...
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