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BIMCO: 47% of all dry bulkers delivered in 2020 fitted with scrubbers
Some 47% of all newly built dry bulkers delivered in 2020 are fitted with exhaust gas cleaning systems, known as scrubbers, data from BIMCO shows. Interest in scrubbers peaked in 2018 and 2019 ahead...
View ArticleLithuanian government sets stage for Klaipeda port offshore wind upgrade
On 2 December, Lithuanian government approved a draft resolution that would lead to the Port of Klaipeda being upgraded to accommodate facilities supporting offshore wind projects. The resolution will...
View ArticleStrategic Marine to deliver fast crew boat to Malaysian operator
Singapore’s shipbuilder Strategic Marine has recently signed a sale and purchase agreement with Malaysian vessel operator Centus Marine for one 40m fast crew boat (FCB). This will be the 48th vessel...
View ArticleITF helped recover more than $1.7 million in owned wages to seafarers
Member unions of the International Transport Workers’ Federation (ITF) have helped recover more than $1.7 million in wages owed to seafarers amid a concerning rise in abandonment cases by shipowners....
View Article14 Ocean Panel nations vow to transform global ocean economy
Fourteen nations represented on the High-level Panel for a Sustainable Ocean Economy (Ocean Panel) and accounting for 30% of the world’s oceans through their exclusive economic zones have committed to...
View ArticleBoskalis boosts its offshore wind fleet with Boka Tiamat
Boskalis will add a multipurpose DP2 vessel Boka Tiamat to its fleet in January 2021, the company said via social media on 3 December, and will deploy the vessel on offshore wind projects in Taiwan....
View ArticleKonecranes and Cargotec merger prospectus wins green light from Finnish...
Finnish engineering majors Konecranes and Cargotec have won approval from the Finnish Financial Supervisory Authority for their merger prospectus. The merger was announced in October this year. The...
View ArticleOdfjell to buy Lindsay Goldberg’s stake in Korea terminal
Norwegian shipping and tank terminal company Odfjell SE has reached an agreement with Lindsay Goldberg (LG) to acquire their indirect 24.5% shareholding in Odfjell Terminals Korea (OTK) for $19...
View ArticleDP World and P&O Ferries offer to transport COVID vaccines to UK for free
Pan-European ferry and logistics company P&O Ferries, owned by DP World, has offered to transport COVID-19 vaccines into the UK free of charge. The United Kindom has become the first Western...
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Bureau Veritas awards classification to Faroe Islands research vessel
Certification body Bureau Veritas has awarded classification to the research vessel Jákup Sverri whose primary task will be to survey in and around the Faroe Islands. Jákup Sverri vessel (Courtesy of...
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Burckhardt nabs tech order for LNG-fueled containerships
Burckhardt Compression has secured an order to supply its Laby LNG boil-off gas compressors for two 14,000 TEU LNG-fueled containerships. Courtesy of Burckhardt Compression The order includes eight 8...
View ArticleBIMCO: Lack of capacity for green recycling of large ships persists
Lack of sufficient recycling capability among shipyards included in the EU list to dismantle large ships remains an issue, according to BIMCO, despite the EU’s efforts to expand the list of approved...
View ArticleDSME wins $260 million order for 3 VLCCs from ADNOC
Abu Dhabi National Oil Company (ADNOC) has placed an order for three very large crude carriers (VLCCs) with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering. The contract is worth...
View ArticleCrew member falls from Sagami tanker off Sabine Pass, Texas
A search is underway for a 27-year-old male crew member who fell overboard from the Handy tanker vessel Sagami in the Gulf of Mexico. The US Coast Guard said that the search was underway...
View ArticleUpdate: ONE Apus heading toward Kobe as lost units are revised to 1,816
The revised estimate of lost containers from the Japanese-flagged containership ONE Apus now stands at 1,816 units, scaled down from the initial estimates which exceeded 1,900 containers. Some 64...
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New eco-friendly bulker joins K Line
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has taken delivery of Cape Ace, a 100,000 dwt bulker newbuilding. Flying the flag of Panama, the ship was recently completed by Namura...
View ArticleJapan pushes ahead with ammonia as a shipping fuel of the future
Japan is planning to introduce ammonia as fuel into the shipping industry and make it commercially available in the late 2020s as part of its efforts to go carbon-neutral by 2050. The solution was...
View ArticleEU Commission: No more tax exemptions for Italian ports
The European Commission has requested from Italy to abolish the corporate tax exemptions granted to its ports, in order to align its tax regime with EU State aid rules. As explained, profits earned by...
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ABS issues hybrid power guidance
The American Bureau of Shipping has issued its Guide for Hybrid Electric Power Systems for Marine and Offshore Applications. Illustration only (Courtesy of ABS) The guidelines focus on systems...
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Jas Hennessy & Co chooses Neoline’s sailing cargo ship solution
French spirits company Jas Hennessy & Co has embarked on a new eco-friendly initiative that will see its products being transported by Neoline’s sailing cargo ships between Montoir de Bretagne,...
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