MAN's most powerful engine yet powers giant containership HMM's new series of twelve 23,964 TEU ultra large containerships will each be powered by an MAN B&W G95ME-C10.5 low-speed main engine. As we reported earlier, the first of these ships, the
Svitzer to have new CEO Kasper Friis Nilaus is to succeed Henriette Thygesen as global CEO of the Maersk group's global towage operator, Svitzer A/S, effective June 15. Nilaus, who is currently VP and Managing Director of
ICS issues updated COVID-19 health guidance The International Chamber of Shipping (ICS) has issued updated health guidance for the global shipping industry to ensure ship operators and crew can safely deal with seafarers struggling with medical conditions during
Bollinger delivers first of three FRCs to be homeported in Guam Bollinger Shipyards has delivered the USCGC Myrtle Hazard to the U.S. Coast Guard in Key West, Florida. The Fast Response Cutter (FRC) is the first of three that will be homeported in
ExxonMobil introduces next-generation multi-fuel marine cylinder oil Mobilgard 540 X, the latest addition to ExxonMobil's MobilGard cylinder oil range, is specifically formulated for use with both 0.10% and 0.50% sulfur fuels and liquefied natural gas (LNG) and will be
Wärtsilä propulsion solution picked for high speed ferry A 115 meter long ferry being built for Denmark's Molslinjen at Austal Phillipines will be powered by four Wärtsilä 31 engines, recognized by Guinness World Records as being the world's most efficient
WinGD gains type approval for biggest and most powerful ever dual-fuel engines Classification society Bureau Veritas has awarded WinGD (Winterthur Gas & Diesel) type approval for its dual-fueled 12X92DF engines, the biggest and most powerful LNG-fueled engines thus far built. They will power nine
ICS releases medical guidance after seafarers denied care The shipowners group said it would present the guidance to United Nations bodies on Thursday
Weekly briefing: Container lines boost finances, 'caution' over US sanctions guidance Pacific International Lines is in early negotiations with Singapore's sovereign wealth fund over much-needed investment, while shipowners are urged to...
Product tanker demand likely peaked as deviations slow Torm chief executive Jacob Meldgaard estimates that about 12% of the product tanker fleet is tied up in floating storage
Star Bulk sees three-year scrubber payback at current levels Star Bulk expects to make additional revenue of $24m in the remaining seven months of 2020
Decarbonisation is a job for now, not later Lloyd's List reported this week that while six leading Danish companies are working on a zero-emissions marine fuel, two-thirds of...
Flexible capacity can help car carriers, says Wallenius Wilhelmsen chief About 20% of the world's pure car and truck carriers are idled, Jasienski estimates
Tankers in floating storage hit new high Record floating storage volumes have shielded the largest 2,800 tankers in the 3.2bn tonne per year shipment of crude and...
Navig8 Group expands into LNG shipping The liquefied natural gas sector 'faces a market trough until 2023/24' according to Norway-based investment bank Cleaves Securities
Asian shipowners urge 'key worker' status for seafarers The association also vowed to support shipping's carbon-free path despite the economic damage from the pandemic shockwave
DP World seeks to integrate all terminals with TradeLens Dubai-owned DP World plans to link together all 82 of its terminal facilities, as well as feeder companies and logistics...
China Merchants bolsters subsidiary yard with $120m MPV orders The Shanghai-listed dry bulker and tanker owner arm has agreed a contract for four 62,000 dwt multipurpose ships with Jinling...
Ofac wields a sanctions sledgehammer on shipping The mercurial, ambiguous and inconsistent application of Ofac sanctions on Iran and Venezuela is a deliberate tactic to keep international...
RightShip's new Safety Score to replace unfair risk rating The Safety Score follows two years of consultation across the industry. It aims to offer as much information as possible...
Daily Briefing Free to read: Is a state-backed rescue of PIL the right response? | Most shipowners have no decarbonisation strategy |...
Stena tanker quarantine in Brazil extended as more coronavirus cases found Meanwhile, falling water levels in the Paraná River have left a bulker high and dry, with Cofco1 grounding with a...
Stranded Cosco VLCC waits for rescue off South Africa Vessel had no cargo on board when the incident occurred
US federal court rules against City of Oakland's coal transport ban Despite backing the earlier ruling, the majority decision says 'we do not opine on the ultimate issue of any alleged...
Wood Mackenzie sees China increasing oil demand in the second quarter Despite some pockets of recovery in China's oil demand for the rest of the year, Wood Mackenzie consultant Lei Yujiao...
Breaking: American Airlines to eliminate 30% of mid-level staff The U.S. government's emergency aid package was only a Band-Aid for protecting jobs. Airlines promised not to have involuntary layoffs for six months, but now...
Tumultuous times for transportation industry insurers Litigious society wants someone to pay for coronavirus-related business losses
Lufthansa balks at EU conditions for German aid package Lufthansa and Germany have agreed on a rescue plan for the airline, but the European Union wants to take a pound of flesh from the...
Hong Kong delivered 380 CST HSFO bunker hits 12-week high on S Korea demand
Singapore's EPS inks time charter deal for three LPG dual-fuel gas carriers The mid-size gas carriers, or MGCs, are slated for delivery in 2022 from Hyundai Mipo Dockyard.
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