OMAN : Two oil tankers have collided in the Strait of Hormuz, the world’s most critical oil checkpoint just off the coast of Iran. British maritime security monitor Ambrey said that the collision on
BUSAN : KR (Korean Register) has officially launched a joint working group to establish international standards for the safe discharge of toxic ammonia effluent generated from ammonia-fueled ships. The initiative brings together Korean major
MARSEILLE : French shipping giant CMA CGM is in negotiations with Indian shipbuilders to build LNG-powered container vessels, according to India’s Ministry of Ports, Shipping and Waterways. As reported by CMA CGM, the prominent
By Will Wade The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power. Shipping accounts for more planet-warming greenhouse gas emissions than Japan. The
SINGAPORE : X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the world’s largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and
COPENHAGEN : A.P. Moller – Maersk has named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion. The naming event took place on 18 June at Hyundai Heavy
HAMBURG : The maritime industry is facing a sharp rise in machinery failures and engine-room incidents that modern monitoring systems could help prevent, warns CM Technologies (CMT). With classification society DNV reporting a 20%
SINGAPORE : Proteus Energy, headquartered in Singapore, has developed the Proteus® Maritime Fuel Cell Solution, a modular hydrogen fuel-based system for ports and vessels. The first offering is the Proteus®75. Each fuel cell stack is 75
LONDON : The Baltic Exchange’s Dry Bulk Sea Freight index, which tracks rates for vessels transporting dry commodities, fell to a one-week low on Wednesday due to weaker rates for capesize and panamax vessel
BANDAR ABBAS : Tensions between Iran and Israel have been on the rise and one name keeps surfacing in global headlines: the Strait of Hormuz. This narrow stretch of sea might seem far from