TOKYO : The methanol dual-fuel chemical tanker Takaroa Sun, owned by NYK Bulkship (Asia) Pte. Ltd., a wholly owned subsidiary company of NYK, participated in the world’s first barge-to-ship bunkering* of methanol fuel. The
TOKYO : NYK Line has joined the Ship Recycling Transparency Initiative (SRTI), an information disclosure platform hosted by the Sustainable Shipping Initiative (SSI). SRTI is comprised of leading shipping companies, shippers and financial stakeholders.
HAMBURG : Three of the largest container lines in the world have announced a substantial number of rate increases to be implemented later in May and in early in June. One of the lines,
NORWAY : Columbia Shipmanagement (CSM) has entered into a strategic partnership with Norwegian shipowner and operator Seatrans to establish a joint venture company that will operate out of Seatrans’ offices in Bergen, Norway from
TOKYO/CAIRO : Global shipping is still suffering ramifications a month after the giant Ever Given container ship ran aground in Egypt’s Suez Canal and blocked the key waterway for about a week. Ports across
HAIFA : Haifa-based container liner shipping company ZIM has established a new joint venture company called ZIMARK. The other partner in this new business is the Israeli start-up Sodyo which brings to ZIMARK the
A S$120 million fund for a maritime decarbonization center in Singapore SINGAPORE : Ocean Network Express Pte Ltd. (ONE) is pleased to announce theparticipation to the initiatives with industry partners to advance decarbonization efforts
FRANCE : Taking into account MSC’s new orders, as well as the company’s active involvement in the secondhand tonnage market, it can be said that it is all set to overtake Maersk on a
Although freed inside the Suez Canal, the megaship Ever Given and its cargo remain impounded in Egypt as its insurers dispute the bill for last month’s shipping logjam. EGYPT : The Suez Canal Authority
Natural gas-powered vessels are becoming more popular as a halfway measure as a search continues for non-carbon-based fuels SHANGHAI : CMA CGM’s first LNG-powered container ship at its launch in Shanghai in 2019. Though