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Apr 09, 2018

Maersk Honam Battling a Fire for Over a Month

The fire which erupted on board Danish-flagged containership Maersk Honam over a month ago continues to burn. However, the fire remains under control, a spokesperson from Maersk…

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Apr 05, 2018

South Korea Reveals 200-Strong Fleet Renewal Plan

As part of its determination to revive its ailing shipping industry, South Korea has revealed an ambitious investment plan that will see the construction of about 200 ships in the next…

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Mar 29, 2018

Fire Breaks Out on Board Bulker in Italy

A fire has been reported on board a bulker while the vessel was moored at the Port of Civitavecchia, Italy. The vessel in question has been identified as the Hong Kong-flagged Panamax…

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Mar 24, 2018

First of Ten Mammoth Ore Carriers Handed Over to CMES

A giant ore carrier Ore Tianjin has joined the Valemax fleet, the world’s largest ship type intended for carrying iron ore. The very large ore carrier, boasting 400,000 deadweight …

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Mar 23, 2018

New Initiative for Climate-Smart Shipping Launched in Sweden

Electromobility for Shipping is the name of a new collaboration between six actors with the aim to increase the electrification of shipping. Swedish ferry company Stena AB, the…

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Mar 22, 2018

Interview: What Will Be THE Marine Fuel of the Future?

The International Maritime Organization (IMO) is standing its ground on the implementation of the 2020 Sulfur Cap having reaffirmed its position that there is no turning back with…

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Mar 21, 2018

Interview: What Will Be THE Marine Fuel of the Future?

The International Maritime Organization (IMO) is standing its ground on the implementation of the 2020 Sulfur Cap having reaffirmed its position that there is no turning back with…

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Mar 19, 2018

Skangas: Demand for LNG on the Rise in Nordics Marine Market

Demand for LNG as a marine fuel has risen significantly, especially in Nordics marine market, according to a Norwegian LNG supplier Skangas. The driving force behind the rise is…

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Mar 16, 2018

KOTC Seals Financing for Eight Tankers, Orders VLCC

Kuwait Oil Tanker Company (KOTC) has signed today a financing deal with a syndicate of banks worth around USD 467 million (KD 140 million). The financing will be provided by Warba Bank,…

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Feb 23, 2018

Kea Trader’s Stern Partially Submerged in Cyclone Aftermath

The split hull of Lomar Shipping’s ill-fated Kea Trader has gotten further into trouble following the passage of a cyclone near New Caledonia in the South Pacific. Based…

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