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May 01, 2020

Eco Marine Power to look into installation of its zero-emission solution onto an LR2 tanker

The Japanese technology firm Eco Marine Power has launched a feasibility study into the installation of its zero-emission power and propulsion system onto an LR2 tanker. The system…

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Apr 30, 2020

Port of Seattle shelves cruise terminal development amid COVID-19 uncertainties

The Port of Seattle has delayed the development of the proposed  Terminal 46 cruise terminal as it needs to investigate the impact of the coronavirus pandemic on the market before…

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Apr 30, 2020

FSG files for insolvency

Cash strapped German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) has filed for the opening of insolvency proceedings at the local court in Flensburg. The court has approved…

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Apr 30, 2020

Hapag-Lloyd puts ordering of mega boxships on the back burner

Source: Pixabay German liner giant Hapag-Lloyd is postponing the decision on the ordering of new ultra-large containerships until further notice due to the ongoing market uncertainty…

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Apr 30, 2020

CSSC inks deal for 12 LR2 dual-fuel tankers

Chinese shipbuilding giant China State Shipbuilding Corporation (CSSC) has won a deal for the construction of twelve dual-fuel tankers. The order was booked by Bank of Communications…

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Apr 29, 2020

ITF: COVID-19 is no excuse to cut seafarers’ wages

At a time when seafarers are keeping the world moving, COVID-19 cannot be used as an excuse to lower the wage and working conditions of seafarers, the International Transport Workers’…

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Apr 29, 2020

Stena Bulk’s MR tanker wraps up biofuel trial

Stena Bulk’s MR tanker Stena immortal has concluded the biofuel trial launched in March in cooperation with the Dutch biofuel supplier GoodFuels. During the ten-day trial,…

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Apr 29, 2020

Norwegian Cruise Line targets half a billion worth of cost cuts

On the heels of a significant economic blow from the suspension of global cruises due to the COVID-19 pandemic, Norwegian Cruise Line Holdings has had to launch a serious cost-cutting…

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Apr 29, 2020

Port of Oakland: We will be facing a new normal due to COVID-19

The coronavirus pandemic could permanently alter container transportation practices, Calfornia’s Port of Oakland cautioned. Image Courtesy: Port of Oakland As explained,…

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Apr 28, 2020

Meyer Turku in talks to lay off 450 workers

Finnish shipbuilder Meyer Turku shipyard has launched talks with its employees on the layoff of 450 people as a result of the coronavirus crisis on the yard’s operations.…

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