While use of liquefied biogas (LBG) is seen as an important step towards fossil-free shipping, lack of supply is a major difficulty. To address the issue, Swedish family-owned shipping company Furetank has
A.P. Moller – Maersk (Maersk) has delivered on the strong profits guidance it gave back in January. Today, it reported record earnings for 2021: Revenue was up 55% to $61.8 billion, EBITDA
Carnival Corporation’s Cunard brand has announced the name of its new ship, set to make its first sailings in early 2024. To be named Queen Anne, the new vessel will be Cunard’s
Centerline Logistics, Seattle, Wash., has signed a letter of intent (LOI) with Vard Marine Inc. to develop a customized 6,000-cubic-meter articulated tug and barge (ATB) LNG bunker barge. Expected to enter service
The Isle of Man Ship Registry (IOMSR) is set to become the first flag state in the world to offering reduced registration fees for ships using green technology. The green discount will
The Ports of Indiana, an inland river port system made up of three ports—Burns Harbor, Jeffersonville, and Mount Vernon—have experienced an uptick in cargo shipments in addition to one port welcoming a
Concordia Maritime, Gothenburg, Sweden, launched a technical design study evaluating the feasibility of converting and adapting one of its nine P-MAX tankers for container transportation. Concordia is carrying out the study in
Royal Caribbean Group (NYSE: RCL) had lots of positive news to report in a business update released today along with its FY 2021 financial results. Still, those results showed more red ink
By Martin Wallgren, Group Chief Information Officer, GAC Group We’ve seen market consolidation, and we’ve seen the “great resignation.” The pandemic has created a market dynamic that presents both challenges and opportunities.
The world’s first ship to be classed as ammonia-fuel ready, the ABS-classed, Greek-flagged Suezmax tanker Kriti Future, has been delivered to Maroussi, Greece, based Avin International Ltd. The 274 meter long vessel