Carnival reports all time high full year revenues
Cruising has come a long way since the dark days of the COVID shut-down when much loved veteran cruise ships were being beached for scrapping. Evidence of the industry bounce back came
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Red Sea is becoming a no go zone for shipping
Supply chain disruptions as a result of Houthi attacks on merchant ships in the Red Sea are only likely to increase. A growing number of ship operators have themselves decided to suspend
Höegh Autoliners in strategic partnership with biofuel supplier VARO
Shipping’s customers, including auto manufacturers, are looking to wring carbon out of their supply chains. Leading car carrier operator, Oslo-headquartered Höegh Autoliners has plans for its next-generation of ships to operate on
OSG rolls out Starlink fleetwide
Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) is joining the growing number of shipowners worldwide rolling out SpaceX’s Starlink satellite internet service fleetwide. OSG says its decision marks a pioneering moment
New generation takes the reins at Exmar
One shipping dynasty that’s been much in the news this year, notably in the long-drawn battle for control of Euronav, has been Belgium’s Saverys family. Dynasties, of course, involve successions and the
Louis Dreyfus Company to install four eSAILs on juice vessel
Spain’s bound4blue and Rotterdam-based Louis Dreyfus Company (LDC) announced December 19 that a commercial agreement for the manufacture and installation of four eSAILs on LDC’s chartered juice vessel, M/V Atlantic Orchard, in
MARAD updates Title XI regulations
By providing long-term debt repayment guarantees, the U.S. Maritime Administration’s Title XI Federal Ship Financing Program is intended to encourage U.S. shipowners to obtain new vessels from U. S. shipyards cost effectively
Can Prosperity Guardian plans counter Houthi threat to shipping?
Ahead of a widely expected announcement from U. S. Secretary of Defense Lloyd J. Austin the Norwegian Government said today that the U.S. has taken the initiative to strengthen international efforts to
Bernhard Schulte orders Northern Lights CO2 carrier
The Northern Lights JV, in which Equinor, Shell and TotalEnergies are equal partners, has awarded a time charter agreement to Bernhard Schulte that will see the construction of a fourth 7,500 cubic
AI-based Norwegian sustainable shipping project wins funding
Artificial Intelligence (AI) has the potential to cut huge amounts of emissions from shipping and the Norwegian Government’s Green Platform initiative has just awarded NOK 44 million (about $4.2 million) to a