An in-house development from Schiedam, Netherlands, headquartered Jumbo Shipping promises to go a long way to solving the issue of persistent flash rust caused by the removal of temporary welded securings on
The Liberian Registry has expanded its presence in South Korea by opening a branch office in Busan, Korea’s most important maritime city. “The opening of our Busan office achieves a strategic objective
In a sign of the growing trend to LNG fueling in the containership sector, ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), Haifa, Israel, has entered a 12-year agreement with Seaspan Corporation to
Galveston Wharves, Galveston, Texas, reports that its cargo business totaled 4.3 million tons in 2020, exceeding 2019 totals by 300,000 tons. General cargo, grain and fresh fruit led the gains. Cargo activity
Hapag-Lloyd is breaking new ground in financing. It has concluding two initial transactions under the Green Loan Principles of the Loan Market Association (LMA). Both transactions — a syndicated loan of $417
Japan’s NYK Line reports that it has ordered its first two liquefied petroleum gas (LPG) dual-fueled very large gas carriers (VLGCs). They will be built at Kawasaki Heavy Industries Ltd’s Sakaide Works
Norwegian-based Wallenius Wilhelmsen Ocean AS (WWO) has been convicted of criminal cartel conduct and ordered by Australia’s Federal Court to pay a fine of AUD 24 million (about US$18.5 million) in a
A National Transportation Safety Board Marine Accident Brief says that an 83,000-cubic-meter LPG tanker struck a Washington State wharf on December 15, 2019, because the pilot approached with excessive speed and at
Global marine mutual insurer North P&I Club has elected James Alexander Tyrrell as the new chair of its board, succeeding Pratap Shirke, while Ioanna Procopiou has become the club’s first female vice-chair.
Amsterdam-headquartered independent LNG supplier Titan LNG has reached an agreement to charter in NYK Line’s LNG bunker vessel Green Zeebrugge. Previously known as the Engie Zeebrugge, NYK renamed the vessel after becoming
