Maersk plans to operate carbon-neutral liner vessel by 2023

A.P. Moller – Maersk today announced that it will launch of the world’s first carbon-neutral liner vessel in 2023 – seven years ahead of its initial 2030-ambition. All future Maersk owned newbuildings

Shipping faces “safety gap” as it transforms

A white paper released by classification society DNV GL identifies a looming “safety gap” between shipping’s existing approach to safety risks and its plans for greater digitalization and the adoption of alternative

VIDEO: Jumbo Chief Officer comes up with innovative answer to flash rust

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

Liberian Registry expands in Korea

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

ZIM to charter in ten LNG-fueled box ship newbuilds from Seaspan

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

Golden Ray: Responders resume car carrier cutting

The St. Simons Sound Incident response team resumed cutting operations to separate Section Seven from the wreck of the capsized car carrier Golden Ray Wednesday. The team has already removed two sections

Galveston Wharves sees increase in cargo business

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 secures green financing for newbuilds

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

NYK Line orders LPG dual fueled VLGC duo

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

Australia: Norwegian car carrier giant fined AUD 24 million for criminal cartel conduct

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