Stena Polaris sister ship

MARAD still seeks 10th ship for new Tanker Security Program

The U.S. Maritime Administration (MARAD) has announced that nine ships have now been enrolled in the Tanker Security Program (TSP). The Fiscal Year (FY) 2021 National Defense Authorization Act (NDAA), with minor

Commercial ship nuclear propulsion applied in a containership

New ABS study explores potential of commercial ship nuclear propulsion

Is the “nuclear option” the magic bullet that could solve shipping’s GHG emissions issues? New reactor designs have seen the possibilities draw increasing attention. Now, a new study underscores the huge potential

Putin talks about return to Black Sea grain deal

Russia follows grain deal pull out with missile strikes, demands and threats to merchant ships

Following two nights of missile and drone strikes that reportedly destroyed 60,000 tonnes of grain in Ukraine’s port of Odesa region, Russian President Vladmir Putin today set out his demands for renewing

Key Equipment Financing put together group syndication financing for Pasha Ship

Key Equipment Finance leads $177.5 million Pasha Hawaii financing

Superior, Colo., based Key Equipment Finance, a division of KeyBank, reports that it recently served as the lead arranger of a group syndication providing $177.5 million in financing for Pasha Hawaii’s second

Green methanol supply chain in action

Green methanol supply chain starts coming together

When LNG first started gaining traction as a marine fuel, there was a lot of talk about chickens in eggs around issues of supply, demand an infrastructure. With methanol, it seems like

New IMO Secretary General choice is Panama's candidate.

Panama’s Dominguez Velasco will be next IMO Secretary General

The IMO Council has appointed Arsenio Antonio Dominguez Velasco of the Republic of Panama as IMO’s next Secretary General. Subject to the approval of the IMO Assembly, he’ll serve for an initial

Black Sea Grain initiative cargp inspection

Russia pulls out of Black Sea Grain Initiative

Wheat, corn and soybean prices all rose today on the news that Russia has not extended its participation in the UN sponsored Black Sea Grain Initiative. With Russia no longer on board,

Evergreen Marine ship

Evergreen Marine bets billions on methanol fueling

In a move that positions it to displace Hapag-LLoyd as the world’s fifth largest box ship operator Taiwan’s Evergreen Marine Corporation is betting billions on methanol-fueling, placing orders for 24 methanol dual

Plea for zero-emission shipping burning zero-carbon fuel by 2025

Key cargo owners look for zero-emission shipping by 2025

While IMO has announced an enhanced common ambition to reach net-zero GHG emissions from international shipping by “close to 2050,” some influential cargo shippers don’t want to wait that long. They’re set

United Nations Secretary Secretary-General António Guterres addresses MEPC 80

VIDEO: UN Sec Gen to IMO: Do your job

As the International Maritime Organization’s Marine Environmental Protection Committee started a crucial session on GHG reduction targets (MEPC 80), United Nations Secretary Secretary-General António Guterres called for meaningful action and said measures

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