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
Frustration with port delays and supply chain disruptions saw ocean shipping reform legislation pass the House by a bipartisan vote of 364-60 last December. Now similar legislation has been introduced in the
The Maersk containership Maersk Mumbai, which grounded on the approach to Bremerhaven, February 2 has been refloated. The operation was coordinated by Germany’s Central Command for Maritime Emergencies (Havariekommando), which said that
Initial efforts to refloat a 400 meter long Maersk containership that ran aground last night were unsuccessful. The vessel, the Mumbai Maersk was en route for Bremerhaven from Rotterdam when, at around