IMO HQ

$5 billion “moon shot” proposal for shipping decarbonization

Governments controlling a major share of the world merchant fleet yesterday submitted a “moon shot” proposal to to the United Nations International Maritime Organization (IMO), calling for the establishment of a $5

Diana Shipping to monitor vessels’ environmental performance

Athens-headquartered dry bulk specialist Diana Shipping Inc. (NYSE: DSX) reports that its wholly-owned subsidiary Diana Shipping Services S.A. has signed an agreement with ABS to implement the ABS Environmental Monitor digital sustainability

Containership leasing giant continues newbuilding spree

Within days of its last foray into the newbuilding market (see earlier story), containership leasing giant Seaspan Corporation has resumed its buying binge, announcing today that it has entered into agreements with

Stena Bulk concept “could be as impactful as containerization”

Able to carry both dry and wet cargoes in modular compartments, an ultra-flexible, zero emissions design unveiled by Gothenburg, Sweden, headquartered tanker operator Stena Bulk pushes many boundaries. In an advance that

Golden Ray: Cutting begins on Section Two

The St. Simons Sound Response team has now started operations to remove Section Two of the hull of the capsized car carrier Golden Ray, which is being sliced into eight giant sections

Eastern Pacific Shipping in MOU on methanol and ammonia fuel retrofits

One of the world’s largest shipowners, Singapore-headquartered Eastern Pacific Shipping (EPS), is to retrofit a number of the existing vessels in its 15 million dwt fleet to burn methanol and ammonia fuels.

Progress at Canadian ports

This article was written by Marybeth Luczak, executive editor, Railway Age Magazine, an affiliate publication to Marine Log. The Montreal Port Authority’s (MPA) Contrecoeur Port Terminal Expansion Project gets the greenlight; Port of

TORM has signed up for MAN PrimeServ Assist

TORM swoops on eight Team Tankers MR carriers

Copenhagen-headquartered TORM reports that it has entered into an agreement to purchase eight 2007-2012 built MR product tankers from Team Tankers Deep Sea Ltd. for a total cash consideration of $82.5 million

Singapore’s third LNG bunkering license goes to Total

The Maritime and Port Authority of Singapore (MPA) has issued a third LNG bunker supplier license. It has been awarded to Total Marine Fuels Private Limited and is for for a five-year

Car carrier explosion raises Gulf of Oman security concerns

An Israeli-owned car carrier, the MV Helios Ray, has been damaged by an explosion that occurred when the vessel was in the Gulf of Oman, approximately 44 nautical miles northwest of Muscat.

LOAD MORE