Livanos family and Onassis Foundation plan to take GasLog private

In what Chairman Peter Livanos calls “a transformative next step,” Piraeus, Greece, based LNG carrier specialist GasLog Ltd. reports that it has entered into an agreement and plan of merger with BlackRock’s

Maersk may barge containers in and out of Baltimore

Boxes lost overboard after “safety feature” triggered engine shut down

Maersk today gave more details of the February 17 incident in which the 13,100 TEU containership Maersk Eindhoven lost 260 containers overboard while en route to the U.S. West Coast. The incident

Royal Caribbean’s Fain still confident of return to positive trajectory

Royal Caribbean Group (NYSE: RCL) today reported financial results for the fiscal year of 2020 that included a U.S. GAAP net loss of $5.8 billion compared to net income of $1.9 billion

JAX LNG and TOTE notch up an LNG bunkering first

JAX LNG and TOTE Services recently completed their first ship-to-ship liquefied natural gas (LNG) bunkering of a foreign-flagged vessel at the Jacksonville Port Authority (JAXPORT). Crews loaded 1,800 cubic meters (about 450,000

IMO and WISTA launch Women in Maritime Survey

To examine the proportion and distribution of women working in the maritime sector, from support roles to executive level positions, the International Maritime Organization (IMO), and the Women’s International Shipping & Trading

Oaktree takes a stake in Rand Logistics

Private equity firm American Industrial Partners (AIP) has agreed to sell what it calls “a significant minority stake” in Great Lakes operator Rand Logistics to funds managed by Oaktree Capital Management’s Transportation

Car carrier giant plans to build wind-powered PCTC

Oslo-headquartered Wallenius Wilhelmsen is planning to build the world’s first full-size wind-powered pure car and truck carrier. To be called Orcelle Wind, the 220- by 40-meter ship will have the capacity to

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

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