High scrapping prices bring surge in vessel demolition
Online valuation and data provider VesselsValue reports that the first half of 2021 saw 275 cargo vessels sold for scrap, up 40% and 33% compared to 2020 and 2019, respectively. The 275
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Plaquemines Port moves ahead on rail logistics
Plaquemines Port Harbor & Terminal District in Louisiana reports that Plaquemines Port’s proposed gulf gateway container terminal has moved a further step closer through partnerships with LA23 Development Company (Devco) and Sustainability
Energy density matters
By Steve Esau, General Manager, SEA-LNG Why does the energy density of marine fuels matter, especially when considering LNG and other future fuels? It matters because it informs new build investment decisions,
Vessel total losses still low, but …
There’s good news and bad news in the latest annual Safety & Shipping Review from insurer Allianz Global Corporate & Specialty SE (AGCS). The good news is that international shipping industry continued
Novel LNG-fueled box ship puts deckhouse up front
The newbuilding department of Germany’s NSB Group has developed an interesting concept for an LNG-fueled containership of 3,500 TEU capacity, including about 940 FEU of reefer containers. One striking feature of the
MAN engine will be first to power methanol-fueled box ship
MAN Energy Solutions has won the order to supply the world’s first, low-speed, dual-fuel engine to run on methanol in the container segment. It will power the carbon neutral, methanol fueled 2,100
Erma First adds world’s smallest BWTS to product range
Perama, Greece, headquartered ballast water equipment manufacturer Erma First has acquired oneTank LLC, a subsidiary of Seattle-headquartered naval architecture and marine engineering firm Glosten. Erma First says the acquisition will see it
ZIM and Seaspan take step towards ammonia fueling
Haifa, Israel, headquartered ZIM and containership leasing giant are opening the way for possible future ammonia fueling of five of ten 15,000-TEU LNG-fueled containerships on order at South Korea’s Samsung Heavy Industries.
Atlantic Towing selects Vard Electro for PSV battery hybrid conversion
Saint John, New Brunswick, headquartered J.D. Irving Group company Atlantic Towing has selected Vard Electro to integrate a hybrid battery system into the diesel-electric propulsion plant of its 2017-built PSV Atlantic Shrike.
Biden targets detention and demurrage charges
Should containership lines and ocean shipping alliances be getting hot and bothered by President Biden’s executive order aimed at increasing competition in U.S. economy? The only aspect of liner shipping specifically addressed