Introduction Despite LNG carriers accounting for a mere 1.45% of the total cargo fleet, the overall value of LNG sale and purchase transactions accounted for nearly 12% of all cargo transactions that took place in 2022, up from 3% in 2021.

DB Schenker is expanding its green ocean freight services and has secured an arrangement to use 12,000 metric tons of biofuel component for all of its own consolidated cargo, less-than-container load (LCL), full-container-load (FCL) and ref

Digital Container Shipping Association(DCSA) today announces its nine ocean carrier members commit to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. Switching away from the transfer of physical paper bi

15 February 2023, London: The Board of the International Chamber of Shipping (ICS),which represents over 80% of the worlds merchant fleet,has submitted a revised proposal to the International Maritime Organization (IMO) that reaffirms the i

Accra,Ghana Africahasanopportunitytobecomeaworldleaderinseafarertrainingandcould yet claim many of the new green jobs up for grabs as the global shipping industry transitions to low- and zero-carbon fuels, attendees were told at the Green S

Long-term MAN Energy Solutions licensee, Mitsui ES Machinery, has won another contract to supply the individual MAN BW 6G50ME-LGIM (-Liquid Gas Injection Methanol) engine for a 65,700 dwt bulk carrier slated for construction at Tsuneishi Sh

According to Yonhap News Agency, the South Korean government announced on February 14 that it would replace all ocean going vessels over 5,000 DWT with Eco-friendly powered vessels by 2050 to achieve net zero GHG emissions from internationa

Alliances for Decarbonization Affinity and Wilhelmsen Ship Management form EU ETS compliance company: Wilhelmsen Ship Management (WSM) and shipbroker Affinity Shipping have signed a memorandum of understanding (MOU) to jointly establish an

Accelleron will provide fixed-price turbocharger servicing for five vessels belonging to Associated Maritime Company (Hong Kong) Ltd. (AMCL) over an initial five year period. AMCL is a professional tanker management company under the oil tr

Image: CIMC China International Marine Containers (CIMC) has provided more details regarding a recent containership order that Switzerland-based shipping giant MSC placed at Zhoushan Changhong International Shipyard. Zhoushan Changhong Inte

Taipei, Feb. 14, 2023 Wan Hai Lines Ltd. held ship naming ceremony for WAN HAI A09 accompanied by a charity donation today (14TH February) at Samsung Heavy Industries Geoje shipyard. WAN HAI A09 is the third vessel in the series of 13,100 t

Whilst container, reefer, and passenger vessels are so far the only vessel types required to control their emissions while berthed in California, from 1 April 2023,allvessels must submit a report to the authorities within 30 days after visi

Photo credit: Marine Traffic / Robbie Cox Spain has prohibited the entry of Singapore-flagged tankerMaersk Magellaninto Tarragona port due to it transporting oil products originating from a Russian ship, Spains Transport Ministry said on Fr

CIMC Wetrans, the logistics unit of Shenzhen-based energy and chemical equipment maker China International Marine Containers (Group) Co Ltd, has set up its Asia headquarters in Singapore as part of its efforts to expand its global footprint

Wrtsil plans to further focus on end-to-end voyage optimisation and to move part of Voyage business activities to Portfolio Business Following the announcement in October 2022, Wrtsil has integrated the Voyage business into Wrtsil Marine Po