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Hapag-Lloyd secures “green loans” for its newbuildings

Hapag-Lloyd has announced two new agreements, a syndicated loan of US$417 million and lease financing of US$472 million, for the financing of six ultra-large...

Bunker prices remain steady says MABUX

The World Bunker Index Marine Bunker Exchange (MABUX) was steady over the past week with no real firm trends noted. In particular, the 380 HSFO...

Covid-19 developments provokes fuel market volatility

The Covid-19 pandemic’s spread is taking centre stage again and markets are getting increasingly worried about the long duration of the European lockdown as...

Wan Hai takes delivery of third JMU vessel

Taiwan carrier Wan Hai lines took delivery of its third vessel in a series of eight 3,055TEU ships ordered at the Japan Marine United...

Shipowners lured by scrubbers and 380HSFO

The combination of scrubbers and 380 HSFO seems more attractive to the shipowners after the global scrubber spread (the price difference between 380 HSFOs...

Maersk’s vision of fuel in the future, does not include the fuel of the future

When class society DNV GL labelled LNG as the fuel of the future, some eight years ago, the group became tied to the phrase....

Abu Dhabi Ports strikes a couple of digital deals

Abu Dhabi Ports has proceeded with a couple of agreements aiming to accelerate its digital transformation and improve the efficiency of its operations and...

Is the maritime sector out of step?

Global warming is a ticking time-bomb that could destroy us all or it could be a dud, failing to explode at the expected time....

Is good a perfect enemy? DNV GL’s LNG conundrum

On the day that CMA CGM announced the arrival of its first of its nine LNG powered ultra large container ships, the Jaques Saade,...

DNV GL calls for carbon taxes

Classification society DNV GL has called for policy makers to grasp the nettle and introduce regulations that will drive decarbonisation in the maritime sector...
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WEC Lines invests in new container units

Dutch shipping company WEC Lines has announced the addition of 200 brand new 20ft High-Cube Pallet-Wide containers and 200 45ft High-Cube Pallet-Wide containers to...

Maersk and Bahrain sign agreement for ship recycling project

Bahrain's Ministries of Transportation & Telecommunications and of Industry & Commerce signed a Memorandum of Understanding (MoU) with A.P. Moller–Maersk to explore and establish...

ILA President warns of potential strike at Atlantic and Gulf Coast Ports in October

Harold J. Daggett, President of International Longshoremen’s Association (ILA), said the threat of a strike at all Atlantic and Gulf Coast Ports is becoming...

Oakland Board of Port Commissioners elects new president

The Oakland Board of Port Commissioners has elected Michael Colbruno as board president. Andreas Cluver has been chosen as the first vice president, succeeding...