China Merchants Energy Shipping (CMES) has placed an order for the construction of two 307,000 dwt very large crude carriers (VLCCs) with compatriot Dalian Shipbuilding Industry (DSIC). Chine Merchants claims to be the world’s largest VLCC and VLOC owner. The order comes in the wake of the contract
Investments in the reduction of air emissions from ships would no longer be possible in a post coronavirus world, European shipping companies said in a new survey report.
Ten new 2,800 TEU containerships being built for the Taiwanese shipping company Yang Ming by compatriot shipbuilder CSBC Corporation are set to receive Smart Ship notations from leading classifications societies including ABS, DNV GL, BV, and CR Classification Society. Smart technology helps owners
Retrofittable solutions have the potential to bring double-digit savings for owners with a return on investment period of less than three years, according to a project carried out under Green Ship of the Future (GSF), an independent non-profit organization which explores the road towards emission-fr
Alfa Laval, a Swedish-based supplier of products and solutions for heat transfer, separation and fluid handling, has joined the ‘1.5°C Business Playbook’, a spin-off from the ‘Exponential Roadmap’ initiative. The playbook is a guide for climate strategy and action, and it aims to transform the econo
Rand Logistics completed the acquisition of American Steamship Company (ASC) from GATX Corporation.
Classification society ClassNK has granted AIP to NYK Line and its group company MTI Co., Ltd. for their joint project on the concept design of an autonomous ship framework.
Cargotec’s MacGregor has received orders to provide equipment to four offshore wind service vessels for Edda Wind, Østensjø Group’s offshore wind business unit. Two of the equipment packages were awarded by the Spanish Astilleros Gondán, who is building the zero-emission prepared commissioning servi
Being able to conduct port operations remotely has surfaced as one of the key issues for terminal operators in the wake of changing business environments and challenges to business operations posed by the COVID-19 pandemic, a survey conducted by Navis, a Cargotec company, shows. Navis said that it h
On Monday morning an automated driverless truck for containers delivered containers to load a containership and collected unloaded containers from the vessel at the Port of Xiamen, passing a trial run as part of a project aimed at developing 5G smart ports! The project is being developed by terminal
Panama Canal has secured a steady draft for the upcoming period ensuring an operational level of water and transit reliability in the second half of 2020, the canal authority said in the latest update. The announcement is being made as the canal resorted to water-saving measures earlier this year af
A new service featuring 18 mega-ships is being launched this week between the Port of Oakland and Asia, including the first-ever direct link between the port and the Middle East. The service, called the Far East-Pacific 2, would be operated by Japan’s ONE line. The first ship in the service, the ONE
The Port of Long Beach has secured a $500 million loan from the U.S. Government to help finance a massive infrastructural project aimed at allowing larger ships to enter the port. “This $500 million federal investment reflects the President’s continued emphasis on infrastructure that will reduce tra
Spanish ferry operator Baleària is working towards being the first shipping line in the world to obtain the Global Safe Site Covid-19 badge at the highest level (Excellence) from the international certification and inspection body Bureau Veritas.
