Chengxi Shipyard, a subsidiary of China State Shipbuilding Corporation, has signed a contract with China Shipbuilding Industry Trading and Huaxia Financial Leasing for the construction of two 82,600-ton bulk carriers. The Kamsarmaxes have been independently developed by CSSC Chengxi. The deal builds
William Camargo, Minister of Transport of Colombia, expressed his interest in applying the hydrogen knowledge acquired in the Port of Valencia, Spain, to Colombian ports. “We will try to apply the hydrogen knowledge we are acquiring in the Port of València to our ports”, Camargo stated during his vi
The Port of San Diego has taken delivery of two new all-electric Gottwald Generation 6 Mobile Harbor Cranes from Konecranes at the port’s Tenth Avenue Marine Terminal (TAMT). “The new cranes are the first of their kind in North America and will help the port improve public health and air quality, a
The world’s largest containership, MSC Michel Cappellini, was named in Bremerhaven today, MSC Mediterranean Shipping Company said. Measuring an impressive 400 meters in length and boasting a capacity to carry up to 24,346 containers, the MSC Michel Cappellini is the crown jewel of the brand-new Cele
Norwegian RoRo shipping company Höegh Autoliners has exercised the option to build an additional four new multi-fuel and net zero carbon ready Aurora class vessels. The shipping company will have the option to convert one or more of these vessels to ammonia propulsion as soon as the technology is av
Dutch producer and distributor of hydrogen-based products OCI Global has completed what has been described as ‘the world’s first green methanol bunkering operation’ at the Port of Ulsan, Korea. The bunkering operation took place on Sunday, July 16, when OCI fueled A.P. Moller Maersk’s first green me
The 129th session of the Council of the International Maritime Organization (IMO) has commenced, bringing together representatives from member states worldwide. The event takes place from the 17th to the 21st of July 2023. A key highlight of this session will be the election of the new IMO Secretary
A very large crude carrier the Nautica, bought in March by the UN Development Programme (UNDP) from Euronav, as part of a coordinated operation to remove oil from decaying FSO Safer, has arrived in Yemen. The arrival of the VLCC has been confirmed by Yemeni Foreign Minister, Ahmed Bin Mubarak. Nauti
The second newbuild LNG dual-fuel very large crude carrier (VLCC) has been delivered to UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC). ADNOC confirmed the delivery of the vessel named Hasbhan on 17 July. This is th
The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen
The 80th session of IMO’s Marine Environment Protection Committee (MEPC 80) has initiated the review of the short-term measures, ie the Carbon Intensity Indicators (CII), Energy Efficiency Existing Ship Index (EEXI) and Ship Energy Efficiency Management Plan (SEEMP), by approving the plan for such a
Port of Sines, a major port in Portugal, and Companhia Siderúrgica Nacional (CSN), a leading steel producer in Brazil, have signed a Memorandum of Understanding (MoU) as part of the Global Gateway initiative of the European Commission. The agreement aims to establish the scope, rules, and guiding pr
UAE-based shipping company Transworld Group and Hong Kong-based ship management company Fleet Management (FLEET) have established a new ship management joint venture, Transworld Fleet Management. The JV will provide dedicated technical management services to Transworld Group’s fleet which includes c
The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s le
