A $1.8 billion state-of-the-art container facility on the Lower Mississippi River is in the making by the Port of New Orleans, MSC’s terminal investment arm Terminal Investment Limited (TiL) and Ports America. New Jersey-based Ports America, and one of North America’s largest marine terminal operato
Norwegian shipping company Stolt–Nielsen Limited has joined the critics of the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), which comes into force in January 2023. The company explained why the CII is causing headaches for the chemical tanker segment and may even pro
The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the
If Korea, the leading shipbuilder in the world, fails to rapidly embrace the clean energy transition in ocean shipping, it risks losing its foothold and dominance in the shipping and shipbuilding industries, a newly issued report says. The report was developed by Solutions for Our Climate (기후솔루션) an
Chinese shipbuilder Xiamen Shipbuilding Industry, part of Fujian Mawei Shipbuilding, has held a steel cutting ceremony for a 2,900 TEU feeder being built for Eastern Pacific Shipping (EPS). This is the third vessel from a series of six firm vessels, ordered back in March 2022. Under the contract, EP
CSSC-MES Diesel (CMD), a subsidiary of CSSC Power (Group), celebrated a massive milestone last week with the successful completion of the factory acceptance test (FAT) for CMD-MAN 8G95ME-C10.6-EGRTC main engine. This is the first CMD-MAN 8G95ME-C10.6-EGRTC main engine built by CMD in China. The test
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding hosted a naming ceremony for two LNG-powered bulkers built for Taiwanese bulk carrier company U-Ming Marine. The two Capesize bulkers ( 187,300 dwt and 210,000 cbm) were named Ubuntu Harmony and Ubuntu Equality during an online ceremony held simul
The Marine Environment Protection Committee meeting at the UN International Maritime Organisation (IMO) kick-started on Monday with delegates arriving in London to meet in person for the first time since 2019. The delegates were off to a dramatic start as Ocean Rebellion, a grassroots international
Taiwanese shipping company Wan Hai Lines has launched a tender for the demolition of ten containerships. The veteran boxships have reached the end of their operational lives as they are all over 20 years old, with their respective construction dates ranging from 1994 to 1998. The demolition sale wil
Netherlands-headquartered biofuel provider GoodFuels has delivered 140 mt of 100% biofuel to AIDAprima, Carnival Corporation’s AIDA Cruises vessel. AIDAprima, the Aida Cruises Hyperion-class cruise ship, was refuelled with GoodFuels’ sustainable biofuels, without blending with conventional marine fu
The CEO of A. P. Møller – Mærsk A/S (Maersk) Soren Skou, who has led the transformation of the company from a diversified conglomerate to an integrated logistics company, is retiring. Vincent Clerc, currently CEO of the company’s Ocean & Logistic business, will succeed as CEO of Maersk effective 1 J
Norway’s cleantech company TECO 2030 and China-based SinoHyKey technology company (SHK) have signed an agreement, according to which, SHK will provide the Membrane Electrode Assembly (MEA), a key component in the TECO 2030’s fuel cell system to decarbonise marine transportation. “I am pleased to ann
Japanese shipowner Mitsui O.S.K. Lines (MOL) plans to trial the use of the satellite communication service Starlink, offered by Elon Musk’s Space Exploration Technologies Corp.(SpaceX), on its operated ships. As informed, MOL signed a Memorandum of Understanding (MoU) with maritime connectivity spec
German shipbuilding group Meyer Werft has postponed the delivery of the LNG-fueled ship Carnival Jubilee, which is being built for the US-based Carnival Cruise Line. The cruise ship is under construction at Meyer Werft in Papenburg, Germany. Meyer has notified Carnival that due to supply chain logis
