SAAM, a company providing port, logistics and towage services in the Americas, concluded the purchase of 21 tugboats from the Brazilian company Starnav. Starnav’s fleet includes 19 tugs currently in operation and two additional vessels in the final phase of construction. “This is one of the largest
Japanese shipowner Nissen Kaiun has placed a new order for eight tankers, each with a capacity of 50,000 deadweight tons (dwt), according to a recent report from Intermodal. The vessels will be fully compliant with Tier III and EEDI Phase 3 regulations, which sets strict limits on carbon emissions a
Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down
SAIC Anji, a wholly-owned subsidiary of China’s SAIC Motor specializing in automotive logistics business, has placed an order for four methanol-ready car carriers.
Danish container shipping major Maersk has reported a massive drop in its ocean revenue for the first quarter of this year, plunging by $5.7 billion to $9.9 billion year-on-year amid lower freight rates and softened demand. Last year saw a record performance of container shipping majors, impacted by
CEVA Logistics has signed a new 10-year lease agreement with its parent company CMA CGM to operate four Eastern Pacific Shipping’s (EPS) LNG dual-fuel hybrid deep-sea vessels.
Italian maritime transportation group Fratelli Cosulich, in partnership with IPLOM (Piedmont Industry Processing Mineral Oils), has begun producing and supplying its own bio VLSFO to reduce the GHG intensity of marine fuels and meet the EU requirements. Fratelli delivered bio VLSFO in collaboration
Silversea Cruises, part of Royal Caribbean Group, has marked the float out of the new ship Silver Nova, which will run on liquefied natural gas (LNG).
French fuel supplier TotalEnergies Marine Fuels has completed its first biofuel bunkering trials in France together with compatriot ferry operator Corsica Ferries.
Finnish technology company Wärtsilä and DNV’s industry cloud platform Veracity have entered into a partnership with Anglo-Eastern to work on vessel compliance reporting.
MISC Berhad has unveiled – what it deems to be – the world’s first future-ready newbuild floating production storage and offloading vessel.
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (KSOE) has signed contracts for eight new ships, including six liquified natural gas (LNG) carriers and two liquefied petroleum gas (LPG) carriers.
Prosafe has met its previously announced timeline for the start of operations of its third semi-submersible vessel offshore Brazil.
Prosafe has embarked on a quest to find a new CEO, as its current one decided to resign after more than six years in the role.
