X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the world’s largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and…
DNV Issues AiP for SeaTech Solutions’ Ammonia Bunkering Vessel Design
Classification society DNV has awarded an Approval in Principle (AiP) to SeaTech Solutions for the design of a new 10,000cbm ammonia bunkering vessel, being developed in collaboration with Oceania Marine Energy.Measuring 130-metres,
Maersk Ready for Ops with New Methanol-Fueled 17,480 TEU Container Ship
Danish shipping group A.P. Moller - Maersk has named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion, which will operate under the name of Berlin
RAstar Tug Pair Delivered, Set Sail for Mexico
Cheoy Lee Shipyards recently delivered two RAstar 3200-CL tugs bound for Coatzacoalcos, Mexico. CMM Azteca and CMM Mexico will sail on their own bottom all the way from Hong Kong and begin operations in
Tanker Vessel Market Flashes Yellow as Middle East Burns
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.Geopolitical risk has spiked following
Okeanis Eco Tankers Takes $65M Loan to Refinance VLCC
Okeanis Eco Tankers (NYSE: ECO / OSE: OET) has secured a new $65 million term loan facility to finance the repurchase of its VLCC Nissos Kea under a previously announced sale-and-leaseback option.
EU Plans Phase Out of Russian Oil and Gas Imports
The EU Commission has put forward a proposal to gradually stop the import of Russian gas and oil into the EU by the end of 2027. This will help the EU become
Canada Trials S-100 on St. Lawrence River
The Canadian Hydrographic Service (CHS), under Fisheries and Oceans Canada, is taking a leading role in validating new digital hydrographic standards, with the Minister of Fisheries, Joanne Thompson, launching S-100 sea trials
Briggs Marine Signs $244m Contract With UK Ministry of Defence
Briggs Marine, a leading provider of marine services, has been awarded a contract with the UK Ministry of Defense (MoD) to supply and maintain Authority Moorings, Markers, and Targets over the next
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