Future plans Liquid biofuels are expected to have an important role to play in meeting future fuel requirements as the energy transition progresses and petroleum demand begins to come under pressure. Increasingly, these required biofuels wi

Whats new? RightShip is pressing ahead with its vision for a zero-harm maritime industry by enhancing the methodology for its well-established Greenhouse Gas (GHG) Rating, which has been providing emissions data transparency and insights to

Recently, COSCO Shipping Specialized carriersCOSCO Shipping Harmony loaded with 2,387 commercial vehicles departed toItaly. ItmarksCOSCO Shipping Specialized carriersfirst commercial vehicles exported to the Mediterranean routelaunched. Thi

On November 3, a christening ceremony was held for the 3,000 CEU multi-purpose ro-ro cargo ship No. 2 built by Guangzhou Shipyard International for COSCOShipping Ferry, a subsidiary of COSCO Shipping Group. The ship was christened CHANG LON

The Baltic Exchanges dry bulk sea freight index (.BADI) extended its losing streak to a 12th session on Thursday, pressured by waning capasize rates due to low iron ore shipments to China. The overall index, which factors in rates for capes

High energy prices in Europe have shifted aluminium production to China. Due to Chinas increasingly depleted bauxite reserves, this shift has resulted in an increase in bauxite shipments, benefitting the capesize segment. Guinea, the worlds

International shipbrokers IFCHOR and Galbraiths have agreed to merge and are in the final stages of completing a share for share agreement which is expected to close in the next few weeks. The new entity will be headquartered in Switzerland

In Q1 of 2023, the GHG Rating methodology will be updated to incorporate Energy Efficiency Existing Ship Index (EEXI) values. RightShips proprietary GHG Rating algorithm already uses data and outputs from either the Existing Vessel Design I

Grain export shipments from Ukraine resumed on Wednesday as Russia said it was rejoining a deal brokered by the UN and Turkey to establish a safe Black Sea corridor. Turkish President Recep Tayyip Erdogan told parliament that shipments will

DNVs office in Shanghai Shanghai, China, 3 November 2022: DNV has launched a Shanghai-based Gas Carrier and Alternative Fuels Expert Team to support key stakeholders amid strong growth in two thriving markets in China: large gas carriers an

A few days ago, Fujian Shipbuilding, a subsidiary of Fujian Shipbuilding Industry Group, obtained orders for six 7500CEU LNGdual fuelpowered PCTCs. So far, Fujian Shipbuildinghas received 31 new orders this year. In addition to this order,

At about 1825 on October 31, the bulk carrier CAPE BRILLIANCE collided with the fishing vessel Suqiyu 05108 (position: 3049N12317E) in the East China Sea. The accident led to the sinking of the Suqiyu 05108, with 14 people falling into the

Atlas Corp, which controls Seaspan, has entered into a definitive SP Agreement with Poseidon Acquisition Corp (a consortium of affiliates of Fairfax Financial Holdings Limited, affiliates of the Washington Family, Atlas Board Chairman David

DP World is expanding its operations in China by signing a Memorandum of Understanding (MOU) to support logistics and trade development at the Lin-Gang Special Area, a free trade zone in Shanghai. The MOU was signed today with Shanghai Lin-

MAN Energy Solutions has announced that its portfolio of two-stroke, dual-fuel engines has passed more than 1,000 units on order or in service. The engines can run on a variety of alternative fuels, including LNG, methanol, ethane and LPG.