The 2M alliance has suspended one of its six Asia-Europe services, the AE1/Shogun loop, as MSC takes deliveries of five 24,000 TEU ships, according to Alphaliners latest report. The Shogun loop is the first Asia-Europe service that a major

The long-term cooperation and a joint journey to develop the energy-efficient and low-emission supply chain of clean petroleum and bio products started already in 2013. North European Oil Trade (NEOT) has currently six of Terntanks vessels

South Koreas Daewoo Shipbuilding Marine Engineering Co. won an order to build two liquefied natural gas carriers for 679.4 billion ($521 million) from Maran Gas, a subsidiary of Greeces largest shipping company, the Angelicoussis Group. The

Ocean Network Express Pte. Ltd (ONE) announces that it has ordered 10 large new container vessels with a carrying capacity of over 13,700 TEU to be delivered in 2025 and 2026. This new order is in line with the companys medium-term strategy

Antigua and Barbuda and the United Arab Emirates have become the latest IMO Member States to accept amendments to the Convention on the International Maritime Organization, which will expand the size of the Council, extend the term of its M

The United Nations High Seas Treaty is an international agreement aimed at regulating the use and exploitation of the worlds oceans beyond the limits of national jurisdiction. The treaty, first proposed in 2004, aims to provide a framework

Nippon Yusen Kabushiki Kaisha (NYK), a leading Japanese shipping company, and FueLNG, a joint venture between Keppel Offshore Marine Ltd and Shell Eastern Petroleum (Pte) Ltd, have completed the first bunkering to an LNG-fueled pure car and

ClassNK has issued four Approvals in Principle (AiPs) for GTTs following latest development projects in alternative fuels, which were handed over during a ceremony in Tokyo on 6 March 2023. - Concept of 12,500m3 LNG Dual-fuelled VLCC fitted

On 24 February 2023, the one year anniversary of Russias invasion of Ukraine, the US Department of State and the US Department of Treasurys Office of Foreign Assets Control (OFAC) imposed sanctions on numerous additional individuals, entiti

MAN Energy Solutions supplies three salt-powered reactor systems for the production of biodegradable plastic to a leading Chinese chemical company. MAN Energy Solutions has completed the worlds largest salt-operated reactors for a new malei

On 25 February 2023 the EU adopted its 10th package of sanctions against Russia. The relevant EU Regulations and Council Decisions can be found here but of particular significance for members is Council Regulation (EU) 2023/427 which furthe

IMO has welcomed the landmark agreement on a new oceans treaty to protect marine biodiversity on the high seas. The new legally binding international instrument on the conservation and sustainable use of marine biological diversity in areas

Global increase in CO2 emissions (IEA) The expansion of renewable sources prevented carbon dioxide (CO2) emissions from increasing significantly in the energy crisis during 2022, but they did reach their historical maximum. The risk of rapi

Mar 5 UPDATE: Refloated at around 2030 UTC Mar 4, berthed at Buenos Aires at 2130 UTC. The ship ran aground after blackout, not only tugs but dredger as well, have been deployed to free her. Mar 4: Container ship EVER LIVELY ran aground at

The decarbonization of international shipping is a priority for IMO and by mid-2023, the organization aims to have in place a revised and strengthened Strategy on Reduction of GHG Emissions from Ships. A new IMO project aims to provide an a