News

New York has finalized contracts for two offshore wind projects that will generate a combined 1,700 megawatts of renewable energy for the state. New York

Finding new sustainable energy sources such as alcohol, biomethane and ammonia offers the shipping industry its best opportunity for reaching its net-zero

Finnish technology company Norsepower has confirmed fuel savings of more than 8 percent from a trial of its Rotor Sails onboard the Maersk Tankers product

By Francois de Beaupuy (Bloomberg) –French floating wind farm developer Eolfi SA is seeking new investors to fund the next stage of its expansion, people

By Josh Hutchinson, CEO of ARX Maritime Ever since their inception back in the 1920s, Flags of Convenience (FoC) have been a subject of no small amount of

By Gavin van Marle (The Loadstar) – Container terminal operators are facing higher risks than at any time in the industry’s history, according to a new

A federal judge in Southern District of New York has issued a judgement for the forfeiture of a North Korean cargo vessel held by the U.S. since May over

By Jonathan Saul and Nina Chestney LONDON, Oct 23 (Reuters) – From higher-quality paint to state-of-the-art propellers: shipping companies are looking in

Ship owners and operators who have opted to retrofit their vessels with Exhaust Gas Cleaning Systems, aka scrubbers, to comply with the upcoming IMO 2020 low

The International Union of Marine Insurance says it’s time to take action to address an alarming number of containership fires occurring in 2019. So far

The first oil pumped from the giant Johan Sverdrup field in the North Sea has reached Mongstad, Norway where it will be prepared for shipping to markets around

Russian shipping company Sovcomflot has sent two more large-capacity, LNG-powered tankers through the Northern Sea Route. According to the company, the Aframax

The Unified Command responding to the overturned Golden Ray in St. Simons Sound, Georgia said the source of white smoke that was emanating from over the

By Firat Kayakiran and Olivia Konotey-Ahulu (Bloomberg) –China’s demand for crude oil shows no signs of abating. There are currently more supertankers

The joint venture operating icebreaking LNG carriers for Yamal LNG have been exempted from U.S. sanctions against COSCO tanker units, Russian natural gas

DUBAI, Oct 22 (Reuters) – Port operator DP World reported on Tuesday a third quarter decline in cargo handled across its global portfolio as volumes fell

OSLO/MOSCOW, Oct 22 (Reuters) – A Russian icebreaking vessel with 33 people on board made a Mayday call during a storm off the coast of western Norway on

By David Ramli (Bloomberg) –Singapore’s Temasek Holdings Pte plans to take control of Keppel Corp. for about S$4 billion ($3 billion) and undertake a

(Bloomberg) –Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to compensate for potential

By Noah Browning LONDON, Oct 21 (Reuters) – New global rules forcing ships to reduce air pollution by using cleaner fuels will see more sulfur and