Prototype Onboard System Captures 85% Carbon
The EverLoNG initiative, focusing on pioneering SBCC technology, has reported successful capture rates reaching 85% in its preliminary trials.
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CMA CGM Launches Redesigned Container Ship Look
Across Asia a new generation of containerships is being launched, marking the dawn of an environmentally friendlier phase in maritime transport.
MSC Conducts Trials for State-of-the-Art Bow Windshield
MSC has joined the ranks of shipping lines experimenting with bow windshields as a strategy to reduce fuel expenses.
Arkas Line Establishes Footprint in the United States
Arkas Line is broadening its presence in the US, establishing connections between Mediterranean, Black Sea, African ports & the eastern seaboard.
Star Bulk’s Kamsarmax Newbuild Series Now Five
Greek dry bulk giant Star Bulk Carriers discloses further developments in its fleet renewal efforts, revealing additional kamsarmax newbuilds.
Sanctioned Russian Tanker Immediately Reverses
Following the imposition of US sanctions, a Russian oil tanker swiftly altered its course near Portugal.
QatarEnergy and Nakilat Land Deal for 25 LNG Newbuilds
Based in Doha, Nakilat will acquire 174,000 cubic meter units scheduled for construction in South Korea and lease them to QatarEnergy affiliates.
2020 Bulkers sells Newcastlemax pair for $127m
2020 Bulkers, the owner of Newcastlemax vessels, has divested two bulkers constructed in 2019 to an independent third party for $127.5 million
Capesize Dominates with S&P deals
Investors in the cape market showed significant interest last week prior to the start of the Chinese New Year festivities.
6 Chemical Tankers Ordered in New Venture by NYK & Stolt
NYK Stolt Tankers, a collab between the Japanese company NYK & chemical tanker leader Stolt-Nielsen, places order for 6 stainless steel vessels.
Shih Wei Navigation Finalizes Bulker Orders
Shih Wei Navigation recently broke a nearly ten-year streak without orders by entering agreements for the construction of new bulk carriers.
Hayfin Contracts Oshima Shipyard for Construction of Bulkers
Hayfin Capital Management has secured the services of Oshima Shipbuilding in Japan to develop two post-Panamax bulk carrier new constructions.
Vietnam's VLCC Fleet Demonstrates Continuous Growth
Greece's Capital Maritime and Trading has recently completed the sale of the most recently built VLCC now flying the Vietnamese flag.
GEFO Secures 10 Chemical Tankers for Strategic Operations
GEFO is extending its fleet by acquiring 10 chemical tankers crafted from stainless steel at the Xiangyu shipyard in Nantong, China.
ARC Ro-Ro Ship Now Under U.S. Flag
ARC has successfully expanded its maritime fleet, welcoming its ninth U.S.-flagged roll-on roll-off vessel, now known as the M/V ARC Honor.