MOL signs charter deal for two new LNG carriers
JAPANESE transportation company Mitsui O.S.K. Lines and British energy company Ineos Energy Trading signed an agreement for the charter of two newbuild LNG carriers. The vessels...
K+N appoints Kiwi to management board
KUEHNE+Nagel’s board of directors has appointed Michael Aldwell to its management board. Mr Aldwell is to assume responsibility for the sea logistics business unit and succeed...
Green Marine joins Methanol Institute
THE METHANOL Institute has welcomed multi-disciplinary methanol consultancy Green Marine as a new member. The Denmark-headquartered company has recently finalised a specialist...
Human factor a key consideration in ammonia safety: report
A NEW report on ammonia safety outlines considerations for limiting the toxicity risks of ammonia as a marine fuel, particularly for crews. Lloyd’s Register Maritime...
Hydrogen for export plant takes a step forward
ASX-listed Provaris Energy has entered into a collaboration agreement with Norwegian Hydrogen to move to the next phase of development for the FjordH2 project at Ørskog in the...
Ship recycling convention to enter into force
LIBERIA has ratified the International Convention for the Safe and Environmentally Sound Recycling of Ships, triggering the convention’s entry into force. It follows Bangladesh’s...
Incat-Crowther designed crew transfer vessel enters service
THE FIRST 32-metre parallel hybrid crew transfer vessel designed by Incat Crowther for Emden-based EMS Maritime Offshore (EMO) has been delivered. According to the Australia-based...
International Day of the Seafarer
EVERY year since 2010 on 25 June, we mark the International Day of the Seafarer. This year, the International Maritime Organization has chosen to focus on seafarers’ contributions...
Zim to bring digital financing service to Australia
ZIM has expanded its partnership with cross-border trade financing platform 40Seas, with plans to bring the new service to Australia. Zim announced in January it had invested in...
Baltic Exchange weekly report
THE BALTIC Dry Index saw a steady increase over the past week, rising from 1065 on Monday to 1240 on Friday (23 June). This is a continuation, albeit on a sharper incline, of the...
World Container Index continues to fall
DREWRY’S composite World Container Index decreased by 3.5% to US$1535.75 per 40-foot container this week. The index has dropped by 78.9% compared with the same week last year. It...
Maersk to convert ship to run on methanol
MAERSK is getting ready to retrofit an existing containership with a methanol dual-fuel engine. It claims the conversion will be a first for the shipping industry. The conversion,...
Wallenius Wilhelmsen enters biofuel partnership with ExxonMobil
WALLENIUS Wilhelmsen has signed a biofuel contract with ExxonMobil with a goal to reduce emissions in the shipping industry. The contract entails the delivery of sustainable...
IMO talks blue economy decarbonisation challenges at UNCTAD session
THE INTENRATIONAL Maritime Organization provided input on challenges for maritime transport at a recent meeting of the United Nations Conference on Trade and Development. The...
DNV to acquire cybersecurity firm
DNV has announced plans to fully acquire cybersecurity firm Nixu, a move it believes will build cyber resilience in the maritime industry. A recent public tender offer saw DNV...
