Global Maritime News

The shipping industry is setting its sights on efficiency. Thanks to internal corporate social responsibility (CSR) initiatives and external pressures from regulatory agencies, fleet operators are beginning to take action…

A new study commissioned by SEA-LNG has found that liquefied biomethane (bio-LNG) can make a significant contribution to maritime decarbonisation, reports Hellenic Shipping News. Conducted by the Center for Excellence…

Over 300 UK offshore drilling and contract maintenance workers employed by Archer, Maersk, Transocean and Odfjell have backed a strike action, labor union Unite has confirmed. The industrial action, supported…

Tsuneishi Following many rounds of sanctions levelled against Russia, the Baltic Exchange has decided to suspend covering three tanker routes as well as changing the description of another Black Sea…

With a record orderbook looming, tonnage supply could outstrip vessel demand next year with analysts at Alphaliner warning this week that the liner shipping market could be headed towards structural…

Anemoi Marine Technologies, a UK provider of rotor sails, has reached an agreement with COSCO Shipping Heavy Industry (CHI), one of China’s major shipbuilding organisations. CHI has nine yards capable…

On August 1, the Port of New York and New Jersey (PANYNJ) announced a new container imbalance tariff to help tackle the growing problem of empty containers. Ocean carriers would be required…

SAAM Germany’s Hapag-Lloyd has struck a deal with Chilean multinational port services company SAAM to buy its subsidiaries SAAM Ports and SAAM Logistics and thereby the entire company’s terminal business…

Texas-headquartered Excelerate Energy is pressing ahead with a newbuild floating regasification and storage unit (FSRU) in South Korea, following a letter of intent announced earlier this year. The New York-listed…

Carriers are taking services out of the transpacific, and this year’s first boxship scrap candidates have emerged as container shipping recalibrates to a slowing global economy. On the Asia to…