Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, is pleased to announce that, with effect from September 30, 2022, it has entered into a joint venture agreement with Greater Bay Gas Co. Ltd. (Liberia) (“Greater Bay Gas”). The joint...
Our maritime industry is facing an immense challenge to decarbonize international shipping, and the Liberian Registry has in recent years actively participated in innovative ship design joint industry projects (JIPs) with focus on innovative design features, new technologies and alternative fuels....
A cargo of diesel fuel initially barred from hurricane hit Puerto Rico entered the island’s Guayanilla port late Thursday, according to Refinitiv Eikon vessel tracking service, under a Biden administration waiver. The Marshall Islands-flagged tanker GH Parks, which loaded outside Texas this month,...
People play a central role in the development of new technologies to help shipping meet its environmental goals and protect the marine environment say Jamaican maritime leaders. As the maritime community comes together to celebrate World Maritime Day with its theme of New Technologies for Greener...
European shipowners, ports, the cruise sector, shipyards and equipment manufacturers, fuel suppliers, shippers, forwarders and port operators join forces and call on the Member States and the European Parliament to earmark the revenues generated from the inclusion of the shipping sector in the EU...
MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO in the main world hubs) continued to increase on Sep. 29: 380 HSFO – USD/MT – 506.75 (+11.34) VLSFO – USD/MT – 761.02 (+13.10) MGO – USD/MT – 1 098.29 (+23.40) 380 HSFO fuel grade, according to MDI...
https://www.hellenicshippingnews.com/mabux-bunker-index-may-turn-into-downward-changes-on-sep-30/
PTT and AET have signed a Memorandum of Understanding (MOU) for the development and construction of two zero-emission Aframaxes to be powered by green ammonia. Jointly, PTT and AET are taking the lead to encourage the use of green ammonia as a main propulsion fuel. AET will select a suitable...
https://www.hellenicshippingnews.com/ptt-and-aet-ink-mou-for-zero-emission-aframaxes/
Water levels on the river Rhine in Germany have risen sharply after rain this week, approaching normal levels and helping cool off cargo shipping rates, vessel brokers and commodity traders said on Thursday. Prices for cargo shipping are falling as vessels are able to load more freight, they said....
A.P. Moller-Maersk’s chief executive said he expects a “modest” pick-up in trade for the upcoming holidays this year amid concerns about the slowing global economy and consumer demand. “Volumes headed into the Christmas season are lower than a normal year,” Soren Skou said in a Reuters Newsmaker...
https://www.hellenicshippingnews.com/maersk-ceo-see-modest-pick-up-in-trade-for-holiday-season/
The technology group Wärtsilä and Rio de Janeiro based Companhia Brasileira de Offshore (CBO) have signed an agreement for Decarbonisation Modelling. The objective is to support and accelerate CBO´s journey towards decarbonised operations for its fleet of offshore support vessels, which is one of...