Hapag-Lloyd has order another six ultra-large containerships in South Korea. The vessels, ordered from Daewoo Shipbuilding & Marine Engineering (DSME), will have capacity of more than 23,500 TEU with dual…
Shipping
Shipping groups want action on $5B fund for zero-emission fuels, tech
Eight international shipowner associations representing more than 90% of the world’s merchant fleet are calling on governments to act on shipping-related climate commitments.
The International Maritime Organization (IMO) has a target to reduce the shipping industry’s greenhouse gas emissions by 50% by 2050.
That’s less than 30 years to fundamentally change how the world moves 90% of its traded goods.
The shipping organizations said on Friday the time to act is now and jointly called for action on...
South Korea companies develop molten salt reactor for shipping, power generation
South Korea’s state-run nuclear energy research institute and the country’s major shipbuilder have agreed to…
Carrier Schedule Reliability ‘Through the Floor’ and There’s No Relief in Sight
By Mike Wackett (The Loadstar) – Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight. Widespread port congestion, equipment shortages…
China’s steel-related manufacturing slows; to weigh on steel prices, margins
Production in China’s steel-related manufacturing sector declined for the second consecutive month in May, after…
Frank Coles: And Still They Worked On…
By Frank Coles (OpEd) – So there is no misunderstanding, I am not a raving lunatic, just a frustrated mariner. I get the complications of COVID, the self-centered behaviors of…
REFINERY NEWS ROUNDUP: Renewable gasoline, SAF, hydrogen takes center stage in Europe
Renewable gasoline, SAF and hydrogen are increasingly taking center stage in Europe as refineries focus…
ADNOC partners with UAE’s Fertiglobe to develop first blue ammonia facility
Abu Dhabi National Oil Co. will partner with Abu Dhabi-based chemical company Fertiglobe to develop…
Global port congestions bring more omissions, surcharges from Hapag-Lloyd
Marred by port congestions across Asia and Europe, German carrier Hapag-Lloyd has decided to terminate…
Seafarers Need To Strike, Says Frank Coles
By John Konrad (gCaptain) Last week maritime influencer Lena Göthberg published the 165th episode of her popular Shipping Podcast, and the content was shocking. Her guest was the former CEO…