The PSA Wayra ASD tug will soon enter service for PSA Marine Peru, a wholly owned subsidiary of PSA Marine (Pte) Ltd, as the first tug with a hybrid drive system on South America’s west coast. Hong Kong-based Cheoy Lee Shipyards has built the…
New Hybrid-drive Tug is First on South America’s West Coast Read More »
Greek ship owners have placed more tanker newbuilding orders this week. In its latest weekly report, shipbroker Allied Shipbroking said that “in the tanker sector, Greeks accounted for the majority of deals as they continue to lead way in tanker contra…
Greek Ship Owners Place More Newbuilding Orders Read More »
As we reported in April this year, the EU emissions trading scheme (the EU ETS) is expanding to include the shipping industry. With 2024, the first year in which vessel emissions will be included with in the scope of the EU ETS, just around the corner,…
The EU ETS And Shipping: A Bumpy Ride Ahead? Read More »
The co-existence of new marine technologies which aim to improve safety and stubbornly high counts of human errors among the causes of maritime casualties and incidents suggests that ‘more of the same’ will be an inadequate response in seafarer trainin…
Ship technology and human questions Read More »
Spot rates are higher than forecasted as supply is tighter than expected, analyst says
Capesize bulkers bounce back over $20,000 per day but El Nino presents ‘wildcard’ Read More »