The Norwegian cruise ship MS Maud suffered a power outage after a rogue wave shattered windows on the bridge while it sailed in the North Sea, causing the vessel to lose its ability to navigate, Danish authorities and the ship’s owner said on…
Cruise Ship Loses Navigation Ability in North Sea During Storm Read More »
Japanese steel maker JFES to supply green steel under the mass balance method
K Line ultramax to be built with Japanese green steel Read More »
The newbuilding market has been led by orders for larger ships. In its latest weekly report, shipbroker Allied said that “reports of TMS contracting across the tanker and bulker sectors lead the news this week. As has been widely reported, two Suezmaxe…
Newbuilding Activity Focused Around Larger Ships Read More »
In the third week of December, sentiment in the freight market for large vessel sizes has shown signs of weakening. However, optimism grows for a robust month-end, given the declining number of ballasters in the Panamax Continent Far East. Within the C…
“The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in 2030 can be met using sustainable biofuels. Many different sectors will compete for those fuels, so shipping is focusing on transitioning to alternative …
Shipping gears up to meet 5-10% low carbon fuel target, but will fuels be available? Read More »