Singapore-based container shipping company Pacific International Lines (PIL) has completed its restructuring process, securing $600 million in fresh capital in order to stay afloat.
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Seaspan Corporation, part of Atlas Corp., has entered into an agreement with an unnamed shipyard for the construction of six 15,500 TEU containerships.
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The Korean Register (KR) has granted approval in principle (AIP) for an 8K ammonia bunkering vessel, the first of its kind in Korea.
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In an effort to step up the shipping industry’s decarbonisation, the European Sea Ports Organisation (ESPO) has called for more onshore power supply (OPS) where possible.
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The Ocean Cleanup, a Dutch non-profit developing advanced technologies to rid the world’s oceans of plastic, announced its collaboration with musicians and philanthropists Coldplay.
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