3.9 C
istanbul
Saturday, January 25, 2020
Home Latest News Maritime & Shipping

Maritime & Shipping

Wärtsilä To Help Build New LNG Short Sea Shipping Vessels

Wärtsilä will supply all the main equipment for the first LNG fuelled short-sea Ro-Lo (roll-on, lift-off) vessels to be operated by Finland based Bore for the transportation of  paper products in Europe Wärtsilä has worked with...
Baltic Exchange Flag

Capesize index marks biggest weekly loss in nearly 21 years

 The Baltic Exchange’s main sea freight index fell to an over three year low on Friday, marking its biggest weekly loss since March 1999. * The Baltic index, which tracks rates for capesize, panamax and...

Emissions concerns drive innovation in the deep-well pump market

The hydraulic-powered deep-well pump is a firm favourite among tanker owners, but the need to optimise energy efficiency is driving the transition towards an electric-powered alternative The engineering design of the hydraulic deep-well pump is...

US pioneer moves ahead with milestone LNG conversion

US-based Tote Maritime Alaska is undertaking a multi-year milestone conversion of two coastal roll-on-roll-off vessels, refitting the ships’ four diesel engines to burn LNG Tote Maritime Alaska is currently engaged in the refit of two...
CMA CMG

Port of Hamburg not expecting reduction in container throughput caused by liner service changes...

From April, the Ocean Alliance NEU 5 service handled by EUROGATE Container Terminal Hamburg – CTH is being transferred to Antwerp. This service will be run by the Ocean Alliance Partner, CMA CGM as...

Norwegian energy major Equinor to run ship fitted with ammonia fuel cells

The European Union has awarded 10 million euros ($11.05 million) in funding to a scheme that is aiming to install an ammonia-powered fuel cell on a ship. The beneficiary of the money, the ShipFC project,...

Singapore exporters desperate for volatile US-China trade deal to hold after year from hell

After rounding off the decade with the year from hell, Singapore’s traders are hoping the tentative truce in the US-China trade war may signal a better 12 months ahead. The export-dependent economy grew by just...

Bearish freight over virus fear

Freight market remained bearish as market activity slowed ahead of Lunar New Year holidays and virus outbreak. For Capesize, many vessels want to be fixed over the week-long Spring Festival holidays which led vessels to...

Ag shippers want carriers held more accountable for container availability

The Agriculture Transportation Coalition has developed service contract guidance its members can use to set parameters for when ocean carriers should issue or withhold detention and demurrage charges. A group of American agriculture product shippers...

The Next Big Thing in Luxury Cruising is Small Ships

One of the biggest trends in high-end cruising is extremely small. It’s the opposite, in some ways, of everything you’d expect, even from a luxury cruise brand. It’s all about tiny, independently owned ships, boats,...