15 JAN 2022 Orders for new LNG-fueled ships reached record highs in 2021 as shipowners look for near-term solutions to meet environmental regulations and improve the performance of their fleet. Orders were placed for all the major segments of shipping with penetration increasing in the major categories. At the same …
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14 JAN 2022 The Australian Labor Party has revived plans for the creation of an Australian flagged “strategic fleet” of at least 12 ships to shield the country from supply chain disruption, especially during times of natural disaster or international conflict. The opposition leader and head of the Labor party, …
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13 JAN 2022 A design and engineering team based in the Netherlands introduced its new design concept for what it is calling a future proof small general cargo ship suited for river and coastal operations. They also said an initial order has been placed for six of the ships which …
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12 JAN 2022 On Monday, the USS Abraham Lincoln departed San Diego with her escorts, becoming the first nuclear-powered carrier to deploy under the leadership of a female commanding officer. Capt. Amy Bauernschmidt, the first female carrier CO in Navy history, took command of Lincoln last August, relieving Capt. Walt “Sarge” Slaughter. Bauernschmidt was also …
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11 JAN 2022 A South Korean containership was forced to turn around in the Pacific and seek a port of refuge after reportedly suffering an engine problem that is being blamed on a fuel problem. SM Line’s SM Busan, a 6622 TEU containership, arrived in Victoria, Canada where officials are reporting …
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10 JAN 2022 By Gerson Freitas Jr, Sergio Chapa and Natalia Kniazhevich (Bloomberg) — U.S. natural gas is in for another wild year as the insularity that once shielded North American energy consumers from overseas turmoil disintegrates. Benchmark American gas futures climbed almost 45% in 2021 for the strongest annual performance …
Read More »With 2021 coming to a close, here’s a list of most-viewed stories of the year: Maersk Containership Broken Down in the Pacific Ocean Vanishing Ships Underscore Supply Woe: Crisis Peak Is a Mirage Dear Port of Los Angeles, It’s Time to Call the Marines Shipowner Declares General Average for Ever …
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09 JAN 2022 China has taken the number-one spot in shipbuilding, overtaking South Korea for annual order volume by compensated gross tons (CGT), according to data released Sunday by Clarksons. Over the span of the year, China’s shipbuilders raked in orders totaling about 22.8 million CGT, almost exactly 50 percent …
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07 JAN 2022 An energy-saving device attached to the propeller of ships developed by MOL three and half decades ago has entered the Guinness World Records as a global best-seller. Japan’s Mitsui O.S.K. Lines (MOL) announced that propeller boss cap fins (PBCF) sold by its subsidiary MOL Tech has been …
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06 JAN 2022 Economic growth is the aim of many policies. Still, economic growth is also the ultimate cause of pollution and climate change. A growing consensus of activists and scientists calls for ending economic growth and even “de-growth” in rich countries – pointing to the urgent need to protect …
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