According to VesselsValue data, the New York-listed firm is paying $1m less than the market value of the Japanese-built vessel, expected for delivery by the end of February 2022.
The European Commission on Wednesday proposed adding shipping to the bloc’s carbon market for the first time, a move international shipping has been bracing for for a number of years.
The Kobe Express, a container ship owned by Hapag-Lloyd and managed by Anglo-Eastern, completed what has been described as the ‘world’s first digitally controlled port arrival.’
Clarksons is reporting that MSC has bought Borealis Maritime’s 2005-built 2,474 teu Bomar Resolve for an undisclosed price, and Temas Line’s 2002-built 2,475 teu boxship Spring Mas for $29m.
New York-listed Greek dry bulk owner Diana Shipping has landed a time charter deal with Viterra Chartering for its 2005-built panamax Melia.
The vessels charters with Cosco were set to end for two vessels in 2021, 13 vessels in 2022, and two vessels in 2023. All have now been extended for a three-year term from the end of their current charter period.
Hong Kong-based Seaspan Corporation today announced that it has entered into agreements for the construction of two new 12,000 TEU containerships, bringing its newbuild orderbook to 39 ships.
Neoline, a French shipowner offering carbon-free shipping services, has signed a letter of intent (LOI) with compatriot company Neopolia Mobility for the construction of Neoline’s first 136-meter sailing cargo ship.
The ship is to undergo inspection, and repairs if necessary.
Mediterranean Shipping Co (MSC) has joined other liners to support the call for global carbon taxation for shipping and an initiative to set up a worldwide fund for decarbonisation research.
Sabrina Chao takes over as the 45th President of BIMCO, the world’s largest direct entry shipping organization with 1,900 members in 120 countries representing 60% of the world cargo fleet.
The shipping trade group has warned that lack of access to vaccinations for the world’s seafarers puts shipping in a ‘legal minefield’, while leaving global supply chains vulnerable.
The Canada Steamship Lines bulk carrier MV Baie St. Paul became the first ship of the year to pass through the St. Lambert Lock on Monday, officially kicking off shipping on the key binational waterway connecting the Great Lakes with the Atlantic Ocean.
China’s State Council released a guideline to further accelerate the development for a green and low-carbon economy, including the ports, shipping and logistic sectors.
French shipping giant CMA CGM has announced plans to deploy six new LNG-powered containerships dedicated to the China-U.S. market.
Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- and five-year charters.
FueLNG Bellina, Singapore’s first liquefied natural gas (LNG) bunkering vessel, kicked off commercial operations.
The 2M alliance has announced a further blank sailing this week from Asia to North Europe to use the vessel on another service.
A deep freeze continued to wreak havoc on the U.S. energy sector, bringing operations to a halt at the Houston Ship channel, while several of the biggest oil refineries remained offline in the nation’s largest crude-producing state.