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Maersk Ups Bunker Surcharge amid VLSFO Price Rise

Mumbai Maersk

Prompted by a price surge of VLSFO, Maersk has decided to increase its bunker surcharge.

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Vessel Demand Rises as Boxships Queue for Scrubber Retrofits

containership

More than 100 containerships aggregating 950,000 TEUs were in yards for scrubber retrofits last month.

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Kitack Lim: Prices for Compliant Fuels Stabilizing

Kitack Lim

Kitack Lim: Prices for compliant fuels appear to be stabilizing.

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Marubeni, Klaveness Create Giant Panamax Pool Operator

Torvald Klaveness

Japan's Marubeni Corporation and Norwegian dry bulk operator Klaveness are merging Panamax Pool activities.

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MUA Threatens with Fresh Industrial Action

DP World

MUA is planning a new wave of industrial action across Australian terminals.

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VLSFO Not So Environmentally-Friendly after All?

cargo ship

New blends of marine fuels with 0.50% sulphur content can contain a large percentage of aromatic compounds.

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Over USD 1 Trillion Needed to Decarbonize Shipping by 2050

shipping

At least USD 1 trillion of capital investment is required to halve shipping's emissions by 2050.

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Master Fined after Failing to Timely Report Engine Failure

Tanker

The master of a tanker has been convicted after failing to report without delay a main engine failure.

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Vale's Recovery to Be the Biggest Swing Factor for Iron Ore

Bulker

Wood Mackenzie forecasts an accelerated recovery in shipments from Q1-20.

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Trafigura Backs Carbon Levy and Slow Steaming

tanker

Trafigura says chartered vessels account for 87 percent of its GHG emissions.

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MSI Predicts Dismal Q1 for Bulker Operators

bulker

Dry bulk carrier operators don't seem to have a lot of reasons to be jolly as they enter 2020.

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ClassNK Issues HKC Compliance Statement to Bangladeshi Yard

Class NK

ClassNK has issued HKC Statement of Compliance to PHP Ship Breaking and Recycling Industries Limited.

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Singapore’s Container Figures at Record High

Singapore

The Port of Singapore's container throughput in 2019 hit an all-time high of 37.2 million TEUs.

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HMM’s 24,000 TEU Mega Ships to Start Delivery in April

HMM

The sequential delivery of the new containerships coincides with the company's entry into THE Alliance.

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Unprecedented Rise of Crew Kidnappings in Gulf of Guinea

pirate flag

The number of crew kidnapped in the Gulf of Guinea increased by more than 50% y-o-y.

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BIMCO Names New Secretary General & CEO

David Loosley

BIMCO has appointed David Loosley as its new Secretary-General & CEO with effect from June 2020.

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Dockworkers at Fremantle Container Terminal Go on Strike

Australia

Two hundred wharfies at DP World's container terminal in Fremantle have stopped work for 24 hours.

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23 Ultra Large Boxships Set for Delivery in 2020

CMA CGM Jacques Shade

The 23 new behemoths will join the fleets of three major players.

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Relatively Smooth Sailing as IMO 2020 Enters into Force?

tanker

It appears the shipping industry is coping better than expected following IMO 2020's entry into force.

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Mitsubishi Splashes 2nd Newbuild for Hankyu Ferry

ferry

The new vessel, named Yamato, is scheduled for delivery in June 2020 after completion of rigging work.

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Cruise Ships Skip Port of Eden amid Raging Bush Fires

bushfires in Australia

Seaport of Eden impacted by major bush fires raging across New South Wales.

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Poten: Unipec Top Charterer of 2010s

tanker

Unipec top charterer of the last decade, with an ever-growing market share in reported dirty spot fixtures.

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We Can't Reach 2030 Targets by Simply Switching to LNG

K” Line European Sea Highway Services (KESS)

K Line believes the future of its business excellence lies in the further development of alternative technologies.

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Top News of 2019

shipping

These are the stories that marked 2019.

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Happy New Year from World Maritime News!

May 2020 bring you fair winds and following seas!

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Top 10 Interviews of 2019

Check out the most read interviews from this year.

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MOL, Mitsubishi Finalize Deal for LNG-Fueled Ferry Duo

MHI

Mitsubishi Shipbuilding Co. seals contract with MOL to build two LNG-fueled ferries.

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