New bulker valuation platform aims to help shipowners pin down best S&P investments
Dry-bulk consultants Liengaard & Roschmann launched the platform on Tuesday
A.P. Moller Plans to Turn a Hard-to-Find Green Bunker Fuel Into Plastic
The family holding company A.P. Moller is known best as the owner of Maersk, and it has invested heavily to…
Steel Cutting Begins for Matson’s First New American Containership
Work is getting underway for an American-built containership, the first of three ordered by Matson as part of its $1…
Chinese Firm Orders Fleet of 16 Methanol-Powered Bulkers
A Chinese shipowner has ordered a fleet of methanol-only bulkers, eschewing dual-fuel technology to run on methanol only. Wuhan Innovation…
French Politics and Markets Cause Cancelation of Sail Boxship Order
An innovative project to build five innovative containerships that would have combined sailed and methanol-fueled propulsion has been canceled due…
CMA CGM Launches First Foreign-Owned Philippines Domestic Shipping Service
CMA CGM Group through its intra-Asia short-sea specialist company CNC is launching a new domestic service in the Philippines which…
Vietnamese Fishing Crew Attacked and Severely Beaten in Paracel Islands
A Vietnamese fishing boat was attacked by unnamed aggressors in the Paracel Islands, according to state-owned media, and all 10…
Workers at Newport News Made Faulty Welds on U.S. Navy Carriers and Subs
Members of Congress are looking for answers after reports that workers at HII Newport News intentionally made faulty welds on…
Drone Boat Hits Merchant Ship in Red Sea, Puncturing Ballast Tank
Yemen’s Houthi rebels appear to have hit another merchant vessel in a multi-domain, multiple-attempt attack, according to the Royal Navy’s…
Asia’s factory activity hit by global uncertainty, focus on China stimulus
Asia’s factory activity weakened in September as soft Chinese demand and global economic uncertainty pointed to a challenging outlook, private-sector…