Arctic Sea Ice Lows Mark a New Polar Climate Regime

At the edge of the ice blanketing part of the Arctic Ocean, the ice looked sickly. Where thick sheets of ice once sat atop the water, now a layer of soft, spongey slush slid and bobbed atop the waves.From the deck of a research ship under a bright…

ABS to Class STL's New Very Large Ethane Carriers

Maritime classification society ABS will class four new 98,000 cbm Very Large Ethane Carriers (VLECs) ordered by China's Zhejiang Satellite Petrochemical (STL)These ethane-fueled VLECs are part of a Phase-2 order from STL and South Korea's Samsung…

New Guaranteed Primary offering from Convoy helps shippers reduce freight costs by nearly 20%

In what it is calling a first of its kind approach to contract primary freight, Seattle-based digital freight network Convoy announced today it has introduced a new offering, entitled Convoy Guaranteed Primary. Convoy described this offering as an “industry-first pricing program to procure capacity for primary freight that reduces a shipper’s total cost by up to 19% while guaranteeing capacity.”

Container Shipping Rates Continue to Deliver 'Positive Surprises', BIMCO says

Trans-Pacific short vs long contract freight rate gap hits record $2,400 per FEUAs the year 2020 continues to deliver positive surprises for the container shipping sector, the gap between short and long term contract freight rates on the Trans-Pacific trade lane has never been wider…

Norway's Hurtigruten Suspends All Remaining 2020 Cruises

Norway's Hurtigruten has called off its remaining cruises this year due to the rise in COVID-19 cases in Europe and the Americas, the company said on Thursday."Our goal is to resume operations in January 2021," the company said in a statement.The…

Aker BioMarine's Krill Transportation Vessel Launched in China

China's shipbuilder CIMC Raffles has launched the Antarctic Provider, a vessel being built for Norway's krill harvesting company Aker BioMarine.The launching ceremony for the krill transport vessel built by CIMC Raffles Offshore Ltd. was held Thursday at CIMC Raffles Yantai base.

Report: Seven Xihe Holdings Tankers Up for Sale

The supervisor of Singaporean shipping group Xihe Holdings Pte Ltd has put seven oil tankers controlled by the company up for sale as part of efforts to recoup funds owed to creditors, three sources said on Wednesday. Xihe Holdings is part of the Lim family business empire…

Corvus Batteries for Five New All-Electric Ferries in Amsterdam

Corvus Energy will deliver lithium-ion battery-based energy storage systems (ESS) from for five new all-electric ferries being built for Amsterdam’s municipal public transport provider, GVB, that will replace the current fleet built in 1930s.The…

Fit for Fight: Navies challenged by COVID at sea, ashore

Despite the COVID-19 pandemic, navies adjusted how they operate at home and while deployed, to keep their forces ready for any missions as they keep their Sailors, families, communities, as well as allies and partners safe from the coronavirus.Navies…

ASRY Signs New Agent for Singapore, Hong Kong

ASRY (Arab Shipbuilding & Repair Yard) signed a representation agreement with AMS to exclusively market ASRY’s products, services and facilities to the Singapore and Hong Kong shipping market, part of ASRY’s new management’s strategic re-alignment…