China Opens New Arctic Trade Route–But Obstacles Will Prevent Its Wider Use
[By Edward Rhys Jones} Sea Legend, a Chinese shipping line, recently announced it was launching a regular container service between China and Europe via the Arctic.
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Report: Korea’s HD Hyundai Negotiating Acquisition of US Shipyard
South Korea’s largest shipbuilder, the HD Hyundai Group, is reportedly closing in on the acquisition of a U.S. shipyard as the next piece of its strategy for the American industry.
Bulker Gets Co-Processed VLSFO Bio-Bunkering With Cashew Nutshell Liquid
Vitol Bunkers is highlighting that it completed Singapore’s first bio-bunkering operation using Very Low Sulphur Fuel Oil (VLSFO) co-processed with Cashew Nutshell Liquid (CNSL).
ExxonMobil, Partners Award $1.1B in Contracts for Mozambique LNG Project
ExxonMobil Mozambique, acting on behalf of Area 4 co-venturers ENH, CNPC, Eni, KOGAS and XRG, has awarded approximately $1.1 billion in pre-investment contracts for long-lead upstream equipment for the Rovuma LNG Phase 1 development in Cabo Delgado.The awards precede a…
Video: Irish Cargo Ship Veers Into Canal Embarkment in the Netherlands
For the second time this month, a cargo vessel navigating on the busy Ghent-Terneuzen canal veered out of the navigation channel and struck the mud embankment.
First Chinese Cargo Ship Carrying Containers Reaches Murmansk
Murmansk marked a key milestone in its efforts to develop the port into a logistics hub, taking advantage of the growth on the Northern Sea Route. The first Chinese-operated cargo ship carrying containers arrived in the port on August 19.