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ONE trials sustainable biofuel on containership

Singapore-based container shipping company Ocean Network Express (ONE) has conducted a biofuel trial on the Panamax boxship MOL Experience. The trial was completed on 7 February 2021, following bun...

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Petronas, Sumitomo tie up on LNG bunkering

Petronas Trading Corporation (Petco) signed a deal with Sumitomo Corporation for LNG bunkering in Malaysia and Tokyo Bay, Japan. Petco, a unit of Malaysian energy giant Petronas, signed a memorandu...

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Geodis charters Asia-Europe boxships to ease capacity shortage

Forwarder says it has taken the unusual step to provide its customers with guaranteed space ‘in an ultra-tight sea freight market from China to Europe’. Global supply chain operator Geodis has ...

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Sharp decline in EU-UK ‘short strait’ truck volumes

January cross-Channel freight was down around 30% due to fears about the new customs and other freight procedures, but volumes and knowledge of the new processes are gradually rebuilding. Truck vol...

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KSOE reveals contract termination for 10 VLCCs

South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding holding company of Hyundai Heavy Industries Group, has announced that two of its subsidiaries have ...

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Creditors green light Pacific International Lines’ restructuring

Pacific International Lines has filed an application to the Singapore High Court to seek approval for the company’s proposed restructuring plan. Under the plan, Singapore’s container shipping m...

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d’Amico buys leased MR tanker

d’Amico Tankers D.A.C. (Ireland), part of Italian shipping company d’Amico International Shipping S.A. (DIS), has exercised its purchase option on the MT High Priority, a 46,847 dwt MR product tan...

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NYK orders LPG dual-fueled VLGCs

Japanese shipping company NYK has placed an order for its first two liquefied petroleum gas (LPG) dual-fueled very large gas carriers (VLGCs) at Kawasaki Heavy Industries Ltd. Both ships will be built...

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