Logistics

In a ground-breaking development, TECO 2030, the renowned Norwegian fuel cell manufacturer has joined forces with Pherousa Green Shipping, an eco-conscious shipping powerhouse also based in Norway. Their mission? To supply hydrogen fuel cells for a fleet of up to six zero-emission dry bulk carriers, each with 63,000 dwt capacity. Each of these impressive vessels […]

EuroDry’s Groundbreaking Acquisition EuroDry, a Greek firm renowned for its prowess in dry bulk operations, has embarked on an ambitious expansion project. A strategic agreement has been inked with Marine Capital, a prominent marine asset management company based in the UK, to acquire three ultramax bulk carriers. The $65 million deal includes the 63,197 dwt

A Bold Leap in Maritime Training Today marks a significant jump in the U.S. merchant marine training program, as the first out of five dedicated training vessels gets seemingly handed over to America’s state maritime academies. The christened Empire State, crafted by Philly Shipyard and supervised by TOTE Services for MARAD, was ceremoniously passed on

Navigating the Green Methanol Waves Maersk’s venture into sustainable maritime operations breaks new ground as it secures a temporary source of green methanol. The novel and eco-friendly substance will power their pioneering feeder ship, symbolizing the company’s commitment towards net zero operations, thus influencing the entire shipping industry’s modus operandi. Maersk’s leap into the use

Sirius Shipping’s Progressive Maritime Leap Forward Sweden-based transport giant, Sirius Shipping, is causing a stir in the maritime sector with its recent ambitious investment in high-tech, methanol-ready oil and chemical carriers. The company has ordered a brace of revolutionizing 15,000 deadweight tonnage (dwt) carriers, planned for construction at Yangzhou’s top-tier China Merchants Jinling Shipyard. The

Asia’s Maritime Titans: The Rising Impact of East-West Trade Lanes South Korea’s premier shipping corporation, HMM, is prepping its sails for the global market as it soars ahead as the world’s only container line, boasting an average ship size exceeding 10,000 Twenty-Foot Equivalent Units (TEU). In an extensive study by Alphaliner, a striking correlation has

Trouble Brewing on Ukraine’s Lifelines Ukraine’s strategic Danube River port Izmail is facing an onslaught, triggering partial limitations on cargo shipments. For weeks, this important port has been under siege by Russian drone attacks. Ukrainian railways declared these constraints on transportation on Sunday, casting shadows over the country’s logistic prowess. These unmanned aerial vehicles have

Doubling Down on Carbon Transport  What was once a groundbreaking partnership between Equinor, Shell, and TotalEnergies has evolved into Northern Lights, a progressive commercial carbon transport and storage company. It recently announced the contract order for its third dedicated CO2 transport ship, even while work continues on its first two. The decision for a third

Bolder Ventures in Carbon Transport Arena A promising force in the field of commercial carbon transport and storage, Northern Lights, has recently placed an order for its third dedicated CO2 transport ship. This initiative emerges from a strategic partnership between energy industry titans: Equinor, Shell, and TotalEnergies. Interestingly, the fabrication of the company’s initial two

Hurricane Idalia’s Unprecedented Fury Early on Wednesday morning, the wrath of Hurricane Idalia was unleashed on Taylor County, Florida. The storm, a formidable Category 3 hurricane, left a trail of unprecedented destruction in its wake – primarily in the state’s Big Bend area. This hurricane was the most devastating storm that this region has experienced