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COSCO Splashes $3Bn on 18 Ultra-Large and Mid-Sized Box Ships

COSCO Splashes $3Bn on 18 Ultra-Large and Mid-Sized Box Ships

Chinese shipping giant COSCO has committed almost 3 billion dollars to 18 container vessels at domestic shipyards, strengthening its position in the global liner industry. The order comprises 12 ultra-large 22,000-TEU LN…

Mon Aug 31 20268 min
Record Biomethanol Bunkering Supports CMA CGM Green Voyage to Brazil

Record Biomethanol Bunkering Supports CMA CGM Green Voyage to Brazil

CMA CGM's containership Osmium has been loaded with 8,106 tonnes of biomethanol at the Port of Shanghai, marking the world's largest single-batch bunkering of the fuel to date. The volume covers the vessel's entire voyag…

Mon Aug 31 20266 min
New Terminals and Fleet Modernisation Drive Global Tugboat Orders

New Terminals and Fleet Modernisation Drive Global Tugboat Orders

A wave of tugboat newbuilding orders has emerged over the past six months as owners modernise fleets and expand operations in response to planned new energy and container terminals. Major operators including Boluda Towag…

Mon Aug 31 20267 min
How Sustainability-Linked Loans Work in Shipping and Ports

How Sustainability-Linked Loans Work in Shipping and Ports

Shipping runs on debt. Ships are enormously expensive assets with long lives, and almost every vessel afloat was financed by a bank, a lessor, or a bond investor. That makes the maritime lending market a powerful and und…

Sun Aug 30 20268 min
RINA Launches Mermaid Propulsion Concept to Cut Fuel Use and Emissions

RINA Launches Mermaid Propulsion Concept to Cut Fuel Use and Emissions

RINA has unveiled Mermaid, a future-ready ship propulsion concept designed to help shipowners reduce fuel consumption, lower emissions and protect long-term asset value while remaining flexible as decarbonisation pathway…

Fri Aug 28 20266 min
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