Category: Hoortash Iranian

Hoortash Iranian
12 Feb by

HMM poised to take delivery of record-breaking 23,964 teu boxship

February 12th, 2020 Sam Chambers Asia, Containers 0 comments South Korean flagship HMM has revealed the actual capacity of its mega boxship series set to start trading from early May, taking the world’s largest containership mantle in the process with a host of rivals tipped to be readying their own megamax orders. HMM officials have […]
Hoortash Iranian
11 Feb by

European Commission under attack for decision to extend liner block exemption

February 11th, 2020 Sam Chambers Containers, Europe, Regulatory 0 comments Associations representing shippers, freight forwarders and port service providers have hit out at the European Commission’s decision to extend the liner consortia block extension regulation (BER) for another four years. The commission has said it gave the green light for the extension as it “will […]
Hoortash Iranian
11 Feb by

Baltic Exchange asks owners to share emissions data

February 11th, 2020 Sam Chambers Environment 0 comments The Baltic Exchange is asking shipowners to share their emissions data for the collective good of the industry. The London institution has teamed with GeoSpock, a spatial big data company, to launch a maritime air emissions project seeking to enable a data first strategy for all of […]
Hoortash Iranian
11 Feb by

CMA CGM commits to hydrogen-powered shipping

February 11th, 2020 Grant Rowles Containers, Environment, Europe, Operations, Tech 0 comments French container line CMA CGM has joined a growing group of shipowners committed to finding a hydrogen-powered solution to decarbonisation in shipping. The company has forces with Energy Observer, the first hydrogen-powered vessel to embark on a round-the-world voyage in an effort to […]
Hoortash Iranian
10 Feb by

Coronavirus costing liners up to $350m in lost revenues every week

February 10th, 2020 Sam Chambers Containers, Greater China, Ports and Logistics 0 comments As China partially returned to work today, data from Copenhagen-based Sea-Intelligence suggests the coronavirus has been costing liners up to $350m in lost revenues every week. Sea-Intelligence suggests the box shortfall from the virus is up to 350,000 teu per week, getting […]
Hoortash Iranian
10 Feb by

BW LPG retrofits another four ships

February 10th, 2020 Sam Chambers Asia, Bunkering, Environment, Gas, Operations 0 comments BW LPG has announced that it has exercised an option for the delivery of four additional LPG dual-fuel engines. With this, BW LPG has committed to retrofit eight vessels with the propulsion technology. This announcement follows the decision by BW LPG in August […]
Hoortash Iranian
10 Feb by

Noble trims its cape arm

February 10th, 2020 Hans Thaulow Dry Cargo, Greater China 0 comments Shortly after Noble confirmed the sale of a 2012-built post-panamax, the commodity trading firm has found a buyer for another ship as its fleet clear-out continues. A Chinese leasing company is thought to have bought the 2011-built Aqua Vision capesize for $20m, leaving Noble […]
Hoortash Iranian
7 Feb by

Shipping braces for extended factory closures in coronavirus-hit China

February 7th, 2020 Sam Chambers Greater China, Operations, Ports and Logistics 0 comments The global shipping industry is watching closely for any official announcement from Beijing on whether the Lunar New Year holidays will be extended by another week in the ongoing battle against the coronavirus, which has now infected more than 31,000 people. The […]
Hoortash Iranian
7 Feb by

Ammonia’s advantages detailed in new report

February 7th, 2020 Sam Chambers Asia, Bunkering, Environment, Operations 0 comments A 33-page report from class society Korean Register (KR) has highlighted the advantages of ammonia as a ship fuel, the latest in a series of developments in recent months suggesting ammonia will play an important role in shipping’s path to decarbonisation. A big plus […]
Hoortash Iranian
7 Feb by

80% of the VLOC orderbook now controlled by Chinese leasing companies

February 7th, 2020 Sam Chambers Dry Cargo, Finance and Insurance, Greater China 1 comments Four out of every five very large ore carriers (VLOCs) on order are controlled by Chinese leasing companies, data from Alphabulk, part of AXSMarine, shows. Chinese ship leasing companies have 80% of the VLOC orderbook, and 20% of the capesize orderbook, […]

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