Wärtsilä's ammonia solution 
Wärtsilä Gas Solutions has introduced an ammonia fuel supply system (AFSS) for ships. Ammonia is considered a promising fuel for reducing CO2 emissions and almost eliminating sulphur oxide (SOx), nitrogen oxide (NOx), and particulate matter (PM) emissions. The AFSS, suitable... more
Ranking shipowning nations: who leads?
Vessels Value has revealed the top ten shipowning nations, showcasing shifts in asset values and ownership strategies over the past year. Japan leads with a fleet worth USD 206.3 billion, growing by 5%, particularly in the tanker sector. China follows closely with a fleet value... more
Svitzer gears up for listing
Svitzer, a global towage and marine services provider, posted a 6% growth in revenue in 2023 to DKK 5,786 million (USD 0.84 million), driven by a record number of harbour towage tug jobs. Adjusted for foreign exchange impact, revenue increased by 9.5%. Ebitda rose 4% to DKK... more
CMSA shatters rail volume record
The terminal operator Contecon Manzanillo (CMSA) in Mexico, part of ICTSI, posted a record in January, handling 20,400 teu of rail cargo, a 68% increase from January 2023 and the highest rail throughput in Manzanillo. The use of rail for cargo has been crucial for CMSA's growth,... more
Fleet expansion with KMC
Roll Group, a heavy transportation company, is adding two wide deck carriers from KMC Line to its fleet, starting in the second half of 2025. These vessels, to be renamed “Bigroll KMC Beaumont” and “Bigroll KMC Busan”, will increase Roll Group's fleet to ten heavy transport... more
Zim's new LNG vessels
Zim Integrated Shipping Services celebrated the naming ceremonies of three new LNG vessels in Korea and China, advancing its sustainability efforts. The vessels, “Zim Mount Elbrus”, “Zim Mount Vinson”, and “Zim Pearl”, are part of the shipping line’s fleet renovation, with... more
The sulphur switch strategy
In its latest analysis, Sea-Intelligence reports that since the implementation of the IMO2020 regulations, which mandate the use of low-sulphur fuel or approved alternatives like exhaust gas cleaning systems (scrubbers), shipping lines have saved a cumulative USD 13 billion by... more
Porto Chibatão's game changers
Porto Chibatão, a major port operator in Brazil, has integrated four Lieberherr LBS 800 barge-slewing cranes into its operations. They are the largest harbour cranes over floating piers globally, with a special boom length of 66 m and a 9.6 m tower extension, enhancing... more
Asia's first biofuel barge sets sail
Vitol Bunkers has acquired its first specialised bunker barge, the "Marine Future", in Singapore, enhancing its presence in Asia's growing biofuel bunker market. This IMO type 2 notation tanker can supply biofuel blends like B24, B30, and up to B100, in accordance with... more
Los Angeles starts 2024 on a high note
The port of Los Angeles handled almost 856,000 teu in January this year. While loaded imports went up to almost 442,000 teu (19% more compared to January 2023), loaded exports did even better. The 126,554 teu in the first month of 2024 represented an increase of 23% compared to... more