1. Seaspan and Hapag-Lloyd to Retrofit Five Containerships to Methanol Fuel Containership owner and lessor Seaspan Corporation has partnered with Hapag-Lloyd, one of the worldâs largest container shipping lines, to retrofit five existing ships to methanol fuel.Hapag-Lloyd is a major charterer of Seaspan-owned ships. Seaspan and Hapag-Lloyd to Retrofit Five Containerships to Methanol Fuel
2. IMF Sees Slow and Steady Growth of Global Economy The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing world output through headwinds from lingering high inflation, weak demand in China and Europe, and spillovers from two regional wars. IMF Sees Slow and Steady Growth of Global Economy
3. Portland to close container terminal The US west coast will bid farewell to a container destination come the end of September.Officials at Portland in Oregon have decided to close and likely repurpose the cityâs sole mothballed container terminal this autumn as the facility no longer has any regular customers and has been losing millions of dollars for the past few years. Portland to close container terminal – Splash247
4. Eureka signs for cement carrier at Dutch yard Eureka Shipping, a six-year-old cement carrier joint venture between SMT Shipping and the CSL Group, has contracted Holland Shipyard Group to build a 12,500 dwt cement carrier for operation in the Great Lakes. The vessel will replace two older vessels when it delivers next year, while maintaining the same cargo capacity. Eureka signs for cement carrier at Dutch yard – Splash247
5. Seoul studies nuclear potential for ships The state-run Korea Research Institute of Ships and Ocean Engineering (KRISO) is studying developing core technologies for small modular reactor (SMR)-powered ships and floating SMR power generation platforms in a four year R&D program.Seoul studies nuclear potential for ships – Splash247
6. Seacon boosts tanker fleet with newbuild duo Chinaâs Seacon Shipping has returned to Fujian Southeast Shipbuilding for more tankers.The Hong Kong-listed company has added two 18,500 dwt chemical/product carriers to four already booked at the yard earlier this year in a deal worth a total of $129.2m. Seacon boosts tanker fleet with newbuild duo – Splash247
7. New report provides a blueprint for how ports can supply green methanol and ammonia by 2030 The Global Maritime Forum and RMI (founded as the Rocky Mountain Institute), under Mission Innovationâs umbrella, released a report today outlining strategies for ports to become first movers in providing green methanol and ammonia bunkering. New report provides a blueprint for how ports can supply green methanol and ammonia by 2030 – Cyprus Shipping News
8. Iran says MSC Aries vessel seized for âviolating maritime lawsâ A Portuguese-flagged cargo ship, the MSC Aries, was seized by Iranon April 13 forâviolating maritime lawsâ, Iranâs foreign ministry said on Monday, adding that there was no doubt the vessel was linked to Israel. Iran says MSC Aries vessel seized for âviolating maritime lawsâ – Cyprus Shipping News
9. G7 Transport Ministers meeting in Milan briefed by ICS Chairman, Emanuele Grimaldi, on Security and Decarbonisation The International Chamber of Shipping (ICS) Chairman, Emanuele Grimaldi, briefed G7 Transport Ministers in Milan, who were meeting to discuss the importance of maritime connectivity, on the sectorâs security concerns. G7 Transport Ministers meeting in Milan briefed by ICS Chairman, Emanuele Grimaldi, on Security and Decarbonisation – Cyprus Shipping News
10. Somali pirates free Bangladesh cargo ship after ransom paid Somali pirates released the hijacked ship MV Abdullah on Sunday after its Bangladeshi owners reportedly paid a $5 million (âŹ4.7 million) ransom.Meherul Karim, CEO of shipping company KSRM, said the 23 crew members had been released unharmed. Somali pirates free Bangladesh cargo ship after ransom paid – Cyprus Shipping News
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