BBN Take-A-Break | Tufton's Kamsarmax Bulker Sets Sail Towards Greener Horizons with Innovative Rotor Sails

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Your Newsletter For Heavylift, Breakbulk & Project Cargo

Your Newsletter For Heavylift, Breakbulk & Project Cargo

LATEST NEWS

Tufton’s Kamsarmax Bulker Sets Sail Towards Greener Horizons with Innovative Rotor Sails

In a groundbreaking move towards more sustainable shipping practices, the 82,000 dwt Kamsarmax bulk carrier, TR Lady, has undergone a remarkable transformation. Anchored at the Chengxi Shipyard in China, the vessel, owned by TR Lady Shipping Ltd and under a…

Enhancing Sustainable Logistics: HGK Shipping and Salzgitter AG Group Forge Inland Waterway Partnership

In a bid to revolutionize sustainable supply chains on inland waterways, HGK Shipping and Salzgitter AG Group have embarked on a collaborative venture. A memorandum of understanding (MoU) was recently signed between Europe's largest inland waterway shipping company, HGK Shipping,…

China Surpasses Greece to Become World’s Largest Shipowner

China has overtaken Greece as the world's largest shipowning country, a significant development that highlights its growing influence in global maritime trade. This transition is evident in a key metric – gross tonnage – where China's maritime firms now surpass…

INDUSTRIAL UPDATE

DHL Global Forwarding Announces Leadership Changes in Air Freight Division

In a strategic move aimed at strengthening its global leadership team, DHL Global Forwarding, a renowned player in the air and ocean freight industry and a subsidiary of DHL Group,…

Wallenius Wilhelmsen Commits to Net-Zero Emissions with New Vessel Investment

Image: Wallenius Wilhelmsen Wallenius Wilhelmsen ASA, a prominent figure in the roll-on/roll-off (RoRo) shipping and vehicle logistics sector, has taken a bold step towards combatting climate change. The company has…

Tanker Market: VLCC Rates Slip Amidst Mixed Performance Across Segments

In the ever-shifting landscape of the maritime industry, the VLCC (Very Large Crude Carrier) market has seen a marginal decline this week, reflecting a trend favoring shorter voyages. This development…

PORT UPDATE

DP World’s Ambitious Expansion Plans to Boost Global Supply Chain Resilience

DP World, a prominent global trade enabler, is gearing up to bolster global supply chain resilience by adding a substantial 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the close of this year. As a result…

Evergreen Acquires 20% Stake in Rotterdam’s Euromax Terminal, Expanding Global Presence

Taiwanese maritime juggernaut Evergreen has solidified its global footprint with a strategic move, acquiring a significant 20% stake in Rotterdam's Euromax terminal for a notable EUR72.5 million ($109 million). Industry insiders, such as analysts at Alphaliner, speculate that the seller…

Australia Sets Sail Towards Renewable Energy Horizon with Illawarra Offshore Wind Zone

In a significant stride towards a greener future, Australia is propelling its renewable energy ambitions forward by embarking on a journey to establish the Illawarra Renewable Energy Zone. This pioneering move, announced by the Australian federal government, marks a pivotal…

Wilson Sons Reports Impressive 23% Profit Surge in H1, Revenues Reach R$1.2bn

Wilson Sons, the Brazilian titan in port and maritime logistics, has announced a staggering 23% surge in profit during the first half of this year, marking a substantial rise from the same period in 2022. The company's profit reached an…

ENVIRONMENTAL NEWS

Tufton’s Kamsarmax Bulker Sets Sail Towards Greener Horizons with Innovative Rotor Sails

17 August 2023

In a groundbreaking move towards more sustainable shipping practices, the 82,000 dwt Kamsarmax bulk carrier, TR Lady, has undergone a remarkable transformation. Anchored at the Chengxi Shipyard in China, the vessel, owned by TR Lady…

MORE NEWS

EU Emission Trading System and its Implications for International Shipping: A Comprehensive Overview

In the realm of international shipping, a significant development is poised to reshape the landscape as we know it. The EU Emission Trading System, long-established to curb carbon emissions, is now gearing up to extend…

Container Rates Surge on Far East Trade Routes Following Latest Rate Increase

The maritime shipping industry has been grappling with significant challenges throughout 2023, contending with a confluence of factors including diminishing demand, rising overcapacity, and ongoing economic uncertainties. However, recent developments reveal a glimmer of hope…

[Video] Fire Onboard Container Ship MV KMTC Shenzhen Brought Under Control

In a dramatic overnight operation, the fire that broke out onboard the container ship MV KMTC Shenzhen has been successfully controlled, thanks to the swift and coordinated efforts of the Selangor Fire and Rescue Department…

Rise in Maritime Petty Crimes: Three Bulk Carriers Robbed in Singapore Strait

In a concerning development, three large bulk carriers fell victim to robbery in the bustling waters of the Singapore Strait during the past week. The Singapore regional maritime security center issued a report on Friday,…

HMM Boosts Fleet Diversification: Orders Four Heavylift Quartet from China

South Korean shipping giant, HMM, takes a leap forward in its fleet expansion strategy by securing an order for four cutting-edge heavylift vessels from China.

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