Shipowners shortchanged over grain cargoes, says Swedish Club

Despite the many and varied categories of cargo damage faced by shipowners transporting grain cargoes, when it comes to claims, it’s actually cargo shortage that they need to be prepared for, says The Swedish Club, in its new publication, Bulker Focus: Carriage of grains and soya beans. In the last five years, the Club’s statistics […]

OSM Thome and Pherousa Green Shipping collaborate on Ultramax project

Norwegian companies OSM Thome and Pherousa Green Shipping AS (referred to as “PGS”) have entered into a Letter of Intent outlining their collaboration on a series of 63000 dead weight (dwt) Ultramax vessels to be ordered by PGS. The collaboration involves Phases I, II, and III, encompassing Drawing Approval, Project Development, and Site Supervision for […]

Cargill and BAR Technologies’ WindWings sets sail

Cargill and BAR Technologies’ groundbreaking WindWings innovation sets sail on open waters, testing new technology that will bring cutting edge wind propulsion to commercial shipping for the first time. Mitsubishi Corporation’s Pyxis Ocean, chartered by Cargill, is the first vessel to be retrofitted with two WindWings, which are large wing sails measuring up to 45 […]

Ground-breaking port agreement signed at Plymouth by ABP and Brittany Ferries

Associated British Ports (ABP), Plymouth City Council and Brittany Ferries have pledged to work together to support the docks to grow and to work towards Net Zero by signing a Memorandum of Understanding (MOU). The memorandum was signed last week (17 August) by Councillor Tudor Evans, Leader of Plymouth City Council, Christophe Mathieu, Chief Executive […]

NYK takes stake in vehicle terminal business in Indonesia

Japanese carrier NYK reports it has acquired a 25% stake in PT. Patimban International Car Terminal (PICT), based at the Indonesian port of Patimban. The shares were acquired from Toyota Tsusho Corporation, and registration was completed on August 18. The port of Patimban is 120 kilometres east of the Jakarta city centre and has been […]