News Flash
Great Eastern Becomes India's Biggest Shipowner by Vessel Count
Categories: News Flash
Date: Jan 03, 2021
When it comes to shipowning nations, the likes of Greece, China, and the USA are the first countrie...
India Proposes Crew Change At Sea For Ships Stranded Off China
Categories: News Flash
Date: Jan 03, 2021
Indian authorities proposed to their Chinese counterparts facilitating a crew change at sea for the...
Historic Great Lakes Ferry Acquired By Interlake
Categories: News Flash
Date: Jan 03, 2021
The historic Great Lakes passenger-car ferry the S.S. Badger has been acquired by the Int...
STI To Extend Concession, Invest Over $44m In Port Of San Antonio
Categories: News Flash
Date: Jan 02, 2021
As informed, the original concession expiring in 2025 will continue until 2030. Under the new plan,...
Brexit: What To Expect In The Port Of Rotterdam?
Categories: News Flash
Date: Jan 02, 2021
Midnight on 31 December will mark the end of the Brexit transition period in which no customs forma...
POSCO Moving to Expand Supply of Steel Products for LNG-fueled Vessels
Categories: News Flash
Date: Jan 02, 2021
POSCO is focusing on liquid natural gas (LNG)-powered vessels as global demand for these eco-friend...
Shipping Faces New Turmoil In European Emissions Trading Plan
Categories: News Flash
Date: Dec 31, 2020
Cooperation in the shipping industry to cut pollution from oceangoing vessels is running aground in...
China To Further Cut Crude Steel Output For Carbon Neutrality Goal
Categories: News Flash
Date: Dec 31, 2020
China will resolutely cut the output of crude steel and ensure it falls year on year in 2021, a sen...
Saudi Arabia Expected To Raise February Crude Prices For Asia: Survey
Categories: News Flash
Date: Dec 31, 2020
Top oil exporter Saudi Arabia is expected to raise its official selling prices (OSPs) for Asian b...
Oil demand won’t fully recover until 2022 — IHS Markit
Categories: News Flash
Date: Dec 31, 2020
Global oil demand will likely take another year or so to return to pre-pandemic levels — by late ...
Navigator Holdings Ltd. Announces Closing Of The Sale of 39.1% Equity Interest To BW Group Limited and Changes To The Board of Directors
Categories: News Flash
Date: Dec 30, 2020
Navigator Holdings Ltd., today announced that the previously announced sale by funds managed by WL ...
COSCO Faces Backlash As It Moves To Tighten Grip On Greek Port
Categories: News Flash
Date: Dec 30, 2020
Global conglomerate China COSCO Shipping is gearing up for a fight as it seeks to tighten its grip ...
UAE Emerges As Hub For Companies Helping Venezuela Avoid U.S. Oil Sanctions
Categories: News Flash
Date: Dec 30, 2020
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shi...
Adani Ports Jumps, Crosses ₹1 Trillion In Market Capitalization
Categories: News Flash
Date: Dec 29, 2020
Adani Ports and Special Economic Zone Ltd crossed ₹1 trillion in market capitalisation for the fi...
USCG Vessel Spills Oil In Alaska
Categories: News Flash
Date: Dec 29, 2020
On 26 December, USCG said it responded “to a report of a discharge of hydraulic oil from Coa...
Plocan Tackles Underwater Noise From Shipping
Categories: News Flash
Date: Dec 29, 2020
Plocan is in charge of developing a Virtual Research Environment that collects and allows external ...
Maersk Elba Loses Power After Fire Off Portugal
Categories: News Flash
Date: Dec 29, 2020
The vessel in question is the 13,092 TEU Maersk Elba, owned by Japan’s Financial Products Group. ...
Seaways Shipping Inks Pact With MOL Logistics For Supply Chain Services
Categories: News Flash
Date: Dec 28, 2020
Hydearbad-based Seaways' group flagship Seaways Shipping and Logistics on Monday said it has ente...
Bunker Suppliers Reliance, IOC, BP, HP & Nayara Gets Show-Cause Notice For Violating Surveillance Audit
Categories: News Flash
Date: Dec 28, 2020
The Directorate General of Shipping has sought an explanation from ship fuel (bunker) suppliers suc...
China Okays KSOE-DSME Merger
Categories: News Flash
Date: Dec 28, 2020
China’s State Administration for Market Regulation (SAMR) recently informed KSOE that the propose...
Panama Canal Wait Time Rise For Asia-bound LNG Cargoes Without Reservations
Categories: News Flash
Date: Dec 28, 2020
Average Panama Canal passage wait times for Asia-bound LNG tankers from the US Gulf Coast without r...
South Korea Unveils Initiative To Promote Eco-Friendly Ship Technologies
Categories: News Flash
Date: Dec 25, 2020
Entitled “2030 Green Ship-K Initiative”, it is part of the country’s Act on Promotion of the...
CMA CGM Names 4th 23,000 TEU LNG-Powered Boxship
Categories: News Flash
Date: Dec 25, 2020
The naming ceremony was held on December 22 in Shanghai. She is the 4th of the nine 23,000 LNG-p...
OPEC: Oil Market Review Of 2020 And Outlook For 2021
Categories: News Flash
Date: Dec 25, 2020
While 2020 began on relatively solid footing, the COVID-19 pandemic upended all expectations, espec...
As 2021 Will Bring The Largest Crude Deficits In Years, A Window Of Opportunity Opens For Producers
Categories: News Flash
Date: Dec 25, 2020
The Covid-19 pandemic has devastated crude and condensate demand in 2021, creating massive supply s...
Container Debris “Sprouts up” on Oregon Coast
Categories: News Flash
Date: Dec 25, 2020
The Oregon State Parks authority is responding to reports of debris from a cargo container washing ...
Hapag-Lloyd Orders Six LNG-Powered 23,500 TEU Containerships
Categories: News Flash
Date: Dec 24, 2020
The $ 1 billion investment will see the LNG-powered 23,500+ TEU vessels delivered to Hapag-Lloyd be...
Ship Recycling Market Looking Active as Tonnage Supply Increases
Categories: News Flash
Date: Dec 24, 2020
More ship owners appeared willing to offload their older ships as 2020 nears its end. In its latest...
Maersk Receives 4.9 Stars Out Of 5 On Environmental Reporting
Categories: News Flash
Date: Dec 24, 2020
Maersk is not only the largest container carrier in the world but also the shipping company leading...
ONE Announces Letter Of Intent For Long-Term Charter Of World's Largest Ultra Large Container Ships
Categories: News Flash
Date: Dec 24, 2020
The new buildings are planned to be built by the consortium of Imabari Shipbuilding and Japan Marin...
Congress Approves Houston Ship Channel Dredging Project
Categories: News Flash
Date: Dec 23, 2020
The massive stimulus package passed by the House and Senate this week included a wide variety of ad...
Two Chinese Vessels in Distress in Storm off Vietnam Prompting Rescues
Categories: News Flash
Date: Dec 23, 2020
A strong storm moving across the South China Sea in the area near Vietnam placed two Chinese-owned ...