News Flash
HydraWell, READ Unite To Create Well Integrity And P&A Specialist Supporting Energy Transition
Categories: News Flash
Date: May 17, 2022
Well integrity specialists HydraWell and READ have teamed up to create a combined company focused o...
Coast Guard: SpaceX Rocket Launch Cancelled After Royal Caribbean Cruise Ship Entered Safety Zone
Categories: News Flash
Date: May 17, 2022
A U.S. Coast Guard investigation has concluded that a Royal Caribbean International cruise ship vio...
Mitsubishi Shipbuilding And NYK Line Obtain Approval In Principle (AiP) From Classification Society ClassNK For Large LCO2 Carrier
Categories: News Flash
Date: May 17, 2022
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabush...
Peru Sues Repsol For $4.5B For Liabilities For January 2022 Oil Spill
Categories: News Flash
Date: May 17, 2022
Peru filed a civil suit again Repsol and others for liabilities in the January 2022 oil spill off i...
CSSC Jiangnan Delivers First Post-Lockdown Vessel
Categories: News Flash
Date: May 17, 2022
CSSC Jiangnan Shipyard delivered the VLEC Pacific Ineos Grenadier, to PACIFIC GAS, the first vessel...
TotalEnergies Launches Drone-Based Detection Campaign For Methane Emissions Across Oil & Gas Assets
Categories: News Flash
Date: May 17, 2022
French energy giant TotalEnergies is working to reduce methane emissions from its operations t...
HMM Launches Tianjin Sea-Rail Combined Transportation Service
Categories: News Flash
Date: May 17, 2022
South Korea-based ocean carrier HMM announced the opnening of Tianjin sea-rail combined transportat...
ITF: Seafarers Win New Connectivity Guarantees In MLC
Categories: News Flash
Date: May 17, 2022
In the latest meeting of the Maritime Labor Convention's Special Tripartite Committee (STC), delega...
Japan Coast Guard Airlifts Crew After Cargo Ship Lists
Categories: News Flash
Date: May 17, 2022
A smaller domestic cargo ship reported to the Japan Coast Guard that its cargo had shifted causing ...
Shell Joins Exxon In Losing Brazil Bet
Categories: News Flash
Date: May 17, 2022
Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon ...
Scrubber Premium Widens To Cover Opex
Categories: News Flash
Date: May 17, 2022
In the year to date, scrubber-fitted VLCCs have earned about $11,000 more per day on the spot marke...
Brazil To Sign Agreement With 10 Countries To Speed Up Customs Clearance
Categories: News Flash
Date: May 13, 2022
Brazil will sign an agreement with ten countries on 19 May to establish a faster clearance procedur...
EU Helps Ukrainian Grain Exports Get Around Russia's Naval Blockade
Categories: News Flash
Date: May 13, 2022
In order to blunt the effects of the Russian blockade of Ukraine's Black Sea coast, the European Co...
IEA Expects Oil Market To Fend Off An Acute Supply Deficit From Russian Oil Absence
Categories: News Flash
Date: May 13, 2022
Highlights• World oil demand growth is forecast to slow to 1.9 mb/d in 2Q22 from 4.4 mb/d in 1Q22...
Supporting Kenya To develop National Maritime Security Risk Register
Categories: News Flash
Date: May 13, 2022
Identifying emerging threats to maritime security is key in developing the right tools to ensure so...
Cadeler Adds Jack-Up Foundation Installation Vessel At Cosco
Categories: News Flash
Date: May 13, 2022
Cadeler has signed a $345m contract with Cosco Shipping Heavy Industries for a construction of a ja...
Bureau Veritas Approves EODev’s Electro-Hydrogen Power Solutions For The Maritime Industry
Categories: News Flash
Date: May 13, 2022
Bureau Veritas (BV), a world leader in testing, inspection, and certification, recently approved th...
Supporting Port Security In Madagascar
Categories: News Flash
Date: May 13, 2022
Strengthening port security is the focus of a five-day workshop (9-13 May) in Antananarivo, Madagas...
CMA CGM Will Pay US Shippers Incentives For Early Container Returns
Categories: News Flash
Date: May 13, 2022
CMA CGM Group is implementing the shipping industry’s first early container return incentive prog...
OPEC Revises Oil Demand Growth Downwards
Categories: News Flash
Date: May 13, 2022
Crude Oil Price Movements Crude oil spot prices dropped in April after three-consecutive months of ...
DP World Reduces Emissions At Chile Terminals
Categories: News Flash
Date: May 13, 2022
DP World Chile has managed to reduce emissions at its San Antonio and Lirquén port terminals by 50...
ICS And Suez Canal Authority Step Up Dialogue On Tolls And Decarbonisation
Categories: News Flash
Date: May 13, 2022
The International Chamber of Shipping (ICS) and the Suez Canal Authority (SCA) have formalised dial...
Norway Sets New Offshore Wind Target, Plans Green Electricity Exports
Categories: News Flash
Date: May 13, 2022
Norway’s Government has thrown its weight behind a drive to boost the offshore wind sector, layin...
Swire Shipping Joins The World Shipping Council
Categories: News Flash
Date: May 13, 2022
Singapore-headquartered Swire Shipping has joined liner shipping representative body the World Ship...
Aquadrill To Sell Semi-Submersible Rig To Brazil’s PetroRio
Categories: News Flash
Date: May 12, 2022
Aquadrill, formerly known as Seadrill Partners, has entered into a memorandum of agreement with Bra...
Sustainable Marine Exports First Floating Tidal Power To Nova Scotia Grid
Categories: News Flash
Date: May 12, 2022
UK-based marine energy company Sustainable Marine has harnessed the enormous tidal currents in Cana...
TORM Plc Posts Improved First Quarter Results With Product Tanker Market Recovering Strongly
Categories: News Flash
Date: May 12, 2022
In Q1 2022, TORM achieved TCE rates of USD/day 16,743 (2021, same period: USD/day 13,493) and an EB...
World’s First Autonomous Commercial Ship Voyage In Congested Water Successfully Completed
Categories: News Flash
Date: May 12, 2022
The world’s first autonomous commercial ship voyage in congested waters, powered by Orca AI, in p...
MAN Energy Solutions Makes Agreement With STX
Categories: News Flash
Date: May 12, 2022
MAN Energy Solutions has signed a cooperation agreement with STX Heavy Industries Co., Ltd., to del...
African Competition Increases As Hapag Develops New Terminal In Egypt
Categories: News Flash
Date: May 12, 2022
Hapag-Lloyd is developing a large container terminal in the northern Egyptian port of Damietta that...
ICTSI Invests Over $20 Million In IT At Manila Terminal
Categories: News Flash
Date: May 12, 2022
International Container Terminal Services, Inc. (ICTSI) has invested more than $20m in information ...
PSA and CMA CGM team up on digital just-in-time arrival tool
Categories: News Flash
Date: May 12, 2022
CMA CGM and PSA are collaborating on a digital just-in-time-arrival solution that could provide up ...