News Flash
OPEC Leaves Oil Demand Growth Unchanged
Categories: News Flash
Date: Jan 19, 2022
Crude Oil Price MovementsBoth crude oil spot and futures prices fell for the second-consecutive mon...
North Makes Key Fixed Premium P&I Appointments To Accelerate Diversification Drive
Categories: News Flash
Date: Jan 19, 2022
North has appointed Peter Thomas as Deputy Business Claims Manager and Laura Gilbert as Underwriter...
ABS, SDTR And SDARI Develop Methanol-Fueled Bulker
Categories: News Flash
Date: Jan 19, 2022
An innovative methanol-fueled bulk carrier has been designed in a joint development project (JDP) b...
METIS Adds New Functionality To Cloud-Based Platform To Enhance Decarbonisation And Compliance Support
Categories: News Flash
Date: Jan 19, 2022
METIS Cyberspace Technology SA has launched a new set of tools to help shipping companies manage th...
S. Korea Fines Carriers $81 Million For Collusion And Price Fixing
Categories: News Flash
Date: Jan 19, 2022
South Korea’s Fair Trade Commission imposed fines totaling nearly $81 million on 23 domestic and ...
GTT Receives Two Orders For The Tank Design Of New Lng Carriers
Categories: News Flash
Date: Jan 19, 2022
GTT announces that it has received, at the end of 2021, two orders, each for the tank design of one...
Aker BP Boosts Maersk Drilling’s Backlog With $29 Million
Categories: News Flash
Date: Jan 18, 2022
Offshore rig owner Maersk Drilling and oil company Aker BP have agreed to a rig swap for an extende...
Ballast Water Equipment Manufacturers’ Association Recognized By The IMO As An Approved Voice Of The Industry
Categories: News Flash
Date: Jan 18, 2022
The Ballastwater Equipment Manufacturers’ Association (BEMA) has announced that they received new...
Port Of Boston Welcomes ‘Biggest Ship’ After $850 Million Modernization Project
Categories: News Flash
Date: Jan 18, 2022
The Port of Boston welcomed its biggest containership to date over the weekend following a $850 mil...
Scotland’s First Offshore Wind Lease In Over A Decade Raises Nearly $1 Billion In Applications
Categories: News Flash
Date: Jan 18, 2022
Scotland’s first offshore wind leasing round in more than a decade has raised nearly $1 billion i...
Korea Maritime & Ocean University Researchers Champion LPG As A Green Alternative Ship Fuel
Categories: News Flash
Date: Jan 18, 2022
Regulatory agencies monitoring the activities of ships are increasingly adopting eco-friendly measu...
‘Black Swan Event’ Needed For Tanker Rates Revival
Categories: News Flash
Date: Jan 18, 2022
London-based shipbroker, Gibson, has declared that the tanker market requires a “black swan event...
Abu Dhabi’s Drilling Contractor Only 1 Rig Shy Of 100
Categories: News Flash
Date: Jan 18, 2022
Abu Dhabi’s drilling contractor ADNOC Drilling is now only 1 rig shy of 100 following an introduc...
Bahri Inks Logistics Deal With Saudi Company
Categories: News Flash
Date: Jan 18, 2022
Bahri, the national shipping carrier of Saudi Arabia, has signed a memorandum of understanding (MoU...
NOAA Bans Mexico's Gulf Of Mexico Fishing Fleet From U.S. Ports
Categories: News Flash
Date: Jan 18, 2022
NOAA has banned all Mexican fishing vessels that operate in the Gulf of Mexico from calling at U.S....
Port Of Antwerp Sees A Rise In Container Ship Traffic In January
Categories: News Flash
Date: Jan 17, 2022
Port congestion was rising in Western Europe early Friday as the combined anchorage areas for ...
U.S. Talks To Energy Firms Over EU Gas Supply In Case Of Russia-Ukraine Conflict
Categories: News Flash
Date: Jan 17, 2022
The U.S. government has held talks with several international energy companies on contingency plans...
Thieves Are Breaking Into 90 Containers A Day In Los Angeles
Categories: News Flash
Date: Jan 17, 2022
Intermodal freight trains passing through Los Angeles' Lincoln Heights neighborhood (East LA) have ...
Hyundai Says May Challenge EU Veto Against Daewoo Deal
Categories: News Flash
Date: Jan 17, 2022
Hyundai Heavy Industries’ proposed takeover of rival Daewoo Shipbuilding & Marine Engineering...
PSA Sets Container Volume Record In 2021
Categories: News Flash
Date: Jan 17, 2022
Group must continue to seize pandemic opportunities to remain relevant, says CEO. PSA announced ...
Two Rival Players Get Green Light For Merger Plans
Categories: News Flash
Date: Jan 17, 2022
The Norwegian Competition Authority (NCA) has not raised any objections regarding the business comb...
SSY’s Greek Ambitions
Categories: News Flash
Date: Jan 17, 2022
Simpson Spence Young (SSY) has made a major move into the Greek marketplace as part of a long-term ...
Singapore Ranked Top Maritime City, 2nd Busiest Container Port
Categories: News Flash
Date: Jan 15, 2022
Singapore retains its position as the world’s second busiest container port and again ranks top i...
TotalEnergies Adds Extra Suriname Well To Maersk Rig’s Backlog
Categories: News Flash
Date: Jan 15, 2022
TotalEnergies E&P Suriname, a subsidiary of the French energy major TotalEnergies, has decided ...
Cyprus Shipping Deputy Ministry Launches Innovative Online Platform For Industry Collaboration And Progress
Categories: News Flash
Date: Jan 15, 2022
Following the launch of SEA Change 2030, a long-term strategic vision for Cyprus shipping, the Ship...
Korean Researchers Receive Design Approval For Hydrogen Tanks On Ships
Categories: News Flash
Date: Jan 15, 2022
A consortium of Korean companies and researchers is reporting that they have made significant progr...
Simpson Spence Young Acquires Anchor Shipbroking Inc.
Categories: News Flash
Date: Jan 15, 2022
Simpson Spence Young (SSY), the largest independent shipbroker in the world has today announced the...
Equinor And BP Finalize Contracts With New York State For Major Offshore Wind Projects
Categories: News Flash
Date: Jan 15, 2022
Equinor and BP on Friday announced they have finalized the Purchase and Sale Agreements (PSAs) with...
NGO Urges Canadian Authorities To Look Into Toxic Shipbreaking
Categories: News Flash
Date: Jan 15, 2022
NGO Shipbreaking Platform, a coalition campaigning for clean and safe ship recycling, has joined K...
SIPG And CMA CGM Sign 10-Year LNG Bunker Agreement
Categories: News Flash
Date: Jan 15, 2022
Shanghai International Port Group (SIPG) has signed an agreement with CMA CGM for LNG bunkering ser...
VesselsValue Acquires ViaMar AS, Norwegian Shipping Advisory Firm
Categories: News Flash
Date: Jan 15, 2022
Leading online valuation and data provider, VesselsValue, are pleased to announce their acquisition...
NAPA Logbook Awarded DNV Type Approval For MARPOL Electronic Record Keeping
Categories: News Flash
Date: Jan 15, 2022
NAPA, the leading maritime software, services, and data analysis provider, has announced that it ha...