News Flash
Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge
Categories: News Flash
Date: Feb 02, 2021
The UK Hydrographic Office (UKHO) has announced leading geospatial intelligence technology provider...
Furuno Launches The First IMO-compliant X-band and S-band Radar Package
Categories: News Flash
Date: Feb 01, 2021
FURUNO ELECTRIC CO., LTD. (headquartered in Nishinomiya, Japan) presents, for the first time, a com...
KDB Moving To Sell Off HMM To POSCO
Categories: News Flash
Date: Feb 01, 2021
Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine...
MOL Announces Restructuring Measures
Categories: News Flash
Date: Feb 01, 2021
Mitsui O.S.K. Lines, Ltd. yesterday announced that it will restructure the organization effective A...
Shipping Industry Seeks Govt. Help To Deal With Piracy In Gulf of Guinea
Categories: News Flash
Date: Feb 01, 2021
Cargo from the oil-rich region plays a crucial role in ensuring India’s energy security The In...
Avenir LNG Limited Announces The Launch Of The Avenir Allegiance
Categories: News Flash
Date: Jan 30, 2021
Avenir LNG Limited announces the launch of the Avenir Allegiance; the world’s largest dual-purpos...
Australian Coal Trade Up Despite Chinese Woes
Categories: News Flash
Date: Jan 30, 2021
The value of Australia’s coal exports increased by 26% in the month of December, compared with No...
Maersk Tankers Sells Its First Wind-Assisted Vessel
Categories: News Flash
Date: Jan 30, 2021
Maersk Tankers, which spearheads Maersk's liquid bulk business, recently announced a decision ...
IMO Says Transition To LSFO Went Extremely Smooth With Only 55 FONAR Reports
Categories: News Flash
Date: Jan 30, 2021
The transition to low sulphur in fuel oil in 2020 saw only 55 cases of 0.50% compliant fuel being u...
Grimaldi Welcomes 3rd Hybrid RO-RO Vessel Into The Fleet
Categories: News Flash
Date: Jan 30, 2021
Eco Livorno, the third of twelve hybrid vessels of the Grimaldi Green 5th Generation (GG5...
US Shipbuilders Show Support For Biden Following ‘Buy American’ Executive Order
Categories: News Flash
Date: Jan 29, 2021
US shipbuilders and the offshore sector have added their support to new US President Biden this as ...
MOL Sends Its First LNG Carrier To The Breakers
Categories: News Flash
Date: Jan 29, 2021
Japanese shipowner Mitsui OSK Lines (MOL) has bid farewell to the first and oldest LNG carrier in i...
Italy & France Pull The Plug On Fincantieri’s Takeover Of Chantiers De l’Atlantique
Categories: News Flash
Date: Jan 29, 2021
The planned mega-merger between Italian shipbuilding major Fincantieri with its French counterpart ...
Wartsila’s Marine New Orders Decline 23% In 2020
Categories: News Flash
Date: Jan 29, 2021
The impact of the Covid-19 pandemic and a slump in shipbuilding contracting resulted in Wartsila’...
Alfa Laval Joins Mærsk Mc-Kinney Møller Center For Zero Carbon Shipping
Categories: News Flash
Date: Jan 29, 2021
Alfa Laval has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to work on the d...
Huge Shift Underway To LNG As A Fuel To Reduce Emissions
Categories: News Flash
Date: Jan 28, 2021
LNG as a transition fuel to reduce CO2 emissions is fast gaining traction as is evidenced by a grow...
Biden Backs The Jones Act In A New Executive Order
Categories: News Flash
Date: Jan 28, 2021
The U.S. President Joseph R. Biden, who took office just a week ago, is powering through very busy ...
Kanfer Shipping AS Signs LOI For Two Small-Scale LNG Bunker Vessels
Categories: News Flash
Date: Jan 28, 2021
Kanfer Shipping AS (“Kanfer”), the Norway-based shipping company focusing on small-scale LNG se...
Shell Awarded LNG Bunkering License In Gibraltar
Categories: News Flash
Date: Jan 28, 2021
Shell has secured a LNG bunkering licence from the Gibraltar government, allowing the oil major to ...
Czech Republic Added To Philippines International Crew Change Ban
Categories: News Flash
Date: Jan 28, 2021
The Philippine's temporary ban on international crew change is being extended to cover seafarers co...
Red Sea Gateway Terminal To Sell 40% Stake To Cosco And PIF
Categories: News Flash
Date: Jan 28, 2021
China’s Cosco Shipping Ports Limited (CSPL) and Saudi Arabia’s Public Investment Fund (PIF) hav...
Havyard Wins Deal To Develop Hydrogen Zero-Emission Vessel Concept
Categories: News Flash
Date: Jan 23, 2021
Norway’s Havyard has received a contract from a European company to develop a new zero-emission s...
Scotland Opts For Greenports Instead Of Freeports
Categories: News Flash
Date: Jan 23, 2021
Scotland has unveiled plans to establish a new model of greenports focused on inclusive growth, fai...
Crew Abandoned For 11 Months Calls For Action Staging A Hunger Strike
Categories: News Flash
Date: Jan 23, 2021
The crew of a bulk carrier abandoned by its owner and flag state is staging a hunger strike t...
Panama Canal Signs MoUs With Panama Ports Company And PSA Panama International Terminal To Optimize Supply Routes for COVID-19 Vaccine Distribution
Categories: News Flash
Date: Jan 23, 2021
The Panama Canal has signed memorandums of Understanding with Panama Ports Company (PPC) and PSA Pa...
Maersk Essen Losses 750 Containers Overboard On Pacific Voyage
Categories: News Flash
Date: Jan 22, 2021
With losses of containers overboard already in focus following the ONE Apus incident the 13,092 teu...
World’s Largest VLEC Departs Texas With Record Shipment To China
Categories: News Flash
Date: Jan 22, 2021
The largest single shipment of ethane to date departed the terminal in Texas bound for China. The g...
MOL Has Decided To Establish ‘MOL PLUS’ As Corporate Venture Capital Fund
Categories: News Flash
Date: Jan 22, 2021
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it deter...
DHT Renews Fleet With Scrubber-Fitted, Eco-Design Duo
Categories: News Flash
Date: Jan 22, 2021
DHT Holdings, Inc. has entered into an agreement to acquire two very large crude carriers (VLCCs) b...
SpaceX Converts Two Ultra-Deepwater Rigs Into Rocket Launch Pads
Categories: News Flash
Date: Jan 22, 2021
Commercial space flight operator SpaceX has purchased two oil rigs from Valaris for conversion into...
Brazil Includes Port Workers In Priority Group To Receive Covid-19 Vaccine
Categories: News Flash
Date: Jan 21, 2021
Brazil is the first country in the Americas to include port workers, as well as other transport pro...
Russian Arctic Tanker Reported To Experience Propulsion Problem
Categories: News Flash
Date: Jan 21, 2021
Russian media is reporting one of the NOVATEK ice-class Arctic LNG tankers chartered by the Yamal L...