News Flash

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ONE And PSA Launch Jurong Island Barge Service

Categories: News Flash

Date: Dec 03, 2021

Ocean Network Express (ONE) and PSA Corp in Singapore have launched a barge service between pertroc...

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Beibu Gulf Port Investing $10.6M In Infrastructure Construction

Categories: News Flash

Date: Dec 03, 2021

Beibu Gulf Port is planning to invest RMB67.6bn ($10.6m) for port and shipping infrastructure const...

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BAE Systems Propulsion System For 1st US Hydrogen Fuel Cell-Powered Vessel

Categories: News Flash

Date: Dec 03, 2021

British company BAE Systems has installed its zero-emission propulsion system in the first U.S. hyd...

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Belships Sells Two Oldest Supramaxes To Modernize Its Fleet

Categories: News Flash

Date: Dec 03, 2021

Norwegian shipping company Belships has entered into agreements for the sale of two 58,00...

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Samsung Heavy Gets Rid Of Ex-Ocean Rig Drillship With Hopes To Sell Three More

Categories: News Flash

Date: Dec 03, 2021

South Korea’s shipbuilder Samsung Heavy Industries has agreed to sell a former Ocean Rig drillshi...

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CULines Opens Malaysia Office

Categories: News Flash

Date: Dec 03, 2021

Rapidly expanding Chinese container carrier CULines has opened up office in Klang, Malaysia. CUL...

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The World’s First Full Scale Hydrogen Based Propulsion System Launched By Kongsberg

Categories: News Flash

Date: Dec 03, 2021

KONGSBERG has celebrated a world first by testing and verifying a full-scale, full-size, zero-emiss...

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DSME Lands Orders For 6 LNG Carriers

Categories: News Flash

Date: Dec 03, 2021

Daewoo Shipbuilding & Marine Engineering (DSME) has won orders for six LNG carriers worth 1.5 t...

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Wallenius And Alfa Laval Proceed With JV To Develop Wind Propulsion

Categories: News Flash

Date: Dec 02, 2021

Swedish shipping company Wallenius and engineering company Alfa Laval have completed the terms of t...

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Jurong Port Joins The Castor Initiative

Categories: News Flash

Date: Dec 02, 2021

Singapore’s Jurong Port has become the newest member of the Castor Initiative coalition aimed a d...

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Wärtsilä Scores Gig For NorthStar’s 2nd LNG Bunker Vessel

Categories: News Flash

Date: Dec 02, 2021

The Finnish technology group Wärtsilä has won the order to supply cargo handling system for the s...

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Octopus Bidco AS Announces Completion Of Voluntary Offer And Contemplated Compulsory Acquisition

Categories: News Flash

Date: Dec 02, 2021

Reference is made to the announcement dated 8 November 2021, in which Octopus Bidco AS (the “Offe...

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CMA CGM, Shell Wrap Up 1st BioLNG Bunkering Trial

Categories: News Flash

Date: Dec 02, 2021

French shipping and logistics company CMA CGM and Anglo-Dutch oil and gas company Shell have perfor...

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K Line Announces Introduction of AI-Powered Contract Intelligence Platform

Categories: News Flash

Date: Dec 02, 2021

We, Kawasaki Kisen Kaisha Ltd. (“K” LINE), have decided to introduce a cloud-based AIpowered ...

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The EU Agrees: The Recycling Of Ships Is A Matter Of Global Environmental Justice

Categories: News Flash

Date: Dec 02, 2021

In its proposal for a new regulation on waste shipments published last week, the European Commissio...

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PSA Inks Agreement To Acquire BDP International From Greenbriar Equity Group

Categories: News Flash

Date: Dec 02, 2021

PSA International Pte Ltd (“PSA”), a leading global port group and trusted partner to cargo sta...

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EBRD Supports Eco-Friendly Expansion Of Turkish Port

Categories: News Flash

Date: Dec 01, 2021

The European Bank for Reconstruction and Development (EBRD) has provided an $8.5 million loan for a...

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ABS Leads U.S. Government Backed Project To Accelerate Approval Of Additive Manufacturing Technologies

Categories: News Flash

Date: Dec 01, 2021

ABS is leading a project backed by the U.S. government to develop tools and technologies to acceler...

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World’s 1st Methanol-Fuelled Towboat To Hit Waters In 2023

Categories: News Flash

Date: Dec 01, 2021

The US-based Maritime Partners has revealed that the M/V Hydrogen One, the world’s first methanol...

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Bestway Inks Contract For Up To Eight Vessels With German Owner

Categories: News Flash

Date: Dec 01, 2021

Bestway Marine and Energy Technology has signed four plus four multi-purpose bulk vessel newbuild c...

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Wilson Sons Sets Record For Ship-To-Ship LNG Operations

Categories: News Flash

Date: Dec 01, 2021

During the last 10 months, Wilson Sons has registered a record of LNG ship-to-ship operations (STS)...

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First Berths At Singapore’s Tuas Port To Be Operational By Year End

Categories: News Flash

Date: Dec 01, 2021

Singapore has completed reclamation works for the first phase it’s new mega-container port – Tu...

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CMA CGM Implements Incentive Program To Ease Congestion At The Ports Of Los Angeles And Long Beach

Categories: News Flash

Date: Dec 01, 2021

The CMA CGM Group, a world leader in shipping and logistics, will implement an Early Container Pick...

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US Hydrogen Fuel Cell Powered Ferry Completes First Fueling

Categories: News Flash

Date: Dec 01, 2021

In the race to develop and operate hydrogen fuel cells for commercial vessels, the U.S. effort know...

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ICS Urges WTO Director General To Prioritise Maritime Transport In Multilateral Trade Negotiations

Categories: News Flash

Date: Dec 01, 2021

The International Chamber of Shipping (ICS) has called for maritime transport to be prioritised in ...

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Wallenius Wilhelmsen Elects New CEO

Categories: News Flash

Date: Nov 30, 2021

Oslo-headquartered shipping company Wallenius Wilhelmsen has named Lasse Kristoffersen as the new c...

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New Hydrogen Fuel Project To Bypass Shoreside Infrastructure

Categories: News Flash

Date: Nov 30, 2021

Wärtsilä and partners including ABB, RINA, Helbio, the Liberian Registry, and an unidentified ene...

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SHI And Microsoft Join Forces For Shipyard Digitalisation

Categories: News Flash

Date: Nov 30, 2021

South Korean shipbuilder Samsung Heavy Industries (SHI) has formed a strategic partnership wit...

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Asda Charters Containership To Beat Christmas Supply Chain Crunch

Categories: News Flash

Date: Nov 30, 2021

Supermarket chain Asda in the UK is the latest retailer to turn to chartering its own containership...

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Wärtsilä Partners With China Classification Society And Tianjin Port Group To Advance China’s Intelligent Vessel Standards And Next-Gen Tug Technology

Categories: News Flash

Date: Nov 30, 2021

The intelligent marine technology company, Wärtsilä Voyage, has signed an MoU with the China Clas...

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Ports Of LA And Long Beach Delay Container Dwell Fee For Third Week

Categories: News Flash

Date: Nov 30, 2021

The Ports of Los Angeles and Long Beach have postponed the introduction of a container dwell fee fo...

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Bankrupt Tianjin Xingang Heavy Industry Reborn As CSSC (Tianjin) Shipbuilding

Categories: News Flash

Date: Nov 30, 2021

Debt-laden Tianjin Xingang Heavy Industry has been restructured as CSSC (Tianjin) Shipbuilding foll...