News Flash
China To Be Top Market For Onshore Seismic In The Next Two Years; Global Recovery To Wait Until 2022
Categories: News Flash
Date: Dec 17, 2020
The global onshore seismic market has had a devastating 2020 with a 27% slump in purchase value. Ne...
Lloyd’s Lists Capt. Rajesh Unni Among Most Influential Executives
Categories: News Flash
Date: Dec 16, 2020
Lloyd’s List has named Rajesh Unni, CEO and Founder of Synergy Group, as one of the most influent...
First Newbuild Large Bulk Carrier to be Fitted with Five Rotor Sails
Categories: News Flash
Date: Dec 16, 2020
A newbuild large bulk carrier will be outfitted with the newest version of the rotor sail technolog...
Marine Transportation Industry: Preparation For Inflation
Categories: News Flash
Date: Dec 16, 2020
In 2021, both tanker and bulk freight rates should climb as commodity demand improves on a global p...
IMCA Fully Supports The Seafarers Delivering Christmas Campaign
Categories: News Flash
Date: Dec 16, 2020
The International Marine Contractors Association (IMCA) is supporting the Seafarers Delivering Chri...
India: Core Secretary Panel Set To Take Up Shipping Corporation Disinvestment
Categories: News Flash
Date: Dec 15, 2020
The cabinet secretary-headed core group of secretaries on divestment will, on Monday, take up the i...
Container Shortage Crisis Arrives For India
Categories: News Flash
Date: Dec 15, 2020
After China, the U.S., the EU and Australia, the next country to be badly hit because of container...
The Pole To Pole Network That’s Making Waves On The Internet Of Things
Categories: News Flash
Date: Dec 15, 2020
In the maritime industry, communication at sea has lagged far behind the onshore world in terms of ...
Three Killed, Five Missing After Two Ships Collide Near Shanghai
Categories: News Flash
Date: Dec 15, 2020
Two smaller container ships operating feeder routes along China’s Yangtze River collided overnigh...
New Bill To Encourage Gas Imports In Brazil
Categories: News Flash
Date: Dec 14, 2020
It is in the hands of the Chamber of Deputies to assess, change and approve a bill that promises to...
Owners’ Responsibilities Clarified In New GENCON Charter
Categories: News Flash
Date: Dec 14, 2020
The drafting team working on the revision of GENCON 94 has agreed on a new Clause 2 for shipowners...
Singapore, China To Promote Talent And Academic Exchange In Maritime Sector
Categories: News Flash
Date: Dec 14, 2020
Under the MOU, the Maritime and Port Authority of Singapore (MPA) and SMU will cooperate in two foc...
Coronavirus Slows Safety Reforms In Bangladesh’s Ship-Breaking Industry
Categories: News Flash
Date: Dec 14, 2020
The coronavirus pandemic has slowed efforts to make safer the often hazardous job of dismantling ol...
EU Leaders Unblock 1.8 Trillion Euro Budget, Recovery Fund, Eye Climate Goals
Categories: News Flash
Date: Dec 12, 2020
European Union leaders unblocked this week a 1.8 trillion euro financial package to help the econom...
Gulf Oil Inks Agreement To Buy Ocean Tankers’ Lubricants Plant In Singapore
Categories: News Flash
Date: Dec 12, 2020
Gulf Oil International Ltd, part of the Hinduja group, said it has reached an agreement to acquire ...
Covid-19 Vaccine Logistics: Potential Risks And Pain Points
Categories: News Flash
Date: Dec 12, 2020
According to the WHO, there are currently more than 100 COVID-19 vaccine candidates under developme...
Key Equipment Installed On Gazprom Neft’s Future Lng Bunker
Categories: News Flash
Date: Dec 12, 2020
Construction of Russia’s first LNG bunkering vessel is now in its final stage, with Gazprom Neft ...
Mol Announces The Integration Of The Dry Bulk Business, Wood Chip Carrier Business, And Mitsui O.S.K. Kinkai, Ltd., And The Establishment Of A New Company
Categories: News Flash
Date: Dec 12, 2020
Mitsui O.S.K. Lines, Ltd. yesterday announced the policy for the reorganization of the Dry Bulk bus...
MOL Secures Transport Deal For Wind-Powered Coal Carrier
Categories: News Flash
Date: Dec 11, 2020
Japanese shipowner Mitsui O.S.K. Lines has reached a coal transport deal with Tohoku Electric Power...
Shanghai – Europe Spot Container Rates Jump 24% In A Week
Categories: News Flash
Date: Dec 11, 2020
The Shanghai Containerized Freight Index (SCFI) Shanghai – Europe reported a rate of $2,948 per t...
BBG And Harren & Partner Combining Bulker Businesses
Categories: News Flash
Date: Dec 11, 2020
Bremen-based bulker alliance of BBG and Harren & Partner will manage a fleet of 23 bulk carrier...
Inmarsat’s Most Powerful Satellite Enters Service
Categories: News Flash
Date: Dec 11, 2020
Inmarsat, the world leader in global, mobile satellite communications, confirms commercial service ...
IMO: United in the fight against corruption
Categories: News Flash
Date: Dec 10, 2020
On International Anti-Corruption Day 2020 (9 December), IMO Secretary-General Kitack Lim has highlig...
Baltic Exchange Launches New Service For Ship Investors
Categories: News Flash
Date: Dec 10, 2020
Leading publisher of maritime market benchmarks, the Baltic Exchange, has launched a new service for...
Ships’ Recycling Activity Up, As Bangladesh Returns To The Market
Categories: News Flash
Date: Dec 10, 2020
The return of Bangladesh in the ships’ recycling market captured all the headlines this past week....
JSW Steel Crude Steel Production Rises 3% Yoy In November
Categories: News Flash
Date: Dec 10, 2020
JSW Steel said its crude steel production rose 3% to 13.32 lakh tonnes in November 2020 from 12.90 l...
Tristar Group Wins Exclusive GCC Helium Carriage Contract
Categories: News Flash
Date: Dec 09, 2020
Tristar will utilise its specially designed fleet of trucks which has advanced built-in safety fea...
K Line To Help Develop Hydrogen Supply Chain To Drive Decarbonisation
Categories: News Flash
Date: Dec 09, 2020
The Japan Hydrogen Association seeks to promote global cooperation in hydrogen-oriented activities a...
Ports of Auckland Fully-Electric Tug Hits The Water
Categories: News Flash
Date: Dec 09, 2020
Vietnam-based Song Cam Shipyard launched the world’s first fully-electric ship-handling tug of 70 ...
Seaspan Orders Five 12,200 TEU Boxships
Categories: News Flash
Date: Dec 09, 2020
Hong Kong-based containership owner Seaspan Corporation has entered into purchase orders to build fi...
Fireworks, Batteries And Liquid Ethanol Among Cargoes Lost From ONE Apus
Categories: News Flash
Date: Dec 08, 2020
Among the 1,816 containers estimated to have been lost from the 14,000 teu ONE Apus when it hit seve...
CDB Financial Leasing Acquiring 14 Vessels From Maersk Tankers Singapore
Categories: News Flash
Date: Dec 08, 2020
CDB Financial Leasing is to acquire the 14 product tankers via its 14 wholly-owned special purpose c...