News Flash

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Amid Heightened Speculation, No Final Decision On East Container Terminal, Says Sri Lanka

Categories: News Flash

Date: Nov 12, 2020

Although the Sri Lankan government is yet to declare its final position on developing the strate...

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Shipping Alliances Help Container Industry Boost Freight Rates In Coronavirus Pandemic

Categories: News Flash

Date: Nov 12, 2020

Container shipping has sailed through the coronavirus pandemic largely unscathed, as ship-sharing al...

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International Marine Shipping Industry Considers Nuclear Propulsion

Categories: News Flash

Date: Nov 12, 2020

It didn’t take a Biden-Harris win to make the world’s shipping industry act to decrease their ca...

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Russian Containership Causes COVID-19 Precautions in South Pacific

Categories: News Flash

Date: Nov 12, 2020

The Cypriot-flagged container ship Fesco Askold, operated by the Russian Far Eastern Shipping Compa...

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Japan's Roboship Project Conducts Proof of Concept Remote Control Test

Categories: News Flash

Date: Nov 12, 2020

Japan’s Roboship project became the latest group to conduct successful tests of a remote-controlle...

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Great Eastern’s Bulk Carrier Crew Stuck At Chinese Port For 5 Months Without Relief-Business Journal

Categories: News Flash

Date: Nov 11, 2020

Twenty-three Indian crew on board a bulk carrier owned by the Great Eastern Shipping Co Ltd are...

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Shipping Ministry to be Renamed as Ministry of Ports, Shipping and Waterways: PM Modi

Categories: News Flash

Date: Nov 11, 2020

The Union Ministry of Shipping is being renamed as the Ministry of Ports, Shipping and Waterways...

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Maritime Market Update: Shipping Industry Under Biden

Categories: News Flash

Date: Nov 11, 2020

Risavika LNG front month has dropped 0.5 % week on week to 23.95 EUR/MWh. Gas supply to European gas...

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Portall Infosystems To Collaborate With Cloud-Based Freight Forwarding Answer Boxnbiz

Categories: News Flash

Date: Nov 11, 2020

Portall Infosystems, which runs the federal government’s Port Group System referred to as PCS1x, w...

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Synergy Group Completes FSU Conversion

Categories: News Flash

Date: Nov 10, 2020

The FSU, which has a projected lifespan of 15 years, was delivered to its owner last week. Synergy w...

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Environmentally Friendly Ballast Water Solution with Unique Advantages

Categories: News Flash

Date: Nov 10, 2020

Built on nearly two decades of expertise in the global water disinfection and treatment market, Atla...

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BIMCO Prepares Contract Template for Autonomous Shipping Deals

Categories: News Flash

Date: Nov 10, 2020

Shipping association BIMCO is adapting one of its standard contracts for use with future autonomous ...

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Panama Celebrates 117 Years as a Republic and 199 Years of Independence

Categories: News Flash

Date: Nov 10, 2020

On the commemoration of the National Day of the Republic of Panama celebrating 117 years as a Republ...

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Dry Bulk Market Could Rally If Scrapping Activity Picked Up

Categories: News Flash

Date: Nov 10, 2020

The dry bulk market could be heading for a rally, if ship owners commit to more scrappings. In its l...

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HK Shipping Company and Power Company to Promote Carbon Offsetting

Categories: News Flash

Date: Nov 07, 2020

In an effort to raise awareness and promote carbon offsetting to the shipping industry, the Hong Kon...

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Australia Holds Cargo Ship to Complete Overdue Crew Change

Categories: News Flash

Date: Nov 07, 2020

Australian authorities are continuing their strict enforcement programs designed to ensure the welfa...

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4th BIMCO Report on the IMSBC Code Amendments – Re-classification of Dangerous Goods

Categories: News Flash

Date: Nov 07, 2020

BIMCO started reporting from 30 September 2020, a series of articles, informing members of what to e...

Korean Shipping Companies Benefiting from Special Government Guarantee

Categories: News Flash

Date: Nov 07, 2020

South Korean shipping companies are enjoying high growth thanks to the South Korean government’s p...

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First Ever Standard Contract For Autonomous Ship Operation Underway

Categories: News Flash

Date: Nov 07, 2020

BIMCO is adapting the currently used SHIPMAN 2009 agreement for use with autonomous ships, but the l...

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European Commission Gives IHM Enforcement Guidance

Categories: News Flash

Date: Nov 07, 2020

“There has been substantial industry lobbying of the EU Commission for an extension to the deadlin...

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NYK Takes Full Control of Green Zeebrugge LNG Bunkering Vessel

Categories: News Flash

Date: Nov 06, 2020

To remind, the joint venture was established by NYK Line, Engie and Mitsubishi Corporation as an LNG...

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Nigerian National Petroleum Company Reports Blast on Storage Vessel

Categories: News Flash

Date: Nov 06, 2020

The Nigerian National Petroleum Corporation (NNPC) has confirmed an explosion aboard a tanker used f...

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Crew Feel ‘Forgotten and Abandoned’ LR Survey Finds

Categories: News Flash

Date: Nov 06, 2020

There are currently 400,000 seafarers stuck at sea, according to the International Maritime Organiza...

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Mitsui O.S.K. Lines Reports First Half Results

Categories: News Flash

Date: Nov 06, 2020

The average exchange rate of Japanese yen against the U.S. dollar during the first six months of fis...

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Shipping Demand To Suffer After Wave of New Lockdowns

Categories: News Flash

Date: Nov 06, 2020

Freight rates are about to face renewed downward pressure, on the back of a new wave of lockdowns ar...

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World’s Largest LNG-Powered Boxship CMA CGM Jacques Saade Arrives UK

Categories: News Flash

Date: Nov 05, 2020

The world’s largest containership powered by liquefied natural gas (LNG), the CMA CGM Jacques Saa...

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U.S. Completes Withdrawal From Paris Climate Accord

Categories: News Flash

Date: Nov 05, 2020

The United States has formally departed the Paris Climate Accord, becoming the only signatory nation...

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Ship Owners Shun Away from the Demolition Market

Categories: News Flash

Date: Nov 05, 2020

Despite enough potential supply of tonnage primed for demolition, it seems that the conclusion of de...

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Coronavirus Surge Throws Oil Recovery Into Reverse

Categories: News Flash

Date: Nov 05, 2020

Oil futures prices have started to signal OPEC+ may have to do more to offset a second wave of coron...

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Navios Maritime Acquisition Corporation Announces Delivery of One VLCC

Categories: News Flash

Date: Nov 04, 2020

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the...

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ICS Calls for Increased Female Employment and Diversity for Seafarers

Categories: News Flash

Date: Nov 04, 2020

While the shipping industry is known for the diversity of nationalities employed at sea, one area wh...

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INTERCARGO Calls for All Charterers to Allow Crew Changes

Categories: News Flash

Date: Nov 04, 2020

Charterers in some instances have been preventing crew changes from occurring, according to INTERCAR...