News Flash

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China’s First Offshore Large-Sized Deepwater Gas Field Starts Production

Categories: News Flash

Date: Jun 25, 2021

CNOOC Limited has started production from China’s first offshore large-sized independent deepwate...

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Ship Finance For Greek Shipping Declined By 6.24% In 2020, As Loan Value Fell Under $50 Billion

Categories: News Flash

Date: Jun 25, 2021

Afurther reduction of the overall loans towards Greek shipping companies is the main conclusion fro...

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Pole Star Acquires Start-up Vasanda To Strengthen Sustainability Offering

Categories: News Flash

Date: Jun 24, 2021

The acquisition, which follows growth investment in Pole Star in April 2021, will provide a ne...

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Equity And Bank Finance Making A Comeback In Shipping

Categories: News Flash

Date: Jun 24, 2021

On the equity front, shipping is back in favour with investors big time. “The environment is such...

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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Categories: News Flash

Date: Jun 24, 2021

Prompt HSFO stems are tight in Russia, the Canary Islands and South Africa, while ample VLSFO suppl...

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South Korean Companies Develop Molten Salt Reactor For Shipping, Power Generation

Categories: News Flash

Date: Jun 24, 2021

South Korea’s state-run nuclear energy research institute and the country’s major shipbuilder h...

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Agreement In Principle Reached Over Suez Canal Ship – Stann Marine

Categories: News Flash

Date: Jun 24, 2021

A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in M...

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India’s May Crude Oil Imports Dip As Pandemic Curbs Demand

Categories: News Flash

Date: Jun 23, 2021

India’s May crude oil imports slipped to their lowest in three months as fuel demand sagged amid ...

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South Africa To Revamp Ailing Port System, Says Ramaphosa

Categories: News Flash

Date: Jun 23, 2021

South Africa’s National Ports Authority (NPA) will operate as a stand-alone business under the ae...

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MPC Acquiring Songa Container In $210m Deal

Categories: News Flash

Date: Jun 23, 2021

MPC Container Ships is acquiring Songa Container and its fleet of 11 vessels in a $210.25m deal. ...

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ONE Modern Calls on Port of New Orleans, Third Direct-Asia Service

Categories: News Flash

Date: Jun 23, 2021

THE Alliance and Evergreen launched their new Asia-US Gulf service with the inaugural sailing of th...

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Mayflower Autonomous Ship, Beset With Glitch, Sails Back To England

Categories: News Flash

Date: Jun 23, 2021

The Mayflower Autonomous Ship (MASS) has stopped its historic transatlantic crossing of the Atlanti...

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International Maritime Organization Bans Toxic Paint Substance Cybutryne

Categories: News Flash

Date: Jun 22, 2021

At the 76th session of the Maritime Environmental Protection Committee (MEPC 76), the IMO has prohi...

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Hamburg Sud Containership Damages Hull In Dock Scrape

Categories: News Flash

Date: Jun 22, 2021

Dramatic images appeared on social media as a Hamburg Sud-operated boxship scraped along a ferry pi...

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CCS And Cosco Shipping Ink Maritime Decarbonisation Agreement

Categories: News Flash

Date: Jun 22, 2021

China Classification Society (CCS) and China Cosco Shipping Group have signed a new agreement that ...

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Elcome Expands Europe Presence With Algeciras Office

Categories: News Flash

Date: Jun 22, 2021

Maritime systems provider Elcome International is expanding is presence in the European market with...

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Denmark Tops The Paris MoU’s List

Categories: News Flash

Date: Jun 21, 2021

According to the annual list compiled by the Paris Memorandum of Understanding on Port State Con...

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Damen Fits Batteries On Its All-Electric Tug

Categories: News Flash

Date: Jun 21, 2021

Damen Shipyards Group has reached a major milestone in the construction of its first fully-electric...

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Wilson Sons Performs Largest Transhipment Operation At Rio Grande Container Terminal

Categories: News Flash

Date: Jun 21, 2021

Brazilian port and logistics operator Wilson Sons recorded a milestone with making the largest tran...

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Further Shipping GHG Emission Reduction Measures Adopted

Categories: News Flash

Date: Jun 21, 2021

International Maritime Organization (IMO) adopts key mandatory measures to reduce ships’ carbon i...

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KSOE-DSME Deal Face Obstacles Inside And Outside Of Korea

Categories: News Flash

Date: Jun 21, 2021

A series of obstacles both within and outside of Korea are prolonging the delay in a proposed deal ...

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IMO Approves Ban On Heavy Fuel Oil In The Arctic

Categories: News Flash

Date: Jun 18, 2021

In a vote at the conclusion of the Marine Environment Protection Committee's 76th meeting, delegate...

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KONGSBERG USV To Minimise Aker BioMarine’s Carbon Footprint

Categories: News Flash

Date: Jun 18, 2021

Aker BioMarine has ordered a new Sounder USV (Unmanned Surface Vehicle) from Kongsberg Maritime, to...

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Inmarsat Secures First Fleet Data Premium Installation In Asia Pacific With Diamond Bulk Carriers And Nautilus Labs

Categories: News Flash

Date: Jun 18, 2021

Inmarsat, the world leader in global, mobile satellite communications, has been pivotal in connecti...

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Monsoon Delays X-Press Pearl Wreck Removal

Categories: News Flash

Date: Jun 18, 2021

The wreck of container ship X-Press Pearl will remain on the seabed off Sri Lanka until after the S...

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HHI Tests Fully Autonomous Ship

Categories: News Flash

Date: Jun 18, 2021

South Korean shipbuilding major Hyundai Heavy Industries (HHI) has conducted a test run of a fully ...

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Panama Canal Allows Longer Vessels In Neo-Panamax Locks

Categories: News Flash

Date: Jun 17, 2021

The Panama Canal has increased the maximum allowable length for vessels transiting the Neo-Panamax ...

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Ital Libra Captain’s Remains Finally Delivered To Family

Categories: News Flash

Date: Jun 17, 2021

The remains of the Captain of Ital Libra, who died of COVID, have finally been repatriated after po...

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Konecranes Launches New Generation Of Energy-efficient Mobile Harbor Cranes As Global Trade Accelerates

Categories: News Flash

Date: Jun 17, 2021

Konecranes launched its sixth generation of mobile harbor cranes, refreshing and reinforcing its in...

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Kalmar’s New-generation RTGs Ready To Enable Productive Eco-efficiency For Container Terminals

Categories: News Flash

Date: Jun 17, 2021

Kalmar, part of Cargotec, introduces a new generation of its Rubber-Tyred Gantry crane (RTG). The n...

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Maran Gas Adopts KONGSBERG’s K-IMS Platform As Basis For Digitalisation Strategy Across Its Entire Fleet

Categories: News Flash

Date: Jun 17, 2021

Kongsberg Maritime (KM) is pleased to announce that Maran Gas Maritime, one of the largest internat...

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Port Of Los Angeles Expected To Hit 10.8m Teu Annual Volume

Categories: News Flash

Date: Jun 16, 2021

The Port of Los Angeles became the first port in the US on 10 June to reach 10m teu unloading the M...