News Flash

Post Image
Australia In Longest-Ever Ban For Aswan Shipping Bulker Over ‘Appalling’ Conditions

Categories: News Flash

Date: May 31, 2021

Australia has banned the bulker Maryam from its waters for an unprecedented 36 months with conditio...

Post Image
BP, Baker Hughes, And Odfjell Drilling In Pact To Maximize Clair Performance

Categories: News Flash

Date: May 28, 2021

Oil major BP, oilfield services provider Baker Hughes, and offshore driller Odfjell Drilling have e...

Post Image
Maersk Supply Orders Hybrid Battery For AHTS In Push To Decarbonise Fleet

Categories: News Flash

Date: May 28, 2021

Danish offshore vessel provider Maersk Supply Service has ordered a battery pack for one of its M-c...

Post Image
Baltic Index Falls On Lower Capesize Rates

Categories: News Flash

Date: May 28, 2021

The Baltic exchange’s main sea freight index fell on Thursday largely due to a fall in rates for ...

Post Image
Tankers: Covid Cloud Continues To Dampen The Dirty Tanker Market, Whilst Glimmers Of Recovery Surface For Clean Tankers

Categories: News Flash

Date: May 28, 2021

Using VesselsValue Trade, we will assess the current status of the Tanker market, using historical ...

Post Image
Tanker Newbuilding Orders On Pace For Doubling During 2021

Categories: News Flash

Date: May 28, 2021

Ship owners’ appetite for crude tankers has intensified since the start of 2021, manifesting itse...

Post Image
IMO Paving The Way For Autonomous Vessel Regulation

Categories: News Flash

Date: May 27, 2021

The International Maritime Organisation (IMO) completed a regulatory scoping exercise to assess...

Post Image
CHEC To Build $600m Peruvian Chancay Port For Cosco Shipping

Categories: News Flash

Date: May 27, 2021

Cosco Shipping Ports Chancay Peru has signed a contract with the Chinese consortium CHEC SAC-CCCC4T...

Post Image
Dutch Court Orders Shell To Curb Emissions In ‘Historic Ruling’

Categories: News Flash

Date: May 27, 2021

A Dutch court has ordered oil major Shell to deepen its carbon emissions cuts in a ruling described...

Post Image
Kawasaki Heavy Builds World’s First Tanker For Liquid Hydrogen

Categories: News Flash

Date: May 27, 2021

Kawasaki Heavy Industries Ltd., a pioneer in transporting liquified natural gas (LNG), has now deve...

Post Image
Association Of Average Adjusters Champions Highest Professional Standards Amid Challenges Of An “Extraordinary Year”

Categories: News Flash

Date: May 27, 2021

At the Association of Average Adjusters recent virtual annual general meeting, the over-riding mess...

Post Image
Wärtsilä Selected To Supply World’s Largest BioLNG Production Plant

Categories: News Flash

Date: May 27, 2021

The technology group Wärtsilä will supply a biogas liquefaction plant to Norway-based Biokraft, a...

Post Image
Sri Lanka Passes Controversial Port City Bill

Categories: News Flash

Date: May 26, 2021

Sri Lanka's parliament has passed the controversial Port City Bill, creating the country's first Sp...

Post Image
Vitol Launches Global Bunkering Service

Categories: News Flash

Date: May 26, 2021

Vitol today announces the launch of a global bunkering service, Vitol Bunkers. Vitol Bunkers wil...

Post Image
Abu Dhabi Ports Announces Green Ammonia Production Project

Categories: News Flash

Date: May 26, 2021

Khalifa Industrial Zone Abu Dhabi (KIZAD) announced the formation of a green ammonia production fac...

Post Image
The Bahamas Welcomes The Registry’s First LNG Powered Passenger Ship

Categories: News Flash

Date: May 26, 2021

The Bahamas Maritime Authority (BMA) is delighted to welcome its first Liquified Natural Gas (LNG) ...

Post Image
Ports Of Auckland Inks LSF Supply Deal With BP

Categories: News Flash

Date: May 26, 2021

The Ports of Auckland subsidiary Seafuels and British multinational oil and gas major BP have ...

Post Image
DNV Awards AiP To Keppel Offshore & Marine For Its Digital Asset Lifecycle Solution

Categories: News Flash

Date: May 25, 2021

Leading classification society DNV has awarded an Approval in Principle (AiP) to Singapore-based Ke...

Post Image
Wärtsilä Lifecycle Solutions For LNG Carriers – Together We Can Achieve More

Categories: News Flash

Date: May 25, 2021

In the final tech talk of our series, Jeremy Crossman, General Manager, Sales Excellence at Wärtsi...

Post Image
Oxygen Concentrators Sent To India To Save Seafarers’ Lives

Categories: News Flash

Date: May 25, 2021

Hundreds of lives will be saved thanks to two new emergency projects being funded by the ITF Seafar...

Post Image
Tianjin Port Signs 5G Technology Development Deal With China Mobile

Categories: News Flash

Date: May 25, 2021

Tianjin port, China Mobile Tianjin branch and China Mobile (Shanghai) Information and Communication...

Post Image
DP World Changes UAE Leadership

Categories: News Flash

Date: May 25, 2021

DP World CEO and Managing Director for the UAE region, Mohammed Al Muallem, has been promoted to a ...

Post Image
Castor Maritime Inc. Announces Reverse Stock Split To Be Effective May 28, 2021

Categories: News Flash

Date: May 24, 2021

Castor Maritime Inc., a diversified global shipping company, announces that its board of directors ...

Post Image
Ship Owner Says Suez Canal Was At Fault Over Ever Given Grounding: Lawyer

Categories: News Flash

Date: May 24, 2021

The owner of a container ship that blocked the Suez Canal in March says the canal authority was at ...

Post Image
IMO Agrees On New Measures To Detect And Report Containers Lost At Sea

Categories: News Flash

Date: May 24, 2021

The Maritime Safety Committee (MSC 103) meeting of the International Maritime Organization (IMO) wa...

Post Image
World 1st Successful Demonstration Test Of Auto Berthing And Un-Berthing System, Using A Large Car Ferry And Actual Pier

Categories: News Flash

Date: May 24, 2021

Mitsui E&S Shipbuilding Co., Ltd., Mitsui O.S.K. Lines, Ltd., Tokyo University of Marine Scienc...

Post Image
Stranded Grains Ships To Be Towed Free From Rosario, Says Ports Chamber

Categories: News Flash

Date: May 24, 2021

Seven grains ships stranded at Argentina’s export hub of Rosario will be towed free and sent out ...

Post Image
Sabrina Chao Elected BΙMCO President

Categories: News Flash

Date: May 21, 2021

BIMCO, the world’s largest shipping association, has elected Sabrina Chao of Wah Kwong Maritime T...

Post Image
Port Of Barcelona Integrates Port Community System With TradeLens

Categories: News Flash

Date: May 21, 2021

The Port of Barcelona’s port community system, Portic, is being integrated with TradeLens, the di...

Post Image
Hafnia, Diginex Team Up On Maritime-Focused ESG Reporting Tool

Categories: News Flash

Date: May 21, 2021

Diginex Solutions, a sustainability-focused impact technology company, has partnered with tanker ow...

Post Image
Siemens Energy And Equinor Launch 3D Printing Project

Categories: News Flash

Date: May 21, 2021

Oil and gas giants Siemens Energy and Equinor have teamed up with Norwegian start-up Fieldmade to d...

Post Image
CMA CGM Offers Its Customers A Solution Enabling Them To Improve Their Environmental Performance With The New Biomethane Product

Categories: News Flash

Date: May 21, 2021

On April 8, 2021, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, annou...