News Flash
Fincantieri Inks €500 Million Sustainability-Linked Loan To Build Cruise Ships
Categories: News Flash
Date: Jul 13, 2022
Italian shipbuilder Fincantieri has signed a sustainability-linked revolving credit facility with c...
OPEC Expects Oil Demand Growth To Strengthen Moving Forward
Categories: News Flash
Date: Jul 13, 2022
Crude Oil Price MovementsCrude oil spot prices rose in June, extending the previous month’s incre...
Neptune Energy Extends Collaboration With TechnipFMC
Categories: News Flash
Date: Jul 13, 2022
Oil and gas company Neptune Energy has awarded TechnipFMC with a new contract for the delivery...
Ashurst, GCMD To Jointly Boost Shipping’s Decarbonisation Agenda
Categories: News Flash
Date: Jul 13, 2022
Singapore-based Global Centre for Maritime Decarbonisation (GCMD) and England-based law firm Ashurs...
Lamprell Board Likely To Recommend Takeover Offer
Categories: News Flash
Date: Jul 13, 2022
The Board of cash-strapped Middle East shipyard Lamprell said it would likely recommend acceptance ...
Christening Of U-Ming’s Eco-Friendly Post Panamax Bulk Carrier “M.V. Cemtex Dominance”
Categories: News Flash
Date: Jul 13, 2022
A christening ceremony at Oshima Shipbuilding yard in Japan was recently held by U-Ming Marine Tran...
New Bill Would Empower EPA To Regulate CO2, But Only From Ships
Categories: News Flash
Date: Jul 13, 2022
The U.S. Supreme Court may have undercut the federal government's ability to regulate car...
The Bahamas Recognised For Its Consistently High Quality Standards
Categories: News Flash
Date: Jul 13, 2022
One of a minority of Flag Administrations to appear on the recently announced Qualship 21 list, The...
MSC’s TiL Investing $703 Million For Expansion Of Le Harve Terminals
Categories: News Flash
Date: Jul 13, 2022
Terminal Investment Limited (TiL) has announced it will invest EUR700m ($703m) into the TPO/TNMSC c...
Ammonia-Fueled Tugboat Obtains AiP From Classification Society ClassNK Step Forward Toward Realization Of A Zero-Emission Ship
Categories: News Flash
Date: Jul 13, 2022
On July 11, NYK Line and IHI Power Systems Co., Ltd. (IPS) obtained AiP (Approval in Principle) fro...
Unifeeder, X-Press Feeders Choose ZeroNorth’s Optimisation Services To Achieve Net Zero
Categories: News Flash
Date: Jul 13, 2022
Danish technology company ZeroNorth, a digital spin-off of Maersk Tankers, has formed partnerships ...
BP And Thyssenkrupp Steel Work Together To Advance The Decarbonisation Of Steel Production
Categories: News Flash
Date: Jul 12, 2022
bp and thyssenkrupp Steel today announced they have signed a memorandum of understanding (MoU) focu...
DNV Awards NAPA’s Next-Generation Passenger Ship Stability Management Solution Type Approval
Categories: News Flash
Date: Jul 12, 2022
DNV, the world’s leading classification society, has awarded type approval to NAPA’s new onboar...
Hengli Group Takes Over STX Dalian Assets
Categories: News Flash
Date: Jul 12, 2022
Bankrupt STX Dalian, the Chinese unit of South Korea’s STX Group, has been acquired by Chinese pr...
Nigeria And Shipping Industry Launch Strategy To Eliminate Piracy Threat In Gulf Of Guinea
Categories: News Flash
Date: Jul 12, 2022
The Government of Nigeria and a coalition of global shipping stakeholders have launched a new strat...
BIMCO President Sabrina Chao: Bring In The Best To Solve Shipping’s Future Challenges
Categories: News Flash
Date: Jul 12, 2022
With half her term as BIMCO President under her belt, Sabrina Chao is charged with enthusiasm for h...
Frontline Ltd. Considers Voluntary Public Takeover Bid On Euronav NV
Categories: News Flash
Date: Jul 12, 2022
Frontline Ltd. is pleased to announce that it has entered into a definitive Combination Agreement w...
MOL Expands Deployment For Wind Propulsion On Dry Bulk Carriers
Categories: News Flash
Date: Jul 12, 2022
MOL Drybulk, the bulk shipping division of Japan’s Mitsui O.S.K. Lines is continuing to move forw...
United Maritime Announces Accretive Acquisition Of A Fleet Of Four Aframax Petroleum Tankers
Categories: News Flash
Date: Jul 12, 2022
United Maritime Corporation announced today that it has entered into agreements with unaffiliated t...
PSA DCT Gdansk To Begin T3 Expansion Project
Categories: News Flash
Date: Jul 12, 2022
DCT Gdansk, the operator of the largest container terminal complex on the Baltic Sea, has signed a ...
Ship Recycling – Norwegian Appeals Court Explores The Limits Of Individual Shipowner Responsibility
Categories: News Flash
Date: Jul 11, 2022
At the end of their useful life, ships are recycled for the valuable steel and other materials that...
Malta Flag Receives High Rank Within United States Ports
Categories: News Flash
Date: Jul 11, 2022
Continuing to solidify its status as one of the most prominent and reputable flag states within the...
Jeff Bezos Won’t Dismantle Historic Rotterdam Bridge
Categories: News Flash
Date: Jul 11, 2022
A historic Rotterdam bridge that needed to be dismantled for billionaire Jeff Bezos’s new su...
Audit Finds $224 Million In Underreported Costs In NYC Ferry System
Categories: News Flash
Date: Jul 11, 2022
New York City Comptroller Brad Lander released an audit showing NYC Economic Development ...
GOGL – Agreement To Construct Three Kamsarmax Vessels And Sale Of Two Ultramax Vessels
Categories: News Flash
Date: Jul 11, 2022
Golden Ocean Group Limited, one of the world’s largest listed dry bulk shipowners, today announce...
Singapore Retains Top Shipping Centre Ranking: Xinhua-Baltic
Categories: News Flash
Date: Jul 11, 2022
Singapore retains its position as top shipping centre for the ninth year running in the Xinhua–Ba...
World’s Largest Boxship Ever Alot Flagged With Panama
Categories: News Flash
Date: Jul 11, 2022
The Panama Ship Registry has added Evergreen vessel the Ever Alot to its fleet - the world’s bigg...
Three Competitive Advantages Of Vessel Performance Monitoring
Categories: News Flash
Date: Jul 11, 2022
Like many industries, shipping currently faces numerous notable challenges, but a recent resea...
Norwegian Govt Gives The Go-Ahead To ConocoPhillips For Cross-Border North Sea Project
Categories: News Flash
Date: Jul 09, 2022
Norway’s Ministry of Petroleum and Energy has approved a development plan for the ConocoPhil...
Fleet Management And Marubeni Establish New Ship Management Company In Singapore
Categories: News Flash
Date: Jul 09, 2022
Fleet Management Limited (FLEET) has launched a new integrated ship management unit – MaruFleet M...
CRP Subsea Returning To Gulf Of Mexico With ‘Major’ Deal For Buoyancy Solutions
Categories: News Flash
Date: Jul 09, 2022
Buoyancy and protection products manufacturer CRP Subsea has secured a contract to provide two of i...
Yangpu Port To Add Five New Large-Size Container Berths
Categories: News Flash
Date: Jul 09, 2022
China’s Yangpu port in Hainan province is planning to expand container hub port construction and ...