News Flash

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Globus Maritime Orders Bulker Pair From Nantong COSCO KHI

Categories: News Flash

Date: May 23, 2022

Globus Maritime Limited has signed two contracts for the construction and purchase of two fuel effi...

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Major Progress At The IMO: After Over A Decade Of Stalemate, The IMO’s Latest Meeting On GHG Emissions Achieves Consensus On Pricing GHG Emissions

Categories: News Flash

Date: May 23, 2022

The Intersessional Working Group (ISWG) on Greenhouse Gases (GHG) ISWG-GHG 12 marks the third subst...

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Poland Interested In Trans-Shipping LNG Through Portugal

Categories: News Flash

Date: May 23, 2022

Poland would be interested in cooperating with Portugal on potential LNG trans-shipping, Prime Mini...

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Seaspan ULC Orders Two LNG Bunker Vessels For The Pacific Northwest

Categories: News Flash

Date: May 21, 2022

Canada-based shipping group Seaspan Marine Transportation has recently announced that Seaspan ULC s...

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MSC To Operate Future 2.5 Million Teu Panama Box Terminal

Categories: News Flash

Date: May 21, 2022

MSC is set to operate a new container terminal at the Panama Canal after the plans and concession f...

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MOL’s Eco-Friendly Bulker To Help Reduce GHG Emissions In Woody Biomass Supply Chain

Categories: News Flash

Date: May 21, 2022

MOL Drybulk, a subsidiary of Mitsui O.SK. Lines (MOL), has signed a memorandum of understanding (Mo...

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Vertom To Install VentiFoils On Two More Vessels

Categories: News Flash

Date: May 21, 2022

Dutch short sea owner and operator Vertom will retrofit Econowind’s wind assist VentiFoils on two...

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Port Of Antwerp-Bruges Readies For First Hydrogen-Powered Tugboat En Route To Becoming Climate-Neutral

Categories: News Flash

Date: May 21, 2022

Port of Antwerp-Bruges and cleantech company CMB.TECH are preparing to soon welcome the Hydrotug, t...

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H2-Industries Set To Clear The Oceans Of Plastic Waste And Produce Clean Fuel From Innovative Ship Design

Categories: News Flash

Date: May 21, 2022

H2-Industries and TECHNOLOG Services, a naval architecture company, have joined forces to develop 3...

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U.S. To Release Proposed Offshore Oil & Gas Leasing Plan By End Of June ‘Despite Delays’

Categories: News Flash

Date: May 21, 2022

The Biden administration is planning to propose a new, five-year offshore oil and gas leasing progr...

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Notarc Acquires The Panama Canal Container Port Terminal And Will Resume Construction Of The $1.4 Billion Project

Categories: News Flash

Date: May 21, 2022

Notarc Management Group (NMG), a LatAm-focused private investment and asset management firm, which ...

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$60 Billion First Quarter Windfall For Container Sector

Categories: News Flash

Date: May 21, 2022

The container industry made a $59.3bn profit in the first quarter, the sixth consecutive record qua...

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USCG Works With ITF To Repatriate Crew At Sea For 14 Months

Categories: News Flash

Date: May 21, 2022

The International Transport Workers’ Federation and U.S. Coast Guard teamed up last week to addre...

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Airline Capacity 37% Lower Than 2019, Curbing Demand For Jet Fuel

Categories: News Flash

Date: May 21, 2022

In 2019, prior to the onset of the COVID-19 pandemic, jet fuel contributed an estimated 8% of oil p...

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Turkey Welcomes Arrival Of Fourth Drillship

Categories: News Flash

Date: May 20, 2022

Following a recent report that Turkey is about to welcome the fourth addition to its fleet of drill...

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Unique Onshore Network, Ships As Range Extending ‘Stepping-Stones’ Tested For Inmarsat Orchestra

Categories: News Flash

Date: May 20, 2022

Inmarsat, the world leader in global, mobile satellite communications, has completed the first phas...

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French Wind-Powered Cargo Ship Refines Design With Rigid Sails

Categories: News Flash

Date: May 20, 2022

A French plan for a wind-powered merchant ship known as the Neoliner reports that it continues to m...

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Damen To Promote Bawat’s Ship-Based Ballast Water Management System

Categories: News Flash

Date: May 20, 2022

Damen Green Solutions, a member of the Damen Shipyards Group, has been given the right to promote a...

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Transocean Names World’s First 8th Generation Drillship Featuring ‘All Kinds Of Bells And Whistles’

Categories: News Flash

Date: May 20, 2022

Giant offshore drilling contractor Transocean has recently held a naming ceremony at a shipyard in ...

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EU Blue Economy Report: Ocean Economy Fuels European Green Transition

Categories: News Flash

Date: May 20, 2022

The European Commission has published its annual EU Blue Economy Report to take stock and uncover t...

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Braemar Scoops £9.9 Million UK Ministry Of Defence Contract

Categories: News Flash

Date: May 20, 2022

Braemar signed a seven-year deal with the UK Ministry of Defence (MOD) to provide shipbroking servi...

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Hanseaticsoft Steps Up Growth Plans In Greece With Appointment Of Regional Sales Manager, Sotiris Kyriakidis

Categories: News Flash

Date: May 20, 2022

Hanseaticsoft, a leading provider of maritime software and part of the Lloyd’s Register’s Marit...

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ClassNK Certifies NAPA Fleet Intelligence And NAPA Performance Monitoring And Optimization, And Adds New Notations To Ships Using The Solutions

Categories: News Flash

Date: May 20, 2022

Leading Classification Society ClassNK has certified NAPA Fleet Intelligence and NAPA Performance M...

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Trans-Pacific Reefer Rates Hit 'Excruciating' New Peak

Categories: News Flash

Date: May 20, 2022

Reefer rates between the US west coast and Far East rose by almost 60% in April, as typical year-lo...

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ILO Adopts New Minimum Wage For Seafarers

Categories: News Flash

Date: May 19, 2022

A sub-committee of the International Labour Organization (ILO) has agreed to raise the mi...

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Global Shipping Companies Reduced Speeds Off California Coast To Protect Blue Whales And Blue Skies

Categories: News Flash

Date: May 19, 2022

Program continues to expand and achieve greater environmental benefits The partners in an initia...

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Fangcheng’s First LNG Terminal Ready For International Vessels

Categories: News Flash

Date: May 19, 2022

The first LNG terminal at Fangcheng port, Guangxi province is preparing to accept international ves...

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Jinjiang Shipping Adds one Southeast Asia Service

Categories: News Flash

Date: May 19, 2022

Shanghai-based Jinjiang Shipping is to launch a new service to Thailand and Vietnam in Southeast As...

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European Parliament Brings EU ETS Closer To Shipping

Categories: News Flash

Date: May 19, 2022

Members of the European Parliament (MEPs) voted to extend the scope of the EU Emissions Trading Sch...

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Predictions Of Supply Chain "Chaos" As Shanghai Resumes Shipping

Categories: News Flash

Date: May 19, 2022

Predications are growing throughout the shipping industry of renewed disruptions, backlogs, and eve...

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CMA CGM And Air France-KLM Join Forces And Sign A Major Long-Term Strategic Partnership In Global Air Cargo

Categories: News Flash

Date: May 19, 2022

The CMA CGM Group and Air France-KLM Group today announced that they have signed a long-term strate...

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California Ports Say Threat of Penalty Keeps Cargo Moving

Categories: News Flash

Date: May 19, 2022

Southern California port officials say the threat of a penalty fee, which has never been imposed, i...