News Flash

Post Image
PSA Marine Peru Orders Tug Newbuilding With Schottel Propulsion

Categories: News Flash

Date: Feb 16, 2022

PSA Marine Peru has contracted Cheoy Lee Shipyards in Hong Kong for a tug newbuilding equipped with...

Post Image
FuelTrust Announces Carbon Baseline To Accurately Assess And Verify Historical GHG Performance For Vessels And Fleets

Categories: News Flash

Date: Feb 16, 2022

FuelTrust, the technology company dedicated to creating a trusted and sustainable fuel ecosystem fo...

Post Image
Amidst Tensions in Black Sea, Ukraine's Bulk Shipping Volumes Decline

Categories: News Flash

Date: Feb 16, 2022

As Russia's Black Sea Fleet launches a series of massive drills, shipping volume to and from Ukrain...

Post Image
Metallurgist Sentenced To 2.5 Years For Faking Submarine Steel Tests

Categories: News Flash

Date: Feb 16, 2022

The former chief metallurgist for the U.S. Navy's top supplier of high-strength steel for nuclear s...

Post Image
CU Lines Teams Up With German Logistics Service Providers

Categories: News Flash

Date: Feb 16, 2022

China United Lines (CU Lines) has inked cooperation agreements with Germany-based Peter Dohle Schif...

Post Image
Aker Clean Hydrogen And Kuehne+Nagel To Accelerate Green Container Shipping

Categories: News Flash

Date: Feb 14, 2022

Aker Clean Hydrogen, a global integrated clean hydrogen, ammonia, and methanol producer, and Kuehne...

Post Image
Cyprus Committed To Accelerating Shipping’s Low Carbon Transition

Categories: News Flash

Date: Feb 14, 2022

As a leading maritime nation, Cyprus is committed to accelerating the transition of shipping to a l...

Post Image
Nova Innovation Gets Clearance To Install Five 100kW Tidal Turbines In Canada

Categories: News Flash

Date: Feb 14, 2022

Scottish tidal energy company Nova Innovation has received authorization from Fisheries and Oceans ...

Post Image
Tern Island Heralds New Era In Tanker Operation

Categories: News Flash

Date: Feb 14, 2022

Swedish tanker owner, Terntank, and the Port of Gothenburg have jointly pioneered the introduction ...

Post Image
European Buyers Look To WTI Midland Despite Backwardated Structure

Categories: News Flash

Date: Feb 14, 2022

European end-users are looking toward WTI Midland to fill their light sweet crude requirements desp...

Post Image
ExxonMobil Flows First Oil From Second Offshore Development For Guyana

Categories: News Flash

Date: Feb 14, 2022

U.S. oil major ExxonMobil has kicked off the first production from the second phase of its Liza pro...

Post Image
Russia-Ukraine Tensions Could Jeopardize 30% Of European Gas Demand – US LNG Can Play A Role In Bridging The Gap

Categories: News Flash

Date: Feb 14, 2022

An escalation of military tensions between Russia and Ukraine could put up to 155 billion cubic met...

Post Image
WIG Passenger Craft Startup Attracts Big Backers

Categories: News Flash

Date: Feb 14, 2022

A team of Boeing alumni has launched a startup company focused on developing an all-electric wing-i...

Post Image
Micronesia Follows Marshall Islands Out Of The PIF Alliance

Categories: News Flash

Date: Feb 14, 2022

The Federated States of Micronesia (FSM) will temporarily rescind its withdrawal from the Paci...

Post Image
CMA CGM To Stop Carrying Plastic Waste Cargo

Categories: News Flash

Date: Feb 14, 2022

CMA CGM is to stop carrying plastic waste on its ships from 1 June in a bid heeding the call of NGO...

Post Image
Qatargas Buys 10 Steam-Turbine LNG Carriers Despite Fast-Approaching EEXI/CII Enforcement Date

Categories: News Flash

Date: Feb 12, 2022

Contrary to market expectations, Qatargas recently signed a deal to acquire 10 steam turbine LNG ca...

Post Image
Heerema’s Sleipnir Vessel To Install Ichthys Module In Single Lift

Categories: News Flash

Date: Feb 12, 2022

Dutch offshore contractor Heerema Marine Contractors and its Sleipnir vessel have been selected by ...

Post Image
CMA CGM Joins Global Efforts To Reduce Plastic Waste In The Oceans

Categories: News Flash

Date: Feb 12, 2022

CMA CGM Group announced that it will stop transporting plastic waste on its ships as part of a broa...

Post Image
GTT Is Selected By Hyundai Samho Heavy Industries To Design The Tanks For Three LNG-Fueled Container Vessels With Its Membrane Containment Technology

Categories: News Flash

Date: Feb 12, 2022

GTT has received an order from its partner, the Korean shipyard Hyundai Samho Heavy Industries, for...

Post Image
Busiest January On Record For Port Of Long Beach

Categories: News Flash

Date: Feb 12, 2022

The Port of Long Beach moved 800,943 teu in January 2022 on the back of strong imports and exports....

Post Image
EU: Growth Expected To Regain Traction After Winter Slowdown

Categories: News Flash

Date: Feb 12, 2022

The Winter 2022 Economic Forecast projects that, following a notable expansion by 5.3% in 2021, the...

Post Image
ZIM In $870 Million Boxship Charter Deal With Navios

Categories: News Flash

Date: Feb 12, 2022

ZIM is chartering 13 containerships from Navios Maritime Partners in a $870m deal. The deal comp...

Post Image
Equinor Awards Extensions Worth Over $1.3 Bln To Norwegian Suppliers

Categories: News Flash

Date: Feb 11, 2022

Norwegian oil and gas company Equinor has extended agreements valued at around NOK 11.5 billion (ov...

Post Image
WSC Outlines Six Critical Pathways To Zero-Carbon Shipping

Categories: News Flash

Date: Feb 11, 2022

The World Shipping Council (WSC) — the united voice of liner shipping — has identified six...

Post Image
Semco Maritime To Service Floatel Unit Ahead Of New Job

Categories: News Flash

Date: Feb 11, 2022

Offshore accommodation rig provider Floatel International has awarded Semco Maritime a contract for...

Post Image
States Urged To Accept Treaty Amendments To Expand IMO Council

Categories: News Flash

Date: Feb 11, 2022

Member States of the International Maritime Organization (IMO) are being urged to accept amendments...

Post Image
Tanker Makes History With First Zero-Emission Port Operations

Categories: News Flash

Date: Feb 11, 2022

The Port of Gothenburg and Swedish tanker operator Terntank expect to make maritime and environment...

Post Image
Ship It Zero Coalition Calls On Walmart, Target, Amazon And IKEA To Move Their Business To Carriers That Offer Zero Emission Solutions

Categories: News Flash

Date: Feb 11, 2022

Energy Observer is scheduled to announce a new zero-emissions cargo ship at the One Ocean Summit in...

Post Image
INEOS Names World’s Largest Ethane Carrier

Categories: News Flash

Date: Feb 11, 2022

INEOS has named the world’s largest ethane carrier Pacific INEOS Belstaff in Texas. The 99,000...

Post Image
Sumitomo Inks $200 Million Deal For First Middle East Subsea Transmission System

Categories: News Flash

Date: Feb 11, 2022

Sumitomo Electric Industries has received a limited notice to proceed (LNTP) from Samsung...

Post Image
Maersk To Acquire Land-Based Logistics Provider Pilot Freight Services

Categories: News Flash

Date: Feb 10, 2022

A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday ...

Post Image
Thordon Bearings Unveils New Water Lubricated Shaft Seal With Safe Return To Port Benefit

Categories: News Flash

Date: Feb 10, 2022

Thordon Bearings has unveiled the BlueWater Seal, a new propeller shaft seal with a unique Safe Ret...