News Flash

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CSSC Jiangnan Delivers First Post-Lockdown Vessel

Categories: News Flash

Date: May 17, 2022

CSSC Jiangnan Shipyard delivered the VLEC Pacific Ineos Grenadier, to PACIFIC GAS, the first vessel...

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TotalEnergies Launches Drone-Based Detection Campaign For Methane Emissions Across Oil & Gas Assets

Categories: News Flash

Date: May 17, 2022

French energy giant TotalEnergies is working to reduce methane emissions from its operations t...

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HMM Launches Tianjin Sea-Rail Combined Transportation Service

Categories: News Flash

Date: May 17, 2022

South Korea-based ocean carrier HMM announced the opnening of Tianjin sea-rail combined transportat...

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ITF: Seafarers Win New Connectivity Guarantees In MLC

Categories: News Flash

Date: May 17, 2022

In the latest meeting of the Maritime Labor Convention's Special Tripartite Committee (STC), delega...

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Japan Coast Guard Airlifts Crew After Cargo Ship Lists

Categories: News Flash

Date: May 17, 2022

A smaller domestic cargo ship reported to the Japan Coast Guard that its cargo had shifted causing ...

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Shell Joins Exxon In Losing Brazil Bet

Categories: News Flash

Date: May 17, 2022

Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon ...

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Scrubber Premium Widens To Cover Opex

Categories: News Flash

Date: May 17, 2022

In the year to date, scrubber-fitted VLCCs have earned about $11,000 more per day on the spot marke...

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Brazil To Sign Agreement With 10 Countries To Speed Up Customs Clearance

Categories: News Flash

Date: May 13, 2022

Brazil will sign an agreement with ten countries on 19 May to establish a faster clearance procedur...

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EU Helps Ukrainian Grain Exports Get Around Russia's Naval Blockade

Categories: News Flash

Date: May 13, 2022

In order to blunt the effects of the Russian blockade of Ukraine's Black Sea coast, the European Co...

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IEA Expects Oil Market To Fend Off An Acute Supply Deficit From Russian Oil Absence

Categories: News Flash

Date: May 13, 2022

Highlights• World oil demand growth is forecast to slow to 1.9 mb/d in 2Q22 from 4.4 mb/d in 1Q22...

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Supporting Kenya To develop National Maritime Security Risk Register

Categories: News Flash

Date: May 13, 2022

Identifying emerging threats to maritime security is key in developing the right tools to ensure so...

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Cadeler Adds Jack-Up Foundation Installation Vessel At Cosco

Categories: News Flash

Date: May 13, 2022

Cadeler has signed a $345m contract with Cosco Shipping Heavy Industries for a construction of a ja...

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Bureau Veritas Approves EODev’s Electro-Hydrogen Power Solutions For The Maritime Industry

Categories: News Flash

Date: May 13, 2022

Bureau Veritas (BV), a world leader in testing, inspection, and certification, recently approved th...

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Supporting Port Security In Madagascar

Categories: News Flash

Date: May 13, 2022

Strengthening port security is the focus of a five-day workshop (9-13 May) in Antananarivo, Madagas...

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CMA CGM Will Pay US Shippers Incentives For Early Container Returns

Categories: News Flash

Date: May 13, 2022

CMA CGM Group is implementing the shipping industry’s first early container return incentive prog...

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OPEC Revises Oil Demand Growth Downwards

Categories: News Flash

Date: May 13, 2022

Crude Oil Price Movements Crude oil spot prices dropped in April after three-consecutive months of ...

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DP World Reduces Emissions At Chile Terminals

Categories: News Flash

Date: May 13, 2022

DP World Chile has managed to reduce emissions at its San Antonio and Lirquén port terminals by 50...

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ICS And Suez Canal Authority Step Up Dialogue On Tolls And Decarbonisation

Categories: News Flash

Date: May 13, 2022

The International Chamber of Shipping (ICS) and the Suez Canal Authority (SCA) have formalised dial...

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Norway Sets New Offshore Wind Target, Plans Green Electricity Exports

Categories: News Flash

Date: May 13, 2022

Norway’s Government has thrown its weight behind a drive to boost the offshore wind sector, layin...

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Swire Shipping Joins The World Shipping Council

Categories: News Flash

Date: May 13, 2022

Singapore-headquartered Swire Shipping has joined liner shipping representative body the World Ship...

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Aquadrill To Sell Semi-Submersible Rig To Brazil’s PetroRio

Categories: News Flash

Date: May 12, 2022

Aquadrill, formerly known as Seadrill Partners, has entered into a memorandum of agreement with Bra...

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Sustainable Marine Exports First Floating Tidal Power To Nova Scotia Grid

Categories: News Flash

Date: May 12, 2022

UK-based marine energy company Sustainable Marine has harnessed the enormous tidal currents in Cana...

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TORM Plc Posts Improved First Quarter Results With Product Tanker Market Recovering Strongly

Categories: News Flash

Date: May 12, 2022

In Q1 2022, TORM achieved TCE rates of USD/day 16,743 (2021, same period: USD/day 13,493) and an EB...

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World’s First Autonomous Commercial Ship Voyage In Congested Water Successfully Completed

Categories: News Flash

Date: May 12, 2022

The world’s first autonomous commercial ship voyage in congested waters, powered by Orca AI, in p...

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MAN Energy Solutions Makes Agreement With STX

Categories: News Flash

Date: May 12, 2022

MAN Energy Solutions has signed a cooperation agreement with STX Heavy Industries Co., Ltd., to del...

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African Competition Increases As Hapag Develops New Terminal In Egypt

Categories: News Flash

Date: May 12, 2022

Hapag-Lloyd is developing a large container terminal in the northern Egyptian port of Damietta that...

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ICTSI Invests Over $20 Million In IT At Manila Terminal

Categories: News Flash

Date: May 12, 2022

International Container Terminal Services, Inc. (ICTSI) has invested more than $20m in information ...

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PSA and CMA CGM team up on digital just-in-time arrival tool

Categories: News Flash

Date: May 12, 2022

CMA CGM and PSA are collaborating on a digital just-in-time-arrival solution that could provide up ...

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Canada Sued Over Bay Du Nord Oil Project Approval

Categories: News Flash

Date: May 12, 2022

Environmental groups are suing the Canadian government in a bid to overturn its approval of Equinor...

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Carolina Offshore Wind Lease Auction Attracts $315 Million In Winning Bids

Categories: News Flash

Date: May 12, 2022

The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) latest offshore wi...

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Rotterdam To Provide 4.6 MT Of Hydrogen By 2030

Categories: News Flash

Date: May 11, 2022

The Port of Rotterdam says it can, with companies, supply Northwestern Europe with 4.6 million tonn...

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Accelerating To Net Zero, CMA CGM Joins Jupiter 1000 Project

Categories: News Flash

Date: May 11, 2022

French shipping and logistics major CMA CGM Group has made a step forward towards its net-zero carb...