News Flash

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Chinese Traders Turn To New Routes To Get Much-Needed Coal

Categories: News Flash

Date: Oct 08, 2021

The coal shortage in China and India may give a boost to dry bulk shipping as traders look to new s...

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Port Everglades Inks Honduran MoU

Categories: News Flash

Date: Oct 08, 2021

As one of Port Everglades' leading overall trade partners, Honduras' Port Authority and OPC have ag...

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Hanjin Heavy Industries Returns With $270m Boxship Order

Categories: News Flash

Date: Oct 08, 2021

The South Korean shipbuilder has signed a contract with an undisclosed European shipping company to...

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GEA Sets Sail For Marine Technologies Of The Future: In The Safe Harbor For Digitalization And Fuels

Categories: News Flash

Date: Oct 07, 2021

Due to worldwide efforts to stop global warming, the shipping industry is also on the lookout for a...

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$6.5M Settlement For Oil Discharge In 2008 Mississippi River Collision

Categories: News Flash

Date: Oct 07, 2021

Indiana-based American Commercial Barge Line has agreed to pay $6.5 million and acquire land for pr...

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Capital Ship Management To Secure ABS Decarbonization Notations For Current Newbuild Tankers

Categories: News Flash

Date: Oct 07, 2021

In an industry first, Capital Ship Management (CAPITAL) is to secure ABS notations recognizing inve...

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Drydocks World Dubai Cuts First Steel On FSO Conversion

Categories: News Flash

Date: Oct 07, 2021

Drydocks World Dubai has cut first steel on an aframax tanker conversion to an FSO for Dixstone. ...

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Stena And Global Energy Storage Announce LNG Cooperation

Categories: News Flash

Date: Oct 07, 2021

Stena Power and LNG Solutions, a subsidiary of leading shipping conglomerate Stena AB, and Global E...

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France Seizes Ton Of Cocaine And Detains Crew Of Bulker

Categories: News Flash

Date: Oct 07, 2021

French authorities are reporting a record seizure of more than a ton of cocaine worth tens of milli...

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Ports Of Stockholm Gets Building Permit For Onshore Power Connections

Categories: News Flash

Date: Oct 06, 2021

The Ports of Stockholm has been granted building permits to equip Stockholm’s central quays ...

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Indian Coal ‘Crisis’ Is Latest Dry Bulk Disruptor

Categories: News Flash

Date: Oct 06, 2021

A surge in Indian energy demand and a drawdown of domestic coal stocks over recent months is the la...

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Winson Group Denies Its Involvement In Illicit Oil Trade With North Korea

Categories: News Flash

Date: Oct 06, 2021

The Winson Group (“Winson”) has today obtained a copy of the UN Panel of Experts’ Midterm Rep...

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Seaspan Announces Delivery Of First Of Five 12,200 TEU Newbuild Containerships, First Of Seventy Newbuilds Announced

Categories: News Flash

Date: Oct 06, 2021

Seaspan Corporation (“Seaspan”), a wholly owned subsidiary of Atlas Corp. (“Atlas”) (NYSE: ...

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Keppel Autonomous Tug In ABS First Remote Control Navigation Notation

Categories: News Flash

Date: Oct 06, 2021

An autonomous harbour tug developed by Keppel Offshore & Marine (Keppel O&M) is the first i...

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ICS Sets Out Plan To Deliver Net Zero Shipping By 2050

Categories: News Flash

Date: Oct 06, 2021

The International Chamber of Shipping (ICS) is backing the target of net zero emissions from the in...

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DSME's Shipboard Cybersecurity System Wins ABS Approval

Categories: News Flash

Date: Oct 06, 2021

South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) plans to help shipowners tigh...

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Qatar Petroleum Commences LNG Ship Orders For The North Field Expansion Projects

Categories: News Flash

Date: Oct 05, 2021

Qatar Petroleum announced today that it has ordered four new LNG carriers from Hudong-Zhonghua Ship...

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Eagle Bulk Shipping Inc. Announces Dividend Policy, Share Repurchase Program And A USD 400 million Refinancing

Categories: News Flash

Date: Oct 05, 2021

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax / Ultram...

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Australia Bans Singapore-Flagged Bulker For Underpaying Seafarers

Categories: News Flash

Date: Oct 05, 2021

The Australian Maritime Safety Authority (AMSA) has banned the Singapore-flagged bulk carrier Weste...

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Government Approval For Cosco To Raise Stake In Piraeus Port To 67%

Categories: News Flash

Date: Oct 05, 2021

The Greek parliament has approved an amended deal with Cosco Shipping Group allowing the Chinese gr...

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Overseas Shipholding Group – Announces The Closing Of A $325 Million Loan To Refinance Debt – Loan Increases Liquidity And Financial Flexibility

Categories: News Flash

Date: Oct 05, 2021

Overseas Shipholding Group, Inc. a provider of energy transportation services for crude oil and pet...

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CMA CGM To Launch Greece-Egypt-Turkey Service

Categories: News Flash

Date: Oct 05, 2021

CMA CGM has announced the launch of a shortsea weekly service to connect Northern Greece with Egypt...

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IMO And Saudi Arabia Sign Partnership Deals As Part Of Net-Zero Drive

Categories: News Flash

Date: Oct 05, 2021

The International Maritime Organisation (IMO) has signed three partnership agreements with the King...

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Stonepeak To Acquire Teekay LNG In A $6.2 Billion Transaction

Categories: News Flash

Date: Oct 05, 2021

Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) and Stonepeak, a leading alternative investment fi...

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Poseidon Med II Demonstrates That Shifting To LNG Is Bringing Benefits To The Port Of Igoumenitsa

Categories: News Flash

Date: Oct 05, 2021

Within the context of the 2nd Scientific Conference on Port Management, Organization and Developmen...

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Yantian Port Reveals Expansion Plans

Categories: News Flash

Date: Oct 04, 2021

The port of Yantian is planning to build three new berths capable of handling mega-containerships. ...

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Safe Bulkers, Inc. Enters Into First Sustainability-Linked Credit Facility Of $60 Million To Refinance Existing Loan Facilities

Categories: News Flash

Date: Oct 04, 2021

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced ...

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Adani Investing $700M In New Colombo Container Terminal

Categories: News Flash

Date: Oct 04, 2021

Adani Group is investing $700m in a new container terminal at the Port of Colombo, in what is said ...

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Pipeline Spill Could Impact Containerships Queued For Port Of LA

Categories: News Flash

Date: Oct 04, 2021

Some containerships anchored in San Pedro Bay waiting to enter the Port of Los Angeles may require ...

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Van Oord Orders Methanol-Fuelled Wind Turbine Installation Vessel

Categories: News Flash

Date: Oct 04, 2021

Van Oord orders methanol dual-fuel offshore wind turbine installation vessel at Yantai CIMC Raffles...

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Höegh Autoliners Signs Letter Of Intent With China Merchants Heavy Industry To Build Its Aurora Class Vessels

Categories: News Flash

Date: Oct 04, 2021

Höegh Autoliners is pleased to announce that it has entered into a Letter of Intent (LoI) with Chi...

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COSCO Shipping International Sells 60 Pct Stake In Singapore Dry Bulk Shipping Firm

Categories: News Flash

Date: Oct 04, 2021

Integrated logistics service provider COSCO Shipping International (Singapore) Co., has decided to ...