News Flash

Post Image
International Seaways Completes Merger With Diamond S Shipping

Categories: News Flash

Date: Jul 19, 2021

In continued tanker shipping consolidation International Seaways has completed its merger with Diam...

Post Image
Port Of Oakland Container Volumes Rise 11.4% On Year In H1 2021

Categories: News Flash

Date: Jul 19, 2021

Container volumes handled by the Port of Oakland in the first six months of 2021 increased by 11.4%...

Post Image
Volkswagen Adds Four LNG-Powered Car Carrier Newbuilds

Categories: News Flash

Date: Jul 19, 2021

Volkswagen Group Logistics is adding four LNG-powered car carriers for fleet after the first two LN...

Post Image
Could A Nuclear-Powered Cargo Ship Transit The Suez Canal?

Categories: News Flash

Date: Jul 19, 2021

Ongoing research into small-scale nuclear energy conversion has advanced to greatly increase safety...

Post Image
India’s June Oil Imports Hit Their Lowest In 9 Months

Categories: News Flash

Date: Jul 19, 2021

India’s imports in June fell to their lowest in nine months, as refiners curtailed purchases amid...

Post Image
Aker Acquires R&D Company Prototech

Categories: News Flash

Date: Jul 16, 2021

Aker has announced that Aker Capital has acquired the Norwegian technology and research and develop...

Post Image
Saudi Global Ports Upgrades Terminals In King Abdulaziz Port Dammam

Categories: News Flash

Date: Jul 16, 2021

Saudi Global Ports (SGP) has begun the first phase of its upgrading and development programme at Fi...

Post Image
SunStone Takes Delivery Of Second Eco-Friendly Expedition Ship

Categories: News Flash

Date: Jul 16, 2021

Florida-based expedition cruise ship owner SunStone Ships has taken delivery of the second out...

Post Image
‘For Cleaner Air Tomorrow We Need To Act Now’: CMA CGM

Categories: News Flash

Date: Jul 16, 2021

CMA CGM has been one of the pioneers in using LNG as a marine fuel and the shipowner believes it ne...

Post Image
EU Should Consider Trade Impacts Of New Climate Change Mechanism

Categories: News Flash

Date: Jul 16, 2021

The European Union (EU) carbon border adjustment mechanism (CBAM) announced on 14 July could change...

Post Image
New Fortress Begins Commercial Operations At LNG Receiving Terminal In Mexico

Categories: News Flash

Date: Jul 16, 2021

New Fortress Energy, a growing player in supplying LNG to power plants and industrial customers in ...

Post Image
Cosco Orders 10 Boxships With A Planned $1.5B Investment To Grow Fleet

Categories: News Flash

Date: Jul 16, 2021

Cosco Shipping Holdings, the parent of Cosco and OOCL, became the latest among the major carriers t...

Post Image
Shell Brings Its LNG Newbuilding Fleet To 24 Ships

Categories: News Flash

Date: Jul 15, 2021

Shell Tankers (Singapore) has inked new charter agreements with Knutsen LNG, Pan Ocean Co. and inve...

Post Image
EU Emissions Trading For Shipping Highlights Europe And Global Shipowner Divide

Categories: News Flash

Date: Jul 15, 2021

The announcement of the EU’s new climate plan yesterday including paving the way for shipping to ...

Post Image
Hellenic Coast Guard To Enforce COVID Rules For Ferry Passengers

Categories: News Flash

Date: Jul 15, 2021

The Hellenic Coast Guard will be assuming responsibility for checking passenger compliance with Gre...

Post Image
Wärtsilä Reports Progress, Targeting Ammonia Blend Engine This Year

Categories: News Flash

Date: Jul 15, 2021

As the efforts continue toward introducing a new generation of zero-carbon emission engines, Wärts...

Post Image
Seanergy Announces New Time Charter Agreement And New Financing Agreement Of $30.9 Million

Categories: News Flash

Date: Jul 15, 2021

Seanergy Maritime Holdings Corp. reported yesterday that, taking advantage of the current strong ma...

Post Image
Pilbara Ports Handle Record Volumes In Past Year

Categories: News Flash

Date: Jul 14, 2021

Western Australia’s Pilbara Ports Authority handled a record 724.7m tonnes of cargo in the past f...

Post Image
MOL Charisma Out Of Service For Repairs After Grounding

Categories: News Flash

Date: Jul 14, 2021

Containership the MOL Charisma that ran aground on 5 July will have to be taken out of service for ...

Post Image
KR Signs MOU With Hyundai Motors And Hyundai Global Services: Collaboration Will Focus On Hydrogen Fuel Cell Systems

Categories: News Flash

Date: Jul 14, 2021

Korean Register (KR), Hyundai Motors and Hyundai Global Services have signed a Memorandum of Unders...

Post Image
SpaceX May Have The Largest Unmanned Merchant Vessel In Operation

Categories: News Flash

Date: Jul 14, 2021

Elon Musk's commercial space launch company, SpaceX, may have deployed the largest fully unmanned c...

Post Image
CNC Line Launching New Korea – Thailand Service

Categories: News Flash

Date: Jul 13, 2021

The intra-Asia, shortsea arm of CMA CGM, is rolling out the New Korea Thailand (NKT) service which ...

Post Image
Tackling The Maritime Industry’s PR Paradox

Categories: News Flash

Date: Jul 13, 2021

Sea-blindness is a problem in maritime because too many maritime organisations prefer a low profile...

Post Image
Crowley To Build And Operate First Fully Electric Tugboat In US

Categories: News Flash

Date: Jul 13, 2021

The 82-foot vessel with 70 tonnes of bollard pull advances Crowley and the maritime industry’s ef...

Post Image
Robust Commodity Demand To Spur Dry Bulk Rally Into Q3

Categories: News Flash

Date: Jul 13, 2021

The surging demand for infrastructure-related commodities such as iron ore and coal, along with min...

Post Image
South Korea’s Shipbuilders See New Orders Hit 13-Year High In H1

Categories: News Flash

Date: Jul 13, 2021

South Korean shipbuilders secured 10.88 million compensated gross tons (CGTs) in new orders in the ...

Post Image
Ocean Carriers Push Back On White House's Scrutiny Of Pricing

Categories: News Flash

Date: Jul 12, 2021

Ocean carriers are pushing back against the White House's push to scrutinize pricing power in the c...

Post Image
Biden Administration Targets Lines Over Detention And Demurrage

Categories: News Flash

Date: Jul 12, 2021

Shipping is again in the cross-hairs - this time the liner business has attracted the attention of ...

Post Image
UAE Acts On Vessel Abandonment With New Resolution

Categories: News Flash

Date: Jul 12, 2021

A Resolution passed by the UAE Council of Ministers at the beginning of July could mean an end to t...

Post Image
New IMO Submission Calls For Clarity On Enforcement Of 0.50% Sulphur Limit

Categories: News Flash

Date: Jul 12, 2021

The industry has coped remarkably well with the implementation of IMO 2020, but variable approaches...

Post Image
CONTAINER PREMIUMS: Trans-Pacific Rates Consolidate After July Increases

Categories: News Flash

Date: Jul 12, 2021

Premium service fees required by container shipping lines for North Asia-to-North America spot carg...

Post Image
Hapag Lloyd Finishes Acquisition Of African Regional Carrier NileDutch

Categories: News Flash

Date: Jul 09, 2021

Hapag-Lloyd has finished its acquisition of the container and breakbulk line NileDutch, which speci...