News Flash
Port Of Yantian Productivity Rapidly Improves But Export Delays Persist
Categories: News Flash
Date: Jul 09, 2021
The logjam of containers and ships at the Port of Yantian in China has noticeably improved in the 1...
DP World Acquiring Imperial Logistics For $890m Expanding Africa Footprint
Categories: News Flash
Date: Jul 09, 2021
DP World has announced an offer to acquire South Africa-based Imperial Logistics, an integrated log...
DNV Launches Smart Centre In Qingdao
Categories: News Flash
Date: Jul 09, 2021
DNV debuted its new smart centre for Greater China region at north Chinese port city of Qingdao to ...
Alfa Laval Invests In Air Lubrication Technology
Categories: News Flash
Date: Jul 09, 2021
Sweden-based Alfa Laval has acquired a minority stake in the Netherlands-based technology company M...
Procopiou Emerges As Top Bidder For Hellenic Shipyards
Categories: News Flash
Date: Jul 09, 2021
Though no formal announcement has been made leading Greek shipowner, George Procopiou has emerged a...
Singapore Working On Protocol For International Seafarer Vaccinations
Categories: News Flash
Date: Jul 08, 2021
The city state has already vaccinated front line workers in the maritime and port industries, inclu...
Cargo Ship Spills Oil After Collision With Dredger Off Manila
Categories: News Flash
Date: Jul 08, 2021
The ships in question are the Philippine-flagged vessel MV Palawan Pearl and Cyprus-flagged utility...
Hyundai Motor Launches Project For Fuel Cell-Propelled Ships
Categories: News Flash
Date: Jul 08, 2021
South Korean Hyundai Motor Company has signed a Memorandum of Understanding (MOU) with marine servi...
Korean Shipbuilders Continuing To Outperform Chinese And Japanese Rivals
Categories: News Flash
Date: Jul 08, 2021
Clarksons Research reported on July 6 that the shipbuilding contracts signed last month added up to...
Blast From Containership At Jebel Ali Port Rocks Dubai
Categories: News Flash
Date: Jul 08, 2021
The Dubai authorities said the fire onboard a containership berthed at the key Middle East hub port...
ZIM And Seaspan Announce New Long-Term Chartering Agreement For Ten 7,000 TEU LNG-Fueled Vessels
Categories: News Flash
Date: Jul 07, 2021
ZIM Integrated Shipping Services Ltd., and Seaspan Corporation, a wholly-owned subsidiary of Atlas ...
Lean Marine And Yara Marine Technologies Become One
Categories: News Flash
Date: Jul 07, 2021
Yara Marine Technologies, a front-runner in the development and implementation of emissions reducti...
Capital Increase In TORM In Connection With Delivery Of Vessel
Categories: News Flash
Date: Jul 07, 2021
With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eigh...
MOL Charisma Refloated After Grounding In SE Asia
Categories: News Flash
Date: Jul 07, 2021
Containership MOL Charisma has been successfully refloated following a grounding between Vung Tau, ...
KSOE Poised To Hit $14.9 Billion Order Target Earlier Than Expected
Categories: News Flash
Date: Jul 07, 2021
The latest plethora of deals scored by South Korea’s largest shipbuilder has enabled Korea Shipbu...
Ever Given To Finally Depart Suez Canal On Wednesday
Categories: News Flash
Date: Jul 06, 2021
After being stuck in the Suez Canal for over three months, the 20,000 TEU containership Ever Given ...
Jaxport Sees Record Container Volumes In May
Categories: News Flash
Date: Jul 06, 2021
Jaxport has set a port record for container volumes in May, with total container movements increasi...
IMF Chief Warns Of ‘Dangerous Divergence’ In COVID Recovery
Categories: News Flash
Date: Jul 06, 2021
The head of the International Monetary Fund warned on Monday of a “dangerous divergence” betwee...
Marlow Navigation And Opielok Offshore Carriers (OOC) Sign Merger Agreement
Categories: News Flash
Date: Jul 06, 2021
On the 28th of June 2021, OOC and the Marlow Group signed an agreement in which Marlow takes over O...
Samsung Heavy Industries Bags $580 Million Order To Build 3 LNG Carriers
Categories: News Flash
Date: Jul 06, 2021
Samsung Heavy Industries Co. has won a deal worth 654.5 billion won ($579.2 million) to build three...
Recycling Rates Likely To Break Through $600 Per LDT Soon
Categories: News Flash
Date: Jul 05, 2021
Prices have doubled over the last year, reaching record levels that could soon breach the $600 mark...
U.S. Weekly Offshore Rig Count Flat
Categories: News Flash
Date: Jul 05, 2021
The number of offshore rigs in the U.S. remained unchanged over the last week, according to Baker H...
GMS Week 27 – DOUBLE TROUBLE!
Categories: News Flash
Date: Jul 05, 2021
Far from the traditionally expected slowdown during the monsoon / summer months, sub-continent recy...
Container Premiums: Trans-Pacific Premium Rates Leapfrog Record High FAK Rates For July
Categories: News Flash
Date: Jul 05, 2021
Container freight costs from North Asia to North America climbed to a new all-time high at the star...
Pandemic Drives Sea Freight Prices To Record High
Categories: News Flash
Date: Jul 05, 2021
Container shipping prices have reached record highs about 18 months after the outbreak of the coron...
Mr. Vijay Arora Takes Over As Managing Director Of Indian Register Of Shipping
Categories: News Flash
Date: Jul 02, 2021
Indian Register of Shipping (IRClass) announces a top management transition with Mr. Vijay Arora ta...
LR Announced The Sale Of 100% Of Its Business Assurance & Inspection Services Division, Including Cyber-Security Business
Categories: News Flash
Date: Jul 02, 2021
Business Assurance & Inspection Services division to be set up as an independent business, bran...
DNV Approved Samsung’s Design For Fuel Cell-Powered LNG Carrier
Categories: News Flash
Date: Jul 02, 2021
Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle from Norway-ba...
DP World Acquiring Syncreon In $1.2bn Deal
Categories: News Flash
Date: Jul 02, 2021
DP World is acquiring US-based global logistics provider syncreon for $1.2bn. The company provid...
Port Of New Orleans Issues RFP For Terminal Programme Management
Categories: News Flash
Date: Jul 02, 2021
The Port of New Orleans (Port NOLA) has issued a Request for Proposals (RFP) for Programme Manageme...
Maersk Signs Shipbuilding Contract For World’s First Container Vessel Fueled By Carbon Neutral Methanol
Categories: News Flash
Date: Jul 02, 2021
Maersk and Hyundai Mipo Dockyards have agreed on a contract for Hyundai Mipo to build a feeder vess...
Indicators Show Worsening Of Crew Change Crisis Due To Pandemic
Categories: News Flash
Date: Jul 02, 2021
The most recent data from a tracking effort that records the number of crew approaching the end or ...