News Flash
Eagle Bulk Acquires Scrubber-Fitted Ultramax Pair
Categories: News Flash
Date: Jun 04, 2021
US-based shipowner Eagle Bulk Shipping has purchased two 2015-built scrubber-fitted Ultramax bulk c...
Bureau Veritas Grants First Type Approval For LTO Battery System
Categories: News Flash
Date: Jun 04, 2021
Swedish energy system supplier Echandia Marine has obtained type approval from the classification s...
CMPort Sees 25.5% Container Volumes Growth In First Four Months
Categories: News Flash
Date: Jun 04, 2021
China Merchants Port Holdings (CMPort) has recorded a significant growth in both container throughp...
Study Finds FuelEU Maritime May Promote Biofuels, Raising Substantial Enforcement Concerns
Categories: News Flash
Date: Jun 04, 2021
Arecent study on the upcoming FuelEU Maritime proposal finds that a promotion of biofuels may raise...
Baltic Main Index Hits Over One-Month Low On Weaker Capesize Segment
Categories: News Flash
Date: Jun 04, 2021
The Baltic exchange’s main sea freight index fell for a seventh straight session on Thursday to a...
Aft Section Of X-Press Pearl Sinks To Seabed, Pollution Fears
Categories: News Flash
Date: Jun 03, 2021
The aft section of the heavily fire damaged X-Press Pearl has sunk to the seabed at 21 metres while...
UN Security Council To Discuss Decaying FSO Tanker Anchored Off Yemen
Categories: News Flash
Date: Jun 03, 2021
After months of talks aimed to permit UN inspectors permission to board a decaying oil tanker ancho...
Belgium Is First EU Country To Start Seafarer Vaccination
Categories: News Flash
Date: Jun 03, 2021
Belgium has officially started its vaccination campaign for seafarers this morning in the presence ...
Damen Opens UK Service Hub
Categories: News Flash
Date: Jun 03, 2021
Damen Shipyards Group is expanding its global service hub network with the opening a new Service Hu...
Hyundai Heavy Join Hands With SNU To Foster AI Professionals
Categories: News Flash
Date: Jun 03, 2021
Hyundai Heavy Industries (HHI) has joined hands with Seoul National University (SNU) to foster arti...
Denmark, Norway, And The United States To Lead Zero-Emission Shipping Mission
Categories: News Flash
Date: Jun 03, 2021
Governments of the three countries, together with the Global Maritime Forum and the Mærsk Mc-Kinne...
June Neptune Declaration Crew Change Indicator Shows Increase In Seafarers Stranded Onboard Vessels
Categories: News Flash
Date: Jun 02, 2021
Increasing infection rates in key crew source countries and stricter crew-change protocols in major...
CTI-Maritec Opens Shanghai Fuel Test Centre As It Unveils New “Fuel Expert” System
Categories: News Flash
Date: Jun 02, 2021
CTI-Maritec, the maritime industry’s leading fuel and environmental technical advisory company ha...
Singapore Exploring Ammonia Bunkering For First Castor Initiative Vessel
Categories: News Flash
Date: Jun 02, 2021
Singapore is looking into being able to fuel the first ammonia-powered ship under the Castor Initia...
Brazil Bans Disembarkation Of International Crew At Its Ports
Categories: News Flash
Date: Jun 02, 2021
Brazil’s federal government has restricted the arrival in the country of foreign seafarers workin...
Kalmar Introduces New Remote Services For Container Terminals
Categories: News Flash
Date: Jun 02, 2021
Kalmar, part of Cargotec, introduces new remote services for manual and automated container termina...
Ulstein Design For New Korean Seismic Research Vessel
Categories: News Flash
Date: Jun 01, 2021
Ulstein has designed a new seismic research vessel for the Korea Institute of Geoscience and Minera...
Ultragas And Evergas Set-Up First Shipping Company To Transport CO2
Categories: News Flash
Date: Jun 01, 2021
The captured CO2 will be transported by vessels for storage (CCS) and reuse (CCU) and thereby enabl...
Maritime Corporate Diplomacy: A Modern Management Tool With Added Value For Shipping
Categories: News Flash
Date: Jun 01, 2021
In the global business ecosystem, the shipping industry has invariably faced the interconnection be...
China Pushes Coal Trade On The Longer Route – A Boon For Smaller Vessels?
Categories: News Flash
Date: Jun 01, 2021
China continues to block Australian coal and is diversifying its import sources (long haul countrie...
Dry Bulk Market: Conditions Are Favorable For More Upward Momentum
Categories: News Flash
Date: Jun 01, 2021
The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its...
DEME Claims World’s Most Powerful Dredger With Spartacus Launch
Categories: News Flash
Date: May 31, 2021
Last week, Belgium-based DEME held naming ceremony for most powerful cutter suction dredger in the ...
China’s COSCO Hopes For Greek Deal On Piraeus Despite Delay
Categories: News Flash
Date: May 31, 2021
Chinese shipping group COSCO hopes to reach a deal with the Greek government to complete the purcha...
ONE Declares General Average On The Delphinus
Categories: News Flash
Date: May 31, 2021
Ocean Network Express (ONE) has declared General Average for cargo onboard the containership Delphi...
Australia In Longest-Ever Ban For Aswan Shipping Bulker Over ‘Appalling’ Conditions
Categories: News Flash
Date: May 31, 2021
Australia has banned the bulker Maryam from its waters for an unprecedented 36 months with conditio...
BP, Baker Hughes, And Odfjell Drilling In Pact To Maximize Clair Performance
Categories: News Flash
Date: May 28, 2021
Oil major BP, oilfield services provider Baker Hughes, and offshore driller Odfjell Drilling have e...
Maersk Supply Orders Hybrid Battery For AHTS In Push To Decarbonise Fleet
Categories: News Flash
Date: May 28, 2021
Danish offshore vessel provider Maersk Supply Service has ordered a battery pack for one of its M-c...
Baltic Index Falls On Lower Capesize Rates
Categories: News Flash
Date: May 28, 2021
The Baltic exchange’s main sea freight index fell on Thursday largely due to a fall in rates for ...
Tankers: Covid Cloud Continues To Dampen The Dirty Tanker Market, Whilst Glimmers Of Recovery Surface For Clean Tankers
Categories: News Flash
Date: May 28, 2021
Using VesselsValue Trade, we will assess the current status of the Tanker market, using historical ...
Tanker Newbuilding Orders On Pace For Doubling During 2021
Categories: News Flash
Date: May 28, 2021
Ship owners’ appetite for crude tankers has intensified since the start of 2021, manifesting itse...
IMO Paving The Way For Autonomous Vessel Regulation
Categories: News Flash
Date: May 27, 2021
The International Maritime Organisation (IMO) completed a regulatory scoping exercise to assess...
CHEC To Build $600m Peruvian Chancay Port For Cosco Shipping
Categories: News Flash
Date: May 27, 2021
Cosco Shipping Ports Chancay Peru has signed a contract with the Chinese consortium CHEC SAC-CCCC4T...