News Flash

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Egypt To Seek Over $1 Billion In Compensation For Suez Blockage

Categories: News Flash

Date: Apr 03, 2021

Egypt will ask for over $1 billion in compensation for damages caused by Ever Given's groundin...

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Seaspan Orders Six Boxships At CSSC Yards

Categories: News Flash

Date: Apr 03, 2021

The containership owner Seaspan has placed orders at Hudong Zhonghua Shipbuilding and Jiangnan Ship...

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MOL Sets Fueling Process For LNG-Powered Ferries Under Construction

Categories: News Flash

Date: Apr 03, 2021

Mitsui O.S.K. Lines is continuing preparation for the launch of Japan’s first LNG-fueled ferries ...

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Biden Appoints New Chair Of Federal Maritime Commission

Categories: News Flash

Date: Apr 01, 2021

Commissioner Daniel B. Maffei has been designated as the new chairman of the US Federal Maritime Co...

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International Seaways And Diamond S In $2 Billion Tanker Mega-Merger

Categories: News Flash

Date: Apr 01, 2021

In a mega-merger, two US-listed tanker operators have agreed to combine to create one of the world...

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Maersk Injects New Asia/US East Coast String To Bolster Transpacific Supply Chains

Categories: News Flash

Date: Apr 01, 2021

Florham Park, New Jersey USA – Maersk Inc. North America has announced the start of a new service...

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Panama Launches Investigation Into Ever Given’s Grounding

Categories: News Flash

Date: Apr 01, 2021

The Panama Maritime Authority (AMP) has started an investigation into the grounding of the Ever Giv...

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IMO Publishes Short List Of Actions For Quick Carbon Footprint Reduction In Shipping

Categories: News Flash

Date: Apr 01, 2021

To support the Low Carbon Shipping effort, the IMO Global Industry Alliance (GIA) published a guide...

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World Bank Sees Western Balkan Economies Rebounding To Growth In 2021

Categories: News Flash

Date: Apr 01, 2021

The economies of the six countries in the Western Balkans could grow by 4.4% in 2021, up from a 4.8...

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Meriaura Group Working On A 100% Carbon Neutral Transport Concept

Categories: News Flash

Date: Apr 01, 2021

Finnish shipping outfit Meriaura Group has started the preparation and design of a transport concep...

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Meyer Werft Wins Rare Cruise Ship Order From Japan

Categories: News Flash

Date: Apr 01, 2021

Japanese cruise shipping company NYK Cruises, part of the NYK Group, has ordered an LNG-powered 51,...

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Seaspan Announces Newbuild Order For Six 15,500 TEU Containerships

Categories: News Flash

Date: Mar 31, 2021

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

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Qingdao Shipyard Inks Contract For 5,900 Teu Boxship Quartet

Categories: News Flash

Date: Mar 31, 2021

Qingdao Shipyard announced it had entered into the shipbuilding contract with a Belgian shipowner f...

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DP World Caucedo Receives Largest Vessel After Completing Expansion

Categories: News Flash

Date: Mar 31, 2021

DP World Caucedo has completed its $114m-expansion allowing it to receive the biggest vessel ever t...

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Suez Canal Begins Clearing Vessel Backlog

Categories: News Flash

Date: Mar 31, 2021

Transits of the Suez Canal began again in the evening of March 29 after the Ever Given was refloate...

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Maersk Turns Around Vessels Redirected To Cape Of Good Hope

Categories: News Flash

Date: Mar 31, 2021

With the Suez Canal reopening following the successful re-floating of the Ever Given Maersk has tur...

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Plans From Norway For An Ammonia-Fuelled Short-Sea Bulker Service

Categories: News Flash

Date: Mar 31, 2021

The latest entrant in the race to develop the first zero-emission shipping operation is a new joint...

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Trade War: Biden Administration Not Ready To ‘Yank’ China Tariffs, But Open To Talks

Categories: News Flash

Date: Mar 30, 2021

In her first interview since taking office earlier this month, U.S. Trade Representative Katherine ...

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Cosco And PPA Disagreement Over Piraeus Shipyard Facilities

Categories: News Flash

Date: Mar 30, 2021

Greece’s main opposition party has charged the government and the Cosco Shipping-managed Piraeus ...

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Ever Given Being Towed For Technical Inspection

Categories: News Flash

Date: Mar 30, 2021

Grounded container vessel Ever Given has been fully refloated and is being towed to the Great Bitte...

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Europe’s Ports Call For More Onshore Power Where It Makes Sense

Categories: News Flash

Date: Mar 30, 2021

Onshore Power Supply (OPS) is part of the solution to greening the shipping sector. It is an import...

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Hyundai Heavy Setting Up Hydrogen Supply Chain By 2030

Categories: News Flash

Date: Mar 30, 2021

South Korea’s Hyundai Heavy Industries (HHI) Group plans to go into all areas of hydrogen value c...

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Big Changes Underway In Middle East Crude Oil Market

Categories: News Flash

Date: Mar 30, 2021

Major reforms undertaken by one of the Middle East’s largest oil producers are set to substantial...

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ICS Welcomes Call From United Nations Agencies To Prioritise Seafarers For COVID-19 Vaccines

Categories: News Flash

Date: Mar 27, 2021

The International Chamber of Shipping (ICS) has welcomed the joint statement signed by the heads of...

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Wilhelmsen Unveils New Structure And Renewable Energy Ambition

Categories: News Flash

Date: Mar 27, 2021

Maritime group Wilhelmsen will invest up to $500m in renewables as part of a pivot to supporting de...

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Melilla, Groningen Ports Renew PERS Certification

Categories: News Flash

Date: Mar 27, 2021

Spanish Port of Melilla and Duch Groningen Seaport have been certified through the EcoPorts’ envi...

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Samsung Shipyard Wins $2.47 Bln New Order For 20 Large Container Ships

Categories: News Flash

Date: Mar 27, 2021

Samsung Heavy Industries has won a whopping new order worth 2.8 trillion won ($2.47 billion) from a...

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CULines To Launch New Asia Services

Categories: News Flash

Date: Mar 27, 2021

Chinese liner service provider China United Lines (CULines) is to launch three new shipping service...

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Port Of Bellingham Eyes Significant GHG Emissions Cuts

Categories: News Flash

Date: Mar 26, 2021

The US Port of Bellingham aims to reduce greenhouse gas (GHG) emissions by approximately 86% annual...

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Eco Valencia Saves 5.1 Pct In Fuel With Silverstream’s Air Lubrication

Categories: News Flash

Date: Mar 26, 2021

Grimaldi Group’s newbuild ro-ro vessel Eco Valencia has saved 5.1 % in fuel consumption and emi...

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Sino-Global Shipping Joins Crypto And NFT Revolution

Categories: News Flash

Date: Mar 26, 2021

Sino-Global Shipping is a logistics company catering to the American and Chinese markets. In Februa...

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Suez Canal Ship Accident Delays Crude, Products Arbitrage Flows

Categories: News Flash

Date: Mar 26, 2021

With dozens of oil and refined products tankers still waiting to pass through the Suez Canal — wh...