News Flash

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Port Of Los Angeles Loaded Container Import-Export Imbalance Hits 4:1

Categories: News Flash

Date: Mar 19, 2021

The Port of Los Angeles saw the imbalance between loaded container imports and exports hitting reco...

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CMA CGM Expands China Inland Services

Categories: News Flash

Date: Mar 19, 2021

CMA CGM is strengthening its inland service in China through a new joint venture with CIMC Modern L...

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BIMCO: Scrubber-Fitted Ships Nearly Double In 15 Months

Categories: News Flash

Date: Mar 19, 2021

Since January 1, 2020, the number of scrubber-fitted ships has nearly doubled from 2,011 ships to 3...

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Seanergy Maritime Holdings Corp. To Acquire Two Additional Capesize Vessels

Categories: News Flash

Date: Mar 19, 2021

Seanergy Maritime Holdings Corp. announced that it has entered into agreements with unaffiliated th...

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Wilson Sons Invests In An Israeli Startup Of Port Technology

Categories: News Flash

Date: Mar 18, 2021

Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, acquired a mino...

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Hapag-Lloyd Continues Container Consolidation With NileDutch Acquisition

Categories: News Flash

Date: Mar 18, 2021

Continuing the trend of consolidation in container shipping Hapag-Lloyd has acquired Africa special...

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MOL Announces Issuance Of Publicly Offered Hybrid Corporate Bonds

Categories: News Flash

Date: Mar 18, 2021

Mitsui O.S.K. Lines, Ltd. on March 17, announced the submission of an amended version of the shelf ...

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DP World Callao In Peru Gets Approval For $333.6m Expansion

Categories: News Flash

Date: Mar 18, 2021

Peru’s National Port Authority (APN) has approved the technical works files of Phase 2 and additi...

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Lack of Tonnage Hinders Scrapping Activity

Categories: News Flash

Date: Mar 17, 2021

A lack of available tonnage has proven to be a hindrance when it comes to increasing ship recycling...

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Ship Repair Sector Returns to Normalcy

Categories: News Flash

Date: Mar 17, 2021

The ship repair sector faced significant disruptions during most of 2020, as a result of the pandem...

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Panama Calls On IMO To Help Seafarers Stuck In China Amid Coal Trade Spat With Australia

Categories: News Flash

Date: Mar 17, 2021

Coal trade between Australia and China has turned into a nightmare for over 74 vessels and more tha...

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North Star Makes Grand Entrance into Offshore Wind with Dogger Bank

Categories: News Flash

Date: Mar 17, 2021

Aberdeen-based company North Star Renewables has won the tender for the delivery of three service o...

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Tangier Med Takes Mediterranean Top Container Port Crown In 2020

Categories: News Flash

Date: Mar 17, 2021

There was close competition for the title of the Med’s largest container terminal last year with ...

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Taiwan's Wan Hai Launches Aggressive Expansion With $1.5B In Orders

Categories: News Flash

Date: Mar 16, 2021

Taiwan-based Wan Hai Lines is continuing its fleet renewal and expansion program announcing another...

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India’s Oil Diversification Could Be Good News For Tankers

Categories: News Flash

Date: Mar 16, 2021

Diversification of India’s oil sources could be positive news for tanker ton-mile demand, accordi...

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KSOE Lands Shipbuilding Orders Worth $724 Million

Categories: News Flash

Date: Mar 16, 2021

South Korea’s largest shipbuilder Korea Shipbuilding & Offshore Engineering Co. (KSOE) has wo...

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ABS Launches Smart Emissions Reporting Tool

Categories: News Flash

Date: Mar 16, 2021

ABS has added another smart digital tool to its industry-leading environmental compliance support f...

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Growing Support Seen For Industry R&D Decarbonisation Fund Proposal At IMO

Categories: News Flash

Date: Mar 16, 2021

An industry proposal for a $5bn research fund to decarbonise shipping submitted to the Internationa...

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Panama Calls Market Consultation On LRIT Operations

Categories: News Flash

Date: Mar 16, 2021

The Panama Maritime Authority (AMP) is seeking potential partners for Long-Range Identification Tra...

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OPEC Keeps Eyes On The Price Amid Texas Storm Impact, Saudi Attack

Categories: News Flash

Date: Mar 15, 2021

Little wavering from OPEC and its partner nations on supply curbs is expected in the near future af...

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International Seaways Orders Three LNG Dual-Fuel VLCCs For Shell Charters

Categories: News Flash

Date: Mar 15, 2021

New York-based International Seaways has ordered three LNG dual-fuel VLCCs from Daewoo Shipbuilding...

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Piraeus Retains Largest Med Port Crown In 2020

Categories: News Flash

Date: Mar 15, 2021

Piraeus retained its position as the Mediterranean's leading container hub in 2020 by the narrowest...

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CMA CGM Reports 4% Reduction In Overall Emissions In 2020

Categories: News Flash

Date: Mar 15, 2021

French container line CMA CGM saw a 4% reduction in overall emissions last year compared to 2019. ...

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Bill Gates' Venture Fund Backs High-Efficiency Green Hydrogen Startup

Categories: News Flash

Date: Mar 15, 2021

Bill Gates' Breakthrough Energy Ventures (BEV) has completed a $22 million investment round for Isr...

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Crude-Oil Price Overhaul Hits Delay Amid Shipping-Cost Uproar

Categories: News Flash

Date: Mar 13, 2021

Plans for the biggest overhaul in decades of how international oil prices are measured are being pu...

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No Respite For Tanker Owners Until The Second Half Of 2021

Categories: News Flash

Date: Mar 13, 2021

All hope for the tanker market’s recovery is rested on the second half of the year, when oil dema...

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SELKIE Puts Out Innovation Survey For Offshore Renewables Sector

Categories: News Flash

Date: Mar 13, 2021

The EU-backed SELKIE project has designed a detailed industry survey whose aim is to get essential ...

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Pirates Kidnap 15 Seafarers From Product Tanker Offshore Nigeria

Categories: News Flash

Date: Mar 13, 2021

According to reports the 19,800 dwt product tanker with a crew of 21 onboard was sailing from Latvi...

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Zero-emission fuels need to make up 5% of the fuel mix by 2030

Categories: News Flash

Date: Mar 12, 2021

Zero-emission fuels need to make up 5 percent of the international shipping fuel mix by 2030 to ena...

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A Road To Recovery For Product Tankers

Categories: News Flash

Date: Mar 12, 2021

Lead shipping analyst at Jefferies Inc., Randy Giveans  wrote in his recent research report on...

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VANOS & TÜV HELLAS: A New Series Of Training Programs For Safety And Health At Work

Categories: News Flash

Date: Mar 12, 2021

The purpose of the new educational programs jointly organized by VANOS S.A. and TÜV HELLAS is to i...

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Canadian Maritime Bodies Embrace KDI’s Cloud-based eLearning Simulations As A Cutting-edge Educational Tool

Categories: News Flash

Date: Mar 12, 2021

Kongsberg Digital (KDI) is proud to announce that a growing number of maritime bodies in Canada, ra...