News Flash

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Hyundai Mipo Wins New LPG, Petrochemical Ship Orders

Categories: News Flash

Date: Feb 08, 2021

South Korean shipbuilder Hyundai Mipo Dockyard (HMD), part of Korea Shipbuilding & Offshore Eng...

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NYK Pens $50 Million Sustainability-linked Loan

Categories: News Flash

Date: Feb 08, 2021

Japanese shipping major NYK has signed a sustainability-linked loan agreement worth $50 million wit...

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Saudi Arabia’s IMI In Talks With Prominent Chinese Shipbuilding Suppliers To Set Up Permanent Facilities In The Kingdom

Categories: News Flash

Date: Feb 06, 2021

International Maritime Industries (IMI), the Middle East and North Africa’s largest maritime faci...

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MSC Aries Suffers Container Spill In The Pacific

Categories: News Flash

Date: Feb 06, 2021

A Neopanamax containership operated by Swiss shipping major Mediterranean Shipping Company (MSC) lo...

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New CEO To Lead Next Phase Of Hamburg Süd’s Integration

Categories: News Flash

Date: Feb 06, 2021

German container shipping company Hamburg Süd, part of Maersk Line, has appointed new Chief Execut...

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Maersk Tankers Signs Sea Cargo Charter

Categories: News Flash

Date: Feb 06, 2021

Maersk Tankers has become a signatory of the Sea Cargo Charter, a global framework that establishes...

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Peninsula Petroleum Launches LNG Bunkering Business As Part Of Global Sustainability Initiative

Categories: News Flash

Date: Feb 05, 2021

Global integrated marine fuel supplier Peninsula Petroleum Group (PPG) on Thursday (4 February) sai...

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Wallenius Wilhelmsen Fined $18 Million For Cartel Conduct In Australia

Categories: News Flash

Date: Feb 05, 2021

Norwegian-based global shipping company Wallenius Wilhelmsen Ocean AS has been fined A$24 million...

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OPEC+ Focuses On Overproduction Despite Optimism Over Demand Recovery

Categories: News Flash

Date: Feb 05, 2021

With Brent prices within spitting distance of $60/b and Saudi Arabia shouldering an extra load of p...

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Last Day For Shipping Submissions On EU Emissions Trading Scheme

Categories: News Flash

Date: Feb 05, 2021

Today marks the last day on which interested parties can make submissions to the European Commissio...

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Panama Canal Hits LNG Transit Record

Categories: News Flash

Date: Feb 05, 2021

Panama Canal has hit a new record for the transit of Liquefied Natural Gas (LNG) in January. The...

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StormGeo Opens New Office In Denmark

Categories: News Flash

Date: Feb 04, 2021

Weather intelligence firm StormGeo has opened a new office in Copenhagen, Denmark to better support...

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Scorpio Sells Seven Bulkers To Star Bulk

Categories: News Flash

Date: Feb 04, 2021

Scorpio Bulkers has continued its fleet sell off with the sale of seven vessels to Star Bulk, as it...

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Dr. Peters Group, Chemikalien Seetransport Create Ship Management JV

Categories: News Flash

Date: Feb 04, 2021

Hamburg-based tanker shipping company Chemikalien Seetransport (CST) and Dortmund-based Investment ...

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Euronav Acquires Resale Newbuild Eco-suezmax Pair For $113m

Categories: News Flash

Date: Feb 04, 2021

Euronav has entered into an agreement to acquire two resale suezmax newbuildings that will be able ...

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Liberia Becomes First Ship Registry To Join Neptune Declaration

Categories: News Flash

Date: Feb 03, 2021

The Liberian Registry has become the first ship registry to sign onto the Neptune Declaration on Se...

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Port Of Cartagena Passes 3m Teu Mark In 2020

Categories: News Flash

Date: Feb 03, 2021

Cartagena, on the Atlantic coast of Colombia, has become the largest transhipment terminal in the C...

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K Line To Expand Sharing Of Ship Operational Data

Categories: News Flash

Date: Feb 03, 2021

Japanese shipping major Kawasaki Kisen Kaisha (K Line) and Ship Data Center (ShipDC) have agreed to...

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Iran Releases Crew Of Detained South Korean Tanker

Categories: News Flash

Date: Feb 03, 2021

Iran agreed to release the crew of a South Korean chemical tanker that it detained at the beginning...

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New BIMCO Clause Aims To Curb AIS Abuse

Categories: News Flash

Date: Feb 03, 2021

BIMCO is working on a charter party clause to help tackle potential abuse by sanctions busters of t...

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Port of Antwerp, The Gateway Between Western Europe And The Great Lakes St. Lawrence Region

Categories: News Flash

Date: Feb 02, 2021

Port of Antwerp has several Memorandum’s of Understanding with foreign partners. One of these par...

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Corvus Plans Large-scale Production Of Maritime Fuel Cell Systems With Toyota

Categories: News Flash

Date: Feb 02, 2021

Energy storage firm Corvus Energy is planning to start the development and production of large-scal...

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Hyundai Heavy IPO Plan Faces Feasibility Doubts

Categories: News Flash

Date: Feb 02, 2021

The feasibility of the scheduled Initial Public Offering (IPO) of Hyundai Heavy Industries is facin...

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InceMaritime Makes Debut With Integrated Cyber Security Service

Categories: News Flash

Date: Feb 02, 2021

UK-based international law firm Ince has launched an integrated cyber security solution in conjunct...

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Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge

Categories: News Flash

Date: Feb 02, 2021

The UK Hydrographic Office (UKHO) has announced leading geospatial intelligence technology provider...

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Furuno Launches The First IMO-compliant X-band and S-band Radar Package

Categories: News Flash

Date: Feb 01, 2021

FURUNO ELECTRIC CO., LTD. (headquartered in Nishinomiya, Japan) presents, for the first time, a com...

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KDB Moving To Sell Off HMM To POSCO

Categories: News Flash

Date: Feb 01, 2021

Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine...

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MOL Announces Restructuring Measures

Categories: News Flash

Date: Feb 01, 2021

Mitsui O.S.K. Lines, Ltd. yesterday announced that it will restructure the organization effective A...

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Shipping Industry Seeks Govt. Help To Deal With Piracy In Gulf of Guinea

Categories: News Flash

Date: Feb 01, 2021

Cargo from the oil-rich region plays a crucial role in ensuring India’s energy security The In...

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Avenir LNG Limited Announces The Launch Of The Avenir Allegiance

Categories: News Flash

Date: Jan 30, 2021

Avenir LNG Limited announces the launch of the Avenir Allegiance; the world’s largest dual-purpos...

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Australian Coal Trade Up Despite Chinese Woes

Categories: News Flash

Date: Jan 30, 2021

The value of Australia’s coal exports increased by 26% in the month of December, compared with No...

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Maersk Tankers Sells Its First Wind-Assisted Vessel

Categories: News Flash

Date: Jan 30, 2021

Maersk Tankers, which spearheads Maersk's liquid bulk business, recently announced a decision ...