News Flash

Post Image
What Will The African Continental Free Trade Area Mean For Shipping?

Categories: News Flash

Date: Jan 05, 2021

The start of this year heralded the implementation of the AfCFTA (African Continental Free Trade Ar...

Post Image
Singapore Halts Crew Change For Those With Travel History To UK, South Africa

Categories: News Flash

Date: Jan 05, 2021

The Maritime and Port Authority of Singapore (MPA) said in a circular that crew change will not be ...

Post Image
Chinese Yard Launches JSD 6000 Vessel

Categories: News Flash

Date: Jan 05, 2021

The vessel construction activities will continue at ZPMC Changxing base for further challenges up t...

Post Image
MOL chief pledges to never allow another incident like Wakashio

Categories: News Flash

Date: Jan 05, 2021

“As we take to heart that safe operation is the fundamental value of our company and the foundati...

Post Image
ClassNK releases Guideline for Survey and Facilities/Equipment of LNG Bunkering Ships

Categories: News Flash

Date: Jan 05, 2021

Leading Classification Society ClassNK released its Guideline for Survey and Facilities/Equipment o...

Post Image
India: Government Floats PPP Model For Dredging Projects At Major Port Trusts

Categories: News Flash

Date: Jan 04, 2021

The Government has floated the concept of undertaking channel deepening and maintenance works at ma...

Post Image
Pending Subscription Dues Worth ₹65 Lakh Strains Shipping Corporation-INSA Ties

Categories: News Flash

Date: Jan 04, 2021

SCI owes a total of about ₹65 lakh to INSA due in April last yearRelations between the Shipping C...

Post Image
Philippines In Temporary Crew Change Ban On Vessels Arriving From 20 Countries

Categories: News Flash

Date: Jan 04, 2021

The Philippines Port Authority (PPA) said in Facebook post that from 30 December 2020 to 15 January...

Post Image
Krishnapatnam Port Management Reach Pact With Workers Union To End Stand-off

Categories: News Flash

Date: Jan 04, 2021

The management of Krishnapatnam Port Co Ltd (KPCL) reached an agreement with Krishnapatnam Port Cle...

Post Image
Great Eastern Becomes India's Biggest Shipowner by Vessel Count

Categories: News Flash

Date: Jan 03, 2021

When it comes to shipowning nations, the likes of Greece, China, and the USA are the first countrie...

Post Image
India Proposes Crew Change At Sea For Ships Stranded Off China

Categories: News Flash

Date: Jan 03, 2021

Indian authorities proposed to their Chinese counterparts facilitating a crew change at sea for the...

Post Image
Historic Great Lakes Ferry Acquired By Interlake

Categories: News Flash

Date: Jan 03, 2021

The historic Great Lakes passenger-car ferry the S.S. Badger has been acquired by the Int...

Post Image
STI To Extend Concession, Invest Over $44m In Port Of San Antonio

Categories: News Flash

Date: Jan 02, 2021

As informed, the original concession expiring in 2025 will continue until 2030. Under the new plan,...

Post Image
Brexit: What To Expect In The Port Of Rotterdam?

Categories: News Flash

Date: Jan 02, 2021

Midnight on 31 December will mark the end of the Brexit transition period in which no customs forma...

Post Image
POSCO Moving to Expand Supply of Steel Products for LNG-fueled Vessels

Categories: News Flash

Date: Jan 02, 2021

POSCO is focusing on liquid natural gas (LNG)-powered vessels as global demand for these eco-friend...

Post Image
Shipping Faces New Turmoil In European Emissions Trading Plan

Categories: News Flash

Date: Dec 31, 2020

Cooperation in the shipping industry to cut pollution from oceangoing vessels is running aground in...

Post Image
China To Further Cut Crude Steel Output For Carbon Neutrality Goal

Categories: News Flash

Date: Dec 31, 2020

China will resolutely cut the output of crude steel and ensure it falls year on year in 2021, a sen...

Post Image
Saudi Arabia Expected To Raise February Crude Prices For Asia: Survey

Categories: News Flash

Date: Dec 31, 2020

Top oil exporter Saudi Arabia is expected to raise its official selling prices (OSPs) for Asian b...

Post Image
Oil demand won’t fully recover until 2022 — IHS Markit

Categories: News Flash

Date: Dec 31, 2020

Global oil demand will likely take another year or so to return to pre-pandemic levels — by late ...

Post Image
Navigator Holdings Ltd. Announces Closing Of The Sale of 39.1% Equity Interest To BW Group Limited and Changes To The Board of Directors

Categories: News Flash

Date: Dec 30, 2020

Navigator Holdings Ltd., today announced that the previously announced sale by funds managed by WL ...

Post Image
COSCO Faces Backlash As It Moves To Tighten Grip On Greek Port

Categories: News Flash

Date: Dec 30, 2020

Global conglomerate China COSCO Shipping is gearing up for a fight as it seeks to tighten its grip ...

Post Image
UAE Emerges As Hub For Companies Helping Venezuela Avoid U.S. Oil Sanctions

Categories: News Flash

Date: Dec 30, 2020

In June, the United States imposed sanctions on half a dozen oil tankers managed by established shi...

Post Image
Adani Ports Jumps, Crosses ₹1 Trillion In Market Capitalization

Categories: News Flash

Date: Dec 29, 2020

Adani Ports and Special Economic Zone Ltd crossed ₹1 trillion in market capitalisation for the fi...

Post Image
USCG Vessel Spills Oil In Alaska

Categories: News Flash

Date: Dec 29, 2020

On 26 December, USCG said it responded “to a report of a discharge of hydraulic oil from Coa...

Post Image
Plocan Tackles Underwater Noise From Shipping

Categories: News Flash

Date: Dec 29, 2020

Plocan is in charge of developing a Virtual Research Environment that collects and allows external ...

Post Image
Maersk Elba Loses Power After Fire Off Portugal

Categories: News Flash

Date: Dec 29, 2020

The vessel in question is the 13,092 TEU Maersk Elba, owned by Japan’s Financial Products Group. ...

Post Image
Seaways Shipping Inks Pact With MOL Logistics For Supply Chain Services

Categories: News Flash

Date: Dec 28, 2020

Hydearbad-based Seaways' group flagship Seaways Shipping and Logistics on Monday said it has ente...

Post Image
Bunker Suppliers Reliance, IOC, BP, HP & Nayara Gets Show-Cause Notice For Violating Surveillance Audit

Categories: News Flash

Date: Dec 28, 2020

The Directorate General of Shipping has sought an explanation from ship fuel (bunker) suppliers suc...

Post Image
China Okays KSOE-DSME Merger

Categories: News Flash

Date: Dec 28, 2020

China’s State Administration for Market Regulation (SAMR) recently informed KSOE that the propose...

Post Image
Panama Canal Wait Time Rise For Asia-bound LNG Cargoes Without Reservations

Categories: News Flash

Date: Dec 28, 2020

Average Panama Canal passage wait times for Asia-bound LNG tankers from the US Gulf Coast without r...

Post Image
South Korea Unveils Initiative To Promote Eco-Friendly Ship Technologies

Categories: News Flash

Date: Dec 25, 2020

Entitled “2030 Green Ship-K Initiative”, it is part of the country’s Act on Promotion of the...

Post Image
CMA CGM Names 4th 23,000 TEU LNG-Powered Boxship

Categories: News Flash

Date: Dec 25, 2020

The naming ceremony was held on December 22 in Shanghai. She is the 4th of the nine 23,000 LNG-p...