News Flash

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Portall Infosystems To Collaborate With Cloud-Based Freight Forwarding Answer Boxnbiz

Categories: News Flash

Date: Nov 11, 2020

Portall Infosystems, which runs the federal government’s Port Group System referred to as PCS1x, w...

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Synergy Group Completes FSU Conversion

Categories: News Flash

Date: Nov 10, 2020

The FSU, which has a projected lifespan of 15 years, was delivered to its owner last week. Synergy w...

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Environmentally Friendly Ballast Water Solution with Unique Advantages

Categories: News Flash

Date: Nov 10, 2020

Built on nearly two decades of expertise in the global water disinfection and treatment market, Atla...

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BIMCO Prepares Contract Template for Autonomous Shipping Deals

Categories: News Flash

Date: Nov 10, 2020

Shipping association BIMCO is adapting one of its standard contracts for use with future autonomous ...

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Panama Celebrates 117 Years as a Republic and 199 Years of Independence

Categories: News Flash

Date: Nov 10, 2020

On the commemoration of the National Day of the Republic of Panama celebrating 117 years as a Republ...

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Dry Bulk Market Could Rally If Scrapping Activity Picked Up

Categories: News Flash

Date: Nov 10, 2020

The dry bulk market could be heading for a rally, if ship owners commit to more scrappings. In its l...

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HK Shipping Company and Power Company to Promote Carbon Offsetting

Categories: News Flash

Date: Nov 07, 2020

In an effort to raise awareness and promote carbon offsetting to the shipping industry, the Hong Kon...

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Australia Holds Cargo Ship to Complete Overdue Crew Change

Categories: News Flash

Date: Nov 07, 2020

Australian authorities are continuing their strict enforcement programs designed to ensure the welfa...

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4th BIMCO Report on the IMSBC Code Amendments – Re-classification of Dangerous Goods

Categories: News Flash

Date: Nov 07, 2020

BIMCO started reporting from 30 September 2020, a series of articles, informing members of what to e...

Korean Shipping Companies Benefiting from Special Government Guarantee

Categories: News Flash

Date: Nov 07, 2020

South Korean shipping companies are enjoying high growth thanks to the South Korean government’s p...

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First Ever Standard Contract For Autonomous Ship Operation Underway

Categories: News Flash

Date: Nov 07, 2020

BIMCO is adapting the currently used SHIPMAN 2009 agreement for use with autonomous ships, but the l...

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European Commission Gives IHM Enforcement Guidance

Categories: News Flash

Date: Nov 07, 2020

“There has been substantial industry lobbying of the EU Commission for an extension to the deadlin...

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NYK Takes Full Control of Green Zeebrugge LNG Bunkering Vessel

Categories: News Flash

Date: Nov 06, 2020

To remind, the joint venture was established by NYK Line, Engie and Mitsubishi Corporation as an LNG...

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Nigerian National Petroleum Company Reports Blast on Storage Vessel

Categories: News Flash

Date: Nov 06, 2020

The Nigerian National Petroleum Corporation (NNPC) has confirmed an explosion aboard a tanker used f...

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Crew Feel ‘Forgotten and Abandoned’ LR Survey Finds

Categories: News Flash

Date: Nov 06, 2020

There are currently 400,000 seafarers stuck at sea, according to the International Maritime Organiza...

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Mitsui O.S.K. Lines Reports First Half Results

Categories: News Flash

Date: Nov 06, 2020

The average exchange rate of Japanese yen against the U.S. dollar during the first six months of fis...

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Shipping Demand To Suffer After Wave of New Lockdowns

Categories: News Flash

Date: Nov 06, 2020

Freight rates are about to face renewed downward pressure, on the back of a new wave of lockdowns ar...

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World’s Largest LNG-Powered Boxship CMA CGM Jacques Saade Arrives UK

Categories: News Flash

Date: Nov 05, 2020

The world’s largest containership powered by liquefied natural gas (LNG), the CMA CGM Jacques Saa...

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U.S. Completes Withdrawal From Paris Climate Accord

Categories: News Flash

Date: Nov 05, 2020

The United States has formally departed the Paris Climate Accord, becoming the only signatory nation...

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Ship Owners Shun Away from the Demolition Market

Categories: News Flash

Date: Nov 05, 2020

Despite enough potential supply of tonnage primed for demolition, it seems that the conclusion of de...

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Coronavirus Surge Throws Oil Recovery Into Reverse

Categories: News Flash

Date: Nov 05, 2020

Oil futures prices have started to signal OPEC+ may have to do more to offset a second wave of coron...

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Navios Maritime Acquisition Corporation Announces Delivery of One VLCC

Categories: News Flash

Date: Nov 04, 2020

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the...

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ICS Calls for Increased Female Employment and Diversity for Seafarers

Categories: News Flash

Date: Nov 04, 2020

While the shipping industry is known for the diversity of nationalities employed at sea, one area wh...

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INTERCARGO Calls for All Charterers to Allow Crew Changes

Categories: News Flash

Date: Nov 04, 2020

Charterers in some instances have been preventing crew changes from occurring, according to INTERCAR...

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Road Minister To Inaugurate Major Port Projects In Chabahar

Categories: News Flash

Date: Nov 04, 2020

In an interview with Mehr news, the Director-General of Sistan-Baluchestan Ports and Maritime Depart...

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MOL signs Charter Contract for Three Ice-Breaking LNG Carriers for Arctic LNG 2 Project in Russia

Categories: News Flash

Date: Nov 03, 2020

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President and CEO: Junichiro Ikeda), announced that charter ag...

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ClassNK Releases Guidelines for Membrane Systems on LNG Carriers

Categories: News Flash

Date: Nov 03, 2020

Classification society Nippon Kaiji Kyokai (ClassNK) has released its guidelines for membrane system...

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Getting to Zero Coalition Welcomes 1st Flag State

Categories: News Flash

Date: Nov 03, 2020

The Isle of Man Ship Registry has become the first flag state to join the Getting to Zero Coalition,...

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Legacy Issues, Pandemic – A Perfect Storm For Shipping Industry

Categories: News Flash

Date: Nov 03, 2020

The local shipping industry has been inundated by a number of issues, chief among them being financi...

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India Bound to Make Waves In the Tanker Market

Categories: News Flash

Date: Nov 02, 2020

India is gearing up to become a major player in seaborne oil demand, offering a valuable boost in th...

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Decommissioned FSO Seeks Final Destination

Categories: News Flash

Date: Nov 02, 2020

A decommissioned FSO that was sold to a Bangladeshi breaker for scrap is now anchored off Mumbai, aw...

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Dry Bulk Market: Capesize Market In Reverse Mode

Categories: News Flash

Date: Nov 02, 2020

Capesize The Capesize market was grasping for a bullish story this week as a possible mid-week ra...