News Flash

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...

Post Image
OPEC: Oil Market Review Of 2020 And Outlook For 2021

Categories: News Flash

Date: Dec 25, 2020

While 2020 began on relatively solid footing, the COVID-19 pandemic upended all expectations, espec...

Post Image
As 2021 Will Bring The Largest Crude Deficits In Years, A Window Of Opportunity Opens For Producers

Categories: News Flash

Date: Dec 25, 2020

The Covid-19 pandemic has devastated crude and condensate demand in 2021, creating massive supply s...

Post Image
Container Debris “Sprouts up” on Oregon Coast

Categories: News Flash

Date: Dec 25, 2020

The Oregon State Parks authority is responding to reports of debris from a cargo container washing ...

Post Image
Hapag-Lloyd Orders Six LNG-Powered 23,500 TEU Containerships

Categories: News Flash

Date: Dec 24, 2020

The $ 1 billion investment will see the LNG-powered 23,500+ TEU vessels delivered to Hapag-Lloyd be...

Post Image
Ship Recycling Market Looking Active as Tonnage Supply Increases

Categories: News Flash

Date: Dec 24, 2020

More ship owners appeared willing to offload their older ships as 2020 nears its end. In its latest...

Post Image
Maersk Receives 4.9 Stars Out Of 5 On Environmental Reporting

Categories: News Flash

Date: Dec 24, 2020

Maersk is not only the largest container carrier in the world but also the shipping company leading...

Post Image
ONE Announces Letter Of Intent For Long-Term Charter Of World's Largest Ultra Large Container Ships

Categories: News Flash

Date: Dec 24, 2020

The new buildings are planned to be built by the consortium of Imabari Shipbuilding and Japan Marin...

Post Image
Congress Approves Houston Ship Channel Dredging Project

Categories: News Flash

Date: Dec 23, 2020

The massive stimulus package passed by the House and Senate this week included a wide variety of ad...

Post Image
Two Chinese Vessels in Distress in Storm off Vietnam Prompting Rescues

Categories: News Flash

Date: Dec 23, 2020

A strong storm moving across the South China Sea in the area near Vietnam placed two Chinese-owned ...

Post Image
Another Step Towards A Zero-Emission Future

Categories: News Flash

Date: Dec 23, 2020

On 17 December, my colleagues and I were thrilled to be welcomed onboard the Yara Birkeland, the wo...

Post Image
US Imports 151.4 Million Christmas Tree Lighting Sets In The First Ten Months Of 2020

Categories: News Flash

Date: Dec 23, 2020

During the first 10 months of the year, the US has imported a total of 151.4 million sets of Christ...

Post Image
IMO Secretary-General Denounces “No Crew Change” Clauses

Categories: News Flash

Date: Dec 22, 2020

IMO Secretary-General Kitack Lim has spoken out against “no crew change” clauses in charterpart...

Post Image
The Mission To Seafarers Announces Crew Welfare Campaign To Maintain Seafarer Support During Pandemic

Categories: News Flash

Date: Dec 22, 2020

The Mission to Seafarers today announced the launch of a new fundraising campaign to sustain the cr...

Post Image
IAPH-WPSP COVID19 survey : One Quarter Of Ports Responding Have An Increased Share Of Empty Container Handling

Categories: News Flash

Date: Dec 22, 2020

In addition to the updates on vessel calls, hinterland delays, capacity utilization and port person...

Post Image
US Offshore Wind – Jones Act Installation Vessel On The Way

Categories: News Flash

Date: Dec 22, 2020

In a prepared release, a top executive at Dominion Energy said: “Dominion Energy is proud to be l...

Post Image
India: DGS Lifts Quarantine Rule For Ships Arriving From Ports Of Infected Countries

Categories: News Flash

Date: Dec 21, 2020

The Directorate General of Shipping (DGS) has lifted the 14-days mandatory quarantine period stipul...

Post Image
MSC Calls For Urgent Solution For Seafarers On Chartered Bulk Carrier Anastasia

Categories: News Flash

Date: Dec 21, 2020

MSC Mediterranean Shipping Company is calling for an urgent crew change solution for the bulk carri...

Post Image
150 Million Euros Guaranteed Outer Port Gdynia

Categories: News Flash

Date: Dec 21, 2020

The Port of Gdynia Authority S.A. has formally launched a procedure to select a private partner for...

Post Image
LPG Dual-Fuel Converted VLGC BW Gemini In Panama Collision

Categories: News Flash

Date: Dec 21, 2020

The 2015-built VLGC BW Gemini was at anchor in at Cristóbal, Panama, when it was lightly struck by...

Post Image
Rhine Water Level Rises, Too Shallow In North For Full Shipping

Categories: News Flash

Date: Dec 20, 2020

Water levels on the Rhine in Germany have again risen after recent rain but remain too shallow in n...

Post Image
The Alliance Announces January 2021 Sailing Plan

Categories: News Flash

Date: Dec 20, 2020

In response to the COVID-19 pandemic, the members of THE Alliance have continuously been adapting t...