News Flash
China Pushes Coal Trade On The Longer Route – A Boon For Smaller Vessels?
Categories: News Flash
Date: Jun 01, 2021
China continues to block Australian coal and is diversifying its import sources (long haul countrie...
Dry Bulk Market: Conditions Are Favorable For More Upward Momentum
Categories: News Flash
Date: Jun 01, 2021
The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its...
DEME Claims World’s Most Powerful Dredger With Spartacus Launch
Categories: News Flash
Date: May 31, 2021
Last week, Belgium-based DEME held naming ceremony for most powerful cutter suction dredger in the ...
China’s COSCO Hopes For Greek Deal On Piraeus Despite Delay
Categories: News Flash
Date: May 31, 2021
Chinese shipping group COSCO hopes to reach a deal with the Greek government to complete the purcha...
ONE Declares General Average On The Delphinus
Categories: News Flash
Date: May 31, 2021
Ocean Network Express (ONE) has declared General Average for cargo onboard the containership Delphi...
Australia In Longest-Ever Ban For Aswan Shipping Bulker Over ‘Appalling’ Conditions
Categories: News Flash
Date: May 31, 2021
Australia has banned the bulker Maryam from its waters for an unprecedented 36 months with conditio...
BP, Baker Hughes, And Odfjell Drilling In Pact To Maximize Clair Performance
Categories: News Flash
Date: May 28, 2021
Oil major BP, oilfield services provider Baker Hughes, and offshore driller Odfjell Drilling have e...
Maersk Supply Orders Hybrid Battery For AHTS In Push To Decarbonise Fleet
Categories: News Flash
Date: May 28, 2021
Danish offshore vessel provider Maersk Supply Service has ordered a battery pack for one of its M-c...
Baltic Index Falls On Lower Capesize Rates
Categories: News Flash
Date: May 28, 2021
The Baltic exchange’s main sea freight index fell on Thursday largely due to a fall in rates for ...
Tankers: Covid Cloud Continues To Dampen The Dirty Tanker Market, Whilst Glimmers Of Recovery Surface For Clean Tankers
Categories: News Flash
Date: May 28, 2021
Using VesselsValue Trade, we will assess the current status of the Tanker market, using historical ...
Tanker Newbuilding Orders On Pace For Doubling During 2021
Categories: News Flash
Date: May 28, 2021
Ship owners’ appetite for crude tankers has intensified since the start of 2021, manifesting itse...
IMO Paving The Way For Autonomous Vessel Regulation
Categories: News Flash
Date: May 27, 2021
The International Maritime Organisation (IMO) completed a regulatory scoping exercise to assess...
CHEC To Build $600m Peruvian Chancay Port For Cosco Shipping
Categories: News Flash
Date: May 27, 2021
Cosco Shipping Ports Chancay Peru has signed a contract with the Chinese consortium CHEC SAC-CCCC4T...
Dutch Court Orders Shell To Curb Emissions In ‘Historic Ruling’
Categories: News Flash
Date: May 27, 2021
A Dutch court has ordered oil major Shell to deepen its carbon emissions cuts in a ruling described...
Kawasaki Heavy Builds World’s First Tanker For Liquid Hydrogen
Categories: News Flash
Date: May 27, 2021
Kawasaki Heavy Industries Ltd., a pioneer in transporting liquified natural gas (LNG), has now deve...
Association Of Average Adjusters Champions Highest Professional Standards Amid Challenges Of An “Extraordinary Year”
Categories: News Flash
Date: May 27, 2021
At the Association of Average Adjusters recent virtual annual general meeting, the over-riding mess...
Wärtsilä Selected To Supply World’s Largest BioLNG Production Plant
Categories: News Flash
Date: May 27, 2021
The technology group Wärtsilä will supply a biogas liquefaction plant to Norway-based Biokraft, a...
Sri Lanka Passes Controversial Port City Bill
Categories: News Flash
Date: May 26, 2021
Sri Lanka's parliament has passed the controversial Port City Bill, creating the country's first Sp...
Vitol Launches Global Bunkering Service
Categories: News Flash
Date: May 26, 2021
Vitol today announces the launch of a global bunkering service, Vitol Bunkers. Vitol Bunkers wil...
Abu Dhabi Ports Announces Green Ammonia Production Project
Categories: News Flash
Date: May 26, 2021
Khalifa Industrial Zone Abu Dhabi (KIZAD) announced the formation of a green ammonia production fac...
The Bahamas Welcomes The Registry’s First LNG Powered Passenger Ship
Categories: News Flash
Date: May 26, 2021
The Bahamas Maritime Authority (BMA) is delighted to welcome its first Liquified Natural Gas (LNG) ...
Ports Of Auckland Inks LSF Supply Deal With BP
Categories: News Flash
Date: May 26, 2021
The Ports of Auckland subsidiary Seafuels and British multinational oil and gas major BP have ...
DNV Awards AiP To Keppel Offshore & Marine For Its Digital Asset Lifecycle Solution
Categories: News Flash
Date: May 25, 2021
Leading classification society DNV has awarded an Approval in Principle (AiP) to Singapore-based Ke...
Wärtsilä Lifecycle Solutions For LNG Carriers – Together We Can Achieve More
Categories: News Flash
Date: May 25, 2021
In the final tech talk of our series, Jeremy Crossman, General Manager, Sales Excellence at Wärtsi...
Oxygen Concentrators Sent To India To Save Seafarers’ Lives
Categories: News Flash
Date: May 25, 2021
Hundreds of lives will be saved thanks to two new emergency projects being funded by the ITF Seafar...
Tianjin Port Signs 5G Technology Development Deal With China Mobile
Categories: News Flash
Date: May 25, 2021
Tianjin port, China Mobile Tianjin branch and China Mobile (Shanghai) Information and Communication...
DP World Changes UAE Leadership
Categories: News Flash
Date: May 25, 2021
DP World CEO and Managing Director for the UAE region, Mohammed Al Muallem, has been promoted to a ...
Castor Maritime Inc. Announces Reverse Stock Split To Be Effective May 28, 2021
Categories: News Flash
Date: May 24, 2021
Castor Maritime Inc., a diversified global shipping company, announces that its board of directors ...
Ship Owner Says Suez Canal Was At Fault Over Ever Given Grounding: Lawyer
Categories: News Flash
Date: May 24, 2021
The owner of a container ship that blocked the Suez Canal in March says the canal authority was at ...
IMO Agrees On New Measures To Detect And Report Containers Lost At Sea
Categories: News Flash
Date: May 24, 2021
The Maritime Safety Committee (MSC 103) meeting of the International Maritime Organization (IMO) wa...
World 1st Successful Demonstration Test Of Auto Berthing And Un-Berthing System, Using A Large Car Ferry And Actual Pier
Categories: News Flash
Date: May 24, 2021
Mitsui E&S Shipbuilding Co., Ltd., Mitsui O.S.K. Lines, Ltd., Tokyo University of Marine Scienc...
Stranded Grains Ships To Be Towed Free From Rosario, Says Ports Chamber
Categories: News Flash
Date: May 24, 2021
Seven grains ships stranded at Argentina’s export hub of Rosario will be towed free and sent out ...