News Flash

Post Image
OPEC Keeps Eyes On The Price Amid Texas Storm Impact, Saudi Attack

Categories: News Flash

Date: Mar 15, 2021

Little wavering from OPEC and its partner nations on supply curbs is expected in the near future af...

Post Image
International Seaways Orders Three LNG Dual-Fuel VLCCs For Shell Charters

Categories: News Flash

Date: Mar 15, 2021

New York-based International Seaways has ordered three LNG dual-fuel VLCCs from Daewoo Shipbuilding...

Post Image
Piraeus Retains Largest Med Port Crown In 2020

Categories: News Flash

Date: Mar 15, 2021

Piraeus retained its position as the Mediterranean's leading container hub in 2020 by the narrowest...

Post Image
CMA CGM Reports 4% Reduction In Overall Emissions In 2020

Categories: News Flash

Date: Mar 15, 2021

French container line CMA CGM saw a 4% reduction in overall emissions last year compared to 2019. ...

Post Image
Bill Gates' Venture Fund Backs High-Efficiency Green Hydrogen Startup

Categories: News Flash

Date: Mar 15, 2021

Bill Gates' Breakthrough Energy Ventures (BEV) has completed a $22 million investment round for Isr...

Post Image
Crude-Oil Price Overhaul Hits Delay Amid Shipping-Cost Uproar

Categories: News Flash

Date: Mar 13, 2021

Plans for the biggest overhaul in decades of how international oil prices are measured are being pu...

Post Image
No Respite For Tanker Owners Until The Second Half Of 2021

Categories: News Flash

Date: Mar 13, 2021

All hope for the tanker market’s recovery is rested on the second half of the year, when oil dema...

Post Image
SELKIE Puts Out Innovation Survey For Offshore Renewables Sector

Categories: News Flash

Date: Mar 13, 2021

The EU-backed SELKIE project has designed a detailed industry survey whose aim is to get essential ...

Post Image
Pirates Kidnap 15 Seafarers From Product Tanker Offshore Nigeria

Categories: News Flash

Date: Mar 13, 2021

According to reports the 19,800 dwt product tanker with a crew of 21 onboard was sailing from Latvi...

Post Image
Zero-emission fuels need to make up 5% of the fuel mix by 2030

Categories: News Flash

Date: Mar 12, 2021

Zero-emission fuels need to make up 5 percent of the international shipping fuel mix by 2030 to ena...

Post Image
A Road To Recovery For Product Tankers

Categories: News Flash

Date: Mar 12, 2021

Lead shipping analyst at Jefferies Inc., Randy Giveans  wrote in his recent research report on...

Post Image
VANOS & TÜV HELLAS: A New Series Of Training Programs For Safety And Health At Work

Categories: News Flash

Date: Mar 12, 2021

The purpose of the new educational programs jointly organized by VANOS S.A. and TÜV HELLAS is to i...

Post Image
Canadian Maritime Bodies Embrace KDI’s Cloud-based eLearning Simulations As A Cutting-edge Educational Tool

Categories: News Flash

Date: Mar 12, 2021

Kongsberg Digital (KDI) is proud to announce that a growing number of maritime bodies in Canada, ra...

Post Image
2021 Crude Oil Tanker Demolition Stalls As Second-hand Prices Win

Categories: News Flash

Date: Mar 12, 2021

The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequentl...

Post Image
Industry Calls For Adoption Of ‘Moon-Shot’ $5 Billion R&D Fund

Categories: News Flash

Date: Mar 11, 2021

Governments controlling a major share of the world’s shipping tonnage submitted today the proposa...

Post Image
Qatar Petroleum Takes Aim At New LNG Carrier Designs

Categories: News Flash

Date: Mar 11, 2021

Qatar Petroleum has signed a multi-party deal with a number of LNG players to develop new medium an...

Post Image
DP World Returning To Indonesia With $1.2 Billion Terminal In Gresik

Categories: News Flash

Date: Mar 11, 2021

Global port operator DP World is set to return to Indonesia with a $1.2bn port and logistics comple...

Post Image
Kongsberg Digital Signs OrbitMI As New Partner On Kognifai Marketplace

Categories: News Flash

Date: Mar 11, 2021

Kongsberg Digital has signed a partnership agreement with OrbitMI to add its maritime intelligence,...

Post Image
India Asks Refiners To Diversify, Cut Reliance On Middle East Oil After OPEC+ Decision

Categories: News Flash

Date: Mar 10, 2021

India has asked state refiners to speed up the diversification of oil imports to gradually cut thei...

Post Image
World’s 1st Ship Tunnel Gets Green Light For Construction Start

Categories: News Flash

Date: Mar 10, 2021

Norway’s Stad Ship Tunnel project, also known as the world’s first full-scale sh...

Post Image
Port Of NY And NJ Secures Funding For Electrification Initiatives

Categories: News Flash

Date: Mar 10, 2021

The Port Authority of New York and New Jersey, several port tenants, and other agencies and organiz...

Post Image
Maersk, Keppel, And Fleet Part Of Study To Explore Green Ammonia Bunkering In Singapore

Categories: News Flash

Date: Mar 10, 2021

AP Moller – Maersk, Keppel Offshore & Marine, Fleet Management, Sumitomo Corp, Yara Internati...

Post Image
MSC Carries A Record 1.9m Reefer Containers In 2020

Categories: News Flash

Date: Mar 10, 2021

With the shipment of more than 1.9m reefer containers in 2020, the Mediterranean Shipping Company (...

Post Image
Chinese-Flagged Fishing Vessel Causes Minor Spill Off Mauritius

Categories: News Flash

Date: Mar 10, 2021

A Chinese-flagged fishing vessel has run aground off the coast of Mauritius causing a minor spill, ...

Post Image
Korean Shipbuilders Reveal New Round Of Boxship Orders

Categories: News Flash

Date: Mar 10, 2021

Although many shipyards around the globe have been facing order stagnation caused by COVID-19 crisi...

Post Image
Houthis Attack Key Saudi Aramco Oil Port

Categories: News Flash

Date: Mar 09, 2021

A drone and ballistic missile attack targeted Saudi oil port Ras Tanura on 7 March as part of a wid...

Post Image
Yangzijiang Shipbuilding Secures $3bn In Newbuildings Year-To-Date

Categories: News Flash

Date: Mar 09, 2021

Private Chinese shipbuilder, Yangzijiang Shipbuilding, says that it has inked 60 eshipbuilding cont...

Post Image
EMAC Appoints Emarat Maritime MD To Its Executive Committee

Categories: News Flash

Date: Mar 09, 2021

The Emirates Maritime Arbitration Centre (EMAC) has appointed Captain Jitendra Misra to its executi...

Post Image
MOL Enhances AR Navigation System To Support Safe Navigation

Categories: News Flash

Date: Mar 09, 2021

Two years after it introduced a navigation system using augmented reality (AR) technology to enhanc...

Post Image
Celebrating Women In Maritime On International Women's Day

Categories: News Flash

Date: Mar 09, 2021

On International Women's Day, the global maritime industry paid tribute to the female seafarers and...

Post Image
Greek Seafarer Strike Has Little International Impact

Categories: News Flash

Date: Mar 08, 2021

A 72-hour strike by Greek seafarers February 23-25, had limited impact of ships outside the country...

Post Image
Hyundai Heavy Industries To Transfer LNG Ship Technology To Small Shipbuilders

Categories: News Flash

Date: Mar 08, 2021

Hyundai Heavy Industries Group will transfer its LNG ship building technology to the medium-sized s...