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Energy efficiency compliance after alterations or conversions

The EEXI requirement came into effect on 1 January 2023, and all affected ships should now comply. To maintain compliance,...
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Samsung Heavy Industries secures $508M shipbuilding deal

Samsung Heavy Industries secured a 724 billion won ($508 million) deal to build two very large ethane carriers for an...
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Shipping firms expect profits despite declining freight rates and rising dollar in South Korea

The shipping industry is expected to report solid profits despite deteriorating market conditions due to the rise in the won-dollar...
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Russian ship that sank off Spanish coast was blown up in ‘act of terrorism,’ RIA cites owner

A Russian cargo ship that ran into trouble on Monday in the Mediterranean Sea and later sank was rocked by...
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Seafarers move global trade — and Christmas gifts. These ministries bring them holiday cheer

On a balmy December evening, four Indian crew members, eager to go explore this Mediterranean city where their container ship...
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Panama: Protesters say ‘enemy’ Trump must leave canal alone

US President-elect Donald Trump said that the Panama Canal should be “returned” to Washington’s control if shipping fees are not...
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Asia Fuel Oil: Thin market liquidity persists; cash premiums mixed

Asia’s fuel oil markets continued to be barren of deals on Friday, as thin trading liquidity on the window persisted...
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New Regulation: FuelEU Maritime Comes into Force on 1 January

FuelEU Maritime aims to promote the use of green and low-emission fuels within EU shipping. Danish Shipping supports the new...
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Raising safety standards in port terminal operations

In 2015, a Macquarie Asset Management (MAM)-managed fund, Macquarie Infrastructure Partners III (MIP III), acquired a significant minority stake in...
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FUJAIRAH DATA: Oil products stockpiles head for 2024 gain

Refined oil products inventories at the UAE’s Port of Fujairah rose 4.7% in the week ended Dec. 23, heading for...
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Russia’s first ice-class LNG carrier enters sea trials, data shows

The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part...
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Transpetro concludes commercial negotiation phase with Ecovix/ McLaren consortium for acquisition of Handy ships

Transpetro finalized the commercial negotiation phase with a consortium constituted by the Ecovix, in Rio Grande (RS), and McLaren, in...
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Shipbuilding orders surge to 15-year high

Owners plowed more than $188 billion into newbuilds in the first 11 months of the year, on course for the...
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Saudi non-oil exports jump 12.7% to $6.76bn in October

According to the General Authority for Statistics, chemical products led the non-oil export categories, accounting for 26.8 percent of the...
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Construction begins on Estonia’s first biomethane-powered multipurpose workboat

Estonia’s first biomethane-powered multipurpose workboat was officially laid down in a ceremonial keel-laying event, according to Estonian State Fleet's release....
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Saipem and AVEVA sign a MoU to develop AI solutions for engineering in the energy and infrastructure sector

Saipem, a global leader in engineering services for the energy and infrastructure sectors, and AVEVA, a global leader in industrial...
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COSCO and China Merchants increase investments in China LNG Transportation

COSCO SHIPPING Energy and China Merchants Energy Transportation are increasing their investments in China LNG Transportation (Holdings) Co., Ltd. (CLNG)...
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Samsung Heavy wins $508 mln ethane carrier order

Samsung Heavy Industries secured a 724 billion won ($508 million) deal to build two very large ethane carriers for an...
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Hanxin Shipping signs a liner company cooperation agreement with Luojing Branch of SIPG Group

Hanxin Shipping Co., Ltd. and Shanghai International Port (Group) Co., Ltd. Luojing Branch signed a liner company cooperation agreement, according...
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China resumes port quarantine of Australian lobsters

China has resumed routine port inspection and quarantine of lobsters from Australia, Xinhua reports citing He Yongqian, spokesperson with the...
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