News Flash

The Biden administration is planning to propose a new, five-year offshore oil and gas leasing program by the end of...

Notarc Management Group (NMG), a LatAm-focused private investment and asset management firm, which last year launched its Panama Development Fund...

The container industry made a $59.3bn profit in the first quarter, the sixth consecutive record quarterly profit for the sector....

The International Transport Workers’ Federation and U.S. Coast Guard teamed up last week to address the latest example of crewmembers...

In 2019, prior to the onset of the COVID-19 pandemic, jet fuel contributed an estimated 8% of oil products’ cargo...

Following a recent report that Turkey is about to welcome the fourth addition to its fleet of drillships, the vessel...

Inmarsat, the world leader in global, mobile satellite communications, has completed the first phases of testing of innovative technology developments...

A French plan for a wind-powered merchant ship known as the Neoliner reports that it continues to make progress completed...

Damen Green Solutions, a member of the Damen Shipyards Group, has been given the right to promote a green ship-based...

Giant offshore drilling contractor Transocean has recently held a naming ceremony at a shipyard in Singapore for its delayed newbuild...

The European Commission has published its annual EU Blue Economy Report to take stock and uncover the latest trends and...

Braemar signed a seven-year deal with the UK Ministry of Defence (MOD) to provide shipbroking services worldwide across all commercial...

Hanseaticsoft, a leading provider of maritime software and part of the Lloyd’s Register’s Maritime Performance Services, has strengthened its team...

Leading Classification Society ClassNK has certified NAPA Fleet Intelligence and NAPA Performance Monitoring and Optimization, developed by NAPA, as its...

Reefer rates between the US west coast and Far East rose by almost 60% in April, as typical year-long contracts...

A sub-committee of the International Labour Organization (ILO) has agreed to raise the minimum wage for seafarers to up to $673 per...

Program continues to expand and achieve greater environmental benefits The partners in an initiative to cut air pollution and protect...

The first LNG terminal at Fangcheng port, Guangxi province is preparing to accept international vessels. It is the first LNG...

Shanghai-based Jinjiang Shipping is to launch a new service to Thailand and Vietnam in Southeast Asia. Started from 1 June, the...

Members of the European Parliament (MEPs) voted to extend the scope of the EU Emissions Trading Scheme (ETS) to include...