News Flash

Sea Lead Launching Asia – US East Coast Service

Singapore-based Sea Lead Shipping is launching its second mainline container service connecting Asia with US East Coast ports. The fortnightly...
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Yangzijiang Issuing S$50m In Bonds, Setting Up Singapore R&D Centre

Yangzijiang Shipbuilding is to issue S$50m convertible bonds to strategic investors EDB Investments and Alexandrian Worldwide as it looks to...
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UK North Sea Flaring Reaches Lowest Level Ever Recorded By Oil & Gas Regulator

UK’s petroleum regulator Oil and Gas Authority (OGA) is encouraged by the record low annual level of flaring in the...
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PIL Orders Four 14,000 Teu LNG Dual-Fuel Containerships

Pacific International Lines (PIL) has opted for LNG dual-fuel containerships as it orders its largest ever newbuildings.  Less than a...
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Repsol And Navantia To Develop Solutions For Decarbonising Shipping

Repsol and Spanish state-owned shipbuilding company Navantia have signed a collaboration agreement to jointly develop solutions to decarbonise maritime transport....
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Ukraine Situation – Contractual Implications

This short guide highlights some of the key issues that may affect the obligations and rights of contracting parties following...
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UN shipping Agency Calls Special Ukraine Meeting Amid Safety Fears For Ships

The International Maritime Organization (IMO) will convene a special meeting next week to discuss the risks to seafarers and ships...
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Philippine Government Works To Evacuate Its Seafarers From Ukraine

The Philippines is stepping up a rescue mission for seafarers stranded in Ukraine, and has so far managed to evacuate 21 of...
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NAPA, ClassNK Join Forces On 3D Ship Design Approval Process

NAPA, a provider of maritime software, services, and data analysis, and classification society ClassNK have decided to jointly support the...
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CMA CGM Cautions On Sanctions And War Fallout

CMA CGM on Friday said intense shipping demand that swelled its earnings last year was continuing in early 2022 but the war in Ukraine was...
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Subsea 7 Eyes Large Contract Award After Getting FEED Study Work

Offshore contractor Subsea 7 has secured a contract from Equinor for the front-end engineering and design (FEED) study for the...
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Impact Of Russia-Ukraine Conflict On Port Of Rotterdam

The conflict in Ukraine has prompted the European Union and other bodies to impose a number of sanctions on Russia....
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IMO Calls Extraordinary Session As Seafarers Remain Caught In Ukraine

Responding to international calls for action, the UN’s International Maritime Organization announced that it will convene an extraordinary council session...
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Equinor And BP Investing $250m In New York Offshore Wind Hub

Equinor and BP are investing up to $250m to transform New York’s South Brooklyn Marine Terminal (SBMT) into an offshore...
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QatarEnergy And Namibia’s National Oil Company Team Up To Develop Oil & Gas Sector

Qatari oil and gas giant QatarEnergy has signed a cooperation agreement with Namibia’s NAMCOR Exploration and Production on the heels...
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Russia’s War In Ukraine Could Wipe Out 1 Million Bpd Of Regional Oil Demand, Impacting Global Balances

War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed...
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EIA Projects U.S. Energy Consumption Will Grow Through 2050, Driven By Economic Growth

Energy consumption will increase in the United States over the next 30 years across a variety of economic scenarios as...
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Concept Design For Ammonia-Fuel Ready LNG-Fueled Vessel Completed

Nippon Yusen Kabushiki Kaisha (hereinafter, NYK), MTI Co., Ltd. (hereinafter, MTI), and Elomatic Oy, a Finnish maritime consulting and engineering...
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Maersk: European Terminals Are Refusing Russian Cargoes

When most large ocean carriers suspended normal service to Russia this week, shipping options for the nation's trade with the...
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ICS Urges Governments To Stop Denying Seafarers Urgent Medical Care

More than two years after the pandemic began, the International Chamber of Shipping says that too often countries and governments...
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