News Flash

Timothy Cosulich Appointed Chairman Of IBIA

Fratelli Cosulich CEO of Marine Fuel, Timothy Cosulich, has been elected as chairman of the International Bunker Industry Association (IBIA)....
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North Sea Decarbonisation At The Forefront Of Scotland’s Leasing Round Connecting Offshore Oil & Gas With Wind

A new leasing opportunity has been unveiled in Scotland, connecting offshore oil and gas with offshore wind in a push...
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Orca AI Receives World-First ABS PDA For AI-Based Navigation Safety Platform

Orca AI’s AI-powered collision avoidance and navigation safety platform has received Product Design Assessment (PDA) certification from the American Bureau...
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Windward Launches AI-Powered Ocean Freight Visibility Solution Leveraging Data-Backed Insights And Over A Decade Of Maritime Expertise To Solve Supply Chain Visibility Challenges

Windward (LSE: WNWD), the Predictive Intelligence company applying AI to transform global maritime trade, launched today its Ocean Freight Visibility...
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DNV Approves Odfjell Oceanwind Floating Offshore Wind Foundation

DNV has awarded an approval in principle (AiP) to Odfjell Oceanwind’s Deepsea Semi floating wind foundation design. The design has...
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Around $400 Million Worth Of Cars Could Be Lost In Felicity Ace Fire

The fire on the Felicity Ace ship off the coast of Portugal’s Azores Islands is expected to generate at least $155 million...
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RINA Approves 2050-Ready LNG/Hydrogen MR Tanker

RINA has granted approval in principle to a MR tanker designed FKAB which uses LNG to create hydrogen onboard for...
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WTO Sees Signs Of Trade Turning Point

The world Trade Organization’s (WTO) Goods Trade Barometer shows signs of bottoming out, despite problems in global container trades. The...
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IMI And Columbia Shipmanagement Ink Agreement On Collaboration

Saudi Arabia’s International Maritime Industries (IMI) and Columbia Ship Management (CSM) have converted a six-month-old Memorandum of Understanding into a...
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Wrist Ship Supply Acquires Panama Chandler Centralam

Denmark-based Wrist Ship Supply has acquired Panama’s ship chandler Centralam, expanding its global reach. Centralam Panama is a leading ship...
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European Freight Forwarders Call On EU To Investigate Container Lines

Calls are continuing to build for regulators to investigate the business practices of the container shipping industry, with the association...
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SQLearn & Moore Greece Combine Their Areas Of Expertise And Introduce The Maritime Financial Reporting Masterclass

Moore Greece and SQLearn have come together to develop a platform that aims to be the point of reference for...
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ExxonMobil Kicks Off Drilling Ops In Brazil With Seadrill Drillship

U.S. oil and gas major ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin...
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Singapore Extends Withholding Tax Exemptions On Maritime Leases

Singapore has extended withholding tax exemption on lease agreements under the country’s incentives for the maritime sector. Five-year extensions were...
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S&P Sets New Record In 2021 As Prices Climb

Secondhand ship sales set a new record in 2021, according to data from Clarkson Research, with 2,507 assets changing hands...
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English Law Charterparty Issues Relating To Potential Hostilities Between The Ukraine And Russia

As is known, armed conflict is possible between Ukraine and Russia. Events are fast moving, and it is of course...
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Containership Queues Grow At Asian Ports

Port congestion is growing in Asia with an increase in the average numbers of containerships per day waiting to berth...
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ADNOC Dishes Out Drilling Deals Worth Nearly $2 Billion For Thousands Of New Wells

UAE’s Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements to four oilfield services providers valued at $1.94 billion...
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Small Vessel Passes Halfway Mark In Attempt For Record World Voyage

Eleven weeks into the voyage, an intrepid crew of four and their captain report that they have passed the halfway...
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GTT: 2021 Full-Year Results: Solid Earnings At High-End Of Annual Targets; Excellent Commercial Performance; GTT Has A Record Order Book That Will Support Growth In The Years Ahead

GTT (Gaztransport & Technigaz), the technological expert in membrane containment systems used to transport and store liquefied gases, today announces...
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