News Flash

Korea Maritime & Ocean University Researchers Champion LPG As A Green Alternative Ship Fuel

Regulatory agencies monitoring the activities of ships are increasingly adopting eco-friendly measures to combat the environmental damage caused by propulsion...
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‘Black Swan Event’ Needed For Tanker Rates Revival

London-based shipbroker, Gibson, has declared that the tanker market requires a “black swan event” to revive its flagging fortunes. Noting...
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Abu Dhabi’s Drilling Contractor Only 1 Rig Shy Of 100

Abu Dhabi’s drilling contractor ADNOC Drilling is now only 1 rig shy of 100 following an introduction of two more...
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Bahri Inks Logistics Deal With Saudi Company

Bahri, the national shipping carrier of Saudi Arabia, has signed a memorandum of understanding (MoU) with compatriot mining company Ma’aden...
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NOAA Bans Mexico’s Gulf Of Mexico Fishing Fleet From U.S. Ports

NOAA has banned all Mexican fishing vessels that operate in the Gulf of Mexico from calling at U.S. ports, effective...
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Port Of Antwerp Sees A Rise In Container Ship Traffic In January

Port congestion was rising in Western Europe early Friday as the combined anchorage areas for Antwerp-Zeebrugge saw the highest container vessel count...
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U.S. Talks To Energy Firms Over EU Gas Supply In Case Of Russia-Ukraine Conflict

The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe...
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Thieves Are Breaking Into 90 Containers A Day In Los Angeles

Intermodal freight trains passing through Los Angeles' Lincoln Heights neighborhood (East LA) have been hit regularly by groups of criminals...
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Hyundai Says May Challenge EU Veto Against Daewoo Deal

Hyundai Heavy Industries’ proposed takeover of rival Daewoo Shipbuilding & Marine Engineering Co Ltd to create the world’s biggest shipbuilder...
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PSA Sets Container Volume Record In 2021

Group must continue to seize pandemic opportunities to remain relevant, says CEO. PSA announced record-breaking volumes for 2021, with the...
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Two Rival Players Get Green Light For Merger Plans

The Norwegian Competition Authority (NCA) has not raised any objections regarding the business combination proposed by the Danish offshore drilling...
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SSY’s Greek Ambitions

Simpson Spence Young (SSY) has made a major move into the Greek marketplace as part of a long-term investment strategy...
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Singapore Ranked Top Maritime City, 2nd Busiest Container Port

Singapore retains its position as the world’s second busiest container port and again ranks top in as the top maritime...
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TotalEnergies Adds Extra Suriname Well To Maersk Rig’s Backlog

TotalEnergies E&P Suriname, a subsidiary of the French energy major TotalEnergies, has decided to exercise its option for one additional...
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Cyprus Shipping Deputy Ministry Launches Innovative Online Platform For Industry Collaboration And Progress

Following the launch of SEA Change 2030, a long-term strategic vision for Cyprus shipping, the Shipping Deputy Ministry is currently...
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Korean Researchers Receive Design Approval For Hydrogen Tanks On Ships

A consortium of Korean companies and researchers is reporting that they have made significant progress in the development of the...
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Simpson Spence Young Acquires Anchor Shipbroking Inc.

Simpson Spence Young (SSY), the largest independent shipbroker in the world has today announced the acquisition of Anchor Shipbroking Inc....
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Equinor And BP Finalize Contracts With New York State For Major Offshore Wind Projects

Equinor and BP on Friday announced they have finalized the Purchase and Sale Agreements (PSAs) with New York State Energy...
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NGO Urges Canadian Authorities To Look Into Toxic Shipbreaking

NGO Shipbreaking Platform, a coalition campaigning for clean and safe ship recycling, has joined K’ómoks First Nation (KFN) and the...
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SIPG And CMA CGM Sign 10-Year LNG Bunker Agreement

Shanghai International Port Group (SIPG) has signed an agreement with CMA CGM for LNG bunkering service at Shanghai port. Starting...
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