News Flash

Borr Drilling Believes Rig Day Rates Will Increase

Offshore drilling contractor Borr Drilling has converted previous letters of awards into contracts, secured a couple of new deals, and...
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Flex LNG Expects LNG Market Rebalancing Moving Forward

Flex LNG Ltd. announced its unaudited financial results for the fourth quarter and year ended December 31, 2021. Highlights:• All...
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DP World Announces Availability Of Cargoes Flow, New Global Supply Chain Visibility Platform

DP World, the leading provider of smart supply chain solutions, today announced that CARGOES Flow— an end-to-end visibility platform for...
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Hapag-Lloyd Launching New China – Germany Service

From 1 April 2022, Hapag-Lloyd will offer the new China Germany Express (CGX) service as a two-port loop product. The...
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Congo Terminal Completes Yard Extension, Boosts Capacity

Bolloré Ports Congo Terminal has completed the $5m extension works of the yard of dock D at Port of Pointe-Noire....
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Moore Greece & SQLearn 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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NGO Says EU Policies Will Drive A Quarter Of Ships To Use LNG By 2030

Critical of the European Union’s moves to recognize liquified natural gas as a green transition fuel for shipping, the NGO Transport...
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Suez Canal Improving Navigation By Widening And Deepening Sections

Work is proceeding on schedule for an effort to improve navigation in some of the more challenging portions of the...
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Hundreds Of Barrels Of Oil Spill Into Sea Off UK

Hundreds of barrels of oil have spilt into the Irish Sea after a pipeline leak off the UK. Eni UK...
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MSC, Maersk End Transpacific Cooperation With SM Line

The 2M Alliance partners, Danish Maersk and Swiss Mediterranean Shipping Company (MSC), have ended their strategic cooperation with South Korean...
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Avin International Partners With Windward To Streamline Oil Trading Compliance And Screening Processes

Windward (LON: WNWD), the Predictive Intelligence company applying AI to transform global maritime trade, announced today that it has partnered...
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Equinor Sets Sights On Two North Sea Wildcats

Norwegian oil and gas giant Equinor has secured a drilling permit from the country’s authorities for two wildcat wells located...
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DCSA, BIMCO, FIATA, ICC And SWIFT Form Future International Trade Alliance And Sign Memorandum Of Understanding To Standardise Digitalisation Of International Trade

Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further digitalisation of container shipping technology standards, in conjunction...
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PSA Marine Peru Orders Tug Newbuilding With Schottel Propulsion

PSA Marine Peru has contracted Cheoy Lee Shipyards in Hong Kong for a tug newbuilding equipped with Schottel propulsion. The...
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FuelTrust Announces Carbon Baseline To Accurately Assess And Verify Historical GHG Performance For Vessels And Fleets

FuelTrust, the technology company dedicated to creating a trusted and sustainable fuel ecosystem for the maritime industry, today announces the...
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Amidst Tensions in Black Sea, Ukraine’s Bulk Shipping Volumes Decline

As Russia's Black Sea Fleet launches a series of massive drills, shipping volume to and from Ukraine's Black Sea ports...
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Metallurgist Sentenced To 2.5 Years For Faking Submarine Steel Tests

The former chief metallurgist for the U.S. Navy's top supplier of high-strength steel for nuclear submarines has been sentenced to...
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CU Lines Teams Up With German Logistics Service Providers

China United Lines (CU Lines) has inked cooperation agreements with Germany-based Peter Dohle Schiffahrts-KG and Hamburger Hafen und Logistick AG...
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Aker Clean Hydrogen And Kuehne+Nagel To Accelerate Green Container Shipping

Aker Clean Hydrogen, a global integrated clean hydrogen, ammonia, and methanol producer, and Kuehne+Nagel, the world’s largest sea logistics provider,...
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Cyprus Committed To Accelerating Shipping’s Low Carbon Transition

As a leading maritime nation, Cyprus is committed to accelerating the transition of shipping to a low-carbon and climate-resilient industry,...
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