News Flash

World Shipping Council: European Parliament Proposed Amendments To EU ETS Put Green Deal Goals At Risk

The European Parliament’s lead MEP on the EU ETS proposes amendments to the ETS for maritime that put the impact...
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MTM To Expand Biofuel Use After Successful Trial

Singapore-headquartered MTM Ship Management is to expand its use of biofuels following a successful trial. A trial voyage using biofuels...
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BSEE Issues Safety Recommendations Following Fatal Offshore Accidents

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has recommended added safety measures following the release of panel investigation...
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Intra-Asia Rates Add To Manufacturing Cost Inflation

Higher spot container freight costs for intermediate goods in Asia are adding to inflating costs for goods manufacturers. Supply chain...
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Damen Shipyards Opens Service Hub In Panama City

Damen Shipyards Group has added a new Service Hub in the Americas. With two already up and running in Canada...
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‘Container Dwell Fee’ On Hold Through Jan. 28: Ports Of Long Beach, Los Angeles Continue To Monitor Cargo Flow

The Port of Long Beach and the Port of Los Angeles will delay consideration of the “container dwell fee” for...
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Höegh Signs Contract With China Merchants Heavy Industry To Build A Series Of Its Zero Carbon Ready Aurora Class Vessels

Höegh Autoliners is pleased to announce that it has entered into a contract with China Merchants Heavy Industry (Jiangsu) Co.,...
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Major Step Forward For Standardization Of Ship-Shore Data Exchange – The Next Step In Port Call Optimization

On Wednesday this week, the International Taskforce Port Call Optimization got to work on establishing common definitions following the milestone...
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Top Ships Inc. Announces Delivery Of 1st VLCC, Sale Of 2 Product Tankers And Fully-Funded Status Of Current Newbuilding Program With New Sources Of Capital

TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today the...
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GE Haggles With Shipyard Over Unpaid US Navy Supercarrier Bill

Four years after the U.S. Navy’s costliest warship was hobbled by a flaw in its propulsion system, prime contractor Huntington...
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Oilfield Services Players Close The Year On A Positive Note

Two giant, rival oilfield services players – Baker Hughes & Schlumberger – closed the year 2021 on a positive note,...
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NGOs Welcome Initial Steps But Demand Greater Urgency On Reducing Underwater Noise Pollution And Its Effect On Marine Life

As a meeting of the International Maritime Organization’s Sub-Committee on Ship Design and Construction (SDC 8) closed today in London,...
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New Wave Energy Legislation On The Horizon For New Jersey

New Jersey Assemblyman Robert J. Karabinchak has unveiled plans to introduce a new legislation initiative that would include wave energy...
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CMA CGM And TotalEnergies Launch Port Of Marseille Fos’ First Ship-To-Containership LNG Bunkering Operation

CMA CGM, a world leader in shipping and logistics, and TotalEnergies have launched Marseilles’ inaugural ship-to-containership Liquefied Natural Gas (LNG)...
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Upstream M&A Deals Hit Three-Year High In 2021

Global upstream merger and acquisition (M&A) deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 billion, which...
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New Zealand Navy Ship Arrives In Tonga Carrying Fresh Water

 Life-saving water supplies from a New Zealand navy ship were distributed across Tonga’s main island on Friday, as other countries battled the...
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HHI, KSOE Get Cyber Security AIP From BV

French classification society Bureau Veritas (BV) has granted an approval in principle (AiP) for BV’s ‘Cyber Managed Prepared’ notation to...
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World’s First Hydrogen Tanker To Ship Test Cargo To Japan From Australia

Friday’s arrival of the world’s first liquefied hydrogen carrier, the Suiso Frontier, in Victoria marks the success of the Hydrogen...
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SIPG And MSC In Empty Container Centre Joint Venture

China’s busiest port operator SIPG and the world’s largest container line MSC have inked a joint venture agreement to develop...
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Challenging Wakashio Wreck Removal Complete

Lian Yuangang Dali has completed its four-month operation to remove the wreck of Wakashio off Mauritius. Offshore operations finished on...
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