News Flash

Maersk Acquiring Senator International In Air Freight Push

AP Moller-Maersk is acquiring German forwarder Senator International as the shipping line boosts its air freight footprint on the back...
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MoU between ThPA S.A. The International Hellenic University And The German Hellenic Chamber Of Industry And Commerce

ThPA S.A., the International Hellenic University and the Hellenic German Chamber of Industry and Commerce signed a Memorandum of Understanding...
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Cosco Shipping Appoints Wan Min As New Chairman

Cosco Shipping, named Wan Min as the new chairman and communist party secretary of the group, succeeding former chairman Xu...
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Employing AIS Data To Speed Digital Transformation

While the shipping industry continues to make progress on its digital transformation, the quality of data is critical to unlocking...
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MOL And Vale To Study Rotor Sails For Large Bulkers

Mining giant Vale International and Japan’s Mitsui O.S.K. Lines are teaming up for a new joint study on the use...
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DHT Brings Forward Scrubber And Ballast Water Retrofits

VLCC owner DHT Holdings is bringing forward scrubber and ballast water treatment system retrofits in Q4 as the weak tanker...
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Yangzijiang Secures $7.41 Billion In Orders To Date For 2021

Yangzijiang Shipbuilding reported total revenues of CNY4.47bn ($698m) for 3Q 2021, an increase of 25% year on year. To date, Yangzijiang...
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MOL Concludes A Transition Linked Loan To Finance For TotalEnergies-Chartered LNG Bunkering Vessel, “Gas Vitality”

Mitsui O.S.K. Lines, Ltd. yesterday announced the conclusion of a Transition linked loan, relying on a transition finance framework and...
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Indian Register Of Shipping (IRClass) Makes Organisational Changes To Aid Growth Strategy

Indian Register of Shipping (IRClass) has announced changes to key organisational roles as the international ship classification society plans for...
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Concept For First Fully Electric Hydrofoil Ferry

A California-based start-up released its design concepts for the first fully electric hydrofoil ferry. Using the revolutionary design, the company...
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Nordic American Tankers Ltd Benefits From Suezmax Rates Rebound

Tanker markets have been down in 2021. This was also the case for the third quarter. There are now improved...
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IMO At COP 26 – Updates On Work To Cut GHG Emissions From Shipping

IMO has reported on its latest progress and achievements in addressing GHG emissions from international shipping at the United Nations...
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SAAM Towage Signs Agreement With Caterpillar Marine

Chile-based SAAM Towage and Caterpillar Marine have signed a global services agreement to use digital solutions for planned and preventative...
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Dutch Search Of Bulker Trudy Finds Additional 529 Kilos Of Cocaine

Dutch authorities reported finding additional narcotics hidden aboard a Liberian registered bulk carrier that had been at the center of...
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Royal Caribbean Unveils Destination Net Zero Strategy

American cruise holding company Royal Caribbean Group has announced a giant step on its sustainability journey — Destination Net Zero,...
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Autonomous Boats For Passengers And Logistics On Amsterdam’s Canals

A research project led by the Massachusetts Institute of Technology and Amsterdam Institute for Advanced Metropolitan Solutions has successfully developed...
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MOL finalizes $145 million deal to acquire Waterfront’s stake

Canadian methanol producer and supplier Methanex Corporation and Japanese shipping firm Mitsui O.S.K. Lines (MOL) have concluded definitive agreements for...
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Klaveness Academy Launches Next Stage Of Decarbonization Competence Program

Decarbonization is a question of technology options, and a question of priorities and regulatory frameworks. At Klaveness, we believe that...
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Oldendorff Carriers Orders Up To 12 Eco-Friendly Kamsarmaxes In China

Germany-based dry bulk carrier owner and operator Oldendorff Carriers has signed a contract for two batches of newbuilding contracts for...
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France Threatens To Ban UK Fishing Vessels Over License Dispute

France and the UK are headed into a deepening trade dispute over fishing rights in the English Channel, with French officials...
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