News Flash

Belships Sells Two Oldest Supramaxes To Modernize Its Fleet

Norwegian shipping company Belships has entered into agreements for the sale of two 58,000 dwt bulk carriers. As informed, the two vessels,...
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Samsung Heavy Gets Rid Of Ex-Ocean Rig Drillship With Hopes To Sell Three More

South Korea’s shipbuilder Samsung Heavy Industries has agreed to sell a former Ocean Rig drillship to an unnamed European company...
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CULines Opens Malaysia Office

Rapidly expanding Chinese container carrier CULines has opened up office in Klang, Malaysia. CULines noted that Port Klang was a...
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The World’s First Full Scale Hydrogen Based Propulsion System Launched By Kongsberg

KONGSBERG has celebrated a world first by testing and verifying a full-scale, full-size, zero-emissions drivetrain powered by hydrogen fuel cells...
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DSME Lands Orders For 6 LNG Carriers

Daewoo Shipbuilding & Marine Engineering (DSME) has won orders for six LNG carriers worth 1.5 trillion won. The latest orders...
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Wallenius And Alfa Laval Proceed With JV To Develop Wind Propulsion

Swedish shipping company Wallenius and engineering company Alfa Laval have completed the terms of their previously announced joint venture to develop wind...
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Jurong Port Joins The Castor Initiative

Singapore’s Jurong Port has become the newest member of the Castor Initiative coalition aimed a developing zero carbon shipping with...
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Wärtsilä Scores Gig For NorthStar’s 2nd LNG Bunker Vessel

The Finnish technology group Wärtsilä has won the order to supply cargo handling system for the second LNG bunker vessel...
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Octopus Bidco AS Announces Completion Of Voluntary Offer And Contemplated Compulsory Acquisition

Reference is made to the announcement dated 8 November 2021, in which Octopus Bidco AS (the “Offeror”), a company indirectly...
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CMA CGM, Shell Wrap Up 1st BioLNG Bunkering Trial

French shipping and logistics company CMA CGM and Anglo-Dutch oil and gas company Shell have performed the first liquefied biomethane...
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K Line Announces Introduction of AI-Powered Contract Intelligence Platform

We, Kawasaki Kisen Kaisha Ltd. (“K” LINE), have decided to introduce a cloud-based AIpowered “Contract Intelligence Platform”(Evisort)provided by Evisort Inc....
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The EU Agrees: The Recycling Of Ships Is A Matter Of Global Environmental Justice

In its proposal for a new regulation on waste shipments published last week, the European Commission surprised many observers by...
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PSA Inks Agreement To Acquire BDP International From Greenbriar Equity Group

PSA International Pte Ltd (“PSA”), a leading global port group and trusted partner to cargo stakeholders, has signed an Agreement...
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EBRD Supports Eco-Friendly Expansion Of Turkish Port

The European Bank for Reconstruction and Development (EBRD) has provided an $8.5 million loan for an environmentally friendly expansion of...
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ABS Leads U.S. Government Backed Project To Accelerate Approval Of Additive Manufacturing Technologies

ABS is leading a project backed by the U.S. government to develop tools and technologies to accelerate approval of new...
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World’s 1st Methanol-Fuelled Towboat To Hit Waters In 2023

The US-based Maritime Partners has revealed that the M/V Hydrogen One, the world’s first methanol-fuelled towboat, will join its fleet...
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Bestway Inks Contract For Up To Eight Vessels With German Owner

Bestway Marine and Energy Technology has signed four plus four multi-purpose bulk vessel newbuild contract with Schiffahrtskontor tom Worden GmbH...
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Wilson Sons Sets Record For Ship-To-Ship LNG Operations

During the last 10 months, Wilson Sons has registered a record of LNG ship-to-ship operations (STS). Wilson Sons towage unit...
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First Berths At Singapore’s Tuas Port To Be Operational By Year End

Singapore has completed reclamation works for the first phase it’s new mega-container port – Tuas Port with the first two...
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CMA CGM Implements Incentive Program To Ease Congestion At The Ports Of Los Angeles And Long Beach

The CMA CGM Group, a world leader in shipping and logistics, will implement an Early Container Pickup Incentive Program at...
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