News Flash

The captured CO2 will be transported by vessels for storage (CCS) and reuse (CCU) and thereby enabling large-scale emission reductions....

In the global business ecosystem, the shipping industry has invariably faced the interconnection between geopolitical events, risks, and opportunities. To...

China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping...

The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its...

Last week, Belgium-based DEME held naming ceremony for most powerful cutter suction dredger in the world – Spartacus. Despite the...

Chinese shipping group COSCO hopes to reach a deal with the Greek government to complete the purchase of an extra...

Ocean Network Express (ONE) has declared General Average for cargo onboard the containership Delphinus which suffered an engine fire on...

Australia has banned the bulker Maryam from its waters for an unprecedented 36 months with conditions onboard described as “absolutely...

Oil major BP, oilfield services provider Baker Hughes, and offshore driller Odfjell Drilling have entered into a tripartite agreement to...

Danish offshore vessel provider Maersk Supply Service has ordered a battery pack for one of its M-class vessels as part...

The Baltic exchange’s main sea freight index fell on Thursday largely due to a fall in rates for the capesize...

Using VesselsValue Trade, we will assess the current status of the Tanker market, using historical and current AIS derived supply...

Ship owners’ appetite for crude tankers has intensified since the start of 2021, manifesting itself in an increased newbuilding contracting...

The International Maritime Organisation (IMO) completed a regulatory scoping exercise to assess future regulation of Maritime Autonomous Surface Ships (MASS)....

Cosco Shipping Ports Chancay Peru has signed a contract with the Chinese consortium CHEC SAC-CCCC4TH for the construction of the...

A Dutch court has ordered oil major Shell to deepen its carbon emissions cuts in a ruling described as the...

Kawasaki Heavy Industries Ltd., a pioneer in transporting liquified natural gas (LNG), has now developed the world’s first tanker for...

At the Association of Average Adjusters recent virtual annual general meeting, the over-riding message from chairman Michiel Starmans was that...

The technology group Wärtsilä will supply a biogas liquefaction plant to Norway-based Biokraft, a subsidiary of the Scandinavian Biogas Group...

Sri Lanka's parliament has passed the controversial Port City Bill, creating the country's first Special Economic Zone despite complaints around...