News Flash

Chinese Shipbuilders To See Surge In Orders This Year

China’s shipbuilding sector will enter a high-growth period this year, driven by soaring demand of global maritime trade and many...
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Chinese Ports Choke Over ‘Zero Tolerance’ COVID-19 Policy

Several Chinese ports are facing congestion as vessels due to call at Ningbo are being diverted and cargo processing is...
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Diversifying Supply Sets Up Panama As Key Regional Hub For High Sulfur Bunkers

The high sulfur bunker fuel in Panama has seen very competitive pricing recently as the supply of the fuel to...
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Danaos Inks Charter Deals For 10 Vessels

As disclosed, the agreement includes one 8,500 TEU vessel, three 3,400 TEU vessels and six 2,200 vessels. The charter period...
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Brazil Federal Government Signs Concession Contracts For Five Port Terminals

The participation of the private sector guaranteed an investment of approximately $116.5m  for the duration of the contracts. Of the...
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Ashcroft Terminal Signs Investment Deal With Canadian Tire

PSA International Pte Ltd (PSA) will continue as the operator and retain a majority interest of 60%, with the remaining...
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Container Shipping Woes Unlikely To Ease Before Mid-2022 As Global Trade Enters Peak Season

Shipping container rates are continuing to skyrocket, and as ocean trade approaches its peak season, some market participants think the...
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Experts Urge Port Areas To Be Wary Of Heat-Resistant Delta Variant After Xinjiang Reports Silent Carriers

Ports and airports are urged to be highly vigilant in anti-epidemic work as they were identified as the sources of...
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Hapag-Lloyd Expects No Easing Of Container Market Before 2022

Hapag-Lloyd does not expect the situation in the container market to ease before the first quarter of 2022. Supply chain...
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Chinese Major Container Port Volumes Hit By Typhoon In Late July

Container volume at eight major Chinese ports declined 11.2% in late July, as several ports temporarily shut down operations due...
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Concordia Maritime Approves Chartering Agreement With Stena Bulk

At Concordia Maritime AB’s Extraordinary General Meeting on 12 August 2021, it was resolved in accordance with the proposal of...
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Sierra Leone To Implement IMO 2020 Penalties For Non-Compliant Fuel

From 1 September 2021, ship owners and operators calling at ports in Sierra Leone risk penalties of up to USD...
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Bestway To Set Up Intelligent Marine Equipment Company

Bestway Marine & Energy Technology announced the plan to establish new company for the development of intelligent marine equipment. The...
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Work Onboard Carnival Corporation & Plc: Register Now For Marine Virtual Career Fair

Carnival Corporation & Plc is looking for talented and experienced staff for their cruise vessel. Hiring Deck and Engine Ranks...
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Rauma Marine Launches Tallink’s LNG-Fueled Shuttle Ferry

Finnish shipbuilding company Rauma Marine Constructions launches MyStar, an eco-friendly LNG-powered shuttle ferry owned by Estonian shipping company Tallink Grupp....
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Hapag-Lloyd Achieves Very Good Result In First Half Year Of 2021

Hapag-Lloyd published its figures for the first half year of 2021 today. It concluded with an EBITDA of USD 4.2...
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Port Of Corpus Christi To Set Up Blue Hydrogen Production Facility

The Port of Corpus Christi Authority and Howard Midstream Energy Partners, LLC (Howard/HEP) have signed a Memorandum of Understanding (MoU)...
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Oldendorff Carriers Invests In Navigation Technology

German dry bulk owner and operator Oldendorff Carriers has taken a minority stake in Finland-based navigation technology start-up Groke Technologies....
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TTA Reported Strong Net Profits Of Baht 530.3 Million For The Second Quarter Of 2021 As Dry Bulk Market Is Rising

Thoresen Thai Agencies Public Company Limited or TTA announced its financial results for the second quarter ended June 30, 2021....
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Keppel Hands Over Russia’s First LNG Bunkering Vessel

Singapore’s conglomerate Keppel Offshore & Marine (Keppel O&M) has delivered Russia’s first liquefied natural gas (LNG) bunkering vessel to Shturman...
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