News Flash

France Seizes Ton Of Cocaine And Detains Crew Of Bulker

French authorities are reporting a record seizure of more than a ton of cocaine worth tens of millions of dollars...
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Ports Of Stockholm Gets Building Permit For Onshore Power Connections

The Ports of Stockholm has been granted building permits to equip Stockholm’s central quays with onshore power connections for cruise ships....
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Indian Coal ‘Crisis’ Is Latest Dry Bulk Disruptor

A surge in Indian energy demand and a drawdown of domestic coal stocks over recent months is the latest feature...
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Winson Group Denies Its Involvement In Illicit Oil Trade With North Korea

The Winson Group (“Winson”) has today obtained a copy of the UN Panel of Experts’ Midterm Report dated 8 September...
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Seaspan Announces Delivery Of First Of Five 12,200 TEU Newbuild Containerships, First Of Seventy Newbuilds Announced

Seaspan Corporation (“Seaspan”), a wholly owned subsidiary of Atlas Corp. (“Atlas”) (NYSE: ATCO), today announced that it has accepted delivery...
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Keppel Autonomous Tug In ABS First Remote Control Navigation Notation

An autonomous harbour tug developed by Keppel Offshore & Marine (Keppel O&M) is the first in the world to receive...
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ICS Sets Out Plan To Deliver Net Zero Shipping By 2050

The International Chamber of Shipping (ICS) is backing the target of net zero emissions from the industry by 2050, setting...
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DSME’s Shipboard Cybersecurity System Wins ABS Approval

South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) plans to help shipowners tighten their cybersecurity preparedness after securing certification...
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Qatar Petroleum Commences LNG Ship Orders For The North Field Expansion Projects

Qatar Petroleum announced today that it has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group Co. Ltd. (Hudong), a...
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Eagle Bulk Shipping Inc. Announces Dividend Policy, Share Repurchase Program And A USD 400 million Refinancing

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, announced today that...
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Australia Bans Singapore-Flagged Bulker For Underpaying Seafarers

The Australian Maritime Safety Authority (AMSA) has banned the Singapore-flagged bulk carrier Western Callao from Australian ports for six months...
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Government Approval For Cosco To Raise Stake In Piraeus Port To 67%

The Greek parliament has approved an amended deal with Cosco Shipping Group allowing the Chinese group to raise its stake...
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Overseas Shipholding Group – Announces The Closing Of A $325 Million Loan To Refinance Debt – Loan Increases Liquidity And Financial Flexibility

Overseas Shipholding Group, Inc. a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag...
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CMA CGM To Launch Greece-Egypt-Turkey Service

CMA CGM has announced the launch of a shortsea weekly service to connect Northern Greece with Egypt and Southern Turkey....
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IMO And Saudi Arabia Sign Partnership Deals As Part Of Net-Zero Drive

The International Maritime Organisation (IMO) has signed three partnership agreements with the Kingdom of Saudi Arabia to support the preparation...
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Stonepeak To Acquire Teekay LNG In A $6.2 Billion Transaction

Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) and Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets,...
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Poseidon Med II Demonstrates That Shifting To LNG Is Bringing Benefits To The Port Of Igoumenitsa

Within the context of the 2nd Scientific Conference on Port Management, Organization and Development (PDMO 2021), the European Programme Poseidon...
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Yantian Port Reveals Expansion Plans

The port of Yantian is planning to build three new berths capable of handling mega-containerships. The terminal project at the...
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Safe Bulkers, Inc. Enters Into First Sustainability-Linked Credit Facility Of $60 Million To Refinance Existing Loan Facilities

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced that the Company has entered into a new...
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Adani Investing $700M In New Colombo Container Terminal

Adani Group is investing $700m in a new container terminal at the Port of Colombo, in what is said to...
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