News Flash

Maersk Supply Orders Hybrid Battery For AHTS In Push To Decarbonise Fleet

Danish offshore vessel provider Maersk Supply Service has ordered a battery pack for one of its M-class vessels as part...
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Baltic Index Falls On Lower Capesize Rates

The Baltic exchange’s main sea freight index fell on Thursday largely due to a fall in rates for the capesize...
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Tankers: Covid Cloud Continues To Dampen The Dirty Tanker Market, Whilst Glimmers Of Recovery Surface For Clean Tankers

Using VesselsValue Trade, we will assess the current status of the Tanker market, using historical and current AIS derived supply...
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Tanker Newbuilding Orders On Pace For Doubling During 2021

Ship owners’ appetite for crude tankers has intensified since the start of 2021, manifesting itself in an increased newbuilding contracting...
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IMO Paving The Way For Autonomous Vessel Regulation

The International Maritime Organisation (IMO) completed a regulatory scoping exercise to assess future regulation of Maritime Autonomous Surface Ships (MASS)....
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CHEC To Build $600m Peruvian Chancay Port For Cosco Shipping

Cosco Shipping Ports Chancay Peru has signed a contract with the Chinese consortium CHEC SAC-CCCC4TH for the construction of the...
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Dutch Court Orders Shell To Curb Emissions In ‘Historic Ruling’

A Dutch court has ordered oil major Shell to deepen its carbon emissions cuts in a ruling described as the...
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Kawasaki Heavy Builds World’s First Tanker For Liquid Hydrogen

Kawasaki Heavy Industries Ltd., a pioneer in transporting liquified natural gas (LNG), has now developed the world’s first tanker for...
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Association Of Average Adjusters Champions Highest Professional Standards Amid Challenges Of An “Extraordinary Year”

At the Association of Average Adjusters recent virtual annual general meeting, the over-riding message from chairman Michiel Starmans was that...
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Wärtsilä Selected To Supply World’s Largest BioLNG Production Plant

The technology group Wärtsilä will supply a biogas liquefaction plant to Norway-based Biokraft, a subsidiary of the Scandinavian Biogas Group...
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Sri Lanka Passes Controversial Port City Bill

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

Vitol today announces the launch of a global bunkering service, Vitol Bunkers. Vitol Bunkers will offer ship and fleet owners...
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Abu Dhabi Ports Announces Green Ammonia Production Project

Khalifa Industrial Zone Abu Dhabi (KIZAD) announced the formation of a green ammonia production facility in the zone by Helios...
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The Bahamas Welcomes The Registry’s First LNG Powered Passenger Ship

The Bahamas Maritime Authority (BMA) is delighted to welcome its first Liquified Natural Gas (LNG) powered passenger ship, Mardi Gras,...
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Ports Of Auckland Inks LSF Supply Deal With BP

The Ports of Auckland subsidiary Seafuels and British multinational oil and gas major BP have reached an agreement to deliver very...
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DNV Awards AiP To Keppel Offshore & Marine For Its Digital Asset Lifecycle Solution

Leading classification society DNV has awarded an Approval in Principle (AiP) to Singapore-based Keppel Offshore & Marine (Keppel O&M) for...
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Wärtsilä Lifecycle Solutions For LNG Carriers – Together We Can Achieve More

In the final tech talk of our series, Jeremy Crossman, General Manager, Sales Excellence at Wärtsilä, is joined by subject...
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Oxygen Concentrators Sent To India To Save Seafarers’ Lives

Hundreds of lives will be saved thanks to two new emergency projects being funded by the ITF Seafarers’ Trust and...
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Tianjin Port Signs 5G Technology Development Deal With China Mobile

Tianjin port, China Mobile Tianjin branch and China Mobile (Shanghai) Information and Communication Technology signed a cooperation agreement to jointly...
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DP World Changes UAE Leadership

DP World CEO and Managing Director for the UAE region, Mohammed Al Muallem, has been promoted to a new role....
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