News Flash

Yangzijiang Splashes Out $513m For Shipbuilding, Equipment Expansion In Jiangsu

Chinese private shipbuilder, Yangzijiang Shipbuilding, is to invest CNY3.3bn($513m) in Jiangyin-Jingjiang industrial park in Jiangsu province, China, to further develop...
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ONE Orders 27,500 Reefer Containers

Ocean Network Express (ONE) has ordered 27,500 new reefer containers in response to growing global demand. The order for 27,500...
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CCS Maintains Leading Bulker Fleet Position In 2020

The world’s fastest growing classification society, China Classification Society’s (CCS) bulk carrier fleet has grown by 13% in gross tonnage...
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UN Launches Tool For Global Brands To Protect Seafarer Human Rights

A collation of United Nations organizations joining with international labor leaders and members of the shipping community launched a new...
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Egyptian Court Rejects Appeal For Ever Given’s Release

A court in Egypt has rejected the appeal made by Shoei Kisen Kaisha, the owner of Ever Given, for the release...
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CMA CGM Jacques Saadé 1st Megamax To Pass Elbe’s Improved Draft

CMA CGM Jacques Saadé, an LNG-powered Megamax container ship owned by French shipping major CMA CGM, has officially got its...
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Charities And Shipping Industry Target $1M Emergency Fund For India

While the plight of seafarers during the pandemic, the challenges of crew changes, and COVID-related quarantines have fallen from the...
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Maersk Reports Record Profit Amid High Freight Rates

Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record...
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Panama Maritime Authority Issues 123,000 Electronic Certs Since Going Online

With the shift to issuing of seafarers’ certificates and documentation in electronic format, the Panama Maritime Authority (AMP) has issued...
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Port Of Esbjerg, Atos Launch Decarbonization Project For A Carbon-Neutral Harbour

The Port of Esbjerg, Denmark’s largest port on the North Sea, and France-based information technology company Atos have unveiled a...
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Force Majeure In Mozambique Upends LNG Fundamentals

The decision by energy major, Total, to declare force majeure on its LNG project in Mozambique will radically change the...
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Indian Navy Sends Seven Warships To Import Oxygen For COVID Relief

Amidst India's second wave of COVID outbreak showing no signs of slowing down, the Indian Navy has launched "Operation Samudra...
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EPS In Charter Deal With Rio Tinto For LNG-Powered Bulkers

Eastern Pacific Shipping (EPS) is ordering up to six LNG-fuelled Newcastlemax bulkers for charter to mining company Rio Tinto. The...
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Port Of Corpus Christi And Stabilis Solutions In LNG Fuel Infrastructure Agreement

The Port of Corpus Christi Authority and Stabilis Solutions Inc have signed a Memorandum of Understanding (MoU) to facilitate the...
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Columbia Ship Management And Seatrans In Joint Venture

Norwegian shipowner Seatrans is the latest to go down the joint venture route for ship management forming a new company...
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ZIM To Ship Oxygen To India For Token Sum

In response to the ongoing Covid-19 crisis in India ZIM says it will carry containers with medical grade oxygen to...
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Sembcorp Marine Hit By Labour Shortage Due To Covid Border Controls

Singapore shipyard group Sembcorp Marine (Sembmarine) has been hit by a labour shortage as a result of border controls to...
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Marlink Group Closes The Transaction On ITC Global

On Friday April 30, Marlink Group, the leading provider of smart network solutions, closed the transaction of acquiring ITC Global,...
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BIMCO: Scrubbers Contribute To Increase In HSFO Sales In 2021

A year after the start of the IMO’s 2020 sulfur cap, the price spread among the different types of fuel...
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Titan Plans First Dual-Fuel Bio-LNG Bunkering Vessel

As efforts continue to build out the LNG-bunkering fleet to meet the demand for the alternative fuel, Dutch fuel supplier...
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