News Flash

Icelandic Maritime Start-Up Secures Fresh Funding

Icelandic maritime start-up Hefring ehf. has successfully closed a financing round led by the New Business Venture Fund, an Icelandic...
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Indian Ports Battle On During Deadly Covid Second Wave

The response of Indian ports to the deadly second wave of the Covid-19 pandemic has been mixed between the private...
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ZPMC Wins Port Equipment Contract From PTP In Malaysia

Shanghai Zhenhua Heavy Industries (ZPMC) has entered into contract with Malaysia’s Port of Tanjung Pelepas (PTP) for seven quay cranes...
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RINA Launches Hellenic Decarbonization Committee

RINA will inaugurate the first Hellenic Decarbonization Committee (HDC) on May 6th, 2021. The initiative falls within the broader decarbonization...
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IMO’s GMN Project Extended To Help Developing Countries Curb GHG Emissions

A key International Maritime Organization project — the Global MTCC Network, or GMN, which aims to improve energy efficiency in...
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Abu Dhabi Ports Issues $1 Billion In 10-Year Bonds

Abu Dhabi Ports announced it has successfully issued $1bn of 10-year bonds, subject to settlement conditions. Due to be settled...
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Australia Bans Qatari Bulker For 18 Months Citing Appalling Conditions

The Australian Maritime Safety Authority announced an 18-month ban for a Qatari-owned bulker after releasing the vessel from a two-month...
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SFL Places Its First Sustainability-Linked Bonds

On 29 April, Bermuda-based ship owning and chartering company SFL Corporation Ltd. successfully placed $150 million in senior unsecured sustainability-linked...
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ILO Adopts Cyprus’ Proposal For Global Seafarers Vaccination Program As Formal Resolution

A resolution for a global seafarers vaccination program proposed by the Cyprus Shipping Deputy Ministry (SDM) has been officially adopted...
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Panama Canal Aims At Carbon-Neutrality By 2030

The Panama Canal has launched a process to decarbonise its operations, aiming at becoming carbon neutral by 2030. The Panama...
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Drewry And Freightender Partner To Bring All-In-One Ocean Freight Procurement E-Solution To Medium Sized Shippers

Global shipping consultancy, Drewry and Freightender are pleased to announce they have entered a value-add partnership, combining Drewry’s industry leading...
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IMO-EU Maritime Technology Cooperation Centre Network Project Extended

A solar panel retrofitting project for a ferry in the Pacific under the MTCC Pacific showed fuel savings of 32%...
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WinGD Completes TAT For 7-Cylinder Dual-Fuel Engine

Marine engine developer WinGD has completed a successful Type Approval Test (TAT) for their X82DF dual-fuel engine. X82DF is a...
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Seven Industry Partners Launch Maritime Technologies Forum

Seven flag states and classification societies have united to launch the Maritime Technologies Forum (MTF) which will seek to bridge the gap...
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Port Of Pécem Signs Memorandum Of Understanding For Implementation Of Green Hydrogen HUB

With the objective of establishing strategic partnerships for the socioeconomic, technological and environmental development of the State, the project “HUB...
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Santos Brasil Selects CyberLogitec’s OPUS Terminal System

Santos Brasil is implementing OPUS Terminal from CyberLogitec in its two largest sites at Santos and Barcarena, in north-eastern Brazil....
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Puerto Rico Ports And Jacksonville Ink MoU To Promote Trade

The Puerto Rico Ports Authority (PRPA) and JAXPORT have signed a Memorandum of Understanding (MoU) to develop affirm maritime trade...
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Panama Maritime Authority Approves Indian Register Of Shipping (IRClass) To Conduct Remote Surveys

Leading flag administration, Panama Maritime Authority has authorised Indian Register of Shipping (IRClass), an international ship classification society, to conduct...
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Abu Dhabi Ports Hires Banks For Dollar Bonds

Abu Dhabi Ports has hired banks to arrange an issuance of 10-year U.S. dollar-denominated bonds, which it will use for...
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Fujairah Bans Crew Change For Ships Arriving From India

Fujairah has banned crew change from vessels arriving from India as more countries raise barriers to travellers from the country...
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