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New BIMCO Clause Aims To Curb AIS Abuse

BIMCO is working on a charter party clause to help tackle potential abuse by sanctions busters of the Automatic Identification...
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Port of Antwerp, The Gateway Between Western Europe And The Great Lakes St. Lawrence Region

Port of Antwerp has several Memorandum’s of Understanding with foreign partners. One of these partners is the Great Lakes St...
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Corvus Plans Large-scale Production Of Maritime Fuel Cell Systems With Toyota

Energy storage firm Corvus Energy is planning to start the development and production of large-scale maritime hydrogen fuel cell systems...
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Hyundai Heavy IPO Plan Faces Feasibility Doubts

The feasibility of the scheduled Initial Public Offering (IPO) of Hyundai Heavy Industries is facing doubts as the plan may...
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InceMaritime Makes Debut With Integrated Cyber Security Service

UK-based international law firm Ince has launched an integrated cyber security solution in conjunction with Mission Secure, one of the...
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Geollect Wins ADMIRALTY Maritime Insurance Innovation Challenge

The UK Hydrographic Office (UKHO) has announced leading geospatial intelligence technology provider Geollect as the winner of the second ADMIRALTY...
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Furuno Launches The First IMO-compliant X-band and S-band Radar Package

FURUNO ELECTRIC CO., LTD. (headquartered in Nishinomiya, Japan) presents, for the first time, a complete Magnetron-free Radar/Chart Radar Solution in...
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KDB Moving To Sell Off HMM To POSCO

Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine) to POSCO. KDB, the...
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MOL Announces Restructuring Measures

Mitsui O.S.K. Lines, Ltd. yesterday announced that it will restructure the organization effective April 1, 2021, as follows: 1. Establishment of...
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Shipping Industry Seeks Govt. Help To Deal With Piracy In Gulf of Guinea

Cargo from the oil-rich region plays a crucial role in ensuring India’s energy security The Indian National Shipowners’ Association (INSA),...
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Avenir LNG Limited Announces The Launch Of The Avenir Allegiance

Avenir LNG Limited announces the launch of the Avenir Allegiance; the world’s largest dual-purpose, LNG supply and bunkering vessel from...
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Australian Coal Trade Up Despite Chinese Woes

The value of Australia’s coal exports increased by 26% in the month of December, compared with November, despite the ongoing...
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Maersk Tankers Sells Its First Wind-Assisted Vessel

Maersk Tankers, which spearheads Maersk's liquid bulk business, recently announced a decision to sell Maersk Pelican. Pelican was the first product tanker in the...
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IMO Says Transition To LSFO Went Extremely Smooth With Only 55 FONAR Reports

The transition to low sulphur in fuel oil in 2020 saw only 55 cases of 0.50% compliant fuel being unavailable,...
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Grimaldi Welcomes 3rd Hybrid RO-RO Vessel Into The Fleet

Eco Livorno, the third of twelve hybrid vessels of the Grimaldi Green 5th Generation (GG5G) class, has been delivered to the Grimaldi Group...
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US Shipbuilders Show Support For Biden Following ‘Buy American’ Executive Order

US shipbuilders and the offshore sector have added their support to new US President Biden this as an Executive Order...
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MOL Sends Its First LNG Carrier To The Breakers

Japanese shipowner Mitsui OSK Lines (MOL) has bid farewell to the first and oldest LNG carrier in its fleet –...
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Italy & France Pull The Plug On Fincantieri’s Takeover Of Chantiers De l’Atlantique

The planned mega-merger between Italian shipbuilding major Fincantieri with its French counterpart Chantiers de l’Atlantique has fallen through. The decision...
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Wartsila’s Marine New Orders Decline 23% In 2020

The impact of the Covid-19 pandemic and a slump in shipbuilding contracting resulted in Wartsila’s marine businesses seeing a 23%...
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Alfa Laval Joins Mærsk Mc-Kinney Møller Center For Zero Carbon Shipping

Alfa Laval has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to work on the development of low-...
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