News Flash
BHP In Talks With Three Firms For LNG Bunker Supply Contract
BHP Group is in talks with three companies for the supply of liquefied natural gas (LNG) to fuel five ships...
Read More
ITF Repeats Warning On Covid Corner-Cutting Dangers
Organizations are again taking the opportunity to renew the focus on the challenges and dangers of delaying crew changes as...
Read More
Historic Sailing Ship Arrives In Hamburg, Germany
One of the most historic cargo ships in the world, the four-masted bark Peking recently returned to Hamburg, Germany after an extensive...
Read More
How The Top Container Lines Manage Capacity And Profitability
Up till the beginning of 2020, most shipping lines were absorbing losses on their books despite doing their best to...
Read More
Cargo Throughput At China’s Major Ports Continues To Recover
Cargo throughput at China’s major ports has continued to recover as economic activities have normalized amid effective epidemic control measures,...
Read More
Saudi Aramco Accepts October-Loading Term LPG with Some Cuts: Traders
Saudi Aramco has announced acceptances of October term LPG cargoes with some cancellations or cuts in cargo loadings, traders. Around...
Read More
Govt Issues SOP For Purchase/Chartering Of Tugs By Major Port Trusts To Boost ‘Make In India’
The Shipping Ministry will blacklist Indian tugboat owners from participating in vessel hiring tenders floated by major port trusts if...
Read More
Abu Dhabi Ports’ Smart Container Initiative Launched To Cut Emissions By Half
As part of its ongoing digital transformation drive, Abu Dhabi Ports has launched the Smart Container Initiative that will house...
Read More
The Rise In Bunker Prices Has Come To A Halt & The Question Now Is ‘What Happens Next?
Looking at oil fundamentals at the moment, there are far fewer concerns about oil supply, with the OPEC+ countries producing...
Read More
Tanker Market On The Back Foot In August
The tanker market faced downward pressure during the month of August. According to the latest monthly report from OPEC, “dirty...
Read More
Lng-fueled Tankers To More Than Double By 2030 – Petronas Exec
The number of ships fueled by liquefied natural gas (LNG) is expected to more than double by 2030, driven by...
Read More
Red-hot Ocean Rates Could Spark Government Intervention
In tanker and dry bulk shipping, the rate is the rate. It’s whatever the market says it is. It can...
Read More
Us Shipping Regulator Issues Warning After Container Rates Hit Record Highs
The US Federal Maritime Commission is reviewing the container shipping market for possible non-competitive practices after container rates to the...
Read More
Sri Lanka To Charge New Diamond Captain, Seek $1.9m In Damages
The captain of the fire-stricken very large crude carrier New Diamond is facing negligence and pollution charges in Sri Lanka....
Read More
Crew Changes At India’s Vizhinjam Port Stalled By Local Agent
Crew changes on ships at Vizhinjam port, on the southernmost tip of the Indian peninsula, have been stalled by the...
Read More
Sapura Energy Secures $203m Worth Of New Contracts
Malaysian offshore service provider Sapura Energy has secured a series of new contracts worth a total of MYR840m ($203m). In...
Read More
Australia Bans Taiwanese Bulker For Underpaying Crew
The Australian Maritime Safety Authority (AMSA) has banned the 2008-built 28,300 dwt handy bulk carrier AC Sesoda for deliberately underpaying...
Read More
Parliament Says Shipping Industry Must Contribute To Climate Neutrality
To decarbonize maritime transport, Parliament voted to include CO2 emissions from the sector in the EU Emissions Trading System. On...
Read More
Norwegians Building Ocean Infinity Armada
Marine robotics company Ocean Infinity has selected Norwegian firm Grovfjord Mek. Verksted (GMV) to build its ultra-low emission Armada fleet...
Read More
COVID-19 Is Negatively Impacting The Offshore Energy Insurance Sector, But Market Is Beginning To Harden, Says Iumi
At session of the IUMI (International Union of Marine Insurance) annual conference, delegates heard that the offshore energy sector was...
Read More