News Flash
World’s 1st Ship Tunnel Gets Green Light For Construction Start
Norway’s Stad Ship Tunnel project, also known as the world’s first full-scale ship tunnel, has received a green light to kick off the...
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Port Of NY And NJ Secures Funding For Electrification Initiatives
The Port Authority of New York and New Jersey, several port tenants, and other agencies and organizations across the state...
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Maersk, Keppel, And Fleet Part Of Study To Explore Green Ammonia Bunkering In Singapore
AP Moller – Maersk, Keppel Offshore & Marine, Fleet Management, Sumitomo Corp, Yara International, and Maersk Mc-Kinney Moller Center for...
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MSC Carries A Record 1.9m Reefer Containers In 2020
With the shipment of more than 1.9m reefer containers in 2020, the Mediterranean Shipping Company (MSC) surpassed its previous 2019...
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Chinese-Flagged Fishing Vessel Causes Minor Spill Off Mauritius
A Chinese-flagged fishing vessel has run aground off the coast of Mauritius causing a minor spill, Reuters reported citing the...
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Korean Shipbuilders Reveal New Round Of Boxship Orders
Although many shipyards around the globe have been facing order stagnation caused by COVID-19 crisis, the situation seems to be...
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Houthis Attack Key Saudi Aramco Oil Port
A drone and ballistic missile attack targeted Saudi oil port Ras Tanura on 7 March as part of a wider...
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Yangzijiang Shipbuilding Secures $3bn In Newbuildings Year-To-Date
Private Chinese shipbuilder, Yangzijiang Shipbuilding, says that it has inked 60 eshipbuilding contracts year-to-date with a combined value of $3.04bn....
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EMAC Appoints Emarat Maritime MD To Its Executive Committee
The Emirates Maritime Arbitration Centre (EMAC) has appointed Captain Jitendra Misra to its executive committee. Capt Jitendra is Managing Director...
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MOL Enhances AR Navigation System To Support Safe Navigation
Two years after it introduced a navigation system using augmented reality (AR) technology to enhance navigational awareness, Japan’s Mitsui O.S.K....
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Celebrating Women In Maritime On International Women’s Day
On International Women's Day, the global maritime industry paid tribute to the female seafarers and professionals who help world trade....
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Greek Seafarer Strike Has Little International Impact
A 72-hour strike by Greek seafarers February 23-25, had limited impact of ships outside the country but caused considerable disruption...
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Hyundai Heavy Industries To Transfer LNG Ship Technology To Small Shipbuilders
Hyundai Heavy Industries Group will transfer its LNG ship building technology to the medium-sized shipbuilders to facilitate its merger with...
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GreenVoyage2050: States Accelerate Action To Decarbonize Shipping
Eleven States from across the globe are partnering in the International Maritime Organization (IMO)-Norway GreenVoyage2050 Project, which is supporting the...
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Brazilian Soy Exports In March Should Reach 15 Million Tons: 250 Ships Waiting To Load
Brazilian soy shipments this month should reach 15 million tons, which could establish a new record for a month, according...
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Damen Sets Up Ship Financing Division
Dutch shipbuilder Damen Shipyards Group revealed plans to launch a specialised financial services division, starting from 1 April 2021. As...
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Shenzhen Gas Orders LNG Carrier At Hudong-Zhonghua Shipbuilding
Shenzhen Gas has ordered an LNG carrier at CSSC Hudong-Zhonghua Shipbuilding as it expands its business in the sector. Shenzhen...
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Keel Laid For Green Jade
CDWE, a joint venture between CSBC and DEME Offshore, held an official keel-laying ceremony for the Green Jade installation vessel at CSBC’s shipyard...
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Container Shipping Could Save $4bn A Year From 50% Take-up Of E-Bills Of Lading
A 50% adoption of usage of electronic Bills of Ladings by shippers in the next 10 years could save the...
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Handysize 38kt Time Charter Average FFA Is ‘Perfect Timing’
Forward freight agreement (FFA) trades for a basket of 38,000-dwt handysize time charter rates will help operators take longer-term cover...
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