News Flash

Synergy Group Completes FSU Conversion

The FSU, which has a projected lifespan of 15 years, was delivered to its owner last week. Synergy will manage,...
Read More

Environmentally Friendly Ballast Water Solution with Unique Advantages

Built on nearly two decades of expertise in the global water disinfection and treatment market, Atlantium’s proprietary UV-based ballast water...
Read More

BIMCO Prepares Contract Template for Autonomous Shipping Deals

Shipping association BIMCO is adapting one of its standard contracts for use with future autonomous vessels. Though no autonomous cargo...
Read More

Panama Celebrates 117 Years as a Republic and 199 Years of Independence

On the commemoration of the National Day of the Republic of Panama celebrating 117 years as a Republic and 199...
Read More

Dry Bulk Market Could Rally If Scrapping Activity Picked Up

The dry bulk market could be heading for a rally, if ship owners commit to more scrappings. In its latest...
Read More

HK Shipping Company and Power Company to Promote Carbon Offsetting

In an effort to raise awareness and promote carbon offsetting to the shipping industry, the Hong Kong shipping group Wah...
Read More

Australia Holds Cargo Ship to Complete Overdue Crew Change

Australian authorities are continuing their strict enforcement programs designed to ensure the welfare of seafarers arriving at their ports. At...
Read More

4th BIMCO Report on the IMSBC Code Amendments – Re-classification of Dangerous Goods

BIMCO started reporting from 30 September 2020, a series of articles, informing members of what to expect in the revised...
Read More

Korean Shipping Companies Benefiting from Special Government Guarantee

South Korean shipping companies are enjoying high growth thanks to the South Korean government’s proactive support. South Korean shipping companies...
Read More

First Ever Standard Contract For Autonomous Ship Operation Underway

BIMCO is adapting the currently used SHIPMAN 2009 agreement for use with autonomous ships, but the lack of actual autonomous...
Read More

European Commission Gives IHM Enforcement Guidance

“There has been substantial industry lobbying of the EU Commission for an extension to the deadline for compliance to allow...
Read More

NYK Takes Full Control of Green Zeebrugge LNG Bunkering Vessel

To remind, the joint venture was established by NYK Line, Engie and Mitsubishi Corporation as an LNG bunkering unit. The...
Read More

Nigerian National Petroleum Company Reports Blast on Storage Vessel

The Nigerian National Petroleum Corporation (NNPC) has confirmed an explosion aboard a tanker used for floating storage in the Oil...
Read More

Crew Feel ‘Forgotten and Abandoned’ LR Survey Finds

There are currently 400,000 seafarers stuck at sea, according to the International Maritime Organization (IMO), due to government’s travel restrictions...
Read More

Mitsui O.S.K. Lines Reports First Half Results

The average exchange rate of Japanese yen against the U.S. dollar during the first six months of fiscal 2020 appreciated...
Read More

Shipping Demand To Suffer After Wave of New Lockdowns

Freight rates are about to face renewed downward pressure, on the back of a new wave of lockdowns around the...
Read More

World’s Largest LNG-Powered Boxship CMA CGM Jacques Saade Arrives UK

The world’s largest containership powered by liquefied natural gas (LNG), the CMA CGM Jacques Saade is continuing her record-setting maiden voyage making her...
Read More

U.S. Completes Withdrawal From Paris Climate Accord

The United States has formally departed the Paris Climate Accord, becoming the only signatory nation to withdraw. As a non-member,...
Read More

Ship Owners Shun Away from the Demolition Market

Despite enough potential supply of tonnage primed for demolition, it seems that the conclusion of deals has been elusive over...
Read More

Coronavirus Surge Throws Oil Recovery Into Reverse

Oil futures prices have started to signal OPEC+ may have to do more to offset a second wave of coronavirus...
Read More
1 459 460 461 462 463 493