News Flash
Trade Financing To Experience Period of Transformation, Post-COVID
The existing disruptions in the global supply chain and commodities’ trade is having an impact on all aspects of trade,...
Read More
45 Countries Designated Seafarers As Key Workers
Forty-five IMO Member States and one Associate Member, Hong Kong, have now designated seafarers as key workers, a key step in resolving the ongoing crew change...
Read More
Asian Container Shortage Threatens European Indica Rice Supply In Early 2021: Sources
Delays to rice shipments caused by container freight issues are increasingly expected to tighten Indica rice supply in Europe, regional...
Read More
Probunkers Submits Request For LNG Bunkering License In Port Of Singapore
probunkers responded to the Request for Proposal (RFP) of The Maritime and Port Authority of Singapore (MPA) for new licensees...
Read More
China To Be Top Market For Onshore Seismic In The Next Two Years; Global Recovery To Wait Until 2022
The global onshore seismic market has had a devastating 2020 with a 27% slump in purchase value. Next year is...
Read More
Lloyd’s Lists Capt. Rajesh Unni Among Most Influential Executives
Lloyd’s List has named Rajesh Unni, CEO and Founder of Synergy Group, as one of the most influential executives in...
Read More
First Newbuild Large Bulk Carrier to be Fitted with Five Rotor Sails
A newbuild large bulk carrier will be outfitted with the newest version of the rotor sail technology as part of...
Read More
Marine Transportation Industry: Preparation For Inflation
In 2021, both tanker and bulk freight rates should climb as commodity demand improves on a global production recovery and...
Read More
IMCA Fully Supports The Seafarers Delivering Christmas Campaign
The International Marine Contractors Association (IMCA) is supporting the Seafarers Delivering Christmas campaign, highlighting both the ongoing crew change crisis...
Read More
India: Core Secretary Panel Set To Take Up Shipping Corporation Disinvestment
The cabinet secretary-headed core group of secretaries on divestment will, on Monday, take up the issue of preliminary information memorandum...
Read More
Container Shortage Crisis Arrives For India
After China, the U.S., the EU and Australia, the next country to be badly hit because of containers (either surplus or...
Read More
The Pole To Pole Network That’s Making Waves On The Internet Of Things
In the maritime industry, communication at sea has lagged far behind the onshore world in terms of connectivity. There is...
Read More
Three Killed, Five Missing After Two Ships Collide Near Shanghai
Two smaller container ships operating feeder routes along China’s Yangtze River collided overnight near Shanghai, causing one of the vessels...
Read More
New Bill To Encourage Gas Imports In Brazil
It is in the hands of the Chamber of Deputies to assess, change and approve a bill that promises to...
Read More
Owners’ Responsibilities Clarified In New GENCON Charter
The drafting team working on the revision of GENCON 94 has agreed on a new Clause 2 for shipowners’ responsibilities....
Read More
Singapore, China To Promote Talent And Academic Exchange In Maritime Sector
Under the MOU, the Maritime and Port Authority of Singapore (MPA) and SMU will cooperate in two focus areas, namely...
Read More
Coronavirus Slows Safety Reforms In Bangladesh’s Ship-Breaking Industry
The coronavirus pandemic has slowed efforts to make safer the often hazardous job of dismantling old ships in Bangladesh, officials...
Read More
EU Leaders Unblock 1.8 Trillion Euro Budget, Recovery Fund, Eye Climate Goals
European Union leaders unblocked this week a 1.8 trillion euro financial package to help the economy recover from the pandemic-induced...
Read More
Gulf Oil Inks Agreement To Buy Ocean Tankers’ Lubricants Plant In Singapore
Gulf Oil International Ltd, part of the Hinduja group, said it has reached an agreement to acquire the lubricant blending...
Read More
Covid-19 Vaccine Logistics: Potential Risks And Pain Points
According to the WHO, there are currently more than 100 COVID-19 vaccine candidates under development, with a number of these...
Read More