News Flash

Key Equipment Installed On Gazprom Neft’s Future Lng Bunker

Construction of Russia’s first LNG bunkering vessel is now in its final stage, with Gazprom Neft having now completed its...
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Mol Announces The Integration Of The Dry Bulk Business, Wood Chip Carrier Business, And Mitsui O.S.K. Kinkai, Ltd., And The Establishment Of A New Company

Mitsui O.S.K. Lines, Ltd. yesterday announced the policy for the reorganization of the Dry Bulk business within the Group. 1....
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MOL Secures Transport Deal For Wind-Powered Coal Carrier

Japanese shipowner Mitsui O.S.K. Lines has reached a coal transport deal with Tohoku Electric Power Co., using a coal carrier...
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Shanghai – Europe Spot Container Rates Jump 24% In A Week

The Shanghai Containerized Freight Index (SCFI) Shanghai – Europe reported a rate of $2,948 per teu on Friday compared to...
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BBG And Harren & Partner Combining Bulker Businesses

Bremen-based bulker alliance of BBG and Harren & Partner will manage a fleet of 23 bulk carriers. “By joining forces,...
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Inmarsat’s Most Powerful Satellite Enters Service

Inmarsat, the world leader in global, mobile satellite communications, confirms commercial service introduction (CSI) of GX5, the company’s newest, most...
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IMO: United in the fight against corruption

On International Anti-Corruption Day 2020 (9 December), IMO Secretary-General Kitack Lim has highlighted the Organization’s support for the fight against...
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Baltic Exchange Launches New Service For Ship Investors

Leading publisher of maritime market benchmarks, the Baltic Exchange, has launched a new service for shipping investors which provides a...
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Ships’ Recycling Activity Up, As Bangladesh Returns To The Market

The return of Bangladesh in the ships’ recycling market captured all the headlines this past week. In its latest weekly...
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JSW Steel Crude Steel Production Rises 3% Yoy In November

JSW Steel said its crude steel production rose 3% to 13.32 lakh tonnes in November 2020 from 12.90 lakh tonnes...
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Tristar Group Wins Exclusive GCC Helium Carriage Contract

Tristar will utilise its specially designed fleet of trucks which has advanced built-in safety features, to ensure the safe transport and delivery...
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K Line To Help Develop Hydrogen Supply Chain To Drive Decarbonisation

The Japan Hydrogen Association seeks to promote global cooperation in hydrogen-oriented activities and establish a hydrogen supply chain. “Hydrogen is...
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Ports of Auckland Fully-Electric Tug Hits The Water

Vietnam-based Song Cam Shipyard launched the world’s first fully-electric ship-handling tug of 70 tonnes bollard pull, the Damen RSD-E Tug...
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Seaspan Orders Five 12,200 TEU Boxships

Hong Kong-based containership owner Seaspan Corporation has entered into purchase orders to build five 12,200 TEU containerships. The order is...
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Fireworks, Batteries And Liquid Ethanol Among Cargoes Lost From ONE Apus

Among the 1,816 containers estimated to have been lost from the 14,000 teu ONE Apus when it hit severe weather...
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CDB Financial Leasing Acquiring 14 Vessels From Maersk Tankers Singapore

CDB Financial Leasing is to acquire the 14 product tankers via its 14 wholly-owned special purpose companies incorporated in Hong...
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Plan for Large Green Ammonia Production Plant for Shipping Industry

With attention focused on the potential of ammonia as the fuel source of the future for the shipping industry, Norway’s...
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Images of World’s Largest Iceberg Drifting in the Southern Ocean

Britain’s Royal Air Force released dramatic images of what is believed to be the world’s largest iceberg as it drifts...
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OPEC+ Agrees To Increase Output after Tense Negotiations

Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on...
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Amendments To California’s Marine Invasive Species Program Will Come Into Force Soon

California has amended regulation in section 2298.5 in Article 4.8 of Title 2, Division 3 of Chapter 1 of the...
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