News Flash

MOL introduces FOCUS Project Part III : Virtual Ship visit application ‘Fleet Tour’

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the release of the "Fleet Tour" virtual ship...
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Russia building new seaport to boost trade with Iran, India & Kazakhstan

A seaport with a capacity of 12.5 million tons will be constructed in Russia’s Kalmykia region, near the city of...
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Scorpio moves into offshore wind sector

Monaco’s Scorpio Group has further diversified its business with a move into the offshore wind sector. Its dry bulk arm...
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Coronavirus: 36 Tests Positive On One Of The Very First Cruise Ships That Began Operations

Norwegian cruise line Hurtigruten made headlines around the world when it became among the very first cruise ships to operate...
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Chief Officer Charged With Carrying Illegal Cargo, Sentenced For 6 Months

A chief officer on board a cargo vessel, who is of Myanmar nationality has been convicted to 6 months in...
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Inmarsat, Thetius AND Shell Shipping and Maritime launch ‘Crew Welfare Open Innovation Challenge’

Challenge for start-ups and SMEs will fund and test application that helps improve the safety of deck operations, minimises fatigue...
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COVID-19 to impact Container Port Investment

The pace of container port capacity expansion is forecast to contract at least 40% over the next five years in...
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Evergreen joins the Ship Recycling Transparency Initiative

Evergreen Marine Corporation (Taiwan) Ltd. has become a signatory to the Ship Recycling Transparency Initiative (SRTI) in order to share...
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NavAlt wins international honour for its solar boat

NavAlt Solar & Electric Boats earned a coveted international honour when the Kochi-based company under the Kerala Startup Mission (KSUM)...
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After IMO 2020, decarbonization in spotlight for shipping sector

Shipping companies in Asia and around the globe are steaming ahead with efforts to minimize their carbon footprint as the...
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Digitalization, Big Data, and new technologies key in enabling post-COVID recovery : IMO Secretary General

Digitalization, big data, and new technologies such as artificial intelligence are key in enabling the post-COVID recovery, IMO Secretary-General Mr. Kitack...
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Great Eastern Shipping appoints former RBI Governor Urjit Patel as Additional Director

Great Eastern Shipping Company Ltd has said its board has appointed former RBI Governor Urjit Patel as an additional and...
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We can now run all 46 ships on spot market: says Bharat Sheth

In an interview with a daily publication the Great Eastern Shipping’s managing director (MD) and Deputy Chairman, Bharat Sheth, shared that...
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At Least 10 Killed In Crane Accident In Hindustan Shipyard Limited (HSL), India

At least 10 people have been killed in a crane accident at the Hindustan Shipyard Limited (HSL) in Visakhapatnam, India....
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Liners wary as rates come under pressure with tonnage being reintroduced fast

The inactive containership fleet fell to 313 ships – equivalent to around 1,555,959 teu as of 20 July, representing 6.6%...
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Japanese Shipping Company Fined $1.5 Million For Concealing Illegal Discharges Of Oily Water

Misuga Kaiun Co. Ltd. (MISUGA), a Japanese-based company engaged in international shipping, was sentenced yesterday in federal court before U.S....
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Indonesia eyes Vietnam as it seeks to diversify thermal coal exports

Indonesia, the world’s top exporter of thermal coal, is stepping up efforts to diversify sales of the fuel as shipments...
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ClassNK launches “Innovation Endorsement” service for certifying innovative technology

Leading Classification Society ClassNK is launching a new service titled “Innovation Endorsement” for certifying innovative technology. In February 2020, the...
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U.S. sells record amount of corn to China as tensions rise

Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions...
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Asia Rice-Virus slows Indian exports; heavy flooding hits Bangladesh

India’s rice export prices rose this week as the worsening coronavirus crisis in the country caused logistical snags, while widespread...
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