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Parties Obtain World’s First AiP for Ammonia Floating Storage and Regasification Barge

Parties Obtain World’s First AiP for Ammonia Floating Storage and Regasification Barge

NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI) (hereinafter “the parties”) received an Approval in Principle (AiP)...
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ZeroNorth acquires bunker supplier software provider BTS, propelling digitalisation and decarbonisation of the marine fuel industry

ZeroNorth acquires bunker supplier software provider BTS, propelling digitalisation and decarbonisation of the marine fuel industry

Technology company ZeroNorth has today announced that it has acquired BTS PTE Ltd., a software platform for marine fuel suppliers,...
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GCMD-led consortium successfully completes trialling two supply chains of sustainable biofuels

GCMD-led consortium successfully completes trialling two supply chains of sustainable biofuels

The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed trialling two supply chains of biofuel blends sourced from different...
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P&O Ferries To Strengthen Key Trade Link Between Belgium And The UK With New Sailings

P&O Ferries To Strengthen Key Trade Link Between Belgium And The UK With New Sailings

P&O FERRIES is joining forces with Finnlines to boost the flow of trade between Belgium and the UK by introducing...
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Cyprus and UK sign MoU to increase cooperation in shipping

Cyprus and UK sign MoU to increase cooperation in shipping

The Cyprus Shipping Deputy Ministry (SDM) and the Department for Transport of the United Kingdom of Great Britain and Northern...
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The 2021 surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation

The 2021 surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation

It bears remembering that, as recently as the second half of 2021, the Federal Reserve considered that the surge in...
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Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Asterix I’

Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Asterix I’

Capital Product Partners L.P., an international owner of ocean going vessels, today announced the successful delivery of the LNG carrier...
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Navios Maritime Partners L.P. Reports 2022 Net Income of $579.2 Million

Navios Maritime Partners L.P. Reports 2022 Net Income of $579.2 Million

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, today reported its financial results...
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Global Sustainability Standards Chief Expects Strong Take Up Of Climate Rules

Global Sustainability Standards Chief Expects Strong Take Up Of Climate Rules

The head of a global standard setter for corporate sustainability disclosures said he expected more than 40 countries to adopt...
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Vopak Agencies now a Wilhelmsen company

Vopak Agencies now a Wilhelmsen company

Wilhelmsen Port Services has completed its acquisition of Vopak Agencies which was first announced on 13 October 2022. Vopak Agencies,...
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Sri Lanka to spend 132 mln USD on port development projects

Sri Lanka to spend 132 mln USD on port development projects

Sri Lankan Minister of Ports, Shipping and Aviation Nimal Siripala de Silva has said the government will spend around 132...
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Seacoast Shipping gains on signing contract with Dubai firm

Seacoast Shipping gains on signing contract with Dubai firm

Seacoast Shipping Services surged 4.40% to Rs 3.56 after the company signed contract with Dubai’s Maria Shipping for providing shipping...
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Joint investment in methanol conversion kits for diesel engines paves the way for fossil-free shipping

Marine design and engine developer ScandiNAOS AB, Chalmers University of Technology and the Swedish Maritime Administration (SMA) have launched a...
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Spot 180-cst HSFO flips into premium

Spot 180-cst HSFO flips into premium

The spot cash differential for 180-cst high sulphur fuel oil (HSFO) flipped into a premium on Monday as the supply...
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DNV: IMO Sub-Committee On Human Element, Training And Watchkeeping (HTW 9)

DNV: IMO Sub-Committee On Human Element, Training And Watchkeeping (HTW 9)

The 9th session of the IMO’s Sub-Committee on Human Element, Training and Watchkeeping (HTW 9) was held from 6 to...
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Renewable methanol drives maritime industry decarbonization: institute CEO

Renewable methanol drives maritime industry decarbonization: institute CEO

Renewable methanol is seen as a viable fuel option in accelerating the decarbonization of maritime industries, Methanol Institute CEO Greg...
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Baltic index logs best day in 2 months

Baltic index logs best day in 2 months

The Baltic Exchange’s main sea freight index, logged its best day in nearly two months on Monday on gains in...
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Adani Ports halts non-group loans, to cut debt instead

Adani Ports halts non-group loans, to cut debt instead

Adani Ports and Special Economic Zone Ltd will discontinue lending money to non-group companies after having lent at least ₹12,687...
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Empty containers pile up at global ports as trade slows

Empty containers pile up at global ports as trade slows

Empty containers are piling up at major ports around the world as slowing economies weigh on shipping demand. In the...
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COSCO Shipping expects to report net loss with ‘significant deterioration’ in profit for FY2022

COSCO Shipping expects to report net loss with ‘significant deterioration’ in profit for FY2022

COSCO Shipping International F83 0.55% is expecting to report a net loss in the FY2022 ended December with a “significant...
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