News Flash
Newbuilding Orders Pick Up
The newbuilding market has picked up the pace during the past week, while a significant number of deals was reported...
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Government to amend law for mandating foreign ship owners pay provident fund to Indian seafarers
Foreign ship owners will have to pay provident fund, gratuity and pension to the Indian crew they hire to run...
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Back India, Seychelles sign pact on information sharing in maritime security
In order to further the existing cooperation in the realm of maritime safety and security, IFC-IOR signed an MoU on...
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Bangladesh to start pipeline gasoil imports from India in March, says BPC chairman
Bangladesh is set to import 0.005% sulfur gasoil from India via the maiden oil pipeline connecting the two countries from...
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BSM partners with ISWAN to provide company-wide Maritime Mental Health Awareness training to crew
The International Seafarers’ Welfare and Assistance Network (ISWAN) will deliver its Maritime Mental Health Awareness (MMHA) training to 3,500 officers...
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Albania Seizes Liberia-Registered Ship Carrying Suspected Russian Oil
Albanian police in the coastal town of Durres on Monday along with other law enforcement agencies blocked a Liberian-registered ship...
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Hai Long Offshore Wind Signed Transport and Installation Contract for Cables with Seaway7
Hai Long Offshore Wind Project is pleased to announce that it has signed the contract for the transport and installation...
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Dutch intelligence warns of Russian sabotage against its key maritime, energy facilities
Russia is looking to target vital Dutch maritime and energy infrastructure in the North Sea, the country’s military intelligence warned...
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Isle of Man Ship Registry strikes new deal with Singapore ship owner
The Isle of Man Ship Registry (IOMSR) is growing its fleet and extending its relationship with Singapore-based ship owner Peninsula...
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Squire Patton Boggs partner with The Baltic Exchange and launch Vessel Sale & Purchase Transaction Closing
Squire Patton Boggs (SPB) has partnered with The Baltic Exchange to provide a vessel sale & purchase (S&P) transaction closing...
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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
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
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 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
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
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., 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., 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
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
Wilhelmsen Port Services has completed its acquisition of Vopak Agencies which was first announced on 13 October 2022. Vopak Agencies,...
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