News Flash

Maersk Foresees Significant Customer Surcharges From EU ETS Proposals

Maersk Foresees Significant Customer Surcharges From EU ETS Proposals

With the European Union closing in on the final proposals and then adoption of its Emissions Trading System, Maersk provided...
Read More
New Panama Canal Toll Structure Approved

New Panama Canal Toll Structure Approved

Panama has approved a new toll structure for ships using the waterway. The new structure will be phased in beginning...
Read More
Cyprus: MPs Improve Rules For Seafarers, Training

Cyprus: MPs Improve Rules For Seafarers, Training

Parliament passed a bill that sets clearer rules for maritime courses, clarifies the calculation and proof of seafarers’ service at...
Read More
Yang Ming Adds 11,000 TEU Ship ‘YM Tutorial’ To Transpacific Service

Yang Ming Adds 11,000 TEU Ship ‘YM Tutorial’ To Transpacific Service

Yang Ming Marine Transport Corp. (Yang Ming) has welcomed its newest 11,000 TEU class container vessel, ‘YM Tutorial’. The vessel...
Read More
US Supreme Court Confirms That US Discovery Processes Are Not Available For Private Foreign Arbitration Proceedings

US Supreme Court Confirms That US Discovery Processes Are Not Available For Private Foreign Arbitration Proceedings

Discovery processes under United States federal law allow for broad requests for documents that may be relevant to a commercial...
Read More
Over $31 Billion In Trade Is Rail-Landlocked Or Stuck At Anchor Off U.S. Coasts

Over $31 Billion In Trade Is Rail-Landlocked Or Stuck At Anchor Off U.S. Coasts

Tens of billions of dollars in trade are either landlocked or anchored at sea in the United States and in...
Read More
Emirates Global Aluminium And K Line Cooperate On Decarbonisation

Emirates Global Aluminium And K Line Cooperate On Decarbonisation

Emirates Global Aluminium (EGA) and K Line have inked an agreement to cooperate on research and pilot projects to decarbonise...
Read More
HMM To Expand Capacity From 820,000 TEUs To 1.2 Million TEUs By 2026

HMM To Expand Capacity From 820,000 TEUs To 1.2 Million TEUs By 2026

HMM, the nation’s largest shipping company, plans to expand its capacity from the current 820,000 TEUs to 1.2 million TEUs...
Read More
German Shipowner Duo Order Four Damen Combi Freighters

German Shipowner Duo Order Four Damen Combi Freighters

Dutch shipbuilder Damen has received four ship orders from German shipowners for Damen’s combi bulk fuel-efficient freighters. The orders were...
Read More
Ex-Wärtsilä Execs Plan To Serve Russian Market For E-Nav Products

Ex-Wärtsilä Execs Plan To Serve Russian Market For E-Nav Products

When Russia invaded Ukraine in February, Finnish technology company Wärtsilä suspended all deliveries, sales, orders, and bidding for Russian customers....
Read More
Rainbow Industries Acquiring Kalmar’s China Heavy Crane Assets

Rainbow Industries Acquiring Kalmar’s China Heavy Crane Assets

China’s Rainbow Industries and Kalmar, a part of Cargotec, have entered into an agreement that Kalmar will transfer heavy cranes’...
Read More
VDMA, VSM Roll Out PtX Roadmap For Maritime Energy Transition

VDMA, VSM Roll Out PtX Roadmap For Maritime Energy Transition

German Mechanical Engineering Industry Association (VDMA) and German Shipbuilding and Ocean Industries Association (VSM) have presented a power-to-X (PtX) roadmap for the...
Read More
Seafarers Welfare Fund Launches Survey On Maritime Response To Ukraine Conflict

Seafarers Welfare Fund Launches Survey On Maritime Response To Ukraine Conflict

The Seafarers International Relief Fund has called for feedback on what more needs to be done to support seafarers impacted...
Read More
Ocean Sun And Keppel Team Up For Nearshore Floating Solar Project In Singapore

Ocean Sun And Keppel Team Up For Nearshore Floating Solar Project In Singapore

Keppel Infrastructure has secured a grant from the Energy Market Authority (EMA) and JTC to pilot the first membrane-based nearshore...
Read More
Israel Sells Haifa Port To India’s Adani Ports, Israel’s Gadot For $1.2 Billion

Israel Sells Haifa Port To India’s Adani Ports, Israel’s Gadot For $1.2 Billion

Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders...
Read More
HMM Targets More Green Ships With New Multi-Billion-Dollar Investment

HMM Targets More Green Ships With New Multi-Billion-Dollar Investment

South Korean shipping company HMM has unveiled its future growth strategy involving a KRW 15 trillion (about $11.3 billion) investment...
Read More
FMC Releases Interim Guidance For Enforcement Of D&D Fee Disputes

FMC Releases Interim Guidance For Enforcement Of D&D Fee Disputes

A month after the passage of the Ocean Shipping Reform Act, the U.S. Federal Maritime Commission has taken its first...
Read More
Vatican Calls For Access To Shore Leave For Seafarers’ Wellbeing

Vatican Calls For Access To Shore Leave For Seafarers’ Wellbeing

The Vatican is pushing for shipping lines and governments across the globe to allow seafarers to take shore leave in...
Read More
Tsakos Energy Navigation Shuttle Tanker PORTO Delivered With DNV Class

Tsakos Energy Navigation Shuttle Tanker PORTO Delivered With DNV Class

In a recent ceremony held at Daehan Shipbuilding Co. Ltd in Korea., Greek Tsakos Columbia Shipmanagement (TCM), took delivery of...
Read More
Great Opportunity For Green Maritime Infrastructure In Brazil

Great Opportunity For Green Maritime Infrastructure In Brazil

Recent regulatory changes to promote cabotage in Brazil present a great opportunity to create cleaner maritime infrastructure, according to IICT....
Read More