News Flash

US Senator Proposes $125M In Grants To Reroute Container Ships

US Senator Proposes $125M In Grants To Reroute Container Ships

Lawmakers in both chambers of Congress have introduced legislation aimed at compensating vessel owners that want to divert ships from...
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AqualisBraemar LOC Buys Ship Design Business From Damen

AqualisBraemar LOC Buys Ship Design Business From Damen

Energy and marine consultancy AqualisBraemar LOC will acquire the UK operations of ship design and marine consultancy company OSD-IMT from...
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Malaysian Transhipment Ports Worst Hit By Blank Sailings

Malaysian Transhipment Ports Worst Hit By Blank Sailings

Malaysian ports were among the hardest among transhipment hubs in terms blank sailings according to analysts project44. Data from project44...
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Sembcorp Marine Warns Of Further Delays Due To Covid Restrictions

Sembcorp Marine Warns Of Further Delays Due To Covid Restrictions

Sembcorp Marine (Sembmarine) expects further delays to five projects currently underway in its yards as it continues to struggle with...
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Sembcorp Marine Integrates Hull And Topsides For Shell’s Deepwater Project

Sembcorp Marine Integrates Hull And Topsides For Shell’s Deepwater Project

Singapore’s offshore builder Sembcorp Marine has completed the integration of topside with a hull for the Vito floating production unit...
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Hafnia Acquires CTI Becoming Largest Product/Chemical Tanker Operator

Hafnia Acquires CTI Becoming Largest Product/Chemical Tanker Operator

Consolidating its position in the tanker segment, Hafnia, part of Singapore-based BW Group, announced plans for an acquisition that will...
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22 Nations Pledge To Create Zero-Emissions Shipping “Corridors”

22 Nations Pledge To Create Zero-Emissions Shipping “Corridors”

At the COP26 conference in Glasgow on Wednesday, the UK unveiled a new pledge to create zero-emissions shipping "corridors" between...
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A.P. Moller – Maersk Enters Strategic Partnership With Vestas On All Containerised Transport

A.P. Moller – Maersk Enters Strategic Partnership With Vestas On All Containerised Transport

To serve the growing global market for sustainable energy solutions and protect profitability in an increasingly challenging global business environment...
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Southern Discoveries Fined $160,000 For Open Hatch Injury

Southern Discoveries Fined $160,000 For Open Hatch Injury

An employee who was seriously injured falling through an open hatch on passenger vessel, The Spirit of Queenstown, has led...
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Wärtsilä Secures Scrubbers Deal With Trasmed GLE S.L.

Wärtsilä Secures Scrubbers Deal With Trasmed GLE S.L.

Spanish company Trasmed GLE S.L., a part of the logistics firm Grimaldi Group, has selected Finland-based Wärtsilä Exhaust Treatment to...
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Shell Marine Transforms Lubemonitor For Digital Era

Shell Marine Transforms Lubemonitor For Digital Era

Shell Marine has deployed a suite of exciting enhancements to its LubeMonitor service, to go beyond all other traditional “cylinder...
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ShipMoney Wins Marine Digital Technology Award

ShipMoney Wins Marine Digital Technology Award

ShipMoney, a global maritime provider of digital payment solutions, has won the prestigious Marine Digital Technology Award organized by Seatrade...
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Noble Corp And Maersk Drilling To Merge

Noble Corp And Maersk Drilling To Merge

Texas-based Noble Corporation and Maersk Drilling have announced they will combine their offshore drilling operations. Maersk Drilling shareholders and Noble...
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Berg Teams Up With Yaskawa/The Switch For Electric Propulsion

Berg Teams Up With Yaskawa/The Switch For Electric Propulsion

Swedish marine propellers manufacturer Berg Propulsion has signed a key supplier and cooperation agreement with Helsinki-based Yaskawa Environmental Energy/The Switch...
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ICS And IMO Seek $1.5 Million From Green Climate Fund For Zero Carbon R&D Fund

ICS And IMO Seek $1.5 Million From Green Climate Fund For Zero Carbon R&D Fund

The International Chamber of Shipping (ICS) and International Maritime Organization (IMO) are seeking to fast track a proposed zero carbon...
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Ardmore Shipping Corporation Expects Real Recovery In The Product And Chemical Tanker Markets

Ardmore Shipping Corporation Expects Real Recovery In The Product And Chemical Tanker Markets

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2021. Highlights and Recent Activity Reported...
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Increased Maximum Draught For Container Vessels Transiting Torres Strait

Increased Maximum Draught For Container Vessels Transiting Torres Strait

Bulk carriers, tankers and now container vessels can pass through Torres Strait with a maximum draught up to 12.5 metres, using...
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Viasat Buying Inmarsat In $7.3 Billion Deal

Viasat Buying Inmarsat In $7.3 Billion Deal

US satellite communications provider Viasat is acquiring Inmarsat in a $7.3bn deal. The deal will see the UK-headquartered Inmarsat, which...
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CMA CGM Partners ENGIE To Develop Synthetic Methane And BioLNG

CMA CGM Partners ENGIE To Develop Synthetic Methane And BioLNG

CMA CGM is partnering with ENGIE on the production of synthetic methane and BioLNG to decarbonise shipping operations. The two...
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Port Of Seattle Looks Into Clean Hydrogen As Fuel

Port Of Seattle Looks Into Clean Hydrogen As Fuel

Utility company Seattle City Light will lead two studies exploring the potential of shifting from fossil fuel to clean hydrogen...
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