News Flash

$26B Worth Of Cargo Stuck On Container Ships Off California

$26B Worth Of Cargo Stuck On Container Ships Off California

There was fleeting hope that Southern California port congestion had turned the corner. The number of container ships waiting offshore...
Read More
CIMC Raffles Bags Four PCTCs From Zodiac

CIMC Raffles Bags Four PCTCs From Zodiac

CIMC Raffles has secured four LNG-powered 7,000 ceu PCTCs construction contract from Zodiac Maritime. This series of PCTC is designed...
Read More
ZIM Buys Seven Secondhand Boxships For $320M

ZIM Buys Seven Secondhand Boxships For $320M

ZIM has acquired seven containerships of between 12 and 14 years old for $320m since the start of October. The...
Read More
Mercy Ships Sends Out Clear Signal Of Hope With Intellian Technology

Mercy Ships Sends Out Clear Signal Of Hope With Intellian Technology

Two years ago, Intellian struck up a close working relationship with the international surgical care charity Mercy Ships. With its International Support...
Read More
Cosco Sells Stake In Euromax Terminal To Investment Arm

Cosco Sells Stake In Euromax Terminal To Investment Arm

Cosco Shipping Ports has sold a minority stake in Euromax Terminal to Navigator Investco, to the investment platform for the...
Read More
Tug Completes First 1,000 NM Autonomous Voyage In Europe

Tug Completes First 1,000 NM Autonomous Voyage In Europe

The tug Nellie Bly has completed the world’s first 1,000 nautical mile autonomous voyage marking a milestone in the use of computer...
Read More
India MRPL Seeks To Replace ADNOC Oil With Saudi Grade In Mangalore SPR

India MRPL Seeks To Replace ADNOC Oil With Saudi Grade In Mangalore SPR

India’s MRPL MRPL.NS plans to fill a part of the Mangalore strategic petroleum reserve (SPR) with Saudi oil, replacing Abu...
Read More
TECO 2030 To Cooperate On Enhancing Research On Hydrogen In Norway

TECO 2030 To Cooperate On Enhancing Research On Hydrogen In Norway

Cleantech company TECO 2030 has signed an agreement with UiT The Arctic University of Norway to cooperate on enhancing research...
Read More
Australia’s $400M Icebreaker Suffers Electrical Fault On Journey Home

Australia’s $400M Icebreaker Suffers Electrical Fault On Journey Home

Australian authorities say the newly acquired futuristic icebreaker RSV Nuyina suffered an electrical fault on its journey to its homeport of Hobart,...
Read More
Shipping Industry Faces ESG Heat From Lenders

Shipping Industry Faces ESG Heat From Lenders

Banks are demanding much stricter environmental criteria when financing shipping companies as investor pressure grows on the sector to accelerate...
Read More
Six Armed Robberies Against Vessels In Singapore Strait During October

Six Armed Robberies Against Vessels In Singapore Strait During October

ReCAAP Information Sharing Centre has issued another alert on boarding of vessels in the Eastbound lane of the Singapore Strait...
Read More
EXMAR And LATTICE Announce Joint Development Of CO2-Carrier

EXMAR And LATTICE Announce Joint Development Of CO2-Carrier

EXMAR and LATTICE Technology announced today that they have signed an agreement to jointly work on the development of a...
Read More
Proman And Stena Jointly Develop Methanol As The Pathway To Sustainable Shipping

Proman And Stena Jointly Develop Methanol As The Pathway To Sustainable Shipping

The global shipping industry is responsible for ~2.9% of global greenhouse gas emissions, which equals almost 1 billion metric tons...
Read More
EnTrust Global Completes Acquisition Of Maas Capital From ABN AMRO

EnTrust Global Completes Acquisition Of Maas Capital From ABN AMRO

The Blue Ocean strategy managed by EnTrust Global (“EnTrust”), a leading alternative asset management firm, announced today that it has...
Read More
Deadly Viper Found In Shipping Container Sent From India To UK

Deadly Viper Found In Shipping Container Sent From India To UK

The team sealed the room where the snake was kept, along with warning signs, and are now awaiting a response...
Read More
Aspen Institute Launches CoZEV Initiative With Major Corporations To Support Zero-Carbon Shipping

Aspen Institute Launches CoZEV Initiative With Major Corporations To Support Zero-Carbon Shipping

Through a new collaborative, cargo owner-led network facilitated by the Aspen Institute, a group of climate-forward brands have announced a...
Read More
Singapore MPA And Dalian Maritime University In Talent And Academic Exchange

Singapore MPA And Dalian Maritime University In Talent And Academic Exchange

The Maritime and Port Authority of Singapore (MPA) has inked a memorandum of understanding (MoU) with Dalian Maritime University (DMU)...
Read More
“K” Line Successfully Captures CO2 In Shipboard Trial

“K” Line Successfully Captures CO2 In Shipboard Trial

Pilot projects exploring the possibility of utilizing carbon capture technology aboard ships are making strong progress toward providing a vital...
Read More
Yanmar Conducts World’s First 70 MPa High-Pressure Ship Refueling With Hydrogen

Yanmar Conducts World’s First 70 MPa High-Pressure Ship Refueling With Hydrogen

Yanmar Power Technology (YPT), a Group company of Yanmar Holdings Co., Ltd., has conducted the world’s first 70 MPa high-pressure...
Read More
The Future Of Ferries, A Sector Ignored By Policy Makers

The Future Of Ferries, A Sector Ignored By Policy Makers

When transport ministers, policy makers, even the general public talk about connectivity, it is airlines, railways and roads that they...
Read More