News Flash

Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine) to POSCO. KDB, the...

Mitsui O.S.K. Lines, Ltd. yesterday announced that it will restructure the organization effective April 1, 2021, as follows: 1. Establishment of...

Cargo from the oil-rich region plays a crucial role in ensuring India’s energy security The Indian National Shipowners’ Association (INSA),...

Avenir LNG Limited announces the launch of the Avenir Allegiance; the world’s largest dual-purpose, LNG supply and bunkering vessel from...

The value of Australia’s coal exports increased by 26% in the month of December, compared with November, despite the ongoing...

Maersk Tankers, which spearheads Maersk's liquid bulk business, recently announced a decision to sell Maersk Pelican. Pelican was the first product tanker in the...

The transition to low sulphur in fuel oil in 2020 saw only 55 cases of 0.50% compliant fuel being unavailable,...

Eco Livorno, the third of twelve hybrid vessels of the Grimaldi Green 5th Generation (GG5G) class, has been delivered to the Grimaldi Group...

US shipbuilders and the offshore sector have added their support to new US President Biden this as an Executive Order...

Japanese shipowner Mitsui OSK Lines (MOL) has bid farewell to the first and oldest LNG carrier in its fleet –...

The planned mega-merger between Italian shipbuilding major Fincantieri with its French counterpart Chantiers de l’Atlantique has fallen through. The decision...

The impact of the Covid-19 pandemic and a slump in shipbuilding contracting resulted in Wartsila’s marine businesses seeing a 23%...

Alfa Laval has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to work on the development of low-...

LNG as a transition fuel to reduce CO2 emissions is fast gaining traction as is evidenced by a growing number...

The U.S. President Joseph R. Biden, who took office just a week ago, is powering through very busy first days...

Kanfer Shipping AS (“Kanfer”), the Norway-based shipping company focusing on small-scale LNG sea transportation and LNG bunkering, has signed a...

Shell has secured a LNG bunkering licence from the Gibraltar government, allowing the oil major to develop a range of...

The Philippine's temporary ban on international crew change is being extended to cover seafarers coming the Czech Republic, the 36th...

China’s Cosco Shipping Ports Limited (CSPL) and Saudi Arabia’s Public Investment Fund (PIF) have entered into separate agreements to each...

Norway’s Havyard has received a contract from a European company to develop a new zero-emission ship concept for cargo transport....