News Flash
CTI-Maritec Opens Shanghai Fuel Test Centre As It Unveils New “Fuel Expert” System
CTI-Maritec, the maritime industry’s leading fuel and environmental technical advisory company has cut ribbon on a new fuel testing centre...
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Singapore Exploring Ammonia Bunkering For First Castor Initiative Vessel
Singapore is looking into being able to fuel the first ammonia-powered ship under the Castor Initiative in two-to-three years time....
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Brazil Bans Disembarkation Of International Crew At Its Ports
Brazil’s federal government has restricted the arrival in the country of foreign seafarers working onboard vessels or platforms to prevent...
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Kalmar Introduces New Remote Services For Container Terminals
Kalmar, part of Cargotec, introduces new remote services for manual and automated container terminals. The Kalmar Remote Service offering now...
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Ulstein Design For New Korean Seismic Research Vessel
Ulstein has designed a new seismic research vessel for the Korea Institute of Geoscience and Mineral Resources (KIGAM). The 92-meter...
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Ultragas And Evergas Set-Up First Shipping Company To Transport CO2
The captured CO2 will be transported by vessels for storage (CCS) and reuse (CCU) and thereby enabling large-scale emission reductions....
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Maritime Corporate Diplomacy: A Modern Management Tool With Added Value For Shipping
In the global business ecosystem, the shipping industry has invariably faced the interconnection between geopolitical events, risks, and opportunities. To...
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China Pushes Coal Trade On The Longer Route – A Boon For Smaller Vessels?
China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping...
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Dry Bulk Market: Conditions Are Favorable For More Upward Momentum
The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its...
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DEME Claims World’s Most Powerful Dredger With Spartacus Launch
Last week, Belgium-based DEME held naming ceremony for most powerful cutter suction dredger in the world – Spartacus. Despite the...
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China’s COSCO Hopes For Greek Deal On Piraeus Despite Delay
Chinese shipping group COSCO hopes to reach a deal with the Greek government to complete the purchase of an extra...
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ONE Declares General Average On The Delphinus
Ocean Network Express (ONE) has declared General Average for cargo onboard the containership Delphinus which suffered an engine fire on...
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Australia In Longest-Ever Ban For Aswan Shipping Bulker Over ‘Appalling’ Conditions
Australia has banned the bulker Maryam from its waters for an unprecedented 36 months with conditions onboard described as “absolutely...
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BP, Baker Hughes, And Odfjell Drilling In Pact To Maximize Clair Performance
Oil major BP, oilfield services provider Baker Hughes, and offshore driller Odfjell Drilling have entered into a tripartite agreement to...
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Maersk Supply Orders Hybrid Battery For AHTS In Push To Decarbonise Fleet
Danish offshore vessel provider Maersk Supply Service has ordered a battery pack for one of its M-class vessels as part...
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Baltic Index Falls On Lower Capesize Rates
The Baltic exchange’s main sea freight index fell on Thursday largely due to a fall in rates for the capesize...
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Tankers: Covid Cloud Continues To Dampen The Dirty Tanker Market, Whilst Glimmers Of Recovery Surface For Clean Tankers
Using VesselsValue Trade, we will assess the current status of the Tanker market, using historical and current AIS derived supply...
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Tanker Newbuilding Orders On Pace For Doubling During 2021
Ship owners’ appetite for crude tankers has intensified since the start of 2021, manifesting itself in an increased newbuilding contracting...
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IMO Paving The Way For Autonomous Vessel Regulation
The International Maritime Organisation (IMO) completed a regulatory scoping exercise to assess future regulation of Maritime Autonomous Surface Ships (MASS)....
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CHEC To Build $600m Peruvian Chancay Port For Cosco Shipping
Cosco Shipping Ports Chancay Peru has signed a contract with the Chinese consortium CHEC SAC-CCCC4TH for the construction of the...
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