News Flash

Furuno Launches The First IMO-compliant X-band and S-band Radar Package

Furuno Launches The First IMO-compliant X-band and S-band Radar Package

FURUNO ELECTRIC CO., LTD. (headquartered in Nishinomiya, Japan) presents, for the first time, a complete Magnetron-free Radar/Chart Radar Solution in...
Read More
KDB Moving To Sell Off HMM To POSCO

KDB Moving To Sell Off HMM To POSCO

Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine) to POSCO. KDB, the...
Read More
MOL Announces Restructuring Measures

MOL Announces Restructuring Measures

Mitsui O.S.K. Lines, Ltd. yesterday announced that it will restructure the organization effective April 1, 2021, as follows: 1. Establishment of...
Read More
Shipping Industry Seeks Govt. Help To Deal With Piracy In Gulf of Guinea

Shipping Industry Seeks Govt. Help To Deal With Piracy In Gulf of Guinea

Cargo from the oil-rich region plays a crucial role in ensuring India’s energy security The Indian National Shipowners’ Association (INSA),...
Read More
Avenir LNG Limited Announces The Launch Of The Avenir Allegiance

Avenir LNG Limited Announces The Launch Of The Avenir Allegiance

Avenir LNG Limited announces the launch of the Avenir Allegiance; the world’s largest dual-purpose, LNG supply and bunkering vessel from...
Read More
Australian Coal Trade Up Despite Chinese Woes

Australian Coal Trade Up Despite Chinese Woes

The value of Australia’s coal exports increased by 26% in the month of December, compared with November, despite the ongoing...
Read More
Maersk Tankers Sells Its First Wind-Assisted Vessel

Maersk Tankers Sells Its First Wind-Assisted Vessel

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...
Read More
IMO Says Transition To LSFO Went Extremely Smooth With Only 55 FONAR Reports

IMO Says Transition To LSFO Went Extremely Smooth With Only 55 FONAR Reports

The transition to low sulphur in fuel oil in 2020 saw only 55 cases of 0.50% compliant fuel being unavailable,...
Read More
Grimaldi Welcomes 3rd Hybrid RO-RO Vessel Into The Fleet

Grimaldi Welcomes 3rd Hybrid RO-RO Vessel Into The Fleet

Eco Livorno, the third of twelve hybrid vessels of the Grimaldi Green 5th Generation (GG5G) class, has been delivered to the Grimaldi Group...
Read More
US Shipbuilders Show Support For Biden Following ‘Buy American’ Executive Order

US Shipbuilders Show Support For Biden Following ‘Buy American’ Executive Order

US shipbuilders and the offshore sector have added their support to new US President Biden this as an Executive Order...
Read More
MOL Sends Its First LNG Carrier To The Breakers

MOL Sends Its First LNG Carrier To The Breakers

Japanese shipowner Mitsui OSK Lines (MOL) has bid farewell to the first and oldest LNG carrier in its fleet –...
Read More
Italy & France Pull The Plug On Fincantieri’s Takeover Of Chantiers De l’Atlantique

Italy & France Pull The Plug On Fincantieri’s Takeover Of Chantiers De l’Atlantique

The planned mega-merger between Italian shipbuilding major Fincantieri with its French counterpart Chantiers de l’Atlantique has fallen through. The decision...
Read More
Wartsila’s Marine New Orders Decline 23% In 2020

Wartsila’s Marine New Orders Decline 23% In 2020

The impact of the Covid-19 pandemic and a slump in shipbuilding contracting resulted in Wartsila’s marine businesses seeing a 23%...
Read More
Alfa Laval Joins Mærsk Mc-Kinney Møller Center For Zero Carbon Shipping

Alfa Laval Joins Mærsk Mc-Kinney Møller Center For Zero Carbon Shipping

Alfa Laval has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to work on the development of low-...
Read More
Huge Shift Underway To LNG As A Fuel To Reduce Emissions

Huge Shift Underway To LNG As A Fuel To Reduce Emissions

LNG as a transition fuel to reduce CO2 emissions is fast gaining traction as is evidenced by a growing number...
Read More
Biden Backs The Jones Act In A New Executive Order

Biden Backs The Jones Act In A New Executive Order

The U.S. President Joseph R. Biden, who took office just a week ago, is powering through very busy first days...
Read More
Kanfer Shipping AS Signs LOI For Two Small-Scale LNG Bunker Vessels

Kanfer Shipping AS Signs LOI For Two Small-Scale LNG Bunker Vessels

Kanfer Shipping AS (“Kanfer”), the Norway-based shipping company focusing on small-scale LNG sea transportation and LNG bunkering, has signed a...
Read More
Shell Awarded LNG Bunkering License In Gibraltar

Shell Awarded LNG Bunkering License In Gibraltar

Shell has secured a LNG bunkering licence from the Gibraltar government, allowing the oil major to develop a range of...
Read More
Czech Republic Added To Philippines International Crew Change Ban

Czech Republic Added To Philippines International Crew Change Ban

The Philippine's temporary ban on international crew change is being extended to cover seafarers coming the Czech Republic, the 36th...
Read More
Red Sea Gateway Terminal To Sell 40% Stake To Cosco And PIF

Red Sea Gateway Terminal To Sell 40% Stake To Cosco And PIF

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