News Flash
Great Eastern Becomes India’s Biggest Shipowner by Vessel Count
When it comes to shipowning nations, the likes of Greece, China, and the USA are the first countries that come...
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India Proposes Crew Change At Sea For Ships Stranded Off China
Indian authorities proposed to their Chinese counterparts facilitating a crew change at sea for the crew members stranded aboard the...
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Historic Great Lakes Ferry Acquired By Interlake
The historic Great Lakes passenger-car ferry the S.S. Badger has been acquired by the Interlake Holding Company. Built in 1952, the ferry...
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STI To Extend Concession, Invest Over $44m In Port Of San Antonio
As informed, the original concession expiring in 2025 will continue until 2030. Under the new plan, close to US$ 44.3...
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Brexit: What To Expect In The Port Of Rotterdam?
Midnight on 31 December will mark the end of the Brexit transition period in which no customs formalities are required...
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POSCO Moving to Expand Supply of Steel Products for LNG-fueled Vessels
POSCO is focusing on liquid natural gas (LNG)-powered vessels as global demand for these eco-friendly ships is expected to grow...
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Shipping Faces New Turmoil In European Emissions Trading Plan
Cooperation in the shipping industry to cut pollution from oceangoing vessels is running aground in Europe. The European Union is...
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China To Further Cut Crude Steel Output For Carbon Neutrality Goal
China will resolutely cut the output of crude steel and ensure it falls year on year in 2021, a senior...
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Saudi Arabia Expected To Raise February Crude Prices For Asia: Survey
Top oil exporter Saudi Arabia is expected to raise its official selling prices (OSPs) for Asian buyers for a second straight month...
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Oil demand won’t fully recover until 2022 — IHS Markit
Global oil demand will likely take another year or so to return to pre-pandemic levels — by late 2021 or...
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Navigator Holdings Ltd. Announces Closing Of The Sale of 39.1% Equity Interest To BW Group Limited and Changes To The Board of Directors
Navigator Holdings Ltd., today announced that the previously announced sale by funds managed by WL Ross & Co. LLC (“WL...
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COSCO Faces Backlash As It Moves To Tighten Grip On Greek Port
Global conglomerate China COSCO Shipping is gearing up for a fight as it seeks to tighten its grip over the...
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UAE Emerges As Hub For Companies Helping Venezuela Avoid U.S. Oil Sanctions
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was...
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Adani Ports Jumps, Crosses ₹1 Trillion In Market Capitalization
Adani Ports and Special Economic Zone Ltd crossed ₹1 trillion in market capitalisation for the first time on Monday after...
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USCG Vessel Spills Oil In Alaska
On 26 December, USCG said it responded “to a report of a discharge of hydraulic oil from Coast Guard Cutter Spar”....
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Plocan Tackles Underwater Noise From Shipping
Plocan is in charge of developing a Virtual Research Environment that collects and allows external users to access to the...
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Maersk Elba Loses Power After Fire Off Portugal
The vessel in question is the 13,092 TEU Maersk Elba, owned by Japan’s Financial Products Group. At the time of...
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Seaways Shipping Inks Pact With MOL Logistics For Supply Chain Services
Hydearbad-based Seaways' group flagship Seaways Shipping and Logistics on Monday said it has entered into a pact with the MOL Logistics (India) for providing...
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Bunker Suppliers Reliance, IOC, BP, HP & Nayara Gets Show-Cause Notice For Violating Surveillance Audit
The Directorate General of Shipping has sought an explanation from ship fuel (bunker) suppliers such as Reliance Industries, Indian Oil...
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China Okays KSOE-DSME Merger
China’s State Administration for Market Regulation (SAMR) recently informed KSOE that the proposed business combination with DSME would not violate...
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