News Flash
International Trade Continued To Recover In September But Remained Below Pre-Crisis Levels
International merchandise trade continued to expand in September, although at a slower pace than that recorded in August with levels...
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Summit Aims For Clean-Up Of Shipping Industry
Governments from around the world will try to reach agreement on a deal to clean up international shipping this week....
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Port Everglades Receives World’s Largest Low-Profile STS Cranes
Measuring only 53 metres high, the cranes are able to handle containers stacked eight high and reach 22 rows across,...
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How COVID-19 Has Impacted the Use of Technology in Shipping
A recent study by McKinsey has highlighted that responses to COVID-19 have speeded up the adoption of digital technologies by...
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Dnv Gl Grants Wilhelmsen World’s First Type Approval For The Digital Boiler Water Test And Treat System
Rune Nygaard, Business Manager Ventures in Wilhelmsen Marine Products’ recently established Open Innovation division says, “Our system is tried, tested...
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Testing Of Ballast Water Systems On The Agenda As IMO Meets
As the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) meets for its 75th session on 16 to 20...
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Shipowner Bodies Urge IMO to Back $5bn Decarbonisation R&D Fund
To be managed through a non-governmental International Maritime Research and Development Board (IMRB), the fund would seek to help identify and...
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Asia Forms World’s Biggest Trade Bloc, a China-Backed Group Excluding U.S.
Fifteen Asia-Pacific economies formed the world’s largest free trade bloc on Sunday, a China-backed deal that excludes the United States,...
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India Trims Palm Oil Purchases As Rising Prices Make Soyoil Attractive
Indian edible oil refiners are trimming imports of palm oil to make space for soyoil as a rally in the...
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Pirates Kidnap 14 Crew from Heavy Lift Vessel in GoG
On 13 November, the Liberia-flagged Zhen Hua 7 was boarded while drifting 78 nautical miles northwest of Sao Tome, Dryad...
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Lng Becoming Increasingly Popular In The Shipping Sector
Early in the morning of Thursday, 12 November, Total’s bunker vessel Gas Agility started bunkering the container ship Jacques Saade...
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India’s Sep Crude Imports Fall 10% On Month, But Q4 Rebound Forecast On Festive Fuel Demand
India imported 15.18 million mt, or an average 3.71 million b/d, of crude oil in September, down 9.8% year on...
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China Development Forum 2020 Focuses On Post-pandemic Recovery, Cooperation
Economic recovery and international cooperation in a post-pandemic era – that’s the theme of this year’s China Development Forum and...
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Unlocking The First Wave Of Zero-Emission Shipping
The maritime industry has no time to waste if it is to meet the International Maritime Organization’s ambition of at...
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Cargo Ship Catches Fire Off Greek Coast, Crew Evacuated
The fire started in the afternoon hours of 11 November. Its origin has not been determined so far. The...
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China Denies Restricting Indian Ship Carrying Australian Coal From Leaving Its Port
China on Friday denied that it has restricted an Indian ship carrying Australian coal from leaving its port following complaints...
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Trump Bans American Investment in 31 Chinese Firms, Including CSSC
On Thursday, the Trump administration issued an executive order prohibiting Americans from buying or holding stock in 31 Chinese firms...
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INTERCARGO Supports IMO Measures Before Environmental Committee Meets
INTERCARGO, the association of dry bulk carriers announced its support for the International Maritime Organization’s (IMO) new measures aimed at...
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Amidst Treaty Rights Dispute, First Nations Buy $750M Fishing Company
In a stunning move, the Mi’kmaq First Nations Coalition has partnered with a B.C.-based distributor to buy Clearwater Seafoods, the...
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Hapag-Lloyd Delivers Good Result In First Nine Months of 2020
Hapag-Lloyd has concluded the first nine months of 2020 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of more...
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