News Flash

Australia Holds Cargo Ship to Complete Overdue Crew Change

Australia Holds Cargo Ship to Complete Overdue Crew Change

Australian authorities are continuing their strict enforcement programs designed to ensure the welfare of seafarers arriving at their ports. At...
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4th BIMCO Report on the IMSBC Code Amendments – Re-classification of Dangerous Goods

4th BIMCO Report on the IMSBC Code Amendments – Re-classification of Dangerous Goods

BIMCO started reporting from 30 September 2020, a series of articles, informing members of what to expect in the revised...
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Korean Shipping Companies Benefiting from Special Government Guarantee

South Korean shipping companies are enjoying high growth thanks to the South Korean government’s proactive support. South Korean shipping companies...
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First Ever Standard Contract For Autonomous Ship Operation Underway

First Ever Standard Contract For Autonomous Ship Operation Underway

BIMCO is adapting the currently used SHIPMAN 2009 agreement for use with autonomous ships, but the lack of actual autonomous...
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European Commission Gives IHM Enforcement Guidance

European Commission Gives IHM Enforcement Guidance

“There has been substantial industry lobbying of the EU Commission for an extension to the deadline for compliance to allow...
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NYK Takes Full Control of Green Zeebrugge LNG Bunkering Vessel

NYK Takes Full Control of Green Zeebrugge LNG Bunkering Vessel

To remind, the joint venture was established by NYK Line, Engie and Mitsubishi Corporation as an LNG bunkering unit. The...
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Nigerian National Petroleum Company Reports Blast on Storage Vessel

Nigerian National Petroleum Company Reports Blast on Storage Vessel

The Nigerian National Petroleum Corporation (NNPC) has confirmed an explosion aboard a tanker used for floating storage in the Oil...
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Crew Feel ‘Forgotten and Abandoned’ LR Survey Finds

Crew Feel ‘Forgotten and Abandoned’ LR Survey Finds

There are currently 400,000 seafarers stuck at sea, according to the International Maritime Organization (IMO), due to government’s travel restrictions...
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Mitsui O.S.K. Lines Reports First Half Results

Mitsui O.S.K. Lines Reports First Half Results

The average exchange rate of Japanese yen against the U.S. dollar during the first six months of fiscal 2020 appreciated...
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Shipping Demand To Suffer After Wave of New Lockdowns

Shipping Demand To Suffer After Wave of New Lockdowns

Freight rates are about to face renewed downward pressure, on the back of a new wave of lockdowns around the...
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World’s Largest LNG-Powered Boxship CMA CGM Jacques Saade Arrives UK

World’s Largest LNG-Powered Boxship CMA CGM Jacques Saade Arrives UK

The world’s largest containership powered by liquefied natural gas (LNG), the CMA CGM Jacques Saade is continuing her record-setting maiden voyage making her...
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U.S. Completes Withdrawal From Paris Climate Accord

U.S. Completes Withdrawal From Paris Climate Accord

The United States has formally departed the Paris Climate Accord, becoming the only signatory nation to withdraw. As a non-member,...
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Ship Owners Shun Away from the Demolition Market

Ship Owners Shun Away from the Demolition Market

Despite enough potential supply of tonnage primed for demolition, it seems that the conclusion of deals has been elusive over...
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Coronavirus Surge Throws Oil Recovery Into Reverse

Coronavirus Surge Throws Oil Recovery Into Reverse

Oil futures prices have started to signal OPEC+ may have to do more to offset a second wave of coronavirus...
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Navios Maritime Acquisition Corporation Announces Delivery of One VLCC

Navios Maritime Acquisition Corporation Announces Delivery of One VLCC

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Baghdad, a new building VLCC of...
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ICS Calls for Increased Female Employment and Diversity for Seafarers

ICS Calls for Increased Female Employment and Diversity for Seafarers

While the shipping industry is known for the diversity of nationalities employed at sea, one area where diversity lags is...
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INTERCARGO Calls for All Charterers to Allow Crew Changes

INTERCARGO Calls for All Charterers to Allow Crew Changes

Charterers in some instances have been preventing crew changes from occurring, according to INTERCARGO. The trade organization representing the dry...
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Road Minister To Inaugurate Major Port Projects In Chabahar

Road Minister To Inaugurate Major Port Projects In Chabahar

In an interview with Mehr news, the Director-General of Sistan-Baluchestan Ports and Maritime Department informed the road minister is to...
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MOL signs Charter Contract for Three Ice-Breaking LNG Carriers for Arctic LNG 2 Project in Russia

MOL signs Charter Contract for Three Ice-Breaking LNG Carriers for Arctic LNG 2 Project in Russia

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President and CEO: Junichiro Ikeda), announced that charter agreements were signed for three icebreaking liquefied...
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ClassNK Releases Guidelines for Membrane Systems on LNG Carriers

ClassNK Releases Guidelines for Membrane Systems on LNG Carriers

Classification society Nippon Kaiji Kyokai (ClassNK) has released its guidelines for membrane systems on liquefied gas carriers.   ClassNK said...
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