News Flash
Cruise Ship Makes Rescue off Florida
A cruise ship idling without passengers came to the aid of a small craft in distress in international waters 37...
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U.S. Blacklists Chinese Entities Over Iran Shipping Links
The United States on Monday said it blacklisted two Chinese men and six Chinese entities for having dealt with Iranian...
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Pirates Kidnap Seafarer From LNG Carrier In The Gulf Of Guinea
An LNG carrier has been boarded and attacked by pirates in the Gulf of Guinea, resulting in the kidnapping of...
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Singapore’s Ocean Tankers Wants To Return Most Ships To Owners
The court-appointed manager for Ocean Tankers Pte Ltd has applied to the Singapore court to return most of the ships...
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Mitsubishi Shipbuilding Receives BV Approval For New LNG Fuel System
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has been granted a new approval in principle...
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What’s On The Minds Of CEOs?
BP’s plan to divest 40% of its upstream production by 2030 is the single boldest, and most contentious, move in...
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CMA CGM Expands Kingston – Trinidad – Venezuela Service
CMA CGM has expanded its 12-day service on the Kingston-Trinidad-Venezuela, 'Veneziola' route, to the Netherlands Antilles (Aruba, Curaçao) and Colombia...
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MarineTraffic Extends Partnership With ORBCOMM for Satellite AIS Data
ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, today announced that MarineTraffic, a leading maritime information service,...
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Greek Central Bank Chief Warns Of 9.4% Economic Slump If Pandemic Worsens
Greece’s recession-hit economy could shrink at a rate closer to its central bank’s worst-case scenario if the coronavirus pandemic deepens,...
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Govt Drafts New Bill Solely For Coastal Shipping
The government has drafted a Bill to oversee India’s coastal shipping sector, which seeks to give a “legal structure” to...
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New Diamond Captain Released as Case of Burnt-Out Oil Tanker Concludes
The captain of the fire-stricken tanker New Diamond has been freed of his travel restrictions as the case of the vessel begins...
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Seafarers Stranded on Remote South Atlantic Island After Vessel Sinks
A dramatic rescue effort is underway to save 62 seafarers from a remote South Atlantic island after their vessel stuck...
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BIMCO Highlights Spike in Long-Term Freight Rates Far East to U.S.
Long-term freight rates are on the rise according to a new analysis from BIMCO. While the increase in long-term freight...
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SMF Announces Appointment Of New Executive Director From 2021
The Singapore Maritime Foundation (SMF) has announced that Tan Beng Tee, currently assistant chief executive (development) of the Maritime and...
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DG Shipping Is National Authority For Ships Recycling
The Directorate General of Shipping has been notified as the National Authority for Recycling of Ships under Section 3 of...
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NYK Participates in Discussions on Reducing Ship Emissions to Zero
The NYK Group recently introduced its efforts toward zero emissions from ships at two lively conferences to deepen cooperation with...
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Scorpio Sells Two More Bulkers Amid Switch To Offshore Wind
Bulker owner and operator Scorpio Bulkers is pushing forward with the disposal of vessels as part of its strategy to secure...
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Hapag-Lloyd Raises 2020 Forecast Amid Strong Market
German liner company Hapag-Lloyd said the performance of the container shipping market in the third quarter of 2020 was much...
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OPEC+ Will Ensure Oil Prices Do Not Plunge Again: Mohammad Barkindo
The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the...
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Port of Trois-Rivières to Expand By 50 Percent
The Canadian government is investing $25 million in new terminal infrastructure at the Port of Trois-Rivières, a small bulk and...
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