News Flash

Cyprus Working On Green Incentives For Zero Carbon Future

Cyprus Working On Green Incentives For Zero Carbon Future

The Cyprus administration is working on a series of green incentives which reward those actively taking steps to support the...
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Maritime Anti-Corruption Network Setting Up Ukraine Help Desk

Maritime Anti-Corruption Network Setting Up Ukraine Help Desk

The Maritime Anti-Corruption Network (MACN) is expanding its help desk concept to the Ukraine with the support of a local...
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Enabling Data Driven Decisions Using Data Exchange Platforms

Enabling Data Driven Decisions Using Data Exchange Platforms

Data is the building block for today’s world. As businesses evolve to keep pace with shifting industries, we must rely...
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U.S.-Seized Gasoline Cargo Discharges In New York After 3-month Journey

U.S.-Seized Gasoline Cargo Discharges In New York After 3-month Journey

The first of two tankers carrying cargoes of Iranian gasoline seized by the United States discharged in New York ,...
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Tankers: VLCC Market Remained Depressed Last Week

Tankers: VLCC Market Remained Depressed Last Week

VLCC Rates in this sector remained depressed this week. In the Middle East, we saw rates for 280,000mt to USG...
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DG Shipping Allows Re-Opening Of Maritime Training Institutes

DG Shipping Allows Re-Opening Of Maritime Training Institutes

The Directorate-General of Shipping (DG Shipping) has allowed the re-opening of post-sea and pre-sea maritime training institutes (MTIs) that were...
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The Thome Group And Carsten Rehder Have Agreed To Cooperate In A Joint Venture.

The Thome Group And Carsten Rehder Have Agreed To Cooperate In A Joint Venture.

Under the agreement, a new company will be set up to take over the ship management of Carsten Rehder’s owned...
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Ulstein Designs Hydrogen Hybrid Wind Turbine Installation Vessel

Ulstein Designs Hydrogen Hybrid Wind Turbine Installation Vessel

According to Ulstein, the jack-up can operate 75 per cent of the time in zero-emission mode. Using readily available technology,...
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UK Gov’t Unveils £200 Million Port Infrastructure Fund

UK Gov’t Unveils £200 Million Port Infrastructure Fund

Ahead of the UK’s exit from the EU Customs union, the country’s government has launched a £200 million ($258 million)...
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Founder Of Major Singapore Fuel Supplier Charged In Shell Oil Heist Case

Founder Of Major Singapore Fuel Supplier Charged In Shell Oil Heist Case

The founder of one of Singapore’s biggest marine fuel suppliers has been charged for his involvement in a large-scale oil...
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Crude Demand Heading South

Crude Demand Heading South

The hesitant recovery in global demand for oil looks set to grind to a halt, putting pressure on crude and...
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Advancement for Autonomous Operations on Deep-Sea Ships

Advancement for Autonomous Operations on Deep-Sea Ships

The shipping industry continues to work towards new applications of autonomous operations with the latest advancements of the technology being...
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IMO-2020 And Beyond: Club’s Operational Experience On The Transition To Compliant Fuel Blends

IMO-2020 And Beyond: Club’s Operational Experience On The Transition To Compliant Fuel Blends

Before implementation of the IMO-2020 global sulphur cap, there were concerns on the properties of the new fuel blends –...
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BIMCO Expresses Concern Over EU ETS Calling for Global Effort on CO2

BIMCO Expresses Concern Over EU ETS Calling for Global Effort on CO2

The international shipping association BIMCO is the latest member of the maritime community to express concerns over the decision to...
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Russia Crude Oil Exports Recovering

Russia Crude Oil Exports Recovering

Crude oil exports from Russia appear to be recovering once again. In its latest weekly report, shipbroker Banchero Costa said...
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Seaspan Buys Boxship Pair For $176 Million

Seaspan Buys Boxship Pair For $176 Million

Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., is buying two 12,000 TEU containerships for $176 million in cash. The...
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Singapore Names Its 1st LNG Bunkering Vessel

Singapore Names Its 1st LNG Bunkering Vessel

Singapore’s first LNG bunkering vessel FueLNG Bellina, was named paving way for FueLNG, a joint venture between Keppel Offshore &...
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Classnk Opens New Offices In India And Spain

Classnk Opens New Offices In India And Spain

Japan’s classification society ClassNK has opened new survey offices in India’s Kandla and Spain’s Valencia in a move to improve...
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Shipping Industry to Combat Inefficiency with Digitalisation

Shipping Industry to Combat Inefficiency with Digitalisation

The use of an intelligent, integrated solution tailored for the operations of containerized shipping is all the more important now...
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Remembering SS El Faro’s Legacy

Remembering SS El Faro’s Legacy

On 1st October, Thursday marks the fifth anniversary of the loss of the con/ro El Faro, which went down with...
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