News Flash
Sapura Energy Secures $203m Worth Of New Contracts
Malaysian offshore service provider Sapura Energy has secured a series of new contracts worth a total of MYR840m ($203m). In...
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Australia Bans Taiwanese Bulker For Underpaying Crew
The Australian Maritime Safety Authority (AMSA) has banned the 2008-built 28,300 dwt handy bulk carrier AC Sesoda for deliberately underpaying...
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Parliament Says Shipping Industry Must Contribute To Climate Neutrality
To decarbonize maritime transport, Parliament voted to include CO2 emissions from the sector in the EU Emissions Trading System. On...
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Norwegians Building Ocean Infinity Armada
Marine robotics company Ocean Infinity has selected Norwegian firm Grovfjord Mek. Verksted (GMV) to build its ultra-low emission Armada fleet...
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COVID-19 Is Negatively Impacting The Offshore Energy Insurance Sector, But Market Is Beginning To Harden, Says Iumi
At session of the IUMI (International Union of Marine Insurance) annual conference, delegates heard that the offshore energy sector was...
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Us Watches Iranian Fuel Cargoes To Venezuela, Keeps Up Pressure On Other Shippers
US sanctions have deterred all but Iranian tankers from delivering gasoline to fuel-starved Venezuela, and the Trump administration will keep...
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DP World Announces Agreements in Israel Under New Peace Deal
Just a month after the news of a peace deal between Israel and the United Arab Emirates and the same...
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IMO: Seafarers And The Urgent Issue Of Crew Changes; World Maritime Day Event On 24 September
On Thursday, 24 September 2020, between 14:00-15:00 CET, on the occasion of World Maritime Day, the International Maritime Organization, the...
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$50000 Raised To Resume Search For Missing Livestock Carrier MV Gulf Livestock1
Gulf Navigation holding PJSC (GNH) reported the missing of livestock carrier MV Gulf Livestock1 when it was route from New...
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CLIA: Over $23.5 Billion Invested In Environmentally Friendly Cruise Ships
The cruise industry has invested over $23.5 billion in ships with new energy-efficient technologies and cleaner fuels, the world’s largest...
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Demolition Market in Pre-Covid Levels
The ship recycling market has kept up its recovery pace, with prices rising to the levels close to the pre-Covid...
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SCI to set freight rates for India-Maldives direct service in line with market
Direct cargo service between the two countries will start on September 21 State-run Shipping Corporation of India (SCI) will “review”...
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Indian shipbreaking yards set to suspend operations due to oxygen shortage
Indian shipbreaking yards have been forced to suspend operations as the country is facing a shortage of oxygen supplies due...
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Captain Dies Of Cardiac Arrest Onboard Asphalt tanker, Vessel Docks At Karwar
Master of the Asphalt tanker, Global Lady, died in his cabin, onboard the ship during the voyage. Panama flagged vessel...
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Abu Dhabi Maritime Academy Takes e-Training To New Heights With Cloud Simulation Solution
The technology group Wärtsilä has successfully delivered its brand-new Cloud Simulation solution to Abu Dhabi Maritime Academy. Comprising a combination...
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Korean Shipbuilders Suffering a Drought of VLCC Orders
Korean shipbuilders are suffering a severe order drought. Even orders for very large crude carriers (VLCCs), which are a major...
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BIMCO: Simplifying environmental reporting
BIMCO Shipping KPI version 4 is expected to be released by end September. Considering the development in the shipping sector,...
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Transaction, legal advisors working towards SCI disinvestment: Shipping Ministry
The Shipping Ministry has recently said post ''in principle'' approval for strategic disinvestment of government shareholding in Shipping Corporation of...
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Thousands mobilise in bid to try and save the 40 missing men from the Gulf Livestock 1
Thousands of people around the world are joining together to get more nations involved in the search operation for the...
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MSC’s Giant Container Ship Collides With Gantry Crane In Valencia, Spain
One of the world’s largest ship in the world with 23,000+ TEU capacity, MSC MIA, collided with a gantry crane...
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