News Flash

Panama Calls On IMO To Help Seafarers Stuck In China Amid Coal Trade Spat With Australia

Panama Calls On IMO To Help Seafarers Stuck In China Amid Coal Trade Spat With Australia

Coal trade between Australia and China has turned into a nightmare for over 74 vessels and more than 1,500 seafarers,...
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North Star Makes Grand Entrance into Offshore Wind with Dogger Bank

North Star Makes Grand Entrance into Offshore Wind with Dogger Bank

Aberdeen-based company North Star Renewables has won the tender for the delivery of three service operation vessels (SOVs) for the...
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Tangier Med Takes Mediterranean Top Container Port Crown In 2020

Tangier Med Takes Mediterranean Top Container Port Crown In 2020

There was close competition for the title of the Med’s largest container terminal last year with Tangier Med in Morocco...
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Taiwan’s Wan Hai Launches Aggressive Expansion With $1.5B In Orders

Taiwan’s Wan Hai Launches Aggressive Expansion With $1.5B In Orders

Taiwan-based Wan Hai Lines is continuing its fleet renewal and expansion program announcing another $1 billion in new construction orders...
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India’s Oil Diversification Could Be Good News For Tankers

India’s Oil Diversification Could Be Good News For Tankers

Diversification of India’s oil sources could be positive news for tanker ton-mile demand, according to Poten & Partners. India’s government...
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KSOE Lands Shipbuilding Orders Worth $724 Million

KSOE Lands Shipbuilding Orders Worth $724 Million

South Korea’s largest shipbuilder Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won fresh orders worth 823 billion won ($724...
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ABS Launches Smart Emissions Reporting Tool

ABS Launches Smart Emissions Reporting Tool

ABS has added another smart digital tool to its industry-leading environmental compliance support for shipowners and operators. ABS Emissions Reporter™...
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Growing Support Seen For Industry R&D Decarbonisation Fund Proposal At IMO

Growing Support Seen For Industry R&D Decarbonisation Fund Proposal At IMO

An industry proposal for a $5bn research fund to decarbonise shipping submitted to the International Maritime Organization (IMO) last week...
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Panama Calls Market Consultation On LRIT Operations

Panama Calls Market Consultation On LRIT Operations

The Panama Maritime Authority (AMP) is seeking potential partners for Long-Range Identification Tracking System (LRIT) for the country’s ship registry....
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OPEC Keeps Eyes On The Price Amid Texas Storm Impact, Saudi Attack

OPEC Keeps Eyes On The Price Amid Texas Storm Impact, Saudi Attack

Little wavering from OPEC and its partner nations on supply curbs is expected in the near future after the cartel...
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International Seaways Orders Three LNG Dual-Fuel VLCCs For Shell Charters

International Seaways Orders Three LNG Dual-Fuel VLCCs For Shell Charters

New York-based International Seaways has ordered three LNG dual-fuel VLCCs from Daewoo Shipbuilding & Marine Engineering (DSME). The newbuilding are...
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Piraeus Retains Largest Med Port Crown In 2020

Piraeus Retains Largest Med Port Crown In 2020

Piraeus retained its position as the Mediterranean's leading container hub in 2020 by the narrowest of margins and remains Europe's...
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CMA CGM Reports 4% Reduction In Overall Emissions In 2020

CMA CGM Reports 4% Reduction In Overall Emissions In 2020

French container line CMA CGM saw a 4% reduction in overall emissions last year compared to 2019. CMA CGM said...
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Bill Gates’ Venture Fund Backs High-Efficiency Green Hydrogen Startup

Bill Gates’ Venture Fund Backs High-Efficiency Green Hydrogen Startup

Bill Gates' Breakthrough Energy Ventures (BEV) has completed a $22 million investment round for Israeli green hydrogen startup H2Pro, which...
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Crude-Oil Price Overhaul Hits Delay Amid Shipping-Cost Uproar

Crude-Oil Price Overhaul Hits Delay Amid Shipping-Cost Uproar

Plans for the biggest overhaul in decades of how international oil prices are measured are being put on hold following...
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No Respite For Tanker Owners Until The Second Half Of 2021

No Respite For Tanker Owners Until The Second Half Of 2021

All hope for the tanker market’s recovery is rested on the second half of the year, when oil demand is...
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SELKIE Puts Out Innovation Survey For Offshore Renewables Sector

SELKIE Puts Out Innovation Survey For Offshore Renewables Sector

The EU-backed SELKIE project has designed a detailed industry survey whose aim is to get essential direction on the development...
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Pirates Kidnap 15 Seafarers From Product Tanker Offshore Nigeria

Pirates Kidnap 15 Seafarers From Product Tanker Offshore Nigeria

According to reports the 19,800 dwt product tanker with a crew of 21 onboard was sailing from Latvia to Delta...
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Zero-emission fuels need to make up 5% of the fuel mix by 2030

Zero-emission fuels need to make up 5% of the fuel mix by 2030

Zero-emission fuels need to make up 5 percent of the international shipping fuel mix by 2030 to enable decarbonization in...
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A Road To Recovery For Product Tankers

A Road To Recovery For Product Tankers

Lead shipping analyst at Jefferies Inc., Randy Giveans  wrote in his recent research report on the products sector: “We believe...
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