News Flash

India Announces $82B Port Infrastructure Plan

India Announces $82B Port Infrastructure Plan

India's government has announced a long-term $82 billion plan to invest in the nation's seaports. Speaking at the Maritime India...
Read More
Hapag-Lloyd Opens New Office In Kenya’s Capital Nairobi

Hapag-Lloyd Opens New Office In Kenya’s Capital Nairobi

Hapag-Lloyd has opened a new office in Kenya’s capital Nairobi added to its main business in the country managed from...
Read More
IMO Publishes Guidelines To Port State Control For On-Board Fuel Oil Sampling

IMO Publishes Guidelines To Port State Control For On-Board Fuel Oil Sampling

The 75th session of International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 75) has in November 2020 adopted amendments...
Read More
Great Eastern Shipping, Foresight Lead List Of Contenders In SCI’s Privatisation

Great Eastern Shipping, Foresight Lead List Of Contenders In SCI’s Privatisation

Great Eastern Shipping Co and the London-based Foresight Group are among the leading names that have put in bids to...
Read More
CMA CGM Takes An Equity Stake In TTIA Container Terminal In Algeciras

CMA CGM Takes An Equity Stake In TTIA Container Terminal In Algeciras

French shipping and logistics major CMA CGM Group has through its CMA Terminals subsidiary acquired a 50% interest minus one...
Read More
FSL Trust Refinances 5 Tankers

FSL Trust Refinances 5 Tankers

FSL Trust Management, the trustee-manager of First Ship Lease Trust, has secured a deal with an unnamed Taiwanese financial institution...
Read More
Port Of Santos Approved To Berth 14,000 Teu Containerships

Port Of Santos Approved To Berth 14,000 Teu Containerships

The Brazilian Navy has given the Port of Santos approval to receive vessels of 366 m in length, equating to...
Read More
Pacific Hub Ports Concept Explored For Regional Crew Change And Repatriation

Pacific Hub Ports Concept Explored For Regional Crew Change And Repatriation

The concept of “hub” ports to receive, quarantine, test for COVID-19 and potentially vaccinate seafarers in the Pacific region was...
Read More
DP World Starts Operations Of Multipurpose Terminal At Port Of Luanda

DP World Starts Operations Of Multipurpose Terminal At Port Of Luanda

DP World has today begun operation of the Multipurpose Terminal (MPT) at the Port of Luanda. The MPT was handed...
Read More
TORM Purchases Eight MR Product Tankers With Chemical Trading Capabilities From TEAM Tankers In A Partly Share-Based Transaction

TORM Purchases Eight MR Product Tankers With Chemical Trading Capabilities From TEAM Tankers In A Partly Share-Based Transaction

TORM on March 1, entered into an agreement to purchase eight 2007-2012 built MR product tanker vessels from TEAM Tankers...
Read More
Hambantota Port In Wholesale Bunker Supply Partnership With Sinopec

Hambantota Port In Wholesale Bunker Supply Partnership With Sinopec

Hambantota International Port (HIP) has launched the wholesale supply bunker fuels with Sinopec which it believes will bring competitive pricing...
Read More
61 MoUs Signed By DG Shipping Ahead Of Maritime India Summit 2021

61 MoUs Signed By DG Shipping Ahead Of Maritime India Summit 2021

‘THE ROAD SHOW & MoU SIGNING CEREMONY’ organized by the Directorate General (DG) Shipping on Saturday, 27th February 2021 was...
Read More
Container Line Schedule Reliability At Record Low For 6th Month Running

Container Line Schedule Reliability At Record Low For 6th Month Running

Container line schedule reliability fell to its lowest level for the sixth consecutive month according to Sea-Intelligence. Global container line...
Read More
Dry Bulk Market: Capesizes Experience Mild Downward Slide This Week

Dry Bulk Market: Capesizes Experience Mild Downward Slide This Week

Capesize The market took on a mild downward slide during this week with the 5TC opening at $14,224 to close...
Read More
Port Of Corpus Christi, Port Of Rotterdam Join Forces

Port Of Corpus Christi, Port Of Rotterdam Join Forces

The U.S. energy export gateway Port of Corpus Christi has teamed up with the Port of Rotterdam to improve their...
Read More
Total Granted LNG Bunkering License In Singapore

Total Granted LNG Bunkering License In Singapore

The Maritime and Port Authority of Singapore (MPA) said it has granted its third LNG bunker supplier license to Total...
Read More
China Seeks To Accelerate Green Economy Including Shipping And Ports

China Seeks To Accelerate Green Economy Including Shipping And Ports

China’s State Council released a guideline to further accelerate the development for a green and low-carbon economy, including the ports,...
Read More
SCI Conducted A Virtual Conference Introducing The 2nd Maritime India Summit – 2021

SCI Conducted A Virtual Conference Introducing The 2nd Maritime India Summit – 2021

On February 25, Shipping Corporation of India (SCI) virtually introduced the upcoming 2nd Maritime India Summit 2021, which will be...
Read More
India’s Average Ship Turnaround Time At Major Ports Improves

India’s Average Ship Turnaround Time At Major Ports Improves

The average turnaround time for ships at major ports in India has reduced by 35 percent over the last six...
Read More
Minerva Marine Refutes Involvement In Oil Spill In Israel

Minerva Marine Refutes Involvement In Oil Spill In Israel

Greek shipping company Minerva Marine has denied any links to last week’s oil pollution along the coast of Israel, which has resulted...
Read More