News Flash

MOL Has Decided To Establish ‘MOL PLUS’ As Corporate Venture Capital Fund

MOL Has Decided To Establish ‘MOL PLUS’ As Corporate Venture Capital Fund

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it determined to establish its wholly-owned Corporate...
Read More
DHT Renews Fleet With Scrubber-Fitted, Eco-Design Duo

DHT Renews Fleet With Scrubber-Fitted, Eco-Design Duo

DHT Holdings, Inc. has entered into an agreement to acquire two very large crude carriers (VLCCs) built in 2016 at...
Read More
SpaceX Converts Two Ultra-Deepwater Rigs Into Rocket Launch Pads

SpaceX Converts Two Ultra-Deepwater Rigs Into Rocket Launch Pads

Commercial space flight operator SpaceX has purchased two oil rigs from Valaris for conversion into seagoing rocket launch pads, according...
Read More
Brazil Includes Port Workers In Priority Group To Receive Covid-19 Vaccine

Brazil Includes Port Workers In Priority Group To Receive Covid-19 Vaccine

Brazil is the first country in the Americas to include port workers, as well as other transport professionals in Brazil,...
Read More
Russian Arctic Tanker Reported To Experience Propulsion Problem

Russian Arctic Tanker Reported To Experience Propulsion Problem

Russian media is reporting one of the NOVATEK ice-class Arctic LNG tankers chartered by the Yamal LNG project making late-season...
Read More
Norsepower: World’s 1st Tiltable Rotor Sails Installed On SEA-CARGO RoRo

Norsepower: World’s 1st Tiltable Rotor Sails Installed On SEA-CARGO RoRo

Norsepower, a Finland-based provider of auxiliary wind propulsion systems, has successfully installed two 35-metre tall Rotor Sails for SEA-CARGO, a...
Read More
Dozens Of Bulkers Remain Stranded Off China As Coal Standoff Drags On

Dozens Of Bulkers Remain Stranded Off China As Coal Standoff Drags On

At this point in the COVID-19 pandemic, seafarers have become all too used to bureaucratic obstacles to crew change. But...
Read More
Hapag-Lloyd Adds Extra Services To Ease India Disruptions

Hapag-Lloyd Adds Extra Services To Ease India Disruptions

Hapag-Lloyd has announced it is adding additional services to ease the build-up of containers in India and also to improve...
Read More
COVID-19, Energy Transition Hit Transshipment At Port Of Amsterdam

COVID-19, Energy Transition Hit Transshipment At Port Of Amsterdam

For the first time in several years, the Port of Amsterdam saw a significant decline in transshipment volumes in 2020,...
Read More
Singapore To Vaccinate Over 10,000 Frontline Maritime Workers By End Of January

Singapore To Vaccinate Over 10,000 Frontline Maritime Workers By End Of January

Singapore has become one of the first nations to prioritize COVID-19 vaccinations of frontline maritime personnel as part of its...
Read More
Avance Gas Orders Two More Dual-Fuel VLGCs At DSME

Avance Gas Orders Two More Dual-Fuel VLGCs At DSME

Norway-based shipping firm Avance Gas Holding has ordered two 91,000 cbm, liquefied petroleum gas (LPG) dual-fuel very large gas carriers...
Read More
Last-Minute Terror Designation Endangers Food Lifeline For Yemen

Last-Minute Terror Designation Endangers Food Lifeline For Yemen

A U.S. State Department decision to blacklist Yemen's Houthi rebel group may interfere with efforts to prevent a massive spill...
Read More
KVH Adds Remote Expert Intervention To Its Maritime IoT Service

KVH Adds Remote Expert Intervention To Its Maritime IoT Service

Mobile connectivity provider KVH reports that it has reached an agreement with marine technical services company Kilo Marine to deliver...
Read More
The Panama Maritime Review: Celebrating 20 Years

The Panama Maritime Review: Celebrating 20 Years

The new issue of the Panama Maritime Review 2020-2021 celebrates 20 years of publication. It has become a most comprehensive...
Read More
Frank Coles, CEO Of Wallem Group, Resigns

Frank Coles, CEO Of Wallem Group, Resigns

Frank Coles, Chief Executive Officer of the Wallem Group, has resigned and will be leaving the Wallem Group shortly, the...
Read More
Baltic Index Marks 5th Straight Weekly Gain On Capesize Strength

Baltic Index Marks 5th Straight Weekly Gain On Capesize Strength

The Baltic Exchange’s main sea freight index retreated on Friday, but still notched up an over 9% weekly rise driven...
Read More
Number-Two Ocean Carrier Joins Partnership On Hydrogen Fuel R&D

Number-Two Ocean Carrier Joins Partnership On Hydrogen Fuel R&D

Joining global shipping giants like NYK and CMA CGM, number-two ocean carrier MSC has recently joined the Hydrogen Council. MSC...
Read More
Total Withdraws From Membership In American Petroleum Institute

Total Withdraws From Membership In American Petroleum Institute

The French oil major Total has ended its membership in the American Petroleum Institute, the industry and lobbying group representing...
Read More
Port Of Felixstowe To Trial 5G

Port Of Felixstowe To Trial 5G

Hutchison Ports Port of Felixstowe is about to deploy 5G technology and the Internet of Things (IoT) as part of...
Read More
ABS Joins International Windship Association

ABS Joins International Windship Association

American Bureau of Shipping (ABS) has joined the International Windship Association (IWSA), the not-for-profit organisation that promotes and helps facilitate the...
Read More