News Flash

Port Of Los Angeles Loaded Container Import-Export Imbalance Hits 4:1

Port Of Los Angeles Loaded Container Import-Export Imbalance Hits 4:1

The Port of Los Angeles saw the imbalance between loaded container imports and exports hitting record levels in February. Presenting...
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CMA CGM Expands China Inland Services

CMA CGM Expands China Inland Services

CMA CGM is strengthening its inland service in China through a new joint venture with CIMC Modern Logistics at the...
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BIMCO: Scrubber-Fitted Ships Nearly Double In 15 Months

BIMCO: Scrubber-Fitted Ships Nearly Double In 15 Months

Since January 1, 2020, the number of scrubber-fitted ships has nearly doubled from 2,011 ships to 3,935 by March 1,...
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Seanergy Maritime Holdings Corp. To Acquire Two Additional Capesize Vessels

Seanergy Maritime Holdings Corp. To Acquire Two Additional Capesize Vessels

Seanergy Maritime Holdings Corp. announced that it has entered into agreements with unaffiliated third parties to purchase two Capesize vessels....
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Wilson Sons Invests In An Israeli Startup Of Port Technology

Wilson Sons Invests In An Israeli Startup Of Port Technology

Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, acquired a minority equity participation at Docktech, an...
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Hapag-Lloyd Continues Container Consolidation With NileDutch Acquisition

Hapag-Lloyd Continues Container Consolidation With NileDutch Acquisition

Continuing the trend of consolidation in container shipping Hapag-Lloyd has acquired Africa specialist NileDutch. Hapag-Lloyd is acquiring 100% of the...
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MOL Announces Issuance Of Publicly Offered Hybrid Corporate Bonds

MOL Announces Issuance Of Publicly Offered Hybrid Corporate Bonds

Mitsui O.S.K. Lines, Ltd. on March 17, announced the submission of an amended version of the shelf registration statement regarding...
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DP World Callao In Peru Gets Approval For $333.6m Expansion

DP World Callao In Peru Gets Approval For $333.6m Expansion

Peru’s National Port Authority (APN) has approved the technical works files of Phase 2 and additional investments of the New...
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Lack of Tonnage Hinders Scrapping Activity

Lack of Tonnage Hinders Scrapping Activity

A lack of available tonnage has proven to be a hindrance when it comes to increasing ship recycling activity. In...
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Ship Repair Sector Returns to Normalcy

Ship Repair Sector Returns to Normalcy

The ship repair sector faced significant disruptions during most of 2020, as a result of the pandemic. However, things are...
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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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