News Flash
Dry Bulk Market: Capesize Market In Reverse Mode
Capesize The Capesize market was grasping for a bullish story this week as a possible mid-week rally fell flat. Following...
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OOIL Orders Seven 23,000 TEU Boxships At Cosco Shipyards
Seven indirect wholly-owned subsidiaries of OOIL respectively entered into the shipbuilding contracts with Dalian Cosco KHI Ship Engineering for the...
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“Hero at sea” Wins ITF Seafarers’ Trust Photography Competition
The ITFST has announced the winners of the Still At Sea photography competition, which invited seafarers to submit digital photos...
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Centre Proposes Mandating License For Foreign Vessels Engaged In Coastal Shipping In India
Foreign vessels engaged in coastal shipping in India may be required to obtain a license from the Director General...
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ECB Survey See Lower Growth, Inflation Next Year
The euro zone economy may shrink less this year than feared but its rebound is also likely to be more...
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CMA CGM Takes Delivery Of 2nd LNG-powered 23,000 TEU Giant
The CMA CGM Champs Elysees has joined CMA CGM Group’s fleet as the company’s second 23,000 TEU containership powered by...
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170 Ships Sold for Scrap During the Third Quarter of 2020
There were a total of 170 ships broken in the third quarter of 2020. Of these, 110 ships were sold...
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DNV GL Hits Remote Survey Hat Trick With 20K Surveys, 2-year Anniversary And New Operational Centre
A new state-of-the-art Operational Centre to support the delivery of remote services to maritime customers has been launched in Hamburg,...
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Hapag-Lloyd Postpones November Trans-Pacific Container Rate Hike
German container shipowner Hapag-Lloyd will postpone its Nov. 1 rate hike for East Asia to North America route until Dec....
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Lloyd’s Register Launches Dedicated Maritime Decarbonisation Hub
LR has launched a dedicated centre of excellence to accelerate the safe, sustainable and cost-effective decarbonisation of world shipping in...
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Researchers Explore Concept for UK Zero Carbon Costal Shipping Network
A team of UK maritime researchers have set out their vision for a fleet of zero carbon coastal ships to...
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IMO and Republic of Korea Partner to Address Ships’ GHG Emissions
The Republic of Korea and the International Maritime Organization (IMO) have signed an agreement to establish a training programme to...
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EXMAR Reports Third Quarter Operating Results Of $22 Million On Solid Midsize Gas Carrier Market
The Executive Committee of EXMAR NV reports its third quarter results 2020. Highlights • The operating result (EBIT) in the...
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U.S. Oil Production Will Not Return Soon To Pre-pandemic Levels, Energy Secretary Says
U.S. Energy Secretary Dan Brouillette said on Wednesday he does not expect U.S. oil production to return soon to pre-pandemic...
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Crews Stranded in Italy Repatriated with Support of Maritime Charity
The global maritime charity Stella Maris is reporting a successful effort at repatriating seafarers who had found themselves stranded in...
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60 Stranded Fishermen Return to South Africa
The South African Maritime Safety Authority (SAMSA) reported the successful conclusion of South Africa’s biggest sea rescue mission in over...
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Decaying Oil Tanker Off Yemen Threatens Environmental Disaster
The satellite image above shows a decaying floating storage and offloading (FSO) facility moored off Yemen’s west coast, threatening to...
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Cochin Shipyard Signs MoU With Fincantieri
Cochin Shipyard and Fincantieri, one of the world’s largest shipbuilding groups, signed a Memorandum of Understanding for co-operation in the...
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MPA Launches Request For Proposal For New LNG Bunker Supplier Licence
The Maritime and Port Authority of Singapore (MPA) has launched a request for proposal (RFP) today for parties seeking to...
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ClassNK Has Granted Its First “Digital Smart Ship(DSS)” Notation For LNG-Fueled PCTC “SAKURA LEADER”
Leading Classification Society ClassNK has granted its “Digital Smart Ship(DSS)” notation for “SAKURA LEADER”, LNG-fueled PCTC which was ordered to...
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