Region
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BW LPG looks to bank $50m from Indian venture as it offloads six VLGCs
Oslo-listed BW LPG has divested six very large gas carriers (VLGCs) and is said to be in advanced talks with…
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Filhet-Allard Maritime acquires controlling stake in Latitude Brokers
Filhet-Allard Maritime, the France-based leading insurance broker for the commodities trading, shipping and industry markets, has acquired a controlling stake…
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Another lockdown at Ningbo has exporters on edge
More than 300,000 people have been tested for coronavirus in a district in the port city of Ningbo, following an…
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Port congestion prompts carriers to drop a quarter of all North European calls from Asia – Europe deepsea loops
The 18 Asia – North Europe loops operated by the three mega alliances have skipped a total of 383 port…
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Beijing backs battered real estate sector, cape rates surge
The decision by the People’s Bank of China to cut the reserve requirement ratio by 0.5 percentage points this week…
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New report seeks changes to the EU’s cap-and-trade mechanism for shipping
A new study undertaken by UK consultancy UMAS to evaluate the effectiveness of the potential inclusion of shipping in the…
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Sewage from cargo ships turned into biogas
Sewage from cargo ships may be legally discharged into the Baltic Sea, although it accelerates eutrophication. The Baltic Sea Action…
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K Line showcases ammonia-fuelled car carrier design
Kawasaki Kisen Kaisha (K Line) and Shin Kurushima Dockyard have gained an approval in principle from ClassNK for a concept…
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Vietnam Maritime reenters overseas trades
Vietnam Maritime Corporation (VIMC), the flagship carrier of Vietnam, formerly called Vinalines, has reentered overseas trades, following many years of…
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Port of Savannah to add extra 1.6m teu capacity by June
The Georgia Ports Authority (GPA) plans to expedite the completion of 1.6m twenty-foot equivalent container units in annual capacity. By…
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Siemens Gamesa and Strohm set about developing pipelines to ship hydrogen from offshore wind farms
Wind turbine manufacturing giant Siemens Gamesa has signed a memorandum of understanding with thermoplastic composite pipe specialist Strohm to develop…
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McDermott wins three contracts from Saudi Aramco
Houston-headquartered McDermott has been awarded three new contracts by Saudi Aramco for offshore engineering, procurement, construction and installation (EPCI) projects.…
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Wood secures FEED contracts in Saudi Arabia
UK consulting and engineering firm Wood has secured a multi-million dollar contract with Saudi Aramco to deliver engineering and project…
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Dutch investing in methanol retrofit research
A Dutch consortium of shipowners, yards, suppliers of specialist maritime equipment and knowledge institutions will retrofit six different vessel types…
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Diligent confirms exit from Imabari 28s
Diligent Holdings have confirmed the delivery of all five of its Imabari 28s to a range of international clients, despite…
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X-Press Pearl salvage operation to get underway
X-Press Feeders, operators of the container ship , has signed a contract with Shanghai Salvage Company (SCC)for the removal of…
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Norden starts issuing carbon emissions reports for every voyage
Danish shipowner Norden is now providing all customers with a carbon emissions estimate prior to every freight transport, as well…
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Crowley commits to net-zero greenhouse gas emissions by 2050
Privately held US company Crowley, a logistics, government, marine and energy solutions company has committed to net-zero greenhouse gas emissions…
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Castor Maritime grows tanker fleet as it charters out two bulkers
Nasdaq-listed Castor Maritime has returned to the secondhand sale and purchase market with a deal to acquire an aframax LR2…
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Diana Shipping fixes newcastlemax to Koch at improved rate
Diana Shipping has secured close to $10,000 more per day in a new deal with Koch Shipping for its newcastlemax…
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