Operations
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ClarkSea Index hits 2021 high sitting at twice the ten-year trend
The cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership and gas carrier earnings managed by Clarkson Research…
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Europe presses ahead with marine battery R&D
Current Direct is a new three-year project which has received grant funding from the European Commission’s Horizon 2020 programme. The…
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Chinese seafarers land knockout jab in crewing crunch, wage bill spikes
Wage demands for Chinese seafarers are skyrocketing as they become a hot, jabbed commodity, replacing many Indian and Filipino crews…
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UN initiative calls on cargo owners to help safeguard seafarers
An extensive human rights checklist for cargo owners and charterers was launched on Thursday amid concerns that the number of…
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Norwegian oil companies agree wage deal with labour unions
Norwegian oil firms have come to a wage agreement with workers, three labour unions and an industry body confirmed this…
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Decreasing water levels on Parana River threaten to further disrupt shipping
For at least the last year, water levels in the Parana River have been an issue, forcing carriers to reduce…
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Crew change crisis tipped to be worse than last year
With many of the world’s top hub ports raising barriers to anyone who has been to South Asia recently there…
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Uni-Tankers details way to slash fuel use by 12%
Uni-Tankers has found way to slash its fuel bill across its fleet. Ten months of test sailing using Frugal Propulsion…
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Economics of ammonia-ready ships questioned
Asiatic Lloyd has signed for two firm ammonia-ready 7,100 teu boxships. The deal with Dalian Shipbuilding Industry Co for the…
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Columbia Shipmanagement sets up Norwegian joint venture with Seatrans
Columbia Shipmanagement (CSM) has entered into a strategic partnership with Norwegian shipowner and operator Seatrans to establish a joint venture…
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Shipping unites to raise funds for India
Seafarer welfare charities and shipping industry players have launched an emergency relief fund in order to support seafarers and their…
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Scottish university develops new fuel-saving rudder system
A new rudder system, designed at the University of Strathclyde in Scotland, will be demonstrated as part of a €6m…
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Wintershall terminates rig contract with Northern Ocean
Germany’s Wintershall Dea has sent a contract termination notice to Northern Ocean, a spin-off company of Northern Drilling, for the…
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Puget LNG and GAC Bunker Fuels team up on Tacoma LNG bunkering
US-based Puget LNG and GAC Bunker Fuels, a division of the Dubai-based GAC, have teamed up to supply LNG marine…
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Lightering of rammed suezmax off Qingdao almost completed
Attempts to unload the cargo from an NGM Energy-owned suezmax tanker that leaked oil into the Yellow Sea near the…
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Axess secures FPSO services contract with Altera Infrastructure
Norwegian engineering and integrity solutions company Axess has signed an offshore support services contract with Altera Infrastructure. The long-term global contract will see Axess provide offshore support services to FPSO assets located…
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Tanjung Offshore awarded Petronas contract
Malaysian offshore service provider Tanjung Offshore, part of T7 Global, has received a work order award from Petronas for the…
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Sweden maps details of new box facility
Nordic construction and engineering company Peab has secured a SEK249m ($29.5m) contract from SCA Logistics to build a new container…
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Northern Offshore boosts offshore wind fleet with Wilson Offshore quartet
CTV operator Northern Offshore Services (N-O-S) is increasing its offshore wind offering with larger offshore supply vessels by taking over…
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Petrobras seeks ninth floater for Búzios field
Brazilian oil major Petrobras has initiated the bidding process for the acquisition of a new floating production storage and offloading…
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