Sector
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Thirteen countries sign crew change pact
Thirteen countries have agreed to new international measures to open up foreign borders for seafarers and increase the number of…
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UN secretary-general calls for shipping bailouts to be tied to the Paris Agreement
The United Nations secretary-general António Guterres has suggested any bailouts for shipping ought to be tied to commitments to the Paris…
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Unique lever: Unilever’s net zero emissions commitment forces shipping change
Chief correspondent Jason Jiang assesses what Unilever’s recent net zero emissions commitment for all its products by 2039 means for…
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Short-term GHG measures jostle for position at IMO
The International Maritime Organization’s (IMO) week-long informal, virtual discussions with stakeholders over short-term measures to cut greenhouse gas emissions from…
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Vogemann touts new blockchain-based handy Green Deal
German shipping company Vogemann has started a new way of financing, using blockchain-based Green Shipping Token to expand its fleet of bulk…
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TEN orders suezmax shuttle tanker trio for long-term charter deal
Greek tanker giant Tsakos Energy Navigation (TEN) says that it has ordered three suezmax DP2 shuttle tankers in South Korea,…
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Namsung Shipping orders feeder boxship pair at Dae Sun
South Korean boxship operator Namsung Shipping has placed an order at domestic yard Dae Sun Shipbuilding for the construction of…
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Castor Maritime seals fixture with Oldendorff for newly acquired panamax
Greek Nasdaq-listed panamax bulker owner Castor Maritime has entered into a new time charter agreement with Oldendorff Carriers for its newly…
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Noble Corporation secures a series of new contracts
Offshore driller Noble Corporation has secured a series of new contracts and extensions according to the company’s latest fleet status…
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Transocean to lay off 110 workers as contracts dry up
Offshore driller Transocean is planning to lay off up to 110 workers as it is unable to secure a new…
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Keystone Shipping lays up three Great Lakes bulkers and lays off 94 employees
Pennsylvania-based Great Lakes bulker operator Keystone Shipping has sent three of nine bulkers in its fleet into layup due to…
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Polarcus awarded survey project by Eni
Dubai-based offshore seismic player Polarcus has been awarded a contract by Eni for 3D seismic data acquisition services in Asia…
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Ship orders plummet to lowest level seen this century
New shipbuilding orders in the first half declined 57% to the lowest levels seen this century, according to data from…
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Zhejiang Satellite Petrochemical in negotiations for more VLECs at Korean yards
Zhejiang Satellite Petrochemical is currently in talks with South Korean yards for the construction of more VLECs in order to…
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Reading into the Cosco, Alibaba tie-up
News carried on this site on Tuesday that Chinese state-run shipping giant Cosco Shipping has entered into an agreement with…
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Shipbroker teams with Microsoft to unlock answers to the chemical trades
Chemical tanker brokers SPI Marine have teamed with Microsoft in a bid to bridge the gap between data and decision-making…
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Weekly Broker: Cape scramble
The dry bulk sale and purchase market has stayed bullish this past week with large size vessels being the main…
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CMA CGM joins fight to stop illicit trafficking in protected species
French container shipping line CMA CGM is joining the fight to stop illicit trafficking of protected species. As part of…
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CSSC Shipping orders product tanker pair for Louis Dreyfus charter
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has placed an order at Chengxi Shipyard for the…
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K Line targets more FPSO business with Yinson and Sumitomo
Japan’s Kawasaki Kisen Kaisha (K Line) is joining compatriot Sumitomo Corporation and Malaysia’s Yinson Holdings, taking a 10% stake in an…
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