On March 2, 2019, in South Korea, two Post-Panamax containerships were damaged in a collision at Busan New Port. Safmarine Nokwanda, a 4,500 TEU vessel…
A passenger aboard the P&O Cruises, owned by m/v Arcadia was medically evacuated in the early morning while the ship was sailing off the coast of…
Incat Crowther, ship designer, has got an order to design a 1000-passenger ro-pax ferry for operation between mainland China and Taiwan. As informed by the…
Irish boat builder Safehaven Marine has signed contracts with two Spanish ports simultaneously. Interceptor 42 pilot vessel for the port of San Ciprian and an…
Maersk Tankers will invest into 4 scrubbers which will be installed on selected long range 2 (LR2) vessels within the company’s product tanker fleet. The…
NYK has ordered a new wood-chip carrier from Oshima Shipbuilding according to the terms of a long-term contract with Mitsubishi Paper Mills Limited (MPML). New…
CMA CGM is launching a USD 1.2 billion cost reduction plan despite record revenues seen in 2018. Company intends to achieve the objective of improving…
Corvus Energy has signed a contract with Norwegian Electric Systems (NES) for the marine world’s largest battery package for hybrid-powered vessels. This is a big…
Shanghai Zhenhua Heavy Industries (ZPMC) will pump 419.9 million (USD 62.8 million) worth into COSCO shares according to the signed share subscription agreement. ZPMC and COSCO plan…
SEA\LNG believes that the usage of LNG is the real way to achieve the IMO 2050 greenhouse program plan. LNG can and does solve the air…
Norwegian shipowner MPC Container Ships (MPCC) widened its net loss in the quarter ended December 31, 2018, amid a number of geopolitical and economic factors. The company’s…
Ship Finance International Limited (SFL), Bermuda-based shipowner, invested USD 1.2 billion in new assets in 2018, continuing its fleet renewal efforts. These transactions added USD…
World Fuel Services (WFS) has, through its subsidiary Gib Oil Limited, extended its bunkering capacity in the port of Gibraltar. The company added two barges, dedicated…
The European Parliament and Council have agreed on a regulation establishing a European Maritime Single Window, to the approval of industry groups. The creation of…
Additional 300,000 tonnes class (VLCC) crude oil terminal will be built in Rizhao port of Shandong province, to improve its crude oil transportation service. The…
E-commerce platform Ladingo was invested by Container line ZIM. New digital offers a shipping solution to international customers buying large and bulky items. Ladingo had…
According to the plan to increase handling capacity of Ningbo-Zhoushan port, authority expands it’s area. The expansion project includes a new container berths. Container handling capacity…
Wanhua Chemical Group is the leading Chinese chemical industry player in China. Memorandum of Understanding with ADNOC Logistics & Service targeted at the developing of LPG shipping…
The major bunkering UAE port of Fujairah has made 0.5% low sulphur bunker fuel available this month, well ahead of the IMO 2020 global fuel…
M/v Solomon Trader has spilled 60 tonnes of oil, which ran aground the reef in the Solomon Islands, local media cited the Australian Maritime Safety Authority. A…
