News

Thailand Embarks on USD 1.3 Bn Port and LNG Terminal Project

Thailand is set to receive a THB 40.9 billion (USD 1.3 billion) port and gas terminal on its east coast, the country’s Industrial Estate Authority (IEAT) said on October 1

Rosneft Starts Low-Sulphur Fuel Bunkering in Russia’s Far East

RN-Bunker LLC, a subsidiary of Russia’s petroleum company Rosneft, has launched bunkering operations with RMLS 40 in the country’s Far East.

UAE Shipping Association Joins International Chamber of Shipping

The United Arab Emirates Shipping Association (UAESA) joined the International Chamber of Shipping (ICS) during the Seatrade Shiptech event at the Madinat Jumeirah, Dubai, UAE.

Hapag-Lloyd Ships Will Not Use Arctic Sea Routes

German shipping major Hapag-Lloyd will not use the Arctic shipping passages which are now open as the sea ice in the Arctic is melting.

HMM, DSME Team Up on Smart Ship Development

South Korea’s container shipping major Hyundai Merchant Marine and Daewoo Shipbuilding and Marine Engineering have joined forces on the research, development and innovation in the field of smart ship technologies.

Japan Embarks on Carbon-Free Fuel Combustion Engine Research

Japan’s National Maritime Research Institute (NMRI) will work with Japan Engine Corporation (J-ENG) on developing a system for the combustion of carbon-free fuel as a way of contributing to decarbonization.

Chbahar Port with advanced equipment; Ready to receive vessels from all shipping lines

Managing Director of PMO announced: By providing infrastructure, marine access and new equipment, Chabahar Port is capable of receiving large-sized vessels

Drewry: Carriers, Shippers to Benefit from Future Online Platforms

Online technology platforms where shipping lines and their customers can negotiate forward contracts could help improve vessel utilisation levels and reduce freight rate volatility, a joint study by Drewry and CyberLogitec showed.

WSC to Propose New IMO Entity for Developing Fuels of the Future

The World Shipping Council (WSC) revealed plans to propose the creation of an international research and development entity that would identify a new generation of marine fuels.

New European Project to Develop Smart Navigation Systems for Ships

A consortium of Swedish, Norwegian and German partners has been given the go-ahead for their research and innovation project Prepare Ships that is expected to increase safety and efficiency in shipping.