Seaspan, COSCO Shipping Energy to Jointly Explore LNG Opportunities
Hong Kong-based charter owner and operator Seaspan Corporation has signed a framework agreement for strategic cooperation with China’s transportation company COSCO Shipping Energy Transportation.
UAE Bans Two Tankers from its Waters after Illegal Ship-to-Ship Oil Transfers
The United Arab Emirates Federal Transport Authority (FTA) has banned two tankers from entering its waters on the grounds of illegal ship-to-ship oil transfer operations.
Samsung Heavy, Wärtsilä Team Up on LNG Carrier, Shuttle Tanker Solutions
South Korean shipbuilder Samsung Heavy Industries and technology group Wärtsilä are joining forces to develop more efficient solutions for LNG carriers and shuttle tankers.
Drewry: IMO 2020 to Fuel M&A Activity among Carriers?
Financially vulnerable carriers could be pushed into M&A by the extra costs associated with the new low-sulphur fuel law, according to shipping consultancy Drewry.
MPA, Fujitsu Test AI Ship Collision Risk Prediction Technology
The Maritime and Port Authority of Singapore (MPA Singapore) and Japanese information and communication technology (ICT) company Fujitsu have concluded a field trial in analyzing marine traffic risks in the Singapore Strait.
Qatar to Release LNG Carrier Shipyard Tender in a Few Weeks
Qatar would soon release its tender for new liquefied natural gas (LNG) carriers, according to Saad Sherida Al-Kaabi, the country’s energy minister and the CEO of Qatar Petroleum.
Expanded Panama Canal Marks 1,000 Days of Operations
The Expanded Panama Canal commemorated its 1,000th day in operation on March 22, marking a milestone for the waterway that continues to redefine world trade routes and exceed expectations.
EIA: Sulphur Cap to Extensively Affect Shipping, Refining
The International Maritime Organization’s (IMO) 2020 sulphur cap will have wide-ranging repercussions for the global refining and shipping industries as well for petroleum supply, demand, trade flows, and prices.
India’s Navayuga Container Terminal Reaches 500,000 TEU Milestone
India’s Navayuga Container Terminal (NCT) achieved a milestone as it handled 500,000 TEUs for the first time in a financial year.
Shipping Industry Job (In)Security Causes Concern to Employees, Study Reveals
Over half of shore-based maritime employees are actively looking to change jobs and nearly two-thirds are worried about job security, a new survey shows.
Japan Becomes Tenth Member of IMO’s Hong Kong Convention
Japan has joined The International Maritime Organization’s (IMO) Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships
Samsung Heavy Launches First of Four Teekay E-Shuttle Tankers
South Korean shipbuilder Samsung Heavy Industries (SHI) has launched Aurora Spirit, the first of four shuttle tankers it is building for Bermuda-based Teekay Offshore Partners.
APL to Support The Ocean Cleanup Operations
Singapore-based shipping company APL has decided to provide free shipping to The Ocean Cleanup, a non-government, non-profit organization working to develop advanced technologies to rid the world’s oceans of plastic.
CMA CGM Orders Ten Mega Boxships in China
French container shipping major CMA CGM has ordered ten new 15,000 TEU containerships in China – five of them to be powered by LNG.
CMA CGM Boxship Refueled with Sustainable Marine Biofuel in Rotterdam Port
The 5,095 TEU containership CMA CGM White Shark was successfully refueled with sustainable marine biofuel oil while calling at Rotterdam on March 23, 2019.
Italian Railway Orders Ro-Ro Ship from Local Consortium
The Italian Railway Network has ordered a 147-meter Ro-Ro ship from a temporary joint venture composed of Officine Meccaniche Navali, T. Mariotti, and Fonderie San Giorgio del Porto.
BDO: Shipping Confidence Rises Despite Geopolitical Uncertainty
Shipping confidence has increased in the last three months despite ongoing geopolitical uncertainty, shipping adviser and accountant BDO said
Nor-Shipping Director: Norsk Hydro Cyber Attack a Wake Up Call for Maritime Industry
This week’s cyber attack on Norwegian aluminium producer Norsk Hydro is a sign of the growing threat facing firms within the maritime and ocean industries, according to Per Martin Tanggaard, Director of Nor-Shipping.
Maersk to Test Biofuel on Its Triple E Vessel
Danish shipping giant Maersk has partnered up with members of the Dutch Sustainable Growth Coalition (DSGC) in the world’s largest maritime biofuel pilot project.
Panama Canal Joins GIA for Low Carbon Shipping
The Panama Canal has joined the Global Industry Alliance (GIA) in an effort to support low carbon shipping.