NYK made an agreement with Yara International for a joint study of ammonia-fueled ammonia gas carrier
NYK Line, Nihon Shipyard, and Nippon Kaiji Kyokai (ClassNK) signed an MOU with…
Stena Bulk bolsters ECO MR fleet with additional newbuilding charters
New ultra-modern eco medium range tankers Stena Convoy and Stena Conductor…
Allied Shipbroking - SnP statistics report - week 21
Please find below the Allied Shipbroking SnP Statistics report for week 21|…
Intermodal report - week 21 2021
Please find here the market report for week 21 2021. Just a few days ago we…
Five recent major changes to the BIMCO Shipping-KPI
The Shipping-KPI platform faced by users today is much different compared to…
Repsol sells its exploration and production assets in Malaysia and in Block 46 CN in Vietnam
Repsol has agreed to sell its operated assets in Malaysia and in Block 46 CN…
ION and PGS successfully complete Shell Egypt survey with ELO survey design and Gemini source
ION Geophysical Corporation and PGS announced the successful completion of a…
PETRONAS awards Limbayong Deepwater EPCIC contract to TechnipFMC
PETRONAS Carigali Sdn Bhd (PCSB) has awarded the Engineering, Procurement,…
Wärtsilä finalises commissioning of its first two energy storage projects in the Philippines
The technology group Wärtsilä has signed multiple energy storage contracts with…
ABB’s OCTOPUS software finds smart way to increase wind vessel uptime by 35 percent
With ABB Ability™ Marine Advisory System – OCTOPUS and robotic maintenance…
CrewSmart upgrades future-proof management system to tackle “New Realities” of Maritime operations
CrewSmart, the end-to-end management system for compliant, effective maritime…
MABUX: Global bunker prices may continue firm upward trend on June 02
The Bunker Review was contributed by Marine Bunker Exchange (MABUX) MABUX…
Baltic Dry Index as of June 1
The Baltic Dry Index fell by 1.08% On 1 June 2021, the Baltic Dry Index fell to…
Cyprus maintains momentum in driving progress for seafarers
As part of the Cyprus Shipping Deputy Ministry’s three-phase consultation…
Legislation on vessel traffic management to be reformed in Finland
The Ministry of Transport and Communications has initiated a reform of the…
The Suez Canal Authority confirms the regularity of the navigation traffic in the Canal at normal rates
Admiral Osama Rabie; 68 vessels transit the Canal with a net tonnage of 3.6…
Algoma Central announced contract to build a new Equinox class self-unloading vessel
Algoma, a leading supplier of marine transportation services, announced…
Teekay welcomes US-Based Seafarer COVID-19 vaccination access
Teekay would like to thank the US authorities, the Central Health Care…
Wan Hai lines confirmed orders for 4 new vessels
As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an…
Port of Tallinn got acknowledged as the company that values natural biodiversity the most in the Baltics
Sweden’s leading consultant within biodiversity and ecosystem services Ecogain…
Finnlines’ Finnish flagged fleet is vital for Finland’s security of supply
Finnlines is one of the biggest shipping companies in Finland that safeguards…
Allied Shipbroking - weekly market update - week 21
Please find below the weekly report for week 21 |24th May - 30th May 2021.…
OKEA expects significant operational synergies and positive cash flow effects following reorganisation of operations at the Yme field
Repsol Norge, as operator of the Yme licence, has on behalf of the license…
Final investment decision for Bacalhau phase 1 in Brazil by Equinor, ExxonMobil, Petrogal Brasil and Pré-sal Petróleo
Equinor and ExxonMobil, Petrogal Brasil and Pré-sal Petróleo SA (PPSA) have…
Haldor Topsoe establishes focused green hydrogen organisation to accelerate electrolysis business
The new green hydrogen organization is fully dedicated to accelerating all…
Wintershall Dea transfers stake in Wolgodeminoil project to Partner Ritek
RITEK, a subsidiary of LUKOIL, will become the sole owner of Wolgodeminoil The…
Fresh order lifts Hyundai LNG newbuilding spend to $1.4bn
On the 29th, Lee Kyu-bong, CEO of Hyundai LNG Shipping Co., and Lee Sung-geun,…
Marinvest set to boost its digitalisation process and cut fuel consumption with Kongsberg Digital's Vessel Insight
Kongsberg Digital is pleased to announce that it has signed a contract with…
MABUX: Global bunker prices do not have firm trend on June 01
The Bunker Review was contributed by Marine Bunker Exchange (MABUX) MABUX World…
Fumigant gasses leaking from cargo holds can have fatal consequences
Fumigation is done to target infestations in bulk cargoes like grain and…
Short disruptions have a quick effect on the tanker market according to concordia Maritime
"Our belief in a structurally driven strengthening of the tanker market from…
DP world Cochin develops direct connectivity to West Africa
DP World operated International Container Transshipment Terminal (ICTT) at…
Moving a pyrolysis plant via port of Rotterdam
Is it possible to transport an entire bio-oil plant via a port rather than…
GEV Signs MOU with ILF for Hydrogen projects in Europe & Australia
GEV and ILF have executed a Memorandum of Understanding (MOU) for the…
ABB collaborates with Equinor on digital integration to improve operations at offshore assets
Companies join forces to implement digital and remote condition monitoring to…
MSC and Shell discuss ways to help achieve a net-zero emissions shipping industry
Shell, an integrated energy company and MSC are discussing ways to help achieve…
Ørsted and HOFOR enters into agreement on green power for groundbreaking hydrogen project
Ørsted and HOFOR (Greater Copenhagen Utility) entered into an agreement that…
Heerema's DCV Balder completes the offshore removal of the Morpeth Tension-leg Platform on behalf of Eni
Heerema's DCV Balder completed the offshore removal of the Morpeth…
Gazprom Neft develops an accelerator for upstream start-ups
Gazprom Neft is to launch an acceleration programme to support technology…
One small step for maritime autonomous surface ships (MASS)
One of key highlights of the 103rd session of IMO’s Maritime Safety Committee…
Furuno USA welcomes John Bozzelle as new commercial business development manager
Furuno USA has hired a new commercial business development manager. Based in…
Fincantieri and Faist give birth to the Power4Future joint venture
The new company will produce lithium batteries Fincantieri SI, a…
Wärtsilä to supply inert gas systems and navigation systems for six arctic class LNG carriers
The technology group Wärtsilä will supply the Inert Gas Generator (IGG)…
Bunker prices may change irregularly on May 31
The Bunker Review was contributed by Marine Bunker Exchange (MABUX) MABUX World…
Baltic Dry Index as of May 28
The Baltic Dry Index fell by 3.42% On 28 May 2021, the Baltic Dry Index fell to…
A message from the President: Marshall Islands consistently makes the Grade
A message from Bill Gallagher, President, International Registries, Inc. (IRI)…
Port of Long Beach increases Green ship incentive
Offers the highest bonus in the world to attract cleaner ship Ocean carriers…
ExxonMobil announces preliminary results in election of directors
ExxonMobil said that based on preliminary vote estimates by its proxy…
Baltic Dry Index as of May 25
The Baltic Dry Index fell by 2.5% On 25 May 2021, the Baltic Dry Index fell to…
Signal Maritime launches MR Pool
Commercial ship manager Signal Maritime is expanding its services and launching…
Hapag-Lloyd further expands its container fleet: 60,000 TEU of standard containers ordered
Standard containers scheduled for delivery beginning in July Response to…
Allied Shipbroking - SnP statistics report week 20
Please find below the SnP statistics report for week 20| 23th May 2021. ALLIED…
Intermodal report - week 20 2021
Please find below the Intermodal Weekly Market Report for week 20 2021.…
ABS Members weigh rule changes focused on the adaptation of new technologies
ABS members debated more than 400 changes to its industry-leading rules during…
The Bahamas welcomes the registry's first LNG powered passenger ship
The Bahamas Maritime Authority (BMA) is delighted to welcome its first…
Equinor, RWE and Hydro team up for offshore wind in the Norwegian North Sea
Together, the partners have strong expertise in all parts of the offshore…
Wärtsilä selected to supply world’s largest bioLNG production plant
The technology group Wärtsilä will supply a biogas liquefaction plant to…
Konecranes receives $43.5 million portal jib order from US Navy
Konecranes has received its second portal jib order from the US Navy, part of a…
NorSat-3 maritime traffic monitoring microsatellite is launched with state-of-the-art KONGSBERG technology
KONGSBERG technology is set to play a pivotal role in the working life of a…
Baltic Dry Index as of May 25
The Baltic Dry Index fell by 2.5% On 25 May 2021, the Baltic Dry Index fell to…
Oxygen concentrators sent to India to save seafarers’ lives
Hundreds of lives will be saved thanks to two new emergency projects being…
Seanergy Maritime announced agreement to acquire its 16th capesize vessel and new time charter
Seanergy Maritime announced that it has entered into a definitive agreement…
Wilhelmsen Ship Management appointed ship manager for the first Turkish-flagged FSRU
The newly built FSRU completed its sea trials in March 2021 and will operate in…
Port of Tallinn requests from all ships in the port to switch to environmentally friendly energy sources
In order to reduce emissions, all ships in the port must switch to…
Allied Shipbroking - weekly market update - week 20
Please find below the Allied Shipbroking weekly report for week 20 |17th May -…
ABS and leading industry players to develop roadmap for vessel conversion to low-carbon operations
Major New Project to Turn the Transition to Carbon-Free Fuels into Actionable…
Haldor Topsoe and Preem achieve 85% co-processing of renewable feedstock
Haldor Topsoe has revamped Preem’s renewable hydrotreater unit at their…
OneOcean acquires further voyage planning capability
OneOcean, the leading software provider for the global maritime industry, has…
GTT will design four additional very large LNG land storage tanks in China
GTT announced that it has received an order from its partner China Huanqiu…
Fischer Panda UK powers ground-breaking mayflower Ship for unmanned atlantic crossing in June
Marine system supplier has installed and commissioned the hybrid-electric…
Iridium makes strategic Investment in DDK positioning, provider of enhanced GNSS accuracy solutions
DDK Positioning Solutions Utilize the Iridium® Satellite Constellation to…
Baltic Dry Index as of May 24
The Baltic Dry Index rose by 0.42% On 24 May 2021, the Baltic Dry Index rose to…
Aspiring 'future maritime leaders' encouraged to share their vision with essay competition
Nautilus members who aspire to being decision-makers and opinion-shapers still…
BASF and RWE plan to cooperate on new technologies for climate protection
Green electricity and innovative production technologies could make the…
The Union of Greek Shipowners launches a campaign for the Seafaring Profession
The Union of Greek Shipowners launches a campaign for the new generation to…
CLIA welcomes the restart of cruise tourism in Greece
CLIA welcomes the restart of cruise tourism in Greece as of May 14th, in line…
Sailors’ Society launches expanded free wellness campaign for seafarers, their families and shore staff
Sailors’ Society launches expanded free wellness campaign for seafarers, their…
UK government must support ILO resolutions on seafarer vaccination, say Nautilus and UK Chamber of Shipping
Nautilus International and the UK Chamber of Shipping (UKCS) have written a…
Certified Pick up in Port of Antwerp enters next phase
Collecting containers based on identity instead of PIN code The new digital…
Seaspan continues market-leading growth announced delivery of two 8,500 TEU containerships backed by Liner Charters
Seaspan, a wholly owned subsidiary of Atlas Corp., announced that it has…
Monjasa sees energy transition accelerating bunker credit challenges
The cost of shifting to greener fuels, uncertainty over the path to clean…
First small scale LNG reloading in the Mediterranean performed at the Krk Terminal
At the LNG Terminal in Omišalj on the Island of Krk, a challenging operation…
JERA and IHI to start a demonstration project related to ammonia Co-firing at a large-scale commercial Coal-Fired power plant
JERA Co., Inc. ("JERA") and IHI Corporation ("IHI") have received notice of…
Halliburton and TGS collaborate to advance Seismic Reservoir Monitoring
Halliburton Company and TGS-NOPEC Geophysical announced a collaboration to…
Delmar Systems acquires Vryhof
Delmar Systems, Inc. is pleased to announce the acquisition of Vryhof,…
PowerCell Sweden presents industrialised fuel cell module optimised for marine power solutions
PowerCell Sweden AB is now presenting PowerCellution Marine System 200, an…
Su-Nav installs cybersecurity protection on-board owners’ vessels
Move driven by surge in cyber attacks worldwide and vessels seen as weak link…
Baltic Dry Index as of May 21
The Baltic Dry Index rose by 1.59% On 20 May 2021, the Baltic Dry Index rose to…
Port of Oakland a recipient of economic relief for California ports
Governor's proposed budget includes $250 million to help ports with COVID-19…
The Port of Gdynia is ready to build an offshore wind terminal
The Port of Gdynia Authority, in view of the development of the offshore…
Hamburg Port consulting to support Puerto mejillones in optimising terminal operations
Comprehensive assessment of governance, processes, infrastructure, IT and cargo…
Gasum Maritime market update: IEA envisages an increase in use of LNG and biofuels in maritime sector for Net Zero 2050
Risavika LNG has further increased by 7.8 % to 36.83 EUR/MWh week on week…
BLRT Grupp has acquired two engineering companies
BLRT Grupp has acquired 100% of shares of Bars Elekter OÜ (Estonia) and 100% of…
SCF Group continues to implement its industrial business strategy
SCF Group, a global leader in marine energy transportation services, releases…
"While the current market remains difficult, prospects are positive and we have experienced modest recovery in the product tanker sector" says Angeliki Frangou, Chairman and Chief Executive Officer of Navios
Revenue 25.9% decrease in Q1 2021 revenue to $72.5 million Net Cash from…
Diana Shipping announced time charter contract for m/v Astarte with MOL
Diana Shipping, a global shipping company specializing in the ownership of dry…
Green Funnel’ project celebrates milestone 150th LNG fuelling
Recently, Sovcomflot and Shell performed a landmark 150th marine LNG fuelling…