How Do Multinational Companies Avoid Big-Budget Taxes?

The Biden administration is pushing for agreement on a global minimum tax. The proposal from President Biden and Treasury Secretary Janet Yellen calls...

COSCO in Talks To Acquire HHLA Terminal Stake

COSCO Shipping Ports has begun negotiations with Hamburger Hafen Logistik over a possible purchase of a minority share in HHLA Container Terminal Tollerort...

Wan Hai Lines Expands Its Asia – America Network

Wan Hai Lines is expanding its Asia – America network by launching a new weekly service. The new service Wan Hai Lines is expanding its Asia...

Shipping Rates Continue To Rise Amid Port Congestion & Stronger Demand

Container shipping companies are investing in new capacity, but rates are likely to remain elevated amid the global shortage that has seen average container...

Tersan Shipyard To Build 2 Eco-Friendly Vehicle and Passenger Ferries

Tersan Shipyard To Build 2 Eco-Friendly Vehicle and Passenger Ferries, says an article on News2Sea. To build 2 ferries for Fjord1 ASA Tersan Shipyard signed a...

Theft Incidents Occur Again In Singapore Straits

A total of 17 incidents have occurred in the Singapore Strait since January 2021. ReCAAP ISC informed of two incidents of armed robbery...

ITF Recovers $45m Owed Wages Amid Record-high Abandonments

The International Transport Workers’ Federation (ITF) has raised the alarm over record-high abandonments of vessels globally, in the maritime space, saying that despite the...

Things Under-30s Need To Know About the Vaccine

Things Under-30s Need To Know About the Vaccine, says an article on BBC. To jab over-18s by the end of July The vaccine rollout is reaching...

IMO’s Carbon Tax Proposals Put Shipowners On Edge

Owners doubt on carbon costs' recovery. Maersk CEO's tax proposal fails to cut much ice. Concerns over green fuels' supply. According to an article...

Long-Term SPA for Supply of 0.8 Million Tonnes of LNG

Pavilion Energy Trading & Supply Pte. Ltd.1  (“Pavilion Energy”) and bp Singapore Pte Limited (“bp Singapore”) have signed a long-term LNG sale and purchase...

Grimaldi Welcomes Final Eco-Friendly PCTC

Italy’s Grimaldi Group has taken delivery of Grande California, the final of seven pure car & truck carriers (PCTCs) ordered from the Chinese Yangfan...

No Significant Changes In Bunker Prices On June 08, MABUX

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO, and MGO in the main world hubs) continued irregular changes...

LNG Shipping Stocks: Volatility With New Highs

The chart of UP World LNG Shipping Index and S&P 500 is Published On the UP Indices. The UP World LNG Shipping Index, the...

Crude Exports To The US Sets New Record

Last month saw a record 5.75m barrels of Russian crude discharged in the US, with New York-headquartered commodities trackers ClipperData projecting a further record...

GEV Begins Development of Pilot Compressed Hydrogen Ship

GEV has commenced the development of a pilot-scale C-H2 Ship with a cargo capacity of 430 tonnes of hydrogen, says an article published...

Towards Hydrogen Shipping, An Inevitable Green Fuel

  Pilot ships are being developed to ship the fuel in Europe and Asia within three years. The major challenge is to keep the...

Jiangnan Bags LPG Carrier Order

JOVO Group has signed the contract for the purchase and construction of LPG carriers, reports Xindemarinenews. About the contract According to an announcement from JOVO, the...

Ocean Infinity Buys UK Maritime Firm

Ocean Infinity has purchased the UK-based maritime services company, Ambrey, says a press release pubkished on theur website. Services offered  Range of Ambrey’s bespoke offshore services...

Cargo Ship Runs Aground

  General cargo ship ran aground on a beach Playa Migiom, southern coast of Formentera, Balearic islands, Spain, at around 0200 UTC Jun...

Friend of the Sea Launches New Whale-Safe Certification

Friend of the Sea Launches New Whale-Safe Certification, says an article on Fishfocus. Deaths due to lethal collisions with vessels It’s a silent massacre most people...