Shipping Companies Oppose EU’s New Emission Regulations
Shipping companies are crying foul over EU plans to regulate the sector’s emissions. But the industry’s claim that new rules would break international law...
IMO 2020 Reaps 70% Cut in Sulphur Oxide Emissions
On 1 January 2020, new reduced limits on sulphur in fuel oil brought about a 70% cut in total sulphur oxide emissions from...
Global Container Shortage Implies Signs of Normalcy, Index Confirms
What does the global shortage of shipping containers that’s sent ocean freight rates skyrocketing show?
Is it signs of easing! Yes, according to...
U.S. Vows To Help SE Asian Nation Against Maritime Attacks
U.S. President Joe Biden’s government has vowed to extend support to the Philippines, in case of any armed attack in the South China Sea,...
Webcast Link for Diana Shipping’s 4th Quarter Results
Diana Shipping Inc. announces the date for the 2020 fourth quarter and year-end financial results.
Its financial results for the 4th quarter and...
Konsberg Technology To Secure Environment Friendly WTIU
Kongsberg Maritime (KM) technology is at the centre of an ambitious new project to build a next-generation Wind Turbine Installation Unit (WTIU), destined to...
European Diesel & Shipping Market Participants Divided Over Economics
According to an article published in S&P Global, Participants in the European diesel and shipping markets are divided over the economics to send ULSD...
Why Are the New Coronavirus Mutants Causing Concerns?
There are many circulating around the world, but health experts are primarily concerned with the emergence of three, reports the Economic Times.
Virus mutations
As a...
Maritime Body Demands Seafarers Support Fund
Maritime body MUI on 15th January, demanded announcement of a support fund for seafarers in the forthcoming Budget, says an article published in Outlook.
Seafarers...
Methanol Holds Promise As Alt Bunker Fuel: Executive
Much of global methanol production goes to industry leaving little left over for shipping, a methanol industry executive has said.
Interviewed by price reporting agency...
WHO Investigates COVID Origin in Wuhan Market
A World Health Organisation team looking into the origins of the coronavirus pandemic on Sunday visited a market known to be the food distribution...
Tokyo MoU Agrees CIC on BWM in 2025
Tokyo MoU PSC Committee considered and agreed to accept the proposal by the Paris MoU to carry out a CIC on Ballast Water Management...
MOL Announces Name Change & Integration of Dry Bulk Business
MOL announces integration of Dry Bulk Business and the establishment of “MOL Drybulk Ltd.”, says a press release published on their website.
Name change
Mitsui O.S.K....
Vaccination for Seafarers On Priority, Urges Ship Agents Body
Ship agents body MANSA seeks priority in COVID-19 vaccination to seafarers and waterfront workers, says a press release published on their website.
COVID-19 vaccination drive
Maritime...
Uniper Expands LNG Fleet Amid Growing Asian Demand
German utility Uniper took delivery of a new LNG tanker in South Korea amid efforts to boost its presence in the burgeoning Asian LNG...
MOL Scraps ‘Oldest LNG Carrier’ in Fleet Modernization
Mitsui OSK (MOL) has sold its first and oldest LNG carrier, Senshu Maru, for scrap after 37 years with the company.
VesselsValue data...
Eagle Bulk Shipping Makes A $15m Ultramax Purchase
Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax/Ultramax drybulk segment, has announced the purchase of an ultramax bulk carrier...
Sulfur Cap Transition ‘Extremely Smooth,’ Says IMO
New limits on fuel oil sulfur brought about a 70% cut in total sulfur oxide emissions from shipping, ushering in a new era...
Biden Administration Renews Ties With Allies In Asia And Europe
The United States has pledged to support its allies involved in maritime disputes over both the South and East China seas – where China...
Government To Address Maritime Challenges To Boost Economy
PRESIDENT Muhammadu Buhari has embarked on all-encompassing policy at the national level that will holistically address all the challenges that are facing the nation’s...
