China’s Two Largest Shipbuilders Plan To Merge

China’s two largest shipbuilders are planning to merge, according to information shared by their listed arms, reports Reuters. Approval from authorities The merging of China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp Ltd (CSSC),...

Zhoushan Poised To Beat Singapore on LSFO Price

Beijing is expected to approve a long-awaited tax rebate for the export of low-sulphur fuel oils later this year, says an article published in Lloyd's List.  Nominal price  The move will allow Zhoushan to provide this...

LPG Carrier Blaze Kills One, Injures 15

A seafarer died and another 15 were hospitalized last night after a fire broke out on the Italian-flagged LPG carrier Syn Zania, reports Daily Sabah Turkey.  What happened? The LPG carrier Syn Zania was anchored at a...

Maersk CEO Wants Half Its Earnings To Come from Inland Logistics

In a strategic shift, A.P. Moller-Maersk AS plans to invest in warehouses, container terminals and customs brokerage firms to boost its logistics-services capabilities. The company has disposed of its oil and tanker businesses to...

Singapore Ready for MFMs Mandate Regarding Distillate Bunker Deliveries

Singapore all set to implement compulsory use of mass flow meters for distillate bunker fuel deliveries and expect the transition to be smooth. Seventy bunker tankers delivering distillates to ocean-going ships have been installed...

Lack Of ISM Procedures Led to Enclosed Space Fatality

  According to a report published in Medium.com, a tragic accident reportedly took place onboard a bulk carrier that claimed the lives of an AB Seaman, Captain, and Chief Officer. What happened? On February 24, 2019, the bulk carrier...

Maersk and Bollore Carbon Pact To Reduce Emissions

Maersk, the global integrator of container logistics, and Bolloré Logistics, a major player in international logistics and supply chain management, announced in June 2019 at the 53rd Paris Air Show in Le Bourget, the...

IMO Warns Shipping Industry of Fake Piracy Reports

In a major development, the International Maritime Organization warns that alerts being issued from the email account of the Regional Maritime Information Sharing Centre (REMISC) in Sana’a, Yemen (infoex@remisc.org) are not legitimate, says an article published in...

Britain’s New Net Zero Emissions Target Becomes Law

Britain’s new target to reach net zero greenhouse gas emissions by 2050 became law on Thursday, making it the first among the major G7 countries to set such a goal, reports Reuters. Backdrop of This Outgoing...

IMO Launches ‘Green Voyage 2050’ Project To Tackle Maritime GHG Emissions

A major international project to support the International Maritime Organization (IMO)'s initial strategy for reducing greenhouse gas emissions from shipping has been launched, says a press release published in IMO website. About the Project Entitled...