new cruise ship to feature the world's first free-fall dry slide at sea and a three-level racetrack due to set sail in August 2022, Norwegian Prima has become the cruise line's most in-demand...

  Mitsui O.S.K. Lines, Ltd. announced that it has concluded a contract for 50 billion yen funding through new hybrid loan (the "New Hybrid Loan"). Meanwhile, like the hybrid corporate bonds announced in the March 17,...

On 30 September 2021, IMO and the global maritime community come together to celebrate the annual World Maritime Day. The focus on this year's theme is Seafarers: At the core of shipping's future. A...

Suez Canal records the highest daily transit rate in its history eighty-seven ships passed through the waterway on Wednesday widening and deepening the canal would be the priority in the first phase of...

Nine men have been handed jail sentences in Singapore for their part in a scam to defraud shipowners of $336,930 worth of bunker fuel. They range from two weeks to up to almost...

A HIGH COURT judge has ordered the sale of a foreign cargo ship so its stranded crew can return home. On Wednesday Justice Frank Seepersad ordered the sale of the BTMax1, which sails...

Shipping industry willing to pay for premium on ‘green fuels’ says Maersk chief More than half of its 200 largest customers have met – or are in the process of setting –signed science-based...

Qatar Petroleum entered into a long-term sale and purchase agreement with CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation, says a press release published on their...

  NYK has set a long-term target of net-zero emissions of greenhouse gas (GHG) by 2050  Target of Net-Zero Emissions by 2050 for Oceangoing Businesses In the future, the NYK Group will encourage new...

Wärtsilä has received marine sector commercial certification for compliance with the EU’s Stage V standards. The certification applies to the total solution, including the Wärtsilä 14 engine and exhaust after-treatment system, and was...