NYK Agrees To Invest In AIC

NYK has agreed to invest in Australian Integrated Carbon (AIC). After the completion of approval by the relevant authorities, NYK will jointly invest in AIC with Mitsubishi Corporation through Japan Integrated Carbon (JIC),...

Vessel Detained for Carrying 15,000L of Illegal Oil

  The Vietnam Coastguard arrested an unmarked vessel, on Saturday (18 September), in the sea area of Hai Phong-Quang Ninh at around 12:30 pm, reports Manifold Times. Vessel arrested for illegal oil transport An initial inspection found...

Captain Charged for Providing False COVID Information

Hong Kong police arrested the captain of a Singapore-flagged bulk carrier, after charging him for providing false information to health authorities. More specifically, in late August, Hong Kong’s Center for Health Protection reported...

SeaRoad Deals FSG To Construct New RoRo Vessel With LNG Propulsion

SeaRoad has secured its future growth plan after finalising an agreement with Flensburger Schiffbau-Gesellschaft (FSG) to construct a new roll-on / roll-off (RoRo) vessel with LNG propulsion. The new freight vessel will join...

Asia Crude Oil: Key Market Indicators For Sep 20-24

Asia crude oil: Key market indicators for Sep 20-24 crude oil futures were lower in mid-morning trade in Asia Sept. 20 market participants will eye more spot tenders for November-loading Middle East crude...

China Embraces Financial Contagion Amid Collapse of Evergrande Shares

Evergrande, China's second-largest real estate company with $110 billion in sales last year, is by some estimates the most indebted property group in the world. The developer is faced with more than $300...

MSC Bags A Win-Win Deal To Cut Emissions & Fuel Costs

MSC has ordered more than 30 Silverstream Systems by Silverstream Technologies for its container ships. The order is aimed to cut 1.6 million tonnes of carbon emissions. MSC has ordered more than 30 Silverstream...

FedEx To Raise Its Shipping Rates From Next Year

FedEx increasing shipping rates next year the company also said surcharge changes will also take effect in the coming months the package delivery company said FedEx Express shipping rates will increase by an...

Samsung Bags 841.2bn Order For LNG Container Carriers

Samsung wins USD 717.6mn order for LNG-dual fuelled container carriers the six container carrier new buildings will be delivered to an identified shipper in Europe from November 2024 the company has secured a...

Trio Partners To Expand UAE-UK New Energy

ADNOC, bp and Masdar signed framework agreements to expand upon the UAE and UK’s longstanding track record of bilateral partnership in sustainability. The agreements underscore the partners’ leadership in technology-driven solutions to the...