2021 Oil Export Quotas Set
The Chinese government has issued its first batch of oil products export quotas for 2021, to six state-controlled firms — PetroChina, Sinopec, CNOOC, Sinochem, CNAF and Norinco's 120,000 b/d Huajin refinery, as well as...
[Watch] Second Phase Cutting of Golden Ray
During Christmas, salvors started the second cut on the hull of the grounded Golden Ray, says an article published in Safety4Sea.The ship will be cut into eight sections; the first one took place on November...
China’s LNG Import Surge Despite High Prices
China imported 6.61 million mt of LNG in November, up 31.6% month on month and 1.6% higher year on year on rising domestic demand despite higher prices, according to data released Dec. 26 by...
Aegean Shipping Acquires 3rd Vessel Into Its Fleet
Aegean Shipping Management is proud to announce that on the 24th of December 2020, the Company has exercised the option for the acquisition of the 3rd vessel in continuation to the agreement with COSCO...
Despite Hit Hard by Covid 19, Cruise Operators See Hope in 2021
Cruise Lines International Association (CLIA) says there is "hope and optimism" for the sector in 2021.
From early July through mid-December 2020, CLIA said there was more than 200 sailings.
The success of these...
The Twist and Turns of LNG Market in 2021
As the cleanest-burning fossil fuel, LNG clearly still has a role to play alongside renewables in the global clean energy transition.
As we ring in 2021, here are five trends that will impact...
Wartsila Smartly Uses Covid Times To Meet IMO 2030 Emission Targets
Wartsila says owners have been making the best of a bad situation by using the downtime to fit efficiency retrofits to their vessels.
Half of Wärtsilä's retrofits requiring docking or a period of out-of-service.
...
1500 Mariners from 74 Ships are Prisoners of Trade War
Desperate mariners on ships stranded for months by China's effective ban on Australian coal imports.
They are being prevented from leaving by a stand-off between a complex network of shipping firms.
A catch-22...
New Year Celebrations At Home, As Authorities Tighten Covid 19 Rules
Sydney’s New Year’s Eve celebrations remain under a cloud.
Health authorities monitor whether the northern beaches Covid-19 outbreak has spread to the city’s central business district.
New South Wales recorded nine new coronavirus...
South Korean Container Majors To Form Brand New K-Alliance
Five South Korean container shipping companies shake hands and agreed to establish a Korean Maritime Movement Alliance (K-Alliance).
This was done in an effort to enhance competitiveness in Asia.According to country's Ministry of...