MOL and CNOOC Enter Into A Long-term Charter Deal for 6 Newbuilding LNG Carriers
A recent news article published in the MOL official site states that MOL and CNOOC Sign Long-term Charter Deal for Six Newbuilding LNG Carriers.
Long-term charter contract
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi...
Wilhelmsen Ship Management Buys Major Stake In Ahrenkiel Tankers
Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel Tankers.
The transaction will result in Wilhelmsen Ship Management...
Maersk Predicts Cargo Delay in 2022 Due To These Reasons
According to a recent news article published in the Economic Times, shipping group Maersk expects cargo delays to persist.
Waiting time of 45 days
Maersk group says that the biggest waiting times for container vessels were...
Merchant Ship Reports Suspicious Approach By Unknown Craft
Incident occurred 70 nautical miles off Port Sultan Qaboos
UKMTO urges vessels to exercise caution in the area
Uptick seen in 2022 in maritime incidents in region
A recent news article published in the...
Major Liner Operators Increase Slots Ahead of Chinese New Year
The Taiwanese government is following its South Korean counterpart by calling on domestic ocean liners to ensure sufficient container shipping slots for local exporters, reports the Loadstar.
Liners making increased capacity
The island’s three largest liner...
As Ningbo Recovers, COVID Disrupts Other Major Port Operations
The port of Ningbo has largely recovered from its latest Covid disruption, but the risk of shipping delays from China has already spread to Tianjin and Shenzhen, reports the Loadstar.
Recovery of container gate operations
In...
US Port Improvement Projects Bring in Millions of Federal Dollars
The port of Long Beach is the winner in the first round of funding from Washington for port and marine infrastructure development since President Biden signed the $1.2 trn infrastructure bill in November, reports...
Equinor Warns of $1.8b Impairment Charge for UK Mariner Oilfield
Norwegian oil and gas company Equinor has reduced its total recoverable reserves estimate for the Mariner field in the UK North Sea, which will result in a $1.8 billion impairment in Equinor’s result for...
Maritime Industry To Discuss Decarbonization in Hamburg
On June 21-22, 2022, the 3rd Decarbonizing Shipping Forum will gather major shipowners, service providers, research, and government bodies for two days of knowledge sharing and networking in Hamburg, reports the Maritime Executive.
The forum...
[Watch] Rare Deep-sea Giant Phantom Jellyfish
This ghostly giant is a rare sight. But in November 2021, MBARI researchers spotted this giant phantom jelly (Stygiomedusa gigantea) with the ROV Doc Ricketts 990 meters (3,200 feet) deep in Monterey Bay.
The bell...