Lloyd’s and the Lloyd’s Market Association has started a second phase of its review into the format, content and use of a key maritime salvage contract. A workshop was held on 8 December...

TOKYO-Mitsui O.S.K. Lines, Ltd. passed a resolution to have MOL Drybulk Ltd.  succeed its small- and medium- sized bulk carrier business, wood chip carrier business and Panamax business. It is through a company...

The IMO Council will be expanded to 52 Member States. The IMO Assembly has adopted amendments to the IMO Convention to expand the size of the Council. It will also extend the term of its Members...

Loading backlogs to last all through next year Freight rates taking bigger share of costs, pushing up prices Much like the coronavirus pandemic, and the economic disruption that it has caused, a global shipping...

With a flurry of announcements that sent Evergrande bonds tumbling to record lows this week, the company and Beijing have made it clear that billionaire Hui Ka Yan’s property giant is headed for one...

People fear having their Christmas plans scuppered for a second year amid concern over the Covid variant Omicron, reports BBC. The new rules Wales' coronavirus rules are now being reviewed weekly instead of every three weeks...

EU plan to limit the carbon intensity of future fuels has faced its first grilling by member states, reports Lloyd's List. Concerns were raised over issues including competition, support for LNG fuel and reducing carbon...

U.S. firm Eagle LNG Partners signed a long-term contract to set up a $100-million liquefied natural gas (LNG) receiving and regasification terminal in Aruba with domestic power and water utility WEB Aruba, reports Natural...

Taking on LNG propulsion technology is currently the best way for shipping companies to reduce their emissions, according to engine manufacturer WinGD, reports Ship&Bunker. White paper on maritime decarbonisation WinGD has published a new white paper...

Although much emphasis has been on the severity of piracy activity in Gulf of Guinea, the Southeast Asian and Western Indian Ocean regions have been exposed to acts of piracy and armed robbery on...