The technology group Wärtsilä has signed a five year extension to its Optimised Maintenance agreement with Golar Management Norway. The operator and manager of a fleet of LNG Carrier and Floating Storage and Regasification...

A new entrant is to be set on the booming Asia – Europe container tradelane, says an article published in Splash247. East-West Tradelane China United Lines (CU Lines), which was founded in 2005 initially as a...

Covid-19 destroys  the market for supertankers that deliver about a fifth of the world’s crude oil. This is to boom trade on the beaches of Bangladesh, India and Pakistan, where obsolete ships go...

DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships – the result of a joint research project between KSOE...

Moderna's Covid vaccine appears to work against new, more infectious variants of the pandemic virus found in the UK and South Africa, say scientists from the US pharmaceutical company. What Study Says? Early laboratory tests suggest antibodies...

Dallas-based Energy Transfer LP announced the first Very Large Ethane Carrier (VLEC), has been loaded under its previously announced joint venture with Satellite Petrochemical USA Corp., says an article published in Marine Insight. Maiden Voyage The...

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange: The weekly Ningbo Containerised Freight Index is compiled...

The Baltic Briefing has released a report about the dry bulk market for the 3rd week of shipping activities of this year. The report dated 22nd January highlights the dry bulk market conditions at...

Corpus December exports at 1.9 million b/d. Corpus export activity around 4.41 million b/d end-2020. Houston exported 685,250 b/d in December. The Port of Corpus Christi ended 2020 with record tonnage, mainly due to...

In response to the IMO's cyber security requirements, the International Maritime Security Associates (IMSA) has developed a suite of cyber security tools and services for the maritime industry, reports Superyacht News. Remote assessment tool The company...