In a major development, Maersk Product Tankers has announced that they have entered into a sale and leaseback agreement with ICBC Financial Leasing Co., Ltd. for four of their MR vessels built in 2015...

Cargo vessel operations can be tricky and should be done with utmost care. As a minor slip can cause severe healthcare problems as we see in this situation where faulty cargo operations in the...

In January 2020 the shipping industry, and those supplying its fuel, face one of the biggest challenges in decades. How is the sector preparing for the next adaptation of the MARPOL Convention, says a...

IMO announced a Norway funded greenhouse gas emission strategy. The Green Voyage 2050 is a strategy to counter emissions by providing technical solutions and global coordination in exchanging knowledge and information. The $1.1 million...

JB Hunt has entered the freight forwarding sector after receiving an NVOCC license from the Federal Maritime Commission. FMC ocean transport intermediaries (OTI) database lists JB Hunt as an authorized NVOCC with its...

Competition rules forbid container lines from discussing their customers with other lines while promoting fair competition but ignore misdeclared cargo. Crews are ill-equipped or trained to deal with some of the fires and...

A container ship whose power management system had been shut down by a long-dormant virus was the focus of a UK maritime industry cyber wargame in Singapore Maritime Week. More than 40 delegates...

Qatargas’ Al Safliya, the first Q-Flex and the largest liquefied natural gas (LNG) tanker to ever transited the Panama Canal. The tanker with an overall cargo capacity of 210,000 meters3 of LNG–transited northbound...

Diamond S Shipping (DSS) reported a net loss of $1 mill and adjusted EBITDA of $30.3 mill, for the first quarter of this year, reports Tanker Operator. Better tanker market conditions The net loss, compares to...

  Solent University will open what it claims to be the UK’s largest and most sophisticated maritime simulation centre on its main campus in Southampton, says an article published in IIMS.org.uk. Specialist higher-level training Part of Solent’s...