First Woman President of Singapore Shipping Association in 34 years

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In a  major development, Caroline Yang, the chief executive of bunker tanker company Hong Lam Marine, has been appointed as the first-ever female president...

Hyundai Seeks Fair Trade Approval for DSME Merger

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South Korean shipbuilding conglomerate Hyundai Heavy Industries (HHI) Group has officially started the process to earn approval from anti-trust regulators for its proposed takeover...

Container Market Up for Disruptions As Shipping Awaits More Cost Pressure

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According to a Reuters report, the U.S. furniture company RC Willey Home Furnishings is so concerned that new global clean air rules will cause...

Lack of Ambition Threatens IMO Emissions Reduction Targets

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A “clear gap” in shipping’s development of low-carbon and zero-carbon fuels and technologies is threatening to derail IMO efforts to curb industry emissions, reports...

Lack of Risk Identification Causes Cargo Vessel Collision

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What happened? On the night of October 29, 2015, at 2226 local time, the cargo vessel Ocean Freedom collided with a fleet of moored empty tank...

Jim Beam Warehouse Catches Fire, Destroying 45,000 Barrels of Bourbon!

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Firefighters are trying to contain a massive blaze at the Jim Beam warehouse which resulted in the burning of 45,000 barrels of bourbon. The crew...

Price of Bunker Fuel Set To Increase Globally from January 2020!

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The price of bunker fuel is all set to rise as more companies are changing towards low sulphur fuel oil mandated by IMO. This...

Power Cut Plunges Massive Cruise Ship into Darkness!

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According to an article published in Newsweek, a power outage on a cruise ship plunged parts of the vessel into darkness and left passengers...

IMO 2020: JPMorgan Foresee 15% Fall in RILs Earnings Growth

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Refining and Petrochemicals sector holds a 15 per cent downside risk to Reliance Industries' (RIL) estimated FY20 earnings.  Consensus earnings estimates have been...

CSIC Bags $2.08bn Worth Contracts

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China Shipbuilding Industry Corporation (CSIC) secures $2.08bn worth of new deals including newbuilding orders, conversions contracts and financing agreements, says an article published in...
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