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03/05/2022

Egypt's Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in ship transit fees, the authority managing the waterway said on Sunday, as traffic rebounded from the impact of the pandemic.

23/03/2022

Singapore’s FSL Trust Management has commenced legal proceedings against the charterer of its Japanese-built tanker currently held up in India. The 2006-built ship, which according to VesselsValue is on charter with Golden Stena Baycrest Tankers, was agreed for sale last year to Singapore-listed I...

23/03/2022

The US Federal Maritime Commission’s vessel-operating common carrier (VOCC) audit program is expanding its scope to now evaluate how shipping lines are serving US export shippers.Eleven ocean carriers have been asked to share information about the export services they offer American shippers. “T...

15/02/2022

Vega Reederei has almost doubled its money on the resale of four containerships to French liner CMA CGM, currently under construction at China’s Yangfan Group.  According to London-based Braemar ACM, the German owner has gained about $44.5m for each of the 1,900 teu ships, resulting in an $86m pr...

13/02/2022

Ukraine has hit out at Russian naval exercises near its southern coast, claiming navigation in the Black Sea and Azov Sea has become virtually impossible as tensions remain high over a conflict between the two neighbours. In a statement from the foreign ministry yesterday, Ukraine said Russia’s ac...

12/02/2022

Seafarers: The invisible, underrated heroes of the modern times the world needs to know about 

Our lives are not a phenomena in ‘it-self’.

06/02/2022

Brazil’s national water transport agency ANTAQ will hold public hearings, on February 7 and 10, related to the planned concessions of the Port of São Sebastião and the Port of Santos, respectively. The hearings are intended to enable stakeholder input to improve the technical and legal documents...

02/02/2022

The Philippines has benefited from two capacity-building workshops on IMO's key convention on seafarer training, certification and watchkeeping (the STCW Convention*).

29/01/2022

Danish carrier Maersk announced today that it is releasing all historical and future ocean weather observations into the public domain for free use by the scientific community around the globe. The data which has been collected by Maersk vessels since 2012 increases publicly available ocean weather....

27/01/2022

American Roll-On Roll-Off Carrier Group Inc. (ARC) has increased its fleet of U.S.-flag Ro-Ro ships with the addition two secondhand large car and truck carriers. The two vessels, named ARC...

24/01/2022

The worlds first liquefied hydrogen carrier, the Suiso Frontier, arrived in Victoria, Australia on t...

24/01/2022

By K. Oanh Ha (Bloomberg) The Crystal Symphony, a luxury cruise ship operated by financially-strapped Genting Hong Kong , will be seized to repay $1.2 million in unpaid fuel bills...

24/01/2022

Back in 2013 Samsung Heavy Industries launched the world’s most complicated ship, Shell Prelude, a 93 metres high behemoth designed to draw gas from under the sea bed and refine...

23/01/2022

Maersk Drilling has won a contract with TotalEnergies to deploy the 2009-built jackup rig for well intervention services in the Danish North Sea. The contract should commence in July 2022 and last 21 months. TotalEnergies has the option to extend the contract by up to 27 additional months. “We’r...

23/01/2022

After completing the historic Golden Ray wreck removal in late October, the U.S.-flagged heavy lift vessel VB-10000 has now run into trouble down in Mexico, according to reports. The VB-10000...

06/01/2022

The third and final dual-fuel LNG battery hybrid PCTC has been launched in China for UECC, the company said.

06/01/2022

By Ian Putzger in Toronto (The Loadstar) – US hauliers fear an empty-container dwell charge at the port of Los Angeles will see shipping lines delay the return of boxes to the...

17/11/2021

Italian energy services contractor Saipem has been awarded two new offshore deals for transportation and installation activities worth more than $600m. The first contract was awarded by Chevron Australia for the Jansz-lo compression project, the gas field located around 200 km offshore the north-wes...

16/11/2021

Kansai Electric Power has partnered with research firm Japan Carbon Capture and Storage (CCS) to develop a liquefied CO2 shipping terminal at Kansai’s 1,800MW Maizuru coal-fired power complex in Kyoto. The project will see about 10,000 tons a year of CO2 captured at the Maizuru power station lique...

05/11/2021

The Marshall Islands flag registry published the final report on the loss of the Stellar Banner that grounded off Brazil in 2020.

02/11/2021

US OSV owner Jackson Offshore Operators is growing its platform supply vessel fleet with the acquisition of the 2015-built from Tidewater Marine. No price was revealed for the vessel, previously known as Torrens Tide. VesselsValue puts the market value of the ship today at around $15.2m. Financing f...

02/11/2021

Kawasaki Kisen Kaisha (K Line) is deploying artificial intelligence to keep onboard machinery in good order. Tokyo-based K Line has partnered with compatriot yard Kawasaki Heavy Industries as well as Preferred Networks to develop a marine machinery operation support system to keep tabs on machinery....

02/11/2021

Another piece in Kawasaki Kisen Kaisha (K Line)’s autonomous shipping puzzle is being put into place with the Japanese shipping major collaborating with the likes of Fujitsu, Japan Radio Co. (JRC) and Groke Technologies to develop a navigation support system that uses artificial intelligence (AI) ...

26/10/2021

BW Group has purchased a nine-year-old ultradeepwater drill rig for conversion into an offshore gas...

26/10/2021

Contrasting volumes in the global energy mix could see more LNG carriers in operation than VLCCs by as early as 2025, new research from Clarkson Research Services suggests. Record amounts of gas carrier deliveries this year and a surging orderbook look set to position LNG as one of the global mercha...

13/10/2021

Further signs of just how much the Arctic Ocean is thawing came yesterday via Russian state television where the country’s deputy prime minister, Yuri Trutnev, said that year-round shipping via the Northern Sea Route (NSR) ought to be possible next year or by 2023 at the latest. “We are planning...

05/10/2021

The Australian Maritime Safety Authority (AMSA) has banned the Singapore-flagged bulk carrier Western Callao from Australian ports for six months due to violations of the employer agreement.

30/09/2021

In past decades, the marine surveyor or ship surveyor would typically be an ex-seagoing marine engin...

29/09/2021

When operational, the Greater Changhua 1 & 2a will be Taiwan’s first far shore and large-scale offshore wind farms ...

29/09/2021

By Matthew Burgess (Bloomberg) Australia’s surprise deal with the U.S. and Britain for nuclear-powered submarines has shaken its Asian neighbors and angered France. It’s also meeting resistance in the city chosen...

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