Performance Shipping Inc. (NASDAQ: PSHG) has taken delivery of the M/T P. Kikuma (formerly FSL Shanghai), a 2007-built Aframax tanker of 115,915 dwt that the company entered into an agreement to purchase in February 2020.'M/T P. Kikuma marks…
Kongsberg Maritime announced an integrated strategy to deliver remote, targeted training for its customers. Providing this service through digital platforms reduces travel, cost, time away from home and climate footprint. Three products – Remote Training…
Svitzer has announced a five-year extension of their marine service contract with NuStar.Svitzer has been delivering towage services to NuStar in Point Tupper since 2010. The extension that comes into effect on August 1, 2020 supports NuStar’s…
ABS made a key contribution to the nation’s COVID-19 response effort, helping ensure the readiness of two ABS-classed U.S. Navy hospital ships.ABS surveyors on the U.S. East and West coast helped the USNS Mercy and the USNS Comfort sail to provide…
South Korean shipping company Pan Ocean announced that Joong Ho Ahn is newly appointed as a Chief Executive Officer with effect from the date of the Board of Directors Meeting on March 30, 2020.The new CEO takes over for Sung Yob Choo who has retired before his term expired due to personal reasons.
Coffee importers in some of the largest consuming countries are stockpiling, bringing forward orders by up to a month to avoid shortages if supply chains are disrupted by coronavirus lockdowns.The global pandemic has prompted governments around…
A liquefied natural gas (LNG) tanker which loaded a cargo from the United States is currently heading to China, the first shipment since March 2019, according to shiptracking data from Refinitiv Eikon and Kpler on Monday.The tanker SK Resolute…
Supertanker freight rates are on the rise for a second time this month as producers, refiners and traders scramble to secure ships to transport crude or store a fast-growing global glut of oil, industry sources said.Freight rates for very large…
Yamal LNG, controlled by Russia's largest liquefied natural gas (LNG) producer Novatek, is resuming ship-to-ship transfers in Norway, Novatek said on Monday, after plans to shift the operations to Russia fell through due to coronavirus.Novatek…
Oily water separators (OWS) have been a common fixture of a ship’s machinery space for many decades. With the amount of experience, research and legislation that has gone into them, it would be easy to think that their use would almost be hassle free…
As the world grapples with best practices to contain the spread of the current coronavirus, Dr. Bashir Jamoh, the Director General of the Nigerian Maritime Administration and Safety Agency NIMASA, said the agency has developed guidance to support ships that operate in the Nigerian maritime domain…
“Transparency creates trust and trust creates an environment in which people are more likely to be honest, share ideas and knowledge and collaborate towards common goals.” -Dr. Binay SinghShips cannot run on fuel, fresh and sophisticated equipment…
South Africa's logistics firm Transnet said it would reduce transport services and non-essential cargo operations during a nationwide lockdown that began at midnight on Thursday to contain the coronavirus.The state-owned company said shipments…
Nigeria will only allow cargo vessels that have been at sea for more than two weeks to dock in its ports to prevent the spread of coronavirus, President Muhammadu Buhari said on Thursday.Health experts fear a widespread outbreak in Africa's…
In the midst of uncertainty and significant risk to people’s health, it is clear that the need for robust and accurate screening and testing of Covid-19 is needed now more than ever.The social and health implications of Covid-19 have already been well documented…
