The global oil demand will peak in the mid-2020s and gas demand will keep rising to 2033, says DNV GL.Gas demand will then plateau, and the fuel will remain dominant until the end of the forecast period in 2050, when it will account for over 29% of the world’s energy supply…
Ports are essential for the global supply chain - but do they need more international regulation?High-level speakers engaged in a lively debate at a joint Hutchison Ports, International Maritime Organization (IMO) and IMO International Maritime Law Institute (IMLI) seminar (9 September)…
Vestdavit secured an order to supply three new Norwegian Coast Guard vessels with davits equipped for polar conditions, in a project which also calls for installation of a deck-mounted transfer system for rapid deployment.The ships are being…
A new express feeder service to Liverpool has smashed its initial targets almost immediately after launching in June, underlining demand for a direct Far East call at the port.The weekly Yang Ming service from Southampton is now operating at 150 boxes per week…
New research into maritime startups concludes that higher bandwidth connecting ships to shore at lower costs is empowering a new breed of single-minded innovators to bring the true benefits of digitalization to the shipping and offshore sectors…
One of Mexico’s most popular tourist destinations, Puerto Costa Maya, has upgraded its port to simultaneously accommodate four cruise vessels – one more than previously, including two Oasis-class cruise ships. As part of the project, Trelleborg’s…
Bermuda-based ship-owning and ship chartering firm Ship Finance International Limited (SFL) has agreed to purchase three very large crude carriers (VLCCs) from Norwegian investment company Hunter Group. The 300,000 dwt oil tankers are currently…
G2 Ocean, a joint venture of two of the world's leading breakbulk and bulk shipping companies - Gearbulk and Grieg Star, hired three new Senior Project Cargo Managers and opens offices in Houston and Hamburg.Since the launch of G2 Ocean in 2017…
Copenhagen headquartered ferry and logistics company DFDS has reached an agreement with the Italian ferry company Moby to acquire its the two combined freight and passenger ferries (RoPax).The Danish company decided to purchase the ships, the 2001-built Moby Wonder and the 2005-built Moby Aki…
Hong Kong-headquartered containership management and ownership company Seaspan Corporation announced that it has purchased a 2010-built 9600 TEU containership and entered into a fixed rate time charter agreement for the vessel with Ocean Network Express (ONE)…
Netherlands-based towage and salvage provider, Multraship, has held the christening ceremony for two new Novatug Carrousel Rave tug (CRTs) at Rotterdam.Multratug 32 was christened by Mrs Muller-Ribbens and Multratug 33 by The Netherlands Minister of Infrastructure and Water Management…
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize…
Hyundai Samho Heavy Industries (HSHI), a unit of the South Korean shipbuilder Hyundai Heavy Industries (HHI), has won an order for a liquefied natural gas (LNG) carrier.According to a stock exchange announcement by HHI, the deal has a value of $191…
Five participants will be taking part in a pilot project in Port of Rotterdam Authority which will focus on mobile shore-based power solutions for sea-going vessels.The project was established by the municipality of Rotterdam and the Port of…
The safety of ships carrying bulk cargoes depends on proper implementation of International Maritime Organization (IMO) rules - and training is crucial.A new IMO Model Course on Safe Handling and Transport of Solid Bulk Cargoes is expected…
