Saudi Arabia's Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco seeks to expand its reach, the chief executive said on Wednesday.Bahri is the world's largest owner and operator of very large crude carriers (VLCCs)…
Italian refiner Saras is constructing a ship-refueling terminal at its Sardinia plant and will market a new, cleaner marine fuel ahead of a major regulatory change in 2020, its chief executive told Reuters.From January 2020, the International…
Napier Port’s resource consent applications to build an additional wharf on its container terminal and carry out further dredging have been approved.According to the New Zealand port operator, it is a vital regional asset which supports local business to employ an estimated 27…
Greece-based ship-owning company TOP Ships announced that it has agreed a new time charter employment contract for 2 years with BP Shipping Ltd for its product/chemical tanker M/T Eco Revolution.The international owner and operator of modern…
The Port of Rotterdam has emphasized the reinforcement of the polluter pays principle in the run-up to trilogue negotiations on the Port Reception Facilities Directive.Last month, on October the 9th, the Transport Committee of the European Parliament…
German shipowner Reederei Nord and Singapore-based ship manager Synergy Group, on behalf of Nissen Kaiun, have launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture (JV).The combined fleet…
Esben Poulsson, Chairman of the International Chamber of Shipping (ICS), has called for International Maritime Organization's (IMO) STCW Seafarer Training Regime to be revised.IMO STCW Convention governs global standards for the training and certification of around two million merchant seafarers…
Nine leading ocean carriers and terminal operators today signed a formal statement of intent for a Memorandum of Understanding (MOU) to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology…
As a United Nations agency, International Maritime Organization (IMO) is firmly committed to the Sustainable Development Goals, one of which is about delivering quality education.A press note from the UN agency said that an important element…
The development that saw no U.S. seaborne exports of crude oil to China in August has continued into September, according to BIMCO. This is despite crude oil not being a part of the ‘official trade war’.“The trade war between the U.S. and China…
Konecranes has introduced the next evolution of its Automated Rubber Tired Gantry (ARTG) System, version 2.0.It can be retrofit to most brownfield container terminals. It fits most container stack envelopes. And truck handling is automated, with remote supervision…
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), has announced that its cruise joint venture with China State Shipbuilding Corporation (CSSC) will launch this week under the name CSSC Carnival Cruise Shipping Limited. The new China-based…
While the technology to facilitate autonomous shipping matures, many questions remain, led by the size, shape and role of the Future Mariner. The MarTID 2019 Survey aims to shed some light.The Maritime Training Insights Database steering group…
China will encourage mergers and consolidations among central government-held shipping companies, the head of the state assets regulator said on Tuesday.Xiao Yaqing, chief of state-owned Asset Supervision and Administration Commission (SASAC)…
Product and chemical tanker operator Ardmore Shipping has chosen SEDNA as its new email management and team collaboration platform for their global commercial desks, including operations, chartering and commercial finance teams.According to Ha Eun Ruppelt…
