China's marine fuels sales fell by as much as 50% in February as the rapidly spreading coronavirus and prolonged Lunar New Year break strangled freight movement in and out of the global manufacturing powerhouse, trade sources said.The epidemic…
Singapore-based shipping company Unix Line PTE Ltd. pleaded guilty in U.S. federal court to a violation of the Act to Prevent Pollution from Ships.Unix Line admitted that its crew members onboard the 16,408 gross-ton oceangoing motor tanker…
There is much talk among maritime professionals about how automation and autonomous vessels will make the industry safer. In truth, innovation will be driven by the bottom line and will take time before it is commonplace in the industry. Early…
Last year Kawasaki Kisen Kaisha, Ltd. (“K” Line) – one of the world’s largest and most influential ship owners with 478 ships comprising 40.5 million DWT and more than 6,000 employees – celebrated its 100th anniversary. Toyohisa Nakano, Executive Officer…
America’s largest military shipbuilding company Huntington Ingalls Industries announced that Chief of Naval Operations Adm. Michael Gilday visited the company’s Ingalls Shipbuilding division.During his visit, Gilday toured the shipyard facility…
In 2020 a lot will happen in the port of Hamburg. Jens Meier, Managing Director of the Hamburg Port Authority, gives an outlook and reports on the major port topics of the year in two episodes of PORT IS WHAT WE DO. In this first episode, he…
Xodus Group launched a new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand.In contrast to some recent future energy scenarios, Xodus believes worldwide energy consumption will continue to increase…
Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoA) to sell to an unaffiliated third party, the 2002-built vessel Norfolk.The global shipping company specializing in the ownership…
South Korean port company Busan Port Authority (BPA) said that it signed a contract with Samsung SDS to operate a logistics center in Rotterdam.BPA will begin a construction of the logistics center in September this year and complete and operate it in around June 2021…
The intergovernmental agreement signed between French and Italian States to establish Naviris, the joint-venture (JV) between the shipbuilders Naval Group and Fincantieri.This agreement makes the long term alliance launched by these two industrial Groups fully operational…
There's still time to complete the third annual global Maritime Training Insights Database (MarTID) survey, open through February 29, 2020.Make sure your voice is heard. Take the MarTID 2020 survey today:Vessel operator survey: https://www.surveymonkey…
Taiwanese container transportation and shipping company Evergreen Line has launched a new digital platform designed to provide customers with seamless booking capabilities and greater access to integrated trade services.Evergreen Line said in…
International provider of marine drybulk transportation Safe Bulkers said that two of its vessels - MV Kypros Sky and MV Kypros Spirit - were sold and leased back recently on a bare-boat charter basis for a period of eight years.The Monaco…
Singapore's Maritime and Port Authority (MPA) will be giving a 50% port dues concession to passenger ships, to provide relief to ship owners and operators who have seen a drop in passenger volumes because of the COVID-19 (Coronavirus Disease 2019) outbreak…
The Australian Government has selected Fugro to join the HydroScheme Industry Partnership Program (HIPP) to increase Australia’s hydrographic industry capability.The panel of industry partners was chosen as part of a long-term strategy to ensure safe shipping routes…
