As Members are aware from our News Alert of 21 January 2021 (click here ), the US Department of Office of Foreign Assets Control (OFAC) recently designated Venezuelan National Institute of Aquatic Spaces (INEA), the Venezuelan Maritime Auth

Members will already be aware of the news that on 1 February 2021 the military have taken control of Myanmar. The local correspondent reports that: 1.Yangon and other ports and customs facilities continue to operate; 2.airports are temporar

Torqeedo,Inc. announced the appointment of seasoned marine industry sales executive Patrick Bucci as senior director for business development for its electric and hybrid propulsion systems. In this new position, Bucci will have responsibili

The Port of Singapore has been recognised as an Asia-Pacific Economic Cooperation (APEC) Port Services Network (APSN) Green Port in 2020. This is the third consecutive time that MPA has received the accolade since it was launched in 2016. T

The International Chamber of Shipping (ICS) has announced that it has been selected as a network partner for the 2021 Business Twenty (B20). This represents the first time that an international shipping body has been invited to join the off

(Marine NewsWire)The Marine Division of Mission Critical Electronics (MCE) has added a new product manager, Roger Jin, and European sales manager, Olaf Klop to work with its marine brands of ASEA Power Systems, Newmar and Xantrex. Jin and Kl

With COVID-19 testing improving and vaccine roll-out accelerating, there is much to feel hopeful about in 2021 for a maritime industry learning from its 2020 experiences, writes Paul Jennings, Chief Executive of North PI Club A new and ener

Waigaoqiao Shipbuilding signed and delivered Trust Qingdao, the first ship of 210000 DWT bulk carrier series built for ICBC leasing. Trust Qingdao is independently designed by Waigaoqiao Shipbuilding, with a total length of 299.88m, a width

Chinas efforts to keep people from travelling for Chinese New Year because of several clusters of COVID-19 infections are forcing analysts to revise first-quarter fuel demand estimates, but are not expected to derail its post-pandemic recov

Iron ore prices tumbled on Tuesday, as market participants turned cautious ahead of a week-long Lunar New Year holiday beginning on Feb. 11 in top steel producer China. The most-traded May iron ore contract on Chinas Dalian Commodity Exchan

Chinas imports of major commodities are expected to show strong growth in January data, a reflection more of short-term factors, however, that are topping off a solid economic underpinning. Imports of crude oil, iron ore and coal are all ex

Global factors, not Chinas anti-epidemic efforts, cause port congestions: industry insiders Some foreign media outlets have reported that congestion of cold-chain containers at Chinas sea ports could impact the global supply chain, but a Gl

Signal Ventures , the investment arm of the Signal Group, is seeking entrepreneurs and start-ups in the maritime sector to join its ecosystem of technology partners. Led by Greek entrepreneur Ioannis Martinos, Signal Ventures focuses on B2B

BIMCO is working on a charter party clause to help tackle potential abuse by sanctions busters of the Automatic Identification System (AIS) which is mandatory for all ships to carry under SOLAS. AIS transmits information about a ship includ

Jan Ole Huseby, Head of Ocean Industries at DNB, looks back over an unforgettable year in business and life while scanning the post-pandemic horizon for the bright spots ahead. Face-to-face interaction, at the newly scheduled Nor-Shipping 2