ASVTIME, the new time charter party for accommodation support vessels, was recently adopted by BIMCOs Documentary Committee and is now available for use in SmartCon. Specifically developed for offshore oil and gas and renewables, ASVTIME co

A new set of independent indices for the Liquified Natural Gas (LNG) seaborne trade went live this week (2 March), based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel. Published twice week

DNV has supported Hapag-Lloyd in obtaining financing for six of its highly efficient containership newbuildings according to the Green Loan Principles of the Loan Market Association (LMA). DNV has verified that the transactions fulfil the r

Following the order for 12 feeder container ships at the beginning of the year, WanHaiLines will order 6 new Panamax container ships,taking its new shipbuilding spending to more than $1.1bn this year. Wan Haiis negotiating with South Koreas

China National Offshore Oil Corporation (CNOOC) on Sunday said it regrets the decision made by the New York Stock Exchange (NYSE) to delist its American depositary shares (ADSs). The NYSEs decision and actions may affect the trading prices

On March 1, the awarding ceremony of the 2020 Lifetime Achievement Award for the Seatrade Maritime Awards International, jointly organized by Informa PLC and Shanghai International Port Group (SIPG), was held in Shanghai. Mr. Chris Hayman,

Inchcape is adding a super-useful Port Cost Estimator (PCE) to its World of Ports 2.0 platform that will make both voyage cost calculations and TCE estimates much easier and more accurate. Anyone involved in voyage planning will love this c

The time is now for permanent magnet (PM) shaft generators. After years of groundwork transitioning the technology from wind turbines to marine engine shafts, WE Tech and Yaskawa Environmental Energy / The Switch have demonstrated a powerfu

The 75th session of International Maritime Organizations (IMO) Marine Environment Protection Committee (MEPC 75) has in November 2020 adopted amendments to MARPOL Annex VI, introducing a method for fuel oil sampling from ships fuel oil tank

One way we can make the current low emission technologies competitive with traditional fuels is through some form of market-based measure. We need a mechanism that equalizes the cost between using low carbon fuels and traditional fossil fue

Taking into account the significant impacts to the shipping industry due to the COVID-19 pandemic and the continuing effects of the crisis, Tokyo MOU adopted the interim guidance relating to COVID-19 circumstances, in accordance with the de

Commissioned by ourentrusting party, Guangzhou Shipping Exchange Co., Ltd. (GSE) determines to organize an online bidding for a bulk carrier named TIGER LIAONING. The announcement is stated as follows. I. Description Reserve Price: USD17,50

Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, has signed a contract with SBM Offshore to build Fast4Ward Universal FPSO hull 4 (MPF4), the first of its kind in the world. This type of ship can meet the marine environmental conditi

COSCO Shipping Ports announced that on 26 February 2021, COSCO SHIPPING Ports (Tianjin) (a wholly-owned subsidiary of the Company) (as purchaser), Tianjin Port Holdings (as seller) and the Company entered into the TCT Equity Transfer Agreem

Indian Register of Shipping (IRClass), an international ship classification society, underlineshighsafety standards as key todoubling Indias ship recycling capacity by 2024, an ambitious target set byIndiangovernment in the recent Union Bud