Japans shipping giant Mitsui O.S.K. Lines (MOL) has entered into a long-term charter deal with Hong Kong LNG Terminal for a floating storage and regasification unit (FSRU). MOL said that the worlds largest FSRU, the FSRU Challenger, would b

The Tokyo and Paris MoUs have developed a Concentrated Inspection Campaign (CIC) on emergency systems and procedures. The CIC will run from 1 September to 30 November 2019. This PSC news gives an overview of DNV GLs recommendations for focu

1.Eastern Chinese port of Qingdao has inked strategy co-operation agreement with global information and communications solutions provider Huawei to jointly develop 5G technology. 2.Taiwanese shipping company Yang Ming Marine Transport Corp.

The IMO Marine Environment Protection Committee (MEPC) held its 74th session from 13 to 17 May 2019. The meeting was significant being the last MEPC session before the global sulphur cap comes into force from 1 January 2020. The MEPC-73 in

The Hong Kong Shipowners Association (HKSOA) has supported the recent deliberations of the 74th session of the Marine Environment Protection Committee (MEPC74) of the International Maritime Organisation (IMO) on the 2020 global sulphur cap.

ARIES oil field services, is now the Middle Easts 1st establishment to be approved and certificated for Remote Inspection Techniques specialist (UAV) for Ships and Offshore units by ABS. Considered as an additional alternative means of acce

A lack of debunkering options at ports could leave vessels stuck with HSFO onboard for a long time in 2020, the International Bunker Industry Association (IBIA) has warned. For non-scrubber equipped vessels, this would cause not only logist

T he International Day of the Seafarer is celebrated each year on 25 June. The International Maritime Organization (IMO) is calling on everyone in the maritime world and beyond to get on board with this years theme of gender equality and de

MacGregor thought-leadershiparticle fibre-rope and OWS Offshore Game-changing advances turn the tide on convention Leveraging proven technology and extensive knowledge, MacGregors new fibre-rope offshore crane offers enhanced load handling

China delivered its first intelligent very large crude carrier (VLCC) in Dalian, northeast Liaoning Province, on Saturday. The VLCC, named New Journey, is also the worlds first smart VLCC with a loading capacity of 308,000 tons. Its more th

Hong Kong utilities, Castle Peak Power Company (CAPCO) and the Hongkong Electric (HK Electric) signed a deal with Shell Eastern Trading, for long-term LNG supply for the Hong Kong offshore LNG terminal. After completion of the project, Shel

VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between June 13, 2019 and June 20, 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot freight rates for a VLCC, carrying 2 million

1.The global first intelligent No.82 VLCC (308,000 DWT), constructed for China Merchants Steamship (CMES) by DSIC delivered successfully on June 22, 2019 in Dalian. Captain Xie, the Chairman of DMES named the ship New Journey. 2.Japans ship

I​dentifying organisms and microbes in ballast water, as well as monitoring port marine life where ballast water may be released, are key for countries preparing to enforce IMOs Ballast Water Management Convention. The treaty involves mea

During Nor-Shipping earlier this month, our Head of Offshore, Robert Day, joined industry professionals to speak at Marine Moneys Norway Ship and Offshore Finance Forum. His presentation Making Sense of Consolidation, The Data Behind Decisi