On17 Apr 21,two incidentsoccurred to ships while underway offTanjung Pergam, Bintan Island, Indonesia.The two incidents occurred within aninterval of four hours and in close proximity to each otherin theeastbound lane of the Traffic Separat

The Future of Black Gold? Last week we wrote about the future of North Sea oil production and how it is a story of two halves. With production in the UK sector on a downward trajectory, whilst in the Norwegian sector the recent start-up of

On the morning of April 22, New Times Shipbuilding held a signing ceremony for the delivery of 6# 325,000 dwt VLOC for Pan Ocean, marking the completion of the project. The six 325,000 dwt VLOCs ordered by Pan Ocean have a total length of 3

A growing array of ocean industry stakeholders are throwing their hats in the hydrogen ring, identifying the potential of a fuel that, they believe, could help industry, and society, move successfully towards our shared climate goals. With

On April 21, China Shipbuilding Trading and Huangpu Wenchong signed a contract for the construction of four 1900TEU container ships with BRIESE, a European ship owner, through cloud signing. Since the beginning of this year, Huangpu Wenchon

The Baltic Exchanges main sea freight index that tracks rates for ships carrying dry bulk commodities extended gains, rising to its highest since late 2010 on Thursday as capesize rates jumped on strong Chinese iron ore demand. The index, w

ONEX Peace, an Aframax tanker built by Hyundai Samho Heavy Industries and delivered to its owner ONEX, has become the worlds first merchant ship to receive DNVs SILENT-E notation. DNV is the first classification society to offer an underwat

Shippers, freight-forwarders, liner operators and everyone within the ocean container freight value chain can now access reliable real-time intelligence of fluctuating daily rates with the launch of the Xeneta Shipping Index (XSI) for thesh

To attract, retain and upskill talent in the fast-transforming maritime sector, a set of initiatives were unveiled today by Mr Niam Chiang Meng, Chairman of Maritime and Port Authority of Singapore (MPA). The announcement was made at the Ma

The sixth 210,000 dwt bulk carrier HUI TAI HAI (N951), contracted by COSCO Shipping Heavy Industry (Yangzhou), was christened in Yangzhou on April 20. The 210,000 DWT Newcastle bulk carrier is 299.95m in length, 50m in width and 25m in dept

In accordance with Notice of the Ministry of Agriculture and Rural Areas on adjusting the system of summer fishing ban of the Peoples Republic of China (Circular [2021] No. 1 of the Ministry of Agriculture and Rural Areas) (The Notice), fro

Chinese shipyard, Hudong-Zhonghua Shipbuilding, has recently completed the sea trials for the first FSRU it is building for the Greek shipping company, Dynagas. The shipyard, a unit of the China State Shipbuilding Corporation (CSSC) said th

Russias announcement that it will close access to the Kerch Strait which connect the Black Sea and the Sea of Azov has triggered a reaction within the London insurance market. The Joint War Committee of Lloyds Market Association has issued

Ampelmann and C-Job Naval Architects have joined forces to develop a one-of-a-kind offshore wind feeder vessel concept with motion compensation technology, specifically suited for the rigorous demands of operatingoff the east coast of the U

A S$120 million fund for a maritime decarbonisation centre in Singapore The Maritime and Port Authority of Singapore (MPA) will join hands with industry partners under two separate agreements signed today to advance decarbonisation efforts