Positions PIL for Recovery and Sustainable Long-Term Growth Pacific International Lines (PIL) is pleased to announce that it has garnered support from a significant majority of its creditors and noteholders for its debt restructuring plan.

Alexander Enstrm joins world-leading coatings manufacturer Hempel to lead its new global marine organisation, as Hempel looks to build on its leadership position in the marine industry. With a strategic ambition to double revenue by 2025, H

Tomorrow marks the beginning of the leading international maritime trade event, SMM DIGITAL, for the first time held as a fully digital conference this year due to the coronavirus pandemic. At the online opening press conference for SMM DIG

The ten teams selected for the final phase of Helsinki Energy Challenge have submitted their final competition entries. The finalist entries include many different proposals on how Helsinki can stop using coal for heat production as sustain

Energy storage pioneer Corvus Energy is set to start development and production of sustainable, large scale maritime-certified hydrogen fuel cell systems. Production will be located in Bergen, Norway with Toyota onboard as key partner and s

The Republic of the Marshall Islands is not only white listed with the Paris and Tokyo Memorandums of Understanding (MoUs), but has also maintained QUALSHIP 21 status with the United States Coast Guard for 16 consecutive years, which is unp

Todays shipowners face a simultaneous battle on two fronts, states leading paint and coatings manufacturer Jotun. A growing pressure to comply with ever more stringent environmental regulations is matched by a need to control costs, and enh

Global e-Navigation leader NAVTOR has announced a bold move into the realm of fleet management and performance optimisation with the launch of NavFleet. The breakthrough application, developed over the past two years in collaboration with k

On the morning of January 29th, the first 1800TEU container ship built by Yangzijiang Shipbuilding for Japans PSM Company was successfully christened and delivered in New Yangzi Shipbuilding. Mr. Masahiro Shimizu, the manager of the site of

2M Alliance container shipping members A.P. Moller-Maersk and Mediterranean Shipping Company have canceled four sailings out of China around the Lunar New Year holiday in February to get back on schedule after port congestion caused widespr

The freight rate of most routes was stable, and the composite index drops slightly Ningbo Containerized Freight Index: In the week ending Jan-22, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 245

Some major but unsurprising decisions shook the North American energy market last Wednesday. January 20th saw the US re-join the Paris Climate Agreement, ban the development of the controversial Keystone XL (KXL) project and temporary freez

ReCAAP ISC today issued an Incident Alert (01/2021) on incidents against ships in the eastbound lane of Singapore Strait : The incidents of armed robbery against ships continued to occur to ships while underway in the Singapore Strait Durin

CSSC Guangxi Shipbuilding successfully delivered 5000 m3 LPG ship ZHAO YUAN, which is Chinas first LPG ship complying with the new IGC regulations. The ship is a full-pressure LPG transport ship with straight bow, square stern, single engin

The mechanism supporting the generation of reports has changed since version 4. The development team is currently making the necessary adjustments so full reports are once again available. This is expected in the second quarter of 2021. The