Since the boarding of the Singapore-registered ship, SUCCESS 9, by unidentified persons on 10 April 2023, the Maritime and Port Authority of Singapore (MPA) has been coordinating with the ship owner and multinational agencies through the In

Mind the Cap It has been approximately five months since the imposition of the G7 price cap on Russian crude exports. The G7 has since agreed to keep the price cap at $60/bbl instead of lowering it further as some had called for. This comes

On April 14, MOBY FANTASY, a 2500 passenger/3800 meter lane luxury ro - ro passenger ship built byCSSC Guangzhou Shipyard Internationalfor MOBY Lineof Italy, set s sail at Longxue Island, Nansha, Guangzhou. MOBY FANTASYhas a total length of

The Lloyds Register (LR) Maritime Decarbonisation Hubs Zero-Carbon Fuel Monitor has found that although technology readiness is high, the formation of viable economic cases for each player in the supply chain is needed to scale up adoption

Sabrina Chao, Founder and Chairman, and Kenneth Lam have co-founded SeaKapital which is an independent Ship Leasing Company and is now in operation. Sabrina Chao is a seasoned shipowner and currently the President of BIMCO, the largest non-

SAN RAMON, Calif. April 13, 2023 Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC, and the Angelicoussis Group, through its Energy Transition division, Green Ships, announced a Joint Study Agreement (JSA)

Partner at international law firm, Ince, Rosita Lau grateful for the many messages of concern [Photo: Hong Kong Maritime Hub] The protracted collapse of large UK-listed law firm Ince Group sent shivers through much of Hong Kongs shipping co

Containers await shipping at a port in Xiamen, Fujian province. [Photo by WANG XIEYUN/CHINA DAILY] Chinas foreign trade grew by 4.8 percent on a yearly basis to 9.89 trillion yuan ($1.44 trillion) in the first quarter of 2023, data from the

Technology group Wrtsil, along with Norway based Hegh LNG and other partners, Institute for Energy Technology (IFE), University of South-East Norway, Sustainable Energy and BASF SE have received funding of approximately EUR 5.9 million from

Global diesel and gasoil floating storage volumes have been rising steadily since the beginning of the war in Ukraine. Currently about 15.6mbbls are held on ships, which is 95% higher than the weekly average for April 2022. The increase in

[Photo:Seacon ShippingGroup] Seacon ShippingGroupannounced that on April 12, 2023, the buyer Seacon Shipping Pte. Ltdentered into two shipbuilding contracts with the seller HuanghaiShipbuilding, with a total consideration of US$83.16 millio

Despite the collapse in freight rates, shipowners still have an appetite for new container ship orders and the order book has continued to grow. The record high order book of 7.54 million TEU will result in significant changes to the contai

At the Connecticut Maritime Associations conference in Stamford in mid-March, Thomas gave a keynote speech which was reported on by Lloyds List. In the keynote, he said that the coming year will be pivotal for the shipping industrys decarbo

Columbia Shipmanagement (CSM) shows commitment to innovation and cutting-edge technology with trial of new internet service Starlink, created by technology disruptor Elon Musk. Leaders in innovation, the ship management arm of the Columbia

Two of Hong Kongs most high profile maritime personalities have joined forces to create a home-grown ship leasing firm. The latest ship leasing firm in Hong Kong is to be led by Kenneth Lam and Sabrina Chao, the co-founders of SeaKapital Li