India in Global Hunt for LNG
India is scouting for new liquefied natural gas (LNG) contracts globally as part of a push to secure cheap supplies for its under-utilized gas-fired power plants, reports Bloomberg.
HMM Among 5 Bidders to Take Over Hanjin’s Transpacific Routes
South Korea’s Hyundai Merchant Marine (HMM) is one of five bidders for the trans-Pacific and intra-Asia networks of Hanjin Shipping Co, reports WSJ. HMM submitted letters of intent to bid on Friday…
Mumbai Port Trust Plans Luxury Cruise Terminal
The Mumbai Port, one of the oldest in India, will be investing Rs 225 crore ($33.68) to build a modern passenger terminal that can cater to cruise ships, reports PTI.
EU Welcomes Progress in Tackling Maritime Emissions
The European Commission welcomes progress made this week within the International Maritime Organisation (IMO) to address greenhouse gas emissions in the maritime sector.
IMO Sets 2020 Date for Ships to Comply with Emission Requirements
In a landmark decision for both the environment and human health, 1 January 2020 has been set as the implementation date for a significant reduction in the sulphur…
European Shipowners Welcome IMO Decision on Emission
The 70th session of the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) concluded today (October 28) with a decision…
Woodside Buys ConocoPhillips’s Senegal interests
Woodside completed the transaction to buy 100% of the shares in ConocoPhillips Senegal B.V. The total purchase price was US$350 million plus net customary adjustments of approximately US$90 million.
Federal Maritime Commission Chairman Meets D.G. of DMA
Chairman of the Federal Maritime Commission (FMC) in the USA, Mario Cordero, visited the Danish Maritime Authority today in connection with his participation in Danish Maritime Days.
Roadmap to Help Cut GHG Finalized
Today, the IMO Marine Environment Protection Committee (MEPC) has agreed on a roadmap for how the shipping industry can contribute to the global efforts made to re-duce greenhouse gas emissions.
Klaveness Exits Bulk Shipping Business
With the sale of the kamsarmax vessel MV Bavang to Asian interests Klaveness has exited the dry bulk shipping business. Klaveness took delivery of the vessel from…
IMO Moves toward Phase out of HFO in the Arctic
The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC70) meeting brought progress by member countries toward a phase out…
