SSY Pacific Capesize Index Rises 312 Points
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index reports a change of 312 points in the week ending Monday to 3,814. "The SSY Pacific Capesize Index rose by 312 points week-on-week to 3…
First Cove Point LNG Lifting Departs Maryland
The first contractual liquefied natural gas (LNG) cargo from Dominion Energy Inc's newly constructed Cove Point LNG export plant in Maryland in the United States left the facility on Monday…
Flensburg Shipyard, Spirit of Tasmania Sign LOI
TT-Line Company and European shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) have signed a letter of intent (LoI) for the construction of two new ships to replace…
Clean Arctic Hails IMO Action on HFO
The Clean Arctic Alliance has applauded progress by International Maritime Organization member states towards banning use of the world’s dirtiest fuel – heavy fuel oil – from Arctic shipping.
Dutch Deal on Inland Shipping GHG
Declaration of Nijmegen was signed by the inland shipping sector, along with Minister Van Nieuwenhuizen (Infrastructure and Water Management) on Friday (April 13).
CSC Welcomes Commitment to Decarbonise Shipping
The commitment by governments to require international shipping to decarbonise and at least halve its greenhouse gas emissions by 2050 is a welcome and potentially game changing development…
Commissioners Bulc and Arias Cañete Welcome IMO Emissions Target
"The agreement reached today at the IMO is a significant step forward in the global efforts to tackle climate change. The shipping sector must contribute its fair…
LCS 17 Christened USS Indianapolis
The Lockheed Martin-led industry team hosted the christening ceremony for the 17th Littoral Combat Ship (LCS) at the Fincantieri Marinette Marine shipyard on Saturday.
APL Adds Port Calls to CP1 Service
APL, one of the world’s leading ocean carriers, announced that its China Philippines Express 1 (CP1) service will be making additional calls at the Chinese port…
DFDS to Acquire Turkey's Largest RoRo Operator
Danish shipping and logistics group DFDS has acquired Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong and continuously…
BIMCO applauds IMO for setting emission target
"The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions…
Van Oord LNG Fueled Crane Vessel Named
With a two-day event on the quay of the Biesboschhaven Zuid harbour in Werkendam, Van Oord will launch its first LNG-powered vessel: the Werkendam. Because of Van Oord’s 150th anniversary…
SeaBubbles: ABB Electric Water TaxiTested
A futuristic, zero-emission new design of water taxi, called SeaBubbles, was successfully demonstrated today on Lake Geneva in Switzerland. The vehicle represents…
Arena Named VP at Shipbuilder
Huntington Ingalls Industries announced today that Jon Arena has been named vice president and chief counsel of HII’s Newport News Shipbuilding division. He will succeed Jim Gildea…
USCG respond to oil leak in Mystic River
The Coast Guard and Massachusetts Department of Environmental Protection responded to a dielectric oil leak Friday in the Mystic River near the Alford St. bridge.
Vroon Reaches Restructuring Terms with Lenders
Vroon shipping group has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring. The agreement, which is only…
Fast, Quick Action Needed to Meet Paris Climate Goals: CAN
The International Maritime Organisation (IMO) has agreed on an initial strategy to decarbonise international shipping and reduce emissions from ships by at least 50% by 2050.
Sempra Energy to Build Liquid Fuel Terminal in Mexico
Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), plans to develop, build and operate a receipt, storage…
Stena Drillship First to Receive DNV GL MPD Class Notation
DNV GL has revised its classification rules for Managed Pressure Drilling (MPD) systems and introduced two new class notations DRILL(MPD) and DRILL(MPD READY). Stena Drilling Ltd.
ICS Cheers 'Paris Agreement for Shipping'
The International Chamber of Shipping (ICS) has welcomed the high level strategy for the further reduction of shipping’s greenhouse gas (GHG) emissions, adopted…
