COSCO Shipping Energy invests $449M in methanol dual-fuel tankers
SHANGHAI : COSCO Shipping Energy Transportation, has recently finalized significant shipbuilding agreements, securing contracts for the construction of six new tankers valued at a total of $449 million. As informed, this move represents a
Red Sea attacks’ on ships potential impact on oil and gas shipping
LONDON : Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world’s main East-West trade route, following attacks launched by Yemen’s Houthi group on commercial ships at
Bernhard Schulte orders its first CO2 tanker
HAMBURG : Bernhard Schulte expands its fleet portfolio and announced the order of its first CO2 tanker. The newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and will feature innovative technologies significantly reducing its
MariApps signs a massive deal with state owned Kuwait Oil Tankers Company (KOTC)
SINGAPORE : MariApps Marine Solutions (MariApps), with expertise in maritime digital solutions for maritime organizations, announced an agreement that will enhance the digitalization of Kuwait Oil Tankers’ Company (KOTC) fleet operations. Kuwait Oil Tanker
Israel-Hamas War rocket attacks are leading oil tankers to make unusual moves near ports
HAIFA : Oil tankers in the Red Sea are taking unusual actions amid the Israel-Hamas war, shutting off their global tracking transponders — called Automatic Identification Systems (AIS) — in an effort to traverse
Iran seizes ‘Purity’-an oil tanker, US boosting military presence
TEHRAN : Iran has detained a third tanker in the space of 19 days, as the confrontation over the control of maritime assets in the Persian Gulf heats up.“An Iranian oil tanker, which was
Samsara Shipping awarded as the “2nd Best Shipping Agent” for the year 2022-23 by Paradip Port Autho…
PARADIP : Samsara Group are delighted to share that Samsara Shipping Pvt. Ltd. has been awarded as the “2nd Best Shipping Agent” for the year 2022-23 by Paradip Port Authority at the Annual Awards
China-Russia vs US-EU: How global shipping is slowly splitting in two
NEW YORK : Another meeting between a House speaker and Taiwan’s president, another spike in tensions in the Taiwan Strait. Last summer’s meeting between Taiwan President Tsai Ing-wen and Nancy Pelosi prompted Chinese live-fire exercises.