KUALA LUMPUR : Malaysia’s MISC, a subsidiary of national energy giant Petronas, has secured long-term Time Charter Parties (TCP) with Thailand’s PTT for two newbuild Very Large Ethane Carriers (VLECs). The VLECs will be
TYNE (UK) : NorthStandard has appointed Kate Kwiatkowska as its new Head of Sustainability to drive forward a key part of the global marine insurer’s long-term strategy. Joining from Fintel plc, where she served
LONDON : The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, climbed on Thursday, lifted by gains in the capesize vessel segment. The main index, which
LONG BEACH : The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as
HONG KONG : Two container ships collided in Kwai Tsing Container Terminal with at least three boxes lost overboard. According to the local reports the Hong Kong Marine Department said a container ship heading to berth
TOKYO : Inmarsat Maritime, a Viasat company, announced that Toei Reefer Line Ltd, a leading supplier of sashimi-grade tuna, will install NexusWave on board the company’s sophisticated factory vessels to support its evolving crew
MUMBAI : Anglo-Eastern, a global leader in innovative maritime training solutions, is proud to announce the establishment of a new LNG (Liquefied Natural Gas)/Ammonia bunkering station skid at Anglo-Eastern Maritime Academy (AEMA) located in
MARSEILLE : CMA CGM reports solid performance supported by the Group’s shipping investment strategy. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said:
MARSEILLE : U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based
LONDON : The US Trade Representative’s (USTR) proposal to charge up to $1.5 million to Chinese-owned ships entering US ports could cause severe congestion and delays to supply chains, according to shipping analysts. Peter