The Panama Canal Authority (ACP) has announced that, based on the present and projected level of Gatun Lake for the following weeks, it will be further reducing the draught for the new locks.
London-based Greek shipowners have urged the IMO to bring together oil companies, marine equipment makers and classification societies to guarantee fuels created to comply with 2020 environmental rules do not damage engines and cause accidents.
Oman Shipping Company (OSC) is eying an ambitious fleet expansion plan after it ordered two eco-friendly newbuild VLCC at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME).
The Port of Fujairah has become the latest major port to ban the use of open-loop scrubbers in its waters.
Singapore is aiming to move forward with the digitalisation of shipping trade documentaton such as Bills of Lading (BLs) by developing standards inter-operability of different solutions that use technology such as block chain.
China’s central government is planning the consolidation for several industry sectors to optimise the state-owned regional assets structure and reduce horizontal competition.
Saudi Arabia represents a major investment opportunity for the shipping and maritime industries as the country diversifies its economy.
Last year proved to be "challenging but positive" and "cautious optimism" seems to sum up the feeling in the industry when it comes to 2019, judging from comments made by Nick Brown director, marine and offshore at Lloyd's Register when cutting the Greek Vassilopita at the classification society's traditional annual celebration in its London office, 15 January.