Leading Chinese marine fuel suppliers Chimbusco, PetroChina and Sinopec Corp have penned agreements to procure very low sulphur fuel oil (VLSFO) from international companies including Shell in preparation for IMO 2020.
Yingtan port in China’s Jiangxi province is to start the construction of its cargo terminal project at the end of this month to improve domestic waterway transportation.
Yet another ship was involved in a piracy incident on Wednesday in the Singapore Strait following five vessels already attacked by pirates earlier on 20 and 23 December, according to an update by ReCAAP Information Sharing Centre (ISC).
Japan carriers NYK and MOL have entered into agreements with compatriot Kyushu Electric Power (Kyuden) on the deployment of the world’s first LNG-fuelled large coal carriers.
Yangzijiang Shipbuilding announced that, Ren Yuanlin, executive chairman of the company, is to return to office and resume his duties with the company.
Ardent is refocusing its business of salvage and emergency management shifting its headquarters to the Netherlands from Houston in the US.
DP World has inked a 30-year Build-Operate-Transfer (BOT) concession with the Saudi Ports Authority (Mawani) for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port.
The leaders of Cyprus, Greece and Israel plan to sign an agreement in Athens, 2 January 2020, for the building of the Eastern Mediterranean natural gas pipeline.
Tensions in the Eastern Mediterranean and the Aegean, are rising over a Turkish maritime zone deal and the region is preparing for a difficult January.