Regions

Saudi Arabia’s shipowner Bahri has extended its liner shipping network to South India with calls at Ennore and Chennai ports.

Zhejiang Xiehai Group has inked shipbuilding a contract with Zhejiang Xinzhou Shipbuilding for the construction of two plus two 45,700 dwt bulk carriers.

The cargo volume moved on China’s Pearl river hit a record high in 2019, exceeding 1bn tons for the first time.

New interpretations of how US cabotage law the Jones Act applies the offshore sector by Customs and Border Protection (CBP) are causing concerns for domestic offshore vessel owners.

Avetics Global, a drone startup founded in Singapore, announced that it has received Lloyd’s Register (LR) certification to conduct surveys using Remote Inspection Technique (RIT).

Maersk Tankers has launched a new standalone digital business aimed at reducing carbon dioxide (CO2) emissions and optimising vessels’ earnings across the tramp shipping sector.

Denmark’s Norden has sold one handysize tanker and purchased two MR tankers in anticipation of a positive outlook of increased refinery production to deliver low sulphur fuel for IMO 2020.

Shanghai Chuanbo Assets Management Company has won the bidding to take over the bankrupt shipping company, Guangdong Fenghai Shipping, at a price of RMB1.3bn ($187.2m).

With the coming into force of IMO 2020 very low sulphur fuel oil (VLFSO) prices have surged since mid-December nullifying the discount to marine gas oil (MGO).

Using LNG as a marine fuel alone will not be enough to reach the IMO’s 2030 emission reduction targets says K Line chief Yukikazu Myochin.