Europe to clamp down on ship discharges
Europe, November 18, 2023 : Ships in European Union seas could face significant fines not only for oil spills, but also for sewage and garbage discharge, transport and tourism committee MEPs said yesterday.
On Thursday,...
Fugro secures work on Lithuania’s first offshore wind farm
New Delhi, November 17, 2023 : Fugro has secured a contract to carry out a geophysical survey at Lithuania’s first offshore wind farm site.
Ignitis Renewables has tapped the Dutch surveyor to support the 700...
Shipping locks in Panama Canal diversion plans
New Delhi, November 15, 2023 : The global seaborne trading map is in flux as shippers and shipowners reassess alternate routes to the parched Panama Canal, a waterway that accounts for 3% of all global...
New dry bulk index launches
New Delhi, November 14, 2023 : Platts, part of S&P Global Commodity Insights, has launched the first new dry bulk composite index in more than three decades to be priced in dollars per day,...
Eastern Pacific Shipping lines up more orders for ammonia-powered newcastlemaxes
New Delhi, November 11, 2023 : Singapore’s Eastern Pacific Shipping (EPS) has signed up for more ammonia dual-fuel newcastlemax newbuilds in China.
The Idan Ofer-controlled diversified shipowner has firmed up orders for three additional 210,000...
Seacon buys chemical tankers in leaseback deal with Union Maritime
New Delhi, November 10, 2023 : Busy Chinese shipowner and operator Seacon Shipping has picked up a pair of chemical and product tankers for $28m.
The Hong Kong-listed firm is paying $14m each for the...
Panama Canal queue grows 13% in the space of 24 hours
New Delhi, November 10, 2023 : The number of ships waiting to transit the Panama Canal has leapt by 13% in the space of just 24 hours as drastic transit cuts kick in at...
Prospect of no large tankers and gas carriers transiting the Panama Canal from next...
New Delhi, November 06, 2023 : There’s a real prospect no large tankers could be transiting the Panama Canal from the start of next year, with VLGCs also likely to be pushed out from...
Industry warns over ports call evasion of EU ETS
New Delhi, October 31, 2023 : The European Tugowners Association (ETA) has called on the European Commission to prevent cargo diversion from EU ports and carbon leakage which could possibly occur due to the...
India sets out to become a top-five shipbuilding nation within a decade
New Delhi, October 18, 2023 : Owners looking for extra shipyard capacity ought to turn their attention to the world’s most populous nation. Currently outside the top-10 shipbuilding nations globally with a market share...
