News Updates

Tankers Demand Falls
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Tankers Demand Falls

Pic: Tanker ship   The tanker market’s demise so far this year, is reflected in the S&P market as well...

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Full-electric harbour craft to support and mitigate Singapore’s greenhouse gas (GHG) emissions
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Full-electric harbour craft to support and mitigate Singapore’s greenhouse gas (GHG) emissions

The Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI) have awarded funding to three consortiums..

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Renewable fuels, a key component in decarbonising the planet
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Renewable fuels, a key component in decarbonising the planet

Pic: Hydrogen ship   Mass production of renewable fuels will be a key component in decarbonising the planet. The key..

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First-ever full remote in-water hull survey completed
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First-ever full remote in-water hull survey completed

Bureau Veritas has completed, together with MaDfly – Marine Drone Services, the first full in-water ship’s hull survey with a..

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No short-term easing
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No short-term easing

Pic: forklift crane lifting cargo container   The increases in freight rate levels appear to be virtually without end. From..

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Remarkable revival in shipping in first half of 2021 brings welcome relief for many professionals
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Remarkable revival in shipping in first half of 2021 brings welcome relief for many professionals

In the global shipping market the first half of 2021 has seen a remarkable revival although one of the main..

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IMB Q2 2021 report indicates lowest recorded incidents since 1994 on Piracy and Armed Robbery
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IMB Q2 2021 report indicates lowest recorded incidents since 1994 on Piracy and Armed Robbery

In the ICC International Maritime Bureau (IMB) report on Piracy and Armed Robbery against Ships for Q2 in 2021, it..

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World’s first CO2 Capture Plant onboard vessel to be developed
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World’s first CO2 Capture Plant onboard vessel to be developed

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has been conducting a joint project with Mitsubishi Shipbuilding Co., Ltd. (“Mitsubishi Shipbuilding”) and..

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Sanctions protection pressure
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Sanctions protection pressure

In July, BIMCO published its Automatic Identification System (AIS) Switch Off Clause for Time and Voyage Charter Parties 2021, representing..

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