Monthly Archives: September 2017

Golden Ocean Group has  announced that it has entered into agreements to sell six Ultramax vessels built at Chengxi between 2015 and 2017 en bloc for USD 142.5 million to an unrelated third party. The net cash proceeds from the sale after the…

FueLNG, a joint venture between Keppel and Shell Eastern Petroleum (Pte) Ltd (Shell), has achieved the first commercial Liquefied Natural Gas (LNG) bunker transfer in Singapore by completing truck-to-ship bunkering for the Floating Liquefaction (FLNG) ...

Liner shipping company Hapag-Lloyd has sold three of its older containerships for green recycling in China and Turkey. The three vessels, Deira, the Najran and the Sakaka, have been part of the Hapag-Lloyd fleet since its merger with UASC at the end of May…

Current research and technical developments in oil spill preparedness and response were in the spotlight at a major seminar in Tianjin, China (20-21 September). The International Oil Spill Response Technical Seminar brought together over 150 representatives of national government…

Close to 240 maritime leaders and professionals will gather in Singapore to identify priority areas for international action and exchange best practices in maritime technology transfer and capacity building at the Future-Ready Shipping 2017 Conference.

Once technical standards have been developed by IMO and adopted into national laws, the next step is implementation on board ships. This is the role of both flag States, who issue surveys and certificates, as well as port States, who can inspect all sh...

In an effort to go green amid looming strict emission rules, South Korea will launch a pilot program to build the world's largest vessel powered by liquefied natural gas (LNG), reports Yonhap. South Korean Ministry of  Oceans and Fisheries  said it will join forces with local shipyards…

Iran and Kazakhstan established a joint shipping company to boost trade, said the managing director of the Islamic Republic of Iran Shipping Lines (IRISL). Mohammad Saeedi told Tasnim News Agency that Iran and Kazakhstan's state-owned railroad…

After successfully completing its initial public offer (IPO) recently, India's Cochin Shipyard Ltd (CSL) has lined up expansion projects. The IPO's proceeds will be utilised to fund these expansions. The PTI reported that CSL is now setting…