Monthly Archives: March 2024

ZIM Integrated Shipping Services has announced consolidated results for the three and 12 months ended December 31, 2023, noting a net loss for the fourth quarter of $147 million (compared to a net profit of $417 million in the fourth quarter of 2022).T...

Russian tanker Krymsk, hit by sanctions, docked on Wednesday at the Chinese port of Dongying in eastern Shandong province, home of independent refiners, to discharge 700,000 barrels of Russian Sokol crude, LSEG and Kpler shipping data showed.This is th...

Tokyo Gas and 13 other Japanese companies plan to set up a consortium "soon" to develop technology to mass produce floating offshore wind power facilities at a low cost, the Nikkei business daily reported on Wednesday.The other companies include Japan'...

Eleven Filipino seafarers arrived in the Philippines on Tuesday nearly a week after they survived a Houthi missile attack off Yemen.They were crew members of the Barbados-flagged, Greek operated merchant ship True Confidence which the Houthis attacked ...

Dutch company Huisman has secured a contract to supply two subsea cranes for Toyo Construction’s new cable laying vessel (CLV), being built by Norwegian shipbuilder Vard.The contract Huisman signed with Vard is for the delivery of full electric 250 mt ...

German shipowners' group VDR on Tuesday urged the Berlin government to provide legislation implementing European Union requirements to include the sector in the bloc's carbon trading system.The government is behind in transforming an EU agreement…

The U.S. Central Command (CENTCOM) has confirmed that Yemen's Houthis fired two anti-ship ballistic missiles from their controlled areas into the Red Sea toward merchant vessel Pinocchio.The Singaporean-owned, Liberian-flagged ship was attacked on Marc...

A ship transporting almost 200 tons of food to Gaza left a port in Cyprus early on Tuesday in a pilot project to open a new sea route for aid to a population on the brink of famine.The charity ship Open Arms sailed out of Larnaca port in Cyprus…

Mitsui O.S.K. Lines, Ltd. (MOL) and Rio Tinto have signed the partnership agreement to enhance collaboration on both safety and crew welfare initiative and decarbonization of maritime transportation.MOL and Rio Tinto have agreed to further collaborate…

Norwegian offshore vessel operator DOF Group has secured a ‘substantial’ subsea engineering procurement removal and disposal (EPRD) contract from Norske Shell in the Atlantic region.The contract outlines 100 combined days of utilization of DOF’s…