Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

Connecting Gears of the Energy Transition  

Your daily news provided by WorldMaritimeNews found a new home.

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Surge in Seafarers' Pleas for Help amid Coronavirus Crisis

Seafarers

Seafarers seeking help in overcoming their circumstances onboard ships exacerbated by the pandemic.

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DP World's P&O Maritime Logistics Orders Ship Pair

Ship

Dubai-based P&O Maritime Logistics (POML) is to build two multipurpose vessels for Papua New Guinea ops.

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Scrubber Uptake Hits 4,000 Ships

Scrubber

There are approximately 4,000 ships fitted or about to be fitted with a scrubber.

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Sea-Intel: Scrubber Investment Case Undermined

Scrubber

Sea-Intelligence: The low-sulphur premium dropped from a 300 USD/ton to 60 USD/ton.

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Readers' Picks of the Week

shipping

Here are the most read stories of the previous week.

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Capital to Seek Sanctions against AISSOT and Its Executives

Tanker

Capital Ship Management Corp. plans to pursue sanctions against AISSOT and its relevant executives.

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ICS, ITF Urge Govts to Ensure Uninterrupted Crew Changes

Shipping

ICS and ITF have urged governments to ensure uninterrupted crew changes amid the coronavirus crisis.

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Carnival Offers Its Cruise Ships to Serve as Hospitals

Carnival Victory

Carnival has offered select cruise ships for use as temporary hospitals to help address COVID-19.

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MSC Investigating How HSFO Was Left on Board MSC Joanna

MSC Containership

MSC is looking into the matters that led to the carriage of HSFO on board of one its containerships.

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AISSOT Ends Charters for 6 VLCCs with Capital Ship Management

Tanker

AISSOT has terminated the bareboat charters for six vessels owned by Capital Ship Management.

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Oman's Asyad Group Merges Shipping, Ship Repair Businesses

Oman Shipping

Asyad Group has decided to integrate Oman Shipping Company and Oman Drydock Company.

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VLCC Volatility Brings Record USD 410K Fixture

VLCC fixed for USD 411.89K per day.

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UAE Bans MSC-Operated Boxship for Violating Carriage Ban

MSC containership

FTA has banned the Panama-flagged containership MSC Joanna from operating in UAE waters and ports.

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Tanker Rates Surge after Bahri’s Surprising Charters

tanker

Daily freight rates for Very Large Crude Carriers skyrocketing.

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Strategic Acquisitions Spur DP World’s Revenue Growth

DP World Logo

DP World posted 36.1 percent revenue growth and a 4.6 percent higher profit for the full year of 2019.

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NAT: Decreasing Oil Prices Good News for Tankers

Tanker

Lower oil prices could mean more work for tankers.

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Oman Shipping Company Buys Ultramax Pair

OSC’s CFO and acting CEO Michael Jorgensen

Oman Shipping Company has signed a deal to acquire two Ultramax vessels.

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OPEC Resorts to Production Cuts to Curb Coronavirus Impact

tankers

OPEC members proposed today to cut oil production by 1.5 million barrels per day.

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20 Capesize Bulkers Scrapped Already in 2020

Bulker

Poor bulker markets have pushed owners to scrap 20 Capesize bulkers so far this year.

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Saudi Coalition Thwarts Attack on Tanker off Yemen

Tanker

A tanker was attacked while en route to the Port of Aden.

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Abu Dhabi Ports to Develop World’s 1st Autonomous Tugs

Abu Dhabi Ports

Abu Dhabi Ports, Robert Allan Ltd. are to develop the world’s first fully unmanned tugs.

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ICS: Ships Violating IMO 2020 Face Serious Fines, Detention

Containership Hamburg

Major port state regimes to rigorously enforce the IMO’s Sulphur 2020 from March 1st.

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ICS: Coronavirus Costing Shipping Industry USD 350 Mln a Week

Coronavirus

Coronavirus outbreak is estimated to be costing the shipping industry USD 350 million a week.

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Scrubber Fitting No Longer an Issue of If but of How Fast

Scrubber

An unprecedented surge of inquiries on how scrubbers can be fitted at short notice.

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McDermott Breaks Ground on New Facility in Saudi Arabia

McDermott

McDermott broke ground on its new fabrication facility within the Saudi Arabian maritime complex.

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Fincantieri, Marakeb Team Up on Unmanned Technology

Fincantieri

Fincantieri, Marakeb start collaboration in the field of autonomous technology.

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