Corporate News

2 Aug 2022

Study on Carbon Capture and Storage on Ship Launches

The Qiyao Environmental Technology-created CCS idea has undergone laboratory testing and is currently undergoing continual optimization.

Study on Carbon Capture and Storage on Ship Launches
29 Jul 2022

Stena Drilling Secures Contract with Shell UK

Shell UK and offshore drilling contractor Stena Drilling have agreed to a new contract for the use of Stena Don, a semi-submersible drilling rig.

Stena Drilling Secures Contract with Shell UK
26 Jul 2022

Trade Organizations Call for Review of EU Competition Rules

Trade organizations requesting the review of the European Union's Consortia Block Exemption Regulation for container shipping get underway.

Trade Organizations Call for Review of EU Competition Rules
26 Jul 2022

UKHO To Stop Paper Charts

The UK Hydrographic Office projects that the progressive elimination of paper charts from production would be completed by the end of 2026.

UKHO To Stop Paper Charts
23 Jul 2022

Deal Struck to Put an End to the Daewoo Shipyard Strike

Since June 2 120+ unionized DSME subcontractors have occupied a sit-in at the Okpo shipyard on Geoje Island calling for a 30 percent pay increase

Deal Struck to Put an End to the Daewoo Shipyard Strike
22 Jul 2022

D’Amico Secures Refinance

$82 million sustainability-linked loan for 4 company's tankers has been signed by d'Amico Tankers, a division of d'Amico International Shipping.

D’Amico Secures Refinance
21 Jul 2022

Held Russian Cargo Ship Released

The Kerala high court ordered the release of a Russian cargo ship on Wednesday after the parties reached a resolution through negotiation.

Held Russian Cargo Ship Released
20 Jul 2022

Maritime AI Windward Detects Russia’s Dark Activities

An alarming new behavior claimed Russia is allegedly laundering grain has been discovered by Windward, a maritime AI technology company.

Maritime AI Windward Detects Russia’s Dark Activities
20 Jul 2022

Shipping CEO Rodolphe Saade Resists Windfall Tax

As political pressure mounts on CMA CGM SA, one of the largest container carriers in the world, over its exceptional earnings, Saade spoke out.

Shipping CEO Rodolphe Saade Resists Windfall Tax
20 Jul 2022

MARAD Focuses on US Maritime Workforce

MARAD-run CoE program prioritizes on existing training institutions and aids the marine sector in obtaining/ retaining highly-trained staff.

MARAD Focuses on US Maritime Workforce
20 Jul 2022

Dockworkers in Liverpool to Vote on Strike Over Pay

In a disagreement over wages and working conditions, hundreds of dockworkers in Liverpool will cast their votes to decide whether to strike.

Dockworkers in Liverpool to Vote on Strike Over Pay
19 Jul 2022

Chinese Chief Officer Chosen for IMO Gallantry Award

Bo Xu Chief Officer of Oil Tanker Xian Qiao 502 to be honored with 2022 International Maritime Organization Award for Exceptional Bravery at Sea.

Chinese Chief Officer Chosen for IMO Gallantry Award
18 Jul 2022

Macquarie Invests in Brazil Port Operator CLI

Australian Macquarie to invest in Brazilian port industry by purchasing stake in operator CLI and funding a 260 million dollar arrangement.

Macquarie Invests in Brazil Port Operator CLI
17 Jul 2022

As Exports Rise, The World Can't Get Ample US Diesel

Due to the continued insatiable need for gasoline on the worldwide market, the United States is exporting diesel at its quickest rate ever.

As Exports Rise, The World Can't Get Ample US Diesel
15 Jul 2022

The Longest U.S Oil Spill

When Taylor Energy’s MC20 oil production platform collapsed in 2004, it became known as the longest running oil spill in the history of the USA.

The Longest U.S Oil Spill