Asia’s spot premium for 0.5% very low sulphur fuel oil eased for a seventh consecutive session to a three-month low on Friday, while Kuwait’s Al Zour closed a term tender in the previous day. Kuwait is set to ramp up refined oil product exports from its new Al Zour refinery in the second half of …
VLSFO premium at three month-low; Kuwait’s Al Zour closes latest term tender Read More »
Some of the world’s biggest maritime cargo carriers are joining forces with the world’s first industrial safety technology accelerator to launch a new innovation initiative to reduce cargo loss at sea. Evergreen Line, HMM, Maersk, the Offen Group, ONE (Ocean Network Express), Seaspan as well as Lloyd’s Register are joining forces with Safetytech Accelerator to …
Major shipping carriers unite to improve safety of cargo Read More »
Al Seer Marine has secured its latest gas vessel for AED331 million, the International Holding Company (IHC) subsidiary, announced today. The latest acquisition is part of the company’s expansion initiatives in crude and gas tankers, and dry bulk shipping sectors. Source: WAM
We are writing to inform you of upcoming changes to the BossaNova & Samba services rotations. Your partnership remains of the utmost importance to us and as your integrated logistics partner, we constantly monitor our routes to ensure that your supply chain moves with agility, connectivity, and ease. We are excited to share that Maersk …
Maersk: Europe to/from East Coast South America service – Rio Grande port coverage Read More »
Global, sector-focused law firm HFW has continued to support the development of a new Geneva Declaration designed to define and defend the human rights of the global maritime population and those crossing the world’s oceans and seas. HFW previously carried out a joint review of the Declaration on behalf of UK-based NGO Human Rights at …
HFW Supports NGO On Development Of Geneva Declaration On Human Rights At Sea Read More »
Lowering the environmental footprint of the offshore energy sector – a key concern in the 21st century – plays a huge role in combating the climate change.Chevron Energy efficiency, carbon storage, renewable energies and alternative fuels are just some of the ways to tackle this problem. A few of the latest initiatives, like the one …
In Focus: Lowering the environmental footprint of the offshore energy sector Read More »
The Ministry of Corporate Affairs (MCA) on Thursday issued an official order approving the proposed demerger of the core and non-core assets of Shipping Corporation of India (SCI). “The corporate affairs ministry sanctioned the scheme of arrangement for demerger of non-core assets (demerged undertaking) of SCI into Shipping Corporation of India Land and Assets (SCILAL) …
India: MCA approves demerger of core and non-core assets of Shipping Corp Read More »
Fugro has reached agreement to acquire two platform supply vessels, Topaz Endurance and Topaz Energy, both built in 2015, which will be repurposed to geotechnical vessels. The offshore renewable energy market continues to grow rapidly, leading to high demand for Fugro’s services and strong backlog growth. For Fugro’s market leading position, geotechnical vessels are key …
Fugro expands geotechnical fleet with purchase of two vessels Read More »
RSCPL (IFSC) Private Ltd, a wholly owned subsidiary of RBB Ship Chartering Pte Ltd, Singapore, has received provisional licence to operate from India’s first International Financial Services Centre in Gujarat International Finance Tec-City (GIFT City), the company said on Wednesday. RSCPL (IFSC) Pvt Ltd said it has received the maiden provisional licence for ship leasing …
First ship leasing entity gets nod to begin operations from GIFT City Read More »
The Ministry of Energy and Infrastructure has launched a strategic partnership with Marihub, a leading e-commerce service provider for commercial ships and maritime companies, to develop value-added services for the maritime sector and the UAE’s ports. The move, which coincides with the ‘UAE Innovates’ initiative, is part of the Ministry’s endeavour to enhance the competitiveness …
