OSM Maritime to standardize on Tero Marine fleet management software Arendal, Norway, headquartered ship management specialist OSM Maritime Group has signed an agreement that will see Bergen-headquartered fleet management software provider Tero Marine's TM Master suite installed across the OSM fleet globally.
VIDEO: ABS Group services support IMO cyber risk guideline compliance ABS Group of Companies, Inc. has launched a new set of safety and risk-based services to support compliance to the 2021 Cyber Risk Management (CRM) guidelines recommended by the International Maritime Organization
MHI-MME books fin stabilizer contract from Helsinki Shipyard Finland's Helsinki Shipyard has now started ordering equipment and materials for two 113-meter luxury expedition vessels on order for Russian operator Voldohod, with Japan's Mitsubishi Heavy Industries Marine Machinery & Equipment Co.,
Keppel O&M completes fast-tracked FPSO project Singapore's Keppel Offshore & Marine reports that its Keppel Shipyard, has delivered a fast-tracked Floating Production Storage and Offloading vessel (FPSO) modification and upgrading project safely and on time. The FPSO Abigail-Joseph
Sanctioned Iranian fuel oil shipping from Iraq About 2.1m tonnes of dirty cargoes was loaded from the offshore port limit of the Iraqi port in January, Lloyd's...
Germany maintains place in shipowning league 'Most shipping companies at least have a cautiously optimistic outlook for the future,' says Verband Deutscher Reeder president Alfred Hartmann
Shipping struggles with exposure to coronavirus A recovery will come but the hope is this battle against the epidemic won't be longer than expected
China port calls show signs of return to normal Vessel calls start to resume but idle fleet remains shows disruption continues for now
No respite for dry bulk sector BIMCO expects fleet growth of 3.1% for 2020, which compares to demand growth of 1.5% for the year
Box shipping will face long-lasting effects from coronavirus Carriers should not expect any return to normal growth levels this year, says BIMCO
Flex LNG says short-term outlook is challenging Long term, the company is bullish, expecting annual growth between 3% and 4% for the next 20 years
Skuld grows book 4.6% and expects to top 100m gt Skuld announced a combined ratio of 112% last November and warned owners it would be seeking firmer pricing
FPSOs face exposure to coronavirus delays Significant delays in starting up floating production, storage and offloading vessels would have held back tanker activity, however the bigger...
Investing in the next generation of seafarers With the rise of digital technology and training in cutting-edge skills, a career in maritime should prove more appealing to...
Daily Briefing Free to read: Maersk credit facility linked to environmental performance | American Club gains 10% on per-tonne pricing at cost...
Matson expects a $15m dent from coronavirus impact Chief executive Matt Cox expects an overall improved consolidated financial performance led by the reduction in fleet deployment to nine...
Genco to sell 10 handies in fleet renewal Genco says that the coronavirus outbreak has reduced the demand for cargoes including iron ore and coal
Cheniere upbeat on long-term LNG demand despite cargo cancellations Demand in Asia will be underpinned by growing economies and rising prosperity - along with a drive toward policies for...
Venture Global wins long-term LNG offtake from EDF The developer has obtained to date long-term offtake for 3.5m tonnes out of 10m tonnes of nameplate capacity being developed...
Union calls on new UK maritime minister to boost jobs The maritime union wants greater investment in education, tighter rules on competency certificates and improvements to the tonnage tax scheme
KPI Bridge Oil buys Glencore bunker unit The merger will see the creation of one of the biggest players in the bunker sector
Singaporean tanker operator pleads guilty to oily bilge dumping Unix Line admitted that its tanker, Zao Galaxy, illegally discharged oily bilge at sea while on route from the Philippines to California's Port of Richmond...
Airline systems firm pays $7.8 million for US sanction violations SITA committed 9,256 violations of the Global Terrorism Sanctions Regulations between 2013 and 2018 by providing services from and transiting through the U.S. to blacklisted...
Is the worst still to come for dry bulk shipping? No evidence yet of coronavirus-induced drop in dry bulk rates. Is it coming?
DP World finalizes Fraser Surrey Docks acquisition Purchase of Canadian port operations part of global strategy "to connect directly with customers to offer logistics solutions and remove inefficiencies in the supply chain...
Can Commerce Department control exports of new coronavirus? U.S. export licenses are required for numerous types of highly infectious diseases that are shared in the form of samples for medical research between labs...
Lufthansa slashes budget in response to downturn from coronavirus The financial chickens from the coronavirus are coming home to roost. Lufthansa is belt-tightening, other airlines might try to ease lease terms for assets.
Flexport Trade Advisory dispensing data-driven solutions New service helps companies wade through turbulent trade waters.
Singapore's MPA implements revised code of practice for bunker mass flow metering The revised code includes new requirements for multi-meter installation, enhancement of the zero verification procedure among others.
Singapore HSFO cracks strengthen to near five-month high on declining supply "Refiners' run cuts and limited physical supply of HSFO" are driving the crack spread higher, said a refining source in Asia.
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