Chinese shipbuilder Dajin Heavy Industry said it has secured an order to build a 9,200 dwt product tanker for a unit of national oil company CNOOC. Dajin, a subsidiary of Shanghai Bestway Marine Engineering Design, said the newbuild is sche

China was the top destination for US LNG in January for the second month in a row, amid a historic run-up in Asian spot prices and despite ongoing constraints at the Panama Canal, SP Global Platts Analytics data Feb. 1 showed. The 14 cargoe

Companies gain from favorable policies in pilot FTZs, shutdown of foreign shipyards Chinas ship repair and maintenance sector will see a robust period this year, thanks to favorable policies in the pilot free trade zones and the shutdown of

Building on the success of its widely used GUARDCON contract for the employment of security guards on ships, BIMCO is to develop a new standard contract for hiring the services of security escort vessels (SEV). The need for a standard contr

As Members are aware from our News Alert of 21 January 2021 (click here ), the US Department of Office of Foreign Assets Control (OFAC) recently designated Venezuelan National Institute of Aquatic Spaces (INEA), the Venezuelan Maritime Auth

Members will already be aware of the news that on 1 February 2021 the military have taken control of Myanmar. The local correspondent reports that: 1.Yangon and other ports and customs facilities continue to operate; 2.airports are temporar

Torqeedo,Inc. announced the appointment of seasoned marine industry sales executive Patrick Bucci as senior director for business development for its electric and hybrid propulsion systems. In this new position, Bucci will have responsibili

The Port of Singapore has been recognised as an Asia-Pacific Economic Cooperation (APEC) Port Services Network (APSN) Green Port in 2020. This is the third consecutive time that MPA has received the accolade since it was launched in 2016. T

(Marine NewsWire)The Marine Division of Mission Critical Electronics (MCE) has added a new product manager, Roger Jin, and European sales manager, Olaf Klop to work with its marine brands of ASEA Power Systems, Newmar and Xantrex. Jin and Kl

Waigaoqiao Shipbuilding signed and delivered Trust Qingdao, the first ship of 210000 DWT bulk carrier series built for ICBC leasing. Trust Qingdao is independently designed by Waigaoqiao Shipbuilding, with a total length of 299.88m, a width

Chinas efforts to keep people from travelling for Chinese New Year because of several clusters of COVID-19 infections are forcing analysts to revise first-quarter fuel demand estimates, but are not expected to derail its post-pandemic recov

Signal Ventures , the investment arm of the Signal Group, is seeking entrepreneurs and start-ups in the maritime sector to join its ecosystem of technology partners. Led by Greek entrepreneur Ioannis Martinos, Signal Ventures focuses on B2B

BIMCO is working on a charter party clause to help tackle potential abuse by sanctions busters of the Automatic Identification System (AIS) which is mandatory for all ships to carry under SOLAS. AIS transmits information about a ship includ

Jan Ole Huseby, Head of Ocean Industries at DNB, looks back over an unforgettable year in business and life while scanning the post-pandemic horizon for the bright spots ahead. Face-to-face interaction, at the newly scheduled Nor-Shipping 2

Fridays For Future and conservation society NABU to discuss measures to combat climate change with global shipowners association BIMCO, containership owner MSC and the German engineering industry association VDMA The 29th edition of the lea