SAR Transport Systems Pvt Ltd

29 Sep

Japan’s core inflation accelerated in August, industrial output rose more than expected and demand for labour remained at its strongest in over 40 years in a further sign of solid...

29 Sep

Rolls-Royce to Equip Ice Class Superyacht

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in Company News, Equipment News, Europe & Eurasia, News by topic, Press releases, Regional news, Rolls-Royce, Rossinavi, Super Yachting News

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UK-based engineering company Rolls-Royce has won a contract to provide the propulsion and power electric systems for a new ice classified superyacht. The 70-meter-long superyacht, King Shark, is being built...

29 Sep

Norway Provides Grant for Construction of Yara Birkeland

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in Company News, Europe & Eurasia, Featured, Headlines, News by topic, NEWS category, Norway, Press releases, Regional news, Shipbuilding, Shipbuilding News, Shipping News, Yara, Yara Birkeland

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Norwegian fertilizer producer Yara has been granted NOK 133.6 million (USD 16.7 million) for the construction of the world’s first electric and autonomous containership, Yara Birkeland. Provided by the Norwegian government enterprise...

29 Sep

KNOT Offshore Partners Finalizes Acquisition of Lena Knutsen

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in Company News, Europe & Eurasia, Featured, Headlines, KNOT Offshore Partners LP, Lena Knutsen, News by topic, NEWS category, Offshore News, Press releases, Regional news, Shipping News

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KNOT Offshore Partners LP has completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Lena Knutsen – KNOT Shuttle Tankers 26. The...

29 Sep

Viking Cruises to Build World’s 1st Hydrogen-Powered Cruise Ship?

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in Company News, Europe & Eurasia, Featured, Ferry & Cruise News, Headlines, liquid hydrogen, News by topic, NEWS category, Norwegian Maritime Authority, Press releases, Regional news, Shipping News, Viking Cruises

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Cruise ship owner Viking Cruises unveiled plans for a liquid hydrogen-fuelled cruise ship in an effort to develop the world’s first cruise ship with zero-emission technology. Serge Fossati, project manager at the shipping...

29 Sep

Finnlines to Gain from Port of Naantali’s Berth Extension

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in Company News, Europe & Eurasia, Featured, Ferry & Cruise News, Finnlines, Headlines, News by topic, NEWS category, Port News, Port of Naantali, Press releases, Regional news

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Shipping operator of RoRo and passenger services Finnlines expects to benefit from the Port of Naantali’s expansion project as it would enable the company’s larger vessels to enter the port. ...

29 Sep

Corpus Christi Ship Channel Restrictions Lifted

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in Americas, Corpus Christi Ship Channel, Featured, Headlines, Hurricane Harvey, News by topic, NEWS category, Port News, Port of Corpus Christi, Press releases, Regional news, Shipping News

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Vessel restrictions at Corpus Christi Ship Channel have been removed allowing for the full 47-foot draft of the ship channel to open to vessels. In addition, the daylight only transit...

29 Sep

Pan Ocean Buying Two Tankers

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in Company News, Featured, Headlines, News by topic, NEWS category, Pan Ocean, Press releases, Regional news, Shipping News, Singapore, South & Central Asia, Tanker

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South Korean dry bulk shipping company Pan Ocean has reached an agreement to purchase two tankers from its subsidiary, Pan Ocean Singapore Bulk Carrier. The vessels in question would be acquired...

29 Sep

Trump Waives Jones Act for Puerto Rico

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in Americas, Featured, Headlines, Jones Act, News by topic, NEWS category, Puerto Rico, Regional news, Shipping News, Trump administration

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The Trump Administration has finally decided to waive the Jones Act for the hurricane-ravaged Puerto Rico. The move came on the back of fierce criticism from the public saying that...

29 Sep

QLD Government Okays Townsville Port Expansion Project

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in Asia Pacific, EIS, Environmental Impact Statement, Expansion Project, Featured, Headlines, News by topic, NEWS category, Port News, Port of Townsville, Press releases, Regional news

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Construction works on the Townsville Port Expansion could start next year after the Environmental Impact Statement (EIS) for the project was approved by the Government of Queensland. The EIS included...

29 Sep

Scorpio Sells, Leases Back MR Quintet

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in Company News, Europe & Eurasia, Featured, Headlines, News by topic, NEWS category, Press releases, Regional news, Scorpio Tankers, Shipping News

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Monaco-based tanker owner Scorpio Tankers has entered into a deal to sell and leaseback five 2012-built MR product tankers to Bank of Communications Financial Leasing Co. The ships in question...

28 Sep

Dry Bulk: Capesizes to find further support from China’s Iron Ore and Coal Imports

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in Dry Bulk Market, Hellenic Shipping News, Tops

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Dry bulk ship owners are enjoying the latest rally of the market, especially in the larger ship types. Despite the recent pause in the rates’ rally, shipbrokers appear to be...

News & Updates

Japan’s inflation, labour demand and factory output signal solid economic recovery

Rolls-Royce to Equip Ice Class Superyacht

Norway Provides Grant for Construction of Yara Birkeland

KNOT Offshore Partners Finalizes Acquisition of Lena Knutsen

Viking Cruises to Build World’s 1st Hydrogen-Powered Cruise Ship?

Finnlines to Gain from Port of Naantali’s Berth Extension

Corpus Christi Ship Channel Restrictions Lifted

Pan Ocean Buying Two Tankers

Trump Waives Jones Act for Puerto Rico

QLD Government Okays Townsville Port Expansion Project

Scorpio Sells, Leases Back MR Quintet

Dry Bulk: Capesizes to find further support from China’s Iron Ore and Coal Imports

Newbuilding ordering activity remains at a standstill, boding well for future tonnage supply

Verifavia Shipping Expands Into Greece and Cyprus

BIMCO and GIIGNL publish a groundbreaking voyage charter party for LNG trade

Dry bulk recovery will need demand growth to outpace supply, in order to materialize says shipbroker

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