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Port Rashid Receives Five Cruise Ships in a Day

Port Rashid in the UAE received five international cruise liners on the same day at the Dubai Cruise Terminal earlier in December. 

Panama Canal Signs Agreement with Port of Itaqui

The Panama Canal signed a MOU with Port of Itaqui, located in the northeastern region of Brazil, to promote the shipment of grain

US OSV utilisation set to continuing rising if owners act ‘rationally’

Rates for OSVs in the US remain underwater but utilisation levels are starting to rise and a “rational” approach to stacking and drydocking by owners could see pricing power start to return.

Scorpio Group acquires Nordic American Offshore

The Scorpio Group has taken control of Nordic American Offshore (NAO) in a deal worth US$5M.

Qingdao Port has started construction of its second 300,000 tonne VLCC terminal

Qingdao port, the leading crude oil and ore handling port of China, has started building its second 300,000 tonne-class crude oil terminal at Dong Jia Kou port

Evergreen leases 7th terminal in Kaohsiung to cater to ultra-large containerships

Taiwan-based Evergreen Marine has inked an agreement with Taiwan International Port Corporation (TIPC) to lease five berths at the 7th container handling centre in Kaohsiung port.

Two Vietnamese Shipbuilding Execs Arrested on Corruption Charges

Vietnam's Investigative Police Agency has arrested two executives from troubled state shipbuilder Vinashin on charges of embezzlement. 

BPA: Comment on UK Withdrawal Agreement vote delay

Following the UK Prime Minister’s statement confirming that the Parliamentary vote on the Withdrawal Agreement has been delayed

ACCC: NSW Ports agreements with New South Wales are anti-competitive

The Australian Competition and Consumer Commission (ACCC) has instituted proceedings in the Federal Court over the agreements signed between NSW Ports Operations Hold

Sustainable ship recycling project in Bangladesh: Second phase launched

The second phase of an IMO-implemented project to enhance safe and environmentally sound ship recycling in Bangladesh

Verifavia Shipping signs cooperations with 8 ROs to support IMO DCS verification

Verifavia, the world’s leading emissions verification company for the transport sector , has announced 8 new cooperation agreements with Recognized Organisations

BIMCO publishes two 2020 sulphur clauses

BIMCO has published two sulphur content related bunker clauses which are now available on the BIMCO website and on SmartCon, BIMCO’s contract editing solution.

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