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Latest news

Scrubber numbers surge to 1,850 – ‘decision to invest should be made yesterday’

Safety & Regulations
The popularity of scrubbers as a way to comply with the IMO’s 2020 sulphur cap has grown rapidly over the last six months with over 1,000 systems ordered in that period, according to classification society DNV GL.

Yangzijiang and Mitsui in China joint venture shipbuilding yard

Naval Engineering
China's largest private shipbuilder Yangzijiang Shipbuilding has formed a new joint major Japanese shipbuilders Mitsui E&S Shipbuilding (MES-SC) and Mitsui & Co based at one of the Chinese company's existing yards.

Novatek Discoveries New Gas Field At Ob Bay

Oil & Gas
Pao Novatek,said on Oct. 11 that its subsidiary OOO Arctic LNG 3 has confirmed a new natural gas and gas condensate field in the North-Obskiy license area in shallow-water Ob Bay offshore northern Russia.

The US Navy’s New Tugs To Be Designed By Robert Allan Ltd.

Navy
Robert Allan Ltd. has been awarded a contract to design a new version of the successful Z-Tech® 4500 tugs for the United States Navy (USN).

New Caterpillar thrusters are hybrid compatible

R&D
Caterpillar Marine has announced a new generation of azimuth thrusters, the MTA v3.

Maersk leases oil storage in Singapore ahead of 2020 regulations

Safety & Regulations
Maersk Oil Trading has leased oil storage space in Singapore, indicating a push into the Asian bunkering hub, especially as we get near to the 2020 sulphur cap.

BHP to use drones to improve its freight operations

Digitalization
International resources company BHP, announced that it will be using drones in its freight operations.

South Korea to Fund LNG-Fueled Ship Construction

NewBuilds
South Korea's state-run Korea Ocean Business Corp. (KOBC) has announced $122 million in guarantees for local shipping companies to build LNG-fueled ships and to purchase other vessels.

Chevron Becomes First Major to Exit Norway’s Offshore Sector

Oil & Gas
American oil major Chevron has decided to leave the Norwegian continental shelf in favor of new prospects in other regions.

USCG Conducts First Rescues of Hurricane Michael Response

Safety & Regulations
On Wednesday, as Hurricane Michael neared shore in the Florida Panhandle, Coast Guard servicemembers near Fort Myers Beach, Florida rescued two sailors from a 50-foot sailing yacht after she ran into trouble with weather.

Asia Leads in Container Shipping Connectivity

Merchant Navy
China remained the trading nation best connected to others by sea in 2018, according to UNCTAD’s latest Liner Shipping Connectivity Index (LSCI), released alongside the Review of Maritime Transport 2018. 

US Navy ships rescue fishermen in South China Sea, Indian Ocean

Navy
The US Navy ships recently rescued distressed crews of two fishing boats in the Indian Ocean and South China Sea.
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