Standard Chartered was appointed to lead a USD89.6 million sustainability-linked loan (SLL) for Vista Shipping, a joint venture between Hafnia and CSSC Shipping Hong Kong, to finance the purchase of its first pair of liquefied natural gas (

Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a launch ceremony for a demonstration test ship for transport of liquefied carbon dioxide (LCO2), to be utilized in conjuncti

A reported spike in drug smuggling incidents in Mexico reminds of the importance of preventative measures. CorrespondentsPI Services Mexicoreport that 2023 has seen a notable increase of narcotics related incidents in Mexican east coast por

The World Shipping Council (WSC) released a statement supporting the use of vessel-sharing arrangements (VSAs), which are being phased out under a new US law. The new U.S. law H.R. 1696 intends to eliminate these arrangements, thereby under

When thinking of marine lubricants, theres a popular saying: If the bunker oil is the ships food, the lubricating oil is its blood. This reflects the importance of lubricating oil in the ship. In the past few years, the Marine lubricating oi

An IMO working group has made progress in developing the draft 2023 IMO Strategy on reduction of GHG emissions from ships. The Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 14) met 20-24 March, with more th

The services union Verdi and the Railway and Transport Union (EVG) plan to largely paralyze traffic in Germany on Monday with an all-day strike. The EVG said Thursday it was calling on the approximately 230,000 employees of all rail and tra

Inactive tonnage ticked down in mid March to settle at 6% of the total cellular fleet, according to Alphaliner latest report. This is due to a decrease in both commercially idle ships and vessel capacity in drydock. There were 300 ships cou

More renewable and low-carbon fuels willreduce the carbon footprintof themaritime sectorin the EU following todays provisional political agreement between the Council and the European Parliament. Today we managed to agree another part of th

London, 22 March 2023 A consortium of global shipping organizations and the Oil and Gas Climate Initiative (OGCI) have received approval in principle from the American Bureau of Shipping (ABS), the US ship certification agency, to use a car

The Republic of the Marshall Islands (RMI) has again been recognized as a high-quality registry, achieving an unprecedented 19 consecutive years on the United States Coast Guards (USCGs) QUALSHIP 21 roster as noted during todays INTERTANKO

The Coast Guard Office of Investigations and Analysis has released Marine Safety Alert 04-23 to highlight the importance of proper maintenance and adherence to manufacturers recommendations for filling/inflating buoyancy chambers on some mo

Australia is continuing to move forward with a crackdown on poor performers in the maritime industry, announced the Australian Maritime Safety Authority (AMSA) issuing a ban to a Dutch-flagged general cargo ship, the second such action of 2

BEIJING, March 19 -- The seventh China Grand Awards for Industry were announced on Sunday, with 19 Chinese enterprises and 19 projects named as winners. The CMD-WinGD 12X92DF dual fuel engine project built by CSSC-MES Diesel (CMD), a subsid

The close relationship and the strengthening of the ties of friendship between the Republic of Panama represented by the Panama Maritime Authority as well as the Republic of Finland and the International Maritime Organization (IMO) were rea