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Shipping News

South Korea Arrests Broker For Smuggling $15 Million Worth Diesel Fuel To North Korea
Shipping News

South Korea Arrests Broker For Smuggling $15 Million Worth Diesel Fuel To North Korea

The coast guard declared on Monday that South Korea has reportedly arrested an oil broker for supplying about $14.7 million allegedly worth of diesel fuel to North Korea with zero government approval.

Read More South Korea Arrests Broker For Smuggling $15 Million Worth Diesel Fuel To North KoreaContinue

China Remains At The Top In The Global Shipbuilding Market
Shipping News

China Remains At The Top In The Global Shipbuilding Market

China continued to be the leading shipbuilder in the world in 2022, securing the largest market share and registering breakthroughs in high-end models of ships.

Read More China Remains At The Top In The Global Shipbuilding MarketContinue

Russia To Ship 20,000 Tons Of Oil To Germany From Kazakhstan    
Shipping News

Russia To Ship 20,000 Tons Of Oil To Germany From Kazakhstan   

On Tuesday, Russia’s Transneft mentioned that oil shipments to Germany from Kazakhstan via the Druzhba pipeline, exempt from recent Western sanctions, are expected to begin in February 2023, RIA Novosti reported.

Read More Russia To Ship 20,000 Tons Of Oil To Germany From Kazakhstan   Continue

Brazil To Sink 32,000 Ton Asbestos Carrying Aircraft Carrier
Shipping News

Brazil To Sink 32,000 Ton Asbestos Carrying Aircraft Carrier

On Wednesday, February 1, Brazil announced they had decided to sink the 32000-tonne Sao Paolo aircraft carrier from the 1960s after leaving it stranded at sea for three months. 

Read More Brazil To Sink 32,000 Ton Asbestos Carrying Aircraft CarrierContinue

India Seeks Public-Private Partnership (PPP) In Coastal Shipping
Shipping News

India Seeks Public-Private Partnership (PPP) In Coastal Shipping

On February 1, the Indian government announced its plan to invest in coastal shipping.

Read More India Seeks Public-Private Partnership (PPP) In Coastal ShippingContinue

MOL Signs Deal With Nagasaki Prefecture For Shipbuilding-Related Industries
Shipping News

MOL Signs Deal With Nagasaki Prefecture For Shipbuilding-Related Industries

MOL today announced the signing of a collaboration agreement with the Nagasaki Prefecture Department of Industrial and Labor Affairs to develop and promote renewable energy projects and shipbuilding-related industries.

Read More MOL Signs Deal With Nagasaki Prefecture For Shipbuilding-Related IndustriesContinue

MOL Becomes World’s First Company To Earn AiP For Vessel Cyber Resilience
Shipping News

MOL Becomes World’s First Company To Earn AiP For Vessel Cyber Resilience

MOL is the first company in the world to receive an AiP for UR E26.

Read More MOL Becomes World’s First Company To Earn AiP For Vessel Cyber ResilienceContinue

Suez Canal’s Tug Boats Free Stranded LNG Tanker After 3 Hours Of Blockage
Shipping News

Suez Canal’s Tug Boats Free Stranded LNG Tanker After 3 Hours Of Blockage

On Wednesday, February 1, Suez Canal authorities used tug boats to tow the LNG Tanker Grace Emilia, which broke down and got stuck in the waterway.

Read More Suez Canal’s Tug Boats Free Stranded LNG Tanker After 3 Hours Of BlockageContinue

OSM Becomes The First Greek Shipowner To Ink A Decarbonization Deal
Shipping News

OSM Becomes The First Greek Shipowner To Ink A Decarbonization Deal

OSM, Olympic Shipping and Management SA will partner with the Global Centre for Maritime Decarbonisation (GCMD) in the next five years to enhance decarbonization in various shipping projects worldwide. 

Read More OSM Becomes The First Greek Shipowner To Ink A Decarbonization DealContinue

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