MPA receives proposals to scale up LNG supply
THE MARITIME and Port Authority of Singapore (MPA) has reported to have received 14 proposals under its Expression of Interest (EOI) to scale up the supply of liquefied natural...
NYK merges three subsidiaries
JAPAN’s NYK Group is bringing together three subsidiary companies in the shipping and shipmanagement sphere under the name NYK Bulkships Partners. The amalgamation will take...
Norwegian Cruise Line vessels off to India
EXPANDING Indian premium cruise operator Cordelia has entered into a long-term charter arrangement with Norwegian Cruise Line Holdings to take 2,400-pax near sisters Norwegian Sky...
Landbridge maintains ‘not for sale’ position
CHINESE company Landbridge, the leaseholder of the Port of Darwin, has reiterated the business is not for sale and says neither it nor the port company has been involved in any...
Government, Opposition pledge to reclaim Darwin
BOTH MAJOR PARTIES in the Federal Election have declared an intention to cancel the Chinese company Landbridge’s 99-year lease of the Port of Darwin and find new commercial...
Rates merry-go-round continues
WITH Drewry's World Container Index taking a modest U-turn this week, spot rates between China and Australia have continued their modest recovery, encouraging carriers to attempt...
NYK completes ENEOS fleet acquisition
NYK’s agreement to take over all of compatriot ENEOS Ocean Corporation’s shipping business, with the exception of its crude-oil tanker business, took effect yesterday [1 April]....
MPA and Wärtsilä renew decarbonisation partnership
THE MARITIME and Port Authority of Singapore (MPA) has announced it has renewed its partnership with marine technology company Wärtsilä. The parties will collaborate with...
Nortrans secures North West Shelf work
SINGAPORE-based offshore specialist Nortrans has taken an accommodation barge (‘floatel’) on charter after winning work from Saipem, which is the main contractor to Chevron on the...
PSA International, DNV and PIL sign decarbonisation MoU
PSA INTERNATIONAL, DNV Singapore, and Pacific International Lines have announced the signing of a Memorandum of Understanding in order to collaborate on decarbonisation...
NYK attains AiP for liquefied CO2 carrier design
KNUTSEN NYK Carbon Carriers AS (KNCC), a subsidiary of Japanese shipping line Nippon Yusen Kabushiki Kaisha, has obtained an Approval in Principle from ClassNK for the design of...
Projects get ASLET funding for marine emission reduction
EIGHT projects have been selected by Australia and Singapore as part of a $20 million initiative to help reduce emissions in the maritime sector. The Australia-Singapore...
MOL announces charter joint venture with CMB.TECH
JAPAN’S Mitsui Osk Lines and Belgium’s CMB.TECH, controlled by the Savery family, have established a joint venture to own and charter a total of nine Capesize bulkers and chemical...
COSCO Shipping reports strong 2024 results
COSCO Shipping Holdings enjoyed a stellar year in 2024, with volume, revenue and profit all jumping sharply over 2023. In 2024, the revenue from the Group’s container shipping...
China-Australia spot rates recover
FREIGHT rates on the China-Australia route reversed direction this week, after steadily falling since the last week of January. The Shanghai Containerised Freight Index for spot...
