marine

Indonesia Seizes Iranian and Panamanian Tankers Over Illegal Oil Transfer

Indonesia said on Sunday its coast guard had seized the Iranian-flagged MT Horse and the Panamanian-flagged MT Frea…

Domestic company inks $۳۳m deal with PMO to build ۵ vessels

Iran’s Ports and Maritime Organization (PMO) has signed a deal worth ۱.۴۰۸ trillion rials (about $۳۳.۵ million) with a…

Russia Prepares Earliest-Ever Arctic LNG Transit to Asia

Russia is preparing to make the earliest-ever shipment of liquefied natural gas to Asia, taking advantage of thinning…

FarSounder Launches On-line Training

FarSounder is proud to announce the launch of their on-line training platform. The team has put in countless hours…

Asia’s fuel oil trade nearly halved in ۲۰۲۰ due to COVID and rule changes

Trading volumes in Asia for fuel oil, a key shipping fuel, nearly halved in ۲۰۲۰ to the lowest levels in at least five…

Alibaba’s Cainiao launches container booking service, cites global cargo woes

Alibaba Group’s Cainiao launched a container booking service for air and sea freight, and said the move was in…

Singapore to vaccinate over ۱۰,۰۰۰ frontline maritime workers by end of January

Singapore has become one of the first nations to prioritize COVID-۱۹ vaccinations of frontline maritime personnel as…

Reducing methane emissions from oil and gas: A ten-step roadmap for policy makers

Reducing methane emissions from oil and gas operations is among the most cost-effective and impactful actions that…

Large Fire at Ireland’s Port of Cork Brought Under Control

Firefighters have brought a large fire at the southern Irish port of Cork under control and no casualties were…

Global Ship Lease Announces New Senior Secured Loan Facility to Enable Refinancing of ۲۰۲۲ Notes

Global Ship Lease, Inc. announced that it has agreed a new $۲۳۶.۲ million senior secured loan facility (the “New…