Industry News

Global shipbuilding orders sink to 20-year low as industry grapples with new environmental rules, Covid-19 crisis
International

Global shipbuilding orders sink to 20-year low as industry grapples with new environmental rules, Co...

Ordering new ships is now the lowest priority for shipping companies as the pandemic has hit economic activity and supply chains. Fewer orders and slower fleet growth are likely to bolster shipping rates. There’s hardly anyone buying new ships, with orders plunging to a 20-year low due to a potent combination of uncertainty over environmental regulations, ...

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Ships Carrying Stored Gasoline to Discharge Cargoes in Indonesia
Regional

Ships Carrying Stored Gasoline to Discharge Cargoes in Indonesia

Two of six tankers used to store gasoline in Asia have arrived in Indonesia, with shipments into Asia's largest petrol ...

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Philippines Ports Authority (ppa) To Waive Some Port Fees For Shipping Companies And Provide Returning Seafarers With Free Covid-19 Testing
Port

Philippines Ports Authority (ppa) To Waive Some Port Fees For Shipping Companies...

Department of Transportation (DOTr) through The Philippine Ports Authority is going to waive collection of some port fees for shipping ...

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Heralding Deal with China
Offshore

Heralding Deal with China

Heralding Deal with China, Philippines Restarts Offshore Oil-Gas Exploration in Disputed SeaTAIPEI, TAIWAN - The Philippine government’s lifting of ...

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Karpowership kicks off first floating LNG-to-power project in Indonesia
Offshore

Karpowership kicks off first floating LNG-to-power project in Indonesia

Turkey’s floating power plant company Karpower International (Karpowership) has begun operation on its first LNG-to-Power project offshore Indonesia.Karpowership ...

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