Tokyo – ClassNK has launched a new service, “ClassNK Fleet Cost Simulation,” as part of its “ClassNK Transition Support Services,” which aims to facilitate the maritime industry’s transition to decarbonized…
2. Jointly published by the Baltic Exchange and China’s Xinhua News Agency, the Xinhua-Baltic ISCD Index provides an independent benchmarking of the world’s leading maritime hubs. It evaluates factors such…
ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Keita Ishii, President & COO; hereinafter “ITOCHU”) announced today that it recently signed a shipbuilding contract for the construction of a 5,000 m3 ammonia…
DP World announced that a per thier earlier communication dated 24 October 2024 on the introduction of anchorage services in Jebel Ali, bunker supply services are now permitted at the…
As per notification issued by OFAC on 09th July total seven nos vessel name has been removed from OFAC SDN list along withe the related parties like owners & operators.…
US Treasury has sanctioned multiple tanker vessels and related parties on allegation of transporting Iranian Oil. The press release reads as below July 3, 2025 WASHINGTON — Today, the U.S.…
The Inter-Club New York Produce Exchange Agreement (the ICA), which was originally formulated and entered into force in 1970, provides a simple mechanism for apportioning cargo claims as between Owners…
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking action to implement President Trump’s historic Executive Order (E.O.) of June 30, 2025, “Providing…
The case concerned a collision between the vessels KIVELI and AFINA I off the South coast of Greece, when KIVELI turned to port as AFINA I was turning to starboard…
As per the press release from US Treasury, Bulk Carrier MV Shun Kai Xing, Owners Unico Shipping, Manager Athena Shipping and Charterers V-Shipping PTE LTD has been Sanctioned under OFAC…
