Press Release

SINGAPORE, Dec. 15, 2022 /PRNewswire/ — Zhoushan, China-based ship owner Zhejiang Guanghui Marine Shipping Co., Ltd. recently sold a 9-year-old 7,000 DWT product oil tanker to an anonymous buyer from Singapore for US$7.19 million, far higher than the market valuation in the mid-2022, a successful deal made possible with the …

Repost: Marine Online (Singapore) Pte Ltd registered its revenue at US$150 million as at August 2022, eclipsing 2021’s performance of US$6 million. While this tremendous improvement highlighted the company’s resilience in the post-pandemic business landscape, Marine Online experienced an exponential growth as at Q3 2022 compared to 2021 – translating to a 25-fold surge. As a …

By Panama Maritime Authority in Ukraine FOR IMMEDIATE RELEASE We would like to inform that the situation in Ukraine remains unstable. Several Ukrainian cities were under attack on Thursday due to illegal, insidious and treacherous actions of Russian Federation troopers. The reaction of the world community shows that there is …

By Panama from Singapore Office PANAMA—-January 27, 2022— The Panama Ship Registry closed year 2021 with a total of 8,558 vessels and 236M  GT, an increase of 2.33% over the previous year of 230.5M tons GT, according to IHS Markit. Panama Registry flags 15% of the world fleet according to …

Capitalising on Marine Online’s network to penetrate untapped markets SINGAPORE, 27 October 2021 – The International Maritime Organisation’s (IMO) climate concerns are not to be taken lightly. The body’s aim to reduce at least 40 per cent carbon dioxide (CO2) emissions by 2030 has gotten many members states in the …

  海运在线发布国际船员工资指数 打造全球船员市场风向标  

Updated salary data for seafarers and customisable crewing services for employers COVID-19 has compromised the attractiveness of the seafaring career. India’s massive outbreak caused several countries to imposed border restrictions which disrupted manpower balance. One aftermath was the manpower demand’s shift to other nations, which eventually suffered shortage. Other accompanying …

Repost: Backed by unsurpassed knowledge and expertise in industry developments SINGAPORE, 18 June 2021 – The world is still negotiating the waves of COVID-19. Newbuildings though are popular because of lowered rates, major carriers remain hesitant due to the industry’s volatile movements. With dry bulk market expected to recover, second …

Addressing cargo owners’ difficulties finding vessels with digitalisation SINGAPORE, 21 June 2021 – The world is still negotiating the waves of COVID-19. Ever since the Suez Canal blockage, the world supply chain today struggles with finding vessels for their consignments and exorbitant rates to secure space. However, cargo owners need …

Repost: Multipurpose platform-based Marine Online employs cutting-edge technology for the maritime industry to benefit from optimised procurement efficiency, new business opportunities and connections in the increasingly connected digital realm As the biggest health crisis in most people’s memory, the Covid-19 has caused profound disruption across industries, and there is no …