Tuesday, October 28, 2025

Singapore and China Sign Agreement to Establish Green and Digital Shipping Corridor

The Ministry of Transport of the Republic of Singapore and the Ministry of Transport of the People’s Republic of China have signed a Memorandum of Understanding (MoU) to establish the Singapore–China Green and Digital Shipping Corridor (GDSC). The MoU was signed on 19 October 2025 by Mr Jeffrey Siow, Singapore’s Acting Minister for Transport, and Mr Liu Wei, China’s Minister of Transport.


The MoU elevates Singapore and China’s GDSC cooperation to the national level, building on the earlier established municipality-level and provincial-level GDSCs with Tianjin and Shandong, established in 2023 and 2024 respectively.

Under the MoU, Singapore and China will work with industry stakeholders to advance maritime decarbonization, enhance port and supply-chain efficiency, and develop supporting technologies, infrastructure, and standards to promote a more sustainable and connected maritime ecosystem. It also seeks to strengthen digitalization in maritime transport operations, by promoting the use of data-driven systems to enhance efficiency, resilience, and transparency across the maritime value chain.

Building on their respective strengths in manufacturing, supply chain ecosystems, regulatory frameworks, and financial capabilities, both countries aim to drive innovation and the effective implementation of green and digital initiatives in the maritime sector.

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Thursday, October 23, 2025

Asia Fuel Oil: Market structure softens; regional supply stays ample

The market structure for fuel oil softened in Asia on Tuesday, with prompt intermonth spreads for both high sulphur fuel oil (HSFO) and very low sulphur fuel oil (VLSFO) slipping into a wider contango.

The contango implies that prompt supply remained available amid high inventories. Meanwhile, spot differentials held in discounts amid more incoming supply.

In the HSFO market, Thailand’s PTT offered three cargoes of 380-cst HSFO for loading in November, higher than the usual one to two cargoes. The tender closed on Tuesday, according to market sources.

Meanwhile, the VLSFO market remained pressured by an already well-supplied market, with two residue cargoes slated to load from Malaysia’s Pengerang. The cargoes usually end up in the VLSFO blending pool.

Cracks were range-bound, with November VLSFO crack still holding above a premium of $6 a barrel, while 380-cst HSFO crack closed at a discount of about $3.75 a barrel, data compiled by LSEG showed.

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Wednesday, October 22, 2025

Tax sops for ships under Omani flag to boost marine transport

The Tax Authority has announced the suspension of the imposition of withholding tax on service contracts provided on board ships that are registered under the Omani flag, for a period of 5 five years, starting from September 1, 2025

The incentives are aimed at encouraging ships flying the Omani flag, supporting the maritime transport sector and national maritime services, and stimulating investment in the maritime transport industry.

Ships acquiring Omani nationality, officially registered with the competent authority in the Sultanate of Oman, and bearing its national flag.

Ships registered under the Omani flag mean vessels acquiring Omani nationality, officially registered with the competent authority in the Sultanate of Oman, and bearing its national flag.

Tax to be suspended means withholding tax on service contracts provided on board ships that are registered under the Omani flag. The suspension period will continue from September 1, 2025, until August 31, 2030.

Taxpayers may benefit from the tax facilities by applying to the Tax Authority, including the data shown in Form No. (18) of Income Tax for Withholding Tax, indicating the tax due on the total amount of services provided on board a ship that is registered under the Omani flag, no later than the fourteenth (14) of the end of the month in which the amount was due to be paid or credited to the account, whichever is earlier.

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Thursday, October 16, 2025

Ship Jobs | Shipping Openings

The team at Su-Nav Ship management is committed to operate a well-maintained vessel with safety of crew, ship and environment as priority. Our technical and marine team is always at the forefront to maintain the vessel in compliance with all regulatory requirement and operate the vessel to highest industry standards. This allows optimal utilization of the vessel by all stakeholders.

Combining a highly-experienced, professional onshore team and selected vessel crew, Su-Nav Ship Management provides high quality technical management services to shipowners globally.

In order to optimize vessel operation and cost efficiency, we use advanced IT systems that provide seamless integration and communication between ship and shore. These activities include planned maintenance, dry docking, budgeting & accounting, inventory/personnel/ safety management and paperless purchasing.

As with any investment, we understand the desire of owners for regular updates on the physical, operational and financial condition of their assets. We use transparent and user-friendly vessel reporting systems to generate reports for shipowners that detail vessel maintenance status, purchasing and technical maintenance plans and history and comprehensive costs analysis.

Su-Nav Ship Management conducts performance monitoring through an increased frequency of checks and detailed management techniques.

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Sunday, October 12, 2025

US presses forward on port fees despite China’s warning

The United States is moving forward with a plan to collect port fees, putting the onus on ocean carriers to calculate and setting the stage for a showdown with China, which is teeing up its own retaliatory actions.

The US Customs and Border Protection in a notice issued Friday, directed ocean carriers to determine any China-built tonnage calling US ports and pay new fees starting Oct. 14. China-based operators face harsher fees than their counterparts, spurring Beijing last week to prepare its own retaliatory “special fees” for ships that are tied to actors hurting Chinese interests.

The vagueness of the criteria China could use to determine ties to the United States has expanded the risk of other ocean carriers getting caught in the crossfire beyond the obvious targets: US-flag vessel operators. A change to Chinese shipping law that took effect Sept. 29 allows China to go as far as blocking vessels from its ports.

The US Maritime Administration has been in a long-running disagreement with China’s Ministry of Transport, accusing Chinese ports of giving unfavorable treatment to US-owned vessels. Both countries agreed to a level playing field through the US-China Bilateral Maritime Agreement, which took effect in 1998.

The US federal register notice doesn’t detail how US Customs and Border Protection (CBP) would enforce the new port fee. The shipping industry largely failed to convince the USTR to again water down the Section 301 tariffs underpinning the port fees, although LNG-vessel shipowners and operators were exempted. The shipping industry successfully lobbied to ease the planned USTR port fee, with the agency releasing a less-severe plan in mid-April.

Container lines have made moves to avoid the new fees. A week prior to Oct 14, there were 647,000 TEUs of China-built capacity, equating to 13% of the tonnage on the trade between Asia and North America, according to rate benchmarking provider Xeneta. On the trans-Atlantic, which includes some Canada-only calls, there were 81,000 TEUs of capacity or 8.6% of deployed capacity. There’s more than 118,00 TEUs of China-built tonnage from vessels that are smaller than 4,000 TEUs and deployed on US services but are excluded from the new port fee.

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Wednesday, October 8, 2025

New Pair of VARD CSOVs to Feature Brunvoll Propulsion and Manoeuvring Systems

Each vessel will be equipped with the following from aft to bow: two azimuth propulsion thrusters propulsion, a retractable azimuth thruster, a tunnel thruster, and a combined retractable azimuth and tunnel thruster. The scope of supply features also Brunvoll’s Propulsion and Thruster Control system, BruCon PTC.

The azimuth propulsion thrusters are equipped with Brunvoll’s latest energy-efficiency innovation, the DL1-nozzle, also known as the “Dragless”. While traditional nozzles experience an efficiency drop at transit speeds, the DL1 maintains favorable hydrodynamic characteristics across a broader operating range. More information about the nozzle and its features is available at Brunvoll DL1, The “Dragless” nozzle.

The vessels are based on VARD’s 4 19 design, with the following main particulars: length of 87.5 meters, beam of 19.5 meters, and accommodation capacity for 120 persons, along with all equipment required for a CSOV.

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Monday, October 6, 2025

Autonomous Vessel Navigation System Verified by ABS for Fuel-Saving Verification Framework

ABS awarded a statement of compliance certificate to AVIKUS Co., Ltd., for the fuel-saving verification framework that AVIKUS has developed for HiNAS Control, an autonomous navigation system.

ABS joined AVIKUS, shipping company HMM Co., Ltd., and the Liberian International Ship and Corporate Registry in a project to assess the fuel-saving potential of the navigation system by analyzing ship performance data from vessels with HiNAS Control installed. A verification framework was developed by AVIKUS to predict potential fuel savings in general vessel operations. ABS reviewed the framework based on existing international standards.

The HiNAS Control system provides vessels with suggested optimal route and speed data and also automatically controls steering and RPMs that enable route tracking, collision avoidance and fuel savings. ABS reviewed the installation of the system based on ABS Requirements for Autonomous and Remote-Control Functions.

“Autonomous technologies are not isolated products but fully integrated within vessel infrastructure and the result of numerous advancements in a wide variety of mechanisms including sensors, imaging, connectivity, machine learning and more. When used in vessel operations, autonomous functions have the potential to increase safety, reduce greenhouse gas emissions and improve performance,” said Joshua Divin, ABS Senior Vice President, Marine Business Development.

“Securing ABS verification is a critical milestone, but it is more than a certificate—it is data-driven proof that AI-powered autonomy is a powerful lever for decarbonization and operational efficiency for the industry. A 4 to 5 percent fuel savings is not an incremental improvement; for a global fleet, it represents a fundamental shift in profitability and environmental compliance. We are proud to partner with industry leaders like HMM, ABS, and the Liberian Registry to commercialize this transformative capability and define the future of maritime logistics,” said Dohyeong Lim, CEO of AVIKUS.

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India looks to tap Canada to meet growing appetite for crude, LPG, LNG

India’s growing appetite for crude oil, LPG and LNG offers opportunities to expand energy purchases from Canada, while Indian refiners will ...