News Flash
Pioneer cloud ERP solutions tailored to shipping by Fleetwork
Categories: News Flash
Date: May 22, 2024
Fleetwork, a pioneer in cloud Enterprise Resource Planning (ERP) in Greece, will present its innova...
Mental Health Support Solutions highlights the importance of leading by example
Categories: News Flash
Date: May 22, 2024
With recent research published in the Harvard Business Review showing that “hearing about colleag...
Oil shipments at risk from rising sea levels, think tank warns
Categories: News Flash
Date: May 22, 2024
Rising sea levels could severely disrupt crude oil shipments and erode energy security in import-de...
CONSOL Energy Coal Shipments Resume from Its Marine Terminal in Baltimore
Categories: News Flash
Date: May 22, 2024
CONSOL Energy Inc. reports that coal shipments to international markets began leaving its Marine Te...
Port Houston Posts Double Digit Box Growth – Container Volumes Up 12 Percent Through April
Categories: News Flash
Date: May 22, 2024
Port Houston continues to exceed last year’s container volumes and is up 12% through April with 1...
Damen Shipyards and SAFEEN Group to bring the first electric tug to the Middle East
Categories: News Flash
Date: May 22, 2024
Damen Shipyards and SAFEEN Group, part of AD Ports Group, have signed an agreement for the lease an...
Baltic index dips on lower capesize rates
Categories: News Flash
Date: May 22, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Asia Fuel Oil-VLSFO cash differential gains; Chinese imports rise
Categories: News Flash
Date: May 21, 2024
Asia’s Low-Sulphur Fuel Oil (VLSFO) market gained on Monday amid a flurry of deals at the trading...
Russia’s Novo fuel terminal resumes loadings after drone attack, LSEG data, sources say
Categories: News Flash
Date: May 21, 2024
The Importpischeprom oil products terminal at Russia’s Black Sea port of Novorossiisk resumed fue...
The world’s first methanol-powered container ship now on weekly service to the Port of Gothenburg
Categories: News Flash
Date: May 21, 2024
On Saturday, a new feeder service started calling regularly at the Port of Gothenburg. The world’...
Scorpio Tankers Inc. Announces Agreement for a $223.6 Million Prepayment under its 2023 $1.0 Billion Credit Facility
Categories: News Flash
Date: May 21, 2024
Scorpio Tankers Inc. announced that it has received approval from majority lenders under its 2023 $...
TEN Ltd. announces delivery of six enviromental friendly vessels since the beginning of 2024
Categories: News Flash
Date: May 21, 2024
TEN, Ltd announces that following the delivery of three vessels since the beginning of 2024, the Du...
MAI to Invest in Ship Investment Fund Managed by Navigare Capital Partners
Categories: News Flash
Date: May 21, 2024
Mitsui & Co. Alternative Investments Limited (“MAI”, President and CEO: Takateru Mitsui) ha...
Deltamarin and ECOLOG unveil LP LCO2 carrier design
Categories: News Flash
Date: May 21, 2024
Deltamarin and ECOLOG have collaborated on LCO2 carrier design for the purpose of tendering at ship...
Inmarsat launches NexusWave: a game-changing ‘bonded’ network service for maritime communications
Categories: News Flash
Date: May 21, 2024
The new fully managed connectivity service offers a unified multi-dimensional network, delivering h...
Navios Maritime Holdings Inc. Provides Important Reminder for All Holders of Series G and Series H American Depositary Shares: Early Tender Deadline to Receive $5.75 in Cash is May 21, 2024, 5:00 P.M.
Categories: News Flash
Date: May 21, 2024
Navios Maritime Holdings Inc provided a reminder of its previously announced tender offer to purcha...
Baltic index steady as gains in capesize offset lower rates for smaller vessels
Categories: News Flash
Date: May 21, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Strong Southern Hemisphere harvests drive reefer shipping growth
Categories: News Flash
Date: May 17, 2024
After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as health...
Samsung Heavy unveils eco-friendly ships, AI tech in Europe
Categories: News Flash
Date: May 17, 2024
Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendl...
Marine bunker sales at UAE’s Fujairah hit two-month low in April
Categories: News Flash
Date: May 17, 2024
Marine bunker fuel sales at the United Arab Emirates’ Fujairah port hit a two-month low in April,...
MOL and TotalEnergies Sign Time Charter Contracts for 2 Newbuilding LPG-fueled LPG Carriers
Categories: News Flash
Date: May 17, 2024
Mitsui O.S.K. Lines, Ltd. announced that through its group company MOL Energia Pte. Ltd. (President...
Maersk speeds up supply chains in Europe with new cross dock facility in Rotterdam
Categories: News Flash
Date: May 17, 2024
Maersk has inaugurated a specialized cross dock warehouse in Rotterdam on its Maasvlakte II termina...
Logistics Trade Bodies Unite in Calls for Industry Action on New EU Import Declarations
Categories: News Flash
Date: May 17, 2024
Global and European trade associations representing shippers, forwarders and vessel operators have ...
Indian steel mills fear surge in Chinese imports after U.S. tariffs
Categories: News Flash
Date: May 17, 2024
India’s steel industry, already reeling from cheaper imports, is worried about a surge in shipmen...
Bureau Veritas report highlights the potential of carbon capture technologies and the development of carbon value chains for shipping
Categories: News Flash
Date: May 17, 2024
Bureau Veritas (BV), a global leader in the Testing, Inspection, and Certification (TIC) industry, ...
Baltic index hits near two-week low as vessel demand dips
Categories: News Flash
Date: May 17, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Asia Fuel Oil-VLSFO cash premium rises, Singapore stocks dip
Categories: News Flash
Date: May 17, 2024
Asia’s Low-Sulphur Fuel Oil (VLSFO) rose on Thursday after Singapore inventories dropped to a two...
Hapag-Lloyd with good start to 2024 in first quarter of year
Categories: News Flash
Date: May 16, 2024
Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 mil...
Hapag-Lloyd with good start to 2024 in first quarter of year
Categories: News Flash
Date: May 16, 2024
Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 mil...
Inmarsat ‘Digital Wave’ Report Explores Importance Of Connectivity Onboard ‘Floating Offices’ At Sea
Categories: News Flash
Date: May 16, 2024
Inmarsat Maritime, a Viasat company, has launched a new report Digital Wave: Transforming vessels i...
Asia Fuel Oil-Cash premiums little changed; Singapore’s marine bunker sales decline
Categories: News Flash
Date: May 16, 2024
Asia’s fuel oil markets were broadly steady on Wednesday after inventories rose at the Fujairah c...
Singapore marine bunker sales soften for four straight months
Categories: News Flash
Date: May 16, 2024
Singapore’s marine bunker sales declined for a fourth consecutive month in April, official data s...