News Flash
How The Red Sea Disruption Is Affecting Industry
Categories: News Flash
Date: Apr 01, 2024
With several big shipping companies diverting their routes away from the Red Sea due to current con...
Vitol completes first delivery of B30 biofuel blend in Singapore
Categories: News Flash
Date: Apr 01, 2024
Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time th...
Norway’s BW LNG buys two LNG carriers from Stena Bulk, expands fleet to 34 ships
Categories: News Flash
Date: Apr 01, 2024
BW LNG has significantly expanded its fleet with the recent acquisition of two additional LNG carri...
The International Propeller Club’s Remarks On The Francis Scott Key Bridge Accident
Categories: News Flash
Date: Apr 01, 2024
The International Propeller Club mourns the loss of at least six bridge workers as a result of yest...
Magaya announces multimillion-dollar investment aimed at fortifying its digital freight platform to accommodate rapid growth and enhance customer experience
Categories: News Flash
Date: Apr 01, 2024
Magaya, the leading provider of logistics and supply chain automation software, is committing an ad...
US exports record number of LNG cargoes to Asia via Cape of Good Hope in March
Categories: News Flash
Date: Apr 01, 2024
US LNG cargoes looking to reach Asia are continuing to choose the longer route through the Cape of ...
Baltic index posts worst week in more than two months
Categories: News Flash
Date: Apr 01, 2024
The Baltic Exchange’s main dry bulk sea freight index extended declines on Thursday to post its w...
Baltimore port bridge collapse: Global ocean carriers put U.S. companies on hook for urgent cargo pickup
Categories: News Flash
Date: Apr 01, 2024
Ocean carriers are declaring “force majeure” due to the Baltimore port bridge crisis, telling l...
More and more shippers are taking action on seaborne GHG emissions
Categories: News Flash
Date: Apr 01, 2024
Strong growth for Maersk ECO Delivery Ocean product in 2023. Over 200 customers saved more than 680...
Weichai Showcases Advanced Offshore Marine Power Solutions at APM 2024
Categories: News Flash
Date: Mar 18, 2024
The 2024 Asia Pacific Maritime (APM 2024), a cornerstone event for the maritime sector, was held at...
Hapag-Lloyd to seek cost cuts after net profit slump
Categories: News Flash
Date: Mar 18, 2024
German container shipper Hapag-Lloyd HLAG.DE on Thursday said global vessel oversupply and a crisis...
Baltic index posts sixth straight weekly gain
Categories: News Flash
Date: Mar 18, 2024
The Baltic Exchange’s main sea freight index rose on Friday and posted a sixth consecutive weekly...
Three key takeaways from our Europe gas markets short-term outlook Q1 2024
Categories: News Flash
Date: Mar 18, 2024
European gas prices are currently back to pre-crisis levels, but with a complex series of factors a...
Asia Fuel Oil-Spot differentials, margins end week on stable note
Categories: News Flash
Date: Mar 18, 2024
Asia’s fuel oil market was broadly unchanged on Friday, with spot differentials and margins holdi...
CMA CGM signed a put option agreement for Altice Media
Categories: News Flash
Date: Mar 18, 2024
Rodolphe Saadé, Chairman & CEO of the CMA CGM Group, declared: Through this contemplated acqui...
Despite challenges, American Club experiences stability with the 2024 P&I renewal
Categories: News Flash
Date: Mar 18, 2024
The American Club has reported relatively moderate drops from the year-on-year renewal results, whi...
Fleet Upgrades Enabled Seanergy Maritime To Navigate Capesize Market Volatility During 2023
Categories: News Flash
Date: Mar 18, 2024
Seanergy Maritime Holdings Corp., announced today its financial results for the fourth quarter and ...
Yemen’s Houthis threaten to extend ship attacks to Indian Ocean
Categories: News Flash
Date: Mar 18, 2024
Yemen’s Houthis vowed to prevent Israel-linked ships from passing through the Indian Ocean toward...
IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table
Categories: News Flash
Date: Mar 18, 2024
The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships ...
Seapath Launches Jones Act Leasing Business with $25 Million in Initial Transactions
Categories: News Flash
Date: Mar 15, 2024
Seapath, one of Libra Group’s maritime subsidiaries dedicated to advancing critical maritime infr...
Panama Canal Announces Increase in Daily Slots at Panamax Locks
Categories: News Flash
Date: Mar 15, 2024
In response to the present and projected level of Gatun Lake, the Panama Canal Authority (ACP) anno...
Asia Fuel Oil-Margins dip sightly; Kuwait offers HSFO supplies
Categories: News Flash
Date: Mar 15, 2024
Refining margins for fuel oil weakened slightly in Asia on Thursday, while Kuwait offered high sulp...
Hapag-Lloyd publishes the 2023 annual report and announces the forecast for the current financial year
Categories: News Flash
Date: Mar 15, 2024
Hapag-Lloyd yesterday published its annual report for 2023. As expected, a significant decrease in ...
NIBC’s Shipping business shows robust 2023 performance amid a dynamic international economic environment
Categories: News Flash
Date: Mar 15, 2024
The size of the NIBC Shipping portfolio decreased slightly to EUR 955 million (compared to EUR 1,11...
LNG-fueled Car Carrier CERULEAN ACE Delivered MOL Moves Steadily toward Goal of 90 LNG/Methanol-fueled Vessels by 2030
Categories: News Flash
Date: Mar 15, 2024
Mitsui O.S.K. Lines, Ltd. announced that on March 13, the LNG-fueled car carrier CERULEAN ACE, was ...
IAPH publishes an easy-to-use guide to discussions underway at the IMO on the reduction of Greenhouse Gas emissions from ships
Categories: News Flash
Date: Mar 15, 2024
Currently, IAPH is attending the 16th meeting of the IMO’s Intersessional Working Group on the re...
Green methanol agreement could see Townsville join global green shipping network
Categories: News Flash
Date: Mar 15, 2024
Townsville stands to become a global leader in the production, export and supply of green methanol,...
Container rates drop to unsustainable levels, Maersk CEO says
Categories: News Flash
Date: Mar 15, 2024
The global container shipping market faces overcapacity in the coming years and the rates paid by c...
Baltic index slips as capesize losses outweigh panamax gains
Categories: News Flash
Date: Mar 15, 2024
The Baltic Exchange’s main sea freight index declined on Thursday, as a fall in capesize rates ov...
New study by GTT, Lloyd’s Register and Shell concludes that predictive technology could extend tank inspection intervals on LNG carriers
Categories: News Flash
Date: Mar 07, 2024
A study led by GTT Group, Lloyd’s Register and Shell International Trading and Shipping Company L...
The Port of València receives authorisation from the Government to put out to tender the construction of an electrical substation for 14.5 million
Categories: News Flash
Date: Mar 07, 2024
The Council of Ministers, at its meeting today and at the proposal of the Ministry of Transport and...
Flyability Announce UT Probe Payload for the Elios 3 in Partnership with Cygnus – Marking Industry Milestone
Categories: News Flash
Date: Mar 07, 2024
Flyability, the market leader in confined space drones, announced today a new ultrasonic thickness ...