News Flash

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OPEC expects share of Indian oil imports to rise again

Categories: News Flash

Date: Mar 07, 2024

OPEC is set to win a bigger share of India’s oil imports in coming decades due to the proximity o...

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Russia oil fleet shifts away from Liberia, Marshall Island flags amid US sanctions crackdown

Categories: News Flash

Date: Mar 07, 2024

Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands f...

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Baltic index extends losses on weaker capesize rates

Categories: News Flash

Date: Mar 07, 2024

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...

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Strategic Partnership Announcement Between GMCG and CHM Global

Categories: News Flash

Date: Mar 07, 2024

GMCG, a frontrunner in engineering and consultancy, alongside CHM Global, known for its excellence ...

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Ships and ports will be crucial in achieving EU climate goal

Categories: News Flash

Date: Mar 07, 2024

The Commission estimates that 280 million tons of CO2 will need to be captured to meet the ambitiou...

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Celebrating Operational Excellence: 90POE Welcomes Navilands Group

Categories: News Flash

Date: Mar 07, 2024

Maritime technology company Ninety Percent of Everything Ltd. (90POE), have today announced that Na...

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Globalia Logistics Network launches a new web app to promote easy communication among its members

Categories: News Flash

Date: Mar 07, 2024

Globalia Logistics Network, an exclusive network of more than 215 reliable freight forwarders world...

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Leading names in shipping support InterManager’s new standard in ship management and operation

Categories: News Flash

Date: Mar 06, 2024

InterManager’s newly-introduced General Principles of Conduct and Action are attracting widesprea...

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Wartsila aims to sell CCS with quick paybacks for IMO 2040 target

Categories: News Flash

Date: Mar 06, 2024

Wartsila aims to start selling a marine carbon capture and storage system with quick paybacks next ...

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Inmarsat Maritime Partners With Aramco To Trial World-First Over Water 5G Mesh Network

Categories: News Flash

Date: Mar 06, 2024

The 5G “mesh” technology aims to enable high-speed connectivity in challenging conditions, with...

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Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

Categories: News Flash

Date: Mar 06, 2024

Shipping company Höegh Autoliners ASA is making significant progress in its ambition to make the A...

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Container group MSC says its ship hit by missile sailing to Djibouti

Categories: News Flash

Date: Mar 06, 2024

Container ship MSC Sky II was continuing its voyage to Djibouti on Tuesday after being hit by a mis...

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Singapore and Australia Formalise Collaboration to Establish Green and Digital Shipping Corridor

Categories: News Flash

Date: Mar 06, 2024

Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on ...

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Baltic index ticks down as capesize losses offset gains in smaller vessels

Categories: News Flash

Date: Mar 06, 2024

The Baltic Exchange’s dry bulk sea freight snapped a 12-session winning streak on Tuesday, as pre...

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Asia Fuel Oil-Spot VLSFO logs downtrend for fifth trading day

Categories: News Flash

Date: Mar 06, 2024

Asia’s spot cash premium for very low sulphur fuel oil (VLSFO) fell for a fifth consecutive tradi...

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CO2 emissions from coal shipping stay strong in 2020 as green pressures grow

Categories: News Flash

Date: Mar 06, 2024

Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of ...

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NYK Participates in International Seminar on Liquefied CO2 Capture, Utilization, and Storage High interest from Japan and abroad in quantitative assessment and issues throughout the value chain

Categories: News Flash

Date: Mar 06, 2024

On March 4, NYK participated in a seminar comparing the three modes of the carbon capture, utilizat...

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Minister to commemorate Cyprus Shipping Registry in Athens

Categories: News Flash

Date: Mar 05, 2024

Deputy Minister of Shipping Marina Hadjimanolis will be conducting visits to Athens and Brussels th...

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DynaRep Signs Strategic Agreement With Kinay Agency

Categories: News Flash

Date: Mar 05, 2024

We are thrilled to announce a strategic collaboration between DynaRep and Kinay Agency, two promine...

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Capital Product Partners L.P. Announces the Sale of One 9,300 TEU and Two 5,100 TEU Container Vessels

Categories: News Flash

Date: Mar 05, 2024

Capital Product Partners L.P., an international owner of ocean-going vessels, today announced that ...

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After Red Sea mission, Greece seeks key role in EU defence – minister

Categories: News Flash

Date: Mar 05, 2024

Greece, host of the headquarters of the EU operation to shield ships from Houthi attacks in the Red...

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US funding bill blocks China from buying oil from Strategic Petroleum Reserve

Categories: News Flash

Date: Mar 05, 2024

A measure in the U.S. funding legislation unveiled by congressional leaders on Sunday would block C...

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Baltic index climbs to more than 2-month high on firm vessel rates

Categories: News Flash

Date: Mar 05, 2024

The Baltic Exchange’s dry bulk sea freight hit a more than two-month high on Monday, on robust de...

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War insurers shrug off Rubymar sinking in Red Sea, rates stable

Categories: News Flash

Date: Mar 05, 2024

The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of...

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Geopolitics and supply chain dynamics will dictate oil and gas outlook in 2024, says GlobalData

Categories: News Flash

Date: Mar 05, 2024

The oil and gas industry has witnessed a considerable upheaval in its supply chains amid the protra...

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Dalian iron ore falls on slow demand recovery, doubts on long-term China outlook

Categories: News Flash

Date: Mar 05, 2024

Dalian iron ore futures prices extended their decline on Monday, dragged down by slow near-term dem...

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CMA CGM Partners with Nike for Sustainable Shipping

Categories: News Flash

Date: Mar 05, 2024

We are thrilled to announce a collaboration with Nike to reduce the carbon footprint of their marit...

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‘Sky’s the limit’ for shipping derivatives

Categories: News Flash

Date: Mar 04, 2024

The sky’s the limit” for the use of derivatives in the shipping industry, according to finance ...

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Rotterdam World Gateway container terminal invests in shore-based power

Categories: News Flash

Date: Mar 04, 2024

Rotterdam World Gateway (RWG) container terminal has decided to equip its entire quayside with shor...

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US LNG exports fall in February on outage and fewer calendar days

Categories: News Flash

Date: Mar 04, 2024

A month-long closure at Freeport LNG plant in Texas and fewer days in the month pushed February U.S...

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Cyprus Shipping 2024 | New Green Incentives Programme

Categories: News Flash

Date: Mar 04, 2024

The Cyprus Shipping Deputy Ministry recently announced a new ‘Green Incentives Programme’, aimi...

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Ukraine expands ship war insurance with Marsh & Lloyd’s to iron ore, steel

Categories: News Flash

Date: Mar 04, 2024

Insurance broker Marsh MMC.N and Lloyd’s of London underwriters have expanded a marine war insura...