News Flash
How the extended EU Emissions Trading System will impact maritime transport and ports
Categories: News Flash
Date: Feb 20, 2024
From 1 January this year, global shipping is now a part of the European Union’s Emissions Trading...
Yemen’s Houthis say ship attacked in Gulf of Aden may sink
Categories: News Flash
Date: Feb 20, 2024
Yemen’s Houthi militants said on Monday they had attacked another cargo vessel in the Gulf of Ade...
Red Sea disruption to impact deliveries, not output – QatarEnergy CEO
Categories: News Flash
Date: Feb 20, 2024
Disruption to shipping in the Red Sea region will impact QatarEnergy’s deliveries of liquefied na...
Kalmar straddle carriers to continue to help SOMACOM deliver top-class service at Ile de la Réunion
Categories: News Flash
Date: Feb 20, 2024
Kalmar, part of Cargotec, and DMP SAS, Kalmar’s regional dealer, have concluded an agreement with...
Oriani Hellas Announces a New Partnership with Vsltec to Revolutionize the Management of Technical Services on Board
Categories: News Flash
Date: Feb 20, 2024
Oriani Hellas, a leading digital transformation consultant in the maritime industry, is proud to an...
Chemship blazes the trail with wind propelled chemical tanker: Targets 15% CO2 savings on Transatlantic route
Categories: News Flash
Date: Feb 20, 2024
Chemship commissioned its first ship with wind assisted ship propulsion. This makes the MT Chemical...
Pavilion Energy Concludes First Ship-To-Ship LNG Bunkering Operation To Rio Tinto In Singapore
Categories: News Flash
Date: Feb 20, 2024
Pavilion Energy has successfully deployed the newbuild LNG Bunker Vessel Brassavola for her maiden ...
Baltic index climbs to over one-month high on sturdier vessel rates
Categories: News Flash
Date: Feb 20, 2024
The Baltic Exchange’s dry bulk sea freight index hit a more than one-month high on Monday, as cli...
US drillers cut oil and gas rigs for second time in three weeks – Baker Hughes
Categories: News Flash
Date: Feb 19, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the second tim...
Weathernews launches “Berth Waiting Forecast” service: Your solution to predicting port congestion
Categories: News Flash
Date: Feb 19, 2024
Weathernews Inc., a global leader in weather intelligence, introduces its latest innovation, the ...
Metals investment: the darkest hour is just before the dawn
Categories: News Flash
Date: Feb 19, 2024
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050...
Yemen’s Houthis claim missile attack on oil tanker in Red Sea
Categories: News Flash
Date: Feb 19, 2024
Yemen’s Iran-aligned Houthis claimed responsibility on Saturday for an attack on the oil tanker M...
Cosco Shipping expects $1.9 mil earnings for FY2023 in profit guidance
Categories: News Flash
Date: Feb 19, 2024
The board of Cosco Shipping International (Singapore) F83 – has announced that it expects to repo...
Australia’s Intermodal Terminal Company orders seven electric Konecranes RMG cranes for new Melbourne freight facility
Categories: News Flash
Date: Feb 19, 2024
Intermodal Terminal Company (ITC) has ordered seven Konecranes Rail Mounted Gantry (RMG) cranes for...
Shipping rates show signs of easing despite Red Sea disruption
Categories: News Flash
Date: Feb 19, 2024
While most containerships are making detours around the conflict-affected Red Sea, experts say cont...
European delivered LNG imports climb to 5.08 mil mt so far in February
Categories: News Flash
Date: Feb 19, 2024
LNG imports delivered into Europe stood at 5.08 million mt in the month to Feb. 16, around 46% of t...
EU to launch mission to protect Red Sea shipping
Categories: News Flash
Date: Feb 19, 2024
EU foreign ministers will meet Monday in Brussels to formally launch a naval mission to help protec...
Seafarers can refuse to sail through Red Sea as Houthis step up attacks -industry
Categories: News Flash
Date: Feb 19, 2024
Seafarers have the right to refuse to sail on ships passing through the Red Sea in a new industry a...
Prolonged US LNG permitting halt would have substantial impact on global market: Shell
Categories: News Flash
Date: Feb 16, 2024
A long-term US ban on issuing new LNG export permits would have “quite an impact” on the global...
ECB policymakers push back on hasty rate cuts even as inflation falls
Categories: News Flash
Date: Feb 16, 2024
Euro zone inflation is heading back towards the 2% target but the European Central Bank still needs...
Port of Long Beach Cargo Increases in January
Categories: News Flash
Date: Feb 16, 2024
Trade moving through the Port of Long Beach rose in January as retailers stocked up ahead of Lunar ...
Port of Los Angeles Launches Year With Near-Record January Volume
Categories: News Flash
Date: Feb 16, 2024
The Port of Los Angeles handled 855,652 Twenty-Foot Equivalent Units (TEUs) in January, the second-...
Iran will reciprocate if its ships are seized, official says
Categories: News Flash
Date: Feb 16, 2024
Iran will reciprocate if its ships are seized, the legal adviser to Iran’s President told state m...
Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Acquisition & Commercial Update
Categories: News Flash
Date: Feb 16, 2024
Pyxis Tankers Inc., an international shipping company, announced today that it has completed the ac...
Korea to Europe container shipping costs rose more than 70% in January
Categories: News Flash
Date: Feb 16, 2024
Container shipping costs from Korea to Europe soared more than 70 percent last month amid escalatin...
Asia Fuel Oil-Spot differentials rangebound, inventories extend draw
Categories: News Flash
Date: Feb 16, 2024
Cash differentials for spot fuel oil were rangebound on Thursday, while latest data showed inventor...
Baltic index steady as weaker capesize rates counter gains in smaller vessels
Categories: News Flash
Date: Feb 16, 2024
The Baltic Exchange’s dry bulk sea freight index was little changed on Thursday, as gains in smal...
BIMCO calls on IMO to solve legal inconsistencies in ship recycling conventions
Categories: News Flash
Date: Feb 16, 2024
BIMCO, together with Bangladesh, India, Norway, Pakistan and the ICS, has submitted a paper ahead o...
OpenCLM 3.0 makes integration in IT landscapes even easier
Categories: News Flash
Date: Feb 15, 2024
PROSTEP has launched the new version 3.0 of its digital thread solution, OpenCLM, which can now be ...
EU economy greenhouse gas emissions: -7.1% in Q3 2023
Categories: News Flash
Date: Feb 15, 2024
In the third quarter of 2023, EU economy greenhouse gas emissions are estimated at 787 million tonn...
Baku Shipyard deploys SSI Ship Constructor to support and streamline complex digital workflows
Categories: News Flash
Date: Feb 15, 2024
SSI, the leader in software, services, and expertise for the business of shipbuilding, will supply ...
JB Rae-Smith elected UK Chamber of Shipping President
Categories: News Flash
Date: Feb 15, 2024
Today international shipping industry veteran, JB Rae-Smith was elected as President of the UK Cham...