News Flash
Is Lloyds Open Form on ‘life support’?
Categories: News Flash
Date: Jul 01, 2024
On 1st June 2024, Lloyd’s Salvage Branch published a rebranded Lloyds Open Form (LOF) 2024. In sum...
Wilhelmsen Port Services Revolutionizes Port Call Payments with Innovative Financing Model
Categories: News Flash
Date: Jul 01, 2024
“With the introduction of our Port Cost Financing model, we are not only responding to the needs o...
India steel, trade ministries in talks over rising Chinese imports, says source
Categories: News Flash
Date: Jul 01, 2024
India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese go...
Vessel and crew safe after incident southwest of Yemen’s Al Mukha, UKMTO says
Categories: News Flash
Date: Jul 01, 2024
The United Kingdom Maritime Trade Operations (UKMTO) said on Sunday it had received a report of an i...
Russia will start gas exports to China from Far East in 2027
Categories: News Flash
Date: Jul 01, 2024
Russia’s Gazprom will start annual pipeline gas exports to China of 10 billion cubic metres (bcm) ...
Shipping supply chains and global conflicts
Categories: News Flash
Date: Jul 01, 2024
Global shipping supply chains are facing significant disruptions due to the ongoing conflict in Gaza...
Drewry: LNG Shipping Equity Index Up 26.4% So Far in 2024
Categories: News Flash
Date: Jul 01, 2024
The Drewry LNG Shipping Equity Index increased 26.4% YTD (as of 27th June 2024), outperforming the S...
Dry Bulk Market: Capesize Index Rises Higher
Categories: News Flash
Date: Jul 01, 2024
The Capesize market experienced an eventful week despite starting off quietly, with the BCI 5TC drop...
Baltic index logs monthly gain on strong capesize demand
Categories: News Flash
Date: Jun 29, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Asia Fuel Oil-VLSFO market pares gains; bunker premiums hold soft
Categories: News Flash
Date: Jun 29, 2024
demand for marine fuel, while bunker premiums remained under pressure, trade sources said. The carg...
ClassNK grants its first software security certifications for Solverminds’ ship management solutions
Categories: News Flash
Date: Jun 29, 2024
ClassNK has granted its first software security certifications to ship management solution ‘MACK...
Solving shipping’s challenges through trust in technology
Categories: News Flash
Date: Jun 29, 2024
When it comes to regulations that protect the marine environment, things are only heading in one dir...
Steamship Mutual Releases 2024 Management Highlights: Key Financials, Statistics, and Strategic Initiatives
Categories: News Flash
Date: Jun 29, 2024
The Management Highlights report provides a comprehensive overview of the Club’s key statistics an...
Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Joint Venture
Categories: News Flash
Date: Jun 29, 2024
Pyxis Tankers Inc., an international shipping company, announced today that it has closed its previo...
Transforming Maritime Operations: AST Reygar’s Fuel App
Categories: News Flash
Date: Jun 29, 2024
Fuel efficiency and reducing emissions are at the forefront of every vessel operator’s mind, AST R...
Amogy and Mitsubishi Shipbuilding Have Completed a Feasibility Study of Ammonia Supply System for Ammonia-Powered Maritime Solution
Categories: News Flash
Date: Jun 29, 2024
Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, and Mitsubishi Ship...
FrontM Expands Advisory Board with Top Maritime Experts
Categories: News Flash
Date: Jun 29, 2024
FrontM, the Maritime Superapp Platform company, welcomes industry experts Su Yin Anand, Peter Schell...
US sanctions more companies, ships involved in Iran oil trade
Categories: News Flash
Date: Jun 29, 2024
The United States is sanctioning new entities and ships it accused of transporting Iranian oil and p...
Global freight rises but shows signs of weakness in US
Categories: News Flash
Date: Jun 28, 2024
Global manufacturing activity and freight are showing signs of a recovery, after a downturn took hol...
The Future of European Shipping’s Global Competitiveness Lies In Maritime Education, Seafarer Welfare And Innovation Uptake
Categories: News Flash
Date: Jun 28, 2024
At the event organized on the Day of the Seafarer by the European Community Shipowners’ Associatio...
LR: New survey requirements for Bulk Carriers and Oil Tankers
Categories: News Flash
Date: Jun 28, 2024
Periodical survey requirements for Special, Intermediate and Annual Surveys of bulk carriers and oil...
Baltic Index Hits Near 2-Months High On Strong Capesize Demand
Categories: News Flash
Date: Jun 28, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Asia Fuel Oil-Markets little changed; Singapore stocks dip after four-week build
Categories: News Flash
Date: Jun 28, 2024
Fuel oil benchmarks were broadly stable in Asia on Thursday, while latest data showed that onshore s...
“K” LINE Group-Managed Vessels Received the 2023 Best Quality Ship Award
Categories: News Flash
Date: Jun 28, 2024
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that HAMBURG HIGHWAY and CAPE GARN...
Windward Unveils MAI Expert™, the First of its Kind Maritime AI Virtual Agent Powered by Generative AI to Optimize Global Trade and Risk Management
Categories: News Flash
Date: Jun 28, 2024
Windward, the leading Maritime AI™ company, announced today the launch of a Generative AI-powered ...
AAL Shipping Awarded Top Honours at AFLAS Awards 2024
Categories: News Flash
Date: Jun 28, 2024
Premium project heavy lift carrier AAL Shipping (AAL) was awarded ‘Best Shipping Line – Project ...
NORVIC Shipping expands Dubai office
Categories: News Flash
Date: Jun 28, 2024
NORVIC, the global dry bulk owner and operator, is proud to announce the opening of its new, expande...
CMA CGM Named Best Global Shipping Line at 2024 Asian Freight, Logistics and Supply Chain Awards
Categories: News Flash
Date: Jun 28, 2024
The CMA CGM Group, a global player in sea, land, air and logistics solutions has won the Best Globa...
Iron ore extends gains on sustained China demand, property stimulus
Categories: News Flash
Date: Jun 27, 2024
Iron ore futures prices rose for a second straight session on Wednesday, aided by a wave of buying i...
U.S. crude imports touch two-year high despite lukewarm demand
Categories: News Flash
Date: Jun 27, 2024
U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes...
Cargotec updates its outlook for 2024 due to the completion of the Kalmar demerger
Categories: News Flash
Date: Jun 27, 2024
Cargotec Corporation (“Cargotec”) announced on 26 June 2024 that Cargotec’s Board of Directors...
Samsung Heavy launches mega-sized LNG carrier
Categories: News Flash
Date: Jun 27, 2024
energy company Venture Global LNG announced on June 26 that Samsung Heavy Industries had launche...