News Flash

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Greece approves tender for hydrocarbons search in four offshore blocks

Categories: News Flash

Date: May 03, 2025

Greece has approved an international tender for hydrocarbon exploration in four blocks in the Medite...

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Danish Shipping: Activation of War Insurance Institute Is Perfectly Timed

Categories: News Flash

Date: May 03, 2025

Danish shipping is a strategic asset for Denmark. A new legislative proposal on war insurance will e...

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TEN Ltd. Announces Delivery and Naming of First Two in Series of Twelve DP2 Shuttle Tanker Orders at Samsung Heavy Industries, South Korea

Categories: News Flash

Date: May 03, 2025

TEN, Ltd. (TEN) announced the delivery and naming of two DP2 suezmax shuttle tankers, the “Athens ...

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New US sanctions target Iranian petrochemical, petroleum products trade

Categories: News Flash

Date: May 03, 2025

The US has sanctioned seven companies and two tankers involved in the trade of Iranian petrochemical...

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Lloyd’s Register OneOcean machine-learning technology adopted by TotalEnergies to reduce fuel consumption and emissions

Categories: News Flash

Date: May 03, 2025

Lloyd’s Register OneOcean (LR OneOcean) has collaborated with TotalEnergies, a global multi-energy...

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New air pollution limits for ships enter into effect in the Mediterranean

Categories: News Flash

Date: May 03, 2025

The Mediterranean Sea officially became an Emission Control Area for Sulphur Oxides and Particulate ...

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Dry Bulk Shipping: Policy is now as Major Catalyst for Market Direction as Seasonality

Categories: News Flash

Date: May 03, 2025

The ever-shifting tides of the shipping freight market are proving to be difficult to navigate. For ...

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Global trade headwinds reflected in weakening volumes

Categories: News Flash

Date: May 03, 2025

International markets in 2025 have been characterized by pervasive uncertainty and significant press...

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VESON potential US port fees may disrupt dry bulk trade and vessel availability

Categories: News Flash

Date: May 02, 2025

Recent discussions on tariffs have largely overlooked the potential implementation of the Office of ...

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APSEZ beats quarterly profit view on higher cargo growth

Categories: News Flash

Date: May 02, 2025

Adani Ports and Special Economic Zone reported fourth-quarter profit above estimates on Thursday, a...

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Dhamara-Talachua Ro-Pax ferry service to cut travel time by 200km

Categories: News Flash

Date: May 02, 2025

In a significant step toward improving inland water connectivity, the Odisha government is set to la...

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Govt removes Rs 40 crore upper limit for shipbuilding financial assistance

Categories: News Flash

Date: May 02, 2025

The government has removed the financial assistance upper limit of Rs 40 crore for building a non-sp...

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India’s coastline length revised to 11,098.81 km following new methodology

Categories: News Flash

Date: May 02, 2025

India’s coastline has been recalculated as 11,098.81 km from 7,561.60 km – up by 3,537.21 km or ...

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Vizhinjam Port to be dedicated to nation today by PM Modi

Categories: News Flash

Date: May 02, 2025

Vizhinjam International Seaport will be dedicated to the nation by Prime Minister Narendra Modi at 1...

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DG Shipping meets with Seven Islands Shipping Ltd to discuss shipping sector issues

Categories: News Flash

Date: May 02, 2025

Shri Shyam Jagannathan, IAS, Director General of Shipping, along with Shri Nebu Oommen, Deputy Direc...

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MatchLog partners with Maersk to boost container efficiency in India

Categories: News Flash

Date: May 02, 2025

MatchLog, a digital container optimisation platform, has announced its collaboration with global shi...

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MOL opens new office in Washington

Categories: News Flash

Date: May 02, 2025

Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U...

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The Port of Klaipėda begins 2025 with strong momentum

Categories: News Flash

Date: May 01, 2025

The Port of Klaipėda has achieved a strong start to 2025, nearly 10 million tonnes of cargo handled...

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Kalmar supports Victoria International Container Terminal with four automated straddle carriers

Categories: News Flash

Date: May 01, 2025

Kalmar has signed an agreement to supply Victoria International Container Terminal (VICT) with four ...

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Greener Reefers Could Cut 3.74 million tons CO₂ and Reduce Energy Use by 20%

Categories: News Flash

Date: May 01, 2025

A full transition to greener refrigerated containers (“reefers”) could reduce greenhouse gas emi...

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Wärtsilä expands methane slip reduction capabilities by introducing NextDF technology for third engine

Categories: News Flash

Date: May 01, 2025

Technology group Wärtsilä has introduced its NextDF technology for a third engine, the Wärtsilä ...

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Euro zone economy expands faster than forecast but faces trade war hit

Categories: News Flash

Date: May 01, 2025

The euro zone economy grew faster than expected in the first quarter while inflation declined, indic...

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Marine battery maker AYK Energy strikes biggest ever retrofit deal with Finnish ship owner Wasaline

Categories: News Flash

Date: May 01, 2025

Marine battery maker AYK Energy is gearing up production after striking a deal to undertake the bigg...

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ClassNK releases ‘Prime Shipmanagement Guidelines’ for leveraging successful case studies to enable flexible responses to various situations

Categories: News Flash

Date: May 01, 2025

ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable ship man...

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Bureau Veritas Joins NavHyS Project to Advance Liquid Hydrogen Innovation in Shipping

Categories: News Flash

Date: May 01, 2025

Bureau Veritas Marine & Offshore (BV) is pleased to announce its participation in NavHyS, a new ...

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China’s reliance on soybean imports continues despite cutback plans

Categories: News Flash

Date: May 01, 2025

China wants to reduce reliance on foreign soybeans, but importers apparently didn’t get the memo. ...

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The U.S. Shipbuilding Industry vs. China Implications for the Tanker Segment Amid New USTR Rules

Categories: News Flash

Date: May 01, 2025

As of mid-April 2025, the U.S. Trade Representative (USTR) has finalized and refined its Section 301...

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U.S. imports of major transportation fuels decreased in 2024

Categories: News Flash

Date: Apr 30, 2025

U.S. imports of petroleum products decreased by 210,000 barrels per day (b/d) in 2024 to average 1.8...

Export employment to dive if trade war persists -US business group

Categories: News Flash

Date: Apr 30, 2025

All American exports to China worth $140.7 billion last year now face a retaliatory Chinese tariff o...

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Dalian iron ore nudges higher on resilient China demand

Categories: News Flash

Date: Apr 30, 2025

Dalian iron ore futures edged higher on Tuesday, supported by near-term demand in top consumer China...

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China’s Guangzhou port starts shipping route to Peru

Categories: News Flash

Date: Apr 30, 2025

China’s Guangzhou Port, the largest shipping hub in the country’s south, opened a direct route t...