News Flash
Data-driven maintenance offers clear path for improving fleet reliability and efficiency
Categories: News Flash
Date: Jun 04, 2024
Joint research from Lloyd’s Register (LR), Nippon Yusen Kabushiki Kaisha (NYK Line) and MTI Co., L...
Freight Investor Services (FIS) acquires GR8 Chartering
Categories: News Flash
Date: Jun 04, 2024
Freight Investor Services (FIS), the leading freight and commodity futures broker, is delighted to a...
Two-thirds of European green shipping fuel projects at risk – analysis
Categories: News Flash
Date: Jun 04, 2024
Two-thirds of European green shipping fuel projects are at risk, a new Transport & Environment (...
Baltic index snaps 3-session winning streak on lower rates
Categories: News Flash
Date: Jun 04, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
OTESAT MARITEL Receives Type Approval Certificates
Categories: News Flash
Date: Jun 03, 2024
OTESAT MARITEL, a globally recognized brand in the Satellite Telecommunications market, and Bureau V...
China Merchants Group plans to consolidate shipping operations
Categories: News Flash
Date: Jun 03, 2024
China Merchants Group is planning to consolidate its container line operations amid a boom in the gl...
Bringing over 160 years of experience in shipbuilding and maintenance – ONEX Shipyards joins Green Award to provide incentives to frontrunner shipping companies
Categories: News Flash
Date: Jun 03, 2024
Green Award Foundation proudly announces that ONEX Shipyards has joined us to provide incentives to ...
Asia spot prices hold at near 6-month top as heatwave persists
Categories: News Flash
Date: Jun 03, 2024
Asian spot Liquefied Natural Gas (LNG) prices saw a slight decline this week, but still held near a ...
Demand may push China’s LNG imports to record high
Categories: News Flash
Date: Jun 03, 2024
Fuelled by strong demand from the industrial sector amid an economic recovery and industrial decarbo...
Iron ore prices lack conviction despite China stimulus moves
Categories: News Flash
Date: Jun 03, 2024
The balance of risks for iron ore prices are tilted to the downside despite top buyer China’s most...
Oil price forecasts cut as supply risks trend lower
Categories: News Flash
Date: Jun 03, 2024
Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lo...
Yemen’s Houthis say they conducted six operations in Red Sea and Indian Ocean
Categories: News Flash
Date: Jun 03, 2024
Yemen’s Houthis conducted six operations targeting a U.S. aircraft carrier, a U.S. destroyer and t...
Houthis fire missiles and drones from Yemen, US military says
Categories: News Flash
Date: Jun 03, 2024
The U.S. military said on Friday Yemen’s Houthis launched two anti-ship ballistic missiles and one...
Electric-Vehicles-Affect-Global-Oil-Demand
Categories: News Flash
Date: Jun 03, 2024
Main Navigation How do electric vehicles affect global oil demand? With the penetration of elect...
UK and US strike Houthi rebel targets in Yemen after surge in shipping attacks
Categories: News Flash
Date: Jun 01, 2024
According to Houthi officials, the airstrikes killed at least 16 people and wounded 35. The UK an...
Asia Fuel Oil-HSFO margin closes at nine-month high
Categories: News Flash
Date: Jun 01, 2024
Asia’s refining margin for 380-cst High Sulphur Fuel Oil (HSFO) closed at a nine-month high on the...
Baltic Index Logs Monthly Rise on Strong Capesize Demand
Categories: News Flash
Date: Jun 01, 2024
The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commoditi...
Singapore Tuas Port to add three more berths to ease vessel wait time
Categories: News Flash
Date: Jun 01, 2024
Three new berths will start operations at Singapore Tuas Port later this year to tackle extended wai...
ABS and HD Hyundai Heavy Industries Sign JDP to Advance 3D Printing
Categories: News Flash
Date: Jun 01, 2024
Using a digital library for the design process and 3D printing, also known as Additive Manufacturing...
HMM, Avikus and American Bureau of Shipping (ABS) Partner to Validate Fuel-Saving Autonomous Navigation Technology
Categories: News Flash
Date: Jun 01, 2024
HMM, South Korea’s largest shipping company, has teamed up with Avikus, a subsidiary of HD Hyundai...
Eastern Pacific Shipping partners with DeepSea Technologies for full fleet roll-out of AI performance solution
Categories: News Flash
Date: Jun 01, 2024
Eastern Pacific Shipping (EPS) has entered into an agreement with DeepSea Technologies to implement ...
ClassNK releases ‘Guidelines for Ships Using Alternative Fuels (Edition 3.0)’- adding safety requirements for hydrogen-fueled ships
Categories: News Flash
Date: Jun 01, 2024
ClassNK has released the ‘Guidelines for Ships Using Alternative Fuels (Edition 3.0)’. In additi...
At INTERCARGO meetings in Tokyo, safety and decarbonisation were key issues for members
Categories: News Flash
Date: Jun 01, 2024
INTERCARGO, the International Association of Dry Cargo Shipowners, met in Tokyo last week for its Se...
Shipping’s new reality
Categories: News Flash
Date: Jun 01, 2024
After a period of relative stability spanning five decades, the industry finds itself grappling with...
World Fuel Services strengthens commitment to industry collaboration with key CIMAC appointment
Categories: News Flash
Date: May 31, 2024
World Fuel Services (World Fuel) announces that John Stirling, the company’s Director, Marine Tech...
Members of German Parliament Visit NYK Discussions included decarbonization strategy and ammonia fuel-related business
Categories: News Flash
Date: May 31, 2024
On May 29, eight members of the German parliament, all members of the Committee on Transport, includ...
New Director of Strategy and Energy Transition at IMCA
Categories: News Flash
Date: May 31, 2024
The International Marine Contractors Association (IMCA) has appointed a new Director of Strategy and...
The Heavy Lift Group re-elects executives driving growth
Categories: News Flash
Date: May 31, 2024
The Heavy Lift Group has re-elected three key executive committee members and appointed a new member...
Iron ore falls to two-week low after China reiterates steel output control
Categories: News Flash
Date: May 31, 2024
Iron ore futures slipped to a two-week low on Thursday, undermined by fears of falling demand in top...
Container throughput at China’s ports up 9% in January-April
Categories: News Flash
Date: May 31, 2024
China’s container throughput at its ports rose 9% year on year in the first four months of this ye...
Asia Fuel Oil-Cash premiums rangebound; inventories recover
Categories: News Flash
Date: May 31, 2024
Cash premiums for fuel oil were rangebound in Asia on Thursday, while latest data showed that invent...
Autonomy will advance maritime decarbonization
Categories: News Flash
Date: May 31, 2024
The complex decarbonised systems of the future will require autonomous management systems for viable...