News Flash
Greek and Chinese companies own 34% of the global fleet’s cargo capacity
Categories: News Flash
Date: Nov 09, 2023
The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity...
StormGeo Launches EU ETS Solution, Enabling Shipping Companies To Manage Their EU ETS Exposure Efficiently
Categories: News Flash
Date: Nov 09, 2023
StormGeo, a global leader in weather intelligence and vessel optimization and part of Alfa Laval, a...
New One Sea Member Mahi Adds Expertise In Maritime Autonomy
Categories: News Flash
Date: Nov 09, 2023
MAHI has become the latest company to join One Sea, bringing further expertise to the growing assoc...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: Nov 09, 2023
Northwest Europe HSFO has become more widely available for bunkering in Rotterdam and the rest o...
Asia Fuel Oil-VLSFO strength holds after Kuwait term tender
Categories: News Flash
Date: Nov 09, 2023
Asia’s very low sulphur fuel oil (VLSFO) market firmed on Wednesday following a term tender that ...
Ocean Safety enhances technical team with new appointments
Categories: News Flash
Date: Nov 09, 2023
Ocean Safety has made three crucial appointments to enhance its current technical team, reinforcing...
Seaber appoints Willem Dijkhuis as special advisor
Categories: News Flash
Date: Nov 09, 2023
Seaber, the Finnish maritime technology company, is proud to announce the appointment of a new spec...
Nor-Shipping 2025 is already 70% sold out as industry looks to build on success of 2023
Categories: News Flash
Date: Nov 09, 2023
It may be over a year and a half away, but exhibition space at Nor-Shipping 2025 is already in shor...
Weaker capesize rates push Baltic index lower
Categories: News Flash
Date: Nov 09, 2023
The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk co...
Wallenius Wilhelmsen Orders Multiple Dual-Fuel, Methanol-Powered Car Carriers
Categories: News Flash
Date: Nov 08, 2023
Wallenius Wilhelmsen, the global RoRo shipping and vehicle logistics company, has ordered 4 × MAN ...
VETUS D and M-Line Diesel Engines Gain HVO Approval
Categories: News Flash
Date: Nov 08, 2023
As a trailblazer for sustainable boating, HVO compatibility propels VETUS further towards zero emis...
GC Rieber Shipping: Third quarter results 2023
Categories: News Flash
Date: Nov 08, 2023
Operating income from continuing operations was NOK 0.2 million in the third quarter of 2023, compa...
Brookes Bell picks up Technology and Innovation Award for its Corrosion Mapping Service
Categories: News Flash
Date: Nov 08, 2023
Brookes Bell, the world’s leading multi-disciplinary technical and scientific consultancy for the...
Baltic index advances higher as capesize rates gain strength
Categories: News Flash
Date: Nov 08, 2023
The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk co...
New Recommended Practice Aims To Improve Safety In Shallow Waters And Expands Offshore Wind Industry Knowledge
Categories: News Flash
Date: Nov 08, 2023
The rise of offshore wind means specialist vessels are increasing their activity in shallow waters....
WiseTech Global acquires Sistemas Casa to expand global customs capability into Mexico
Categories: News Flash
Date: Nov 08, 2023
WiseTech Global (ASX:WTC), developer of leading logistics execution software CargoWise, today annou...
LNG bunker vessel, Alice Cosulich sets sail for Europe from Qidong, China
Categories: News Flash
Date: Nov 08, 2023
LNG bunker vessel, Alice Cosulich has set sail for Europe from Qidong, China. The Fratelli Cosulich...
First Marine Vehicle Classed Using ABS Autonomous Guide
Categories: News Flash
Date: Nov 08, 2023
The Saildrone Voyager, a 10-meter commercial uncrewed surface vehicle (USV), is the first autonomou...
Asia Fuel Oil-Spot market slips; market structure weakens slightly
Categories: News Flash
Date: Nov 08, 2023
Asia’s spot fuel oil market eased on Tuesday as cash differentials slipped across key grades, aft...
Asian seaborne thermal coal demand picking up, but prices stay soft
Categories: News Flash
Date: Nov 07, 2023
Demand for seaborne thermal coal in Asia is starting to pick up ahead of peak winter consumption, b...
Seabird Technologies Partners with Seabed 2030 to Promote Ocean Sustainability
Categories: News Flash
Date: Nov 07, 2023
The Nippon Foundation-GEBCO Seabed 2030 Project and Seabird Technologies have announced a new partn...
Maritime Charities Group Commissions New Research On Seafarer Demographics
Categories: News Flash
Date: Nov 07, 2023
The Maritime Charities Group is commissioning new research on the size and demographic profile of t...
Remembering The Legacy of Capt. Antonio Cosulich, Former Chairman of Fratelli Cosulich Group
Categories: News Flash
Date: Nov 07, 2023
It is with profound sorrow that we announce the passing of Capt. Antonio Cosulich, the former Chair...
China’s domination of the MPV orderbook presents a supply-side risk.
Categories: News Flash
Date: Nov 07, 2023
The multipurpose vessel (MPV) orderbook to date is dominated by China, both in number of vessels an...
Kongsberg Digital Selected by Svitzer Australia to Deliver World-Class Simulation Capability
Categories: News Flash
Date: Nov 07, 2023
Global leader in sustainable marine services, Svitzer, has selected Kongsberg Digital to deliver st...
Wärtsilä plans to simplify its organisation and reporting structure, Marine Systems to be discontinued as a reporting segment.
Categories: News Flash
Date: Nov 07, 2023
Wärtsilä plans to further streamline its marine business portfolio by divesting its Gas Solutions...
Asia Fuel Oil-VLSFO premium pares gains even as backwardation holds.
Categories: News Flash
Date: Nov 07, 2023
The cash premium for very low sulphur fuel oil (VLSFO) in Asia eased on Monday after hitting a year...
Shipping Corp Consolidated September 2023 Net Sales at Rs 1,093.20 crore, down 23.04% Y-o-Y
Categories: News Flash
Date: Nov 07, 2023
Net Sales at Rs 1,093.20 crore in September 2023 down 23.04% from Rs. 1,420.40 crore in September 2...
Baltic index rises on strong capesize rates.
Categories: News Flash
Date: Nov 07, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
LNGC orders to rise; revenue to grow
Categories: News Flash
Date: Nov 06, 2023
Combined new orders for the three major domestic shipbuilders in 2023 are expected to exceed guidan...
Long Beach-Federal Collaboration Improves Navigation
Categories: News Flash
Date: Nov 06, 2023
Imagine driving your car down a narrow road that you cannot see and your tires cannot touch. The ro...
Tanker Market: The VLCC Market Keeps on Rising
Categories: News Flash
Date: Nov 06, 2023
Clean LR2 LR’s in the MEG have taken a heavy re-correction down this week in terms of freig...