News Flash

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DemoSATH completes a major project goal with the offshore installation.

Categories: News Flash

Date: Aug 14, 2023

With the effective setup of its 2MW revolutionary floating windy platform demonstration in open mar...

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Tanker Market: VLCCs dropped slightly again this week.

Categories: News Flash

Date: Aug 14, 2023

The MEG's LR2s have suffered from diminishing activity this week, and combined with a short week in...

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Russian warship strikes warning shots at a cargo ship in the Black Sea.

Categories: News Flash

Date: Aug 14, 2023

A Russian vessel shot warning rounds at a cargo ship heading north in the Black Sea on Sunday, the ...

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Euroseas Ltd. Announces new charters for its two 4,250 teu containerships, 2007-built Rena P and 2005-built Emmanuel P at $21,000 per vessel per day following a mutually agreed termination of the existing charters

Categories: News Flash

Date: Aug 08, 2023

Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of contain...

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Next steps for managing England’s newly designated Highly Protected Marine Areas

Categories: News Flash

Date: Aug 08, 2023

On 5 July 2023, HPMA designations came into effect in Allonby Bay, North East of Farnes Deep and Do...

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Baltic index up for 3rd day on firm rates for larger vessels

Categories: News Flash

Date: Aug 08, 2023

The Baltic Exchange’s main sea freight index .BADI rose for a third straight session on Monday, b...

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China ports’ container volume rises 4.8% in the half year of 2022, and Ningbo Containerized Freight Index decrease slightly in July 2023

Categories: News Flash

Date: Aug 08, 2023

In the half year of 2023, the cargo volume of Chinese ports was 8188.8 million tons, a year-on-year...

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German environmental group sues private LNG terminal in Lubmin

Categories: News Flash

Date: Aug 08, 2023

A German environmental group on Monday said it had filed a lawsuit against a privately operated liq...

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ScanOcean and Neste unveils a new marine fuel in Sweden that reduces GHG emissions up to 80%

Categories: News Flash

Date: Aug 08, 2023

We are pleased to inform that ScanOcean AB and Neste Oyj are strengthening their existing partnersh...

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STI Receives Largest Capacity Ship to Call at Chilean ports

Categories: News Flash

Date: Aug 08, 2023

Coming from Callao in Peru, the vessel will then continue its route to Coronel. San Antonio Term...

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Growth remains elusive in CTS 1H23 score card

Categories: News Flash

Date: Aug 08, 2023

The half-year report for loaded container volumes, made possible by the release of June’s loaded ...

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Shipping traffic on Belgium’s Scheldt River halted after the accident.

Categories: News Flash

Date: Aug 08, 2023

Shipping traffic on Belgium’s Scheldt River was halted until at least Tuesday morning 10am local ...

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Agreement regarding the sale of two product tankers

Categories: News Flash

Date: Aug 07, 2023

Concordia Maritime AB (publ) (“Concordia Maritime”) has entered into an agreement for the sale ...

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Q2’23 Carbon emission carrier ranking | Far East – North Europe

Categories: News Flash

Date: Aug 07, 2023

We return with the latest update on the Xeneta and Marine Benchmark Carbon Emissions Index (CEI) re...

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Ukraine hits Russian tanker with sea drone near Crimea Bridge

Categories: News Flash

Date: Aug 07, 2023

A Ukrainian sea drone full of explosives struck a Russian fuel tanker overnight near a bridge linki...

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SAAM Closes First Half of 2023 with Net Income of US$33.5 Million

Categories: News Flash

Date: Aug 07, 2023

SAAM [SM SAAM] reports net income of US$33.5 million for first half of 2023. Sales totaled US$449.2...

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Ukraine announced a war risk area in the waters of six Russian ports

Categories: News Flash

Date: Aug 07, 2023

Ukraine has announced a war risk area in the waters of Russian ports on the Black Sea. This follows...

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Saudi Arabia, Russia extend oil cuts ahead of OPEC+ committee meeting

Categories: News Flash

Date: Aug 07, 2023

OPEC+ leaders Saudi Arabia and Russia are set to keep tightening the oil market into the autumn, an...

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Surging U.S. crude oil exports disrupt European, Asian prices

Categories: News Flash

Date: Aug 07, 2023

Surging U.S. crude exports in 2023 are pushing down oil prices in Europe and Asia, proving a key so...

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China to lift tariffs on Australian barley as trade ties improve

Categories: News Flash

Date: Aug 07, 2023

China’s Ministry of Commerce said on Friday it would drop anti-dumping and anti-subsidy tariffs o...

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MV Janet Marie, the Newest Addition to Pasha Hawai‘i’s Container Ship Fleet, Makes Her Inaugural Arrival at Honolulu Harbor’s Pier 51

Categories: News Flash

Date: Aug 07, 2023

Arrival marks the company’s second container ship to operate on natural gas; Pasha Hawaii donates...

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End of ‘easy bunkering’ in sight on shifting oil flows: TFG Marine

Categories: News Flash

Date: Aug 07, 2023

The days of picking and choosing from a range of bunker fuels at ports are disappearing as geopolit...

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Russian Seaborne Crude Oil Export Volumes Fall 16% M/M And May Fall Further

Categories: News Flash

Date: Aug 04, 2023

Russian seaborne crude oil export volumes have remained strong and grew 13% y/y in 2022 despite the...

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Asia Fuel Oil-HSFO rally stalls, inventories continue to rise

Categories: News Flash

Date: Aug 04, 2023

A recent rally in high sulfur fuel oil (HSFO) showed signs of pausing as of Thursday, while landed ...

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More Tankers, fewer Bulkers Were Bought in the S&P Market During the First Half of 2023

Categories: News Flash

Date: Aug 04, 2023

Ship owners gravitated towards more tanker acquisitions, than bulker ones, during the first six mon...

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Carrier reliance on leased container fleet to support higher per diems and cash returns.

Categories: News Flash

Date: Aug 04, 2023

A downturn in trade and mass disposal of surplus equipment will lead to a 2% contraction in the glo...

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Asia crude imports hit high as China, India gorge on Russian oil

Categories: News Flash

Date: Aug 04, 2023

Asia’s crude imports lifted to a record high in July as the top-importing region’s two biggest ...

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Nakilat achieves QAR 775mln net profit for the first half of 2023

Categories: News Flash

Date: Aug 04, 2023

Nakilat, one of the world’s largest Liquefied Natural Gas (LNG) fleet operators achieved a net pr...

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Asia Rice: India export curbs push prices in top hubs to new highs

Categories: News Flash

Date: Aug 04, 2023

A blistering rally in rice export prices from top Asian hubs showed no signs of letting up this wee...

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Saudi Arabia extends 1 mln bpd oil cut, may deepen it in future

Categories: News Flash

Date: Aug 04, 2023

Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another mont...

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Iron ore slump widens as China demand concerns mount

Categories: News Flash

Date: Aug 04, 2023

Iron ore futures slumped on Thursday on fresh concerns about China’s steel production curbs and r...

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Baltic index edges up on firm panamax demand

Categories: News Flash

Date: Aug 04, 2023

The Baltic Exchange’s main sea freight index .BADI edged higher on Thursday, buoyed by an uptick ...