News Flash

Post Image
Consort Bunkers, ClassNK, Yanmar, and Taiko accelerate towards Alternative Fuel Bunkering with new MOU

Categories: News Flash

Date: Jul 03, 2024

Consort Bunkers Pte. Ltd., ClassNK, Yanmar Asia (Singapore) Corporation Pte Ltd, and Taiko Asia Paci...

Post Image
Container shipping rates to Europe firm up

Categories: News Flash

Date: Jul 03, 2024

The cost of shipping cargo containers from India to Europe has firmed up after major carriers raised...

Post Image
Strategic Partnership Announcement Between GMCG and ARCHE

Categories: News Flash

Date: Jul 03, 2024

GMCG, a Global Leader In Engineering And Consultancy, and Arche Energy, a prominent player in Austra...

Post Image
Rising US Imports Drive Increased Activity in the US Container Trading Market, Container xChange Survey Reveals

Categories: News Flash

Date: Jul 03, 2024

A recent survey conducted by Container xChange, on its platform, revealed that the container (shippi...

Post Image
Innovative onboard research to improve crew health and wellbeing through social interaction

Categories: News Flash

Date: Jul 03, 2024

Crews on vessels from the shipping, cruise, and superyacht industries will take part in innovative o...

Post Image
Iron ore at almost 2-week high on better China data, stimulus hopes

Categories: News Flash

Date: Jul 02, 2024

Iron ore futures prices rose on Monday to their highest levels in nearly two weeks, helped by better...

Post Image
Trans Mountain oil pipeline just shy of target for first-month loadings

Categories: News Flash

Date: Jul 02, 2024

About 20 ships loaded crude oil on Canada’s West Coast in the first full month of operation on the...

Post Image
Turkey resumed oil imports from Iran in March after 4 years: data shows

Categories: News Flash

Date: Jul 02, 2024

Figures by the European Union’s statistics agency, Eurostat, show that Turkey resumed importing oi...

Post Image
Cydome Announces Productized Support for IACS Unified Requirements E26 Regulation

Categories: News Flash

Date: Jul 02, 2024

Cydome, a maritime cybersecurity solutions leader, today announced the general availability of its p...

Post Image
Gard acquires global Marine and Energy portfolio

Categories: News Flash

Date: Jul 02, 2024

Gard today announced its acquisition of Codan’s global Marine and Energy (M&E) portfolio. With...

Post Image
Kongsberg Maritime Introduces First Underwater Mountable Thruster with Permanent Magnet Motor, Boosting Responsiveness and Efficiency

Categories: News Flash

Date: Jul 02, 2024

Kongsberg Maritime has introduced a new size of underwater mountable azimuth thruster with a 3.7 met...

Post Image
ICS Publications announces the launch of the Global Health Emergency Guide, First Edition

Categories: News Flash

Date: Jul 02, 2024

International Chamber of Shipping (ICS) Publications is proud to announce the launch of the ‘Globa...

Post Image
HD Hyundai, Hanwha, Samsung face intensifying disputes with shipyard workers

Categories: News Flash

Date: Jul 02, 2024

Labor-management conflict at domestic shipyards has been heightened, as unionized workers call for h...

Post Image
Asia Fuel Oil-VLSFO retains downside on ample supply pool

Categories: News Flash

Date: Jul 02, 2024

Asia’s Very Low Sulphur Fuel Oil (VLSFO) market softened on Monday amid expectations of ample supp...

Post Image
Baltic index hits near 2-month high as capesize rates gain

Categories: News Flash

Date: Jul 02, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...

Post Image
Asia spot prices buoyed by hot summer weather forecasts

Categories: News Flash

Date: Jul 01, 2024

Asian spot Liquefied Natural Gas (LNG) prices held steady this week as forecasts of higher temperatu...

Post Image
Sustainability initiatives go global, Go Green

Categories: News Flash

Date: Jul 01, 2024

APM Terminals colleagues from our locations in Ghana to Brazil, Georgia to India, and the Netherland...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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) ...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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...

Post Image
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...