News Flash

Post Image
The Week in Alternative Fuels

Categories: News Flash

Date: Jun 12, 2023

A shipping industry survey conducted by the International Chamber of Shipping (ICS) revealed that t...

Post Image
$5.2 billion in cargo stuck off West Coast ports in truck and container bottleneck

Categories: News Flash

Date: Jun 12, 2023

The “slow and go” pace of the International Longshore and Warehouse Union workforce at West Coa...

Post Image
Russia still dissatisfied with Black Sea grain deal after UN talks

Categories: News Flash

Date: Jun 12, 2023

Russia is still not satisfied with how a Black Sea grain deal is being implemented, Deputy Foreign ...

Post Image
Jobs at stake as California port terminal upgrades to green technology

Categories: News Flash

Date: Jun 12, 2023

Unions hope a $30 million grant to electrify tractors in a Long Beach, California, port terminal’...

Post Image
Asia-US container rates surge; US West Coast labour dispute intensifies

Categories: News Flash

Date: Jun 12, 2023

Rates for shipping containers from east Asia and China to both US coasts surged this week following...

Post Image
GTT receives three approvals in principle from DNV on its latest development projects in alternative fuels

Categories: News Flash

Date: Jun 10, 2023

GTT has been granted three Approvals in Principle (AiP[1]) from DNV, a world’s leading classifica...

Post Image
KR Awards Approval in Principle to HD Hyundai Heavy Industries’ Innovative Tank Shape (Hi-ICON) with Sloshing-Restrained Technology

Categories: News Flash

Date: Jun 10, 2023

Korean Register (KR) has awarded an Approval in Principle (AIP) to HD Hyundai Heavy Industries (HD ...

Post Image
A.P. Moller – Maersk expands relationship with Microsoft to further digitize and decarbonize logistics

Categories: News Flash

Date: Jun 10, 2023

A.P. Moller – Maersk (Maersk), one of the world’s largest logistics companies, today announced ...

Post Image
Low-Flashpoint Methanol Fuel System from KSOE Approved by ABS

Categories: News Flash

Date: Jun 10, 2023

A low-carbon fuel supply system from HD Korea Shipbuilding & Offshore Engineering (KSOE) has re...

Post Image
Despite China heatwave, weak factory demand curbs coal prices, LNG imports

Categories: News Flash

Date: Jun 10, 2023

An ongoing heatwave in China is boosting power demand for cooling, but tepid industrial demand and ...

Post Image
KNCC Liquid CO2 Concept moves forward with DNV GASA

Categories: News Flash

Date: Jun 10, 2023

Classification society DNV awarded Knutsen NYK Carbon Carriers (KNCC) with a General Approval for S...

Post Image
Americas Fuel Availability Outlook

Categories: News Flash

Date: Jun 10, 2023

North America Availability of VLSFO and LSMGO grades in Houston has been good so far this week. ...

Post Image
Russian seaborne crude exports hit post-war high on Indian buying spree

Categories: News Flash

Date: Jun 10, 2023

Russian seaborne crude exports rose to a post-war high in May, according to tanker tracking data, a...

Post Image
Labor unrest, canal woes could complicate ‘normal’ peak season

Categories: News Flash

Date: Jun 10, 2023

May import numbers are in and yet again, the trend is closely aligned with pre-COVID levels in 2018...

Post Image
Alternative Marine Fuels: Monthly Market Indicators

Categories: News Flash

Date: Jun 10, 2023

Global alternative marine fuel markets have been a hot topic at Oslo’s Nor Shipping Trade Fair, w...

Post Image
Saudi Arabia’s solo play shows mess of oil market contradictions

Categories: News Flash

Date: Jun 09, 2023

Saudi Arabia’s decision to deepen its crude oil production cuts, without matching contributions f...

Post Image
West Coast dockworkers making $200K demand higher pay

Categories: News Flash

Date: Jun 09, 2023

West Coast container port operations are being disrupted by a dispute over the size of dockworkers...

Post Image
Columbia Shipmanagement continues partnership with AKTI Project and Research Centre in combatting coastal microplastics in Cyprus

Categories: News Flash

Date: Jun 09, 2023

On World Ocean Day 2023, Columbia Shipmanagement Ltd. proudly reaffirms its commitment to environme...

Post Image
ZIM’s Levant Black Sea Express (LBX) Service to Add a Thessaloniki Call

Categories: News Flash

Date: Jun 09, 2023

ZIM Integrated Shipping Services Ltd. announced today that its Levant – Black Sea Express (LBX) s...

Post Image
Vessel buildup grows at West Coast ports as maritime supply chain begins to break, echoing Covid chaos

Categories: News Flash

Date: Jun 09, 2023

The number of vessels due to dock at the Port of Los Angeles and Long Beach is increasing as labor ...

Post Image
Capesize, panamax gains drive Baltic index higher

Categories: News Flash

Date: Jun 09, 2023

The Baltic Exchange’s main sea freight index rose for a fourth straight session on Thursday, help...

Post Image
Software Improvement Group: Routescanner is neutral

Categories: News Flash

Date: Jun 09, 2023

otterdam/Amsterdam, 8 June 2023 – Through in-depth code review, data analysis, and extensive expe...

Post Image
Euro zone slips into recession after Germany, Ireland revisions

Categories: News Flash

Date: Jun 09, 2023

The euro zone economy was in a technical recession in the first three months of 2023, data from Eur...

Post Image
Iron ore extends rally as China stimulus hopes persist

Categories: News Flash

Date: Jun 09, 2023

Iron ore futures climbed on Thursday, with the Dalian benchmark hitting a fresh seven-week high, wh...

Post Image
The CMA CGM Group builds up its terminal footprint in Europe and the Mediterranean with CSP Bilbao and Valencia

Categories: News Flash

Date: Jun 09, 2023

The CMA CGM Group, a global player in sea, land, air and logistics solutions, will acquire shares i...

Post Image
Global demand for natural gas will grow by 36%

Categories: News Flash

Date: Jun 08, 2023

The joint conference of the Russian Energy Week (REW) Expert Club and the Iranian Institute for Int...

Post Image
Euro economic misses may mask pandemic reboot

Categories: News Flash

Date: Jun 08, 2023

Even if some yearn for pre-pandemic familiarity after three years of global economic disruption, th...

Post Image
Kongsberg Maritime’s Next Generation Feeder Containership design receives Approval in Principle from DNV

Categories: News Flash

Date: Jun 08, 2023

Kongsberg Maritime’s innovative next generation 2000 TEU container feeder vessel design has recei...

Post Image
ABS First to Publish Broad-Reaching Requirements for Hydrogen-Fueled Vessels

Categories: News Flash

Date: Jun 08, 2023

ABS is the first class society to develop and publish an expansive set of requirements to guide the...

Post Image
VLSFO cash premium extends slide on selling interest

Categories: News Flash

Date: Jun 08, 2023

Asia’s cash premium for very-low sulphur fuel oil (VLSFO) fell for a second straight day as selli...

Post Image
UAE to tighten insurance cover for ships flying its flag

Categories: News Flash

Date: Jun 08, 2023

In line with the UAE’s steadfast dedication to safeguarding the local, regional, and global marit...

Post Image
Ports play a major role in reducing shipping emissions, highlighting the limitations of slow-steaming

Categories: News Flash

Date: Jun 08, 2023

The International Maritime Organization (IMO) has long been committed to reducing the industry’s ...