News Flash
China’s May iron ore imports up 4% y/y on resilient demand, improved steel margins
Categories: News Flash
Date: Jun 08, 2023
China’s imports of iron ore rose 3.95% in May from a year earlier, customs data showed on Wednesd...
Future maritime leaders invited to help set the course for an inclusive transition to a zero-emission future
Categories: News Flash
Date: Jun 08, 2023
Yesterday, young people under the age of 30 make up half of the world’s population. Their future ...
Baltic rises to over 3-month peak on firm demand for larger vessels Baltic rises to over 3-month peak on firm demand for larger vessels
Categories: News Flash
Date: Jun 08, 2023
The Baltic Exchange’s main sea freight index rose on Wednesday to scale its highest in more than ...
Trans-Pacific spot container shipping rates are inching up
Categories: News Flash
Date: Jun 07, 2023
Shipping lines have pulled Asia-U.S. spot rates off the floor, but it’s a slog: two steps up, one...
NAPA and Simwave partner to improve access to stability training for seafarers and ship operators
Categories: News Flash
Date: Jun 07, 2023
NAPA, a global provider of maritime software and data services, has announced a partnership with Si...
Survitec Digitalises Ship Safety Management With A New Interactive Graphical Monitoring Solution, Smarr-Ti
Categories: News Flash
Date: Jun 07, 2023
Global Survival Technology solutions provider Survitec aims to substantially improve onboard ship s...
WinGD and Mitsubishi Shipbuilding sign MoU for ammonia collaboration
Categories: News Flash
Date: Jun 07, 2023
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipb...
ABS AIP for Provaris’ Innovative Compressed Hydrogen Technology
Categories: News Flash
Date: Jun 07, 2023
ABS has presented Provaris Energy with an approval in principle (AIP) for its innovative gaseous hy...
ENGINE: East of Suez Bunker Fuel Availability Outlook
Categories: News Flash
Date: Jun 07, 2023
Singapore Demand has been average in Singapore so far this week. Securing VLSFO and HSFO stems i...
HSFO back in premium; Saudi crude output cut seen bullish
Categories: News Flash
Date: Jun 07, 2023
Asia’s spot market for 180-cst high sulphur fuel oil (HSFO) flipped back into a small premium on ...
Anemoi scales up Rotor Sail technology to boost maritime sector’s decarbonization efforts
Categories: News Flash
Date: Jun 07, 2023
Anemoi Marine Technologies, a leading UK-based developer of Rotor Sails for the global shipping ind...
South Korea’s ‘Big 3’ Shipbuilders Enter 14 Trillion Won Negotiations for Qatar LNG Vessels
Categories: News Flash
Date: Jun 07, 2023
HD Hyundai Heavy Industries, Hanwha Ocean, and Samsung Heavy Industries, collectively known as the ...
Ports in China’s oil hub Shandong scrutinizing old tankers -sources
Categories: News Flash
Date: Jun 07, 2023
Ports in China’s Shandong province are demanding more detailed information about oil tankers that...
Port Freeport completes $146m expansion
Categories: News Flash
Date: Jun 06, 2023
On 14 November 2019, the Port Freeport Commissioners approved a construction contract with McCarthy...
Biofuels to play significant role in decarbonising shipping: DNV
Categories: News Flash
Date: Jun 06, 2023
The report “Biofuels in Shipping” covers the current state of biofuel production, consideration...
Shipping’s fuel challenge urgency grows as emissions regulations tighten
Categories: News Flash
Date: Jun 06, 2023
Shipping’s emissions – measured on a tank-to-wake basis – are likely to contribute 2.1% of gl...
US coal employment on upswing, but production remains relatively flat
Categories: News Flash
Date: Jun 06, 2023
Total quarterly coal production across the United States has held relatively flat since late 2021, ...
China’s soft economic data will mean lower commodity imports, but not yet
Categories: News Flash
Date: Jun 06, 2023
A run of weak economic data in China is likely to show up in softer imports of key commodities, alb...
High Container Availability Index Points at Container Overcapacity at Indian Ports
Categories: News Flash
Date: Jun 06, 2023
The strengthening India-US trade relationship resulted in a 7.65 per cent increase in bilateral tra...
Cadets of Saudi Naval force trained by Indian Navy
Categories: News Flash
Date: Jun 06, 2023
As many as 55 cadets of the Royal Saudi Naval Force (RSNF) along with five Directing Staff are trai...
Passengers Evacuated After Fire on Expedition Cruise Ship in Alaska
Categories: News Flash
Date: Jun 06, 2023
The U.S. Coast Guard is reporting that 67 people were safely evacuated from a small, expedition cru...
Mitsubishi Shipbuilding and WinGD Partner for Ammonia-Fueled Engines
Categories: News Flash
Date: Jun 06, 2023
In a unique partnership, Japanese and Chinese interests from the shipbuilding industry have agreed ...
AI-Controlled Autonomous Battery Powered Trucks Ordered for Felixstowe
Categories: News Flash
Date: Jun 06, 2023
The Port of Felixstowe, the UK’s largest and busiest container port, is set to become the first p...
Tankers: VLCCs Face Another Quiet Week
Categories: News Flash
Date: Jun 05, 2023
LR2 MEG LR2’s have suffered from relatively little activity this week, exacerbated by a short ...
Russia behind 225% spike in shadowy oil transfers at sea
Categories: News Flash
Date: Jun 05, 2023
As Russia seeks to up its game in circumventing Western sanctions, more oil tankers are turning off...
US coal employment on upswing, but production remains relatively flat
Categories: News Flash
Date: Jun 05, 2023
Total quarterly coal production across the United States has held relatively flat since late 2021, ...
Biodiesel import flood could drown European market, producers body says
Categories: News Flash
Date: Jun 05, 2023
A flood of potentially “dubious” biodiesel imports into Europe from China needs to be subject t...
Level playing field between EU ports and within the maritime logistics chain must remain high on the agenda of policy makers
Categories: News Flash
Date: Jun 05, 2023
The importance of harmonized implementation of “Fit for 55” proposals and more particularly AFI...
Bangladesh: Lack of Specialised Financing Key Barrier To Ship Exports: Study
Categories: News Flash
Date: Jun 05, 2023
A lack of specialised financial systems, such as specialised banks or loan schemes, is the key barr...
HMM tasked with preventing sale of Hyundai LNG to foreign firm
Categories: News Flash
Date: Jun 05, 2023
HMM, Korea’s leading shipping company that is under the control of the state-run Korea Developmen...
Black Sea Watch: Market strength wanes as Ukrainian grain flows halve in May
Categories: News Flash
Date: Jun 05, 2023
Black Sea grain market weakened in May in both freight prices and volumes amid uncertainty regardin...
Europe’s share of US LNG cargoes narrowed in May; France, UK top destinations
Categories: News Flash
Date: Jun 05, 2023
France and the UK were the top destinations for US LNG cargoes delivered in May, with Europe mainta...