News Flash

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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, ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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, ...

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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...

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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...

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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...

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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...

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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...

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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...