News Flash
Columbia Group opens up in Istanbul
Categories: News Flash
Date: May 31, 2023
The Columbia Group has underlined its commitment to the burgeoning Turkish maritime cluster by open...
Pakistan to receive Russian Urals crude for first time in small batches early June
Categories: News Flash
Date: May 31, 2023
Pakistan is scheduled to receive around 750,000 barrels of Urals crude over the coming days, which ...
Freight Industry Must Resist The Tidal Wave Of Drug Smuggling
Categories: News Flash
Date: May 31, 2023
In the past two months, since the beginning of April, yet more examples of criminal gangs utilising...
Lauded for ‘self confidence’, who snapped up Russian oil defying the superpower?
Categories: News Flash
Date: May 31, 2023
India’s oil purchases from Russia have risen sharply after the invasion of Ukraine in February 20...
Drewry: Port Throughput Index Rose 5.4% in March
Categories: News Flash
Date: May 31, 2023
The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/declin...
Cash premiums for VLSFO steady, sentiment subdued
Categories: News Flash
Date: May 31, 2023
Asia’s very-low sulphur fuel oil (VLSFO) markets remained steady on Tuesday for a second straight...
Methanol Institute publishes first complete guide to methanol as a marine fuel
Categories: News Flash
Date: May 31, 2023
The Methanol Institute (MI) has published the first comprehensive guide to methanol as a marine fue...
Baltic dry bulk index extends slide for 13th Day
Categories: News Flash
Date: May 31, 2023
The Baltic Exchange’s main sea freight index of shipping rates for dry bulk commodities fell for ...
CoolCo set for top fleet performance with BASSnet Vetting & HSEQ software
Categories: News Flash
Date: May 30, 2023
Cool Company Ltd (‘CoolCo’), the leading LNG shipping company listed on the stock exchanges in ...
Saudi diesel imports from Russia, exports to Singapore hit records
Categories: News Flash
Date: May 30, 2023
Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amoun...
Port Canaveral is the first US seaport to provide LNG bunkering
Categories: News Flash
Date: May 30, 2023
Port Canaveral in Florida, a major home port for cruise vessels, is the first US port to provide LN...
Introducing the World’s First Battery Tanker ‘X’: The Inaugural Ship of Power Ark 100. On Track for Completion by 2025, with Field Testing Set to Commence in 2026
Categories: News Flash
Date: May 30, 2023
Japanese battery startup, PowerX, Inc. has unveiled the detailed design of the first-ever ‘Batter...
ABS, the Largest Class in Greece, Explores the Future of Shipping, Regulatory Developments and Net-Zero Solutions at the ABS Hellenic National Committee Meeting
Categories: News Flash
Date: May 30, 2023
Greek shipping and maritime finance leaders joined ABS, the leading Class in Greece, to hear the la...
Eni and RINA sign partnership to accelerate the energy transition and decarbonization of maritime transport
Categories: News Flash
Date: May 30, 2023
RINA, an international company specialising in inspection, certification and engineering consultanc...
VLSFO premium steady but hopes of high supply weigh
Categories: News Flash
Date: May 30, 2023
Cash premium for Asia’s very-low sulphur fuel oil (VLSFO) was steady on Monday after easing last ...
Mechanical sails? Batteries? Shippers forming ‘green corridors’ to fast-track cleaner technologies
Categories: News Flash
Date: May 30, 2023
It’s among the world’s busiest container shipping routes — a stream of vessels packed with fu...
Comparative analysis of candidate mid-term GHG measures
Categories: News Flash
Date: May 30, 2023
An Expert Workshop on a “comparative analysis of candidate mid-term GHG reduction measures” to ...
How LNG shipping kept Europe’s wartime energy supply secure
Categories: News Flash
Date: May 30, 2023
A year ago, an armada of ships came to Europe’s aid, bringing U.S.-produced liquefied natural gas...
Container Shipping Still Poised for Profitability in 2023
Categories: News Flash
Date: May 29, 2023
With a normalized container shipping market, the first quarter of 2023 saw a significant drop in pr...
Norden Acquires Thorco Projects to Further Expand in Breakbulk Segment
Categories: News Flash
Date: May 29, 2023
In a further move to expand its business in the general cargo segment, Danish shipping company Nord...
Norstar Ship Management on the MarineLINE(R) Cargo Tank Coating System: A Superior Solution for Efficient and Cost-Effective Operations
Categories: News Flash
Date: May 29, 2023
When selecting the ideal cargo tank coating system for your marine operations, the choice can signi...
Global freight cycle may have reached lowest point
Categories: News Flash
Date: May 29, 2023
Global freight volumes show signs of having bottomed out in the first quarter, signalling the indus...
The ‘Big 4’ drivers of coal imports and power emissions
Categories: News Flash
Date: May 29, 2023
Just four countries account for over half of all thermal coal imports and more than 70% of global p...
Bunkers slide on week amid unclear signals from crude
Categories: News Flash
Date: May 29, 2023
Marine fuel markets lost some ground in the week ended May 25 amid mixed dynamics in crude markets ...
European thermal coal buyers eye reselling in Asia amid sufficient stockpile
Categories: News Flash
Date: May 29, 2023
With decent thermal coal stockpile at European ports, along with lower coal demand due to strong na...
Maritime and Port Authority of Singapore hosts Workshop on Developing Emergency Responses for Ammonia Bunkering with Partners
Categories: News Flash
Date: May 29, 2023
The Maritime and Port Authority of Singapore (MPA), the Embassy of France in Singapore, and Innovat...
Giant tankers full of American propane are making waves
Categories: News Flash
Date: May 29, 2023
Not all shipping sectors and shipping stocks are under pressure. Container shipping is mired in pes...
Singapore is leading the way on taking carbon out of shipping
Categories: News Flash
Date: May 29, 2023
Last month, Asia was swept by record-breaking temperatures. Fueled by climate change, extreme weath...
Successful first phase of engine testing confirms material improvements in efficiency and emissions reductions with bioMSAR™
Categories: News Flash
Date: May 27, 2023
Quadrise Plc (AIM:QED), the supplier of innovative energy solutions for a cleaner planet, and biore...
MSC Sets New Record: Container Fleet Surges to Impressive 5 Million TEU Capacity
Categories: News Flash
Date: May 27, 2023
MSC successfully overtook Maersk and emerged as the world’s largest container carrier 16 months a...
Taiwan’s Shipping Lines beating IMO carbon target far ahead of times
Categories: News Flash
Date: May 27, 2023
Taiwan’s two largest shipping carriers have reduced their carbon emissions by 40 percent, seven y...
DP World world cut total global carbon emissions by 5% in 2022
Categories: News Flash
Date: May 27, 2023
“At DP World, we believe in enabling resilience, and building a smart and sustainable future that...