News Flash

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...