News Flash

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The Port of Gothenburg signs sister port agreement with the Port of Shenzhen

Categories: News Flash

Date: May 27, 2023

The agreement was signed during a visit to the Port of Gothenburg by a delegation of 20 people from...

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Russia signals end to Black Sea grain deal in July if demands not met

Categories: News Flash

Date: May 27, 2023

Russia signaled on Thursday that if demands to improve its grain and fertilizer exports are not met...

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Keppel intensifies efforts in the development of green hydrogen and ammonia production for use in Australia and export to Asia

Categories: News Flash

Date: May 27, 2023

Keppel Corporation is intensifying its efforts in the production and use of green hydrogen and ammo...

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Baltic index logs worst week in 4 months as rates across vessels fall

Categories: News Flash

Date: May 27, 2023

The Baltic Exchange’s main sea freight index logged its worst weekly decline in more than four mo...

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ClassNK Innovation Endorsement Granted For Inmarsat’s Fleet Secure Endpoint

Categories: News Flash

Date: May 27, 2023

ClassNK has granted its Innovation Endorsement to Inmarsat’s Fleet Secure Endpoint, verifying the...

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Lloyd’s Register drops ships of top Indian carrier of Russian oil

Categories: News Flash

Date: May 27, 2023

Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Ru...

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Erik Thun takes a climate leap to reduce emissions

Categories: News Flash

Date: May 26, 2023

As part of our climate transition and in order to further reduce greenhouse gas emissions, the Erik...

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‘I’m not sure history has ever seen this before’: Top CEOs on what they expect next from the economy

Categories: News Flash

Date: May 26, 2023

The CEO of bond investing giant TCW Group, Katie Koch, heard what she wanted to hear at this week...

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Ministry and sea ports move to expand shore power

Categories: News Flash

Date: May 26, 2023

The Ministry of Infrastructure is allocating €140 million over the next few years to help realise...

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Shipbuilding – Ship prices rising on energy transition and stricter regulations

Categories: News Flash

Date: May 26, 2023

Investment points for the shipbuilding sectors include: 1) rising newbuilding prices; and 2) order ...

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VLSFO steadies; Singapore inventories ease further

Categories: News Flash

Date: May 26, 2023

Asia’s very-low sulphur fuel oil (VLSFO) market steadied on Thursday after sliding over the last ...

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Future Proof Shipping launches first hydrogen-powered inland container ship

Categories: News Flash

Date: May 26, 2023

On 25 May, Dutch shipping company Future Proof Shipping (FPS) officially launched the first hydroge...

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The power of partnership – Euronext, Oslo Børs and Norway’s maritime cluster

Categories: News Flash

Date: May 26, 2023

The ringing of the Oslo Børs bell on Monday 5 June will be heard throughout the global ocean indus...

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MABUX: Bunker Prices Could Keep Retreating Next Week

Categories: News Flash

Date: May 26, 2023

Over the Week 21, the global MABUX bunker indices turned into an upward trend. The 380 HSFO index e...

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Nikolaus H. Schües elected BIMCO president

Categories: News Flash

Date: May 26, 2023

BIMCO, the world’s largest shipping association, has elected Nikolaus H. Schües, CEO and owner o...

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ICS calls on governments to set the course towards a net zero future in July

Categories: News Flash

Date: May 26, 2023

The International Chamber of Shipping (ICS) has submitted detailed well-thought through proposals t...

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Charter Parties Holding Back Industry Decarbonization Efforts: White Paper Launched by Nautilus Labs and BIMCO

Categories: News Flash

Date: May 26, 2023

Nautilus Labs, the technology partner pioneering the decarbonization of the ocean supply chain, and...

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Canada natgas exports to US back at levels seen before Alberta wildfires

Categories: News Flash

Date: May 25, 2023

Canadian natural gas exports to the U.S. this week returned to levels seen before wildfires in Albe...

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Russia energy exports to China to grow by 40 percent: deputy PM

Categories: News Flash

Date: May 25, 2023

Russian energy deliveries to China were set to grow by 40 percent this year, Deputy Prime Minister ...

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US gas production growth on hold as demand, infrastructure catch up: panelists

Categories: News Flash

Date: May 25, 2023

US natural gas production growth could be on pause until more LNG export capacity comes online late...

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Russia considers gasoline export ban, sources say

Categories: News Flash

Date: May 25, 2023

The Russian government is considering a possible gasoline export ban to prevent domestic fuel short...

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Mitsubishi Shipbuilding Completes Delivery of Ammonia Fuel Supply System for Large, Low-Speed Two Stroke Marine Engines

Categories: News Flash

Date: May 25, 2023

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed...

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MOL to Commercialize ‘V-MO’ Monitoring Service for Marine Motors Jointly Developed with Asahi Kasei Engineering

Categories: News Flash

Date: May 25, 2023

Mitsui O.S.K. Lines, Ltd. yesterday announced that it has completed the joint research and developm...

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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Categories: News Flash

Date: May 25, 2023

Northwest Europe Bunker supply is said to be normal in Rotterdam, but securing prompt delivery o...

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Windward Launches its Shipment Analytics Dashboard to Optimize Supply Chain Decision Making and Exception Management

Categories: News Flash

Date: May 25, 2023

Windward, the leading Maritime AI™ company, announced today the launch of its Shipment Analytics ...

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MISC Expects Tight LNG Shipping Market Until the End of 2023

Categories: News Flash

Date: May 25, 2023

MISC is pleased to announce its financial results for the first quarter ended 31 March 2023. Fin...

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Cash premium for VLSFO down for fourth session

Categories: News Flash

Date: May 25, 2023

The cash premium for very low sulphur fuel oil (VLSFO) in Asia softened for a fourth straight sessi...

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Iran and Russia to Build “Sanction-Proof” Shipping Fleet of 20 Ships

Categories: News Flash

Date: May 24, 2023

Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sa...

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MSC Sets New Record: Container Fleet Surges to Impressive 5 Million TEU Capacity

Categories: News Flash

Date: May 24, 2023

MSC successfully overtook Maersk and emerged as the world’s largest container carrier 16 months a...

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Five inducted into International Maritime Hall of Fame in NYC

Categories: News Flash

Date: May 24, 2023

In a ceremony held at The Lighthouse at Pier 61 at Chelsea Piers in New York City, five global ...

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Iran and Russia to Build “Sanction-Proof” Shipping Fleet of 20 Ships

Categories: News Flash

Date: May 24, 2023

Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sa...

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Daibiru Group Medium- to Long-Term Management Plan 2035 ‘‘BUILD NEXT.’’ Formulated

Categories: News Flash

Date: May 24, 2023

DAIBIRU CORPORATION., a member of the Mitsui O.S.K. Lines Group have formulated the new Daibiru Gro...