News Flash
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...
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...
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...
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...
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...
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...
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...
‘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...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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...