News Flash

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VPS-inspected marine biofuel samples surge amid push towards sustainable shipping

Categories: News Flash

Date: May 08, 2023

Key bunker hubs such as Singapore and major shipping companies, particularly container lines, globa...

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India’s imports from OPEC at all-time low as Russian oil buy peaks

Categories: News Flash

Date: May 08, 2023

Oil producers cartel OPEC‘s share in India’s oil imports fell to an all-time low of 46 per cent...

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Union Minister Sonowal To Receive First Indian Cargo Ship At Sittwe Port In Myanmar On May 9

Categories: News Flash

Date: May 08, 2023

The route is likely to unlock tremendous economic potential for the entire Bay of Bengal peninsula,...

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World's Largest Cruise Ship Icon of the Seas Starts Sea Trials in June

Categories: News Flash

Date: May 08, 2023

Shipbuilder Meyer Turku reports that the world’s largest cruise, the Icon of the Seas u...

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Without Waterways Biden’s Climate Plan Will Waste Trillions

Categories: News Flash

Date: May 08, 2023

 With a staggering 15,000+ miles of navigable waterways, it’s critical to note that river ba...

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Decoupling from China neither viable nor desirable for Europe, expert says

Categories: News Flash

Date: May 08, 2023

Decoupling from China is neither viable nor desirable for Europe, which is a close economic and tra...

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BRI generates tangible benefits for involved countries

Categories: News Flash

Date: May 08, 2023

The Belt and Road Initiative has become an important global public product, generating tangible ben...

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African leaders urged to harness seafarer green skills momentum

Categories: News Flash

Date: May 06, 2023

As the maritime industry transitions to a low and zero-carbon future, African policymakers are bein...

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DNV forecasts oil demand in transport sector to half by 2050

Categories: News Flash

Date: May 06, 2023

Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors in...

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Shipments from Ukraine slowing as Black Sea grain deal deadline nears

Categories: News Flash

Date: May 06, 2023

The pace of shipments from Ukraine under a U.N.-backed initiative has slowed as concerns grow over ...

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VLSFO premium eases; short-lived rebound fizzles out

Categories: News Flash

Date: May 06, 2023

Asia’s spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) eased for a second consecutiv...

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Trans-Atlantic cargo frenzy boosts Aframax tanker freight

Categories: News Flash

Date: May 06, 2023

A surge in demand for trans-Atlantic freight movements out of the US Gulf Coast on midsize Aframax ...

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World first in Antwerp port area: drone network officially launched

Categories: News Flash

Date: May 06, 2023

Six autonomous drones will perform daily flights in the Antwerp port area, a world first that will ...

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JNPA Port sets global benchmark with record 22-hour container turnaround time

Categories: News Flash

Date: May 06, 2023

Jawaharlal Nehru Port Authority (JNPA), India’s leading container port, has achieved a global mil...

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The unknown Indian company shipping millions of barrels of Russian oil

Categories: News Flash

Date: May 06, 2023

Please use the sharing tools found via the share button at the top or side of articles. Copying art...

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US Shipping Firms Set to Hire 75000 Filipino Seafarers In Next 3-4 Years

Categories: News Flash

Date: May 06, 2023

US-based seafaring majors are looking to hire approximately 75,000 Filipino seafarers in the next f...

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First Cargo Ship To India-Funded Myanmar Port Leaves Kolkata For Trial Run

Categories: News Flash

Date: May 06, 2023

Myanamar’s Sittwe Port, funded by India as part of the unique Kaladan Multimodal Transit Transpor...

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Venezuela’s oil tankers at risk of sinking, fires, spills, report finds

Categories: News Flash

Date: May 05, 2023

More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be imm...

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Shipping lobby group advises caution on climate targets

Categories: News Flash

Date: May 05, 2023

An influential shipping industry group has quietly warned shippers to think carefully before they s...

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Good news for shipowners as VLCC Inter-Atlantic trade remains strong

Categories: News Flash

Date: May 05, 2023

It’s clear that trading patterns for VLCCs have changed significantly over the last 12 months. Eu...

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Baltic index slips on weaker panamax, supramax rates

Categories: News Flash

Date: May 05, 2023

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

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Wärtsilä, DNV partner with Anglo-Eastern on vessel compliance reporting

Categories: News Flash

Date: May 05, 2023

As informed, the companies plan to integrate Wärtsilä’s Fleet Optimisation Solution (FOS) and V...

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Cruise vessel calls at New Mangalore Port

Categories: News Flash

Date: May 05, 2023

The Marshall Island flagged ship had 466 passengers and 399 crew members on board. Sailing from ...

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Trade union protests lack of growth at ICTT

Categories: News Flash

Date: May 05, 2023

The joint body of Cochin Port trade union is going to intensify its stir, demanding the state and U...

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Ships To Be Retrofitted With Carbon Capture And Other Innovative Technologies To Reduce CO2 Emissions And Fuel Consumption

Categories: News Flash

Date: May 05, 2023

A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships...

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Future Maritime Environment May Be More Challenging, Says Navy Chief

Categories: News Flash

Date: May 05, 2023

Indian Navy chief Admiral R Hari Kumar on Thursday said that the future of the maritime environment...

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Iran Seizes Second Oil Tanker In A Week Amidst US Tensions

Categories: News Flash

Date: May 05, 2023

Iran has seized an oil tanker in the waters of the Strait of Hormuz in what is the second such case...

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India and China to contribute half of global growth : IMF

Categories: News Flash

Date: May 04, 2023

India’s economic growth in the current financial year is resilient and, together with the re...

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Liner supply falls as operators reduce average sailing speed by 4% : BIMCO

Categories: News Flash

Date: May 04, 2023

“During the COVID-19 pandemic liner operators increased the average sailing speed by up to 4% due...

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Hapag-Lloyd Annual General Meeting approves all proposed resolutions

Categories: News Flash

Date: May 04, 2023

Hapag-Lloyd AG shareholders approved today with the required majority all items on the age...

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Deepwater drillers see bright outlook in next few years, citing high rig demand, scarce supply

Categories: News Flash

Date: May 04, 2023

Deepwater drillers Transocean and Valaris see a bright outlook for rig assets in global markets ove...

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India’s Urals oil imports dip in April as China ups competition

Categories: News Flash

Date: May 04, 2023

India slightly decreased its Urals oil buying in April compared to record imports in March, while C...