News Flash
West Coast port union, employers reach tentative agreement
Categories: News Flash
Date: Apr 21, 2023
The International Longshore and Warehouse Union (ILWU) said on Thursday it had reached a tentative ...
Russian vessels ‘mapping Nordic subsea energy assets’
Categories: News Flash
Date: Apr 21, 2023
Russian spy ships have been mapping offshore wind farms, gas pipelines, electricity interconnectors...
Geopolitical tensions and ‘friendshoring’ may redefine global trade patterns, warns Xeneta
Categories: News Flash
Date: Apr 21, 2023
Mounting geopolitical tensions, shifting alliances and changes in the flow of foreign investment th...
Post Panamax Container values soften on MSC’s new purchase
Categories: News Flash
Date: Apr 21, 2023
Post Panamax values have softened as a result of MSCs recent purchase of the Lisbon (6,078 TEU, May...
Baltic index logs best day in over 5 weeks on growing vessel demand
Categories: News Flash
Date: Apr 21, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
More Investment Dripping Through in the Newbuilding and S&P Markets
Categories: News Flash
Date: Apr 21, 2023
Activity was rather increased this past week, both in the newbuilding, as well as the S&P marke...
India and Russia plan big on transport corridors — Mundra to Saint Petersburg, Chennai to Vladivostok
Categories: News Flash
Date: Apr 21, 2023
FESCO, one of the largest private transport and logistics companies in Russia, has announced that i...
India won’t overtake China in economy even if it becomes world’s most populous nation
Categories: News Flash
Date: Apr 21, 2023
India has made headlines recently as the UN estimated that it may overtake China as the world’s m...
Goa’s logistics industry pushes for infra-update of Mormugao Port
Categories: News Flash
Date: Apr 21, 2023
The logistics industry of Goa has urged the Mormugao Ports Authority (MPA) to update its infrastruc...
HMM to Test Shipboard Carbon Capture on Containership
Categories: News Flash
Date: Apr 21, 2023
South Korean shipping company HMM has announced plans to conduct field tests of a shipboard carbon ...
Russia accuses Ukraine of sabotaging grain deal with bribery scheme
Categories: News Flash
Date: Apr 20, 2023
Russia on Wednesday accused Ukraine of sabotaging the Black Sea grain deal by demanding bribes from...
IMO 2020 Implementation : Low Sulphur Go Green Recovery (LGGR) For May 2023
Categories: News Flash
Date: Apr 20, 2023
The International Maritime Organization (IMO) will implement a new sulphur cap for marine fuel oil ...
DNV launches real-time emissions data verification solution for trusted collaboration across maritime value chain
Categories: News Flash
Date: Apr 20, 2023
DNV has launched Emissions Connect, an emissions data verification engine and data management platf...
Black Sea grain deal elusive despite resumption of ship inspections
Categories: News Flash
Date: Apr 20, 2023
Inspections of ships carrying Ukrainian grain from the Black Sea resumed on Wednesday under a U.N.-...
Container oversupply risk looms over China with empty containers at ports
Categories: News Flash
Date: Apr 20, 2023
Asia’s maritime and supply chain industry is on a tumultuous ride, experiencing significant disru...
Baltic index edges up on panamax, supramax gains
Categories: News Flash
Date: Apr 20, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Palm finishes lower as heavy crude losses weigh
Categories: News Flash
Date: Apr 20, 2023
Malaysian palm oil futures finished lower on Wednesday, as a sharp drop in crude prices weighed on ...
India, Russia talk free trade deal in step-up of relations
Categories: News Flash
Date: Apr 20, 2023
India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Mo...
TK Ramachandran is the New Dredging Corporation Chairman
Categories: News Flash
Date: Apr 20, 2023
Dredging Corporation of India (DCI) has appointed TK Ramachandran Chairman of VOC Port Tuticorin as...
Sea Surface Temperatures Worldwide Reach An All-Time High Breaking All Records
Categories: News Flash
Date: Apr 20, 2023
This April, sea surface temperatures (SSTs) around the world are at their highest levels ever. Nota...
Container terminal operator margin pressure to ease
Categories: News Flash
Date: Apr 19, 2023
Container terminal operator earnings have declined as slowing trade and escalating costs have broug...
Port of Antwerp-Bruges throughput hit by macroeconomics, war
Categories: News Flash
Date: Apr 19, 2023
First quarter throughput at the Port of Antwerp-Bruges dropped by4.5% on-year, reflecting changing ...
Container spot rates on a ‘likely recovery path’: HSBC
Categories: News Flash
Date: Apr 19, 2023
In its Global Freight Monitor HSBC noted with surprise that the Shanghai Containerized Freight Inde...
Nippon Express in talks to buy Logistics firm Cargo-Partner
Categories: News Flash
Date: Apr 19, 2023
Nippon Express Holdings Inc. is in talks to buy Austrian logisticsprovider Cargo-Partner GmbH, peop...
PIL : Successful delivery of ISO tank containers from Nansha to Port Kuching
Categories: News Flash
Date: Apr 19, 2023
Testament to its operational efficiencies and capabilities, PIL hassuccessfully delivered a special...
Argentina Port Strikes Halt Grains Shipments, More Protests Planned
Categories: News Flash
Date: Apr 19, 2023
The grains inspectors of Argentina kick-started a 24-hour strike on Monday to demand bonus payments...
Chevron and the Angelicoussis Group Announce Ammonia Carrier Joint Study Agreement
Categories: News Flash
Date: Apr 19, 2023
Chevron Corporation, through its subsidiary Chevron Shipping Company LLC, and the Angelicoussis Gro...
PCT S.A. welcomes in the port of Piraeus, one of the largest container ships in the world
Categories: News Flash
Date: Apr 19, 2023
On April 17th, 2023, Piraeus welcomed OOCL SPAIN on its maiden voyage – one of the largest contai...
Russian Oil Trade Remains Robust, But For How Long?
Categories: News Flash
Date: Apr 19, 2023
Russia’s ability to maintain oil production levels, while also finding new export markets has bee...
Pacific Basin: "Improving Sentiment in the Supramax and Handysize Dry Bulk Market During First quarter 2023"
Categories: News Flash
Date: Apr 19, 2023
Following dry bulk market weakness at the start of the year, expanding economic activity in China h...
Cochin Port Authority puts in place new fresh water supply arrangements for ships
Categories: News Flash
Date: Apr 18, 2023
The Cochin Port Authority (CPA) has put in place arrangements for fresh water supply to ships with ...
ClassNK Issues AIP For Ammonia Fuelled Gas Carrier
Categories: News Flash
Date: Apr 18, 2023
ClassNK has issued an Approval in Principle (AiP) for an ammonia fuelled gas carrier which has been...