News Flash
CHINA DATA: Crude throughput to dip in March, April amid maintenance
Categories: News Flash
Date: Mar 31, 2023
China’s crude throughput in April is set to fall further from March as both state-owned and small...
Iron ore extends recent climb, margin pressure caps gains
Categories: News Flash
Date: Mar 31, 2023
Dalian iron ore futures were set for a fourth straight session of gains on Thursday, supported by t...
Japan’s dry bulk imports fall 4% amid weak steel demand
Categories: News Flash
Date: Mar 31, 2023
Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to ...
NORDEN enters Capesize segment
Categories: News Flash
Date: Mar 31, 2023
In line with our 2023-2025 strategy to capitalise on the most attractive opportunities in the marke...
Latest IAPH World Ports Tracker: Supply Chain Crunch Over, And Port Investments Proceed In Infrastructure, Energy Transition And Sustainability
Categories: News Flash
Date: Mar 31, 2023
The International Association of Ports and Harbors (IAPH) has just published its latest World Ports...
Spot market steady; more April tenders underway
Categories: News Flash
Date: Mar 31, 2023
Asia’s spot fuel oil market was little changed on Thursday, while more tenders for April were in ...
Thermal coal imports pick up in most Asian buyers as prices moderate
Categories: News Flash
Date: Mar 31, 2023
Cheaper prices and rising energy demand are boosting seaborne imports of thermal coal among most, b...
French Strikes Snarl Ports, Leaving Millions of Barrels of Oil Stranded on Tankers
Categories: News Flash
Date: Mar 31, 2023
Strikes in France have brought the country’s oil refineries close to a halt, driving a backlog of...
Baltic index inches lower on weak supramax demand
Categories: News Flash
Date: Mar 31, 2023
The Baltic Exchange’s dry bulk sea freight index dipped on Thursday as declines in the supramax v...
Contagion risks loom over Adani Transmission and Adani Ports
Categories: News Flash
Date: Mar 30, 2023
Ratings agency Fitch has said that two Adani Group subsidiaries are exposed to heightened contagion...
Online exams to continue following successful pilot project
Categories: News Flash
Date: Mar 30, 2023
A pilot scheme to allow candidates for the Officer of the Watch (OOW) deck unlimited qualification ...
Ship seized by pirates seen 540 miles west from Gulf of Guinea attack point
Categories: News Flash
Date: Mar 30, 2023
A Danish-owned vessel that was boarded by pirates in the Gulf of Guinea on Saturday was spotted abo...
New destinations for Russian products to boost product tanker shipping demand
Categories: News Flash
Date: Mar 30, 2023
The ongoing shift in refined products trade patterns is likely to strengthen the demand for product...
Wartsila sees role for ethanol in fragmented bunker fuel landscape
Categories: News Flash
Date: Mar 30, 2023
Wartsila is seeing a potential role for ethanol in the shipping industry’s multi-fuel future, wit...
Trans-Atlantic container rates still double pre-COVID levels
Categories: News Flash
Date: Mar 30, 2023
Container shipping rates are not back to normal quite yet. Trans-Pacific rates have returned to pre...
Container shipping asked to clean up its act in view of upcoming scrapping wave
Categories: News Flash
Date: Mar 30, 2023
Triggered by overcapacity, lower freight rates and the new carbon regulations expected this year, n...
VLSFO cash premium slides for third straight day
Categories: News Flash
Date: Mar 30, 2023
Asia’s cash premium for very low sulphur fuel oil (VLSFO) fell for a third consecutive session on...
Klaveness Combination Carriers ASA (“KCC”) Environmental Strategy 2023-50: Paving the way for cost-effective decarbonization in shipping
Categories: News Flash
Date: Mar 30, 2023
Our course is set on a 45% reduction in carbon intensity by 2030 compared against 2018, driven larg...
Shipping Corp to use $22.48m insurance money as capital expenditure
Categories: News Flash
Date: Mar 30, 2023
The Bangladesh Shipping Corporation – a state-owned oceangoing vessel management authority – ha...
Electricity generated from Tidal Energy will be supplied to an Off-Grid island for the First Time in South East Asia
Categories: News Flash
Date: Mar 30, 2023
A tidal-energy demonstration off the grid* of Singapore will start generating power for the first t...
Seaspan Announces Completion of Acquisition of Atlas by Poseidon Acquisition Corp.
Categories: News Flash
Date: Mar 30, 2023
Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas" or the "Company"...
Maersk’s APM Terminals to double capacity in Rotterdam port
Categories: News Flash
Date: Mar 29, 2023
APM Terminals, a subsidiary of Danish shipping company Maersk MAERSKb.CO, plans to double its capac...
Standard Chartered Played a lead role in Vista Shipping’s USD89.6 million Loan for The Acquisition of LNG-Dual Fuelled Vessels
Categories: News Flash
Date: Mar 29, 2023
Standard Chartered was appointed to lead a USD89.6 million sustainability-linked loan (SLL) for Vis...
Nor-Shipping partners to fuel progress with dedicated hydrogen conference
Categories: News Flash
Date: Mar 29, 2023
Nor-Shipping is partnering with Ocean Hyway Cluster, Norway’s leading Hydrogen network, and clust...
Norsepower secures €28 million from investors to bring sails back to shipping
Categories: News Flash
Date: Mar 29, 2023
Norsepower Oy Ltd., the leading global provider of mechanical sails for large ships, has successful...
Kongsberg Maritime to provide design, engineering and equipment on three methanol ready, wind-assisted tankers for Tärntank
Categories: News Flash
Date: Mar 29, 2023
Kongsberg Maritime will supply design, engineering, and equipment for three MGO/Biofuel and methano...
ICS publishes new landmark practical medical guide which can deliver a remarkable difference in seafarers’ and fishers’ lives on board vessels
Categories: News Flash
Date: Mar 29, 2023
Given the remote nature of shipping, seafarers know that their life may sometimes depend on at-hand...
Industry bodies unite in producing Guidelines for safe transport of Lithium-ion batteries in containers
Categories: News Flash
Date: Mar 29, 2023
The Lithium-ion Batteries in Containers Guidelines seek to prevent the increasing risks that the tr...
HSFO margins recover to nine-month highs
Categories: News Flash
Date: Mar 29, 2023
Refining margins for high sulphur fuel oil (HSFO) rose to nine-month highs as of Tuesday, supported...
DNV upgrades AFI platform to promote data-sharing and accelerate transition to zero-carbon shipping
Categories: News Flash
Date: Mar 29, 2023
DNV has enhanced its Alternative Fuels Insight (AFI) data platform as part of an effort to accelera...
Baltic index drops to a near 3-week low on lower vessel demand
Categories: News Flash
Date: Mar 29, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
ABS and Texas A&M Grow Global Strategic Relationship with $2.5m Donation to Endow Ocean Engineering Department Chair and Fund New Laboratory for Ocean Innovation
Categories: News Flash
Date: Mar 28, 2023
ABS and Texas A&M University (TAMU) are expanding their unique global strategic relationship wi...