News Flash
Mission To Seafarers And Deutsche Seemannsmission Agree Partnership Deal To Support Seafarer Welfare In Panama
Categories: News Flash
Date: Mar 28, 2023
Leading maritime welfare organisations The Mission to Seafarers and Deutsche Seemannsmission have l...
DNV awards first D-INF(S) type approvals to COSCO and SHI for standardized data infrastructure systems
Categories: News Flash
Date: Mar 28, 2023
COSCO and SHI have received the world’s first D-INF(S) type approvals from DNV for their data col...
Wallenius Wilhelmsen: Electric vehicles pose a new threat to safety on the high seas
Categories: News Flash
Date: Mar 28, 2023
Shipping companies are facing an added concern with the increasing demand for electric vehicles. Fi...
Container freight rates expected to stay low as demand could remain subdued until Q3
Categories: News Flash
Date: Mar 28, 2023
Ocean freight rates are expected to remain subdued until the peak demand season later this year whe...
Shipping industry can save $50 bn through four enablers of operational efficiency
Categories: News Flash
Date: Mar 28, 2023
Anew insight brief series from the Global Maritime Forum identifies four actions that maritime and ...
Baltic index falls on lower vessel demand
Categories: News Flash
Date: Mar 28, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
MSC Adds Another Ultra Large Container Vessel to Its Fleet
Categories: News Flash
Date: Mar 28, 2023
MSC's fleet has welcomed the ultra-large boxship "CELESTINO MARESCA," which was delivered to the Ba...
Norwegian cargo ship struck tug and pier at Harlingen
Categories: News Flash
Date: Mar 28, 2023
General cargo ship HAGLAND CARRIER struck docked tug PETER (IMO 9842762) while berthing at Harlin...
Busan partners with marine science council to build world’s first prototype floating community
Categories: News Flash
Date: Mar 28, 2023
A marine science council will join a United Nations project to build the world’s first prototype ...
FTC criticized for delaying approval for Hanwha’s acquisition of DSME
Categories: News Flash
Date: Mar 27, 2023
Korea’s antitrust regulator has emerged as an unexpected obstacle to Hanwha Group’s acquisition...
Amazon, other retailers revamp ‘free’ shipping as costs soar
Categories: News Flash
Date: Mar 27, 2023
There is no such thing as free shipping. Even so, Amazon.com Inc AMZN.O and other online retaile...
Europe’s Ports Welcome The Agreement On FuelEU Maritime To Reduce Emissions From Shipping During Navigation And At Berth
Categories: News Flash
Date: Mar 27, 2023
The European Sea Ports Organisation (ESPO) is pleased to see that a preliminary agreement has been ...
BW LPG Chooses Closelink As New Procurement Platform
Categories: News Flash
Date: Mar 27, 2023
Closelink is excited to announce that BW LPG has joined its marine lubricants procurement platform ...
Freight Rebound Hopes Are Fading Under an Inventory Glut
Categories: News Flash
Date: Mar 27, 2023
Freight companies are dialing back expectations that demand will recover strongly in the second hal...
Latest intersessional IMO meeting provides important clues on what might be agreed in the revised GHG strategy in July 2023
Categories: News Flash
Date: Mar 27, 2023
Much of the specifics remain up in the air as IMO’s ISWG-GHG 14 meeting outcome leaves open a bro...
Dry Bulk Market: Capesize Market Down This Week
Categories: News Flash
Date: Mar 27, 2023
Capesize The Capesize market declined early in the week without much support from either of the ...
Supporting ballast water management in the Mediterranean Sea
Categories: News Flash
Date: Mar 27, 2023
Promoting the development of coordinated action throughout the Mediterranean Sea region to prevent ...
More bio-, hydrogen-based marine fuels required for net-zero emissions
Categories: News Flash
Date: Mar 27, 2023
The shipping industry will need to significantly increase its uptake of bio- and hydrogen-based mar...
New, updated version released of “Prevention of Pest Contamination of Containers: Joint Industry Guidelines for the Cleaning of Containers”
Categories: News Flash
Date: Mar 27, 2023
Every year, 241 million containers are transported across the seas with over 7 trillion dollars’ ...
Cash premiums steady on thin trade, inventories rise across key hubs
Categories: News Flash
Date: Mar 25, 2023
Asia’s fuel oil cash premiums were little changed on Friday amid thin trading momentum, while ons...
Maersk signs MOU with Shanghai International Port Group on green methanol bunkering
Categories: News Flash
Date: Mar 25, 2023
A.P. Moller-Maersk (Maersk) announced today that the company has signed a Memorandum of Understandi...
IMM shortlists 5 overseas firms in sale of Korea’s No. 1 LNG shipping company
Categories: News Flash
Date: Mar 25, 2023
IMM Private Equity Inc. and IMM Investment Corp. shortlisted five overseas companies in its bid to ...
ICS Disappointed With Lack of Progress in Latest IMO Meeting on Reduction of GHG Emissions From Ships
Categories: News Flash
Date: Mar 25, 2023
The International Chamber of Shipping’s reaction on the latest IMO meeting was one of disappointm...
Baltic index marks first weekly fall in five
Categories: News Flash
Date: Mar 25, 2023
The Baltic Exchange’s main sea freight index edged higher on Friday on stronger demand in the lar...
2030 And 2040 Climate Action Shipping Hangs In The Balance At The UN, Following A Week Of Talks
Categories: News Flash
Date: Mar 25, 2023
Countries must keep the pressure on the UN to commit to reducing emissions from global shipping bef...
Bearish container shipping demand hits container prices and leasing rates across Europe
Categories: News Flash
Date: Mar 25, 2023
Excess containers stranded across Europe are causing congestion bottlenecks and space shortages at ...
India: Manned Submersible For 6000 Meter Deep Ocean Mission Will Be Ready By 2026
Categories: News Flash
Date: Mar 25, 2023
The Earth Sciences and Science and Technology minister of India, Dr. Jitendra Singh mentioned that ...
Various Initiatives And Projects Undertaken Under Sagarmala Programme To Facilitate Shifting Of Cargo From Conventional Land-Based Transportation To Coastal Shipping Mode
Categories: News Flash
Date: Mar 25, 2023
Under Sagarmala Programme, various initiatives and projects have been undertaken to facilitate shif...
Bulk carrier detained, drug search under way
Categories: News Flash
Date: Mar 25, 2023
Bulk carrier FRIENDLY ISLANDS was berthed at Maceio, Brazil, in the morning Mar 24, to undergo a ...
Teekay Corporation Completes $30 Million Share Repurchase Program and Announces New Share Repurchase Program
Categories: News Flash
Date: Mar 24, 2023
Teekay Corporation (Teekay or the Company) (NYSE:TK) today announced that the Company has completed...
Standard Chartered signs agreement to provide digital solutions to shipping industry
Categories: News Flash
Date: Mar 24, 2023
Standard Chartered Bangladesh and Mediterranean Shipping Company Bangladesh Ltd (MSC) have recently...
Six Companies Team up to Build, Operate Japan’s 1st Methanol-fueled Coastal Tanker
Categories: News Flash
Date: Mar 24, 2023
Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., ...