News Flash
$19 billion in trade stranded on water as Canada’s West Coast labor negotiations hit pause
Categories: News Flash
Date: Jul 06, 2023
After a fourth day of negotiations, the British Columbia Maritime Employers Association told CNBC t...
ZeroNorth contributes to Vessel Emissions Reporting Standard released by Energy LEAP to meet existing regulatory requirements
Categories: News Flash
Date: Jul 06, 2023
Technology company ZeroNorth and Energy LEAP, a strategic alliance between energy majors, together ...
Iran’s LPG exports reach record high of 973,060 mt in May
Categories: News Flash
Date: Jul 06, 2023
Iran’s LPG exports loading in May were estimated at around 973,260 mt, about a third above April-...
US June LNG exports fall 10% on maintenance cuts, weaker demand.
Categories: News Flash
Date: Jul 06, 2023
U.S. exports of liquefied natural gas fell 10% in June to 6.82 million tonnes (MT), from 7.58 MT th...
Asia Fuel Oil-HSFO retains strength, tenders underway.
Categories: News Flash
Date: Jul 06, 2023
Asia’s high-sulfur fuel oil (HSFO) market extended gains on Wednesday as stronger bids emerged, e...
Costamare Inc. Appoints New Chief Commercial Officer Monaco
Categories: News Flash
Date: Jul 06, 2023
Costamare Inc. has appointed Peter Lund as Chief Commercial Officer. He is expected to take up his ...
We can maximize the use of Chabahar Port after Iran’s SCO membership: PM Modi
Categories: News Flash
Date: Jul 06, 2023
Prime Minister Narendra Modi Tuesday said the members of the Shanghai Cooperation Organization can ...
From Los Angeles to Shanghai, the port cities are collaborating to cut shipping emissions.
Categories: News Flash
Date: Jul 06, 2023
Shipping is responsible for 3% of global greenhouse gas emissions, far less than road transport. Bu...
The baltic index falls to 1-month low on waning vessel demand
Categories: News Flash
Date: Jul 06, 2023
The Baltic Exchange’s main sea freight index.BADI fell to its lowest in one month on Wednesday as...
Seafarers’ welfare organizations come together to address abuse, bullying, and harassment at sea.
Categories: News Flash
Date: Jul 05, 2023
A coalition of UK-based organizations concerned about seafarers’ welfare has come together to add...
Russia sees no grounds to renew grain deal – foreign ministry.
Categories: News Flash
Date: Jul 05, 2023
Russia sees no basis for renewing the Black Sea grain deal, the Russian foreign ministry said on Tu...
AI-based project to optimize vessel performance forecasting concludes testing.
Categories: News Flash
Date: Jul 05, 2023
Maritime technology company Yara Marine Technologies, Artificial Intelligence (AI) application deve...
The joint research team from Korea and Germany seeks to enhance the production efficiency of fuel cells with laser machining technology.
Categories: News Flash
Date: Jul 05, 2023
Fuel cells used for vessels and airplanes are becoming increasingly lighter to improve efficiency, ...
NYK joins GCMD as the first Japan-headquartered strategic partner to accelerate shipping’s decarbonization.
Categories: News Flash
Date: Jul 05, 2023
The Global Centre for Maritime Decarbonization (GCMD) and Nippon Yusen Kabushiki Kaisha (NYK) annou...
Treaty to continue toxic business-as-usual on the beaches of South Asia while undermining efforts for reform
Categories: News Flash
Date: Jul 05, 2023
The International Maritime Organisation’s (IMO) Hong Kong International Convention for the Safe a...
Global shipping poised to get new emissions-fighting Strategy
Categories: News Flash
Date: Jul 05, 2023
Humanity is in dangerous waters on climate,” UN Secretary-General António Guterres said in a vid...
Okeanis Eco Tankers Corp. – $113 Million Term Loan Facility
Categories: News Flash
Date: Jul 05, 2023
Okeanis Eco Tankers Corp. announced the closing of a new $113 million senior secured cred...
Brazil’s oil output up 1.9% in May, the regulator says
Categories: News Flash
Date: Jul 05, 2023
Brazil’s oil production rose 1.9% in May from the previous month to 3.2 million barrels of oil pe...
Baltic index hits multi-week low on retreat for larger vessels
Categories: News Flash
Date: Jul 05, 2023
The Baltic Exchange’s main sea freight index on Tuesday fell to its lowest level in nearly four w...
Panama Canal commemorates seventh anniversary of the Neopanamax Locks
Categories: News Flash
Date: Jul 04, 2023
On June 26, 2016, thousands of people observed the beginning of a new era for the country with the ...
Shipping faces showdown over greenhouse gases
Categories: News Flash
Date: Jul 04, 2023
The shipping industry is under growing pressure to dramatically curb planet-warming emissions from ...
Alma Clean Power announces breakthrough in direct ammonia fuel cells
Categories: News Flash
Date: Jul 04, 2023
Alma Clean Power successfully tests world’s first 6 kW direct ammonia fuel cell system. The accom...
Energy security back on the menu for Asian importers after Russia unrest
Categories: News Flash
Date: Jul 04, 2023
The attempted military coup in Russia has resurfaced energy security concerns among Asian oil and g...
Russia to cut oil exports by 500,000 bpd in August, oil rises
Categories: News Flash
Date: Jul 04, 2023
Russia will cut oil exports by 500,000 barrels per day (bpd) in August, President Vladimir Putin’...
Iron ore slumps as China production cuts spark fears of demand drop
Categories: News Flash
Date: Jul 04, 2023
Dalian and Singapore iron ore futures slipped on Monday as traders became cautious of faltering dem...
South Korea’s NOFI buys corn in tender for up to 138,000 metric tons
Categories: News Flash
Date: Jul 04, 2023
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has bought animal feed corn from o...
Johor Port Partners With Mohr To Elevate Tvet
Categories: News Flash
Date: Jul 04, 2023
Johor Port Berhad (Johor Port), a member of MMC Group, recently signed a three-year Memoranda of Co...
Singapore’s MPA sees first ammonia bunkering from 2026, methanol pilot to pave way
Categories: News Flash
Date: Jul 04, 2023
The Maritime and Port Authority of Singapore expects ammonia bunkering to take place in its waters ...
Waning vessel demand drags Baltic index lower
Categories: News Flash
Date: Jul 04, 2023
The Baltic Exchange’s main sea freight index recorded its lowest level in two weeks on Monday as ...
Handling of cargo samples
Categories: News Flash
Date: Jul 03, 2023
Cargo samples hold significant importance in protecting tanker ship owners against potential cargo ...
Maersk hosts Equal At Sea 2023: Charting a course towards an inclusive future
Categories: News Flash
Date: Jul 03, 2023
A.P. Moller – Maersk (Maersk), a global integrator of logistics, held the second edition of Equal...
S. Korea: Union protests hasty hiring of unskilled foreign shipbuilding workers
Categories: News Flash
Date: Jul 03, 2023
Labor unions of Korea’s shipbuilders criticized the government and their employers, for trying to...