News Flash
Hempel joins IMO public-private partnership to help prevent biofouling on ships’ hulls
Categories: News Flash
Date: Mar 10, 2023
Hempel joins the International Maritime Organization (IMO’s) Global Industry Alliance (GIA) for M...
“Coexistence is essential” as DNV report shows demand for ocean space will grow 5-fold by 2050
Categories: News Flash
Date: Mar 10, 2023
The collaboration between ocean industries will need to intensify for the rapid buildout of offshor...
NYK and FueLNG Achieve First LNG Bunkering of PCTC in Singapore
Categories: News Flash
Date: Mar 10, 2023
Nippon Yusen Kabushiki Kaisha (NYK), a leading Japanese shipping company, and FueLNG, a joint ventu...
FBX Index Fell 12% During February, Lowest Since August 2020
Categories: News Flash
Date: Mar 10, 2023
The Freightos Baltic Global index fell 12% to $1,946/FEU in February to a level last seen in August...
Record soybean harvest predicted despite Brazilian export decline of 31%
Categories: News Flash
Date: Mar 10, 2023
“Brazil’s soybean harvest is behind schedule due to heavy rain with exports down 31% y/y in the...
Baltic index climbs to 11-week high, led by capesizes
Categories: News Flash
Date: Mar 10, 2023
The Baltic Exchange’s main sea freight index rose to an 11-week high on Thursday as rates across ...
Tankers: Russian Oil Is Replacing Iranian Oil’s Imports from China
Categories: News Flash
Date: Mar 10, 2023
China’s imports of Russian oil have been steadily growing, replacing Iranian crudes. In its lates...
MOL and VALE agree to install Two Norsepower Rotor SailsTM to an in-service Capesize Bulk Carrier
Categories: News Flash
Date: Mar 09, 2023
Mitsui O.S.K. Lines, Ltd. and Vale International SA have announced a partnership to retrofit a 200,...
Wärtsilä to deliver its first CCS-Ready scrubber systems
Categories: News Flash
Date: Mar 09, 2023
Wärtsilä receives first CCS-Ready scrubber order, further propelling maritime decarbonisation. ...
Shipowners urged to enhance data transparency for better IMO rules
Categories: News Flash
Date: Mar 09, 2023
Shipowners need to provide more operational data so that the International Maritime Organization ca...
The Seafarers’ Charity calls for increased support for the safety and welfare of women seafarers
Categories: News Flash
Date: Mar 09, 2023
Anew research report released on International Women’s Day shines a spotlight on the welfare need...
IMO Sub-Committee on Ships Systems and Equipment (SSE 9)
Categories: News Flash
Date: Mar 09, 2023
The 9th session of the IMO’s Sub-Committee on Ship Systems and Equipment (SSE 9) was held from 27...
Capesize, panamax gains propel Baltic index to 14th straight rise
Categories: News Flash
Date: Mar 09, 2023
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk comm...
Performance Shipping Inc. Signs Shipbuilding Contract For The Purchase Of A Newbuild LNG Ready Tier III LR2 Product/ Crude Oil Tanker With Scrubber
Categories: News Flash
Date: Mar 09, 2023
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessel...
Bright future seen ahead for Sino-Greek shipping cooperation
Categories: News Flash
Date: Mar 09, 2023
A bright future lies ahead for Sino-Greek cooperation in shipping, Chinese and Greek speakers told ...
AP Moller-Maersk integrates Africa, West and Central Asia into Indian subcontinent region
Categories: News Flash
Date: Mar 09, 2023
Logistics and shipping services company, AP Moller-Maersk (Maersk), has announced the integration o...
China’s Fuzhou Port sees first export of Europe-bound NEVs
Categories: News Flash
Date: Mar 09, 2023
A total of 2,011 vehicles on board a roll-on-roll-off ship left Jiangyin terminal in east China’s...
Anglo-Eastern enhances fleet performance using Wärtsilä’s integrated CII tool
Categories: News Flash
Date: Mar 08, 2023
The technology group Wärtsilä has delivered the CII Dashboard within its Fleet Optimisation Solut...
Shipping companies are investing more into crews’ health and nutrition, says leading catering management provider MCTC as company expands and moves offices
Categories: News Flash
Date: Mar 08, 2023
The wellbeing of crew members is becoming more important to shipping companies says leading caterin...
VLSFO rebounds following one-month downtrend
Categories: News Flash
Date: Mar 08, 2023
The spot 0.5% very low sulphur fuel oil (VLSFO) market in Asia rebounded on Tuesday after trending ...
AWOS launched for women seafarers
Categories: News Flash
Date: Mar 08, 2023
Hong-Kong headquartered and world’s leading ship management company, and also a major employer of...
The Republic Of Panama Signs Important Agreements With The Republic Of Antigua And Barbuda
Categories: News Flash
Date: Mar 08, 2023
The Republic of Panama represented by the Panama Maritime Authority (AMP) signed significant Memora...
The Bahamas is once again amongst the first members of the IMO Council to present its annual IMO member state assessment payment
Categories: News Flash
Date: Mar 08, 2023
On 27 February The Bahamas continued its long-held tradition of making its annual member state asse...
Baltic index extends gains on stronger capesize demand
Categories: News Flash
Date: Mar 08, 2023
The Baltic Exchange’s main sea freight index extended gains to a 13th straight session on Tuesday...
Container shipping market yet to bottom as spot rates keep slipping
Categories: News Flash
Date: Mar 08, 2023
Xeneta CEO Patrik Berglund said in late November that if spot rates had not stabilized and started ...
To secure maritime supply chains, India to boost domestic shipbuilding industry
Categories: News Flash
Date: Mar 08, 2023
The Indian government is implementing a programme that will increase the government’s support for...
Indian Register of Shipping (IRS) selects Dassault Systèmes to drive digital transformation and boost efficiency
Categories: News Flash
Date: Mar 08, 2023
Leading international ship classification society Indian Register of Shipping (IRS), has enter...
SeaLead Launches New Australia to Indian Subcontinent Service New Service Offers Faster Transit and Increased Capacity For Shippers
Categories: News Flash
Date: Mar 06, 2023
SeaLead Shipping is pleased to announce the launch of a new Australia to India Subcontinent (ASIA) ...
Iran, Venezuela launch direct shipping line
Categories: News Flash
Date: Mar 06, 2023
Iran and Venezuela have launched a direct shipping route to enhance trade ties amid U.S. sanctions,...
Seatrade Maritime collaborates with DSAA to reinforce the development of Dubai’s shipping industry
Categories: News Flash
Date: Mar 06, 2023
Seatrade Maritime and the Dubai Shipping Agents Association (DSAA) have signed a Memorandum of Unde...
The rise of crude tanker ‘cannibals’ in wake of Russia-Ukraine war
Categories: News Flash
Date: Mar 06, 2023
The Ukraine-Russia war has rerouted crude tanker flows over the past year, equating to higher profi...
India’s GAIL looks to import ethane via VLECs
Categories: News Flash
Date: Mar 06, 2023
GAIL, India’s primary gas pipeline operator, is seeking to revolutionise its petchem facilities b...