News Flash

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Alexandroupolis FSRU project kicks off with conversion works at Keppel shipyard

Categories: News Flash

Date: Mar 02, 2023

The work to develop Greece’s first Floating Storage Regasification Unit (FSRU) commenced recently...

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India intensifies oil supply talks with US ahead of further Russian sanction moves

Categories: News Flash

Date: Mar 02, 2023

India has intensified discussions with the US to ensure its oil supply strategy does not encounter ...

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Panama And The Philippines Strengthen Relations At The 2023 Philippines Maritime Expo

Categories: News Flash

Date: Mar 02, 2023

The Republic of Panama, through the Panama Maritime Authority (AMP), participated in the “Philipp...

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Coastal container feeder service flagged off between Chennai, Pondicherry ports

Categories: News Flash

Date: Feb 28, 2023

Coastal shipping service between the Chennai and Pondicherry Ports began on Monday with container f...

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Critical port connectivity projects to get Rs 1 lakh Cr Gati Shakti push

Categories: News Flash

Date: Feb 28, 2023

The Centre has earmarked over ₹1 lakh crore for 100 critical port connectivity projects under the...

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Govt bans 25-year-old oil tankers, bulk carriers, and other ships from Indian waters

Categories: News Flash

Date: Feb 28, 2023

The government has decided to ban 25- year-old oil tankers, bulk carriers, and general cargo vessel...

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Adani Ports cross 300 million tonnes Cargo volumes to beat its own milestone

Categories: News Flash

Date: Feb 28, 2023

Adani Ports and Special Economic Zone, a part of the diversified Adani Group, crossed 300 million t...

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Offshore Wind’s Carbon-Cutting Ambition Imperiled by Ship Shortage

Categories: News Flash

Date: Feb 28, 2023

A shortage of the big boats capable of installing wind turbine foundations on the ocean floor threa...

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Engine Room Fire on ‘Algoma Discovery’ in Winter Lay-Up

Categories: News Flash

Date: Feb 28, 2023

A fire was reported Monday morning just after 9:00 a.m. EST aboard the wintering Algoma Discov...

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Shell to provide LNG for Hapag-Lloyd’s 23,500+ TEU newbuilds

Categories: News Flash

Date: Feb 28, 2023

German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natura...

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War on the Black Sea Enters its Second Year

Categories: News Flash

Date: Feb 28, 2023

When Russia invaded Ukraine early on February 24, 2022, many predicted a short conflict. Russia d...

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Chevron Announces Lower Carbon LNG Fleet Modification Project With Sembcorp Marine

Categories: News Flash

Date: Feb 28, 2023

Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC, announced ent...

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A Bangladeshi Vessel Sinks In The Hooghly River

Categories: News Flash

Date: Feb 28, 2023

A part of a Bangladesh-bound general cargo vessel loaded with fly ash reportedly collided with one ...

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US West Coast ports, dockworkers continue negotiations; Asia-US container rates steady to lower

Categories: News Flash

Date: Feb 27, 2023

West Coast dockworkers and ports are continuing to negotiate on a new contract, Asia-US rates for s...

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Black Sea agriculture trade tilts in Russia’s favor after one year of war in Ukraine

Categories: News Flash

Date: Feb 27, 2023

Russia’s share of trade in the international agriculture markets has risen one year after it inva...

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Dry Bulk Market: Capesize Market Finds Its Footing, as Demand Increases

Categories: News Flash

Date: Feb 27, 2023

Capesize Results from Rio Tinto and BHP disappointed this week, but there was hope that with Chi...

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Cargo ship grounded by storm, Philippines

Categories: News Flash

Date: Feb 27, 2023

Cargo ship MANFEL CARRIER V was pushed aground by rough weather in the morning Feb 25, after her en...

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Adani Total to start operations at Indian LNG terminal by mid-June

Categories: News Flash

Date: Feb 27, 2023

Adani Total Private Ltd will receive its first liquefied natural gas (LNG) cargo at the Dhamra term...

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Migrant shipwreck in Italy kills at least 59, including 12 children

Categories: News Flash

Date: Feb 27, 2023

At least 59 people died, including 12 children, when a wooden sailing boat carrying migrants to Eur...

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Ports of Halifax and Hamburg sign agreement to develop “Open Innovation Platform”

Categories: News Flash

Date: Feb 27, 2023

The two port authorities of Hamburg and Halifax have officially inked a memorandum of understa...

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Insurers count the cost of ships snagged in Ukraine crisis

Categories: News Flash

Date: Feb 27, 2023

Insurers are facing half a billion dollars in claims for up to 60 commercial ships still stuck in U...

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Largest wind-assisted shortsea roro returns to service

Categories: News Flash

Date: Feb 27, 2023

Luxembourg-headquartered CLdN is bringing back its roro Delphine into service following a...

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Canada tightens ballast water regulations

Categories: News Flash

Date: Feb 27, 2023

Canada’s Minister of Transport Omar Alghabra last week announced funding of C$12.5m ($9.2m) to la...

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Shipping Industry Urges UN to Help Free Seafarers Trapped in Ukraine

Categories: News Flash

Date: Feb 25, 2023

The maritime industry is urging the United Nations to help free hundreds of seafarers and dozens of...

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Hong Kong To Become An International Maritime Centre With $2.5 Million Budget

Categories: News Flash

Date: Feb 25, 2023

On Wednesday, February 22, Paul Chan, the Hong Kong Financial Secretary, revealed that the country ...

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MCA approves demerger of core and non-core assets of Shipping Corp

Categories: News Flash

Date: Feb 25, 2023

The Ministry of Corporate Affairs (MCA) on Thursday issued an official order approving the proposed...

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General cargo ship broke in two, sank, 11 crew missing, Russia

Categories: News Flash

Date: Feb 23, 2023

General cargo ship SEAMARK loaded with some 3,000 tons of marble chips broke in two and either si...

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Possible Fake ITCO Membership Invoices: Be very careful

Categories: News Flash

Date: Feb 23, 2023

This is Kate from ITCO. Please read this email carefully, as it contains important information. ...

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Shreyas Shipping signs MoU to acquire one container vessel

Categories: News Flash

Date: Feb 23, 2023

The leading player in the container feeder operations segment posted a 24.48 percent decline in its...

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LR and Icebreaker One announce a research programme to drive investment in net-zero shipping

Categories: News Flash

Date: Feb 23, 2023

Lloyd’s Register (LR) has announced a new research project with Icebreaker One, an independent, n...

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“K” LINE Conducts Trial Use of Marine Biofuel on Capesize Bulker to Help Decarbonize the Shipping Industry

Categories: News Flash

Date: Feb 23, 2023

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that we have conducted the trial ...

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Ukraine’s dry bulk exports have plunged 77.8% during one year of war

Categories: News Flash

Date: Feb 23, 2023

“On Friday 24 February, one year has passed since Russia’s invasion of Ukraine. During that yea...