News Flash
Baltic index jumps to over 3-week high on higher vessel rates
Categories: News Flash
Date: Feb 23, 2023
The Baltic Exchange’s main sea freight index jumped to the highest in more than three weeks on We...
Newbuilding Orders Pick Up
Categories: News Flash
Date: Feb 23, 2023
The newbuilding market has picked up the pace during the past week, while a significant number of d...
Government to amend law for mandating foreign ship owners pay provident fund to Indian seafarers
Categories: News Flash
Date: Feb 23, 2023
Foreign ship owners will have to pay provident fund, gratuity and pension to the Indian crew they h...
Back India, Seychelles sign pact on information sharing in maritime security
Categories: News Flash
Date: Feb 23, 2023
In order to further the existing cooperation in the realm of maritime safety and security, IFC-IOR ...
Bangladesh to start pipeline gasoil imports from India in March, says BPC chairman
Categories: News Flash
Date: Feb 23, 2023
Bangladesh is set to import 0.005% sulfur gasoil from India via the maiden oil pipeline connecting ...
BSM partners with ISWAN to provide company-wide Maritime Mental Health Awareness training to crew
Categories: News Flash
Date: Feb 22, 2023
The International Seafarers’ Welfare and Assistance Network (ISWAN) will deliver its Maritime Men...
Albania Seizes Liberia-Registered Ship Carrying Suspected Russian Oil
Categories: News Flash
Date: Feb 22, 2023
Albanian police in the coastal town of Durres on Monday along with other law enforcement agencies b...
Hai Long Offshore Wind Signed Transport and Installation Contract for Cables with Seaway7
Categories: News Flash
Date: Feb 22, 2023
Hai Long Offshore Wind Project is pleased to announce that it has signed the contract for the trans...
Dutch intelligence warns of Russian sabotage against its key maritime, energy facilities
Categories: News Flash
Date: Feb 22, 2023
Russia is looking to target vital Dutch maritime and energy infrastructure in the North Sea, the co...
Isle of Man Ship Registry strikes new deal with Singapore ship owner
Categories: News Flash
Date: Feb 22, 2023
The Isle of Man Ship Registry (IOMSR) is growing its fleet and extending its relationship with Sing...
Squire Patton Boggs partner with The Baltic Exchange and launch Vessel Sale & Purchase Transaction Closing
Categories: News Flash
Date: Feb 22, 2023
Squire Patton Boggs (SPB) has partnered with The Baltic Exchange to provide a vessel sale & pur...
Parties Obtain World’s First AiP for Ammonia Floating Storage and Regasification Barge
Categories: News Flash
Date: Feb 22, 2023
NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI) (hereinafter “the parties”)...
ZeroNorth acquires bunker supplier software provider BTS, propelling digitalisation and decarbonisation of the marine fuel industry
Categories: News Flash
Date: Feb 22, 2023
Technology company ZeroNorth has today announced that it has acquired BTS PTE Ltd., a software plat...
GCMD-led consortium successfully completes trialling two supply chains of sustainable biofuels
Categories: News Flash
Date: Feb 22, 2023
The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed trialling two supp...
P&O Ferries To Strengthen Key Trade Link Between Belgium And The UK With New Sailings
Categories: News Flash
Date: Feb 22, 2023
P&O FERRIES is joining forces with Finnlines to boost the flow of trade between Belgium and the...
Cyprus and UK sign MoU to increase cooperation in shipping
Categories: News Flash
Date: Feb 22, 2023
The Cyprus Shipping Deputy Ministry (SDM) and the Department for Transport of the United Kingdom of...
The 2021 surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation
Categories: News Flash
Date: Feb 22, 2023
It bears remembering that, as recently as the second half of 2021, the Federal Reserve considered t...
Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Asterix I’
Categories: News Flash
Date: Feb 22, 2023
Capital Product Partners L.P., an international owner of ocean going vessels, today announced the s...
Navios Maritime Partners L.P. Reports 2022 Net Income of $579.2 Million
Categories: News Flash
Date: Feb 22, 2023
Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels,...
Global Sustainability Standards Chief Expects Strong Take Up Of Climate Rules
Categories: News Flash
Date: Feb 21, 2023
The head of a global standard setter for corporate sustainability disclosures said he expected more...
Vopak Agencies now a Wilhelmsen company
Categories: News Flash
Date: Feb 21, 2023
Wilhelmsen Port Services has completed its acquisition of Vopak Agencies which was first announced ...
Sri Lanka to spend 132 mln USD on port development projects
Categories: News Flash
Date: Feb 21, 2023
Sri Lankan Minister of Ports, Shipping and Aviation Nimal Siripala de Silva has said the government...
Seacoast Shipping gains on signing contract with Dubai firm
Categories: News Flash
Date: Feb 21, 2023
Seacoast Shipping Services surged 4.40% to Rs 3.56 after the company signed contract with Dubai’s...
Joint investment in methanol conversion kits for diesel engines paves the way for fossil-free shipping
Categories: News Flash
Date: Feb 21, 2023
Marine design and engine developer ScandiNAOS AB, Chalmers University of Technology and the Swedish...
Spot 180-cst HSFO flips into premium
Categories: News Flash
Date: Feb 21, 2023
The spot cash differential for 180-cst high sulphur fuel oil (HSFO) flipped into a premium on Monda...
DNV: IMO Sub-Committee On Human Element, Training And Watchkeeping (HTW 9)
Categories: News Flash
Date: Feb 21, 2023
The 9th session of the IMO’s Sub-Committee on Human Element, Training and Watchkeeping (HTW 9) wa...
Renewable methanol drives maritime industry decarbonization: institute CEO
Categories: News Flash
Date: Feb 21, 2023
Renewable methanol is seen as a viable fuel option in accelerating the decarbonization of maritime ...
Baltic index logs best day in 2 months
Categories: News Flash
Date: Feb 21, 2023
The Baltic Exchange’s main sea freight index, logged its best day in nearly two months on Monday ...
Adani Ports halts non-group loans, to cut debt instead
Categories: News Flash
Date: Feb 20, 2023
Adani Ports and Special Economic Zone Ltd will discontinue lending money to non-group companies aft...
Empty containers pile up at global ports as trade slows
Categories: News Flash
Date: Feb 20, 2023
Empty containers are piling up at major ports around the world as slowing economies weigh on shippi...
COSCO Shipping expects to report net loss with ‘significant deterioration’ in profit for FY2022
Categories: News Flash
Date: Feb 20, 2023
COSCO Shipping International F83 0.55% is expecting to report a net loss in the FY2022 ended Decemb...
Kpler deepens maritime focus with ship tracking company acquisitions
Categories: News Flash
Date: Feb 20, 2023
Brussels-headquartered data and analytics group Kpler has bolstered its presence in the maritime sp...