News Flash
India: Exports rise marginally to $32 bn in Nov; trade deficit lowest in 7 months
Categories: News Flash
Date: Dec 19, 2022
India’s merchandise exports grew just 0.59 per cent year-on-year in November at $31.99 billion, a...
Carriers look to be on back foot for eastbound Pacific contract negotiations as market weakens
Categories: News Flash
Date: Dec 19, 2022
Next year’s containerized freight contracts for the eastbound trans-Pacific lane are likely to se...
Oil Tanker Day Rates To Be Supported By The EU’s Ban On Russian Crude
Categories: News Flash
Date: Dec 19, 2022
Over the past 12 months, global container shipping rates have steadily declined to their long-term ...
Decarbonization in the grain shipping sector is not all about increased costs
Categories: News Flash
Date: Dec 19, 2022
Climate change and its deadly consequences from drought, rising sea levels, and the increased frequ...
IMO to bring carbon intensity rules online despite ongoing CII controversies
Categories: News Flash
Date: Dec 19, 2022
The International Maritime Organization, UN’s global regulatory body for shipping, will soon intr...
Dry Bulk Market: Capesizes Surge Forward
Categories: News Flash
Date: Dec 19, 2022
Capesize The Capesize sector saw a surge, especially in the Atlantic since midweek. More cargo f...
247 Greek-Owned Shipping Companies And Their 1,976 Vessels Honored For Rescuing Ships In Distress
Categories: News Flash
Date: Dec 19, 2022
Hundreds of Greek shipping companies were recognized for their participation at the AMVER program l...
Tankers To Stay the Course During 2023
Categories: News Flash
Date: Dec 19, 2022
The tanker market is expected to stay firm during 2023, with both demand and supply fundamentals ex...
IMO MEPC 79: promising development towards effective global climate regulations for shipping
Categories: News Flash
Date: Dec 17, 2022
In its first in-person session in three years, the IMO Marine Environment Protection Committee 79 (...
Ever-lengthening list of ‘unprecedented crises’
Categories: News Flash
Date: Dec 17, 2022
2022 was supposed to be the year of post-pandemic and post-lockdown re-openings, but – as ING’s...
Baltic index logs best week in 12 on capesize demand
Categories: News Flash
Date: Dec 17, 2022
The Baltic Exchange’s dry bulk sea freight index rose on Friday and posted its biggest weekly per...
IMO: As Momentum Builds, NGOs Call for Concrete Proposals To Reduce Black Carbon Impact on Arctic
Categories: News Flash
Date: Dec 17, 2022
As a meeting of the International Maritime Organization’s Marine Environment Protection Committee...
MEPC 79: Belgium and Namibia join forces in green hydrogen production to hasten shipping Decarbonisation
Categories: News Flash
Date: Dec 17, 2022
On behalf both countries, the Ambassador of Belgium, Bruno van der Pluijm and the High Commissioner...
iTerminals Project Tests Standard Digital Language For Container Terminals In Real Operations
Categories: News Flash
Date: Dec 17, 2022
On 13 December, the European consortium of the iTerminals4.0 project, an initiative led by Fundaci...
Sanction-Busting Russia’s Vessels Consistently Going Under The Radar
Categories: News Flash
Date: Dec 17, 2022
Wherever sanctions on smugglers, trade, and Western restrictions on Russia are no exception, smuggl...
ECB to start offloading bond holdings in March
Categories: News Flash
Date: Dec 17, 2022
The European Central Bank said it would start reducing its 5 trillion euros’ ($5.3 trillion) wort...
New international medical app available for all seafarers
Categories: News Flash
Date: Dec 17, 2022
Τhe Mariners Medico Guide is a unique app, designed and tailored for seafarers. It provides step-b...
Seafarers detained in Egypt for carrying prohibited items
Categories: News Flash
Date: Dec 17, 2022
Our local correspondent in Egypt reports an increase in cases where seafarers have been detained fo...
Cold comfort for carriers, as resilient reefer spot rates finally fall
Categories: News Flash
Date: Dec 16, 2022
One of the most steady performers in the ocean freight spot market has finally begun to follow the ...
Reduced Ice, Increased Shipping Noise Impacts Arctic Marine Life
Categories: News Flash
Date: Dec 16, 2022
The newly released Arctic Report Card 2022 received from the National Oceanic and Atmospheric Admin...
Ukraine grain deal unlikely to include new ports in near term – UN aid chief
Categories: News Flash
Date: Dec 16, 2022
United Nations aid chief Martin Griffiths said on Thursday it was unlikely the Black Sea grain deal...
Ctg port set to fall out of ‘three-million-club’
Categories: News Flash
Date: Dec 16, 2022
The country’s premier port Chattogram is set to miss the 30 lakh twenty-foot equivalent unit cont...
Iran not to let any ship exit Persian Gulf if Hormuz closure occurs
Categories: News Flash
Date: Dec 16, 2022
Commander of the Islamic Revolution Guards Corps (IRGC) Navy Rear Admiral Ali Reza Tangsiri warned ...
Export customs process change
Categories: News Flash
Date: Dec 16, 2022
We have been notified by Baltic Hub (previous name: DCT) terminal at Gdansk about change of export ...
A.P. Moller – Maersk and SunGas Renewables sign strategic green methanol partnership
Categories: News Flash
Date: Dec 16, 2022
As part of its strategy to decarbonize customers’ supply chains, A.P. Moller – Maersk (Maersk) ...
Ship emissions can be cut by 97.5%, by switching to foiling electric vessels, says Swedish study
Categories: News Flash
Date: Dec 16, 2022
A study from The Royal Institute of Technology in Stockholm says emissions from ships could be redu...
Baltic index logs best day in nearly 3 months on capesize strength
Categories: News Flash
Date: Dec 16, 2022
The Baltic Exchange’s dry bulk sea freight index rose on Thursday to mark its biggest one-day per...
“If China Sneezes, Shipping Will Catch a Cold”: A Saying More Timely Than Ever
Categories: News Flash
Date: Dec 16, 2022
With China’s economy slowdown and the COVID-related measures in flux, shipping and more important...
New report calls on South Korea to accelerate shipping decarbonization
Categories: News Flash
Date: Dec 15, 2022
Solutions for Our Climate and Pacific Environment released a new report that provides an achievable...
ICS says shipping will overcome challenges and thrive in 2023
Categories: News Flash
Date: Dec 15, 2022
The shipping industry can overcome geopolitical challenges and thrive, said the Institute of Charte...
Maersk: accelerating the transition from fossil fuel follower to green industry leader
Categories: News Flash
Date: Dec 15, 2022
Sustainability underpins A.P. Møller-Maersk’s pledge to be the responsible logistics partner of ...
Tanker rates for refined petroleum products reach multiyear highs during 2022
Categories: News Flash
Date: Dec 15, 2022
Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined pet...