News Flash
Baltic index falls to over 1-month low on weakness across vessels
Categories: News Flash
Date: Oct 27, 2022
The Baltic Exchange’s dry bulk sea freight index (.BADI), which tracks prices for ships carrying ...
Pantheon Tankers Management “Sea Onyx” and “Sea Sapphire” delivered with DNV class
Categories: News Flash
Date: Oct 27, 2022
Two new suezmax tankers, ‘Sea Onyx’ and ‘Sea Sapphire’, were recently delivered to Pantheon...
Lack of Tonnage Keeps Hampering the Ship Recycling Market
Categories: News Flash
Date: Oct 27, 2022
The ship recycling market is “hungry” for more vintage tonnage, which is rather scarce at prese...
Global maritime SAR community honoured as IMRF reveals winners of annual awards
Categories: News Flash
Date: Oct 25, 2022
The International Maritime Rescue Federation (IMRF) has announced the winners of this year’s IMRF...
Euronav contracts two new Suezmax vessels for 2024 delivery
Categories: News Flash
Date: Oct 25, 2022
Euronav NV announces that it has entered into an agreement with Daehan Shipbuilding Co. Ltd. for tw...
MOL Signs ‘Women’s Empowerment Principles (WEPs)’
Categories: News Flash
Date: Oct 25, 2022
Mitsui O.S.K. Lines, Ltd. yesterday announced its endorsement of the Women’s Empowerment Principl...
Samskip confirms 90% cut in ship CO2 emissions
Categories: News Flash
Date: Oct 25, 2022
New agreement with GoodFuels consolidates position of biofuels as key component in Samskip’s stra...
NYK to Participate in Joint Study to Convert Organic Materials Processed aboard Oceangoing Vessels into Fuel
Categories: News Flash
Date: Oct 25, 2022
Astomos Energy Corporation (Astomos Energy), Sustainable Energy Development Co. Ltd. (Sustainable E...
Women seafarers experience onboard gender-based discrimination, harassment and bullying – a shocking maritime report reveals
Categories: News Flash
Date: Oct 25, 2022
An in-depth survey in the maritime industry revealed shocking figures in gender-based discriminatio...
Baltic index falls to 3-week low on weakness across vessel segments
Categories: News Flash
Date: Oct 25, 2022
The Baltic Exchange’s dry bulk sea freight index (.BADI) dropped to its lowest since early Octobe...
South Africa’s Coal Export to the EU up 582.7% During 2022
Categories: News Flash
Date: Oct 25, 2022
As the world scrambles to secure energy supplies, coal trade has started to grow again, with countr...
For port team chief, dreams of automation come true
Categories: News Flash
Date: Oct 25, 2022
These days, on the automated terminal at the Qingdao Port, run by Shandong Port Group, all containe...
Seadrill Limited announces sale of shareholding in Paratus Energy Services Limited
Categories: News Flash
Date: Oct 22, 2022
Seadrill Limited announces that it has entered into binding Share Purchase Agreements (“SPAs”) ...
Offshore wind JIP lays ground for jack-up installation standards as industry expands
Categories: News Flash
Date: Oct 22, 2022
Offshore wind turbine installation is today only done in very benign weather conditions due to the ...
Maersk North America leader emphasizes need for supply chain resiliency, technology and decarbonization
Categories: News Flash
Date: Oct 22, 2022
Speaking at the 48th Annual South Carolina International Trade Conference on the “Customer Strate...
Global supply chain woes have seen ‘huge improvement,’ Flexport founder says
Categories: News Flash
Date: Oct 22, 2022
Global supply chain woes have eased ahead of the holiday season, according to Flexport founder and ...
Container xChange Survey: 60% of Freight Forwarders and NVOCCs Struggle to Monitor Movement of Shipping Containers
Categories: News Flash
Date: Oct 22, 2022
On the lines of the launch of Container Control, a revolutionary, first-of-its-kind technology plat...
Baltic index posts second weekly fall on capesize weakness
Categories: News Flash
Date: Oct 22, 2022
The Baltic Exchange’s dry bulk sea freight index (.BADI) posted a second straight weekly fall, we...
LR Award NACKS AiP for Ammonia Fueled 16k TEU Container Ship Design
Categories: News Flash
Date: Oct 21, 2022
Lloyd’s Register has awarded Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) Approval in Pri...
MOL Concludes Charter Agreement for LNG Carrier with TotalEnergies
Categories: News Flash
Date: Oct 21, 2022
Mitsui O.S.K. Lines, Ltd. announced that it has signed a multi-year contract to charter a newbuild ...
Transport & Environment: Gas used to power European shipping could exceed that of 7 mn homes
Categories: News Flash
Date: Oct 21, 2022
In 2030 Europe’s shipping industry will need over 6.3 million metric tonnes of LNG to power its g...
MIAL Appointed to the Strategic Fleet Taskforce
Categories: News Flash
Date: Oct 21, 2022
The CEO of the Maritime Industry Australia Ltd (MIAL), Angela Gillham, has today been confirmed as ...
Russian coal exports fall 7.0% as EU sanctions bite, tonne miles up
Categories: News Flash
Date: Oct 21, 2022
As a part of European Union sanctions against Russia, the block banned coal imports from Russia sta...
Baltic index slips on lower capesize rates
Categories: News Flash
Date: Oct 21, 2022
The Baltic Exchange’s dry bulk sea freight index (.BADI) fell for the second straight session on ...
CMA D. ARGOUDELIS & CO S.A. Acquired 2 New ISO Certificates from the EUROCERT
Categories: News Flash
Date: Oct 21, 2022
Auditing and certification as per ISO 22301:2019 & 27001:2013 was carried out by EUROCERT Quali...
LNG Tanker Market the “Star” of 2022
Categories: News Flash
Date: Oct 21, 2022
What was the container shipping segment in 2021, proves to be the case for the LNG tanker market th...
Indian Register of Shipping expands footprint in South-East Asia with RO authorisation from Philippines maritime flag administration
Categories: News Flash
Date: Oct 19, 2022
Leading classification society, the Indian Register of Shipping (IRS), has signed a Recognised Orga...
Major UAE Organisations to Participate in WUWM Abu Dhabi 2022
Categories: News Flash
Date: Oct 19, 2022
Organisations from across the nation are set to participate in the World Union of Wholesale Markets...
Wärtsilä continues to speed energy transition with biogas upgrading and liquefaction solution for a new bioLNG plant for Sweden
Categories: News Flash
Date: Oct 19, 2022
The technology group Wärtsilä will supply a biogas upgrading and liquefaction solution for a new ...
Methanol Engines Continue Rise with Major Order
Categories: News Flash
Date: Oct 19, 2022
Hyundai’s shipbuilding division (HHI-SBD) has ordered 6 × MAN B&W G95ME-C10.5-LGIM dual-fuel...
NYK Presents Its Efforts for the Introduction of Ammonia as Marine Fuel at Two International Conferences
Categories: News Flash
Date: Oct 19, 2022
NYK recently participated in two conferences held as part of Tokyo GX Week* to talk about the possi...
DHL: Ocean freight rate moving towards manageable levels
Categories: News Flash
Date: Oct 19, 2022
The DHL Ocean Freight Market Update report is now available. Below are highlights of the latest dev...