News Flash

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Russian oil exports are still blooming and EU is still reliant on Russia

Categories: News Flash

Date: Oct 01, 2022

Tanker shipping has already seen a big trade shift in the wake of Russia’s invasion of Ukraine. B...

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Drewry: World Container Index Retreated 10% this Week

Categories: News Flash

Date: Oct 01, 2022

Drewry’s composite World Container Index decreased by 10% to $4,014.10 per 40ft container this we...

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IMO update: Sub-committee on carriage of Cargoes and Containers – CCC 8

Categories: News Flash

Date: Oct 01, 2022

The 8th session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC 8) was held fro...

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Russian Clean Product Exports Down 5.1% During 2022

Categories: News Flash

Date: Oct 01, 2022

The product tanker market has enjoyed some positive momentum so far this year, despite the fact tha...

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Port of Bhavnagar will play a big role in building self-reliant India, says PM Modi

Categories: News Flash

Date: Sep 30, 2022

Prime Minister Narendra Modi said the port of Bhavnagar will play a big role in building a self-rel...

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Tensions rise in West Coast port labor battles, with unions and management trading accusations

Categories: News Flash

Date: Sep 30, 2022

Tensions are rising in West Coast port labor battles as unions and port management trade accusation...

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Nordic American Tankers Ltd Announces Sale of Suezmax tanker (2003 built)

Categories: News Flash

Date: Sep 30, 2022

Today we have entered into a sales agreement for a 2003-built suezmax tanker. The price is $21 mill...

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International Maritime Industries Signs Agreement with Bahri Logistics to Expand its Storage and Logistics Services

Categories: News Flash

Date: Sep 30, 2022

International Maritime Industries (IMI), the largest shipyard in the MENA region, has signed a long...

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International Windship Association and Royal Institution of Naval Architects to host Wind Propulsion Conference at IMO Headquarters

Categories: News Flash

Date: Sep 30, 2022

The International Windship Association (IWSA) is asking all industry players with an interest in wi...

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New ICMA Chair is CEO of Sailors’ Society

Categories: News Flash

Date: Sep 30, 2022

Sailors’ Society CEO Sara Baade will become the new Chair of the International Christian Maritime...

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MABUX: Downward Trend to Continue in Bunker Prices

Categories: News Flash

Date: Sep 30, 2022

Over the Week 38, MABUX global bunker indices continued moderate sliding downward. The 380 HSFO ind...

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World Maritime Day Message Must Extend Beyond the Boundaries of Shipping, says INTERCARGO

Categories: News Flash

Date: Sep 30, 2022

Never has the theme of this year’s World Maritime Day – ‘New technologies for greener shippin...

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Xeneta: The Slide Begins, As Long-Term Shipping Rates Fall For First Time Since January

Categories: News Flash

Date: Sep 30, 2022

The latest data from the Xeneta Shipping Index (XSI®) reveals long-term contracted rates fell by 1...

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China Soybean Imports Drop 6.2% y/d, Potential Short-Term Recovery Ahead

Categories: News Flash

Date: Sep 30, 2022

On 26 September, soymeal prices in China surged 8% to CNY 5,500 (USD 739) per tonne compared to Mon...

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The UK P&I Club Supports Seafarers In Crisis

Categories: News Flash

Date: Sep 29, 2022

The UK P&I Club, one of the leading providers of P&I insurance and other services to the in...

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NYK Obtains AiP For Ammonia Bunkering Vessel From Classification Society ClassNK

Categories: News Flash

Date: Sep 29, 2022

On September 27, NYK received approval in principle (AiP) from ClassNK for an ammonia bunkering ves...

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Bureau Veritas Delivered An Approval In Principle To A LNG Dual Fueled And Ammonia Prepared VLCC

Categories: News Flash

Date: Sep 29, 2022

Bureau Veritas (BV), a world leader in testing, inspection and certification, has awarded an Approv...

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China Launches New Generation VLCC With Rigid Wing Sails

Categories: News Flash

Date: Sep 29, 2022

China Classification Society (CCS) is hailing a major milestone after overseeing the delivery and n...

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Major Athens Maritime Meet Makes Global Headlines

Categories: News Flash

Date: Sep 29, 2022

This year’s Annual Convention & Conference of the International Propeller Club of the United ...

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VesselsValue Expands Their Green Data Offering With The Launch Of Carbon Intensity Indicator (CII) And Engine Power Limitation (EPL)

Categories: News Flash

Date: Sep 29, 2022

VesselsValue expands their Green data offering with the launch of Carbon Intensity Indicator (CII) ...

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Wind-Powered Cargo Capacity Surpasses One Million DWT

Categories: News Flash

Date: Sep 29, 2022

The latest installations of wind propulsion technology on large commercial vessels have tipped the ...

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Digitalisation Has A Central Role In Meeting Green Shipping Goals

Categories: News Flash

Date: Sep 29, 2022

Digitalisation is at the helm of shipping’s voyage towards decarbonisation and, on World Maritime...

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Keep Seafarers In Mind When Developing Shipping Technology Says InterManager

Categories: News Flash

Date: Sep 29, 2022

As World Maritime Day embraces the role of technology in helping shipping to achieve its green goal...

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Baltic Index Falls For Third Day As Capesize Rates Slip

Categories: News Flash

Date: Sep 29, 2022

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk ...

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HFW Continues Growth Trajectory In Australia With Hire Of Shipping Partner In Perth

Categories: News Flash

Date: Sep 28, 2022

Global, sector-focused law firm HFW has continued its growth trajectory in Australia with the hire ...

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Explosive Market Demand Boosts China’s LNG Shipbuilding

Categories: News Flash

Date: Sep 28, 2022

Chinese shipbuilders have secured growing orders for producing liquefied natural gas (LNG) vessels ...

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Port Of Felixstowe: Fresh Strikes At UK’s Busiest Container Port

Categories: News Flash

Date: Sep 28, 2022

Workers at the Port of Felixstowe are walking out between 27 September and 5 October after the unio...

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Maritime Industry Leaders Convene To Shape A Sustainable Future

Categories: News Flash

Date: Sep 28, 2022

Top decision-makers, thought leaders, and experts from across the maritime spectrum came together t...

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Isle Of Man Ship Registry Strikes Four Ship Deal With MX Bulk

Categories: News Flash

Date: Sep 28, 2022

The Isle of Man Ship Registry (IOMSR) is expanding its fleet after securing a new deal with fellow ...

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Tankers To Discharge Iranian Crude, Condensate At Venezuela’s Main Port

Categories: News Flash

Date: Sep 28, 2022

Tankers carrying about 1.22 million barrels of Iranian crude and 2 million barrels of condensate ar...

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Changing Crude Flows Are Creating Opportunities In The US Gulf Coast

Categories: News Flash

Date: Sep 28, 2022

In recent months, high levels of Urals, a medium-sour Russian crude oil, have been redirected to As...

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Building A Proactive Approach To Cyber Security

Categories: News Flash

Date: Sep 28, 2022

Shipping’s digital revolution is bringing about a wave of change in the way we do business. With ...