News Flash
Ship Owners “Stock Up” on More Second Hand Vessels
Categories: News Flash
Date: Oct 12, 2022
Ship owners’ “appetite” for more second hand vessels continued unabated during the past week....
India’s Adani in talks with investors to raise $10 billion
Categories: News Flash
Date: Oct 11, 2022
Indian billionaire Gautam Adani and his family are in early discussions with investors, including S...
Iran’s Revolutionary Guards maritime forces seize foreign ‘fuel-smuggling ship’ in Gulf, says state media
Categories: News Flash
Date: Oct 11, 2022
Iranian naval forces on Saturday seized a foreign ship for allegedly smuggling fuel in the Gulf. Th...
ShipMoney and V.Group form strategic partnership to digitalise crew and corporate payments
Categories: News Flash
Date: Oct 11, 2022
ShipMoney has announced a new long-term strategic partnership with V. Group to digitalize its seafa...
On ‘World Mental Health Day’ Hanseaticsoft calls for shipping companies to help break the stigma of mental health
Categories: News Flash
Date: Oct 11, 2022
Following World Mental Health Day (10th October) Alexander Buchmann, Managing Director at Hanseatic...
Project Zero wins funding in Clean Maritime Demonstration Competition Round 2
Categories: News Flash
Date: Oct 11, 2022
A research and development project to demonstrate the technical and economic feasibility of achievi...
Mediterranean markets face ‘potential feeder containership shortage’
Categories: News Flash
Date: Oct 11, 2022
Dedicated newbuild contracting by regional Mediterranean owners will have to increase in the coming...
Tidal wave of new container ships: 2023-24 deliveries to break record
Categories: News Flash
Date: Oct 11, 2022
Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they...
Asia freight rates seen firmer in Q4 despite OPEC+ output cut
Categories: News Flash
Date: Oct 11, 2022
Dirty and clean tanker freight rates are expected to be firm in the October-December quarter amid h...
Worldwide industrial price pressures rise as higher energy costs and strong dollar offset impact of cooling supply chains
Categories: News Flash
Date: Oct 11, 2022
The global manufacturing PMI survey found average input costs rising at an increased rate for the f...
Indian exporters keeping fingers crossed as recession clouds loom over EU
Categories: News Flash
Date: Oct 11, 2022
Exporters are keeping their fingers crossed due to “visible” recessionary trends in the Europea...
New shipping service connects Gulf-India
Categories: News Flash
Date: Oct 11, 2022
A circular service connecting Hamad Port with India, Gulf–India Express 2 (GIX2), has started ope...
Suez Canal revenues hit $2.1bn in Q3, highest quarter in history: Egypt Cabinet
Categories: News Flash
Date: Oct 11, 2022
Suez Canal revenues increased in the third quarter of this year by 23.5 percent year-on-year to hit...
Paperless Electronic Trading Systems: Update to TradeLens Terms and Conditions
Categories: News Flash
Date: Oct 11, 2022
Version dated 24 February 2021 – Previously Approved The International Group had previously appro...
Privatization of HMM depends on market, industry situations: ocean minister
Categories: News Flash
Date: Oct 11, 2022
The possible privatization of HMM Co. will depend on the stock market and situations in the shippin...
China’s cargo rates fall to ‘reasonable level,’ buoying export business
Categories: News Flash
Date: Oct 11, 2022
Sea freight rates in China have returned to a reasonable level after reaching record highs last yea...
New analysis of shipping emissions reveals that air pollution has a larger effect on climate than previously thought
Categories: News Flash
Date: Oct 11, 2022
Human aerosol emissions have a cooling effect on the planet, because they can make clouds brighter ...
Asia-US container rates continue to fall, nearing pre-pandemic levels as imports slow
Categories: News Flash
Date: Oct 11, 2022
Rates for shipping containers from east Asia and China to the US continued to fall this week and ar...
Tankers: VLCC Market Lower This Week
Categories: News Flash
Date: Oct 11, 2022
Clean In the Middle East Gulf this week most LR runs have seen more declines from inactivity. TC...
Shipping industry flays crew change ban during monsoon at Paradip Port
Categories: News Flash
Date: Oct 11, 2022
The shipping industry is up in arms over restrictions placed by Paradip Port Authority on crew ch...
Indian transit container gets stuck at Chattogram port for 24 days
Categories: News Flash
Date: Oct 11, 2022
An Indian transit container, carrying eight tonnes of tea, has got stuck at Chattogram port for the...
New interim Chief Executive of Maritime and Coastguard Agency announced
Categories: News Flash
Date: Oct 11, 2022
Damien Oliver has been appointed as the interim Chief Executive of the Maritime and Coastguard Agen...
US Ports and Terminals Sustain Increased Cybersecurity Attacks
Categories: News Flash
Date: Oct 11, 2022
Jones Walker LLP, this week, publicly released the findings of its 2022 Ports and Terminals Cyberse...
A delegation from Cavotec, a company specialising in clean technologies, visits the Port of Valencia
Categories: News Flash
Date: Oct 11, 2022
A delegation from Cavotec, a leading company in the application of clean technologies applicable to...
CMA CGM to launch MOROCCO SHUTTLE, a new Butterfly service linking Morocco, France & Spain
Categories: News Flash
Date: Oct 11, 2022
As there are always BETTER WAYS to address a market, CMA CGM – Short Sea Lines Division is please...
MOL Finances Second Ship through Transition Linked Loans- ESG Financing for Bulk Carrier SHOFU MARU, Featuring Wind Challenger Sail System
Categories: News Flash
Date: Oct 11, 2022
Mitsui O.S.K. Lines, Ltd. announced that it signed a deal for financing, through a transition linke...
Cyprus Shipping Deputy Ministry Establishes New Maritime Entity To Simplify Operations For Shipowners
Categories: News Flash
Date: Oct 11, 2022
The Cyprus Shipping Deputy Ministry (SDM) has enacted the “Shipping Limited Liability Company (S....
NEDO Demonstration Project: Demonstration Test Ship for Liquefied CO2 Transportation has broken ground
Categories: News Flash
Date: Oct 11, 2022
A groundbreaking ceremony for the hull of the demonstration test ship for liquefied CO2 transportat...
Current Geopolitical tensions To Shape the Tanker Market for Years to Come
Categories: News Flash
Date: Oct 11, 2022
The tanker market is about to enter a new era of increased volatility to go hand-in-hand with the c...
Indian Register of Shipping (IRS) awarded noise & amp; vibration measurement and analysis work by Colombo Dockyard PLC
Categories: News Flash
Date: Oct 11, 2022
Indian Register of Shipping (IRS) has been providing services towards noise and vibration measureme...
Drewry: World Container Index Down 8% This Week
Categories: News Flash
Date: Oct 11, 2022
Drewry’s composite World Container Index decreased by 8% to $3,688.75 per 40ft container this wee...
Greece: 21 dead, dozens missing, after two migrant ships sink
Categories: News Flash
Date: Oct 11, 2022
Bodies floated amid splintered wreckage in the wind-tossed waters off a Greek island Thursday as th...