News Flash
MOL and Mitsui Acquire AiP for Large Ammonia-powered Bulk Carrier
Categories: News Flash
Date: Jan 30, 2023
Mitsui O.S.K. Lines, Ltd. and Mitsui & Co., Ltd. announced that they have received Approval in ...
Dry Bulk Market: Capesizes Down More Than 50% in the Space of 10 Days
Categories: News Flash
Date: Jan 30, 2023
Capesize The Capesize timecharter average (5TC) lost more than 50% of its value since the middle...
Surging European ton-mile demand fails to lift inbound Panamax coal freight
Categories: News Flash
Date: Jan 30, 2023
Vessel oversupply in the Atlantic Basin has pushed Panamax freight rates to multiyear lows in Janua...
AG&P speeding Philippines, India LNG terminals development
Categories: News Flash
Date: Jan 30, 2023
Global LNG logistics company Atlantic Gulf & Pacific International Holdings hopes to start oper...
Upstart Indian Shipper Helps Get Russian Oil to Market
Categories: News Flash
Date: Jan 30, 2023
Russia has managed to keep its oil moving to world markets, defying fears that sanctions imposed la...
Indian Shipping Ministry launches marine logistics portal to smoothen sea trade
Categories: News Flash
Date: Jan 30, 2023
The Ministry of Ports, Shipping and Waterways on Friday launched the national logistics portal–ma...
Greece approves construction of FSRU off Athens
Categories: News Flash
Date: Jan 28, 2023
Greece has approved the construction of a floating gas and regasification unit (FSRU) off Athens af...
NYK to Build Its Fifth LPG Dual-Fuel Very Large LPG / Ammonia Carrier
Categories: News Flash
Date: Jan 28, 2023
NYK is delighted to announce the order of its fifth liquefied petroleum gas (LPG) dual-fuel very la...
MOL is the First Japanese Company to Join First Movers Coalition’s Shipping Sector- Toward the Decarbonization of the Ocean Shipping Industry
Categories: News Flash
Date: Jan 28, 2023
Mitsui O.S.K. Lines, Ltd. announced that it joined the Shipping Sector of the First Movers Coalitio...
Progress on Shipping’s Underwater Noise Impact Welcomed, but IMO Falls Short of Immediate Action
Categories: News Flash
Date: Jan 28, 2023
The Clean Arctic Alliance today welcomed progress made this week by the International Maritime Orga...
VLSFO crack logs weekly gains of over 25%
Categories: News Flash
Date: Jan 28, 2023
Asia’s refining cracks for very low sulphur fuel oil (VLSFO) posted weekly gains of more than 25%...
Dry Bulk Market Rebound Expected on Pro-Growth China Policies and Increased Grain Exports
Categories: News Flash
Date: Jan 28, 2023
Taylor Maritime Investments Limited, the specialist dry bulk shipping company, announced that as at...
Baltic index records fourth consecutive weekly drop on capesize dip
Categories: News Flash
Date: Jan 28, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
“Shipping Digest”: Ships Over 25 Year Old Banned From Indian Waters, Two Tier Market in the Tanker Segment
Categories: News Flash
Date: Jan 28, 2023
Shipping is always full of developments and this past week is no different. In its latest weekly re...
India is a true bright spot in the midst of a global downturn, top execs and policymakers say
Categories: News Flash
Date: Jan 28, 2023
With 2023′s World Economic Forum in Davos dominated by discussions of economic growth, or a lack ...
Indian shipping line, PLI for container manufacturing key budget demands of exporters
Categories: News Flash
Date: Jan 28, 2023
Exporters have pitched for an Indian shipping line of global size and said the Budget FY24 would do...
ITF and ETF held a Union Solidarity Fund session in Ukraine
Categories: News Flash
Date: Jan 27, 2023
International partners are the voice of truth abroad. The world should not forget that the war has ...
Ice class Tankers are the talk of the town
Categories: News Flash
Date: Jan 27, 2023
The number of ice class Aframax Tanker transactions that took place in 2022 increased by 140% year ...
Baltic index hits fresh multi-year lows on capesize dip
Categories: News Flash
Date: Jan 27, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Shipbuilding Ordering Activity Picked Up Last Week
Categories: News Flash
Date: Jan 27, 2023
The Chinese New Year celebrations, currently underway, meant more orders were contracted during the...
Dry Bulk Market Under Pressure in Early 2023
Categories: News Flash
Date: Jan 27, 2023
The dry bulk market has faced increasing headwinds in these early weeks of 2023. In its latest week...
The NI launches a navigational survey into shipping traffic in the Straits of Malacca and Singapore
Categories: News Flash
Date: Jan 27, 2023
As one of the most important strategic maritime passages in the world, linking the Indian and Pacif...
Budget may infuse ₹50k-cr in PLIs to cut supply shocks
Categories: News Flash
Date: Jan 27, 2023
The government may infuse a corpus of about ₹50,000 crore to the existing ₹1.97 lakh crore pr...
India to release 3 mil mt wheat from government stocks to rein in prices
Categories: News Flash
Date: Jan 27, 2023
The Food Corporation of India (FCI) will offload 3 million mt wheat from government inventories to ...
Fujairah bunkering restarts as UAE port open despite more rain forecast
Categories: News Flash
Date: Jan 27, 2023
Bunkering for ships calling at the UAE’s Port of Fujairah has resumed and the port is open despit...
Masters have more control over emission reductions through the ZeroNorth Platform onboard vessels
Categories: News Flash
Date: Jan 27, 2023
Technology company ZeroNorth has today announced that the ZeroNorth Platform is now available to ma...
Donation of Protective Equipment for Pasig River Cleaners in the Philippines
Categories: News Flash
Date: Jan 25, 2023
“K” Line Maritime Academy Philippines (KLMA), a primary training center for seafarers of Kawasa...
Weekly Ukrainian seaborne grain flows recover, participants cautious
Categories: News Flash
Date: Jan 25, 2023
Seaborne Ukrainian grain flows through the Black Sea jumped during the week Jan. 16-22, with volume...
Alfa Laval introduces the marine industry’s first biofuel-ready separators
Categories: News Flash
Date: Jan 25, 2023
Biofuels are a current and accessible fuel option that can help marine customers decarbonize. Yet w...
Europe’s shipping sector needs certainty to plan for renewables transition
Categories: News Flash
Date: Jan 25, 2023
Leading companies from across Europe’s fuel production chain have joined with NGOs to press the E...
Baltic index hits fresh 2-1/2-year low as larger vessel rates slip
Categories: News Flash
Date: Jan 25, 2023
The Baltic Exchange’s main sea freight index extended losses to a sixth straight session on Tuesd...
Indian Ministry Of Ports And Shipping Inaugurates And Lays Foundation Stones Of Projects Worth Rs. 270 Crore
Categories: News Flash
Date: Jan 25, 2023
Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal inaugurated and laid found...