News Flash

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Climate Change Could Bring Back Wind As The Future Power Source For Ocean Cargo Ships

Categories: News Flash

Date: Aug 29, 2022

International trade is still heavily reliant on oceangoing vessels and the noxious bunker fuel that...

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Frédéric Denèfle Named As Candidate For IUMI Presidency

Categories: News Flash

Date: Aug 29, 2022

Frédéric Denèfle, Managing Director of French marine war risks specialist GAREX, has been announ...

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Generations Y And Z Urge The Maritime Industry To Make Human Sustainability A Strategic Priority

Categories: News Flash

Date: Aug 29, 2022

The call for change is clear from the 188 young leaders from 27 different countries, who participat...

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Crude Tankers: Russian Invasion Sets The Tone But China’s Behavior Has The Last Say

Categories: News Flash

Date: Aug 29, 2022

Russian-Ukranian conflict managed to shift the crude tanker trade patterns, however Chinese purchas...

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Shearwater GeoServices Awarded Central North Sea 3D Survey By NSNR

Categories: News Flash

Date: Aug 29, 2022

Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a 3D surve...

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Inflation Hedge Or Not, Bitcoin’s True Value Is Separation Of Money And State

Categories: News Flash

Date: Aug 29, 2022

For the first week in a while, the non-crypto world was louder than the crypto world. Everyone i...

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From East To West, Dockers Unions’ Unite Behind ILWU In US Pacific Negotiations

Categories: News Flash

Date: Aug 27, 2022

Union leaders from the US East Coast, Canada and international transport worker federations have jo...

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India Examining Need To Curb 100% Broken Rice Exports

Categories: News Flash

Date: Aug 27, 2022

India, the world’s biggest exporter of rice, is examining whether there is a need to restrict exp...

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Container Lines Brace For Slowdown As Shipping Rates Fall Down Suddenly

Categories: News Flash

Date: Aug 27, 2022

As container shipping lines enjoy what’s left of their most profitable stretch on record, the whe...

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Indian Govt Looks Forward To Standardize Security Across All Ports

Categories: News Flash

Date: Aug 27, 2022

The Ministry of Home Affairs is looking to standarise security at all ports across the country, irr...

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Peel Ports’ Heysham In Race To Become UK’s First 100% Carbon Neutral Port

Categories: News Flash

Date: Aug 27, 2022

The Port of Heysham, part of leading port operator Peel Ports Group, has reduced the carbon emissio...

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Stellium And Voyager Portal Announce Partnership

Categories: News Flash

Date: Aug 27, 2022

Stellium and Voyager Portal have announced a first of its kind partnership to bring a fully integra...

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“K” LINE Conducts Trial Use Of Marine Biofuel For Decarbonization On Supramax Bulker

Categories: News Flash

Date: Aug 27, 2022

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that we have conducted a trial us...

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Global Equity Funds See Large Outflows On Slowdown Worries

Categories: News Flash

Date: Aug 27, 2022

Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to...

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Baltic Index Slides Sharply As Capesizes Hit Two-Year Trough

Categories: News Flash

Date: Aug 27, 2022

The Baltic Exchange’s main sea freight index registered its worst fall in three months on Thursda...

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Dockworker Strikes At Northern European Ports Add To Supply Chain Disruption

Categories: News Flash

Date: Aug 27, 2022

European supply chains are set for further disruption as transport unions step up industrial action...

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MoPSW To Recast Mormugao Port Monetisation Tender To Attract More Bids

Categories: News Flash

Date: Aug 26, 2022

The Shipping, Ports and Waterways Ministry is likely to restructure the Rs 842 crore tender for mon...

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Relief As Rhine Water Rises In Germany, But Expected To Drop Again

Categories: News Flash

Date: Aug 26, 2022

Water levels on the river Rhine in Germany have risen after recent rain but are expected to fall ag...

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Soaring Global LNG Prices Push India’s Regasification Plan Off Track

Categories: News Flash

Date: Aug 26, 2022

Lofty global LNG prices and limited supplies threaten to derail India’s regasification capacity p...

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Russian Oil Imports To The UK Dry Up For First Time On Record: Official Data

Categories: News Flash

Date: Aug 26, 2022

Lofty global LNG prices and limited supplies threaten to derail India’s regasification capacity p...

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Felixstowe Port Strike Might Be Extended Until Year End, Supply Chain Disruption Continues

Categories: News Flash

Date: Aug 26, 2022

Workers at the Port of Felixstowe, who have launched an ongoing strike over wages from 21 Augu...

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China’s July Crude Oil Imports Hit 4-Year Low And Drops 9.2% y/y

Categories: News Flash

Date: Aug 26, 2022

China is the world’s largest importer of crude oil, accounting for approximately 25% of global cr...

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Ukraine Economy Could Grow By 15.5% In 2023 After Deep Fall – Minister

Categories: News Flash

Date: Aug 26, 2022

Ukraine’s economy should stabilise over the coming year and expand by as much as 15.5% in 2023, d...

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Svitzer’s ‘Aim For 8’ Tug Speed Initiative Saves 1000 Tonnes Of CO2

Categories: News Flash

Date: Aug 26, 2022

Svitzer, leading global towage operator and part of A.P. Moller-Maersk, has today announced that it...

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As Shipping Companies Brace For New Emissions Rules, Bearing Launches AI Product To Predict And Manage Impact

Categories: News Flash

Date: Aug 26, 2022

New environmental regulations are poised to reshape the economics of maritime shipping. Bearing is ...

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Oil Product Stocks Drop To 8-Week Low As Demand Picks Up

Categories: News Flash

Date: Aug 26, 2022

Oil product stockpiles at the UAE’s Port of Fujairah fell to an eight-week low led by a 14% decli...

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Crisis-Stricken Sri Lanka Bans Import Of 300 Consumer Goods Items

Categories: News Flash

Date: Aug 25, 2022

The cash-strapped Sri Lankan government has slapped a ban on the import of 300 consumer items like ...

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Panama Canal Alerts Ships To Go Slow To Protect Marine Life

Categories: News Flash

Date: Aug 25, 2022

THE Panama Canal authority has initiated seasonal traffic lanes and speed limits, which it hopes wi...

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Oil Prices Rebound On Renewed Supply Worries

Categories: News Flash

Date: Aug 25, 2022

The energy sector is pointing to a higher start, backed by strength in the crude complex and major ...

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Tropical Storm Ma-On Headed For Southeastern China

Categories: News Flash

Date: Aug 25, 2022

Tropical Storm Ma-on was gaining strength as it headed for Hong Kong and other parts of southeaster...

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Renewable Energy Lifting Ops Covered In IMCA Guidance

Categories: News Flash

Date: Aug 25, 2022

The International Marine Contractors Association’s (IMCA’s) ‘Guidelines for lifting operation...

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P&O Maritime Logistics Expands Its Cargo Transport Service With New Contract For Containerised Cargo Transport Across The Red Sea

Categories: News Flash

Date: Aug 25, 2022

P&O Maritime Logistics will help debottleneck customer supply chains by ensuring there is a fas...