News Flash
Delivery Of First Aframax Petroleum Tanker And Immediate Commencement Of Pool Employment
Categories: News Flash
Date: Aug 12, 2022
United Maritime Corporation, announced today the delivery of the previously-announced Aframax vesse...
India’s Trade Gap With UAE Widens As Oil Imports Rise
Categories: News Flash
Date: Aug 12, 2022
India’s trade gap with the United Arab Emirates ballooned fourfold in the May-June period, the fi...
Indonesia Blocks Exports From 48 Coal Miners As EU’s Russian Coal Ban Begins
Categories: News Flash
Date: Aug 12, 2022
On 9 August, the Indonesian Energy and Mineral Resources Minister announced that 71 coal miners fai...
Baltic Index Hits 6-Month Low As Rates Across Vessels Slump
Categories: News Flash
Date: Aug 12, 2022
The Baltic Exchange’s main sea freight index slipped to a six-month trough on Thursday pressured ...
Korea Shipbuilding & Offshore Engineering Receives $1.5B Order For Seven LNG Carriers
Categories: News Flash
Date: Aug 11, 2022
Korea Shipbuilding & Offshore Engineering (KSOE) received an order worth 1.96 trillion won ($1....
Greece To Exit EU’s ‘Enhanced Surveillance’ Framework After 12 Years
Categories: News Flash
Date: Aug 11, 2022
Greece will exit the European Union’s so-called enhanced surveillance framework on August 20, its...
Drydocks World-Dubai Signs Strategic Partnership With Silverstream Technologies To Drive Maritime Decarbonisation In The Middle East
Categories: News Flash
Date: Aug 11, 2022
Drydocks World-Dubai has today announced the signing of a strategic agreement with maritime technol...
Bourbon Marine Services Greenmar (BMSG) Implements MarTrust’s E-Wallet Solution To Pay Their Seafarers And Support Seafarer Welfare
Categories: News Flash
Date: Aug 11, 2022
MarTrust, the leading global maritime payment solutions company and part of Marcura, today announce...
Mark W. Barker Bulker Operational With Thordon’s Robust Rivertough Bearing
Categories: News Flash
Date: Aug 11, 2022
Mark W. Barker, the first new U.S flagged Great Lakes bulker in almost 40 years, has successfully c...
MISC And Consortium Partners Ink Landmark Deal With Gatarenergy For Seven Newbuilding LNG Carriers
Categories: News Flash
Date: Aug 11, 2022
MISC Berhad (MISC) through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PL...
Low Rhine Water Levels Another Drain On Germany’s Economy
Categories: News Flash
Date: Aug 11, 2022
Already bracing for recession and winter energy shortages, German businesses are grappling with the...
Forto And Hapag-Lloyd Partner To Deliver Biofuel Alternative For Customers
Categories: News Flash
Date: Aug 11, 2022
Through a new partnership with Hapag-Lloyd, a leading global liner shipping company, Forto has laun...
Midsize Crude, Product Tanker Earnings Boom On Trade Shifts: International Seaways
Categories: News Flash
Date: Aug 11, 2022
Earnings on voyages made by product and midsize crude tankers reached elevated levels in the second...
LNG Carrier Prices Nearing All-Time High
Categories: News Flash
Date: Aug 11, 2022
Prices of liquefied natural gas (LNG) carriers are skyrocketing. Analysts expect a further rise in ...
Russia Suspends Oil Exports Via Southern Leg Of Druzhba Pipeline Due To Transit Payment Issues
Categories: News Flash
Date: Aug 10, 2022
Russia suspended oil exports via the southern leg of the Druzhba pipeline from early August due to ...
Devastating Fire May Force Cuba To Resort To Floating Oil Storage
Categories: News Flash
Date: Aug 10, 2022
An inferno at Cuba’s largest oil storage facility has killed at least one firefighter, injured ma...
Brittany Ferries’ Salamanca Passenger Ferry Uses Wärtsilä’s SPECS Camera System For More Efficient And Safer Operations
Categories: News Flash
Date: Aug 10, 2022
Wärtsilä Voyage, part of the technology group Wärtsilä, today announces that its Smart Panorami...
Advanced Polymer Coatings Strikes Series Of New Tanker Deals
Categories: News Flash
Date: Aug 10, 2022
USA-based manufacturer Advanced Polymer Coatings (APC) is announcing a series of new chemical tanke...
Iron Ore Futures Retreat As China Demand Woes Back In Focus
Categories: News Flash
Date: Aug 10, 2022
Dalian and Singapore iron ore futures fell on Tuesday as traders weighed fresh COVID-19 flare-ups i...
NSSLGlobal Partners With SOIC To Supply Satellite Communications To The World’s Largest Wooden Sailing Ship, The Göthenborg of Sweden
Categories: News Flash
Date: Aug 10, 2022
NSSLGlobal, a leading satcoms company in the cleantech portfolio of Arendals Fossekompani the Norwe...
Capital Ship Management Corp. Takes Delivery of M/T ‘Amore Mio’
Categories: News Flash
Date: Aug 10, 2022
Capital Ship Management Corp. took successful delivery recently of the newbuilding vessel M/T ‘Am...
Corn Bulk Ship Leaves Chornomorsk Port For South Korea; Concerns Over Quality
Categories: News Flash
Date: Aug 10, 2022
MV Ocean Lion has sailed from Ukraine’s port of Chornomorsk early Aug. 9 destined for South Korea...
Cyprus Shipping Deputy Ministry Engages Consortium To Accelerate Digitalization
Categories: News Flash
Date: Aug 10, 2022
Cyprus Shipping Deputy Ministry (SDM) has signed a new contract with the CSC consortium which combi...
Two More Grain Ships Sail From Ukraine, Turkey Says
Categories: News Flash
Date: Aug 10, 2022
Two more grain-carrying ships sailed from Ukraine’s Chornomorsk port on Tuesday, Turkey’s defen...
Kuwait Close To Exhausting Production Capacity – OPEC Faces Pressure
Categories: News Flash
Date: Aug 09, 2022
Kuwait is close to exhausting its production capacity, capping its ability to bring on more crude o...
Asian Refiners Assess Crude Oil Buying Strategies After OPEC+ Decision
Categories: News Flash
Date: Aug 09, 2022
This week, Asian refiners will assess their spot and term crude procurement strategies after OPEC+ ...
Performance Team – A Maersk Company Announces New Cold Chain Facility In Charleston, South Carolina
Categories: News Flash
Date: Aug 09, 2022
Performance Team – A Maersk Company continues to integrate end-to-end cold chains with the announ...
Japanese Shipping Technology Leaders In Collaboration To Develop Digital Engineering Platforms For Sustainable Maritime Logistics
Categories: News Flash
Date: Aug 09, 2022
A group of Japanese technology leaders (1) have come together to establish a cooperation program ca...
Iron Ore Rises As Improved China Steel Margins Lift Mood
Categories: News Flash
Date: Aug 09, 2022
Dalian and Singapore iron ore futures rose on Monday, extending their gains as improved steelmakers...
India: Parliamentary Panel Suggests Phasing Out Of Coal Imports
Categories: News Flash
Date: Aug 09, 2022
The parliamentary standing committee on energy has said that the union ministries of power and coal...
China’s July Soybean Imports Slide Amid Poor Crush Margins, Weaker Demand
Categories: News Flash
Date: Aug 09, 2022
China’s soybean imports in July fell 9.1% from a year earlier, customs data showed on Sunday, as ...
Rhine Level In Germany Falls Again, Ships Only Part-Loaded
Categories: News Flash
Date: Aug 09, 2022
Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo v...