News Flash
Two More Grain Ships Sail From Ukraine As Third Port Opens
Categories: News Flash
Date: Aug 09, 2022
Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turk...
Persistent Container Ship Congestion In North Sea Affects EU-Asia Trade
Categories: News Flash
Date: Aug 09, 2022
The congestion of container ships off German ports at the North Sea worsened, affecting the Europea...
Reconciliation Bill Gives Massive Boost To U.S. Offshore Wind
Categories: News Flash
Date: Aug 08, 2022
On Sunday, Senate Democrats passed a large-scale budget reconciliation package on a party-line vote...
Australian Police Seize $195 Million In Cocaine Aboard Maersk Boxship
Categories: News Flash
Date: Aug 08, 2022
Australian authorities have seized 700 kilos of cocaine from a container aboard a Maersk boxship in...
Shipping Firm Maersk, A Barometer For Global Trade, Warns Of Weak Demand And Warehouses Filling Up
Categories: News Flash
Date: Aug 08, 2022
AP Moller-Maersk this week predicted a slowdown in global shipping container demand this year amid ...
UK’s Busiest Container Port Set For 8-Day Strike
Categories: News Flash
Date: Aug 08, 2022
Workers at the UK’s largest container port will hold an eight-day strike at the end of August, un...
Less U.S. Gas To Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
Categories: News Flash
Date: Aug 08, 2022
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG)...
Ukraine Wants Shipping Safe Passage Deal To Extend Beyond Grain
Categories: News Flash
Date: Aug 08, 2022
Three grain ships left Ukrainian ports on Friday under a safe passage deal while the first inbound ...
Korea’s Big Three Shipbuilders In Red Despite Growing Order Backlog
Categories: News Flash
Date: Aug 08, 2022
South Korea’s three major shipbuilders remain in the red despite hefty new ship orders so far thi...
Four More Grain Ships Leave Ukraine As Hopes Grow For Export Stability
Categories: News Flash
Date: Aug 08, 2022
Four more ships carrying grain and sunflower oil have left Ukraine ports via a safe maritime corrid...
Coal Far From Dead: Global Trade Thrives, War Reroutes Shipping
Categories: News Flash
Date: Aug 08, 2022
The market has spoken: Coal is dying” declared a September 2019 headline in CNN Business, after C...
Shipping Faces Investment Obstacles In Low-Carbon Marine Fuels
Categories: News Flash
Date: Aug 08, 2022
Shipping has been slower than other other transportation sectors in identifying a decarbonization a...
Maersk Acquires Danish Company To Add Global Project Logistics
Categories: News Flash
Date: Aug 06, 2022
Maersk is continuing to use its strong financial results and cash generated from operations to purs...
Keppel O&M Tries Out VR Goggles In The Shipyard
Categories: News Flash
Date: Aug 06, 2022
Keppel Offshore and Marine (Keppel O&M) is pushing the quest for digitalization to new heights ...
IMF Tells Europe To Let Consumers Bear The Brunt Of Higher Bills To Encourage Energy Saving
Categories: News Flash
Date: Aug 06, 2022
The International Monetary Fund warned European governments against intervening in the region’s w...
Iran Says Ready To Return Oil Output To Pre-Sanctions Level
Categories: News Flash
Date: Aug 06, 2022
Iran said that it is ready to return its crude oil production to pre-sanctions levels at the earlie...
Asia Grains-Russian Suppliers Offer Wheat In Asia, But Buyers Reluctant
Categories: News Flash
Date: Aug 06, 2022
Suppliers offered Russian wheat at lower prices this week in Asia, but most millers were unwilling ...
Port Of New York And New Jersey Adds Fees For Ocean Carriers As Shipping Containers Pile Up
Categories: News Flash
Date: Aug 06, 2022
The Port of New York and New Jersey announced new tariffs this week related to empty containers and...
A. P. Moller – Maersk To Acquire Danish Company Martin Bencher Group To Strengthen Handling Of Project Logistics
Categories: News Flash
Date: Aug 06, 2022
Today, A.P. Moller – Maersk (Maersk) has reached an agreement to acquire Martin Bencher Group, a ...
K Line: Proposal To Acquisition Of Shares In Atlas Corp. By A Consortium Including An Equity Method Affiliate
Categories: News Flash
Date: Aug 06, 2022
Kawasaki Kisen Kaisha, Ltd. (““K”Line”) informs that a consortium composed of David L. Soko...
Japan’s NYK-Owned Tanker To Load Sakhalin 2 LNG As New Operator Takes Over
Categories: News Flash
Date: Aug 06, 2022
A number of LNG tankers are arriving at Yuzhno-Sakhalinsk in Russia’s Far East at a time when a n...
MOL Joins Research JV Using Aerospace Engineering To Reduce Emissions
Categories: News Flash
Date: Aug 05, 2022
Mitsui O.S.K. Lines, which has already been actively pursuing wind-assisted propulsion and fluid dy...
Tugboat Unions To Disrupt Australian Ports In Long Contract Dispute
Categories: News Flash
Date: Aug 05, 2022
Three of Australia’s maritime unions are threatening to disrupt operations at ten of Australia’...
StormGeo, Part Of Alfa Laval, Expands With Bunker Procurement Optimization Through The Acquisition Of BunkerMetri
Categories: News Flash
Date: Aug 05, 2022
Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that de...
FSL Trust Reports Improved Net Profit Of US$ 2.1 Million For The 2nd Quarter 2022 And Declares A Distribution Of 1.60 US Cents
Categories: News Flash
Date: Aug 05, 2022
FSL Trust Management Pte. Ltd. (“FSLTM”), the trustee-manager of First Ship Lease Trust announc...
Ukraine Expects First Vessel To Arrive To Collect Grain – Official
Categories: News Flash
Date: Aug 05, 2022
A Turkish bulk carrier is expected to arrive in the Ukrainian Black Sea port of Chornomorsk on Frid...
Ocean Freight Capacity And Volumes Continue US West To East Coast Shift, With Port Congestion Following Suit
Categories: News Flash
Date: Aug 05, 2022
Xeneta’s latest market analysis details a continuing shift in container shipping capacity on rout...
“Global Supply Chains Have Built Resilience Over The Past 2 Years, Further Disruptions To Cause A Limited Impact On Containerised Trade”: Container Xchange Analysis
Categories: News Flash
Date: Aug 05, 2022
As the shipping world enters peak season shipping, freight forwarders and shippers are concerned ab...
Why Reclamation Of Hull Cleaning Waste Material Is Essential To Ensure A Clean And Sustainable Future For The Maritime Industry
Categories: News Flash
Date: Aug 05, 2022
Social responsibility, social governance, sustainability… the need for corporations to be good an...
ESG Focused Digital Maritime Platform RightShip To Acquire
Categories: News Flash
Date: Aug 05, 2022
RightShip, one of the world’s leading ESG focused digital maritime platforms, today announced the...
U.S. LNG Exports Fall Further After Explosion, Europe Takes Bigger Slice
Categories: News Flash
Date: Aug 04, 2022
U.S. exports of liquefied natural gas (LNG) fell for second consecutive month in July, weighed down...
Kuwait Nears Maximum Oil Production, With Politics, Technical Challenges Stunting Growth
Categories: News Flash
Date: Aug 04, 2022
Kuwait is close to exhausting its production capacity, capping its ability to bring on more crude o...