News Flash
Dynagas LNG Partners seals new Equinor charter deal
Categories: News Flash
Date: Jan 02, 2023
New York-listed Dynagas LNG Partners has struck a new time charter deal with Equinor for the ice-cl...
Ecuador Reports 400% Rise In Drug Trafficking Via Shipping Containers
Categories: News Flash
Date: Jan 02, 2023
By Yury Garcia (Reuters) Insecurity in Ecuador is hurting the Andean country’s exports of product...
Euroseas Boxship Sold for Scrap as Environmental Regulations Loom
Categories: News Flash
Date: Jan 02, 2023
Just weeks after admitting that the age profile of its fleet that is tilted towards older vessels i...
Armed Pirates Rob Two Offshore Vessels in Bay of Campeche
Categories: News Flash
Date: Jan 02, 2023
The offshore oil and gas sector in Mexico's Bay of Campeche is a longtime hotspot for armed robbery...
China's Lockdowns are Over, but its Shipping Outlook is Still Mixed
Categories: News Flash
Date: Jan 02, 2023
Beijing’s on-and-off COVID lockdowns created serious challenges for shipping in 2022, and ev...
Indian Coast Guard Rescues 12 Members Of Sinking Vessel Off Gujarat Coast
Categories: News Flash
Date: Jan 02, 2023
The Indian Coast Guard (ICG) rescued 12 crew members of a sinking supply vessel in the Arabian sea ...
Cruise passengers stranded after marine growth halts ship
Categories: News Flash
Date: Jan 02, 2023
Hundreds of passengers have been stranded on a cruise ship off the Australian coast after a potenti...
Third of world in recession this year, IMF head warns
Categories: News Flash
Date: Jan 02, 2023
A third of the global economy will be in recession this year, the head of the International Monetar...
India can be among top 10 countries in global maritime trade ranking: Union Minister Sarbananda Sonowal
Categories: News Flash
Date: Jan 02, 2023
Union Minister Sarbananda Sonowal on December 31 said India can be among the top ten countries in t...
Love them or hate them, the IMO’s new global carbon regulations start this weekend
Categories: News Flash
Date: Jan 02, 2023
The International Maritime Organisation’s new carbon regulations are just two days away from impl...
EU gas price cap could tighten LNG supplies into Europe as Asia reassesses favorable markets
Categories: News Flash
Date: Dec 31, 2022
The EU’s Eur180/MWh gas price cap would not impact Asian LNG trade flow in the near term but coul...
Rising supply from Kuwait, Russia to weigh on Asia fuel oil in 2023
Categories: News Flash
Date: Dec 31, 2022
Asia is expected to be flooded with more fuel oil supplies in 2023 as Kuwait’s new Al-Zour refine...
India may review stance on Chinese investments to help firms relocate
Categories: News Flash
Date: Dec 31, 2022
The Indian government may review its stance on Chinese investments to help global firms looking to ...
Korean shipbuilders outpace Chinese in LNG carrier orders
Categories: News Flash
Date: Dec 31, 2022
South Korea’s three biggest shipbuilders lost their world’s No. 1 title in ship orders for the ...
India supports UAE’s maritime initiatives: Indian Ministry of Shipping
Categories: News Flash
Date: Dec 31, 2022
The UAE and India have opened up a new vista for bilateral cooperation in the maritime industry. ...
Singapore fuel oil stocks dip amid steady bunkering uptake
Categories: News Flash
Date: Dec 31, 2022
Residual fuel oil stocks at key trading hub Singapore dipped from the previous week, official data ...
Revisit maritime policy to increase India’s shipping revenues, EXIM trade
Categories: News Flash
Date: Dec 31, 2022
Post-COVID-19, global trade has been on a resurgence. From a quarterly low of $4.9 trillion in the ...
Chance that container ship arrives on time is still a coin toss
Categories: News Flash
Date: Dec 31, 2022
A year ago, fear was a big driver of the supply chain crunch: fear that goods wouldn’t arrive on ...
Euroseas Ltd. Announces the Sale of 5,610 teu Container Vessel, built in 2001
Categories: News Flash
Date: Dec 31, 2022
Euroseas Ltd., an owner and operator of container vessels and provider of seaborne transportation f...
Global Fleet Growth Points Towards Different Fortunes for Various Shipping Markets
Categories: News Flash
Date: Dec 31, 2022
The global fleet has grown this year, but at various speeds for different ship markets, while the m...
Multiple objections filed on SCI demerger scheme ahead of crucial MCA hearing to clear the plan
Categories: News Flash
Date: Dec 30, 2022
At least a dozen objections have been filed till Monday before the Ministry of Corporate Affairs by...
Some Ocean-Going Ships To Sail Without Insurance As Insurers Back Out From 1st Jan 2023
Categories: News Flash
Date: Dec 30, 2022
Per reports, Ship reinsurers have faced huge losses, and hence the insurers of ships have decided t...
Chinese shipbuilding sector tops world market in 2022
Categories: News Flash
Date: Dec 30, 2022
China’s shipbuilding sector topped the global market in 2022 in terms of orders and vessel comple...
China to lift anti-COVID measures for all imported cold-chain foods, non-cold-chain items
Categories: News Flash
Date: Dec 30, 2022
Chinese customs announced on Wednesday that it would revoke anti-COVID-19 measures, including nucle...
China Ports Container volume rises 4.2% in from January to November 2022，Ningbo Containerized Freight Index decease significantly in December 2022
Categories: News Flash
Date: Dec 30, 2022
From January to November of 2022, the cargo volume of Chinese ports was 14313.1million tons, a year...
Oil product stocks climb 7% on week, capping record annual gain
Categories: News Flash
Date: Dec 30, 2022
Oil product stockpiles at the UAE’s Port of Fujairah rose 7.1% in the week ended Dec. 26, capping...
Philippines: 400,000 seafarers at risk of sailing ban
Categories: News Flash
Date: Dec 30, 2022
More than 400,000 Filipino seafarers have been on edge since an audit conducted by the European Mar...
China: Legislators look to reduce emissions in shipping industry
Categories: News Flash
Date: Dec 30, 2022
The national legislature plans to add clauses about reducing carbon emissions in the shipping indus...
Tonnage dislocation to prolong freight volatility to Americas clean tankers
Categories: News Flash
Date: Dec 30, 2022
The Americas clean tanker market is poised for an uncertain 2023, with freight volatility exacerbat...
Ship Values For Tankers and Bulkers Reverse Fortunes During 2022
Categories: News Flash
Date: Dec 30, 2022
As the freight markets shifted tides during 2022, so did ship values. In its latest weekly report, ...
Unstoppable’ India set to become world’s 3rd top economy in 2035
Categories: News Flash
Date: Dec 29, 2022
Indian shoppers walk through a mall in New Delhi. CEBR has suggested that in the current fiscal, In...
Over 17.4m tons of basic goods unloaded in ports in 9 month
Categories: News Flash
Date: Dec 29, 2022
As reported by Iran’s Ports and Maritime Organization (PMO), 17,449,670 tons of basic commodities...