News Flash

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Salalah Set To Become One Of The Leading Bunkering Hubs In The Region

Categories: News Flash

Date: Jul 30, 2022

Port of Salalah and FECO of Salalah – Oman, signed an agreement recently to pave the way for Sala...

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GC CORPORATION And Kawasaki Kisen Kaisha, Ltd. Joins CCS Study In Malaysia ~ Aiming For Joint Contribution To CO2 Reduction In Malaysia And Asia

Categories: News Flash

Date: Jul 30, 2022

Japan Petroleum Exploration Co., Ltd. (JAPEX) has signed an MOU with JGC CORPORATION (JGC), and Kaw...

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Ukraine Ready To Ship Grain, Awaits Signal For First Shipment

Categories: News Flash

Date: Jul 30, 2022

Ukraine is ready to start shipping grain from two Black Sea ports under a U.N.-brokered agreement b...

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Rhine Level In Germany Falls Again, Vessels Only Part-Loaded

Categories: News Flash

Date: Jul 30, 2022

Water levels on the Rhine in Germany have fallen again with vessels often sailing only half full an...

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Pacific Basin Says Handysize And Supramax TCE Earnings Increased 83% and 85% Respectively During 2022 Interim Results

Categories: News Flash

Date: Jul 30, 2022

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today ann...

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Container Shipping Boom Continues: Hapag-Lloyd Hikes Outlook (Again)

Categories: News Flash

Date: Jul 30, 2022

As great as 2021 was for container shipping lines, this year is turning out better. Germany’s Hap...

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Vessels Of Ukrainian Danube Shipping Company Carrying Smaller Cargoes Due To Low Water Levels

Categories: News Flash

Date: Jul 30, 2022

The middle and lower parts of the Danube River have been closed to navigation since July 25 due to ...

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GTT Reaches An Important Milestone In The Field Of Liquid Hydrogen Transport With Two Approvals In Principle From The Classification Society DNV

Categories: News Flash

Date: Jul 29, 2022

GTT has been granted two Approvals in Principle (AIP[1]) from the leading classification society DN...

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Spar Shipping AS, Fleet Management Limited And GoodFuels Successfully Complete Biofuel-Powered Trial Voyage

Categories: News Flash

Date: Jul 29, 2022

Long-term dry bulk tonnage provider Spar Shipping AS, ship management leader Fleet Management Limit...

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UAE’s Fujairah Port Stops Bunkering After Floods: Traders

Categories: News Flash

Date: Jul 29, 2022

Fueling for ships at the UAE’s Port of Fujairah, the world’s third largest bunkering hub, was s...

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V.Group Welcomes Three New LNG Dual Fuel VLCCs

Categories: News Flash

Date: Jul 29, 2022

Global Ship Management Company V.Group has won the contract to manage three lng dual fuel vlccs for...

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Container Ship Backlog Grows Again At The Port Of Savannah

Categories: News Flash

Date: Jul 29, 2022

A backup of container ships off one of the U.S. East Coast’s busiest ports has swelled to 40 vess...

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Diana Shipping Inc. Reports Second Quarter Net Income of $35.6 Million

Categories: News Flash

Date: Jul 29, 2022

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-i...

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Smart Green Shipping Announces £5m Investment Into FastRig Wing Sail Technology

Categories: News Flash

Date: Jul 29, 2022

Smart Green Shipping (SGS) has today launched a £5m research and development project for its fully...

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Taylor Maritime Investments Limited Rides Wave of Favourable Market Fundamentals

Categories: News Flash

Date: Jul 29, 2022

Taylor Maritime Investments Limited, the specialist dry bulk shipping company, announced that as at...

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MABUX: Bunker Prices Expected To Keep Falling Next Week

Categories: News Flash

Date: Jul 29, 2022

Over the Week 30 MABUX global bunker indices continued firm downward trend. The 380 HSFO index went...

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LNG Spot Market Boosts GasLog Partners Financial Results For The Second Quarter

Categories: News Flash

Date: Jul 29, 2022

Rechartered the Methane Rita Andrea, a steam turbine propulsion (“Steam”) LNG carrier, with an ...

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Surging Global Oil And Gas Demand To Boost Subsea Production, Predicts GlobalData

Categories: News Flash

Date: Jul 29, 2022

Subsea technology has been witnessing a substantial growth lately. Rising global oil and gas demand...

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Eurozone Economy Will Tip Into Recession This Year, Goldman Forecasts, As JPMorgan Also Makes Recession Call

Categories: News Flash

Date: Jul 28, 2022

Goldman Sachs is now forecasting a eurozone recession this year, not just on concerns about Russia ...

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Dalian Iron Ore Extends Rally As China Industrial Profits Rebound

Categories: News Flash

Date: Jul 28, 2022

Dalian iron ore futures rose on Wednesday after data showed profits at industrial firms in China, t...

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Konecranes Plc: Strong Order Intake Continued In A Challenging Environment

Categories: News Flash

Date: Jul 28, 2022

Since the beginning of June, Service and Industrial Equipment have been focused under the same lead...

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Traffic Surge At ports A Sign Of India’s Economic Revival

Categories: News Flash

Date: Jul 28, 2022

Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per c...

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The Financing And Bankability Of Offshore Wind Vessels

Categories: News Flash

Date: Jul 28, 2022

INTRODUCTION“Many of the basic principles that apply to all maritime asset classes will apply to ...

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International Maritime Industries And Hyundai Heavy Industries Expand Shipbuilding Partnership

Categories: News Flash

Date: Jul 28, 2022

International Maritime Industries (IMI), the largest shipyard in the MENA region, has expanded its ...

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NYK and Shin-Nippon Kaiyosha Start Japan’s First 100% Biofuel Supply Trial For Ships

Categories: News Flash

Date: Jul 28, 2022

Nippon Yusen Kabushiki Kaisha (hereinafter, NYK) and NYK Group company Shin-Nippon Kaiyosha Corpora...

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Quadrise Fuels Signs Framework Agreement With MSC Shipmanagement Limited To Trial Alternative Bunker Fuels

Categories: News Flash

Date: Jul 28, 2022

Quadrise (AIM:QFI), the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, providing ...

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Iranian tanker to retrieve oil cargo confiscated by US this week

Categories: News Flash

Date: Jul 28, 2022

An Iranian-flagged tanker anchored off Piraeus port is expected this week to retrieve part of its c...

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M/T SUVRETTA Becomes The First Vessel To Include Hull Coating Impact In EEXI Technical File Approved By DNV

Categories: News Flash

Date: Jul 28, 2022

NEDA Maritime Agency has entrusted DNV assessing the effect of low friction paint on the reference ...

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S&P Global Commodity Insights To Launch First Carbon-Accounted Tanker Assessments As Shipping Faces EU Trading System Carbon Coverage

Categories: News Flash

Date: Jul 27, 2022

S&P Global Commodity Insights announced it will launch daily Platts price assessments for freig...

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China’s Mooted End To Australian Coal Ban Will Have Zero Market Impact

Categories: News Flash

Date: Jul 27, 2022

Talk that China may end its unofficial ban on imports of Australian coal is unlikely to result in a...

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BSM’s Fleet Performance Centre Supports Owners To Meet Upcoming EEXI And CII Compliance

Categories: News Flash

Date: Jul 27, 2022

With new IMO regulations on Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indic...

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India’s June Crude Oil Imports Up On Demand Recovery, Russian Discounts

Categories: News Flash

Date: Jul 27, 2022

India’s crude oil imports in June rose nearly 21% from the same month last year, helped by a stea...