News Flash
Trans-Atlantic cargo frenzy boosts Aframax tanker freight
Categories: News Flash
Date: May 06, 2023
A surge in demand for trans-Atlantic freight movements out of the US Gulf Coast on midsize Aframax ...
World first in Antwerp port area: drone network officially launched
Categories: News Flash
Date: May 06, 2023
Six autonomous drones will perform daily flights in the Antwerp port area, a world first that will ...
JNPA Port sets global benchmark with record 22-hour container turnaround time
Categories: News Flash
Date: May 06, 2023
Jawaharlal Nehru Port Authority (JNPA), India’s leading container port, has achieved a global mil...
The unknown Indian company shipping millions of barrels of Russian oil
Categories: News Flash
Date: May 06, 2023
Please use the sharing tools found via the share button at the top or side of articles. Copying art...
US Shipping Firms Set to Hire 75000 Filipino Seafarers In Next 3-4 Years
Categories: News Flash
Date: May 06, 2023
US-based seafaring majors are looking to hire approximately 75,000 Filipino seafarers in the next f...
First Cargo Ship To India-Funded Myanmar Port Leaves Kolkata For Trial Run
Categories: News Flash
Date: May 06, 2023
Myanamar’s Sittwe Port, funded by India as part of the unique Kaladan Multimodal Transit Transpor...
Venezuela’s oil tankers at risk of sinking, fires, spills, report finds
Categories: News Flash
Date: May 05, 2023
More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be imm...
Shipping lobby group advises caution on climate targets
Categories: News Flash
Date: May 05, 2023
An influential shipping industry group has quietly warned shippers to think carefully before they s...
Good news for shipowners as VLCC Inter-Atlantic trade remains strong
Categories: News Flash
Date: May 05, 2023
It’s clear that trading patterns for VLCCs have changed significantly over the last 12 months. Eu...
Baltic index slips on weaker panamax, supramax rates
Categories: News Flash
Date: May 05, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Wärtsilä, DNV partner with Anglo-Eastern on vessel compliance reporting
Categories: News Flash
Date: May 05, 2023
As informed, the companies plan to integrate Wärtsilä’s Fleet Optimisation Solution (FOS) and V...
Cruise vessel calls at New Mangalore Port
Categories: News Flash
Date: May 05, 2023
The Marshall Island flagged ship had 466 passengers and 399 crew members on board. Sailing from ...
Trade union protests lack of growth at ICTT
Categories: News Flash
Date: May 05, 2023
The joint body of Cochin Port trade union is going to intensify its stir, demanding the state and U...
Ships To Be Retrofitted With Carbon Capture And Other Innovative Technologies To Reduce CO2 Emissions And Fuel Consumption
Categories: News Flash
Date: May 05, 2023
A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships...
Future Maritime Environment May Be More Challenging, Says Navy Chief
Categories: News Flash
Date: May 05, 2023
Indian Navy chief Admiral R Hari Kumar on Thursday said that the future of the maritime environment...
Iran Seizes Second Oil Tanker In A Week Amidst US Tensions
Categories: News Flash
Date: May 05, 2023
Iran has seized an oil tanker in the waters of the Strait of Hormuz in what is the second such case...
India and China to contribute half of global growth : IMF
Categories: News Flash
Date: May 04, 2023
India’s economic growth in the current financial year is resilient and, together with the re...
Liner supply falls as operators reduce average sailing speed by 4% : BIMCO
Categories: News Flash
Date: May 04, 2023
“During the COVID-19 pandemic liner operators increased the average sailing speed by up to 4% due...
Hapag-Lloyd Annual General Meeting approves all proposed resolutions
Categories: News Flash
Date: May 04, 2023
Hapag-Lloyd AG shareholders approved today with the required majority all items on the age...
Deepwater drillers see bright outlook in next few years, citing high rig demand, scarce supply
Categories: News Flash
Date: May 04, 2023
Deepwater drillers Transocean and Valaris see a bright outlook for rig assets in global markets ove...
India’s Urals oil imports dip in April as China ups competition
Categories: News Flash
Date: May 04, 2023
India slightly decreased its Urals oil buying in April compared to record imports in March, while C...
US response under watch for shipping after tanker seizure by Iran
Categories: News Flash
Date: May 04, 2023
Washington’s response to the recent seizure of a US-bound oil tanker by Tehran will determine whe...
Ships to be retrofitted with carbon capture and other innovative technologies to reduce CO2 emissions and fuel consumption
Categories: News Flash
Date: May 04, 2023
A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships...
Liner supply falls as operators reduce average sailing speed by 4%
Categories: News Flash
Date: May 04, 2023
During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due t...
Asia’s LNG imports slip as soft China, Japan outweigh stronger India
Categories: News Flash
Date: May 04, 2023
Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimm...
Baltic index ticks up on jump in capesize rates
Categories: News Flash
Date: May 04, 2023
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Scorpio Tankers doubles Q1 revenue
Categories: News Flash
Date: May 03, 2023
Scorpio Tankers announced a strong set of first quarter results, doubling its revenue and retu...
Experts see more opportunities than risks for breakbulk in 2023/24
Categories: News Flash
Date: May 03, 2023
“In 2022, demand growth for multipurpose vessels slowed significantly, while fleet capacity incre...
Chinese state-owned firm to build major Sri Lanka port complex
Categories: News Flash
Date: May 03, 2023
A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 b...
Container shipping under pressure globally due to high interest rates : S&P Global Commodity Insights
Categories: News Flash
Date: May 03, 2023
Container shipping, globally, will be “under pressure” because of high interest ...
DCI gets ₹172 cr dredging order from Paradip Port Authority
Categories: News Flash
Date: May 03, 2023
Paradip Port Authority’s marine department has awarded Dredging Corporation of India a ...
CEPA is the growth engine for India-UAE bilateral trade
Categories: News Flash
Date: May 03, 2023
On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive ...