News Flash
Adani Ports and SEZ handles total cargo volume of 25.3 MMT in Nov’22
Categories: News Flash
Date: Dec 06, 2022
Adani Ports and Special Economic Zone (APSEZ) said that it handled a cargo volume of approximately ...
Lloyds List features Dr. Anil Sharma as a shipping industry leader
Categories: News Flash
Date: Dec 06, 2022
Dr. Anil Sharma, President and CEO of GMS, has, for the thirteenth straight year in a row, been lis...
Jamaica celebrates its role at the heart of maritime regulation as it launches its campaign for IMO re-election
Categories: News Flash
Date: Dec 06, 2022
Jamaica underscored the importance of being at the heart of international maritime regulation by ho...
74% of Freight forwarders from Asia affirm market opportunity for Shipper owned containers in the region: Container xChange Survey
Categories: News Flash
Date: Dec 06, 2022
The market opportunity for Shipper-owned containers (SOCs) is recognized by 74% of freight forwarde...
Wärtsilä Cargo Handling and Fuel Supply Systems selected for world’s largest LPG/Midsize gas carriers
Categories: News Flash
Date: Dec 06, 2022
The efficiency and advanced design of the technology group Wärtsilä’s Cargo Handling and LPG Fu...
Russia assembles a ‘shadow fleet’ of more than 100 oil tankers as Putin tries to bust western sanctions, report said
Categories: News Flash
Date: Dec 06, 2022
Russia has assembled a “shadow fleet” of more than 100 oil tankers in a bid to bust western san...
Baltic index flat as panamax gains offset capesize losses
Categories: News Flash
Date: Dec 06, 2022
The Baltic Exchange’s dry bulk sea freight index was little changed on Monday as gains in the pan...
LR authorised to carry out certification activities for non-SOLAS ships in Italy
Categories: News Flash
Date: Dec 05, 2022
Lloyd’s Register (LR) has been awarded the status of a Notified Body by the Italian Ministry for ...
Indian state will proceed ‘no matter what’ with protest-hit Adani port-minister
Categories: News Flash
Date: Dec 05, 2022
India’s Kerala state will proceed “no matter what” with a $900 million port project and is op...
Venezuelan oil exports flow using false documents, ships linked to Iran
Categories: News Flash
Date: Dec 05, 2022
When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it ha...
EU’s ETS for shipping to start from 2024, include methane in emissions accounting
Categories: News Flash
Date: Dec 05, 2022
EU institutions have reached a preliminary agreement on how to extend its Emissions Trading System ...
Container shipping rates still sinking, no sign yet of market floor
Categories: News Flash
Date: Dec 05, 2022
So much for the theory that container lines are a nefarious cartel that can control freight pricing...
Urals oil discount widens as freight rates for Russian oil jump – traders, Reuters calculations
Categories: News Flash
Date: Dec 05, 2022
Russian Urals oil’s discount to dated Brent have widened significantly, under pressure from recor...
Tankers In Correction Mode This Week
Categories: News Flash
Date: Dec 05, 2022
Clean The Atlantic front and backhaul has been active with TC2 Cont-USAC 37,000mt CPP rising ove...
Dry Bulk Market: Positive Signs Are Starting to Emerge
Categories: News Flash
Date: Dec 05, 2022
Capesize The Capesize market was in a ‘one step forward, two steps back’ mode this week. The...
UN climate talks on shipping: short-term action urgently needed
Categories: News Flash
Date: Dec 05, 2022
Civil society groups call for an urgent adoption of short-term emission reduction targets for globa...
Product Tankers Set to Benefit the Most from a Ton-Mile Increase From Latest Round of Sanctions on Russian Oil
Categories: News Flash
Date: Dec 05, 2022
The latest round of sanctions on Russian oil is bound to offer yet more support to the product tank...
MABUX Expects Extreme Volatility for Bunker Prices Next Week
Categories: News Flash
Date: Dec 02, 2022
Over the Week 48, MABUX global bunker indices, as expected, continued their firm decline. The 380 H...
Demolition prices slip to USD 525 per LDT in India despite policy change
Categories: News Flash
Date: Dec 02, 2022
The export tariffs were implemented in May to boost domestic supplies of iron ore and combat inflat...
Baltic index eases as capesize rates slip
Categories: News Flash
Date: Dec 02, 2022
The Baltic Exchange’s dry bulk sea freight index slipped from a near three-week peak on Thursday,...
Tanker Rates at 20-year Highs as Ton-Mile Demand Grows
Categories: News Flash
Date: Dec 02, 2022
The tanker market is experiencing some of its best days of the past couple of decades, as ton-mile ...
Govt aims to begin Shipping Corp divestment roadshows in January, demeger to be completed in the next few weeks
Categories: News Flash
Date: Dec 02, 2022
The government is doubling down on its disinvestment programme before the end of 2022-23 and i...
DSME Taking a Big Bath Ahead of Acquisition by Hanwha Group
Categories: News Flash
Date: Dec 02, 2022
Daewoo Shipbuilding & Marine Engineering (DSME) is working to remove potential risk factors ahe...
3 Shipbuilders of HHI Group to Go on Joint Strike
Categories: News Flash
Date: Dec 02, 2022
Unionized workers at the three shipbuilders of Hyundai Heavy Industries Group (Hyundai Heavy Indust...
High Speed Transfers signs contracts with Damen for 3 x hybrid Fast Crew Supplier 2710 vessels
Categories: News Flash
Date: Dec 02, 2022
At the annual Damen Maritime Festival held in Gorinchem at Damen’s headquarters, offshore service...
Annual Stats Report: Another positive year for marine insurers
Categories: News Flash
Date: Dec 02, 2022
Yesterday – 01 December 2022 – the International Union of Marine Insurance (IUMI) releases its ...
Russia seeks to boost acceptance of its shipping insurance to dodge oil cap
Categories: News Flash
Date: Dec 02, 2022
Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to shi...
India: Govt readies ambitious plan to lift sagging exports
Categories: News Flash
Date: Nov 29, 2022
The commerce ministry has devised a multi-pronged plan that includes offering incentives and explor...
China’s iron ore traders seek low-cost Indian supplies as steel margins slump
Categories: News Flash
Date: Nov 29, 2022
China is set to snap up significant volumes of low-grade Indian iron ore in coming weeks, as Chines...
Black Sea Region Could Add Further Support to the Dry Bulk Market in the Coming Months
Categories: News Flash
Date: Nov 29, 2022
The dry bulk market could receive a boost from the existing condition in the Black Sea grain market...
Shipbuilders vie to dominate autonomous navigation market
Categories: News Flash
Date: Nov 29, 2022
Competition is heating up among Korea’s three largest shipbuilders to dominate the rapidly growin...
Jinhui Expects Low Dry Bulk Vessel Orders, as Regulatory Environment Remains Uncertain
Categories: News Flash
Date: Nov 29, 2022
INTERIM DIVIDEND The Board has resolved not to recommend the payment of any interim dividend for...