News Flash
Russia oil turmoil seen driving tanker market higher
Categories: News Flash
Date: Nov 29, 2022
Tough new sanctions on Russian oil shipments taking effect from December are likely to boost alread...
InterManager welcomes IMO commitment to address enclosed space risks
Categories: News Flash
Date: Nov 29, 2022
InterManager has welcomed a commitment by the International Maritime Organization (IMO) to review g...
Baltic index hits over 2-week peak on firm demand for larger vessels
Categories: News Flash
Date: Nov 29, 2022
The Baltic Exchange’s dry bulk sea freight index rose to a more than two-week high on Monday, sup...
Across China: Captains set sail on upper section of Yangtze with upgraded facilities
Categories: News Flash
Date: Nov 29, 2022
As a child, Liu Jie was already acquainted with life on the Jinsha River, the upper section of the ...
Ammonia Fueled Bulk Carrier Obtained AiP from Classification Society ClassNK
Categories: News Flash
Date: Nov 29, 2022
Kawasaki Kisen Kaisha, Ltd. (“K” Line) announced today that, together with ITOCHU Corporation, ...
Tankers: VLCCs Down, but Product Tankers Up This Week
Categories: News Flash
Date: Nov 28, 2022
Clean The market has generally seen improvements all round this week. This was reflected in the ...
China and India easing away from Russian crude oil may be temporary
Categories: News Flash
Date: Nov 28, 2022
There are signs that China and India are pulling back from buying Russian crude oil ahead of the Gr...
India: Government To Monetize 9 Majors Ports Between FY22-25 Under NMP
Categories: News Flash
Date: Nov 28, 2022
The Government of India is prioritizing maritime development to enable ports to identify and resolv...
Visakha Container Terminal sets new record in productivity
Categories: News Flash
Date: Nov 28, 2022
Visakha Container Terminal set a record on November 17, 2022, where its highest productivity to dat...
UAE set sights on 50mln containers by 2032
Categories: News Flash
Date: Nov 28, 2022
The UAE will continue to promote its shipping sector as it recognising the critical role of the mar...
Enagas says LNG backlog at Spanish ports has eased
Categories: News Flash
Date: Nov 28, 2022
Spanish gas grid operator Enagas said on Friday a backlog at its terminals that had forced it to wa...
Russia denies slowing inspections for Ukraine grain ships
Categories: News Flash
Date: Nov 28, 2022
Russia’s ambassador to Turkey said on Friday that Moscow sends its representatives to more ship i...
Robust Aframax rates lure LR2 tankers into dirty market
Categories: News Flash
Date: Nov 28, 2022
Strong Aframax freight rates for hauling crude and fuel oil are luring clean Long Range II, or LR2,...
Methanol as an alternative fuel for container vessels
Categories: News Flash
Date: Nov 28, 2022
Methanol holds significant potential as a future ship fuel and has recently emerged as a major topi...
Older Tankers in High Demand
Categories: News Flash
Date: Nov 28, 2022
Demand for tankers aged from 15-years and older have been in high demand in the secondhand market. ...
Newbuilding Activity Picks Up
Categories: News Flash
Date: Nov 24, 2022
Newbuilding ordering activity kept up its rising trend over the course of the previous week. In its...
HHI Group’s 3 Shipbuilding Affiliates to Go on Strike in December
Categories: News Flash
Date: Nov 24, 2022
The labor unions of HHI Group’s three shipbuilding companies — Hyundai Heavy Industries, Hyunda...
Indian Tycoon Adani’s Mega Port Hangs In The Balance As A Fishing Community Protests
Categories: News Flash
Date: Nov 24, 2022
On the main road to billionaire Gautam Adani’s planned Vizhinjam mega port on the southern tip of...
OC1 Schedule adjustment Olga Maersk 247N Port Chalmers Port Omission
Categories: News Flash
Date: Nov 24, 2022
Due to operational delays, it has been confirmed that OLGA MAERSK 247N will omit Port Chalmers for ...
Southern California’s Container Ship Backup Ends
Categories: News Flash
Date: Nov 24, 2022
Officials declared an end to the backup of ships at Southern California’s ports more than two yea...
S. Korea: Transport Workers to Support Truckers’ Walkout by Not Offering Shipping Alternative
Categories: News Flash
Date: Nov 24, 2022
A transport workers’ union of the Korean Confederation of Trade Unions has decided to support the...
The Role of Methanol in Shipping’s Energy Transition Explored at First London Methanol Summit
Categories: News Flash
Date: Nov 24, 2022
Leading players in the maritime industry joined ABS and the Methanol Institute (MI) for a deep dive...
Russian oil moving to Asia on older vessels elevates shipping risks: Trafigura CEO
Categories: News Flash
Date: Nov 24, 2022
The global oil market has witnessed the mushrooming of smaller trading firms who are moving Russian...
Momentous changes in the cargo ship fleet
Categories: News Flash
Date: Nov 24, 2022
Asteady growth trend has evolved in the world merchant ship fleet during the past few years. But th...
Baltic index snaps 9-day losing streak on capesize gains
Categories: News Flash
Date: Nov 24, 2022
The Baltic Exchange’s dry bulk sea freight index rose on Wednesday for the first time in ten sess...
A.P. Moller – Maersk adds Khazaen Dry Port to its global network of port calls
Categories: News Flash
Date: Nov 23, 2022
A.P. Moller – Maersk (Maersk) has added Khazaen Dry port (KDP), part of Asyad Group, to its exten...
Bureau Veritas to certify major commercial floating wind project in Korea
Categories: News Flash
Date: Nov 23, 2022
Bureau Veritas a world leader in testing, inspection and certification, in partnership with the Kor...
MOL Signs Service Agreement with NPO WELgee for Recruiting and Staffing Services
Categories: News Flash
Date: Nov 23, 2022
Mitsui O.S.K. Lines, Ltd. announced the conclusion of a service agreement for recruiting and staffi...
Report Underscores Importance of Pilots and Training to Accelerate Safe Maritime Decarbonization
Categories: News Flash
Date: Nov 23, 2022
The Maritime Technologies Forum (MTF) has today released a comprehensive assessment to compare the ...
Communication is key for efficient crew changes’ – will be the message from BCS Group – Boers Crew Services during a panel debate at Crew Connect Global
Categories: News Flash
Date: Nov 23, 2022
Leading crew services company BCS Group – Boers Crew Services is set to discuss the importance of...
New ICS guide launched to help owners and operators navigate the new EEXI and CII emission reduction regulations
Categories: News Flash
Date: Nov 23, 2022
The International Chamber of Shipping (ICS) has published the industry’s first definitive guide t...
Asia Fuel Oil-VLSFO premium extends climb for third straight day
Categories: News Flash
Date: Nov 23, 2022
Asia’s spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) rose for a third straight ses...