News Flash
Ship Owners Refrain From More Newbuilding Orders Despite Improving Market Sentiment
Categories: News Flash
Date: Nov 03, 2022
Ship owners have distanced themselves from contracting more newbuildings, despite the fact that sen...
Cochin Shipyard, Mazagon Dock soar up to 8% on hopes of strong Q2 results
Categories: News Flash
Date: Nov 03, 2022
Shares of state-owned shipbuilding companies Cochin Shipyard and Mazagon Dock Shipbuilders&nbs...
India’s Cairn pushes upstream expansion as oil prices remain attractive
Categories: News Flash
Date: Nov 03, 2022
India’s Cairn Oil and Gas is pushing ahead with its ambitious upstream expansion plans by extendi...
India’s Adani Ports Q2 profit jumps as cargo volumes surge
Categories: News Flash
Date: Nov 03, 2022
Adani Ports and Special Economic Zone APSE.NS, India’s largest private operator of ports, reporte...
WiseTech Global acquires industry-leading data entry automation business Shipamax
Categories: News Flash
Date: Nov 03, 2022
WiseTech Global (ASX:WTC), developer of leading logistics execution software CargoWise, today annou...
Scorpio Tankers Inc. Reports Third Quarter Net Loss of $73.3 Million
Categories: News Flash
Date: Nov 02, 2022
Scorpio Tankers Inc. yesterday reported its results for the three and nine months ended September 3...
Repairing Scrubber Overboards and Scrubber outlet pipes Underwater
Categories: News Flash
Date: Nov 02, 2022
FN Diving replaces and repairs any corroded Scrubber exhaust pipe during cargo operations afloat un...
IBIA welcomes news of Rotterdam’s plans to mandate MFMs
Categories: News Flash
Date: Nov 02, 2022
The International Bunker Industry Association (IBIA) welcomes news that the Port of Rotterdam appea...
Chinese company hands over Nigeria’s first deep sea port
Categories: News Flash
Date: Nov 02, 2022
China Harbor Engineering Company Ltd (CHEC) on Monday handed over Nigeria’s first deep sea port t...
Baltic Index Drops to 7-Week Low
Categories: News Flash
Date: Nov 02, 2022
The Baltic Dry index, which measures the cost of shipping goods worldwide, fell for a tenth consecu...
Successful China-Greece cooperation at Piraeus Port injects confidence among other European partners
Categories: News Flash
Date: Nov 02, 2022
A spokesperson of China’s Embassy in Greece said on Tuesday the success of China-Greece cooperate...
Ship Recycling: Lack of Tonnage a Major Issue
Categories: News Flash
Date: Nov 02, 2022
Alack of available tonnage has continued to hinder demolition activity across the Southeast Asia re...
India, Australia are guardians of the flanks of the Indian Ocean
Categories: News Flash
Date: Nov 02, 2022
Indian Ocean regional challenges include climate change, “big power muscle movement”, says visi...
Telangana’s ambitious palm oil strategy to help India reduce import
Categories: News Flash
Date: Nov 02, 2022
An 80km (49.7mile) road in Khammam district of the southern Indian state of Telangana is dotted wit...
India continues with Russian oil buys, cuts shipments from Saudi
Categories: News Flash
Date: Nov 02, 2022
Russia dominated Saudi Arabia in oil supplies as the world’s fastest-growing major economy for fo...
Latest Seafarers Happiness Index shows sustained recovery in seafarer satisfaction
Categories: News Flash
Date: Nov 01, 2022
The Mission to Seafarers today publishes the findings of its Q3 2022 Seafarers Happiness Index repo...
Xeneta Container Rates Alert: Stubborn Long-Term Rates Refuse To Follow In Footsteps Of Huge Spot Declines, But Change Is Coming
Categories: News Flash
Date: Nov 01, 2022
With dramatic spot rate falls, a non-existent peak season, and easing port congestion freeing up ca...
Sanctions are about to slam Russia’s still-booming oil export trade
Categories: News Flash
Date: Oct 31, 2022
The Putin regime has been enriching itself through oil exports ever since Russia invaded Ukraine. I...
More than Half of Tankers Which Have Been Loading in Russian Ports in the Last 6 Months, Were Controlled by EU, G7 of Allied Countries
Categories: News Flash
Date: Oct 31, 2022
Highlighting an obvious issue, shipbroker Gibson attempts to shed light on how will the latest roun...
Union Risk Looming Large Again at Korean Shipbuilders
Categories: News Flash
Date: Oct 31, 2022
Union risk is looming large again in the Korean shipbuilding industry, as the unionists at the thre...
BRICS need to consider instituting common rating regime: expert
Categories: News Flash
Date: Oct 31, 2022
The members of the BRICS (Brazil, Russia, India, China and South Africa) need to explore the feasib...
Women In Maritime Have Shown Leadership During The Pandemic Crisis, 61% Of Participants Of A Covid Survey Believe
Categories: News Flash
Date: Oct 31, 2022
WISTA International (Women’s International Shipping and Trading Association) and the researchers ...
Britain prioritising India trade deal but can’t give timeline, minister says
Categories: News Flash
Date: Oct 31, 2022
Britain is prioritising reaching a free-trade agreement with India, its foreign minister told Reute...
VesselsValue: Handysize values moving up in October, While LNG Values Skyrocket
Categories: News Flash
Date: Oct 29, 2022
Handysize values have increased this month across most ages, following a period of decline. Values ...
DCT Gdansk becomes ‘Baltic Hub’
Categories: News Flash
Date: Oct 29, 2022
DCT Gdansk, the largest and fastest-growing container complex in the Baltic Sea region has a new na...
V.O. Chidambaranar Port handles record volume of windmill blades
Categories: News Flash
Date: Oct 29, 2022
V.O. Chidambaranar Port in Tuticorin, Tamil Nadu handled 120 number of imported windmill blades, th...
Panama Canal Readies to Accommodate Peak Season Fluctuations
Categories: News Flash
Date: Oct 29, 2022
October typically marks the start of peak season at the Panama Canal, as the global shipping indust...
PIL introduces intermodal services to strengthen connectivity
Categories: News Flash
Date: Oct 29, 2022
In line with its drive to enhance connectivity for customers, Pacific International Lines (PIL) is ...
MOL concludes charter agreement for LNG Carrier with an Energy Major
Categories: News Flash
Date: Oct 29, 2022
In 3Q 2022, Mitsui O.S.K. Lines, Ltd.(“MOL”) and an Energy Major (“Charterer”) signed a mul...
Pacific Basin Shipping : Chooses Methanol as Preferred Fuel for Commercially Viable Zero-Emission Vessels
Categories: News Flash
Date: Oct 29, 2022
Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, wishes to...
Retreat in larger vessel rates drags Baltic index to worst week in 3 months
Categories: News Flash
Date: Oct 29, 2022
The Baltic Exchange’s dry bulk sea freight index (.BADI) on Friday marked its worst week since ea...
US Crude Oil Exports to Europe Have Risen by 52.2% So Far This Year
Categories: News Flash
Date: Oct 29, 2022
The rerouting of seaborne crude oil trade is in full swing, as evidenced by the fact that the EU is...