News Flash
India’s Russian oil binge sends Middle East imports to 19-mth low -trade
Categories: News Flash
Date: Oct 29, 2022
India’s oil imports from the Middle East fell to a 19-month low in September while Russian import...
COP27: World on track to increase emissions 10.6% by 2030 – UN report
Categories: News Flash
Date: Oct 28, 2022
If countries fulfill their current climate commitments, global greenhouse gas emissions will rise b...
Silverstream Technologies helps drive Carnival Corporation’s decarbonisation ambitions with air lubrication technology
Categories: News Flash
Date: Oct 28, 2022
British clean technology company Silverstream Technologies has today announced that it has signed a...
Baltic index extends losses to seventh day on waning vessel demand
Categories: News Flash
Date: Oct 28, 2022
The Baltic Exchange’s dry bulk sea freight index (.BADI), which tracks prices for ships carrying ...
LNG ships play waiting game off Spain’s coast as higher prices eyed
Categories: News Flash
Date: Oct 28, 2022
Several ships carrying liquefied natural gas (LNG) anchored off Spain’s Bay of Cadiz are likely t...
World Container Index Down by 7% This Week, 35th in a Row
Categories: News Flash
Date: Oct 28, 2022
Drewry’s composite World Container Index decreased by 7% to $3,145.11 per 40ft container this wee...
Tankers at Sea Insight: VLCC segment breaks out of rut as higher employment in summer buoys earnings
Categories: News Flash
Date: Oct 28, 2022
More VLCCs managed to secure employment in August, as higher demand for crude spurred by stronger r...
EU clean oil product imports up 18.3% y/y on increased Asian volumes
Categories: News Flash
Date: Oct 28, 2022
Excluding intra-EU trade, the European Union’s average monthly clean oil product imports amounted...
Safe Bulkers Management and Safety Management Overseas Sign Cooperation Agreement with OTG
Categories: News Flash
Date: Oct 28, 2022
During Maritime Cyprus 2022, maritime learning and operational technology company, Ocean Technologi...
Dry Bulkers Values Enter Bearish Territory
Categories: News Flash
Date: Oct 28, 2022
The dry bulk market has failed to impress over the past few weeks, with the gloom now starting to t...
Shippers losing interest in Ctg-Kolkata coastal route
Categories: News Flash
Date: Oct 28, 2022
Bangladeshi company Marine Trust Limited began transporting goods on the Chattogram-Kolkata route i...
GTT unveils its innovative three-tank LNG carrier concept with two Approvals in Principle
Categories: News Flash
Date: Oct 27, 2022
GTT announces that it has received two Approvals in Principle (AiP) for its innovative three-tank L...
DP World reports 2.5% like-for-like volume growth
Categories: News Flash
Date: Oct 27, 2022
DP World Limited handled 59.6 million TEU (twenty-foot equivalent units) across its global portfoli...
FUJAIRAH DATA: Oil product stockpiles climb to two-week high
Categories: News Flash
Date: Oct 27, 2022
Oil product stockpiles at the UAE’s Port of Fujairah resumed gains in the week ended Oct. 24 as h...
Over 48m tons of goods loaded, unloaded in ports of Hormozgan in H1
Categories: News Flash
Date: Oct 27, 2022
As announced by a provincial official, 48.5 million tons of goods were loaded and unloaded in the p...
First-of-its-kind Study Finds JIT Dramatically Cuts Emissions
Categories: News Flash
Date: Oct 27, 2022
Today, all stakeholders agree that the decarbonization of shipping is a key priority. We are united...
Orders For Inert Gas Systems Soar As Shipowners Look Towards Meeting New Emissions Targets
Categories: News Flash
Date: Oct 27, 2022
Survitec’s Maritime Protection brand has registered a significant increase in orders for Inert Ga...
Finally emission-free cargo ship in the water: The conversion of De Tukker into a sailing cargo ship is not without its setbacks
Categories: News Flash
Date: Oct 27, 2022
With the vision of solving the problem of shipping pollution, the EcoClipper cooperative bought a l...
Baltic index falls to over 1-month low on weakness across vessels
Categories: News Flash
Date: Oct 27, 2022
The Baltic Exchange’s dry bulk sea freight index (.BADI), which tracks prices for ships carrying ...
Pantheon Tankers Management “Sea Onyx” and “Sea Sapphire” delivered with DNV class
Categories: News Flash
Date: Oct 27, 2022
Two new suezmax tankers, ‘Sea Onyx’ and ‘Sea Sapphire’, were recently delivered to Pantheon...
Lack of Tonnage Keeps Hampering the Ship Recycling Market
Categories: News Flash
Date: Oct 27, 2022
The ship recycling market is “hungry” for more vintage tonnage, which is rather scarce at prese...
Global maritime SAR community honoured as IMRF reveals winners of annual awards
Categories: News Flash
Date: Oct 25, 2022
The International Maritime Rescue Federation (IMRF) has announced the winners of this year’s IMRF...
Euronav contracts two new Suezmax vessels for 2024 delivery
Categories: News Flash
Date: Oct 25, 2022
Euronav NV announces that it has entered into an agreement with Daehan Shipbuilding Co. Ltd. for tw...
MOL Signs ‘Women’s Empowerment Principles (WEPs)’
Categories: News Flash
Date: Oct 25, 2022
Mitsui O.S.K. Lines, Ltd. yesterday announced its endorsement of the Women’s Empowerment Principl...
Samskip confirms 90% cut in ship CO2 emissions
Categories: News Flash
Date: Oct 25, 2022
New agreement with GoodFuels consolidates position of biofuels as key component in Samskip’s stra...
NYK to Participate in Joint Study to Convert Organic Materials Processed aboard Oceangoing Vessels into Fuel
Categories: News Flash
Date: Oct 25, 2022
Astomos Energy Corporation (Astomos Energy), Sustainable Energy Development Co. Ltd. (Sustainable E...
Women seafarers experience onboard gender-based discrimination, harassment and bullying – a shocking maritime report reveals
Categories: News Flash
Date: Oct 25, 2022
An in-depth survey in the maritime industry revealed shocking figures in gender-based discriminatio...
Baltic index falls to 3-week low on weakness across vessel segments
Categories: News Flash
Date: Oct 25, 2022
The Baltic Exchange’s dry bulk sea freight index (.BADI) dropped to its lowest since early Octobe...
South Africa’s Coal Export to the EU up 582.7% During 2022
Categories: News Flash
Date: Oct 25, 2022
As the world scrambles to secure energy supplies, coal trade has started to grow again, with countr...
For port team chief, dreams of automation come true
Categories: News Flash
Date: Oct 25, 2022
These days, on the automated terminal at the Qingdao Port, run by Shandong Port Group, all containe...
Seadrill Limited announces sale of shareholding in Paratus Energy Services Limited
Categories: News Flash
Date: Oct 22, 2022
Seadrill Limited announces that it has entered into binding Share Purchase Agreements (“SPAs”) ...
Offshore wind JIP lays ground for jack-up installation standards as industry expands
Categories: News Flash
Date: Oct 22, 2022
Offshore wind turbine installation is today only done in very benign weather conditions due to the ...