News Flash
Asia-US container rates continue to fall, nearing pre-pandemic levels as imports slow
Categories: News Flash
Date: Oct 11, 2022
Rates for shipping containers from east Asia and China to the US continued to fall this week and ar...
Tankers: VLCC Market Lower This Week
Categories: News Flash
Date: Oct 11, 2022
Clean In the Middle East Gulf this week most LR runs have seen more declines from inactivity. TC...
Shipping industry flays crew change ban during monsoon at Paradip Port
Categories: News Flash
Date: Oct 11, 2022
The shipping industry is up in arms over restrictions placed by Paradip Port Authority on crew ch...
Indian transit container gets stuck at Chattogram port for 24 days
Categories: News Flash
Date: Oct 11, 2022
An Indian transit container, carrying eight tonnes of tea, has got stuck at Chattogram port for the...
New interim Chief Executive of Maritime and Coastguard Agency announced
Categories: News Flash
Date: Oct 11, 2022
Damien Oliver has been appointed as the interim Chief Executive of the Maritime and Coastguard Agen...
US Ports and Terminals Sustain Increased Cybersecurity Attacks
Categories: News Flash
Date: Oct 11, 2022
Jones Walker LLP, this week, publicly released the findings of its 2022 Ports and Terminals Cyberse...
A delegation from Cavotec, a company specialising in clean technologies, visits the Port of Valencia
Categories: News Flash
Date: Oct 11, 2022
A delegation from Cavotec, a leading company in the application of clean technologies applicable to...
CMA CGM to launch MOROCCO SHUTTLE, a new Butterfly service linking Morocco, France & Spain
Categories: News Flash
Date: Oct 11, 2022
As there are always BETTER WAYS to address a market, CMA CGM – Short Sea Lines Division is please...
MOL Finances Second Ship through Transition Linked Loans- ESG Financing for Bulk Carrier SHOFU MARU, Featuring Wind Challenger Sail System
Categories: News Flash
Date: Oct 11, 2022
Mitsui O.S.K. Lines, Ltd. announced that it signed a deal for financing, through a transition linke...
Cyprus Shipping Deputy Ministry Establishes New Maritime Entity To Simplify Operations For Shipowners
Categories: News Flash
Date: Oct 11, 2022
The Cyprus Shipping Deputy Ministry (SDM) has enacted the “Shipping Limited Liability Company (S....
NEDO Demonstration Project: Demonstration Test Ship for Liquefied CO2 Transportation has broken ground
Categories: News Flash
Date: Oct 11, 2022
A groundbreaking ceremony for the hull of the demonstration test ship for liquefied CO2 transportat...
Current Geopolitical tensions To Shape the Tanker Market for Years to Come
Categories: News Flash
Date: Oct 11, 2022
The tanker market is about to enter a new era of increased volatility to go hand-in-hand with the c...
Indian Register of Shipping (IRS) awarded noise & amp; vibration measurement and analysis work by Colombo Dockyard PLC
Categories: News Flash
Date: Oct 11, 2022
Indian Register of Shipping (IRS) has been providing services towards noise and vibration measureme...
Drewry: World Container Index Down 8% This Week
Categories: News Flash
Date: Oct 11, 2022
Drewry’s composite World Container Index decreased by 8% to $3,688.75 per 40ft container this wee...
Greece: 21 dead, dozens missing, after two migrant ships sink
Categories: News Flash
Date: Oct 11, 2022
Bodies floated amid splintered wreckage in the wind-tossed waters off a Greek island Thursday as th...
Direct routes from Ctg to major ports halve shipment time and cost
Categories: News Flash
Date: Oct 11, 2022
In April 2021, over 25,000 imported containers were stuck at transshipment ports in Sri Lanka, Sing...
Indonesians stuck on vessel in Kaohsiung set to be relieved: Port authority
Categories: News Flash
Date: Oct 11, 2022
The Maritime and Port Bureau has agreed to the entry of nine Burmese sailors to relieve eight Indon...
Freight rates drop 50% as global trade slows
Categories: News Flash
Date: Oct 11, 2022
Bangladesh’s ocean freight charges have registered a 50% fall from the pandemic-led massive surge...
ÈTA Shipping signs contract with Lloyd’s Register for plan approval
Categories: News Flash
Date: Oct 11, 2022
On Monday, October 3rd, 2022, ÈTA Shipping rewarded Lloyd’s Register Rotterdam with the plan app...
IMO Low Carbon Global Industry Initiative celebrates milestone
Categories: News Flash
Date: Oct 11, 2022
The IMO-Norway GreenVoyage2050 has celebrated five years of its Global Industry Alliance to Support...
Rolls Royce : “Green methanol” will power innovative MTU Marine Engines
Categories: News Flash
Date: Oct 11, 2022
Green methanol has the potential to shape the energy transition. Often referred to as e-methanol an...
TotalEnergies to offer biofuels for ships in Singapore from next year
Categories: News Flash
Date: Oct 11, 2022
TotalEnergies will start offering biofuels as a bunkering fuel to its customers in Singapore from n...
China’s commodity shipping demand to improve from Q4 – execs
Categories: News Flash
Date: Oct 11, 2022
China’s demand for commodity shipments is expected to improve in the fourth quarter as investment...
Seaborne Crude Oil Loadings Proper Tanker Market to New Highs
Categories: News Flash
Date: Oct 11, 2022
The tanker market has taken advantage of a diminishing tonnage supply, combined with a significant ...
India: Union Minister for Shipping exhorts ports to focus on initiatives to promote ‘Green Shipping’
Categories: News Flash
Date: Oct 06, 2022
Better infrastructure at ports would improve their performance and help prepare a roadmap for port-...
DSME lands LNG Carrier orders Worth KRW1.85tn
Categories: News Flash
Date: Oct 06, 2022
Daewoo Shipbuilding & Marine Engineering (DSME), which is to be sold off to Hanwha Group, has w...
Quang Ninh to further facilitate operation of int’l container shipping firms
Categories: News Flash
Date: Oct 06, 2022
To attract international container shipping companies, the Maritime Administration of Quang Ninh ha...
Mersin International Port (MIP) launches grand traffic project around the Mersin port
Categories: News Flash
Date: Oct 06, 2022
On 26 September 2022, MIP held a ceremony in the presence of the Governor of the Mersin province Al...
Rival of container shipper Matson can proceed with Antitrust lawsuit
Categories: News Flash
Date: Oct 06, 2022
Two Matson Inc subsidiaries must face claims from rival container shipping company American Preside...
U.S. barge backlog swells on parched Mississippi River
Categories: News Flash
Date: Oct 06, 2022
Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tues...
Alfa Laval to be a technology partner for the world´s first project to demonstrate end-to-end shipboard carbon capture at scale
Categories: News Flash
Date: Oct 06, 2022
Alfa Laval will be a technology partner in the joint project initiated by the Global Centre for Mar...
Canadian Coast Guard takes important steps to reduce fleet emissions
Categories: News Flash
Date: Oct 06, 2022
Reducing carbon emissions is one of the most important ways Canada and Canadians can fight against ...