News Flash
Hanwha Signs Conditional Takeover Deal With DSME For W2tr
Categories: News Flash
Date: Sep 27, 2022
South Korea’s defense-to-energy conglomerate Hanwha Group said Monday it has signed a conditional...
Mediterranean Shipping Co. Connects Jeddah Port With 10 Global Ports
Categories: News Flash
Date: Sep 27, 2022
Geneva-headquartered Mediterranean Shipping Co. will introduce a new call to its Himalaya Express S...
Rhine Water Depth Up From Crisis Levels, Could Normalise This Week
Categories: News Flash
Date: Sep 27, 2022
Water depths on the Rhine in Germany could rise to normal levels this week, with forecasts of heavy...
Liberian Registry Official Statement Regarding Government Appointees In South Korea
Categories: News Flash
Date: Sep 27, 2022
The Liberian Registry which is privately administered by the Liberian International Ship & Corp...
China’s Freight Indices Record Mixed Performance
Categories: News Flash
Date: Sep 27, 2022
China’s index of export container transport fell in the week ending on Sept 23, according to the ...
EU Sanctions, Price Cap On Russian Oil To Raise Shipping Hurdles
Categories: News Flash
Date: Sep 27, 2022
Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrel...
LNG Still A Viable Solution For Maritime Decarbonization Despite Hurdles
Categories: News Flash
Date: Sep 27, 2022
A debate over LNG’s viability as a marine fuel for achieving net-zero carbon emissions sparked by...
Baltic Index Edges Lower On Weaker Rates For Larger Vessels
Categories: News Flash
Date: Sep 27, 2022
The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk ...
Shipping At The Forefront Of EU’s Energy Conuncrum
Categories: News Flash
Date: Sep 27, 2022
Shipping and more specifically, tankers, are bound to find themselves at the forefront of EU’s up...
East Africa Exporters Brace For Impact As Suez Canal Tolls Rise
Categories: News Flash
Date: Sep 26, 2022
The increase in transit tolls for ships passing through the Suez Canal by 15 percent is likely to i...
West Coast Ports Sink To Lowest Share Of US Imports Since Early 1980s
Categories: News Flash
Date: Sep 26, 2022
The West Coast was the destination of choice for Asian exports in the initial stage of the COVID bu...
Canada And United Arab Emirates First To Back Maritime Sector’s Green Fuel Initiative
Categories: News Flash
Date: Sep 26, 2022
Representatives of the maritime sector have officially launched an initiative to catalyze the suppl...
World Needs Maritime Trade To Brave Rough Seas Of Crises, UNCTAD Chief Says
Categories: News Flash
Date: Sep 26, 2022
The world again needs the shipping industry to brave the rough seas of crises, UNCTAD Secretary-Gen...
Asia-US Container Rates Plunge As Inflation, Recession Fears Stunt Demand
Categories: News Flash
Date: Sep 26, 2022
Rates for shipping containers from east Asia and China to both US coasts continued to plummet this ...
Suezmax And VLCC Tonnage To Benefit From EU Imports Of Guyanese Crude
Categories: News Flash
Date: Sep 26, 2022
The increasing needs of crude oil imports into the EU, sourced from different markets to the Russia...
Environmental Technologies In Focus On World Maritime Day 2022
Categories: News Flash
Date: Sep 26, 2022
The International Maritime Organization is shining a spotlight on the role of emerging technologies...
Lost At Sea: EU States’ €20 Billion Giveaway To The Shipping Industry
Categories: News Flash
Date: Sep 26, 2022
Executive SummaryThe European Commission proposed to include maritime shipping in its Emissions Tra...
Tankers: VLCC Rates Climb Higher, While Products on the Retreat
Categories: News Flash
Date: Sep 26, 2022
Clean Freight levels in the Middle East Gulf continued to tumble this week. TC1 shed 30 points t...
Dry Bulk Market: Capesizes Keep Rebounding
Categories: News Flash
Date: Sep 26, 2022
Capesize The market continued to lurch its way upward as rates strengthened in flurries with num...
Indian National Convicted Of Corruption In Shipping Company Deals In Singapore
Categories: News Flash
Date: Sep 24, 2022
A 51-year-old Indian national was on September 22 convicted of seven corruption and related charges...
Port Of Antwerp-Bruges First Port To Introduce GDP Certificate For Distribution Of Pharmaceuticals
Categories: News Flash
Date: Sep 24, 2022
GDP guidelines now enshrined in certificateDomestic and foreign stakeholders from the Life Sciences...
Cosco Shipping Captive Joins The Poseidon Principles For Marine Insurance
Categories: News Flash
Date: Sep 24, 2022
The Poseidon Principles for Marine Insurance create a common global baseline for assessing and disc...
The Standard Club PEME Scheme – Benefitting Members And Seafarers
Categories: News Flash
Date: Sep 24, 2022
Our PEME scheme is focused on ensuring that members receive seafarers’ PEME certificates that the...
Furetank Orders Vessel 14 And 15 In The Climate Friendly Vinga Series
Categories: News Flash
Date: Sep 24, 2022
Furetank has signed a contract for two more dual-fuel tankers. This means that six sister ships hav...
Maersk Drilling Secures Four-Well Contract Offshore Denmark
Categories: News Flash
Date: Sep 24, 2022
Maersk Drilling has been awarded a contract with INEOS E&P A/S for the provisioning of the hars...
Depleted Rhine Water Level In Germany Holds Above Crisis Lows
Categories: News Flash
Date: Sep 24, 2022
Water depths on the river Rhine in Germany have fallen after dry weather this week but remain well ...
AAL Named Ship Operator Of The Year At The HLPFI Awards 2022
Categories: News Flash
Date: Sep 24, 2022
AAL Shipping (AAL) has been named the ‘Ship Operator of the Year’ at the annual Heavy Lift and ...
Demand, Capacity And Spot Rates Slump On Key Far East To US West Coast Corridor
Categories: News Flash
Date: Sep 24, 2022
Carriers are fighting to shore up falling spot rates from the Far East to US West Coast, blanking s...
China’s Coal Imports Disappointing So Far In 2022
Categories: News Flash
Date: Sep 24, 2022
In its latest weekly report, shipbroker Banchero Costa said that “so far in 2022, global coal tra...
India Set To Skip Buying Russia’s ESPO Crude In Sept As Freight Costs Jump
Categories: News Flash
Date: Sep 23, 2022
Indian refiners are set to skip purchases of Russia ESPO crude oil this month due to higher freight...
Clyde & Co Offering Puts Legal Expertise At Heart Of Fight Against Cyber Crime
Categories: News Flash
Date: Sep 23, 2022
Global law firm Clyde & Co has today announced the launch of a new end-to-end international off...
AD Ports Group Reaches Key Milestone In Construction Of CMA Terminals Khalifa Port
Categories: News Flash
Date: Sep 23, 2022
AD Ports Group has installed the first 90-tonne block for the quay wall of the new CMA Terminals Kh...