News Flash

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Navios Maritime Holdings Inc. Launches $20 Million Tender Offer For Its Series G And Series H American Depositary Shares

Categories: News Flash

Date: Sep 16, 2022

Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), announced to...

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Iran May Urge India To Restart Oil Import

Categories: News Flash

Date: Sep 16, 2022

Iran will nudge India towards reviving its procurement of discounted Iranian sweet crude during a m...

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India Pitches For Trans-Shipment Of Goods Bound For Bangladesh Via Indian Ports

Categories: News Flash

Date: Sep 16, 2022

The use of Indian ports for trans-shipment of goods such as raw materials for Bangladesh’s ready-...

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India: Shipping Industry’s FY23 Margins May Fall To 25-30%

Categories: News Flash

Date: Sep 15, 2022

Margins of the domestic shipping industry may decline to 25-30% in the current fiscal, after hoveri...

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Chinese Shipyard Completes FPSO Vessel For LNG Project In Africa

Categories: News Flash

Date: Sep 15, 2022

Chinese shipyard COSCO Shipping Heavy Industry has completed the construction of a floating product...

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German Coalition Divided Over Chinese Bid For Hamburg Port Terminal

Categories: News Flash

Date: Sep 15, 2022

Germany’s ruling coalition is divided over whether to let China’s Cosco take a stake in a Hambu...

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MSC Is Rerouting Its Ships. To Save Blue Whales

Categories: News Flash

Date: Sep 15, 2022

The Mediterranean Shipping Company (MSC) has started to reroute its ships on the shipping lanes off...

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Safety, Legal And Facilitation Aspects Of Autonomous Shipping Discussed :MASS

Categories: News Flash

Date: Sep 15, 2022

Regulating Maritime Autonomous Surface Ships (MASS) has implications for safety, legal and facilita...

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LNG Shipping Rates Top $100,000/Day, Oil Tanker Rates Still Rising

Categories: News Flash

Date: Sep 15, 2022

In a typical year, winter demand in the Northern Hemisphere pumps up rates for tankers carrying cru...

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China Issues More Export Quotas For Clean Marine Fuel – Trade

Categories: News Flash

Date: Sep 15, 2022

China has issued a fourth batch of export quotas for very low sulphur fuel oil (VLSFO) of 2.75 mill...

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Baltic Dry Bulk Index Rises On Gains Across Vessel Segments

Categories: News Flash

Date: Sep 15, 2022

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

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Newbuilding Activity Increases After The Summer Holidays

Categories: News Flash

Date: Sep 15, 2022

The newbuilding market has picked up the pace over the past week. In its latest weekly report, ship...

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Indian Navy's INS Satpura Reaches Australia For Multinational Exercise

Categories: News Flash

Date: Sep 14, 2022

Exercise Pitch Black 22 was hosted by the Royal Australian Air Force at its Darwin Air Base. Spanni...

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Bunker Holding Accelerates Sustainability Initiatives In First Ever ESG Report

Categories: News Flash

Date: Sep 14, 2022

As the next step in the Group’s sustainability journey, Bunker Holding can now present its first ...

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Peninsula Appoints Technology Partner Veson Nautical To Increase Fleet Visibility

Categories: News Flash

Date: Sep 14, 2022

Peninsula, a global leader in the supply of marine fuels, has today announced its selection of Veso...

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MOU Signed With Maersk Training On Training For Offshore Wind Personnel And Alternative Fuel Seafarer Education

Categories: News Flash

Date: Sep 14, 2022

ClassNK has signed an MOU (Memorandum of Understanding) with Maersk Training A/S regarding training...

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Xeneta Raises $80 Million Led By Apax Digital

Categories: News Flash

Date: Sep 14, 2022

Xeneta, the leading ocean and air freight rate benchmarking and market analytics platform, today an...

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Peters & May Reports Continued Growth And New Appointments

Categories: News Flash

Date: Sep 14, 2022

World-leading global Freight Forwarding specialists Peters & May has continued to strengthen du...

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Capesize Bounce Propels Baltic Index To Best Day In 7 Months

Categories: News Flash

Date: Sep 14, 2022

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

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Staff At Britain’s Biggest Container Port Felixstowe To Strike Again

Categories: News Flash

Date: Sep 14, 2022

Workers at Britain’s biggest container port Felixstowe plan to stage a second eight-day strike ov...

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Ports In Eastern China At Standstill As Typhoon Muifa Closes In

Categories: News Flash

Date: Sep 14, 2022

China’s eastern Zhejiang province ordered ships to return to port, asked schools to close and eva...

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South-East Asian Ports Record More Action Ahead Of Peak Season

Categories: News Flash

Date: Sep 14, 2022

As China grapples with the zero COVID policy and resulting lockdowns, the demand for containers dec...

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Shipping Rates Plunge As Experts Say ‘Unprecedented’ Boom Has Peaked

Categories: News Flash

Date: Sep 13, 2022

Ocean shipping rates on major trade routes have fallen by more than half since the beginning of thi...

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China’s Weekly Export Container Shipping Index Down

Categories: News Flash

Date: Sep 13, 2022

China’s index of export container transport declined in the week ending on Sept. 9, according to ...

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Gas And Heat And Bureau Veritas Make Cargo/Fuel Tank Compatible With Both LNG And Ammonia

Categories: News Flash

Date: Sep 13, 2022

Bureau Veritas (BV), a world leader in testing, inspection and certification, has awarded an Approv...

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Shipping’s China Syndrome: Demand Sinks Across Multiple Cargo Markets

Categories: News Flash

Date: Sep 13, 2022

In the mid-2000s, when shipping stocks first became popular on Wall Street, the shares were commonl...

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Baltic Index Rises On Higher Rates For Larger Vessels

Categories: News Flash

Date: Sep 13, 2022

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

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Dry Bulk Market: EU’s Ban On Russian Coal Lifts Demand Despite Economic Headwinds

Categories: News Flash

Date: Sep 13, 2022

Highlights– The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply a...

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Japan-India Maritime Exercise, JIMEX 2022, Begins In The Bay Of Bengal

Categories: News Flash

Date: Sep 13, 2022

The sixth edition of Japan-India Maritime Exercise 2022 (JIMEX 22) hosted by Indian Navy began in t...

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CM Patel Praises Gujarat's Development As Maritime

Categories: News Flash

Date: Sep 13, 2022

Chief Minister Bhupendra Patel, praised the Narendra Modi government for making Gujarat a maritime ...

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Right Time To Invest In Expanded & Upgraded India’s Ports Sector To Strengthen Logistics

Categories: News Flash

Date: Sep 13, 2022

Commerce and Industry Minister Shri Piyush Goyal visited US and highlighted how digitisation is pow...

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AMTOI Calls For Ports And Infra Development In Eastern Region

Categories: News Flash

Date: Sep 13, 2022

AMTOI (Association of Multimodal Transport Operators of India), the only Pan India trade body in sh...