News Flash
China Ningbo Containerized Freight Index Down 11.6 pct
Categories: News Flash
Date: Sep 12, 2022
The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s frei...
Russian Oil Still Flowing To Europe Via Waters Off Greece
Categories: News Flash
Date: Sep 12, 2022
The West has sanctioned Russia over its invasion of Ukraine, but Russian oil continues to flow to E...
Cruel Summer For Container, Dry Bulk Stocks As Sun Shines On Tankers
Categories: News Flash
Date: Sep 12, 2022
Stocks of container and dry bulk shipowners took a beating this summer. Tanker stocks continued the...
Ardmore Shipping To Consider Building Methanol-Fueled Tankers
Categories: News Flash
Date: Sep 12, 2022
Leading tankers’ major, Ardmore Shipping may consider ordering new ships with an option to run on...
Tanker Market Eased This Week
Categories: News Flash
Date: Sep 12, 2022
Clean For the Middle East clean market it has been muted compared to last week. TC1 saw marginal...
Dry Bulk Market: Capesize Sector Flat On Mixed Performance
Categories: News Flash
Date: Sep 12, 2022
Capesize The Capesize sector spent the week trundling along the market floor as the last few day...
Shipping’s Emissions Reduction Regulation Should Take Trade Practice Into Account
Categories: News Flash
Date: Sep 12, 2022
Shipping is about to experience its latest round of emission reduction this coming January and alre...
SAFEEN Feeders Launches New UAE-China Service
Categories: News Flash
Date: Sep 12, 2022
AD Ports Group’s SAFEEN Feeders has launched a new UAE-China service, deploying a recently purcha...
West Coast Port Congestion Leads Norfolk Southern, Union Pacific To Test New Ideas In Cross-Country Rail Shipping
Categories: News Flash
Date: Sep 12, 2022
Ongoing rail congestion at West Coast ports has created an opportunity for East Coast ports, contai...
LR Award ‘Digital Twin Approved Certification’ To Furuno For HermAce VDR
Categories: News Flash
Date: Sep 12, 2022
LR has awarded Furuno Hellas with ‘Digital Twin Approved Certification’ for its ground-breaking...
APM Terminals Pipavav Sets High Performance Standard In Ship Movement
Categories: News Flash
Date: Sep 10, 2022
APM Terminals Pipavav believes in high operation standards. In pursuit of operational excellence an...
India’s BPCL Plans To Load Sokol Cargo In Sept
Categories: News Flash
Date: Sep 10, 2022
Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barre...
Russian Vessels With Oil Enter EU Via Hidden Maritime Routes Off Coast Of Greece
Categories: News Flash
Date: Sep 10, 2022
Dozens of vessels loaded with Russian oil covertly arrived at European ports, despite the fact...
Athens To Host Agenda-Setting Global Maritime Convention Prestigious Propeller Club’s Annual Event Sets The Tone Of Shipping Industry Discourse
Categories: News Flash
Date: Sep 10, 2022
This year’s International Annual Convention and Conference will be held in Athens this September ...
Hyundai Heavy Industries Shipbuilding Workers’ Union To Vote On Walkout On Oct 19-21
Categories: News Flash
Date: Sep 10, 2022
Unionized workers of Korea’s largest shipbuilder Hyundai Heavy Industries Group have warned of co...
Even With UN Deal, Ukraine Faces Long Haul To Shift Grain Mountain
Categories: News Flash
Date: Sep 10, 2022
Too few ships are arriving in Ukraine to quickly clear mountains of grain built up over months of w...
Shipping Lines And Container Owners In The US Struggle To Return Empty Containers To China
Categories: News Flash
Date: Sep 10, 2022
Shipping lines and container owners in North America (majorly in the US) are finding it difficult t...
Baltic Index Advances As Panamax Segment Logs Best Week In Over 8 Years
Categories: News Flash
Date: Sep 10, 2022
The Baltic Exchange’s main sea freight index rose on Friday and recorded its best week in about f...
Iron Ore Seaborne Is Down This Year And Canada Is No Exception
Categories: News Flash
Date: Sep 10, 2022
The global iron ore seaborne trade has trended lower so far this year, mainly as a result of China...
Navis, DNV Join Forces To Minimize Container Loss
Categories: News Flash
Date: Sep 09, 2022
Navis and DNV have announced a new joint solution to minimise the risk of container incidents at s...
Adani-Led Group Gets Extension To Complete Haifa Port Purchase
Categories: News Flash
Date: Sep 09, 2022
A consortium led by India's Adani Group has requested and received an extension from the Israeli go...
APM Terminals Pipavav Sets High Performance Standard In Ship Movement
Categories: News Flash
Date: Sep 09, 2022
APM Terminals Pipavav believes in high operation standards. In pursuit of operational excellence an...
DSME Wins Order For 7 LNG Carriers Worth Over KRW2tn
Categories: News Flash
Date: Sep 09, 2022
Daewoo Shipbuilding & Marine Engineering (DSME) announced that it has won an order for seven li...
Kongsberg Digital And Shell Marine Sign MoU To Help Decarbonize The Maritime Industry
Categories: News Flash
Date: Sep 09, 2022
Kongsberg Digital, a subsidiary of KONGSBERG, and Shell Marine signed an MoU today to work together...
Baltic Index Up As Panamax Rates Climb For Sixth Session
Categories: News Flash
Date: Sep 09, 2022
The Baltic Exchange’s main sea freight index extended gains on Thursday as rates for the panamax ...
Ukraine Exports Reach 2.1 mln Tonnes Under Grain Deal, Russia Raises Fresh Concerns
Categories: News Flash
Date: Sep 09, 2022
On 22 July, Russia and Ukraine signed an agreement to allow grain exports from three ports in Ukrai...
Dry Bulk Market Depressed, Despite Recent Glimmer Of Hope
Categories: News Flash
Date: Sep 09, 2022
The dry bulk market has continued to remained depressed, although some signs of a tentative rebound...
Bollore Logistics And Hapag-Lloyd Commit On Sustainable Maritime Transport
Categories: News Flash
Date: Sep 09, 2022
Bolloré Logistics has recently signed an agreement with strategic partner Hapag-Lloyd to promote t...
U.S.-India 2+2 Intersessional And Maritime Security Dialogues
Categories: News Flash
Date: Sep 09, 2022
Department of Defense Spokesperson John Supple provided the following statement: Assistant Secre...
Global Economy Slides Into Contraction, Price Pressures Ease To 1½ Year Low
Categories: News Flash
Date: Sep 08, 2022
Global economic output contracted in August for the first time since June 2020, according to the la...
Clyde & Co Secures Victory In USD 70m Oil Tanker Disappearance Claim
Categories: News Flash
Date: Sep 08, 2022
Global law firm Clyde & Co has successfully represented Al Buhaira National Insurance Company (...
Hyundai Shipbuilding Group Works With Hyundai Glovis To Develop World’s Largest LCO2 Carrier
Categories: News Flash
Date: Sep 08, 2022
South Korea’s Hyundai shipbuilding group partnered with Hyundai Glovis to develop the world’s l...