News Flash

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India’s Oil Imports From Russia Fall In Last Two Months, Down 25% From June

Categories: News Flash

Date: Sep 05, 2022

In the last two months, India’s crude oil imports from Russia have declined. However, the overall...

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Container Freight Spot Market Continues To Sit Below Contracted Rates

Categories: News Flash

Date: Sep 05, 2022

High inflation levels, inventory surpluses and inflated costs of living have hampered appetite for ...

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British Port Workers Plan Two-Week Strike From Sept. 19

Categories: News Flash

Date: Sep 05, 2022

More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, wil...

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Gibraltar Says Heavy Oil Leaking Into Sea From Cargo Ship

Categories: News Flash

Date: Sep 05, 2022

Gibraltar’s government said a stricken bulk carrier had leaked a small amount of heavy fuel oil i...

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Tanker Refloated After Breakdown In Egypt’s Suez Canal

Categories: News Flash

Date: Sep 05, 2022

Tug boats refloated an oil tanker that was briefly stranded in Egypt’s Suez Canal late on Wednesd...

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DNV Appoints New Area Manager For UK & Ireland

Categories: News Flash

Date: Sep 03, 2022

DNV, the world’s leading classification society, is pleased to announce that Tony Linden will ste...

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Yuan Wang Has Maritime Lessons For India

Categories: News Flash

Date: Sep 03, 2022

The Chinese have complete control of Hambantota harbour as Lanka leased it to China Merchants Port ...

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BIMCO Shipping Number Of The Week

Categories: News Flash

Date: Sep 03, 2022

Fresh stimulus could boost Chinese iron ore imports, down 3.3% YTD Preliminary shipping data fro...

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Spot Rates Comparison On Major Trade Routes

Categories: News Flash

Date: Sep 03, 2022

The recent trend of falling spot rates has left many shippers and the wider container shipping indu...

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Clear Seas Report On “Scrubbers” Provides Background In The Use Of These Anti-Pollution Devices For Shipping

Categories: News Flash

Date: Sep 03, 2022

Scrubbers are a relatively simple technology designed to remove polluting sulphur oxides from a com...

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MISC Sets The Record As The Award Recipient For Strongest Commitment To Sustainable Energy Transportation

Categories: News Flash

Date: Sep 03, 2022

MISC Berhad (MISC or the Company) was honoured as the award recipient of the Strongest Commitment t...

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Wilson Sons Is The First Company In Latin America To Join TIC 4.0

Categories: News Flash

Date: Sep 03, 2022

Wilson Sons, Brazil’s leading integrated port and maritime logistics operator, has been selected ...

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Maersk Hit With $180 Million Contract Claim From New York Shipper

Categories: News Flash

Date: Sep 03, 2022

A New York shipper is legally pursuing Maersk for $180m, claiming the carrier failed to meet contra...

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California Walnut Producers Struggle To Reach Overseas Markets

Categories: News Flash

Date: Sep 03, 2022

As summer winds down and the holiday season nears, California’s $1 billion walnut industry i...

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EPA Pulls Permit For Proposed Offshore Oil Export Terminal Off Texas

Categories: News Flash

Date: Sep 03, 2022

The U.S. Environmental Protection Agency has revoked the permit for a proposed 1.92 million barrels...

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White Paper –THE KNOWN UNKNOWNS Declassification of the Indian Ocean High Risk Area (HRA)

Categories: News Flash

Date: Sep 02, 2022

As you may be aware, key maritime industry bodies have decided to declassify the High Risk Area (HR...

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VIKING Spearheads Shift To Maritime Safety As A Service

Categories: News Flash

Date: Sep 02, 2022

When SMM kicks off in early September, maritime professionals from all over the world are set to re...

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FMC Receives Complaint Against Maersk

Categories: News Flash

Date: Sep 02, 2022

U Shippers Group Inc., an association of shippers, has filed a complaint with the Federal Maritime ...

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Big Panic: Giant Ship Lady Zehma Whistled And Dived Into Bebek Bay In Bosphorus And Ran Aground

Categories: News Flash

Date: Sep 02, 2022

The cargo ship, which had a rudder failure while cruising from Ukraine to Istanbul, ran aground 40 ...

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NMPL Port Appeals Against Order

Categories: News Flash

Date: Sep 02, 2022

The Navayuga Machilipatnam Port Limited (NMPL) filed an appeal petition challenging the single judg...

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‘Vikrant’ To Be Re-Incarnated On Sept 2: All About India’s First Indigenous Aircraft Carrier, Explained

Categories: News Flash

Date: Sep 02, 2022

The nation’s first Indigenous Aircraft Carrier (IAC-1) will be commissioned on September 2, the ...

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Baltic Index Bounces Back As Capesize Sees Best Day In Over 2-yrs

Categories: News Flash

Date: Sep 02, 2022

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

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ADNOC Sends First Low-Carbon Ammonia Shipment From The UAE To Germany

Categories: News Flash

Date: Sep 02, 2022

Abu Dhabi National Oil Company (ADNOC) announced, today, that its first shipment of low-carbon ammo...

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NAPA Outlines Collaborative Pathways For Safer And Faster Maritime Decarbonization

Categories: News Flash

Date: Sep 02, 2022

As the maritime industry steps up collaboration to address its decarbonization challenge, making it...

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Policymakers Demand An End To Ocean Shipping Pollution

Categories: News Flash

Date: Sep 02, 2022

U.S. Congressman Alan Lowenthal (CA-47) and Edie Chang, Deputy Executive Officer of Planning, Freig...

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KNOT Takes Delivery Of Second LNG-Fueled Shuttle Tanker

Categories: News Flash

Date: Sep 01, 2022

A dual-fuel LNG (liquefied natural gas) shuttle tanker1 ordered by Knutsen NYK Offshore Tankers AS,...

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Container Shipping Profits Will Drop By 80% In 2023/24

Categories: News Flash

Date: Sep 01, 2022

After two years of unprecedented rises container freight rates were seen as having peaked with a do...

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Panama Signs MoU With MSC Shipmanagement Promoting Opportunities For Its Seafarers

Categories: News Flash

Date: Sep 01, 2022

The shipmanagment company is a subsidiary of shipowner Mediterranean Shipping Company (MSC) a major...

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Japan, US Hold Joint Drills With Anti-Ship Missiles

Categories: News Flash

Date: Sep 01, 2022

Japan’s Ground Self-defense Force and the US army held joint military exercises to defend Japan...

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Tanker That Ran Aground In Suez Canal Has Been Refloated

Categories: News Flash

Date: Sep 01, 2022

A Singapore-flagged oil tanker that interrupted navigation in the Suez Canal has been refloated on ...

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Hapag-Lloyd Starts Installation Of Tracking Devices On Its Dry Container Fleet

Categories: News Flash

Date: Sep 01, 2022

Hapag-Lloyd has taken the first step in its major project to equip its entire dry container fleet w...

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Weak Demand Across Vessels Drags Baltic Index To Worst Month In Over 2 Years

Categories: News Flash

Date: Sep 01, 2022

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