News Flash

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India, Iran Sign Lease Agreement In Boost To Chabahar Port Operations

Categories: News Flash

Date: Aug 23, 2022

The Chabahar project in south-eastern Iran is significant as it gives a transit route between India...

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Asia To Spearhead Global Refinery FCCU Capacity Additions Between 2022 And 2026, Says GlobalData

Categories: News Flash

Date: Aug 23, 2022

Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity ad...

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TTI Algeciras Operates A 20,000 TEU Megaship Of COSCO, The Largest To Date

Categories: News Flash

Date: Aug 23, 2022

COSCO’s containership COSCO SHIPPING TAURUS has called for the first time at the TTI ALGECIRAS te...

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Baltic Index Dips Further As Demand Weakens For Larger Vessels

Categories: News Flash

Date: Aug 23, 2022

The Baltic Exchange’s main sea freight index extended its slide on Monday, hitting a fresh 18-mon...

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Shipping Industry To Remove The Indian Ocean High Risk Area

Categories: News Flash

Date: Aug 23, 2022

After more than a decade of effective threat-reducing counter-piracy operations the shipping indust...

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Performance Shipping Inc. Announces Termination Of ATM Offering

Categories: News Flash

Date: Aug 23, 2022

Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping compan...

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As Inflation Soars, Access To Indigenous Foods Declines

Categories: News Flash

Date: Aug 23, 2022

Blueberry bison tamales, harvest salad with mixed greens, creamy carrot and wild rice soup, roasted...

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Global Extreme Weather Patterns Impact Shipbuilding

Categories: News Flash

Date: Aug 23, 2022

The heatwave experienced in parts of the world has seen temperatures of between 40 – 42C recently...

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Orbit’s GX30 Terminal Reveives Type Approval To Operate On Inmarsat Global Xpress Commercial And Military Ka-Band Networks

Categories: News Flash

Date: Aug 22, 2022

Multi-purpose, lightweight aviation terminal provides high forward and return data rates, worldwide...

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A Chemical Tanker And Cargo Ship Crashed Near Southwestern Japan

Categories: News Flash

Date: Aug 22, 2022

A Japanese chemical tanker ship crashed into a cargo ship off the coast of southwestern Japan, the ...

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Slowing Down To Save North Atlantic Right Whales

Categories: News Flash

Date: Aug 22, 2022

The North Atlantic right whale is one of the world’s most endangered large whale species; the lat...

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NAUTILUS Expresses Disappointment At Lack Of Criminal Prosecution For P&O FERRIES

Categories: News Flash

Date: Aug 22, 2022

Friday 19th August, the Insolvency Service announced it was not taking criminal action against P&am...

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Marine Management Organisation Opens Consultation On Virgin Orbit Satellite Launch Project

Categories: News Flash

Date: Aug 22, 2022

Consultation on marine licence application runs from 22 July to 19 August 2022 The Marine Manage...

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Black Sea Dry Bulk Trade Resumes As Spot Grains, Fertilizer Cargoes Enter Market

Categories: News Flash

Date: Aug 22, 2022

The Black Sea dry bulk shipping markets have resumed spot trading as the Ports of Odessa and Yuzhny...

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Pre-Sale Vessel Inspections Put S&P In The Clear

Categories: News Flash

Date: Aug 22, 2022

Over the last six months we have seen a substantial increase in sale and purchase transactions, par...

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Goldman Sees A ‘Feasible But Difficult Path’ For The Fed To Defeat Inflation Without A Recession

Categories: News Flash

Date: Aug 22, 2022

The Federal Reserve’s path to bringing down runaway inflation while keeping the economy from slip...

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Asia Week Ahead: Key Central Bank Moves And Inflation Reports

Categories: News Flash

Date: Aug 22, 2022

(Central bank) decisions decisions decisions…Next week’s Asia calendar features key central ban...

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Wheat Rises On Technical Buying In Rebound From Six-Month Low

Categories: News Flash

Date: Aug 22, 2022

Chicago Board of Trade wheat futures bounced on technical buying on Friday after nearing a six-mont...

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Xeneta Real-Time Container Rates Update: Week 33

Categories: News Flash

Date: Aug 20, 2022

South American spot rate gap set to narrow as shippers take advantage of lower Far East to West Coa...

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Average Container Prices And Leasing Rates Decline In China Amidst Peak Season Shipping

Categories: News Flash

Date: Aug 20, 2022

Average container prices have declined by more than half from the last year in August as China pick...

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Propulsion And Hull Design Can Significantly Reduce Shipping Emissions And Lower Underwater Noise

Categories: News Flash

Date: Aug 20, 2022

International Maritime Organization (IMO) has set ambitious goals to reduce shipping greenhouse gas...

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CMA CGM Group And WHOI Launch Acoustic Monitoring Buoy Off The Coast Of Savannah, To Increase Whale Monitoring Efforts

Categories: News Flash

Date: Aug 20, 2022

Through this new step, the CMA CGM Group strengthens its initiatives to protect the environment and...

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Rhenus Warehousing Solutions Acquires Danish Third-Party Logistics Provider DKI

Categories: News Flash

Date: Aug 20, 2022

Rhenus Warehousing Solutions has signed an agreement to acquire the Danish company DKI Logistics A/...

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India RBI Likely To Set 7.23% Cutoff Yield On New 10-Year Bond – Reuters Poll

Categories: News Flash

Date: Aug 20, 2022

The Reserve Bank of India will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 bill...

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US Gas Storage Levels Increase By Lower-Than-Expected 18 Bcf On Week

Categories: News Flash

Date: Aug 20, 2022

US natural gas working stocks rose by just 18 Bcf during the week ended Aug. 12, well below market ...

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Raw Sugar Prices Edge Up, Coffee Also Climbs

Categories: News Flash

Date: Aug 20, 2022

Raw sugar futures on ICE edged up on Friday as the market consolidated after four successive daily ...

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China Demand Doubts Darken Mood As Miners Baulk At Energy Costs

Categories: News Flash

Date: Aug 20, 2022

The prospect of a global recession and doubts over economic stimulus in China, the world’s bigges...

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Index Accelerates Digitalization Of Port Commodity Trade And Helps Realize Interconnection Between Industrial Chain And Supply Chain

Categories: News Flash

Date: Aug 20, 2022

At the 2022 Qingdao Land-Sea Linkage Seminar held on August 15, 2022, the International Shipping Hu...

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Collaboration The Key To Safer Transport Of Dangerous Goods

Categories: News Flash

Date: Aug 19, 2022

Drawing on the combined expertise and experience in the movement of dangerous goods around the worl...

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China Warns Yangtze Drought Could Last Until Sept As It Races To Protect Harvests

Categories: News Flash

Date: Aug 19, 2022

China’s water ministry warned that severe drought conditions in the upper and middle reaches of t...

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Maritime Digital Challenge Returns For Second Edition With Call For Tertiary Talent To Pit Skills Against Real-World Industry Challenges

Categories: News Flash

Date: Aug 19, 2022

Leading multinationals A.P. Møller Maersk, PSA Cargo Solutions and RightShip join the Singapore Ma...

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BW LNG Names Two New Modern LNG Carriers

Categories: News Flash

Date: Aug 19, 2022

We were delighted to hold the naming ceremony for two LNG newbuildings at Okpo Shipyard, DSME on Au...