News Flash

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S&P Global Commodity Insights To Launch First Carbon-Accounted Tanker Assessments As Shipping Faces EU Trading System Carbon Coverage

Categories: News Flash

Date: Jul 27, 2022

S&P Global Commodity Insights announced it will launch daily Platts price assessments for freig...

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China’s Mooted End To Australian Coal Ban Will Have Zero Market Impact

Categories: News Flash

Date: Jul 27, 2022

Talk that China may end its unofficial ban on imports of Australian coal is unlikely to result in a...

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BSM’s Fleet Performance Centre Supports Owners To Meet Upcoming EEXI And CII Compliance

Categories: News Flash

Date: Jul 27, 2022

With new IMO regulations on Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indic...

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India’s June Crude Oil Imports Up On Demand Recovery, Russian Discounts

Categories: News Flash

Date: Jul 27, 2022

India’s crude oil imports in June rose nearly 21% from the same month last year, helped by a stea...

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Seahawk Investments: Dislocations Due To Russia Sanctions To Support Tanker Segments

Categories: News Flash

Date: Jul 27, 2022

Transportation and energy – two markets that have seen strong movements in recent months. Corona ...

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DSME Back To Work To Meet Ship Delivery After 51-Day Strike Ends

Categories: News Flash

Date: Jul 27, 2022

South Korea’s debt-ridden Daewoo Shipbuilding & Marine Engineering Co. (DSME) is skipping the...

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Civil Damage, Criminal Charge Issues Linger After DSME Strike

Categories: News Flash

Date: Jul 27, 2022

Civil damage claims of up to 800 billion won ($610 million) will continue to haunt the unionized su...

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Terminals At California’s Third-Busiest Port Resume Regular Hours On Monday

Categories: News Flash

Date: Jul 27, 2022

Marine terminals at California’s Port of Oakland opened for normal operations on Monday after por...

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Traders Turn To French Wheat For Pakistan As Black Sea Supplies Tighten

Categories: News Flash

Date: Jul 27, 2022

Traders bought up to seven shipments of French wheat aimed for Pakistan as part of a 300,000 tonne ...

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Iron Ore Scales Two-Week High On China Demand Hopes

Categories: News Flash

Date: Jul 27, 2022

Iron ore prices touched two-week highs on Tuesday, extending a rally on hopes that improving margin...

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Egypt Proceeding With Plans For LNG Bunkering Operation At Suez Canal

Categories: News Flash

Date: Jul 26, 2022

Egypt’s state-owned energy company EGAS (Egyptian Natural Gas Holding Company) reports that plans...

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Capesize Weakness Drags Down Baltic Sea Freight Index

Categories: News Flash

Date: Jul 26, 2022

The Baltic Exchange’s main sea freight index slipped on Monday over declining rates in the capesi...

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Rhine Water In Germany Falls Again, Ships Only Part-Loaded

Categories: News Flash

Date: Jul 26, 2022

Water levels on the Rhine in Germany have again fallen in hot summer weather and vessels are still ...

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DSME Wins A 649.5-Billion-Won Order For Two LNG Carriers

Categories: News Flash

Date: Jul 26, 2022

Daewoo Shipbuilding & Marine Engineering (DSME) announced Monday that it received a 649.5-billi...

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IAPH Statement On The Current Situation Facing Ukrainian Ports

Categories: News Flash

Date: Jul 26, 2022

IAPH welcomes the international agreement reached last Friday to establish a humanitarian maritime ...

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Silverstream Technologies Signs MOU With Mitsui & Co. Europe Plc. And Orient Marine Company

Categories: News Flash

Date: Jul 26, 2022

Clean technology company Silverstream Technologies has signed a Memorandum of Understanding (MOU) w...

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Ukraine Works To Resume Grain Exports, Flags Russian Strikes As Risk

Categories: News Flash

Date: Jul 26, 2022

Ukraine forged ahead with efforts to restart grain exports from its Black Sea ports under a deal ai...

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Port Of Oakland Terminals Reopened As Truckers’ Protest Moved To New Site

Categories: News Flash

Date: Jul 26, 2022

California’s Port of Oakland has fully resumed operations after truckers protesting a gig-wo...

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Shipping’s New ESG Rules Could Starve Millions

Categories: News Flash

Date: Jul 26, 2022

A new report found that more than 75% of ships will not meet the International Maritime Organizatio...

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German Industry Cuts Production Due To High Energy Prices: DIHK Survey

Categories: News Flash

Date: Jul 26, 2022

A number of industrial companies in Germany are cutting production in reaction to soaring energy pr...

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Maersk Launches Inland Container Service Between India And Bangladesh

Categories: News Flash

Date: Jul 26, 2022

It might be Maersk’s smallest container ship, but the new inland service represents a unique solu...

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Sempra Infrastructure, CFE Consider New LNG Project In Southern Mexico

Categories: News Flash

Date: Jul 25, 2022

U.S. LNG company Sempra Infrastructure and Mexico’s state-owned utility CFE are to jointly develo...

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Australia & New Zealand Get Slammed By Container Rates

Categories: News Flash

Date: Jul 25, 2022

Long-term rates for shipping containers to New Zealand and Australia have soared in the past few ye...

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California Truckers Halt ‘Gig-Worker’ Law Protests Over Weekend As Port Activity Slows

Categories: News Flash

Date: Jul 25, 2022

Independent truckers who have been protesting at California’s busy Oakland seaport over the past ...

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Growth In Traffic At The Port Of Bilbao Driven By Job Stability And A Focus On Sustainability

Categories: News Flash

Date: Jul 25, 2022

Between January and June, around 16 million tonnes of goods were exported or imported through the p...

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Liberia Ship Registry Holds Training Seminar In South Korea

Categories: News Flash

Date: Jul 25, 2022

The Liberia International Ship and Corporate Registry (LISCR) recently held its annual training sem...

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What Does The Black Sea Grain Agreement Mean For Africa?

Categories: News Flash

Date: Jul 25, 2022

If Russia keeps to the deal it has signed with Ukraine allowing for the resumption of grain ex...

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Geospace Technologies Enters $12 Million OBN Rental Deal With SAExploration

Categories: News Flash

Date: Jul 25, 2022

Texas-based seismic solutions provider Geospace Technologies has signed an extended duration r...

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Port Of LA Calls FBI After Cyber Attacks Double

Categories: News Flash

Date: Jul 25, 2022

The Port of Los Angeles is the victim of approximately 40 million cyber attacks per month, mostly f...

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Capital Product Partners L.P. Announces Pricing Of €100 Million Unsecured Bonds

Categories: News Flash

Date: Jul 25, 2022

Capital Product Partners L.P., an international owner of ocean-going vessels, today announced that ...

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Daewoo Shipyard Workers Reach Deal To End Strike

Categories: News Flash

Date: Jul 25, 2022

South Korean contract workers at the country’s number 3 shipbuilder agreed on Friday to end their...

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Tankers: VLCC Market Still Climbing

Categories: News Flash

Date: Jul 25, 2022

Clean The Middle East Gulf CPP market has seen a mix of movements this week on the different siz...