News Flash
Da Nang Port handles first cargo batches of 2023
Categories: News Flash
Date: Jan 03, 2023
During the ceremony, the first tonnes of cargo in 2023 were unloaded from the 12,649 DWT Vietnamese...
Roads for port connectivity: Project awards gather pace
Categories: News Flash
Date: Jan 03, 2023
The ministry of road transport and highways will award 15 port connectivity projects with total len...
A. P. Moller – Maersk completes acquisition of project logistics specialist Martin Bencher Group
Categories: News Flash
Date: Jan 03, 2023
A.P. Moller – Maersk (Maersk) announces the completion of its acquisition of Martin Bencher Group...
Castor Maritime Inc. Announces Filing of a Revised Registration Statement for the Proposed Spin-Off of its Tanker Fleet
Categories: News Flash
Date: Jan 03, 2023
Castor Maritime Inc, a diversified global shipping company, announced today that its Board of Direc...
New shipping regulation to combat global warming is under fire
Categories: News Flash
Date: Jan 03, 2023
The ocean shipping industry is just days away from the debut of the Carbon Intensity Indicator (CII...
Decarbonization Panama and the Ship Registry’s commitment
Categories: News Flash
Date: Jan 03, 2023
Currently the Panama Registry, through its incentive program for shipowners and companies, promotes...
Maritime and data: Seven predictions for the year ahead
Categories: News Flash
Date: Jan 03, 2023
As the worst stages of the COVID-19 pandemic receded in 2022, maritime businesses may have expected...
Two-tier freight market may keep global tanker rates firm
Categories: News Flash
Date: Jan 03, 2023
Global tankers freight across clean and dirty products segments will likely be firm in 2023 but unl...
Ship Recycling Starts 2023 Looking for More Activity
Categories: News Flash
Date: Jan 03, 2023
The ship recycling market has had a challenging 2022, with a general lack of activity. In its lates...
Dynagas LNG Partners seals new Equinor charter deal
Categories: News Flash
Date: Jan 02, 2023
New York-listed Dynagas LNG Partners has struck a new time charter deal with Equinor for the ice-cl...
Ecuador Reports 400% Rise In Drug Trafficking Via Shipping Containers
Categories: News Flash
Date: Jan 02, 2023
By Yury Garcia (Reuters) Insecurity in Ecuador is hurting the Andean country’s exports of product...
Euroseas Boxship Sold for Scrap as Environmental Regulations Loom
Categories: News Flash
Date: Jan 02, 2023
Just weeks after admitting that the age profile of its fleet that is tilted towards older vessels i...
Armed Pirates Rob Two Offshore Vessels in Bay of Campeche
Categories: News Flash
Date: Jan 02, 2023
The offshore oil and gas sector in Mexico's Bay of Campeche is a longtime hotspot for armed robbery...
China's Lockdowns are Over, but its Shipping Outlook is Still Mixed
Categories: News Flash
Date: Jan 02, 2023
Beijing’s on-and-off COVID lockdowns created serious challenges for shipping in 2022, and ev...
Indian Coast Guard Rescues 12 Members Of Sinking Vessel Off Gujarat Coast
Categories: News Flash
Date: Jan 02, 2023
The Indian Coast Guard (ICG) rescued 12 crew members of a sinking supply vessel in the Arabian sea ...
Cruise passengers stranded after marine growth halts ship
Categories: News Flash
Date: Jan 02, 2023
Hundreds of passengers have been stranded on a cruise ship off the Australian coast after a potenti...
Third of world in recession this year, IMF head warns
Categories: News Flash
Date: Jan 02, 2023
A third of the global economy will be in recession this year, the head of the International Monetar...
India can be among top 10 countries in global maritime trade ranking: Union Minister Sarbananda Sonowal
Categories: News Flash
Date: Jan 02, 2023
Union Minister Sarbananda Sonowal on December 31 said India can be among the top ten countries in t...
Love them or hate them, the IMO’s new global carbon regulations start this weekend
Categories: News Flash
Date: Jan 02, 2023
The International Maritime Organisation’s new carbon regulations are just two days away from impl...
EU gas price cap could tighten LNG supplies into Europe as Asia reassesses favorable markets
Categories: News Flash
Date: Dec 31, 2022
The EU’s Eur180/MWh gas price cap would not impact Asian LNG trade flow in the near term but coul...
Rising supply from Kuwait, Russia to weigh on Asia fuel oil in 2023
Categories: News Flash
Date: Dec 31, 2022
Asia is expected to be flooded with more fuel oil supplies in 2023 as Kuwait’s new Al-Zour refine...
India may review stance on Chinese investments to help firms relocate
Categories: News Flash
Date: Dec 31, 2022
The Indian government may review its stance on Chinese investments to help global firms looking to ...
Korean shipbuilders outpace Chinese in LNG carrier orders
Categories: News Flash
Date: Dec 31, 2022
South Korea’s three biggest shipbuilders lost their world’s No. 1 title in ship orders for the ...
India supports UAE’s maritime initiatives: Indian Ministry of Shipping
Categories: News Flash
Date: Dec 31, 2022
The UAE and India have opened up a new vista for bilateral cooperation in the maritime industry. ...
Singapore fuel oil stocks dip amid steady bunkering uptake
Categories: News Flash
Date: Dec 31, 2022
Residual fuel oil stocks at key trading hub Singapore dipped from the previous week, official data ...
Revisit maritime policy to increase India’s shipping revenues, EXIM trade
Categories: News Flash
Date: Dec 31, 2022
Post-COVID-19, global trade has been on a resurgence. From a quarterly low of $4.9 trillion in the ...
Chance that container ship arrives on time is still a coin toss
Categories: News Flash
Date: Dec 31, 2022
A year ago, fear was a big driver of the supply chain crunch: fear that goods wouldn’t arrive on ...
Euroseas Ltd. Announces the Sale of 5,610 teu Container Vessel, built in 2001
Categories: News Flash
Date: Dec 31, 2022
Euroseas Ltd., an owner and operator of container vessels and provider of seaborne transportation f...
Global Fleet Growth Points Towards Different Fortunes for Various Shipping Markets
Categories: News Flash
Date: Dec 31, 2022
The global fleet has grown this year, but at various speeds for different ship markets, while the m...
Multiple objections filed on SCI demerger scheme ahead of crucial MCA hearing to clear the plan
Categories: News Flash
Date: Dec 30, 2022
At least a dozen objections have been filed till Monday before the Ministry of Corporate Affairs by...
Some Ocean-Going Ships To Sail Without Insurance As Insurers Back Out From 1st Jan 2023
Categories: News Flash
Date: Dec 30, 2022
Per reports, Ship reinsurers have faced huge losses, and hence the insurers of ships have decided t...
Chinese shipbuilding sector tops world market in 2022
Categories: News Flash
Date: Dec 30, 2022
China’s shipbuilding sector topped the global market in 2022 in terms of orders and vessel comple...