News Flash

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Trump Confirms 25 Percent Tariff on Goods From Mexico and Canada

Categories: News Flash

Date: Mar 04, 2025

The President Donald Trump confirmed that he will impose steep tariffs on imports from Mexico and Ca...

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RGIA records 22% growth in cargo shipments in 2024

Categories: News Flash

Date: Mar 04, 2025

The Rajiv Gandhi International Airport (RGIA) recorded a 22% growth in cargo transportation, with th...

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Hapag-Lloyd in pact with Gnosis, PayCargo for efficient cargo operations

Categories: News Flash

Date: Mar 04, 2025

Logistics payment platform PayCargo and Gnosis Freight, announced an integration and partnership wit...

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Paradip Port Authority sets cargo handling record

Categories: News Flash

Date: Mar 04, 2025

Paradip Port Authority (PPA) has etched a remarkable milestone in its operational history by achievi...

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Chennai Port handles 1.66 million TEU of cargo

Categories: News Flash

Date: Mar 04, 2025

Chennai Port has set a new benchmark by handling an all-time high of 1.66 million TEUs (Twenty-foot...

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Vizhinjam port tops in cargo handling in south and eastern India: Kerala CM

Categories: News Flash

Date: Mar 04, 2025

In terms of cargo handled, the Vizhinjam International Port topped among the 15 harbours spread acro...

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CMA CGM shipping adds new routes to connect Saudi Arabian ports to India

Categories: News Flash

Date: Mar 04, 2025

Saudi Ports Authority (Mawani) has announced the addition of two new shipping services, India Red Se...

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Maersk names its 11th dual-fuel Methanol vessel ‘Albert Maersk’ in Mumbai

Categories: News Flash

Date: Mar 03, 2025

A.P. Moller – Maersk (Maersk) celebrated the name-giving of its newest dual-fuel methanol containe...

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Fed seen restarting rate cuts in June as still-elevated inflation slows

Categories: News Flash

Date: Mar 03, 2025

The Federal Reserve could restart cuts to short-term borrowing rates in June and follow up with anot...

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Asian LNG spot prices at 10-week low amid comfortable storage

Categories: News Flash

Date: Mar 03, 2025

Asian spot liquefied natural gas (LNG) prices fell further this week to its lowest level in 10 weeks...

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Russian, Iranian oil supply to China rebounds as new vessels cash in on the trade

Categories: News Flash

Date: Mar 03, 2025

China’s imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanct...

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Petrobras to commission four more ships, upping orders to 48 by 2026

Categories: News Flash

Date: Mar 03, 2025

Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026, Chief Exec...

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What is liquefied natural gas, and why is it so important?

Categories: News Flash

Date: Mar 03, 2025

Key takeaways • Liquefied natural gas (LNG) is natural gas that has been cooled to a liquid state...

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Saudi Arabia may lower April oil prices for Asia

Categories: News Flash

Date: Mar 03, 2025

Top oil exporter Saudi Arabia may slightly cut its crude prices for Asian buyers in April, tracking ...

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US oil and gas production hit record high in December, says EIA

Categories: News Flash

Date: Mar 03, 2025

U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month hi...

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Shipbreaking’s long voyage into the 21st century is just beginning

Categories: News Flash

Date: Mar 03, 2025

In 2000, a brand-new ship called Onoe left the shipyard of Japanese steelmaker NKK. It was a bulk ca...

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How the IMO can construct a bridge to a zero-emission future

Categories: News Flash

Date: Mar 03, 2025

As negotiators gather at the intercessional working group of the IMO’s Marine Environment Protecti...

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More than EUR 300 million for Klaipėda Port infrastructure to strengthen the country’s economy and energy security

Categories: News Flash

Date: Mar 01, 2025

Klaipėda Port Authority is steadfastly moving forward with the implementation of the Port’s visio...

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WiseTech Global and IQAX Enhances De Well Group’s Freight Forwarding Efficiency Through eBL Integration with CargoWise over GSBN

Categories: News Flash

Date: Mar 01, 2025

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, ac...

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Valmet receives an automation order for two cable-laying vessels powered by methanol for Jan De Nul in China

Categories: News Flash

Date: Mar 01, 2025

Valmet has received an order for a marine methanol fuel automation control system for two cable-layi...

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Pacific Basin Confident About Dry Bulk Market’s Long Term Prospects

Categories: News Flash

Date: Mar 01, 2025

  Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, ...

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ST Engineering Marine Ltd., Singapore, selects Kongsberg Maritime design and equipment for new walk-to-work OSV

Categories: News Flash

Date: Mar 01, 2025

Kongsberg Maritime will supply the design and integrated equipment package for a new walk-to-work of...

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ENGINE: Americas Fuel Availability Outlook

Categories: News Flash

Date: Mar 01, 2025

Bunker fuel availability across all grades has improved in Houston this week, with recommended lead ...

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Blue waters, green vessels: Three ways ING is helping shipping to become more sustainable

Categories: News Flash

Date: Mar 01, 2025

The shipping industry, responsible for transporting over 80% of the world’s traded goods, faces si...

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CMA CGM Group: Higher Tariffs Announced In The United States Could Have An Impact On Trade

Categories: News Flash

Date: Mar 01, 2025

Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the...

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Significant increase in biofuel usage to meet GHG reduction targets

Categories: News Flash

Date: Mar 01, 2025

The latest FOBAS Fuel Insight Report highlights rising biofuel uptake, ongoing issues with off-speci...

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US Sanctions on China-built Ships Would Be a Major “Headache” for the Maritime Industry

Categories: News Flash

Date: Mar 01, 2025

Almost half of the world’s trading dry bulk fleet was built in China, while an additional 66.4% of...

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Hoppe Marine and Smart Ship Hub successfully upgrades German fleet with complete range of digital services

Categories: News Flash

Date: Feb 28, 2025

Digital equipment provider for vessels Hoppe Marine has integrated its flow meters and MAIHAK shaft ...

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CIBC Innovation Banking provides $20 million funding package to maritime tech consolidator ZeroNorth

Categories: News Flash

Date: Feb 28, 2025

CIBC Innovation Banking yesterday announced that it has provided a $20 million USD debt financing to...

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MOL, KEPCO Sign MoU to Collaborate on Carbon Credit Project

Categories: News Flash

Date: Feb 28, 2025

Mitsui O.S.K. Lines, Ltd. (MOL) and The Kansai Electric Power Company (KEPCO) today announced the si...

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Trump Administration must urgently assess risks of severe supply chain congestion before imposing China vessel port fees, analysts warn

Categories: News Flash

Date: Feb 28, 2025

Analysts warn proposed fees on China-built container ships importing goods into the US may have unin...

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Senior claims expert Matthew Moore joins Gard

Categories: News Flash

Date: Feb 28, 2025

Reporting to Gard’s Head of P&I Casualty Claims, Per Martin Langaas, Matt Moore is expected to...