News Flash

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Hapag-Lloyd Makes First Digitally-Controlled Port Arrival

Categories: News Flash

Date: Jul 01, 2021

Kobe Express made the first Just-in-Time (JiT) port call at Tanger Med with arrival time optimised ...

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Dubai’s DP World Hires Banks For Sale Of Flagship Free Zone Stake-Sources

Categories: News Flash

Date: Jul 01, 2021

Dubai’s DP World has hired banks to help sell a minority stake in its flagship business park, Jeb...

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Proman Announces Two Additional Methanol-Powered Newbuildings

Categories: News Flash

Date: Jul 01, 2021

Provident and Progressive will be the fifth and sixth methanol dual-fuel vessels for Proman, to be ...

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Euroseas Ltd. Signs New Building Agreements For The Acquisition Of Two Fuel Efficient 2,800 Teu Feeder Containerships

Categories: News Flash

Date: Jul 01, 2021

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container vessels and provider of seaborne t...

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AST Launches Iridium Certus 200 Service With Usage Alert Capabilities

Categories: News Flash

Date: Jul 01, 2021

Applied Satellite Technology (AST) Ltd, today announced the official launch of its unique Iridium C...

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Hybrid Audit And Inspection Will Be 'New Normal'

Categories: News Flash

Date: Jun 30, 2021

The future of maritime audits and inspections will include a hybrid blend of remote digital verific...

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New Alliance Could Ease Ship Repair Squeeze On Ballast Water Installations

Categories: News Flash

Date: Jun 30, 2021

A strategic alliance between privately owned Norwegian ballast water system manufacturer, Optimarin...

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Jack-up Rig Selected To Drill Buffalo Well In October

Categories: News Flash

Date: Jun 30, 2021

Carnarvon Petroleum has confirmed that a drilling rig has been selected for the Buffalo-10 well, lo...

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Nova Innovation, Sabella Join Forces To Progress Tidal Power In UK And France

Categories: News Flash

Date: Jun 30, 2021

Scottish tidal energy developer Nova Innovation and its French counterpart Sabella have signed a me...

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Baltic Index Rallies For Fifth Day On Stronger Capesize, Panamax Rates

Categories: News Flash

Date: Jun 30, 2021

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

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LR To Focus Growth On Maritime Industry With Expanded Role And Service Offering

Categories: News Flash

Date: Jun 30, 2021

Business Assurance & Inspection Services division to be set up as an independent business, bran...

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AqualisBraemar LOC Wraps Up Sable Campaign For ExxonMobil

Categories: News Flash

Date: Jun 29, 2021

Energy and marine consultant AqualisBraemar LOC has completed its assignment in connection with the...

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Saipem Rents Ex-Ocean Rig Drillship From Samsung Heavy

Categories: News Flash

Date: Jun 29, 2021

Italian oilfield contractor Saipem has signed a bareboat charter contract with Samsung Heavy Indust...

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Dubai Futures: August EFS Widens Above $4/b Mark; Spot Activity Remains Tepid

Categories: News Flash

Date: Jun 29, 2021

Front-month Brent/Dubai Exchange of Futures for Swaps widened mid-morning June 28, amid tepid spot ...

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Baltic Index Hits 11-Year High On Gains Across Segments

Categories: News Flash

Date: Jun 29, 2021

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

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Iron Ore Advances As China Port Stocks Hit Over 8-Month Low

Categories: News Flash

Date: Jun 29, 2021

Iron ore futures in Asia rose on Monday, supported by a steady decline in portside stockpiles of th...

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Extreme Freight Rates Begin To Change Shippers' Calculations

Categories: News Flash

Date: Jun 28, 2021

The containerized shipping industry has been essential to global commerce for its low shipping cost...

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VLCC Market On Steady Course For Yet Another Week

Categories: News Flash

Date: Jun 28, 2021

VLCC In the Middle East, the market for 280,000mt to US Gulf (routing via the Cape/Cape) continu...

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DP World And Somaliland Open New Terminal At Berbera Port

Categories: News Flash

Date: Jun 28, 2021

DP World and the Government of Somaliland, have inaugurated the new container terminal at Berbera P...

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Hapag-Lloyd, ONE Wrap Up Integration With TradeLens

Categories: News Flash

Date: Jun 28, 2021

Germany-based company Hapag-Lloyd and Japan’s Ocean Network Express (ONE) have completed the inte...

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Heddle Shipyards Becomes Newest Green Marine Member

Categories: News Flash

Date: Jun 28, 2021

Heddle Shipyards, a Canada-based operator of shipyards and drydocks, is the newest participant in G...

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Wärtsilä And Global Energy Ventures To Cooperate On Propulsion Solutions For Hydrogen Vessel

Categories: News Flash

Date: Jun 25, 2021

The technology group Wärtsilä has signed a Memorandum of Understanding (MOU) with Global Energy V...

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Synergy Group: Action Not Platitudes Needed On Day Of The Seafarer

Categories: News Flash

Date: Jun 25, 2021

After a year of seafarer mistreatment by governments and ineffective lobbying on their behalf by th...

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Portsmouth Southsea Coastal Scheme In Full Swing

Categories: News Flash

Date: Jun 25, 2021

In their latest project update, the officials introduced plans to extend working hours on the beach...

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China’s First Offshore Large-Sized Deepwater Gas Field Starts Production

Categories: News Flash

Date: Jun 25, 2021

CNOOC Limited has started production from China’s first offshore large-sized independent deepwate...

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Ship Finance For Greek Shipping Declined By 6.24% In 2020, As Loan Value Fell Under $50 Billion

Categories: News Flash

Date: Jun 25, 2021

Afurther reduction of the overall loans towards Greek shipping companies is the main conclusion fro...

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Pole Star Acquires Start-up Vasanda To Strengthen Sustainability Offering

Categories: News Flash

Date: Jun 24, 2021

The acquisition, which follows growth investment in Pole Star in April 2021, will provide a ne...

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Equity And Bank Finance Making A Comeback In Shipping

Categories: News Flash

Date: Jun 24, 2021

On the equity front, shipping is back in favour with investors big time. “The environment is such...

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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Categories: News Flash

Date: Jun 24, 2021

Prompt HSFO stems are tight in Russia, the Canary Islands and South Africa, while ample VLSFO suppl...

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South Korean Companies Develop Molten Salt Reactor For Shipping, Power Generation

Categories: News Flash

Date: Jun 24, 2021

South Korea’s state-run nuclear energy research institute and the country’s major shipbuilder h...

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Agreement In Principle Reached Over Suez Canal Ship – Stann Marine

Categories: News Flash

Date: Jun 24, 2021

A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in M...

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India’s May Crude Oil Imports Dip As Pandemic Curbs Demand

Categories: News Flash

Date: Jun 23, 2021

India’s May crude oil imports slipped to their lowest in three months as fuel demand sagged amid ...