News Flash
ENGINE: East Of Suez Bunker Fuel Availability Outlook
Categories: News Flash
Date: Jun 09, 2021
Lead times have been steady in Singapore for all three main fuel grades in the past week, and VLSFO...
Baltic Index Slides For 10th Session As Capesize Rates Fall
Categories: News Flash
Date: Jun 09, 2021
The Baltic exchange’s main sea freight index slipped for the tenth straight session on Tuesday, p...
Dry bulk: Capesize Driven To 2-Month Low By Excess Tonnage, Slow Demand
Categories: News Flash
Date: Jun 09, 2021
The Capesize market has retreated sharply after crossing the key $40,000/day mark in early May as m...
Asian Ports Refuse To Accept Containership Whose Captain Died Of COVID-19
Categories: News Flash
Date: Jun 08, 2021
Evergreen containership Ital Libera, whose Master died of COVID-19, is diverting to Europe as no po...
Crowley First US Shipping Company To Join Ship Recycling Transparency Initiative
Categories: News Flash
Date: Jun 08, 2021
Crowley Maritime Corporation has become the first US-owned and that will publicly disclose its ship...
Costamare’s Bond Issue Shows That Financing Can Be Found, But Scale Is Ever More Important Today
Categories: News Flash
Date: Jun 08, 2021
With financing being harder to raise, ship owners are actively looking at alternative sources of ca...
Autonomous Ships Given Regulatory Guidance
Categories: News Flash
Date: Jun 08, 2021
Finalisation of the International Maritime Organization’s scoping exercise for autonomous ship sa...
Supercycle, What Supercycle? China’s Commodity Imports Fail To Impress
Categories: News Flash
Date: Jun 08, 2021
The bullish shine surrounding commodities may have lost some of its lustre, with imports in May by ...
Ardmore Shipping Announces Definitive Agreements On Strategic Investment In Element 1 Corp., Establishment Of E1 Marine Joint Venture, And Preferred Stock Financing
Categories: News Flash
Date: Jun 07, 2021
Ardmore Shipping Corporation announced that it has entered into definitive agreements for the previ...
Trafigura, Yara To Jointly Pursue Clean Ammonia Opportunities
Categories: News Flash
Date: Jun 07, 2021
Singaporean/Swiss commodity trading company Trafigura and Norway-based ammonia player Yara Internat...
Abu Dhabi Terminals And Microsoft Launch AI Partnership
Categories: News Flash
Date: Jun 07, 2021
Abu Dhabi Terminals has partnered with Microsoft to enhance container tracking using Artificial Int...
CMA CGM: First Quarter Of 2021 Financial Results – Sustained Strong Operating And Financial Performance
Categories: News Flash
Date: Jun 07, 2021
The Board of Directors of the CMA CGM Group, a world leader in shipping and logistics, met today un...
MSC Mediterranean Shipping: CEO Soren Toft Calls For Global Approach To R&D And Carbon Pricing
Categories: News Flash
Date: Jun 07, 2021
MSC Mediterranean Shipping Company has joined other carriers in reiterating support for a global R&...
Eagle Bulk Acquires Scrubber-Fitted Ultramax Pair
Categories: News Flash
Date: Jun 04, 2021
US-based shipowner Eagle Bulk Shipping has purchased two 2015-built scrubber-fitted Ultramax bulk c...
Bureau Veritas Grants First Type Approval For LTO Battery System
Categories: News Flash
Date: Jun 04, 2021
Swedish energy system supplier Echandia Marine has obtained type approval from the classification s...
CMPort Sees 25.5% Container Volumes Growth In First Four Months
Categories: News Flash
Date: Jun 04, 2021
China Merchants Port Holdings (CMPort) has recorded a significant growth in both container throughp...
Study Finds FuelEU Maritime May Promote Biofuels, Raising Substantial Enforcement Concerns
Categories: News Flash
Date: Jun 04, 2021
Arecent study on the upcoming FuelEU Maritime proposal finds that a promotion of biofuels may raise...
Baltic Main Index Hits Over One-Month Low On Weaker Capesize Segment
Categories: News Flash
Date: Jun 04, 2021
The Baltic exchange’s main sea freight index fell for a seventh straight session on Thursday to a...
Aft Section Of X-Press Pearl Sinks To Seabed, Pollution Fears
Categories: News Flash
Date: Jun 03, 2021
The aft section of the heavily fire damaged X-Press Pearl has sunk to the seabed at 21 metres while...
UN Security Council To Discuss Decaying FSO Tanker Anchored Off Yemen
Categories: News Flash
Date: Jun 03, 2021
After months of talks aimed to permit UN inspectors permission to board a decaying oil tanker ancho...
Belgium Is First EU Country To Start Seafarer Vaccination
Categories: News Flash
Date: Jun 03, 2021
Belgium has officially started its vaccination campaign for seafarers this morning in the presence ...
Damen Opens UK Service Hub
Categories: News Flash
Date: Jun 03, 2021
Damen Shipyards Group is expanding its global service hub network with the opening a new Service Hu...
Hyundai Heavy Join Hands With SNU To Foster AI Professionals
Categories: News Flash
Date: Jun 03, 2021
Hyundai Heavy Industries (HHI) has joined hands with Seoul National University (SNU) to foster arti...
Denmark, Norway, And The United States To Lead Zero-Emission Shipping Mission
Categories: News Flash
Date: Jun 03, 2021
Governments of the three countries, together with the Global Maritime Forum and the Mærsk Mc-Kinne...
June Neptune Declaration Crew Change Indicator Shows Increase In Seafarers Stranded Onboard Vessels
Categories: News Flash
Date: Jun 02, 2021
Increasing infection rates in key crew source countries and stricter crew-change protocols in major...
CTI-Maritec Opens Shanghai Fuel Test Centre As It Unveils New “Fuel Expert” System
Categories: News Flash
Date: Jun 02, 2021
CTI-Maritec, the maritime industry’s leading fuel and environmental technical advisory company ha...
Singapore Exploring Ammonia Bunkering For First Castor Initiative Vessel
Categories: News Flash
Date: Jun 02, 2021
Singapore is looking into being able to fuel the first ammonia-powered ship under the Castor Initia...
Brazil Bans Disembarkation Of International Crew At Its Ports
Categories: News Flash
Date: Jun 02, 2021
Brazil’s federal government has restricted the arrival in the country of foreign seafarers workin...
Kalmar Introduces New Remote Services For Container Terminals
Categories: News Flash
Date: Jun 02, 2021
Kalmar, part of Cargotec, introduces new remote services for manual and automated container termina...
Ulstein Design For New Korean Seismic Research Vessel
Categories: News Flash
Date: Jun 01, 2021
Ulstein has designed a new seismic research vessel for the Korea Institute of Geoscience and Minera...
Ultragas And Evergas Set-Up First Shipping Company To Transport CO2
Categories: News Flash
Date: Jun 01, 2021
The captured CO2 will be transported by vessels for storage (CCS) and reuse (CCU) and thereby enabl...
Maritime Corporate Diplomacy: A Modern Management Tool With Added Value For Shipping
Categories: News Flash
Date: Jun 01, 2021
In the global business ecosystem, the shipping industry has invariably faced the interconnection be...