News Flash
Baltic index falls to 23-month low as capesize and supramax rates dip
Categories: News Flash
Date: Jan 30, 2025
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Weathernews Partners with HD Hyundai Marine Solution to Optimize Maritime Operations
Categories: News Flash
Date: Jan 29, 2025
Weathernews Inc. has entered into a Memorandum of Understanding (MOU) with HD Hyundai Marine Solutio...
ClassNK grants Innovation Endorsement for Products & Solutions to ‘D-VESSELKEEPER: EEM and PHM’ developed by WinKong Marine Engineering
Categories: News Flash
Date: Jan 29, 2025
ClassNK has granted its Innovation Endorsement for Products & Solutions to ‘D-VESSELKEEPER: EE...
Driving Fleet Performance Amid Evolving Environmental Regulations
Categories: News Flash
Date: Jan 29, 2025
The maritime industry faces both challenges and opportunities, with efficiency and sustainability em...
Seanergy Maritime Expands Fleet with Two Japanese Ships: One Newcastlemax Vessel and One Capesize Vessel
Categories: News Flash
Date: Jan 29, 2025
Seanergy Maritime Holdings Corp. announced that it has entered into two definitive agreements with u...
Glander International Bunkering Develops Compliance Calculator to Address FuelEU Maritime
Categories: News Flash
Date: Jan 29, 2025
Leading bunker trading firm, Glander International Bunkering, has introduced a tool to help users ca...
Asia Fuel Oil: Hi-5 spread narrows amid VLSFO weakness
Categories: News Flash
Date: Jan 29, 2025
Asia’s hi-5 fuel oil spread held at narrow premiums as of Tuesday, amid a softening market for ver...
Amphitrite Rides AI Wave to Boost Maritime Shipping, Ocean Cleanup With Real-Time Weather Prediction and Simulation
Categories: News Flash
Date: Jan 29, 2025
Named after Greek mythology’s goddess of the sea, France-based startup Amphitrite is fusing satell...
Russia Oil Trade to China, India Stalls as Sanctions Drive up Shipping Costs
Categories: News Flash
Date: Jan 29, 2025
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers...
WAF VLCC tanker rates slide as sanctions-driven sentiment boost proves fleeting
Categories: News Flash
Date: Jan 29, 2025
Freight rates for Very Large Crude Carrier voyages loading in West Africa have slumped in the final ...
Baltic index hits near two-year low on weaker rates across vessel segments
Categories: News Flash
Date: Jan 29, 2025
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Family of Four Returning from Prayagraj Killed in Lucknow-Agra Expressway Crash
Categories: News Flash
Date: Jan 28, 2025
AGRA: A Delhi-based lawyer and his family were tragically killed in a car crash on the Lucknow-Agra ...
Trump Praises India’s Stance on Repatriating Illegal Immigrants After Call with PM Modi
Categories: News Flash
Date: Jan 28, 2025
U.S. President Donald Trump on Tuesday expressed confidence that India would take appropriate action...
Bureau Veritas Supports Final Delivery of CIMC SOE’s Third Advanced 7,600m³ LNG Bunkering Vessel
Categories: News Flash
Date: Jan 28, 2025
Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification...
Seacon Shipping Group has three major milestones in three days
Categories: News Flash
Date: Jan 28, 2025
At the beginning of the new year, Seacon Shipping Group has achieved a remarkable milestone within t...
NYK Positions Carbon Dioxide Removal (CDR) as Measure to Reduce Scope 1 Emissions
Categories: News Flash
Date: Jan 28, 2025
On 27 Jan, the NYK Group issued a position paper positioning carbon dioxide removal1 (“CDR”) as ...
Germany: Promoting Liquefied Natural Gas (LNG) as alternative fuel for ships
Categories: News Flash
Date: Jan 28, 2025
Germany’s maritime sector has asked the feral government to implement specific measures in an effo...
Container xChange Launches Free Leasing Marketplace: Global Access to Partners and Transparent Pricing for All
Categories: News Flash
Date: Jan 28, 2025
Container xChange, a leading global platform for container trading and leasing, has introduced free ...
VLSFO extends slide; HSFO holds steady
Categories: News Flash
Date: Jan 28, 2025
Asia’s spot premium for very low sulphur fuel oil (VLSFO) extended declines on Monday, while high ...
China dominates global shipbuilding in 2024, capturing 71% of orders
Categories: News Flash
Date: Jan 28, 2025
Chinese shipyards captured 71% of global shipbuilding orders in 2024, with seven of the top 10 shipb...
LNG ships explore lay up as freight earnings turn negative on record-low prices
Categories: News Flash
Date: Jan 28, 2025
Asia-Pacific LNG freight day rates for tri-fuel diesel electric, or TFDE carriers have slipped below...
FuelEU regulatory update: Exempted ports, routes and islands
Categories: News Flash
Date: Jan 28, 2025
FuelEU Maritime permits certain exemptions, which are valid until no later than 31 December 2029. Ar...
Baltic index down to near two-year low on weaker vessel rates
Categories: News Flash
Date: Jan 28, 2025
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
GSB Tankers and Asahi Tanker formed a JV for expansion in Asia
Categories: News Flash
Date: Jan 27, 2025
GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to ma...
Yemen bolsters port security capacity amid ongoing maritime threats
Categories: News Flash
Date: Jan 27, 2025
A national training focused on enhancing port facility security was completed in Aden, Yemen (14-16 ...
Port operator DP World weighs $1bln investment in Peru, says government
Categories: News Flash
Date: Jan 27, 2025
DP World is interested in investing more than $1 billion to expand port infrastructure in Peru, the ...
From steel to sea: A shipbuilding from A to Z
Categories: News Flash
Date: Jan 27, 2025
Ever wondered how ships come to life? Long before the ceremonial champagne bottle shatters and a shi...
Asia looks to US LNG ramp-up after Trump order to unleash energy supply
Categories: News Flash
Date: Jan 27, 2025
Asia’s key LNG importers are looking to a boost in US LNG production in the coming years, followin...
S.Africa’s Richards Bay exports up 10% in 2024 amid rail improvement
Categories: News Flash
Date: Jan 27, 2025
Coal exports from South Africa’s Richards Bay Coal Terminal (RBCT) rose 10% to 52.08 million metri...
PPR 12: Shipping Nations Must Switch to Cleaner Fuels To Cut Black Carbon Pollution
Categories: News Flash
Date: Jan 27, 2025
As a meeting of the International Maritime Organization’s (IMO) Pollution Prevention and Response ...
Propulsion Power Limitation – EEXI Document Requirements
Categories: News Flash
Date: Jan 27, 2025
Many ships are now equipped with power limitation solutions to comply with EEXI regulations. Clear, ...
India expands Russian insurers’ pool after US sanctions
Categories: News Flash
Date: Jan 27, 2025
India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers ente...