News Flash
Baltic index extends gain as larger vessel rates firm
Categories: News Flash
Date: Jan 04, 2025
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
TMC’s energy-saving compressors chosen for methanol-fuelled container vessels
Categories: News Flash
Date: Jan 03, 2025
Yangzijiang Shipbuilding Group has awarded a contract to TMC Compressors to deliver its highly energ...
HD Hyundai hunts shipbuilding growth despite rise in global protectionism
Categories: News Flash
Date: Jan 03, 2025
HD Hyundai Chairman Kwon Oh-gap urged employees across the group’s heavy industry affiliates to st...
Shipbreaking industry to implement workers’ minimum wages from new year
Categories: News Flash
Date: Jan 03, 2025
The country’s shipbreaking industry is going to implement the minimum wages for its workers, set b...
LILA GLOBAL – Diversified fleet of quality ships
Categories: News Flash
Date: Jan 03, 2025
Lila Global is pleased to announce the appointment of Dr. Abdul Rahim as its Chief Maritime Strategy...
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
Categories: News Flash
Date: Jan 03, 2025
Russian officials warned of severe environmental damage Wednesday as thousands of people came out to...
As Biden administration winds down, US ramps up strikes on Houthi rebels
Categories: News Flash
Date: Jan 03, 2025
The US is stepping up its strikes against the Houthi rebels in Yemen, an effort in the waning days o...
The Risks of Decarbonized and Digitalized Shipping
Categories: News Flash
Date: Jan 03, 2025
Imagine a harbor in a major maritime conflict. A large container ship sits idle because the Liquefie...
Asia Fuel Oil: Premiums inch higher on first trading day
Categories: News Flash
Date: Jan 03, 2025
Spot fuel oil premiums in Asia edged up on the first trading day of 2025, buoyed by stronger-priced ...
IMO Secretary-General new year message
Categories: News Flash
Date: Jan 03, 2025
International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has highlighted key it...
Baltic index rises on gains in larger vessel segments
Categories: News Flash
Date: Jan 03, 2025
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
NorthStandard members embrace digital watchkeeping technology
Categories: News Flash
Date: Jan 02, 2025
Five heavyweight shipping companies are set to install Orca AI’s situational awareness systems on ...
How offshore charging systems can power maritime’s net zero transition
Categories: News Flash
Date: Jan 02, 2025
As the world grapples with ambitious net zero targets, more focus than ever is being placed on the m...
Navantia strikes Harland and Wolff deal at knocked-down price
Categories: News Flash
Date: Jan 02, 2025
The Spanish company struck a hard bargain but, with no other parties in the ring, it could call the ...
Monjasa to start LNG bunkering in the UAE
Categories: News Flash
Date: Jan 02, 2025
The bunker company chartered the 5,000 cu metres Green Zeebrugge in Amsterdam in November, and she...
McAllister Towing celebrates 160 years in style
Categories: News Flash
Date: Jan 02, 2025
The crowd, many dressed in colors reflecting the Holiday season, included customers, suppliers, and ...
Cosco Shipping Bulk orders 10 new bulkers
Categories: News Flash
Date: Jan 02, 2025
Cosco Shipping Bulk has inked a contract for ten 82,000 dwt bulk carriers with Jiangsu Hantong Heav...
AD Ports Group completes Noatum integration
Categories: News Flash
Date: Jan 02, 2025
AD Ports Group announced it has completed the biggest corporate restructuring in its history with t...
Container line reliability shows marked improvement
Categories: News Flash
Date: Jan 02, 2025
Sea-Intelligence’s Global Liner Report, which covers 34 global trade lanes covering over 60 contai...
ICTSI secures Mindanao terminal contract extension
Categories: News Flash
Date: Jan 02, 2025
The contract extension was awarded to ICTSI subsidiary Mindanao International Container Terminal Ser...
Cleanup Underway After Bulkers Collide in China’s Yangtze off Shanghai
Categories: News Flash
Date: Jan 01, 2025
A fuel spill cleanup is underway as officials work to understand why two giant bulkers collided in C...
Russia Marks Completion of Fourth Project 22220 Nuclear-Powered Icebreaker
Categories: News Flash
Date: Jan 01, 2025
Russian government officials, Rosatom, and the JSC Baltic Shipyard marked the completion of the four...
German foreign minister warns of Russian ‘shadow fleet’
Categories: News Flash
Date: Jan 01, 2025
Multiple recent incidents involving undersea cables in the Baltic Sea were unlikely to be a coincide...
Maritime Safety Committee – 109th session (MSC 109), 2-6 December 2024
Categories: News Flash
Date: Jan 01, 2025
The Maritime Safety Committee met for its 109th session at IMO Headquarters in London (in-person wit...
Pneumatic line throwers hit safety aims without the pyrotechnics
Categories: News Flash
Date: Jan 01, 2025
Restech pneumatic line throwers use compressed gas instead of explosives, making them safer, more pr...
Ample supply to pressure Asian LSFO market as bunker demand weakens
Categories: News Flash
Date: Jan 01, 2025
The Asian low sulfur fuel oil market is likely to be weighed down by more-than-sufficient supplies i...
Yang Ming to Implement Fleet Optimization Plan
Categories: News Flash
Date: Jan 01, 2025
Yang Ming Marine Transport Corporation (“Yang Ming”) held its 400th Board Meeting today (20th) a...
Finland finds drag marks on Baltic seabed after cable damage
Categories: News Flash
Date: Jan 01, 2025
Finnish police said on Sunday they had found tracks that drag on for dozens of kilometres along the ...
ITS Logistics November Supply Chain Report: Inflationary Pressure and Monetary Policy Uncertainty Among List of Key Concerns that Could Impact Supply Chain in 2025
Categories: News Flash
Date: Jan 01, 2025
ITS Logistics released the November ITS Supply Chain Report. Last month, the U.S. economy displayed ...
China’s recasting of UCO trade: Minimal impact on chemical shipping
Categories: News Flash
Date: Jan 01, 2025
China eliminated the 13% export tax rebate on the popular feedstock for biofuels-used cooking oil (U...
Havila Shipping ASA: Debt conversion into shares and registration of new share capital
Categories: News Flash
Date: Dec 31, 2024
Reference is made to the stock exchange announcements on 1 October and 16 December 2024, regarding t...
Russia’s 2024 LNG exports up 3%, half going to Europe
Categories: News Flash
Date: Dec 31, 2024
Russia’s exports of liquefied natural gas (LNG) increased by 3% in 2024 to exceed 32 million tonne...