News Flash
Asia-US container rates surge as volumes pulled forward ahead of strike, tariffs
Categories: News Flash
Date: Dec 23, 2024
Rates for shipping containers from east Asia and China to the US surged this week as importers pulle...
Russia remains China’s top crude oil supplier in November as Saudi overtakes Malaysia
Categories: News Flash
Date: Dec 23, 2024
Russia held its position as the top seller of crude oil to China in November while Saudi Arabia over...
Sanctioning Entities Engaged in Transporting Iranian Oil and Violations of Human Rights
Categories: News Flash
Date: Dec 23, 2024
The United States is taking action to stem the flow of revenue that the Iranian regime uses to suppo...
Asian spot LNG prices at 10-week low on weak demand, mild weather
Categories: News Flash
Date: Dec 23, 2024
Asian spot liquefied natural gas (LNG) prices fell this week to its lowest level in 10 weeks amid mi...
Port of Rotterdam Authority develops new connections to Container Exchange Route
Categories: News Flash
Date: Dec 21, 2024
A year after the opening of the Container Exchange Route (CER), the project is entering a new phase....
China’s coal imports from Australia rise to highest level since April 2020
Categories: News Flash
Date: Dec 21, 2024
China’s coal imports from Australia rose to their highest in more than four years in November, cus...
Natural gas demand from US LNG export plants heads for first decline in 8 years
Categories: News Flash
Date: Dec 21, 2024
Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed fo...
MHSS recognises importance of shopping access in boosting Seafarer mental health during shore leave
Categories: News Flash
Date: Dec 21, 2024
As the holiday season approaches, seafarers around the globe face the challenge of being far from ho...
Vessel Performance Solutions to service the fleet of Sallaum Lines with its VESPER performance management platform
Categories: News Flash
Date: Dec 21, 2024
Vessel Performance Solutions ApS, a subsidiary of Ascenz Marorka, the GTT Group Smart Shipping arm, ...
Don’t Overlook Shipping’s Critical Role in U.S. Sustainable Transport Future, ABS Chairman and CEO Urges Washington
Categories: News Flash
Date: Dec 21, 2024
“Many of our sustainable transportation programs and initiatives tend to become mode-centric, but ...
Danish Shipping adopts policy on Biofouling Management
Categories: News Flash
Date: Dec 21, 2024
Danish Shipping strongly supports IMO guidelines on biofouling management to protect vulnerable mari...
Asia Fuel Oil-Markets little changed, hi-5 narrows week-on-week
Categories: News Flash
Date: Dec 21, 2024
Asia fuel oil markets were largely stable on Friday in thin trade, while a key spread between two be...
US Treasury Maintains Pressure on Iranian Shadow Fleet
Categories: News Flash
Date: Dec 21, 2024
This week, the United States Department of the Treasury is imposing sanctions on four entities and t...
Baltic Index Snaps 3-Session Losing Streak On Larger Vessel Gains
Categories: News Flash
Date: Dec 21, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Daniamant champions maritime safety with innovative monitoring solutions
Categories: News Flash
Date: Dec 20, 2024
Daniamant, the market-leading maritime safety solutions manufacturer, emphasises the critical import...
Reinsurance arrangements for the 2025 policy year arranged through the International Group of P&I Clubs
Categories: News Flash
Date: Dec 20, 2024
Reinsurance arrangements for the 2025 policy year for P&I entries with Gard P. & I. (Bermuda...
Attica Group Chooses Orbyt Global and Telenor Maritime to Deliver the Industry’s Best Onboard Connectivity
Categories: News Flash
Date: Dec 20, 2024
Orbyt Global and Telenor Maritime are proud to announce a significant milestone: a three-party partn...
WinGD completes first full-load running of X-DF-M engine on methanol fuel
Categories: News Flash
Date: Dec 20, 2024
Swiss marine power company WinGD has reached a milestone in realising its X-DF-M methanol-fuelled en...
Seafarers more likely to ‘express what’s really going on’ thanks to VIKAND’s crew welfare technology
Categories: News Flash
Date: Dec 20, 2024
A global leader in maritime healthcare and wellbeing solutions, VIKAND, says the number of seafarers...
Asia Fuel Oil-Spot premiums capped while Singapore stockpiles soar
Categories: News Flash
Date: Dec 20, 2024
Spot fuel oil premiums were capped on Thursday, while weekly onshore inventories at Singapore spiked...
India to surpass China as the top source of global oil consumption growth in 2024 and 2025
Categories: News Flash
Date: Dec 20, 2024
India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overta...
Wärtsilä Gas Solutions service agreement will optimise liquefaction operations for five GasLog LNG Carriers
Categories: News Flash
Date: Dec 20, 2024
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has signed a three-year Service &...
NYK and Yusen Logistics to Introduce Platform to Manage GHG-Emission Reductions Jointly Supporting Customers’ Scope 3 Reductions
Categories: News Flash
Date: Dec 20, 2024
Nippon Yusen Kabushiki Kaisha (NYK) and Yusen Logistics Co., Ltd. (YL) have introduced a digital pla...
Baltic index extends losses on weaker capesize, supramax rates
Categories: News Flash
Date: Dec 20, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Wärtsilä propulsion package to power world’s largest methanol-ready cement carrier vessel
Categories: News Flash
Date: Dec 19, 2024
Technology group Wärtsilä’s focus on supporting the marine industry’s efforts to decarbonise o...
Bureau Veritas and Samsung Heavy Industries Co., Ltd. announce partnership to develop Carbon Capture and Storage Solutions
Categories: News Flash
Date: Dec 19, 2024
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection, and certification,...
NYK and ENEOS Sign Agreement for Sale and Purchase of Marine Fuel with CDR Credits Created Through DACCS
Categories: News Flash
Date: Dec 19, 2024
On December 11, Nippon Yusen Kabushiki Kaisha (“NYK”) and ENEOS Corporation (“ENEOS”) signed...
Encouraging younger people into the maritime industry and adapting to meet their needs is vital for the future of the industry, says MCTC
Categories: News Flash
Date: Dec 19, 2024
One of the biggest challenges as we head into 2025 will be attracting young people to the industry a...
Monjasa explores LNG bunkering in the UAE
Categories: News Flash
Date: Dec 19, 2024
Global top 10 marine fuels supplier, Monjasa, introduces the UAE’s first dedicated LNG Bunker Vess...
Guy Hindley appointed new Baltic Exchange Chairman
Categories: News Flash
Date: Dec 19, 2024
Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from ...
New International Chamber of Shipping Secretary General announced
Categories: News Flash
Date: Dec 19, 2024
At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have un...
Asia fuel oil prices capped in early 2025 but supply risks loom
Categories: News Flash
Date: Dec 19, 2024
Asia’s fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cl...