News Flash
Rolls-Royce develops new mtu energy and automation solutions for future submarines
Categories: News Flash
Date: Oct 31, 2024
Rolls-Royce is developing new and advanced concepts to show navies how they can meet the growing cha...
Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia
Categories: News Flash
Date: Oct 31, 2024
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a...
East Java Multipurpose Terminal partners with Sinarmas LDA Usaha Pelabuhan
Categories: News Flash
Date: Oct 31, 2024
East Java Multipurpose Terminal (EJMT), International Container Terminal Services, Inc.’s (ICTSI) ...
Asyaport: Pioneering Maritime Logistics Decarbonization with Onshore Power
Categories: News Flash
Date: Oct 31, 2024
Asyaport has become the first port in Türkiye to offer shore power to container vessels: an importa...
CMA CGM and Marsa Maroc join forces in a joint venture to equip and operate half of the Nador West Med container terminal
Categories: News Flash
Date: Oct 31, 2024
The CMA CGM Group, a global leader in sea, land, air, and logistics solutions, signed today with Mar...
PORT OF LOS ANGELES AWARDED $412 MILLION GRANT FROM U.S. EPA FOR ZERO-EMISSION TRANSFORMATION
Categories: News Flash
Date: Oct 31, 2024
The Port of Los Angeles has been awarded an unprecedented $412 million grant from the U.S. Environme...
HydroWing set to develop the first tidal energy plant in Indonesia
Categories: News Flash
Date: Oct 31, 2024
HydroWing has signed a binding agreement with one of PLN’s Subholdings to develop plans for the fi...
Iron ore retreats on China stimulus uncertainty, firmer supply prospects
Categories: News Flash
Date: Oct 30, 2024
Iron ore futures retreated on Tuesday, snapping a two-day winning streak, as uncertainty surrounding...
Singapore: CCCS Recommends Five-Year Renewal of the Block Exemption Order for Liner Shipping Agreements
Categories: News Flash
Date: Oct 30, 2024
The Competition and Consumer Commission of Singapore (“CCCS”) has recommended to the Deputy Prim...
Wärtsilä’s Interim Report January–September 2024: Improved Net Sales, Profitability And Cash Flow
Categories: News Flash
Date: Oct 30, 2024
This release is a summary of Wärtsilä’s Interim Report January–September 2024. The complete re...
ABS Explores the Potential of Nuclear Technology on LNG Carriers
Categories: News Flash
Date: Oct 30, 2024
ABS released its latest report into the potential of advanced nuclear technology for maritime applic...
Maersk and Danone partner to reduce the greenhouse gas emissions of seaborne logistics with ECO Delivery Ocean
Categories: News Flash
Date: Oct 30, 2024
Maersk is partnering with Danone, one of the world’s leading food and beverages companies, to redu...
ABS Explores the Potential of Nuclear Technology on LNG Carriers
Categories: News Flash
Date: Oct 30, 2024
ABS released its latest report into the potential of advanced nuclear technology for maritime applic...
Asia Fuel Oil-VLSFO premium retreats while supplies deemed ample
Categories: News Flash
Date: Oct 30, 2024
Spot premium for very low sulphur fuel oil (VLSFO) eased on Tuesday, with offers retreating for Nove...
Shipbroker settles for $380,000 after failing to disclose voyage restrictions, sparking arbitration dispute
Categories: News Flash
Date: Oct 30, 2024
An arbitration dispute highlighted in the latest Claims Review by International Transport Intermedia...
Parallel markets: LNG sanctions evasion ecosystem yet to fully develop
Categories: News Flash
Date: Oct 30, 2024
This is the third of a three-part series on LNG sanctions evasion and the shadow fleet, focusing on ...
Baltic index snaps 10-day losing streak as larger vessel rates gain
Categories: News Flash
Date: Oct 30, 2024
The Baltic Exchange’s dry bulk sea freight index snapped a ten-day losing streak on Tuesday as rat...
Guangzhou Shipyard International delivers first of four ro-pax ferries to MSC
Categories: News Flash
Date: Oct 29, 2024
The first vessel of four ro-pax ferries ordered by MSC Mediterranean Shipping Group from Guangzhou S...
BASF and AM Green enter MoU to jointly evaluate opportunities in low-carbon chemicals in India
Categories: News Flash
Date: Oct 29, 2024
BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and deve...
Wan Hai Lines orders eight 16,000 TEU methanol dual-fuelled containerships from Hyundai Samho Heavy Industries and Samsung Heavy Industries
Categories: News Flash
Date: Oct 29, 2024
Taiwan’s Wan Hai Lines, the 11th largest liner operator, announced orders for eight 16,000 teu met...
EverWind Fuels awarded $22.5 mln investment from Government of Canada for Clean Port & Green Fuels Hub
Categories: News Flash
Date: Oct 29, 2024
EverWind Fuels has received $22.5 million from Transport Canada's Green Shipping Corridor Fund, mark...
New Fortress Energy provides update on its initial FLNG asset
Categories: News Flash
Date: Oct 29, 2024
New Fortress Energy Inc. announced that its initial Fast LNG unit has completed its third cargo load...
Latin America-Caribbean shipping struggles amid geopolitical and climate crises
Categories: News Flash
Date: Oct 29, 2024
UNCTAD’s Review of Maritime Transport 2024 reveals severe challenges facing the maritime sector in...
Winds of change: Giant cargo sailboats and propulsion technology are transforming the high seas
Categories: News Flash
Date: Oct 29, 2024
Serge Picard knew next to nothing about sailboats, beyond having mucked around in one at a summer ca...
Panama Canal Net Income Rose to $3.45 Billion Despite Drought
Categories: News Flash
Date: Oct 29, 2024
The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 bill...
High freight rates strain global supply chains, threaten vulnerable economies
Categories: News Flash
Date: Oct 29, 2024
Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major...
Asia-US container rates fall as carriers eye blank sailings to keep floor on prices
Categories: News Flash
Date: Oct 29, 2024
Rates for shipping containers from east Asia and China to the US fell this week, but carriers have a...
Carbon emissions in ocean container shipping hits record high
Categories: News Flash
Date: Oct 29, 2024
The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ...
Call to action on FuelEU compliance
Categories: News Flash
Date: Oct 28, 2024
The EU’s FuelEU Maritime regulation, set to take effect in January 2025, looks set to further shak...
Stena RoRo takes delivery of RoPax vessel Saint-Malo with strong focus on sustainability
Categories: News Flash
Date: Oct 28, 2024
Stena RoRo last week took delivery of E-Flexer No. 11 – in a series of 15 vessels – from the Chi...
Asian spot LNG prices rise on supply concerns, geopolitical tensions
Categories: News Flash
Date: Oct 28, 2024
Asian spot liquefied natural gas (LNG) recorded its second weekly gain since the end of August, amid...
Oil exports from Russia’s western ports to fall 13% in Nov as refinery maintenance ends, sources say
Categories: News Flash
Date: Oct 28, 2024
Russia’s crude oil exports from its three main western ports will drop by 13% in November from the...