News Flash
Hong Kong Chamber of Shipping launched to boost Hong Kong’s status as int’l shipping hub
Categories: News Flash
Date: Oct 09, 2024
The Hong Kong Chamber of Shipping was officially established on Monday with an aim to shore up Hong ...
US LNG exports dip in September on plant maintenance
Categories: News Flash
Date: Oct 09, 2024
U.S. exports of liquefied natural gas fell slightly in September as plant maintenance trimmed output...
Asia Fuel Oil-VLSFO rebounds on firmer trading activity
Categories: News Flash
Date: Oct 09, 2024
Spot premium for very low sulphur fuel oil (VLSFO) rebounded on Tuesday after hitting seven-week low...
Lloyd’s Register and Metcore link up for Mass Flow Meter certification
Categories: News Flash
Date: Oct 09, 2024
Lloyd’s Register (LR) and measurement solution specialist Metcore have launched an independent acc...
Japan’s MOL set to boost LNG carrier fleet to around 150 by 2030: CEO
Categories: News Flash
Date: Oct 09, 2024
Mitsui O.S.K. Lines, or MOL, the world’s largest operator of LNG carriers, expects to expand inves...
LNG-fuelled vessels accelerate to 6% of the global fleet
Categories: News Flash
Date: Oct 09, 2024
Industry coalition SEA-LNG reports that active LNG-fuelled vessels now account for more than 2% of t...
Baltic index falls over one-month low on weak capesize rates
Categories: News Flash
Date: Oct 09, 2024
The Baltic Exchange’s main sea freight index .BADI declined to a more than one-month low on Tuesda...
Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
Categories: News Flash
Date: Oct 08, 2024
Satellite imagery revealed a number of oil tankers vacating the waters around Iran’s key Kharg Isl...
Marine businesses will gain a share of £14m in Scottish government support.
Categories: News Flash
Date: Oct 08, 2024
Seven isles-based projects will benefit from the investment – including a Scalloway fisher who wil...
Korean Industry Feels Pressure as China Dominates Container Ship Market
Categories: News Flash
Date: Oct 08, 2024
The three major Korean shipbuilders—HD Korea Shipbuilding & Offshore Engineering, Samsung Heav...
Marine Corps’ unmanned ‘narco-boat’ heads to Okinawa for Indo-Pacific trial
Categories: News Flash
Date: Oct 08, 2024
The Marine Corps will soon deploy an unmanned, semisubmersible watercraft designed to move supplies ...
USAID launches regional programme to promote marine biodiversity
Categories: News Flash
Date: Oct 08, 2024
The United States Agency for International Development (USAID) last week launched the USAID Caribbea...
Strategic Marine Delivers Fast Crew Boat for Brunei's Oil and Gas Sector
Categories: News Flash
Date: Oct 08, 2024
Singapore-based shipbuilder Strategic Marine has delivered the Amarco S1 fast crew boat to Amarco wh...
Cruise Lines Embrace Citizen Science Project to Protect Marine Ecosystems
Categories: News Flash
Date: Oct 08, 2024
Expedition cruise operators are actively supporting the Secchi Disk study, a hands-on citizen scienc...
MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) to create leading, global, multi-brand digital luxury group in exchange for a 33% equity stake in Mytheresa
Categories: News Flash
Date: Oct 08, 2024
Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agreement...
European Commission Authorisation Decision on the Sale of 42.06% of the Share Capital of CLASQUIN to SAS Shipping Agencies Services Sàrl
Categories: News Flash
Date: Oct 08, 2024
The European commission today approved, in light of EU regulations on mergers, the acquisition of so...
Convergence around a smaller number of options during the last GHG meetings before approval, put the IMO in a strong position to drive an energy transition in international shipping
Categories: News Flash
Date: Oct 08, 2024
The IMO’s Marine Environment Protection Committee 82nd meeting has concluded with a large amount o...
Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation
Categories: News Flash
Date: Oct 07, 2024
Oil watchers are now seeing a genuine threat to crude supplies after Iran launched a ballistic missi...
Goldman Sachs says crude could spike by $20 on Iran oil shock
Categories: News Flash
Date: Oct 07, 2024
Oil prices could shoot up $20 per barrel if Iranian production sees a hit, according to Goldman Sach...
Alphard Maritime Looks To Set Up A $500 Million Shipping Fund In IFSC Gift City
Categories: News Flash
Date: Oct 07, 2024
Alphard Maritime Group plans to set up a $500 million shipping fund in the Gujarat International Fin...
US port strike ends leaving cargo backlog
Categories: News Flash
Date: Oct 07, 2024
US East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port opera...
Thousands of shipping containers have been lost at sea. What happens when they burst open?
Categories: News Flash
Date: Oct 07, 2024
Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington s...
South Korean Shipbuilders Land KRW 2 Tril. in Orders in a Single Day
Categories: News Flash
Date: Oct 07, 2024
The three major domestic shipbuilders—HD Korea Shipbuilding, Hanwha Ocean, and Samsung Heavy Indus...
Russia’s Shadow Tankers Threaten Baltic Environmental Catastrophe
Categories: News Flash
Date: Oct 07, 2024
The environmental group Greenpeace has examined the risks that Russia’s shadow fleet poses to the ...
IMO MEPC 82: Negotiations On A New Net-Zero Framework Continue
Categories: News Flash
Date: Oct 07, 2024
The 82nd session of the IMO’s Marine Environment Protection Committee (MEPC 82) continued its nego...
Tankers: VLCC Market on the Rise
Categories: News Flash
Date: Oct 07, 2024
Clean LR2 LR’s in the MEG were back to being subjected to downward pressure this week, takin...
Baltic index logs weekly fall as capesize dips
Categories: News Flash
Date: Oct 05, 2024
The Baltic Exchange’s main sea freight index fell on Friday, marking its first weekly decline in t...
Panama Maritime Authority will automatically cancel the registration of any vessel found to be involved in illegal activities or that changes its flag to evade sanctions.
Categories: News Flash
Date: Oct 05, 2024
The Panama Maritime Authority (PMA) announces that, following an internal investigation, it will a...
The new global architecture for renewable fuels transport takes a major step forward
Categories: News Flash
Date: Oct 05, 2024
The Clean Energy Marine Hubs (CEM Hubs) welcomes the government of Greece and new partners ABS, Lloy...
Bureau Veritas announces the integration of VeriSTAR Green with OrbitMI to enhance maritime emissions compliance
Categories: News Flash
Date: Oct 05, 2024
In collaboration with OrbitMI, VeriSTAR Green will support shipowners in their efforts to comply wit...
DP World Expands Marine Services Fleet with New Vessels Offering Cutting-Edge Efficiency
Categories: News Flash
Date: Oct 05, 2024
DP World welcomed two newly built vessels to its Marine Services fleet, further strengthening its co...
APM Terminals extends concession for ACT in Jordan
Categories: News Flash
Date: Oct 05, 2024
Extension agreement was approved this week by the Cabinet in Amman Since 2006, APM Terminals, in ...