News Flash
Shipping industry booms amid China export rush, faces post-tariff woes
Categories: News Flash
Date: Dec 02, 2024
Container shipping rates from Asia to India have doubled over the past month, with spot rates for sh...
Peninsula focuses on LNG, biofuels in marine energy transition by 2030
Categories: News Flash
Date: Dec 02, 2024
Peninsula plans to ramp up supplies of LNG and biofuels to shipping companies this decade before off...
Nordic American Tankers Ltd: Prospects for our Suezmax tankers are good
Categories: News Flash
Date: Dec 02, 2024
The international profile of NAT is reflected in the fact that during the last five years our ships ...
Unlocking investment opportunities in ship recycling
Categories: News Flash
Date: Dec 02, 2024
Ship recycling countries are seeking stronger investments, as demands on the industry are expected t...
Globus Maritime Limited Expects Older Vessels to Lose Their Competitiveness
Categories: News Flash
Date: Dec 02, 2024
Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial ...
Tankers: VLCC Market Takes a Hit
Categories: News Flash
Date: Dec 02, 2024
Clean LR2 LR’s in the MEG saw a welcome uptick in activity and freight levels this week. Alt...
Panama launches expedited cancellation of six vessels on UK Sanctions List
Categories: News Flash
Date: Dec 02, 2024
The Panama Maritime Authority (PMA) has initiated the expedited cancellation of six Panamanian-flagg...
No improvements in real-world containership efficiency despite investments in greener ships
Categories: News Flash
Date: Dec 02, 2024
Europe’s container ships pollute as much per container as they did six years ago, new EU shipping ...
GLO Marine Opens New Bucharest Office While Celebrating 8 Years of Growth
Categories: News Flash
Date: Nov 30, 2024
GLO Marine is proud to announce the opening of its new office in Bucharest, a key step in its develo...
“K” LINE Held Global IT Conference 2024
Categories: News Flash
Date: Nov 30, 2024
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held a global IT conference in mid-November with the goal...
Maersk Names Newest Dual-Fuel Methanol Vessel “A.P. Møller” in Singapore
Categories: News Flash
Date: Nov 30, 2024
A.P. Moller – Maersk (Maersk) celebrated the arrival of its newest dual-fuel methanol container ve...
ADNOC, Jiangnan Shipyard, and DNV celebrate delivery of first large-scale Mark III Flex LNG Carrier in China
Categories: News Flash
Date: Nov 30, 2024
The Abu Dhabi National Oil Company (ADNOC), Jiangnan Shipyard (Group) Co., Ltd., and classification ...
“Shipping BEYOND BORDERS”
Categories: News Flash
Date: Nov 30, 2024
The Institute of Chartered Shipbrokers Greek Branch held its 19th Annual Forum, on Wednesday, 27th o...
Marine fuel supplier Peninsula targets global LNG bunkering
Categories: News Flash
Date: Nov 30, 2024
Peninsula is working on building a global liquefied natural gas (LNG) bunkering business to help shi...
Asia Fuel Oil-Hi-5 spread narrows more than 20% versus last week
Categories: News Flash
Date: Nov 30, 2024
Asia’s hi-5 fuel oil spread narrowed by over 20% week-on-week, reflecting a weaker market for very...
Traders using STS transfers near Senegal to export Russian naphtha to Brazil, data shows
Categories: News Flash
Date: Nov 30, 2024
Traders are using ship-to-ship loadings near the Senegalese port of Dakar to handle Russian naphtha ...
Singapore’s Dec term ex-wharf HSFO premiums narrow amid adequate stockpiles
Categories: News Flash
Date: Nov 30, 2024
The Singapore ex-wharf 380 CST high sulfur fuel oil term contracts for December’s supply were most...
Baltic index drops to 10-month low as rates across segments dip
Categories: News Flash
Date: Nov 30, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
How rape accused murderer was arrested in Gujarat - 2000 CCTV footages and 6-state investigation
Categories: News Flash
Date: Nov 29, 2024
The recent arrest of Rahul Karamveer Jat, a man charged with the rape and murder of a 19-year-old wo...
ABP further strengthens support for seafarer welfare facilities
Categories: News Flash
Date: Nov 29, 2024
Associated British Ports (ABP), the UK’s largest and leading port operator, has today announced a ...
NorthStandard and NNPC enter into strategic partnership to support shared ambitions
Categories: News Flash
Date: Nov 29, 2024
NorthStandard has announced a new and expanded strategic partnership with Noord Nederlandsche P&...
Shipowners’ Club: General Increase Announcement Renewal 2025/2026
Categories: News Flash
Date: Nov 29, 2024
At the half year stage, the Club reported a combined ratio of 95.8%, with an underwriting surplus of...
U-Ming Marine appoints UK technology provider, Anemoi, to install Rotor Sails on a VLOC, in another investment in sustainable initiatives by the Taiwan-based corporation
Categories: News Flash
Date: Nov 29, 2024
Leading wind-propulsion technology provider Anemoi Marine Technologies Ltd. (“Anemoi”) and U-Min...
Pacific Basin Orders Four Dual-Fuel Methanol Low-Emission 64,000 dwt Ultramax Newbuilding Vessels from Japan
Categories: News Flash
Date: Nov 29, 2024
Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today anno...
Asia Fuel Oil-Markets stable, though VLSFO selling interest persists
Categories: News Flash
Date: Nov 29, 2024
Asia’s spot fuel oil markets were little changed in quiet trade on Thursday, though selling intere...
Hapag-Lloyd concludes long-term offtake agreement for green methanol
Categories: News Flash
Date: Nov 29, 2024
Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with ...
Asia’s November crude oil imports nudge higher, still heading for annual fall
Categories: News Flash
Date: Nov 29, 2024
Asia’s imports of crude oil ticked up slightly in November, led by a recovery by top importer Chin...
Maersk could use 15-20% alternative fuels for its fleet in 2030
Categories: News Flash
Date: Nov 29, 2024
Alternative fuels could account for up to a fifth of A.P. Moller-Maersk’s MAERSKb.CO marine fuel c...
Baltic Index Drops To More Than Three-Week Low As Larger Vessel Rates Slip
Categories: News Flash
Date: Nov 29, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
China removing export tax rebate can help curb palm oil UCO fraud, boost domestic biofuels: USDA
Categories: News Flash
Date: Nov 28, 2024
China’s removal of the export tax rebate on renewable waste feedstock, such as used cooking oil, c...
Trump plans no exemption for oil imports under new tariff plan, sources say
Categories: News Flash
Date: Nov 28, 2024
U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tar...
TORM plc capital increase in connection with delivery of two 2015-built MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program
Categories: News Flash
Date: Nov 28, 2024
TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection...