News Flash

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Adani Ports' Records 5% Increase in Cargo Volumes In August 2024

Categories: News Flash

Date: Sep 05, 2024

Adani Ports and Special Economic Zone (APSEZ) clocked 36.1 million metric tons (MMT) of cargo volume...

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Classnk Has Updated Its Report “Classnk Alternative Fuels Insight”

Categories: News Flash

Date: Sep 05, 2024

ClassNK has updated its report “ClassNK Alternative Fuels Insight,” initially released in May 20...

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MOL Announces Naming Ceremony For LNG-Powered Ferry Sunflower Pirka

Categories: News Flash

Date: Sep 05, 2024

Mitsui O.S.K. Lines, Ltd. today announced that on September 4, the naming and launching ceremony was...

Longship Orders Up To Eight Eco-Friendly Vessels In Netherlands

Categories: News Flash

Date: Sep 05, 2024

The project will be a collaboration between GS Projects, Ship and Steelbuilding (SaS) at the Dutch s...

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DNV Clears Ocean Infinity’s Remotely Supported Vessel Operations

Categories: News Flash

Date: Sep 05, 2024

Ocean Infinity has received a Statement of Compliance (SOC) from DNV for its remotely supported vess...

First Offshore Wind Turbine Stands Tall at US Revolution Wind Project

Categories: News Flash

Date: Sep 05, 2024

The first 11 MW Siemens Gamesa offshore wind turbine, out of a total of 65 planned, has been install...

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South Korea's Hanwha Ocean Awarded First US Navy Repair Contract

Categories: News Flash

Date: Sep 05, 2024

Hanwha Ocean announced on Wednesday that it had secured a contract that made it the first Korean shi...

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Asia Fuel Oil-Cargo Premiums Retain Strength On Firmer Bids

Categories: News Flash

Date: Sep 05, 2024

Asia's market for Very Low Sulphur Fuel Oil (VLSFO) retained its strength on Wednesday, with cargo p...

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ABB And Seafjord Energy Introduce Ground-Breaking Concept For E-Bunker Vessels

Categories: News Flash

Date: Sep 05, 2024

SeaFjord Energy's innovative concept for e-bunker ships offers a new way to supply ships with en...

Baltic Index Retreats On Lower Rates Across Vessels

Categories: News Flash

Date: Sep 05, 2024

The Baltic Exchange's dry bulk sea freight index. BADI tracking rates for ships carrying dry bulk co...

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Oceanscore Closes E5m Funding Round To Speed Up Global Expansion And Product Innovation

Categories: News Flash

Date: Sep 04, 2024

Hamburg, September 3, 2024: OceanScore, the global provider of data and compliance management soluti...

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Feedstock Availability And Aviation Demand Challenge Biofuel Adoption In Shipping

Categories: News Flash

Date: Sep 04, 2024

Drop-in replacements for fossil fuels may be a cost-effective way of meeting environmental regulatio...

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Kongsberg Digital Brings Its Voyage Reporting Capabilities To Offshore Maritime Operators

Categories: News Flash

Date: Sep 04, 2024

As offshore vessels operating in the EU will be subject to new reporting requirements from 2025, Kon...

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Russia’s Thermal Coal, Export Duty Removal Extension, Unlikely To Spur Demand

Categories: News Flash

Date: Sep 04, 2024

The Russian government recently has extended its suspension of export duty for thermal coal and anth...

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Shipping Technology Finds Strategic Investment Partner In First Dutch To Accelerate Commercial And Technological Growth

Categories: News Flash

Date: Sep 04, 2024

Shipping Technology, a Rotterdam-based upcoming player in the international maritime industry specia...

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Asia Fuel Oil VLSFO Premium Extends Climb, Backwardation Widens

Categories: News Flash

Date: Sep 04, 2024

Spot premium for Very Low Sulphur Fuel Oil (VLSFO) extended its uptrend on Tuesday as bids remained ...

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Chinese State Shipbuilders Plan Merger

Categories: News Flash

Date: Sep 04, 2024

HONG KONG -- Two listed Chinese state-owned shipbuilders announced Monday that they are preparing fo...

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Container Ships Dominating-Newbuilding-Orders

Categories: News Flash

Date: Sep 04, 2024

Container ships have been the "darlings" of the new building market. In its latest weekly report, sh...

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Good Collaboration Leads to Shipping Decarbonizations

Categories: News Flash

Date: Sep 04, 2024

In May 2024, Deltamarin finished a three-year EU-funded project called CHEK. Project CHEK involved 1...

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Baltic Index Extends Gains on Strong Capesize Demand

Categories: News Flash

Date: Sep 04, 2024

The Baltic Exchange's dry bulk sea freight index. BADI tracking rates for ships carrying dry bulk c...

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Stena becomes sole owner of NTEX

Categories: News Flash

Date: Sep 03, 2024

Stena, which previously owned 75 percent of the shares in the transport and logistics company NTEX, ...

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Russian oil product exports via Tuapse to fall in September, traders say

Categories: News Flash

Date: Sep 03, 2024

Russian oil product exports from the Black Sea port of Tuapse are set to fall to 0.978 million metri...

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Oil exports remain halted at major Libyan ports, say engineers

Categories: News Flash

Date: Sep 03, 2024

Oil exports at major Libyan ports were halted on Monday and production curtailed across the country,...

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Inmarsat's Nexuswave Trialed By Hapag-Lloyd For Enhanced Maritime Connectivity

Categories: News Flash

Date: Sep 03, 2024

Inmarsat Maritime, a Viasat company, has announced that global container liner shipping group Hapag-...

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Asia Fuel Oil-VLSFO spot premium hits more than nine-month high

Categories: News Flash

Date: Sep 03, 2024

Spot premium for Very Low Sulphur Fuel Oil (VLSFO) hit its highest level in more than nine months on...

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Survitec SuitXChange Removes Compliance Burdens And Reduces Port Delays

Categories: News Flash

Date: Sep 03, 2024

Global Survival Technology solutions provider Survitec has introduced a new rental and exchange serv...

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Samskip Advances Zero-Emission Shipping, Partnering With TECO 2030 Retrofitting Samskip’s LNG Vessel Samskip Kvitnos With Hydrogen-Powered Fuel Cells

Categories: News Flash

Date: Sep 03, 2024

Samskip is proud to announce its partnership in the groundbreaking HyEkoTank project, an initiative ...

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COSCO Shipping Development signs deal for 42 bulk carriers

Categories: News Flash

Date: Sep 03, 2024

COSCO Shipping Development has announced its largest shipbuilding and leasing agreement since becomi...

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How South China Sea tensions threaten global trade

Categories: News Flash

Date: Sep 03, 2024

The post-COVID era has been punishing for global trade. Lockdowns and factory closures sparked suppl...

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Baltic index logs best day in 18 months on capesize strength

Categories: News Flash

Date: Sep 03, 2024

The Baltic Exchange's dry bulk sea freight index .BADI jumped by more than 10% on Monday to register...

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Port, maritime services in Iran grow by 103%

Categories: News Flash

Date: Sep 02, 2024

Director General of Planning. Development, and Resource Management at Iran's Ports and Maritime Orga...

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Sinopec's lower throughput target in H2 likely to cap China's crude imports

Categories: News Flash

Date: Sep 02, 2024

China's state-owned Sinopec aims to lower its crude throughput by 1.6% in the second half of 2024 to...