News Flash
Asian LSFO Refining Margin Soars To Near 5-Month High, Market Structure Strengthens
Categories: News Flash
Date: Aug 23, 2024
Asia's Low Sulfur Fuel Oil Refining margins surged to its highest level in nearly five months, while...
Baltic Index Hits Near Four-Week High As Capesize Rates Jump
Categories: News Flash
Date: Aug 23, 2024
The Baltic Exchange's dry bulk sea freight index, BADI, which tracks rates for ships carrying dry bu...
Ukraine grain exports jump to 6 mln T so far 2024/25, says ministry
Categories: News Flash
Date: Aug 22, 2024
Ukraine's grain exports in the 2024/25 July-June season had reached 6 million metric tons as of Aug....
Singapore gasoil swap crack hits near 3- month low as regional stocks remain long
Categories: News Flash
Date: Aug 22, 2024
The Singapore ultra low sulfur gasoil front month swap crack against front month Dubai swap was at i...
Kongsberg Maritime completes testing of cyber security for range of digital products
Categories: News Flash
Date: Aug 22, 2024
Kongsberg Maritime has achieved a significant milestone for the cyber security of its products with ...
Kumport Terminal Istanbul implements Portchain Connect to simplify the berth alignment process with shipping lines
Categories: News Flash
Date: Aug 22, 2024
Portchain today announced Kumport Terminal Istanbul will join the Portchain Connect network. Kumport...
Stage set for German steel industry to become major green hydrogen offtaker
Categories: News Flash
Date: Aug 22, 2024
Energy transition highlights: Our editors and analysts bring you the biggest stories from the indust...
Saudi Arabia crude oil exports drop in June
Categories: News Flash
Date: Aug 22, 2024
Saudi Arabia's crude oil exports fell to 6.047 million barrels per day (bpd) in June from 6.118 mill...
US oil export gains slow as output, global demand turn tepid
Categories: News Flash
Date: Aug 22, 2024
U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic outpu...
Successful installation of passive technology for two major projects in Australia
Categories: News Flash
Date: Aug 22, 2024
Sentinel Subsea. specialists in passive subsea integrity monitoring, is proud to announce the succes...
Danish Shipping Hopeful of Green Agreement with Germans on North Sea Energy Island
Categories: News Flash
Date: Aug 22, 2024
Danish Shipping is disappointed that the negotiations on the North Sea Energy Island between Denmark...
Atlantic Supramax scrap market sees weak momentum in week 33 on thin activity
Categories: News Flash
Date: Aug 22, 2024
The Supramax segment in the Continent and Baltic Sea regions endured a trading week that remained fi...
Seaspan Launches The Canadian Coast Guard’s Flagship
Categories: News Flash
Date: Aug 21, 2024
According to the company's release, Seaspan Shipyards (Seaspan) launched the Canadian Coast Guard’...
Egyptian Ship 'MV Wadi Albostan' Arrested At Paradip Port
Categories: News Flash
Date: Aug 21, 2024
An Egyptian ship, currently anchored at Paradip Port in Odisha, has been 'arrested' following an Ori...
Sirius Shipping To Optimise Just-In-Time Arrival With Manta Marine Technologies’ Fuel Opt
Categories: News Flash
Date: Aug 21, 2024
Manta Marine Technologies (MMT) has received an order for two FuelOpt systems for Sirius Shipping’...
Bahri Secures $1bn Deal To Acquire 9 Very Large Crude Carriers
Categories: News Flash
Date: Aug 21, 2024
Saudi Arabia’s National Shipping Co. has signed a $1 billion deal to purchase nine very large crud...
BII Commits $35m To the Development of Democratic Republic Of Congo’s First Deepwater Port
Categories: News Flash
Date: Aug 21, 2024
The UK’s development finance institution funds the new project alongside logistics company DP Worl...
PIL Further Renews Fleet with Order For Five 13,000 TEU LNG Dual Fuel Container Vessels
Categories: News Flash
Date: Aug 21, 2024
Pacific International Lines (PIL) is stepping up its fleet renewal programme and has ordered five ne...
HD Hyundai Marine Solutions Secures Landmark $30 Million LNG Conversion Deal
Categories: News Flash
Date: Aug 21, 2024
According to industry sources, on the 18th, HD Hyundai Marine Solutions, a subsidiary of HD Hyundai,...
Indian Port Workers To Go On Strike To Demand Better Wages, Benefits
Categories: News Flash
Date: Aug 21, 2024
A group of Indian port workers’ unions has called for a strike from Aug. 28 to demand immediate se...
World’s 1st Installation Of Rotor Sails On A Capesize Bulk Carrier For VALE
Categories: News Flash
Date: Aug 21, 2024
Mitsui O.S.K. Lines and Vale International announced that a 200,000-ton class bulk carrier, currentl...
Baltic Index Marks Best Week In Over 3 Months As Vessel Rates Rise
Categories: News Flash
Date: Aug 21, 2024
The Baltic Exchange’s main sea freight index rose on Monday to a more than three-week high as the ...
India's Shipping Ministry Offers To Build Port In Andhra Pradesh Near Planned Refinery
Categories: News Flash
Date: Aug 20, 2024
The shipping ministry has offered to build a seaport alongside a refinery that Bharat Petroleum Corp...
British International Investment Commits Up To $35 Million Alongside DP World into The Democratic Republic Of The Congo’s First Deepwater Container Port
Categories: News Flash
Date: Aug 20, 2024
British International Investment, the UK’s development finance institution and impact investor, ha...
Chinese Company BYD's First Carrier Vessel Docks In Spain
Categories: News Flash
Date: Aug 20, 2024
The first vessel of Chinese automaker BYD's shipping fleet has arrived in the Spanish port of Santan...
Candela Supplies Flying Electric Ships To Saudi Arabia’s NEOM
Categories: News Flash
Date: Aug 20, 2024
The Candela P-12, the world's first electric hydrofoil ship, will service the planned water network ...
World's First Machine Room Safety Accreditation for Ammonia Fueled Ammonia Gas Carrier To Be Granted By ClassNK
Categories: News Flash
Date: Aug 20, 2024
The world’s first accreditation for “Machinery Room Safety for Ammonia” (MRS) will be granted ...
China Merchants Energy Shipping Orders Ten New Oil Tankers from Dalian Shipbuilding
Categories: News Flash
Date: Aug 20, 2024
China Merchants Energy Shipping Co., Ltd. ("CMES") issued an announcement announcing that through it...
NYK Bulk & Projects To Time-Charter Methanol-Fuelled Bulk Carrier
Categories: News Flash
Date: Aug 20, 2024
NYK Bulk & Projects Carriers has concluded a basic agreement with Kambara Kisen for the time cha...
PIL Further Renews Fleet with Order For Five 13,000 TEU LNG Dual Fuel Container Vessels
Categories: News Flash
Date: Aug 20, 2024
Pacific International Lines (PIL) is stepping up its fleet renewal program and has ordered five new ...
G E Shipping Boosts Fleet Efficiency With StormGeo
Categories: News Flash
Date: Aug 20, 2024
This cooperation intends to improve the operational efficiency and environmental performance of G E ...
Baltic Index Rises for Fourth Day On Firm Capesize Demand
Categories: News Flash
Date: Aug 20, 2024
The Baltic Exchange's dry bulk sea freight index (BADI) opened a new tab that rose for a fourth stra...