News Flash
One Crew Member Dies In Fire On Maersk-Chartered Container Ship
Categories: News Flash
Date: Jul 23, 2024
The Panama-flagged newbuilding chartered by Maersk suffered an explosion on 19 July resulting in a f...
China Delivers The World’s First River-Sea LNG Bunker And Transport Vessel
Categories: News Flash
Date: Jul 23, 2024
China has delivered the world's first 14,000 cubic meters of Liquefied Natural Gas (LNG) bunkering a...
ABS And The U.S. Coast Guard Research And Development Center To Collaborate On Maritime Technologies
Categories: News Flash
Date: Jul 23, 2024
American Bureau of Shipping (ABS) and the United States Coast Guard Research and Development Center ...
Asia Fuel Oil-Premiums Steady; Southeast Asia Tenders Underway
Categories: News Flash
Date: Jul 23, 2024
Spot premiums for fuel oil were broadly stable in Asia on Monday, while several Southeast Asian tend...
Global Container Rates Moderate, Decreases Seen On Asia-S America Trade Lane
Categories: News Flash
Date: Jul 23, 2024
Average global rates for shipping containers moderated this week, and market players in Latin Americ...
After India Cancels Shipbuilding Order, Turkey Suspends Defense Exports
Categories: News Flash
Date: Jul 22, 2024
India’s relations with Turkey could take a new turn after reports that the Turkish government has ...
VARD signs contract on a CSOV with Rem Offshore
Categories: News Flash
Date: Jul 22, 2024
This is the third CSOV VARD delivers to REM Offshore VARD says it has signed a contract for the d...
Global IT outage disrupts operations at European box terminals
Categories: News Flash
Date: Jul 22, 2024
A global IT outage, caused by a software update from American cybersecurity technology company Crowd...
HMM opens Shanghai-Mexico container route
Categories: News Flash
Date: Jul 22, 2024
South Korea's HMM Co. announced on Monday that it launched a new Far East Latin America Express (FLX...
Malaysia detains oil tanker involved in collision
Categories: News Flash
Date: Jul 22, 2024
Malaysia has detained a large oil tanker that collided with another vessel off its coast and fled th...
Washington State Ferries selects ABB as propulsion single source vendor for five new hybrid ferries
Categories: News Flash
Date: Jul 22, 2024
ABB has been awarded a contract by Washington State Ferries (WSF) to serve as the Propulsion Single ...
South Korea's Shipbuilding Boom at Risk Due to Escalating Labor Disputes
Categories: News Flash
Date: Jul 22, 2024
The shipbuilding industry is on the brink of an unprecedented boom, driven by increased orders for L...
ESP Code updated – New survey requirements for bulk carriers and oil tankers
Categories: News Flash
Date: Jul 22, 2024
To align with the latest revision of the ESP Code (as amended by IMO Res. MSC.525(106)) and IACS Uni...
Maritime vision of the Re-elected Commission President
Categories: News Flash
Date: Jul 22, 2024
Ursula von der Leyen has been re-elected as President of the European Commission. Her political mani...
Shipping disruptions now affect Maersk’s global trade routes amid Red Sea crisis
Categories: News Flash
Date: Jul 22, 2024
Shipping disruptions affecting Maersk’s container shipping operations because of the Red Sea crisi...
ABS And KRISO To Advance SMR-Powered Vessels And Floating Power Generation Platforms
Categories: News Flash
Date: Jul 20, 2024
ABS and the Korea Research Institute of Ships and Ocean Engineering (KRISO) are working together to ...
Turkey To Send Ship To Search For Oil And Gas Off Somalia Coast
Categories: News Flash
Date: Jul 20, 2024
Turkey will send an exploration vessel off the coast of Somalia later this year to search for oil an...
Global Centre For Maritime Decarbonisation Concludes Biofuels Supply Chain Trials
Categories: News Flash
Date: Jul 20, 2024
The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed its final supply ch...
Suez Canal Reports 23.4% Drop In Annual Revenue Due To Red Sea Crisis
Categories: News Flash
Date: Jul 20, 2024
The Egyptian Suez Canal’s annual revenue dropped by about 23.4 percent in the fiscal year 2023/202...
Ports Of Indiana, Port of Antwerp-Bruges Sign Mou
Categories: News Flash
Date: Jul 20, 2024
According to the Ports of Indiana's release, representatives from the Ports of Indiana and Port of A...
Four Greek Ports Receive €10 Million In CEF Funds
Categories: News Flash
Date: Jul 20, 2024
Four regional ports that are part of the HRADF portfolio secured 10-million-euro funds from the Euro...
Asia Fuel Oil-Markets Largely Stable; India Sells More Supplies Via Tender
Categories: News Flash
Date: Jul 20, 2024
Asia's fuel oil markets changed slightly on Friday, while India sold more High-Sulphur Fuel Oil supp...
MOL To Invest In Carnot, A Tech Startup Developing Ways To Dramatically Increase Engine Fuel Efficiency, Slash GHG Emissions
Categories: News Flash
Date: Jul 20, 2024
Mitsui O.S.K. Lines, Ltd. (MOL) President & CEO Takeshi Hashimoto announced its intent to invest...
Drewry's World Container Index Rises 1%, Up 92% From Pre-COVID Levels
Categories: News Flash
Date: Jul 20, 2024
Drewry's World Container Index increased by 1 percent to $2,725 per 40-foot container for the week e...
Baltic Index Posts Weekly Loss As Capesize Rates Fall
Categories: News Flash
Date: Jul 20, 2024
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodi...
Baltic index snaps 3-day losing streak on capesize demand
Categories: News Flash
Date: Jul 19, 2024
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodi...
Yemen's Houthi Rebels Claim Long-Range Drone Strike on Tel Aviv
Categories: News Flash
Date: Jul 19, 2024
Yemen's Houthi rebels have claimed responsibility for a drone strike that hit an apartment building ...
U.S. Navy Destroyer Helps Rescue 31 People in Eastern Med
Categories: News Flash
Date: Jul 19, 2024
On Tuesday, the crew of a U.S. Navy destroyer helped rescue a group of 31 migrants in the Mediterran...
Liberian Registry Appoints Passenger Ships Expert Capt. Giorgio De Sciora as New Vice President of Regulations and Standards
Categories: News Flash
Date: Jul 19, 2024
The Liberian Registry, the world’s largest ship registry, is proud to announce that Capt. Giorgio ...
STAX Engineering Secures $40M to Bring the 3 Largest Shipping Vessel Classes into California Air Resources Board Compliance
Categories: News Flash
Date: Jul 19, 2024
STAX Engineering, a pioneer in maritime emissions capture and control, closed a $40M funding round l...
Dual Fuel Fleet Additions Continue to Rise
Categories: News Flash
Date: Jul 19, 2024
Owners are shifting to dual fuel systems in order to achieve net-zero emissions and comply with curr...
Bourbon, Opsealog Form Digital Partnership to Cut OSV Fleet Emissions
Categories: News Flash
Date: Jul 19, 2024
Enhanced fleet monitoring and data-driven optimization will be deployed across Bourbon’s global ma...