News Flash
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...
CMA CGM Embarks on a Strategic Partnership with Google to Deploy AI across all Shipping, Logistics, and Media Activities
Categories: News Flash
Date: Jul 19, 2024
CMA CGM, a global leader in sea, land, air and logistics solutions, and Google announced a strategic...
Dry Bulk Newbuild Contracting Fell 34.2%, Despite a Strong Market
Categories: News Flash
Date: Jul 19, 2024
During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite fa...
Black Sea Suezmax Freight Tumbles Amid Weak August Demand
Categories: News Flash
Date: Jul 19, 2024
Freight rates for Suezmax voyages loading in the Caspian Pipeline Consortium and discharging in the ...
Port Of Long Beach Container Volume Up 15.3% To 835,412 Teus In June 2024
Categories: News Flash
Date: Jul 18, 2024
According to the company's release, the Port of Long Beach achieved its most active June and busiest...
Salvage Team To Start Pumping Fuel From Grounded Vessel On South African Coast
Categories: News Flash
Date: Jul 18, 2024
Authorities said on Wednesday, according to Reuters, that a salvage team hopes to take advantage of ...
LNG Carrier Completes Arctic Voyage To China In 18 Days
Categories: News Flash
Date: Jul 18, 2024
Liquefied Natural Gas (LNG) carrier Eduard Toll completed an early-season eastbound voyage along Rus...
Yangzijiang To Invest $412 Million In Shipyard Expansion
Categories: News Flash
Date: Jul 18, 2024
According to Seatrade Maritime, Yangzijiang Shipbuilding plans to expand its facilities, focusing on...
Helsinki, Tallinn Ports Get €15m EU Funding
Categories: News Flash
Date: Jul 18, 2024
The Port of Helsinki announced in a press release on Tuesday that a twin-port project of the Port of...
Russia Ships First Grain from New Baltic Terminal
Categories: News Flash
Date: Jul 18, 2024
The Russian agricultural watchdog told Reuters that Russia has shipped its first grain from a new te...
Asia Fuel Oil-VLSFO Firms On Stronger Bids For August Cargoes
Categories: News Flash
Date: Jul 18, 2024
Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) firmed in Asia on Wednesday, led by higher-price...
Baltic Index Hits One-Month Low As Capesize Rates Slide
Categories: News Flash
Date: Jul 18, 2024
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodi...
Maersk Says Red Sea Shipping Disruption Having Global Effects
Categories: News Flash
Date: Jul 18, 2024
Denmark’s A.P. Moller-Maersk said on Wednesday that disruption to its container shipping via the R...
Greek Navy Extends Advisory To Curb Russian Oil Ship-To-Ship Transfers, Sources Say
Categories: News Flash
Date: Jul 18, 2024
Three sources said the Greek navy this week extended an advisory effectively banning ship traffic of...
United Heavy Lift: F900 Eco-Lifter fleet is now complete
Categories: News Flash
Date: Jul 17, 2024
On July 15, the UHL Fable was named at the Baakenhöft Terminal near the Elbphilharmonie concert hal...
Crew of capsized oil tanker off Oman still missing, maritime centre says
Categories: News Flash
Date: Jul 17, 2024
The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the cou...
GTT entrusted by Samsung Heavy Industries with the tank design of a new FLNG
Categories: News Flash
Date: Jul 17, 2024
GTT announces that it has received, during the second quarter of 2024, an order from its partner the...
H2Global pilot auction: first renewable hydrogen carrier ammonia supply for EU via Port of Rotterdam
Categories: News Flash
Date: Jul 17, 2024
Hintco GmbH announces Fertiglobe as the successful bidder of the first H2Global pilot auction for re...
Action plan to boost oil spill response in the Black Sea
Categories: News Flash
Date: Jul 17, 2024
Countries bordering the Black Sea have outlined an action plan to strengthen the oil spill response ...
Boers Crew Services committed to diversity with relocation of Filipino employees to Germany
Categories: News Flash
Date: Jul 17, 2024
Diversity and nurturing talent are high on the agenda for BCS Group – Boers Crew Services as it we...
Accidents on ships under scrutiny as InterManager submits statistics to IMO
Categories: News Flash
Date: Jul 17, 2024
Accidents onboard ships are not decreasing, according to latest accident statistics submitted to the...
IMO reshapes its strategy for technical support to Member States
Categories: News Flash
Date: Jul 17, 2024
IMO’s Technical Cooperation Committee has made headway towards finalizing a streamlined, comprehen...
Rio Tinto's iron ore shipments miss estimates due to May train derailment
Categories: News Flash
Date: Jul 17, 2024
Global mining giant Rio Tinto reported second-quarter iron ore shipments below analyst estimates on ...