News Flash

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HD Hyundai, Hanwha, Samsung face intensifying disputes with shipyard workers

Categories: News Flash

Date: Jul 02, 2024

Labor-management conflict at domestic shipyards has been heightened, as unionized workers call for h...

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Asia Fuel Oil-VLSFO retains downside on ample supply pool

Categories: News Flash

Date: Jul 02, 2024

Asia’s Very Low Sulphur Fuel Oil (VLSFO) market softened on Monday amid expectations of ample supp...

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Baltic index hits near 2-month high as capesize rates gain

Categories: News Flash

Date: Jul 02, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...

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Asia spot prices buoyed by hot summer weather forecasts

Categories: News Flash

Date: Jul 01, 2024

Asian spot Liquefied Natural Gas (LNG) prices held steady this week as forecasts of higher temperatu...

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Sustainability initiatives go global, Go Green

Categories: News Flash

Date: Jul 01, 2024

APM Terminals colleagues from our locations in Ghana to Brazil, Georgia to India, and the Netherland...

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Is Lloyds Open Form on ‘life support’?

Categories: News Flash

Date: Jul 01, 2024

On 1st June 2024, Lloyd’s Salvage Branch published a rebranded Lloyds Open Form (LOF) 2024. In sum...

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Wilhelmsen Port Services Revolutionizes Port Call Payments with Innovative Financing Model

Categories: News Flash

Date: Jul 01, 2024

“With the introduction of our Port Cost Financing model, we are not only responding to the needs o...

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India steel, trade ministries in talks over rising Chinese imports, says source

Categories: News Flash

Date: Jul 01, 2024

India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese go...

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Vessel and crew safe after incident southwest of Yemen’s Al Mukha, UKMTO says

Categories: News Flash

Date: Jul 01, 2024

The United Kingdom Maritime Trade Operations (UKMTO) said on Sunday it had received a report of an i...

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Russia will start gas exports to China from Far East in 2027

Categories: News Flash

Date: Jul 01, 2024

Russia’s Gazprom will start annual pipeline gas exports to China of 10 billion cubic metres (bcm) ...

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Shipping supply chains and global conflicts

Categories: News Flash

Date: Jul 01, 2024

Global shipping supply chains are facing significant disruptions due to the ongoing conflict in Gaza...

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Drewry: LNG Shipping Equity Index Up 26.4% So Far in 2024

Categories: News Flash

Date: Jul 01, 2024

The Drewry LNG Shipping Equity Index increased 26.4% YTD (as of 27th June 2024), outperforming the S...

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Dry Bulk Market: Capesize Index Rises Higher

Categories: News Flash

Date: Jul 01, 2024

The Capesize market experienced an eventful week despite starting off quietly, with the BCI 5TC drop...

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Baltic index logs monthly gain on strong capesize demand

Categories: News Flash

Date: Jun 29, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...

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Asia Fuel Oil-VLSFO market pares gains; bunker premiums hold soft

Categories: News Flash

Date: Jun 29, 2024

demand for marine fuel, while bunker premiums remained under pressure, trade sources said. The carg...

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ClassNK grants its first software security certifications for Solverminds’ ship management solutions

Categories: News Flash

Date: Jun 29, 2024

ClassNK has granted its first software security certifications to ship management solution ‘MACK...

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Solving shipping’s challenges through trust in technology

Categories: News Flash

Date: Jun 29, 2024

When it comes to regulations that protect the marine environment, things are only heading in one dir...

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Steamship Mutual Releases 2024 Management Highlights: Key Financials, Statistics, and Strategic Initiatives

Categories: News Flash

Date: Jun 29, 2024

The Management Highlights report provides a comprehensive overview of the Club’s key statistics an...

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Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Joint Venture

Categories: News Flash

Date: Jun 29, 2024

Pyxis Tankers Inc., an international shipping company, announced today that it has closed its previo...

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Transforming Maritime Operations: AST Reygar’s Fuel App

Categories: News Flash

Date: Jun 29, 2024

Fuel efficiency and reducing emissions are at the forefront of every vessel operator’s mind, AST R...

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Amogy and Mitsubishi Shipbuilding Have Completed a Feasibility Study of Ammonia Supply System for Ammonia-Powered Maritime Solution

Categories: News Flash

Date: Jun 29, 2024

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, and Mitsubishi Ship...

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FrontM Expands Advisory Board with Top Maritime Experts

Categories: News Flash

Date: Jun 29, 2024

FrontM, the Maritime Superapp Platform company, welcomes industry experts Su Yin Anand, Peter Schell...

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US sanctions more companies, ships involved in Iran oil trade

Categories: News Flash

Date: Jun 29, 2024

The United States is sanctioning new entities and ships it accused of transporting Iranian oil and p...

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Global freight rises but shows signs of weakness in US

Categories: News Flash

Date: Jun 28, 2024

Global manufacturing activity and freight are showing signs of a recovery, after a downturn took hol...

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The Future of European Shipping’s Global Competitiveness Lies In Maritime Education, Seafarer Welfare And Innovation Uptake

Categories: News Flash

Date: Jun 28, 2024

At the event organized on the Day of the Seafarer by the European Community Shipowners’ Associatio...

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LR: New survey requirements for Bulk Carriers and Oil Tankers

Categories: News Flash

Date: Jun 28, 2024

Periodical survey requirements for Special, Intermediate and Annual Surveys of bulk carriers and oil...

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Baltic Index Hits Near 2-Months High On Strong Capesize Demand

Categories: News Flash

Date: Jun 28, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...

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Asia Fuel Oil-Markets little changed; Singapore stocks dip after four-week build

Categories: News Flash

Date: Jun 28, 2024

Fuel oil benchmarks were broadly stable in Asia on Thursday, while latest data showed that onshore s...

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“K” LINE Group-Managed Vessels Received the 2023 Best Quality Ship Award

Categories: News Flash

Date: Jun 28, 2024

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that HAMBURG HIGHWAY and CAPE GARN...

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Windward Unveils MAI Expert™, the First of its Kind Maritime AI Virtual Agent Powered by Generative AI to Optimize Global Trade and Risk Management

Categories: News Flash

Date: Jun 28, 2024

Windward, the leading Maritime AI™ company, announced today the launch of a Generative AI-powered ...

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AAL Shipping Awarded Top Honours at AFLAS Awards 2024

Categories: News Flash

Date: Jun 28, 2024

Premium project heavy lift carrier AAL Shipping (AAL) was awarded ‘Best Shipping Line – Project ...

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NORVIC Shipping expands Dubai office

Categories: News Flash

Date: Jun 28, 2024

NORVIC, the global dry bulk owner and operator, is proud to announce the opening of its new, expande...