News Flash
CMA CGM Named Best Global Shipping Line at 2024 Asian Freight, Logistics and Supply Chain Awards
Categories: News Flash
Date: Jun 28, 2024
The CMA CGM Group, a global player in sea, land, air and logistics solutions has won the Best Globa...
Iron ore extends gains on sustained China demand, property stimulus
Categories: News Flash
Date: Jun 27, 2024
Iron ore futures prices rose for a second straight session on Wednesday, aided by a wave of buying i...
U.S. crude imports touch two-year high despite lukewarm demand
Categories: News Flash
Date: Jun 27, 2024
U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes...
Cargotec updates its outlook for 2024 due to the completion of the Kalmar demerger
Categories: News Flash
Date: Jun 27, 2024
Cargotec Corporation (“Cargotec”) announced on 26 June 2024 that Cargotec’s Board of Directors...
Samsung Heavy launches mega-sized LNG carrier
Categories: News Flash
Date: Jun 27, 2024
energy company Venture Global LNG announced on June 26 that Samsung Heavy Industries had launche...
KVH Signs Pooled Data Agreement with Starlink
Categories: News Flash
Date: Jun 27, 2024
KVH Industries, Inc. (Nasdaq: KVHI), today announced a greatly expanded relationship with Starlink t...
ZeroNorth and Hapag-Lloyd collaborate on bunker procurement and planning solution to propel industry forward
Categories: News Flash
Date: Jun 27, 2024
ZeroNorth and Hapag-Lloyd have yesterday announced a new strategic partnership aimed at launching an...
Asia Fuel Oil-VLSFO extends climb; hi-5 spread widest in more than five weeks
Categories: News Flash
Date: Jun 27, 2024
Asia’s Very Low Sulphur Fuel Oil (VLSFO) market continued its rebound for a second consecutive day...
Ship owners facing significant emission bills under EU-ETS without proper management, warns Oceanly
Categories: News Flash
Date: Jun 27, 2024
The integration of the shipping sector into the European Union Emissions Trading System (EU-ETS) mar...
Higher Tariffs To Harm US Consumers And Exporters; Economic Decoupling From China Unlikely, Experts Reveal
Categories: News Flash
Date: Jun 27, 2024
Ramping up US import tariffs or attempting to decouple the US economy from China will most damage US...
Baltic index gains on strong capesize demand
Categories: News Flash
Date: Jun 27, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
HMM and CargoX partner to introduce an integrated solution for global electronic BL service to HMM customers
Categories: News Flash
Date: Jun 26, 2024
HMM, Korea’s largest and the world’s eighth-largest container carrier, has announced a strategic...
IMarEST gives back to the seafarer community with special membership fees
Categories: News Flash
Date: Jun 26, 2024
The Institute of Marine Engineering, Science & Technology (IMarEST) celebrates International Day...
India and China top buyers of Russian fuel oil in May, LSEG data shows
Categories: News Flash
Date: Jun 26, 2024
India and China were the top destinations for Russian Seaborne Fuel Oil and Vacuum GasOil (VGO) expo...
Russia’s July western port oil loadings to fall 23% m/m, sources say
Categories: News Flash
Date: Jun 26, 2024
In July, Russia will cut oil exports via its western ports to 1.5 million barrels per day ...
Inmarsat Maritime Whitepaper Recommends Holistic Approach to Cyber Security Ahead Of New IACS Requirements
Categories: News Flash
Date: Jun 26, 2024
Inmarsat Maritime, a Viasat company, has launched a white paper urging maritime organisations to str...
Asia Fuel Oil-VLSFO premium rebounds to three-week high
Categories: News Flash
Date: Jun 26, 2024
Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) climbed to a three-week high on Tuesday as firme...
Höegh Autoliners secures fuel savings and long-term CII compliance with Accelleron and Hanwha engine part-load optimization
Categories: News Flash
Date: Jun 26, 2024
Hanwha and Accelleron have performed an Engine Part Load Optimization (EPLO) for Höegh Autoliners s...
Boers Crew Services highlights the importance of the journey of the maritime professional as the industry joins together to celebrate the Day of the Seafarer
Categories: News Flash
Date: Jun 26, 2024
A crewmate who has just completed his term as the IMO Goodwill Ambassador is shining a light on the ...
Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol
Categories: News Flash
Date: Jun 26, 2024
After months of preparation, Blue World Technologies is proud to announce the successful testing of ...
Baltic index hits two-week low as larger vessel rates dip
Categories: News Flash
Date: Jun 26, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
India imported 8.3 MT steel in FY24, becomes net importer of the metal
Categories: News Flash
Date: Jun 25, 2024
From being an exporter of steel, India became a net importer of the metal in FY24, with an overall t...
India’s LNG surge supports Asia’s imports in June
Categories: News Flash
Date: Jun 25, 2024
Asia’s imports of Liquefied Natural Gas (LNG) are expected to dip slightly in June from May, with ...
TMC to supply ALS compressors to NYK’s LNG carriers
Categories: News Flash
Date: Jun 25, 2024
TMC Compressors (TMC) has been awarded a contract by Hyundai Heavy Industries (HHI) to deliver marin...
The top 4 benefits of good ship engine maintenance practices
Categories: News Flash
Date: Jun 25, 2024
Ship engine maintenance might seem like a costly and time-consuming task that simply cannot be avoid...
China’s LNG imports set to slow
Categories: News Flash
Date: Jun 25, 2024
China appears to have taken advantage of low prices in the spot market so far in 2024 to boost the a...
NIBC reaches agreement on the sale of its shipping portfolio to Hamburg Commercial Bank
Categories: News Flash
Date: Jun 25, 2024
NIBC announces that it has reached agreement to sell its shipping portfolio to Hamburg Commercial Ba...
Asia Fuel Oil-HSFO premium eases; VLSFO steady in quiet trade
Categories: News Flash
Date: Jun 25, 2024
Spot premiums for 380-cst High Sulphur Fuel Oil (HSFO) retreated in Asia on Monday, while Very Low S...
Baltic index falls as larger vessel rates dip
Categories: News Flash
Date: Jun 25, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Celebrating seafarers worldwide on 25 June: International Day of the Seafarer
Categories: News Flash
Date: Jun 25, 2024
On the International Day of the Seafarer, IMO Secretary-General Mr. Arsenio Dominguez pays tribute t...
Red Sea gives shipping an Uber-style price surge
Categories: News Flash
Date: Jun 25, 2024
Anyone who has tried to secure an Uber at a busy time of day will have experienced the ride-hailing ...
Asia Fuel Oil-VLSFO dips; bunker demand cautious after oil spill
Categories: News Flash
Date: Jun 22, 2024
Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) softened in Asia on Friday, while the market eye...