News Flash
Trafigura charters supertanker to load gasoil from Mideast
Categories: News Flash
Date: Jun 22, 2024
Global commodities trader Trafigura loaded diesel onto a supertanker in the Middle East this week, t...
Baltic index logs weekly gain on strong capesize demand
Categories: News Flash
Date: Jun 22, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
ARA fuel stocks fall on the week, Insights Global data shows
Categories: News Flash
Date: Jun 22, 2024
Refined oil products stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) ref...
China, US push for green international shipping corridor
Categories: News Flash
Date: Jun 22, 2024
China and the United States are pushing for the green, low-carbon, and sustainable development of th...
Hong Kong: Government proposes amendments to update regulations on merchant shipping safety to comply with international standards
Categories: News Flash
Date: Jun 22, 2024
The Government gazetted a proposal comprising the introduction of a new Merchant Shipping (Safety) (...
India’s May oil imports: Russia at record high, Saudi lowest in 10-mth
Categories: News Flash
Date: Jun 22, 2024
India’s oil imports from Russia rose to a record of about 2.1 million barrels per day (bpd) in May...
Rare LNG vessel sails through Red Sea amid Houthi attacks, data shows
Categories: News Flash
Date: Jun 22, 2024
The first Liquefied Natural Gas (LNG) tanker since January is sailing through the Red Sea, just days...
Wintermar Offshore Investing More in the OSV Market
Categories: News Flash
Date: Jun 22, 2024
PT Wintermar Offshore Marine Tbk (WINS:JK) has invested US $13.9 million out of total planned capex ...
Finally, carriers add more loops, cancel fewer sailings
Categories: News Flash
Date: Jun 22, 2024
Are carrier services getting more predictable? In a volatile, under-supplied market, it is a nice fe...
Beware a potential flaw in index-linked ocean container shipping contracts, which could cost millions of dollars
Categories: News Flash
Date: Jun 21, 2024
Index-linked contracts are becoming increasingly popular in ocean freight container shipping, but so...
China’s oil imports from Russia fall to seven-month low
Categories: News Flash
Date: Jun 21, 2024
Russia’s crude oil exports to China in May fell to a seven-month low, official data showed on Thur...
Singapore to seek compensation from ship owner for oil spill, media reports say
Categories: News Flash
Date: Jun 21, 2024
Singapore will seek compensation for the costs incurred in an oil spill last week from the owners of...
New Monna Lisa Vessel to Cut Tonnes Of CO2 And VOC Emissions By Opting For International® Marine Coatings Solutions
Categories: News Flash
Date: Jun 21, 2024
International®, AkzoNobel’s marine coatings brand, has today [20th June] announced that a new cab...
India approves $9-billion port to boost trade with Europe
Categories: News Flash
Date: Jun 21, 2024
India’s cabinet approved the development on Wednesday of a new deep-water port that the government...
Emanuele Grimaldi re-elected as Chairman of the International Chamber of Shipping
Categories: News Flash
Date: Jun 21, 2024
The International Chamber of Shipping (ICS) Board of Directors has unanimously re-elected Emanuele G...
Day Of The Seafarer: Health Tips To Support Safety At Sea
Categories: News Flash
Date: Jun 21, 2024
The Day of the Seafarer (25th June) recognizes the vital contribution made by seafarers from all ove...
Asia Fuel Oil-HSFO softens; inventories extend gains for fourth week
Categories: News Flash
Date: Jun 21, 2024
Asia’s 380-cst High Sulphur Fuel Oil (HSFO) market weakened on Thursday as a lower-priced trade em...
New IMO guidance for managing challenging ballast water quality
Categories: News Flash
Date: Jun 21, 2024
At its 81st meeting in March 2024, the IMO MEPC adopted Resolution MEPC.387(81), with interim guidan...
Baltic index hits more than one-month high on strong capesize demand
Categories: News Flash
Date: Jun 21, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Nippon Paint Marine’s FASTAR coating wins the Environmental Technology Award from the Japan Chemical Industry Association
Categories: News Flash
Date: Jun 20, 2024
Nippon Paint Marine, a coatings leader for the maritime industry, has announced that FASTAR, its pre...
Hempel’s high-performance marine coating solution, Hempaguard, receives DNV validation
Categories: News Flash
Date: Jun 20, 2024
Hempaguard X7’s decarbonization efforts in the maritime industry are now third-party verified, and...
Wärtsilä propulsion solutions expected to deliver 5% fuel savings for International Seaways tankers
Categories: News Flash
Date: Jun 20, 2024
Technology group Wärtsilä today announced it will supply its EnergoFlow and EnergoProFin propulsio...
ePropulsion Offers Ultimate MFD Compatibility with New Smart Gateway
Categories: News Flash
Date: Jun 20, 2024
ePropulsion, a global leader and market innovator in marine electric propulsion systems and services...
Weather news further enhances Sea Navigator platform with powerful new tools
Categories: News Flash
Date: Jun 20, 2024
In line with its focus on continuous improvement of its cloud-based Sea Navigator voyage-optimizatio...
Shipping industry calls for action following the attack on the MV Tutor and cargo ship Verbena
Categories: News Flash
Date: Jun 20, 2024
The shipping community is appalled and deeply saddened by the tragic news that yet another seafarer ...
AI tools key to the ‘urgent action’ needed to meet IMO climate targets
Categories: News Flash
Date: Jun 20, 2024
Yarden Gross, CEO and Co-founder of maritime technology start-up Orca AI, champions the rapid but re...
Asia Fuel Oil-Spot 180-cst premium weakens; India sales tenders awarded
Categories: News Flash
Date: Jun 20, 2024
The spot cash premium for 180-cst High Sulphur Fuel Oil (HSFO) remained under pressure on Wednesday,...
Auramarine signs representative agreement with HAGEDORN Products & Systems GmbH and HAGEDORN Service & Engineering GmbH, Germany
Categories: News Flash
Date: Jun 20, 2024
Auramarine Ltd, the renowned provider of fuel supply systems for the marine, power and process indus...
Baltic index snaps 5 sessions of gains as larger vessel rates dip
Categories: News Flash
Date: Jun 20, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Should crude tanker owners start trimming spot exposure?
Categories: News Flash
Date: Jun 19, 2024
Crude tanker owners are enjoying a dream run in charter rates as stretched voyages due to the Russia...
DP World Romania doubles container shipping capacity in Black Sea port
Categories: News Flash
Date: Jun 19, 2024
DP World Romania has more than doubled its container shipping operating capacity in the Black Sea po...
China Merchants Energy Tech strike deal with Union Maritime Ltd to supply BAR Technologies WindWings® for new MARIC designed LR2 tankers at New Yangzi Shipbuilding
Categories: News Flash
Date: Jun 19, 2024
Emer International Limited, a subsidiary of CM Energy Tech Co., Ltd (CM Energy), has signed two cont...