News Flash
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...
Asia Fuel Oil-Visco spread narrows; market eyes South Asia tenders
Categories: News Flash
Date: Jun 19, 2024
Asia’s viscosity spread for cst High Sulphur Fuel Oil (HSFO) narrowed further on Tuesday, while th...
South Korea Bolsters Shipbuilding Industry with $10.75 Billion Financial Support
Categories: News Flash
Date: Jun 19, 2024
In a significant move to bolster South Korea’s shipbuilding industry, Minister of Trade, Industry ...
Healthy TEU Volumes at U.S. Ports Amid Softening Industrial Demand
Categories: News Flash
Date: Jun 19, 2024
Cushman & Wakefield’s (NYSE: CWK) latest report on U.S. Ports shows 13 key port-proximate indu...
SRC and GREEN MARINE join forces to bring Methanol Superstorage to market
Categories: News Flash
Date: Jun 19, 2024
SRC Group and GREEN MARINE have signed a collaborative agreement which brings two of the strongest a...
ENGINE: East of Suez Bunker Fuel Availability Outlook
Categories: News Flash
Date: Jun 19, 2024
Singapore and Southeast Asia Lead times for VLSFO in Singapore have fluctuated lately, with most ...
Tymor Marine formalises partnership with Mercy Ships
Categories: News Flash
Date: Jun 19, 2024
Tymor Marine, a maritime technology and naval architecture consultancy based in Aberdeen, UK, has si...
Baltic index hits more than one-month high as capesize rates rise
Categories: News Flash
Date: Jun 19, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Dry Bulk Second Hand Ships in High Demand
Categories: News Flash
Date: Jun 18, 2024
Demand for second hand bulkers has been quite strong since the start of 2024. In fact, according to ...
Solis Marine confirms raft of appointments across the company’s UK and Singapore businesses
Categories: News Flash
Date: Jun 18, 2024
Solis Marine has announced a series of appointments across its UK and Singapore based businesses as ...
FBX Index June 2024: Looking forward
Categories: News Flash
Date: Jun 18, 2024
In May, the FBX index exhibited a consistent upward trend. The index commenced at $2,409 and conclud...
Industry leaders call on governments to recognise impact of increasing protectionism globally at leading Summit in Montreal
Categories: News Flash
Date: Jun 18, 2024
The International Chamber of Shipping (ICS) and the Chamber of Marine Commerce, Canada (CMC) convene...
Red Sea diversions and slower ports cause bigger-than-expected issues – will they last?
Categories: News Flash
Date: Jun 18, 2024
Since early May, shippers, forwarders/NVOs, ocean carriers and ports have experienced a return to ca...
Insightful WISTA Hellas Seminar on “A People-Centered Decarbonization Concept Beyond Sea Level Boundaries” within the framework of the METAVASEA project held at Posidonia 2024
Categories: News Flash
Date: Jun 18, 2024
On Thursday, June 5, within the framework of the METAVASEA project, we proudly hosted an insightful ...
Philippine captain vows to return to sea after Houthi attack
Categories: News Flash
Date: Jun 18, 2024
The Philippine crew of a vessel attacked by Yemen’s Houthi militants was repatriated to the Philip...
S. Korean companies encounter heightened challenges amid prolonged Russia-Ukraine conflict
Categories: News Flash
Date: Jun 18, 2024
As the war between Russia and Ukraine drags on, South Korean companies are increasingly grappling wi...
Baltic Index Flat As Gains In Smaller Vessels Offset Weaker Capesize
Categories: News Flash
Date: Jun 18, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
OrbitMI giving sense of direction to navigate ‘confusing’ digital landscape for healthy tech adoption
Categories: News Flash
Date: Jun 18, 2024
The maritime software market is brimming with a raft of vendors offering a slew of technologies for ...
Flexibility and Future-facing: Ingredients for A Positive Maritime Industry Outlook
Categories: News Flash
Date: Jun 15, 2024
GP General Procurement Company Limited (GENPRO) was delighted to welcome trade and logistics expert ...
Iron ore extends gains; falls for a third week on China demand woes
Categories: News Flash
Date: Jun 15, 2024
Iron ore futures rose for a second straight session on Friday, supported by higher-than-expected hot...
The Valencia Containerised Freight Index (VCFI) decreases in May by -12.98%
Categories: News Flash
Date: Jun 15, 2024
The Valencia Containerised Freight Index (VCFI) for the month of May decreases in a scenario in whic...
GAC to acquire Quadrant Pacific’s ship agency business
Categories: News Flash
Date: Jun 15, 2024
GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market,...
TECO 2030, BLOM Maritime and Samskip receive ENOVA grant to retrofit Samskip LNG Vessel with fuel cells and hydrogen fuel
Categories: News Flash
Date: Jun 15, 2024
TECO 2030 together with BLOM Maritime and Samskip receive a grant for a pre-project aiming to retrof...