News Flash
INTERCARGO condemns deadly attacks on bulk carriers
Categories: News Flash
Date: Jun 15, 2024
Following news that a seafarer has died and another has been seriously injured in the latest Houthi ...
Rescue underway for crew of Greek-owned vessel hit by Houthis, Philippines says
Categories: News Flash
Date: Jun 15, 2024
The crew of a Greek-owned vessel Tutor that was damaged in an attack by Yemeni Houthi militants in t...
Asia Fuel Oil-Markets end week on largely stable note
Categories: News Flash
Date: Jun 15, 2024
Fuel oil benchmarks were broadly stable in Asia on Friday, with cash premiums and crack spreads rang...
Spot rate growth slows but ocean container shipping market will remain extremely challenging
Categories: News Flash
Date: Jun 15, 2024
Ocean freight container shipping spot rates are set to increase further, but there are signs the rec...
Baltic index logs weekly gain on higher rates for smaller vessels
Categories: News Flash
Date: Jun 15, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Oil dips in see-saw session; eyes on US economic data and Fed
Categories: News Flash
Date: Jun 14, 2024
Oil prices dipped slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel...
Seanergy Maritime Announces Successful Delivery of a Japanese Capesize Vessel and Two New Time Charter Agreements with Costamare Bulkers Inc.
Categories: News Flash
Date: Jun 14, 2024
Seanergy Maritime Holdings Corp. announced today the delivery of a previously-announced Capesize ves...
Port Of Los Angeles May Cargo Volume ‘Strong, Consistent’ At 753,000 Container Units
Categories: News Flash
Date: Jun 14, 2024
The Port of Los Angeles processed 752,893 Twenty-Foot Equivalent Units (TEUs) in May. While that rep...
Baltimore’s busy port fully reopens after bridge collapse, and a return to normal is expected
Categories: News Flash
Date: Jun 14, 2024
Commercial shipping traffic through the Port of Baltimore is expected to return to normal levels nex...
Russian Client Unilaterally Scratches off Big Order to Samsung Heavy Industries
Categories: News Flash
Date: Jun 14, 2024
Samsung Heavy Industries has been hit by sanctions against Russia following the Russia-Ukraine war. ...
Posidonia 2024 Bids Farewell to Record Number of Participants, Renews Rendezvous for 2026
Categories: News Flash
Date: Jun 14, 2024
Posidonia 2024 has already gone down in history as the best-attended in the biennial event’s 55 ye...
U.S. East Coast port union strike threat to test shippers’ nerves
Categories: News Flash
Date: Jun 14, 2024
Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, man...
Kongsberg Maritime announces groundbreaking, fuel efficient bulker design
Categories: News Flash
Date: Jun 14, 2024
Kongsberg Maritime has unveiled its radical new ‘Super-Efficient Bulker’ vessel design concept. ...
Asia Fuel Oil-Benchmarks rangebound while Singapore inventories climb
Categories: News Flash
Date: Jun 14, 2024
Singapore fuel oil benchmarks were rangebound on Thursday, while onshore inventories recovered for a...
Baltic index hits near 1-month peak on strong vessels demand
Categories: News Flash
Date: Jun 14, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Newbuilding Prices Climb 3% To Highest Level In 16 Years
Categories: News Flash
Date: Jun 13, 2024
Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Com...
Berg Secures Louis Dreyfus Armateurs Propulsion Package for Wind-Assisted Airbus Ro-Ro Vessels
Categories: News Flash
Date: Jun 13, 2024
BERG Propulsion has won a contract covering the hybrid propulsion solution that ensure three wind-as...
Asia Fuel Oil-HSFO Market Recovers; VLSFO Capped by Ample Supply
Categories: News Flash
Date: Jun 13, 2024
Asia’s High Sulphur Fuel Oil (HSFO) firmed slightly this week, while benchmarks for Very Low Sulph...
TES and “K” LINE Partner for Sustainable Maritime Shipping Solutions
Categories: News Flash
Date: Jun 13, 2024
Tree Energy Solutions (TES), a global green energy company leading the way in the production of e-NG...
US Importers Caught In A Vicious Circle As Labor Union Strike Threat Raises Fears Of Soaring Freight Rates And Massive Disruption At US East And Gulf Coast Ports
Categories: News Flash
Date: Jun 13, 2024
Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to prot...
Port Congestion, Far East
Categories: News Flash
Date: Jun 13, 2024
This week’s chart visualizes the 14-day moving average of actual port days for energy cargo at Far...
Rhine In South Germany Reopens to Shipping As Water Levels Fall
Categories: News Flash
Date: Jun 13, 2024
The river Rhine in South Germany reopened to cargo shipping on Wednesday after being closed by high ...
IMO Mandates That Containers Lost at Sea Must Be Reported
Categories: News Flash
Date: Jun 13, 2024
A step forward for international maritime safety occurred in London recently during the meeting of t...
Shipping Container Prices Soar By 26% In Singapore, Leasing Rates Double
Categories: News Flash
Date: Jun 13, 2024
Recent data from Container xChange indicates a significant impact of congestion on the average conta...
Baltic Index Inches Up As Panamax Gains Offset Capesize Losses
Categories: News Flash
Date: Jun 13, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Konecranes powers up for the future by expanding its electrified portfolio and redefining operations between ship and container stack technology
Categories: News Flash
Date: Jun 12, 2024
Konecranes today announced a number of Port Solutions portfolio launches that reinforce its innovati...
SeaLead Launches Liner Shipping Service Connecting China, South Korea and US West Coast
Categories: News Flash
Date: Jun 12, 2024
SeaLead announces the commencement of its new direct liner shipping service, linking China with Sout...
IMO to open regional office in Fiji to serve the Pacific
Categories: News Flash
Date: Jun 12, 2024
IMO will open its seventh Regional Presence Office, in Suva, Fiji, to serve countries and territorie...
Saudi crude oil exports to China to fall for 3rd straight month in July, sources say
Categories: News Flash
Date: Jun 12, 2024
Saudi crude oil exports to China will fall in July for a third straight month to about 36 million ba...
ScanReach Launches Gas Detection Capabilities for Enhanced Onboard Safety
Categories: News Flash
Date: Jun 12, 2024
ScanReach, a pioneer in maritime IoT solutions, announces the launch of its Fire Risk & Onboard ...
Houlder showcases innovative methanol bunkering vessel design in SPINE project
Categories: News Flash
Date: Jun 12, 2024
Houlder, the design and engineering consultancy with sustainability at its core, is pleased to annou...
Seamar Management invests in FuelOpt™ of Manta Marine Technologies
Categories: News Flash
Date: Jun 12, 2024
Seamar Management S.A. is taking a significant step forward in its ongoing commitment to provide sus...