News Flash
COSCO SHIPPING Holdings Posted Remarkable Results Laying A Solid Foundation for Transformation
Categories: News Flash
Date: Apr 01, 2023
COSCO SHIPPING Holdings Co., Ltd. announced its 2022 annual results. In 2022, COSCO SHIPPING Hol...
Norsepower and IINO Lines agree to install Norsepower Rotor Sails™ on a newbuild VLGC
Categories: News Flash
Date: Apr 01, 2023
Norsepower Ltd., the leading global provider of auxiliary wind propulsion systems, and global shipp...
ECSA and ICS warmly welcome EU decision to recognise training and certification of Filipino seafarers
Categories: News Flash
Date: Apr 01, 2023
The European Commission decided today to continue to recognise the Philippines’ training and cert...
Viterra exits Russian grain trade; team to create new Russian exporter
Categories: News Flash
Date: Apr 01, 2023
Global grain trader Viterra’s management team in Russia plans to create an independent Russian gr...
Refining margin for VLSFO drops over 10% in March
Categories: News Flash
Date: Apr 01, 2023
Asia’s refining margin for 0.5% very low sulphur fuel oil fell by more than 10% in March compared...
Container Values Stabilize, Tanker Tonne Mile Demand Expectations Remain Strong
Categories: News Flash
Date: Apr 01, 2023
The Q1 2023 Forecast is a collaboration between VesselsValue and ViaMar that focusses on predictio...
Baltic index marks worst week in 6 on lower capesize, supramax demand
Categories: News Flash
Date: Apr 01, 2023
The Baltic exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Kawasaki Receives an Order for an 86,700 m-3 LPG-fueled LPG/ NH3 Carrier
Categories: News Flash
Date: Mar 31, 2023
Kawasaki Heavy Industries, Ltd. announced today that it has concluded a shipbuilding contract for ...
CHINA DATA: Crude throughput to dip in March, April amid maintenance
Categories: News Flash
Date: Mar 31, 2023
China’s crude throughput in April is set to fall further from March as both state-owned and smal...
Iron ore extends recent climb, margin pressure caps gains
Categories: News Flash
Date: Mar 31, 2023
Dalian iron ore futures were set for a fourth straight session of gains on Thursday, supported by ...
Japan’s dry bulk imports fall 4% amid weak steel demand
Categories: News Flash
Date: Mar 31, 2023
Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to...
NORDEN enters Capesize segment
Categories: News Flash
Date: Mar 31, 2023
In line with our 2023-2025 strategy to capitalise on the most attractive opportunities in the mark...
Latest IAPH World Ports Tracker: Supply Chain Crunch Over, And Port Investments Proceed In Infrastructure, Energy Transition And Sustainability
Categories: News Flash
Date: Mar 31, 2023
The International Association of Ports and Harbors (IAPH) has just published its latest World Port...
Spot market steady; more April tenders underway
Categories: News Flash
Date: Mar 31, 2023
Asia’s spot fuel oil market was little changed on Thursday, while more tenders for April were in...
Thermal coal imports pick up in most Asian buyers as prices moderate
Categories: News Flash
Date: Mar 31, 2023
Cheaper prices and rising energy demand are boosting seaborne imports of thermal coal among most, ...
French Strikes Snarl Ports, Leaving Millions of Barrels of Oil Stranded on Tankers
Categories: News Flash
Date: Mar 31, 2023
Strikes in France have brought the country’s oil refineries close to a halt, driving a backlog o...
Baltic index inches lower on weak supramax demand
Categories: News Flash
Date: Mar 31, 2023
The Baltic Exchange’s dry bulk sea freight index dipped on Thursday as declines in the supramax ...
Contagion risks loom over Adani Transmission and Adani Ports
Categories: News Flash
Date: Mar 30, 2023
Ratings agency Fitch has said that two Adani Group subsidiaries are exposed to heightened contagion...
Online exams to continue following successful pilot project
Categories: News Flash
Date: Mar 30, 2023
A pilot scheme to allow candidates for the Officer of the Watch (OOW) deck unlimited qualification ...
Ship seized by pirates seen 540 miles west from Gulf of Guinea attack point
Categories: News Flash
Date: Mar 30, 2023
A Danish-owned vessel that was boarded by pirates in the Gulf of Guinea on Saturday was spotted abo...
New destinations for Russian products to boost product tanker shipping demand
Categories: News Flash
Date: Mar 30, 2023
The ongoing shift in refined products trade patterns is likely to strengthen the demand for product...
Wartsila sees role for ethanol in fragmented bunker fuel landscape
Categories: News Flash
Date: Mar 30, 2023
Wartsila is seeing a potential role for ethanol in the shipping industry’s multi-fuel future, wit...
Trans-Atlantic container rates still double pre-COVID levels
Categories: News Flash
Date: Mar 30, 2023
Container shipping rates are not back to normal quite yet. Trans-Pacific rates have returned to pre...
Container shipping asked to clean up its act in view of upcoming scrapping wave
Categories: News Flash
Date: Mar 30, 2023
Triggered by overcapacity, lower freight rates and the new carbon regulations expected this year, n...
VLSFO cash premium slides for third straight day
Categories: News Flash
Date: Mar 30, 2023
Asia’s cash premium for very low sulphur fuel oil (VLSFO) fell for a third consecutive session on...
Klaveness Combination Carriers ASA (“KCC”) Environmental Strategy 2023-50: Paving the way for cost-effective decarbonization in shipping
Categories: News Flash
Date: Mar 30, 2023
Our course is set on a 45% reduction in carbon intensity by 2030 compared against 2018, driven larg...
Shipping Corp to use $22.48m insurance money as capital expenditure
Categories: News Flash
Date: Mar 30, 2023
The Bangladesh Shipping Corporation – a state-owned oceangoing vessel management authority – ha...
Electricity generated from Tidal Energy will be supplied to an Off-Grid island for the First Time in South East Asia
Categories: News Flash
Date: Mar 30, 2023
A tidal-energy demonstration off the grid* of Singapore will start generating power for the first t...
Seaspan Announces Completion of Acquisition of Atlas by Poseidon Acquisition Corp.
Categories: News Flash
Date: Mar 30, 2023
Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas" or the "Company"...
Maersk’s APM Terminals to double capacity in Rotterdam port
Categories: News Flash
Date: Mar 29, 2023
APM Terminals, a subsidiary of Danish shipping company Maersk MAERSKb.CO, plans to double its capac...
Standard Chartered Played a lead role in Vista Shipping’s USD89.6 million Loan for The Acquisition of LNG-Dual Fuelled Vessels
Categories: News Flash
Date: Mar 29, 2023
Standard Chartered was appointed to lead a USD89.6 million sustainability-linked loan (SLL) for Vis...
Nor-Shipping partners to fuel progress with dedicated hydrogen conference
Categories: News Flash
Date: Mar 29, 2023
Nor-Shipping is partnering with Ocean Hyway Cluster, Norway’s leading Hydrogen network, and clust...