News Flash
Goodbulk Ltd. Reports Higher Second Quarter Profits Despite Dry Bulk Market’s Retreat
Categories: News Flash
Date: Sep 17, 2022
GoodBulk Ltd., a leading owner and operator of dry bulk vessels, today announces its financial resu...
Baltic Index Logs Best Week In 7 Months On Capesize Strength
Categories: News Flash
Date: Sep 17, 2022
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Bangladesh Exports Its ‘Largest Ever’ Container Ship To UK
Categories: News Flash
Date: Sep 16, 2022
Bangladesh on Tuesday exported a locally built 6100-ton load capacity high-speed multipurpose conta...
FBCCI Seeks Testing Labs At Ports For Speedy Release Of Goods
Categories: News Flash
Date: Sep 16, 2022
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government on Wedn...
Maersk Drilling Secures Additional Five-Well Drilling Work Scope With Petrogas
Categories: News Flash
Date: Sep 16, 2022
Maersk Drilling and Petrogas E&P Netherlands B.V. have agreed to an amendment of the previously...
Prudent Shipping Investments Closes Financing For 2 Modern Supramax Bulk Carriers Valued At USD45mn
Categories: News Flash
Date: Sep 16, 2022
Prudent Shipping Investments (Prudent), a Singapore based Company, has today (14th September 2022) ...
Hundreds Of Seafarers Still Stuck In Ukraine Despite Grains Corridor – Industry
Categories: News Flash
Date: Sep 16, 2022
Around 82 ships with 418 seafarers remain stuck around Ukrainian ports despite the opening of a U.N...
Fujairah HSFO Premiums Skyrocket As Russian Supplies Move In, Causing Congestion
Categories: News Flash
Date: Sep 16, 2022
The UAE’s Port of Fujairah is getting so crowded with Russian vessels carrying oil products that ...
Baltic Dry Bulk Index Up On Higher Capesize, Supramax Rates
Categories: News Flash
Date: Sep 16, 2022
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Navios Maritime Holdings Inc. Launches $20 Million Tender Offer For Its Series G And Series H American Depositary Shares
Categories: News Flash
Date: Sep 16, 2022
Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), announced to...
Iran May Urge India To Restart Oil Import
Categories: News Flash
Date: Sep 16, 2022
Iran will nudge India towards reviving its procurement of discounted Iranian sweet crude during a m...
India Pitches For Trans-Shipment Of Goods Bound For Bangladesh Via Indian Ports
Categories: News Flash
Date: Sep 16, 2022
The use of Indian ports for trans-shipment of goods such as raw materials for Bangladesh’s ready-...
India: Shipping Industry’s FY23 Margins May Fall To 25-30%
Categories: News Flash
Date: Sep 15, 2022
Margins of the domestic shipping industry may decline to 25-30% in the current fiscal, after hoveri...
Chinese Shipyard Completes FPSO Vessel For LNG Project In Africa
Categories: News Flash
Date: Sep 15, 2022
Chinese shipyard COSCO Shipping Heavy Industry has completed the construction of a floating product...
German Coalition Divided Over Chinese Bid For Hamburg Port Terminal
Categories: News Flash
Date: Sep 15, 2022
Germany’s ruling coalition is divided over whether to let China’s Cosco take a stake in a Hambu...
MSC Is Rerouting Its Ships. To Save Blue Whales
Categories: News Flash
Date: Sep 15, 2022
The Mediterranean Shipping Company (MSC) has started to reroute its ships on the shipping lanes off...
Safety, Legal And Facilitation Aspects Of Autonomous Shipping Discussed :MASS
Categories: News Flash
Date: Sep 15, 2022
Regulating Maritime Autonomous Surface Ships (MASS) has implications for safety, legal and facilita...
LNG Shipping Rates Top $100,000/Day, Oil Tanker Rates Still Rising
Categories: News Flash
Date: Sep 15, 2022
In a typical year, winter demand in the Northern Hemisphere pumps up rates for tankers carrying cru...
China Issues More Export Quotas For Clean Marine Fuel – Trade
Categories: News Flash
Date: Sep 15, 2022
China has issued a fourth batch of export quotas for very low sulphur fuel oil (VLSFO) of 2.75 mill...
Baltic Dry Bulk Index Rises On Gains Across Vessel Segments
Categories: News Flash
Date: Sep 15, 2022
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Newbuilding Activity Increases After The Summer Holidays
Categories: News Flash
Date: Sep 15, 2022
The newbuilding market has picked up the pace over the past week. In its latest weekly report, ship...
Indian Navy's INS Satpura Reaches Australia For Multinational Exercise
Categories: News Flash
Date: Sep 14, 2022
Exercise Pitch Black 22 was hosted by the Royal Australian Air Force at its Darwin Air Base. Spanni...
Bunker Holding Accelerates Sustainability Initiatives In First Ever ESG Report
Categories: News Flash
Date: Sep 14, 2022
As the next step in the Group’s sustainability journey, Bunker Holding can now present its first ...
Peninsula Appoints Technology Partner Veson Nautical To Increase Fleet Visibility
Categories: News Flash
Date: Sep 14, 2022
Peninsula, a global leader in the supply of marine fuels, has today announced its selection of Veso...
MOU Signed With Maersk Training On Training For Offshore Wind Personnel And Alternative Fuel Seafarer Education
Categories: News Flash
Date: Sep 14, 2022
ClassNK has signed an MOU (Memorandum of Understanding) with Maersk Training A/S regarding training...
Xeneta Raises $80 Million Led By Apax Digital
Categories: News Flash
Date: Sep 14, 2022
Xeneta, the leading ocean and air freight rate benchmarking and market analytics platform, today an...
Peters & May Reports Continued Growth And New Appointments
Categories: News Flash
Date: Sep 14, 2022
World-leading global Freight Forwarding specialists Peters & May has continued to strengthen du...
Capesize Bounce Propels Baltic Index To Best Day In 7 Months
Categories: News Flash
Date: Sep 14, 2022
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Staff At Britain’s Biggest Container Port Felixstowe To Strike Again
Categories: News Flash
Date: Sep 14, 2022
Workers at Britain’s biggest container port Felixstowe plan to stage a second eight-day strike ov...
Ports In Eastern China At Standstill As Typhoon Muifa Closes In
Categories: News Flash
Date: Sep 14, 2022
China’s eastern Zhejiang province ordered ships to return to port, asked schools to close and eva...
South-East Asian Ports Record More Action Ahead Of Peak Season
Categories: News Flash
Date: Sep 14, 2022
As China grapples with the zero COVID policy and resulting lockdowns, the demand for containers dec...
Shipping Rates Plunge As Experts Say ‘Unprecedented’ Boom Has Peaked
Categories: News Flash
Date: Sep 13, 2022
Ocean shipping rates on major trade routes have fallen by more than half since the beginning of thi...