News Flash

Post Image
China’s Weekly Export Container Shipping Index Down

Categories: News Flash

Date: Sep 13, 2022

China’s index of export container transport declined in the week ending on Sept. 9, according to ...

Post Image
Gas And Heat And Bureau Veritas Make Cargo/Fuel Tank Compatible With Both LNG And Ammonia

Categories: News Flash

Date: Sep 13, 2022

Bureau Veritas (BV), a world leader in testing, inspection and certification, has awarded an Approv...

Post Image
Shipping’s China Syndrome: Demand Sinks Across Multiple Cargo Markets

Categories: News Flash

Date: Sep 13, 2022

In the mid-2000s, when shipping stocks first became popular on Wall Street, the shares were commonl...

Post Image
Baltic Index Rises On Higher Rates For Larger Vessels

Categories: News Flash

Date: Sep 13, 2022

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

Post Image
Dry Bulk Market: EU’s Ban On Russian Coal Lifts Demand Despite Economic Headwinds

Categories: News Flash

Date: Sep 13, 2022

Highlights– The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply a...

Post Image
Japan-India Maritime Exercise, JIMEX 2022, Begins In The Bay Of Bengal

Categories: News Flash

Date: Sep 13, 2022

The sixth edition of Japan-India Maritime Exercise 2022 (JIMEX 22) hosted by Indian Navy began in t...

Post Image
CM Patel Praises Gujarat's Development As Maritime

Categories: News Flash

Date: Sep 13, 2022

Chief Minister Bhupendra Patel, praised the Narendra Modi government for making Gujarat a maritime ...

Post Image
Right Time To Invest In Expanded & Upgraded India’s Ports Sector To Strengthen Logistics

Categories: News Flash

Date: Sep 13, 2022

Commerce and Industry Minister Shri Piyush Goyal visited US and highlighted how digitisation is pow...

Post Image
AMTOI Calls For Ports And Infra Development In Eastern Region

Categories: News Flash

Date: Sep 13, 2022

AMTOI (Association of Multimodal Transport Operators of India), the only Pan India trade body in sh...

Post Image
China Ningbo Containerized Freight Index Down 11.6 pct

Categories: News Flash

Date: Sep 12, 2022

The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s frei...

Post Image
Russian Oil Still Flowing To Europe Via Waters Off Greece

Categories: News Flash

Date: Sep 12, 2022

The West has sanctioned Russia over its invasion of Ukraine, but Russian oil continues to flow to E...

Post Image
Cruel Summer For Container, Dry Bulk Stocks As Sun Shines On Tankers

Categories: News Flash

Date: Sep 12, 2022

Stocks of container and dry bulk shipowners took a beating this summer. Tanker stocks continued the...

Post Image
Ardmore Shipping To Consider Building Methanol-Fueled Tankers

Categories: News Flash

Date: Sep 12, 2022

Leading tankers’ major, Ardmore Shipping may consider ordering new ships with an option to run on...

Post Image
Tanker Market Eased This Week

Categories: News Flash

Date: Sep 12, 2022

Clean For the Middle East clean market it has been muted compared to last week. TC1 saw marginal...

Post Image
Dry Bulk Market: Capesize Sector Flat On Mixed Performance

Categories: News Flash

Date: Sep 12, 2022

Capesize The Capesize sector spent the week trundling along the market floor as the last few day...

Post Image
Shipping’s Emissions Reduction Regulation Should Take Trade Practice Into Account

Categories: News Flash

Date: Sep 12, 2022

Shipping is about to experience its latest round of emission reduction this coming January and alre...

Post Image
SAFEEN Feeders Launches New UAE-China Service

Categories: News Flash

Date: Sep 12, 2022

AD Ports Group’s SAFEEN Feeders has launched a new UAE-China service, deploying a recently purcha...

Post Image
West Coast Port Congestion Leads Norfolk Southern, Union Pacific To Test New Ideas In Cross-Country Rail Shipping

Categories: News Flash

Date: Sep 12, 2022

Ongoing rail congestion at West Coast ports has created an opportunity for East Coast ports, contai...

Post Image
LR Award ‘Digital Twin Approved Certification’ To Furuno For HermAce VDR

Categories: News Flash

Date: Sep 12, 2022

LR has awarded Furuno Hellas with ‘Digital Twin Approved Certification’ for its ground-breaking...

Post Image
APM Terminals Pipavav Sets High Performance Standard In Ship Movement

Categories: News Flash

Date: Sep 10, 2022

APM Terminals Pipavav believes in high operation standards. In pursuit of operational excellence an...

Post Image
India’s BPCL Plans To Load Sokol Cargo In Sept

Categories: News Flash

Date: Sep 10, 2022

Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barre...

Post Image
Russian Vessels With Oil Enter EU Via Hidden Maritime Routes Off Coast Of Greece

Categories: News Flash

Date: Sep 10, 2022

Dozens of vessels loaded with Russian oil covertly arrived at European ports, despite the fact...

Post Image
Athens To Host Agenda-Setting Global Maritime Convention Prestigious Propeller Club’s Annual Event Sets The Tone Of Shipping Industry Discourse

Categories: News Flash

Date: Sep 10, 2022

This year’s International Annual Convention and Conference will be held in Athens this September ...

Post Image
Hyundai Heavy Industries Shipbuilding Workers’ Union To Vote On Walkout On Oct 19-21

Categories: News Flash

Date: Sep 10, 2022

Unionized workers of Korea’s largest shipbuilder Hyundai Heavy Industries Group have warned of co...

Post Image
Even With UN Deal, Ukraine Faces Long Haul To Shift Grain Mountain

Categories: News Flash

Date: Sep 10, 2022

Too few ships are arriving in Ukraine to quickly clear mountains of grain built up over months of w...

Post Image
Shipping Lines And Container Owners In The US Struggle To Return Empty Containers To China

Categories: News Flash

Date: Sep 10, 2022

Shipping lines and container owners in North America (majorly in the US) are finding it difficult t...

Post Image
Baltic Index Advances As Panamax Segment Logs Best Week In Over 8 Years

Categories: News Flash

Date: Sep 10, 2022

The Baltic Exchange’s main sea freight index rose on Friday and recorded its best week in about f...

Post Image
Iron Ore Seaborne Is Down This Year And Canada Is No Exception

Categories: News Flash

Date: Sep 10, 2022

The global iron ore seaborne trade has trended lower so far this year, mainly as a result of China...

Post Image
Navis, DNV Join Forces To Minimize Container Loss

Categories: News Flash

Date: Sep 09, 2022

Navis and DNV have announced a new joint solution to minimise the risk of container incidents at s...

Post Image
Adani-Led Group Gets Extension To Complete Haifa Port Purchase

Categories: News Flash

Date: Sep 09, 2022

A consortium led by India's Adani Group has requested and received an extension from the Israeli go...

Post Image
APM Terminals Pipavav Sets High Performance Standard In Ship Movement

Categories: News Flash

Date: Sep 09, 2022

APM Terminals Pipavav believes in high operation standards. In pursuit of operational excellence an...

Post Image
DSME Wins Order For 7 LNG Carriers Worth Over KRW2tn

Categories: News Flash

Date: Sep 09, 2022

Daewoo Shipbuilding & Marine Engineering (DSME) announced that it has won an order for seven li...