News Flash
India Examining Need To Curb 100% Broken Rice Exports
Categories: News Flash
Date: Aug 27, 2022
India, the world’s biggest exporter of rice, is examining whether there is a need to restrict exp...
Container Lines Brace For Slowdown As Shipping Rates Fall Down Suddenly
Categories: News Flash
Date: Aug 27, 2022
As container shipping lines enjoy what’s left of their most profitable stretch on record, the whe...
Indian Govt Looks Forward To Standardize Security Across All Ports
Categories: News Flash
Date: Aug 27, 2022
The Ministry of Home Affairs is looking to standarise security at all ports across the country, irr...
Peel Ports’ Heysham In Race To Become UK’s First 100% Carbon Neutral Port
Categories: News Flash
Date: Aug 27, 2022
The Port of Heysham, part of leading port operator Peel Ports Group, has reduced the carbon emissio...
Stellium And Voyager Portal Announce Partnership
Categories: News Flash
Date: Aug 27, 2022
Stellium and Voyager Portal have announced a first of its kind partnership to bring a fully integra...
“K” LINE Conducts Trial Use Of Marine Biofuel For Decarbonization On Supramax Bulker
Categories: News Flash
Date: Aug 27, 2022
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that we have conducted a trial us...
Global Equity Funds See Large Outflows On Slowdown Worries
Categories: News Flash
Date: Aug 27, 2022
Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to...
Baltic Index Slides Sharply As Capesizes Hit Two-Year Trough
Categories: News Flash
Date: Aug 27, 2022
The Baltic Exchange’s main sea freight index registered its worst fall in three months on Thursda...
Dockworker Strikes At Northern European Ports Add To Supply Chain Disruption
Categories: News Flash
Date: Aug 27, 2022
European supply chains are set for further disruption as transport unions step up industrial action...
MoPSW To Recast Mormugao Port Monetisation Tender To Attract More Bids
Categories: News Flash
Date: Aug 26, 2022
The Shipping, Ports and Waterways Ministry is likely to restructure the Rs 842 crore tender for mon...
Relief As Rhine Water Rises In Germany, But Expected To Drop Again
Categories: News Flash
Date: Aug 26, 2022
Water levels on the river Rhine in Germany have risen after recent rain but are expected to fall ag...
Soaring Global LNG Prices Push India’s Regasification Plan Off Track
Categories: News Flash
Date: Aug 26, 2022
Lofty global LNG prices and limited supplies threaten to derail India’s regasification capacity p...
Russian Oil Imports To The UK Dry Up For First Time On Record: Official Data
Categories: News Flash
Date: Aug 26, 2022
Lofty global LNG prices and limited supplies threaten to derail India’s regasification capacity p...
Felixstowe Port Strike Might Be Extended Until Year End, Supply Chain Disruption Continues
Categories: News Flash
Date: Aug 26, 2022
Workers at the Port of Felixstowe, who have launched an ongoing strike over wages from 21 Augu...
China’s July Crude Oil Imports Hit 4-Year Low And Drops 9.2% y/y
Categories: News Flash
Date: Aug 26, 2022
China is the world’s largest importer of crude oil, accounting for approximately 25% of global cr...
Ukraine Economy Could Grow By 15.5% In 2023 After Deep Fall – Minister
Categories: News Flash
Date: Aug 26, 2022
Ukraine’s economy should stabilise over the coming year and expand by as much as 15.5% in 2023, d...
Svitzer’s ‘Aim For 8’ Tug Speed Initiative Saves 1000 Tonnes Of CO2
Categories: News Flash
Date: Aug 26, 2022
Svitzer, leading global towage operator and part of A.P. Moller-Maersk, has today announced that it...
As Shipping Companies Brace For New Emissions Rules, Bearing Launches AI Product To Predict And Manage Impact
Categories: News Flash
Date: Aug 26, 2022
New environmental regulations are poised to reshape the economics of maritime shipping. Bearing is ...
Oil Product Stocks Drop To 8-Week Low As Demand Picks Up
Categories: News Flash
Date: Aug 26, 2022
Oil product stockpiles at the UAE’s Port of Fujairah fell to an eight-week low led by a 14% decli...
Crisis-Stricken Sri Lanka Bans Import Of 300 Consumer Goods Items
Categories: News Flash
Date: Aug 25, 2022
The cash-strapped Sri Lankan government has slapped a ban on the import of 300 consumer items like ...
Panama Canal Alerts Ships To Go Slow To Protect Marine Life
Categories: News Flash
Date: Aug 25, 2022
THE Panama Canal authority has initiated seasonal traffic lanes and speed limits, which it hopes wi...
Oil Prices Rebound On Renewed Supply Worries
Categories: News Flash
Date: Aug 25, 2022
The energy sector is pointing to a higher start, backed by strength in the crude complex and major ...
Tropical Storm Ma-On Headed For Southeastern China
Categories: News Flash
Date: Aug 25, 2022
Tropical Storm Ma-on was gaining strength as it headed for Hong Kong and other parts of southeaster...
Renewable Energy Lifting Ops Covered In IMCA Guidance
Categories: News Flash
Date: Aug 25, 2022
The International Marine Contractors Association’s (IMCA’s) ‘Guidelines for lifting operation...
P&O Maritime Logistics Expands Its Cargo Transport Service With New Contract For Containerised Cargo Transport Across The Red Sea
Categories: News Flash
Date: Aug 25, 2022
P&O Maritime Logistics will help debottleneck customer supply chains by ensuring there is a fas...
DNV Launches New Class Notation For Enhanced Tailshaft Condition Monitoring And Performance
Categories: News Flash
Date: Aug 25, 2022
With its TMON(Oil lubricated, +) notation, DNV becomes the world’s first classification society t...
Performance Shipping Inc. Announces Agreement To Acquire Seventh Vessel; Its First LR2 Aframax Oil Product Tanker
Categories: News Flash
Date: Aug 25, 2022
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping compan...
Gold Price Today: Yellow Metal Extends Gains In Choppy Trade, Silver Falls
Categories: News Flash
Date: Aug 25, 2022
Domestic gold prices extended gains on Wednesday amid negative trends in global markets. Global gol...
Pandemic Sets Back Asia-Pacific’s Poverty Fight By 2 Years
Categories: News Flash
Date: Aug 25, 2022
The pandemic has set back the fight against poverty in the Asia-Pacific region by at least two year...
Indian Coast Guard Hands Over 32 Rescued Fishermen To Bangladesh
Categories: News Flash
Date: Aug 24, 2022
The Indian Coast Guard Ship Varad on Tuesday formally handed over all 32 rescued Bangladeshi fisher...
Dockworker Strikes At Northern European Ports Add To Supply Chain Disruption
Categories: News Flash
Date: Aug 24, 2022
European supply chains are set for further disruption as transport unions step up industrial action...
Funding For Cadets Boosted To £43 Million Pounds Over Next Two Years To Help Build The Maritime Sector
Categories: News Flash
Date: Aug 24, 2022
The future of maritime has been given a massive funding boost by the UK Government with an increase...