News Flash
MOL Becomes 1st Japanese Board Member of Book and Claim Community – Environmental Initiative Aims to Decarbonize International Logistics
Categories: News Flash
Date: Sep 16, 2024
Mitsui O.S.K. Lines, Ltd. announced that it has become the first Japanese company to join the board ...
ClassNK releases ‘Guidelines for Liquefied Hydrogen Carriers (Edition 3.0)’ – responding to diversification of cargo containment systems and reflecting latest findings
Categories: News Flash
Date: Sep 16, 2024
ClassNK has released the ‘Guidelines for Liquefied Hydrogen Carriers (Edition 3.0)’, which cover...
Panama Canal Operational Strategies Presented at the International Investors Forum
Categories: News Flash
Date: Sep 16, 2024
The 2025 Investors Forum, organized by the Latin American Stock Exchange (LATINEX), analyzed the eco...
China’s falling iron ore demand is only half the story
Categories: News Flash
Date: Sep 16, 2024
With Chinese steel demand now dropping faster than expected, the outlook for Australian iron ore –...
New shipping routes dodge carbon costs along with Red Sea risks, according to Concordia research
Categories: News Flash
Date: Sep 16, 2024
The political and military instability in the Red Sea and eastern Mediterranean has forced global sh...
Asia-USEC container rates plunge by 20% as shippers avoid possible ILA strike
Categories: News Flash
Date: Sep 16, 2024
Average global rates for shipping containers fell significantly this week, including a 21% decrease ...
Tanker Market: VLCCs on the Rise
Categories: News Flash
Date: Sep 16, 2024
Clean LR2 MEG LR2s made gains this week, with the rate for TC1 (75Kt MEG/Japan) recovering 4 point...
Even After Houthi Attacks, Russia-Linked Tankers Return to Red Sea
Categories: News Flash
Date: Sep 16, 2024
The maritime incidents involving oil tankers in the Red Sea highlight significant risks for vessels ...
Premier Alliance to Cooperate with MSC in Asia – Europe Trade
Categories: News Flash
Date: Sep 14, 2024
Yang Ming Marine Transport Corp. (“Yang Ming”), a member of Premier Alliance, is pleased to anno...
Plymouth Marine Laboratory joins Seabed 2030 to advance understanding of the global ocean
Categories: News Flash
Date: Sep 14, 2024
The Nippon Foundation-GEBCO Seabed 2030 Project has entered into a new partnership with Plymouth Mar...
Shipping lenders’ climate risk exposure
Categories: News Flash
Date: Sep 14, 2024
Lenders to shipping are increasingly considering climate performance when setting loan margins, a st...
Globus Maritime Limited Reports First Half Net Income of $17.2 Million
Categories: News Flash
Date: Sep 14, 2024
Globus Maritime Limited, a dry bulk shipping company, today reported its unaudited consolidated fina...
Cargo Integrity Group reminds of the need for accurate and reliable emergency contact information
Categories: News Flash
Date: Sep 14, 2024
The Cargo Integrity Group is issuing an urgent reminder of the need for an emergency contact telepho...
JX, NYK, and KNCC Jointly Conduct Demonstration Experiment of Elevated Pressure (EP) Method in CO2 Liquefaction and Storage Process
Categories: News Flash
Date: Sep 14, 2024
On August 28, JX Nippon Oil & Gas Exploration Corporation (JX), Nippon Yusen Kabushiki Kaisha (N...
Know your wood – Sustainable Shipping
Categories: News Flash
Date: Sep 14, 2024
Potential impact on shipping Cargo ships regularly carry wood as cargo or to secure cargo (e.g. a...
MOL and Chevron Shipping Company to Install Wind Challenger on LNG Carrier Wind-Assisted Ship Propulsion Systems is an LNG Shipping First
Categories: News Flash
Date: Sep 14, 2024
As part of their ongoing commitment to lower the carbon intensity of their operations, Mitsui O.S.K....
Asia Fuel Oil-VLSFO benchmarks log weekly declines
Categories: News Flash
Date: Sep 14, 2024
Asia’s benchmarks for Very Low Sulphur Fuel Oil (VLSFO) logged weekly declines as of Friday, a sig...
Baltic index en route to weekly fall as capesize dips
Categories: News Flash
Date: Sep 14, 2024
The Baltic Exchange’s main sea freight index fell on Friday and was on its way for its first weekl...
Hellenic Hull Management and Concirrus driving Digital Transformation in underwriting business
Categories: News Flash
Date: Sep 13, 2024
Concirrus, the leading provider of AI-powered marine insurance intelligence, today announced that ha...
Saudi crude oil supply to China set to rise to 46 mln bbls in Oct, sources say
Categories: News Flash
Date: Sep 13, 2024
Saudi Arabia’s crude oil supply to China is set to rise to 46 million barrels in October, trade so...
Asian LNG buyers seek flexible contracts to backstop supply security
Categories: News Flash
Date: Sep 13, 2024
Asian LNG importers are increasingly using flexibility in LNG contracts to manage supply security su...
DNV and Brinav signs MOU further broadening their autonomy collaboration
Categories: News Flash
Date: Sep 13, 2024
Classification society DNV and Navigation Brilliance (Brinav), have signed a memorandum of understan...
China’s crude oil imports rebound, but it’s prices, not consumption
Categories: News Flash
Date: Sep 13, 2024
China’s crude oil imports staged a rebound in August, rising to the highest in a year, but the inc...
Trump tariff threats will trigger import ‘rush,’ say trade experts, and consumers pay the price
Categories: News Flash
Date: Sep 13, 2024
Trade analysts are warning that new tariffs threatened by former President Donald Trump, which he do...
Asia Fuel Oil-VLSFO eases while HSFO retains support
Categories: News Flash
Date: Sep 13, 2024
Asia’s very low Sulphur fuel oil (VLSFO) showed signs of further easing on Thursday as backwardati...
Baltic index falls as capesize rates decline
Categories: News Flash
Date: Sep 13, 2024
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commoditie...
European shipowners and fuel producers join forces and launch Clean Maritime Fuels Platform
Categories: News Flash
Date: Sep 13, 2024
Access to clean maritime fuels is a top priority for the decarbonisation of the shipping sector. The...
Risky salvage of Sounion tanker to restart in Red Sea this week, sources say
Categories: News Flash
Date: Sep 13, 2024
Experts will this week resume a risky operation to salvage the Sounion tanker which was attacked by ...
Bearish oil price view looms over LNG trading and contracting activity
Categories: News Flash
Date: Sep 12, 2024
US elections watched closely for impact on foreign policy A bearish oil price view for 2025 is li...
Vale bumps up 2024 iron ore production forecast, shares rise
Categories: News Flash
Date: Sep 12, 2024
Brazilian miner Vale on Wednesday bumped up its forecast for iron ore output this year after a stron...
Oceanic Partners with VIKAND to Provide Mental Health Training to Officers
Categories: News Flash
Date: Sep 12, 2024
Global marine services provider Oceanic, through its SeaMedzą Medical Solutions, will offer VIKAND'...
Weathernews and Lauritzen Bulkers sign new 3-year contract for enhanced maritime solutions
Categories: News Flash
Date: Sep 12, 2024
Weathernews, a global leader in weather intelligence and maritime solutions, is pleased to announce ...