News Flash
IEC Telecom introduces OptiShield advanced cybersecurity solution for vessels
Categories: News Flash
Date: Nov 28, 2023
In an era of heightened cyber awareness by vessels, leading international satellite service operato...
Baltic index scales 1 and 1/2-year peak on robust demand for bigger ships
Categories: News Flash
Date: Nov 28, 2023
The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third consecutive session...
Dry Bulk Market: Capesizes Record Third Weekly Gain
Categories: News Flash
Date: Nov 27, 2023
Capesize For the first half of the week, the market faced subdued activity, particularly in the ...
Q3’23 Carbon emission carrier ranking | US West Coast to Far East
Categories: News Flash
Date: Nov 27, 2023
We are back with the latest edition of the Xeneta and Marine Benchmark Carbon Emission Index (CEI),...
What to expect in 2024 – 5 trends in freight forwarding
Categories: News Flash
Date: Nov 27, 2023
The world of freight forwarding is constantly evolving, driven by global economic shifts, technolog...
Israeli-linked chemical tanker seized in Gulf of Aden -US official, vessel company.
Categories: News Flash
Date: Nov 27, 2023
Unidentified armed individuals have seized a tanker carrying a cargo of phosphoric acid in the Gulf...
Understanding of fuel life cycle assessment terminology – glossary launched
Categories: News Flash
Date: Nov 27, 2023
A new simplified glossary that supports the industry to gain a better understanding of the terminol...
Partnership Funding Supports Development of Safer Waves
Categories: News Flash
Date: Nov 27, 2023
On the International Day for Elimination of Violence Against Women The Seafarers’ Charity, UK P&a...
Drewry: LNG Shipping Equity Index Down 7.5% This Year
Categories: News Flash
Date: Nov 27, 2023
The Drewry LNG Shipping Equity Index declined 7.5% YTD (as of 16 November 2023), underperforming th...
Three major Greek shipping companies stop transporting Russian oil.
Categories: News Flash
Date: Nov 27, 2023
Three major Greek shipping firms – Minerva Marine, Thenamaris and TMS Tankers – have stopped tr...
China’s weekly export container shipping index up
Categories: News Flash
Date: Nov 27, 2023
China’s export container shipping index increased in the week ending Nov. 24, according to the Sh...
Panama canal announces special auction slot starting Saturday
Categories: News Flash
Date: Nov 27, 2023
The Panama Canal, one of the world’s main maritime trade routes, announced on Friday it is launch...
Steerprop To Supply Arctic Bow Thrusters For Canada’s New Polar Icebreaker
Categories: News Flash
Date: Nov 24, 2023
Steerprop, a leading designer and manufacturer of high-performance propulsion systems, has been cho...
GLO Marine Appoints Charles Day as Business Development Director
Categories: News Flash
Date: Nov 24, 2023
GLO Marine, a rapidly expanding player in maritime retrofit solutions, strengthens its leadership t...
Coal imports to India in October 2023 reached highest levels in nearly a year and a half.
Categories: News Flash
Date: Nov 24, 2023
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson ...
Coal shipments to advanced economies down 17% so far in 2023
Categories: News Flash
Date: Nov 24, 2023
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand fo...
Panama Canal proposes long-term solutions to improve drought issues as low water levels remain.
Categories: News Flash
Date: Nov 24, 2023
As low water levels limit movement across the Panama Canal, a potential solution is in the works to...
ENGINE: Americas Bunker Fuel Availability Outlook
Categories: News Flash
Date: Nov 24, 2023
North America Houston’s demand for bunker fuel has decreased this week after a spike in demand...
Wellbeing and welfare boost for Indian maritime cadets
Categories: News Flash
Date: Nov 24, 2023
Thousands of cadets and trainees in India will benefit from in-depth wellness training and support ...
Wärtsilä to retrofit ten Hafnia tankers for improved propulsion efficiency.
Categories: News Flash
Date: Nov 24, 2023
Technology group Wärtsilä will supply its EnergoFlow and EnergoProFin solutions for ten Bird Clas...
Asia Fuel Oil-VLSFO extends fall; Singapore stockpiles rise.
Categories: News Flash
Date: Nov 24, 2023
Asia’s very low sulphur fuel oil (VLSFO) market slipped further on Thursday, while inventories at...
Baltic index snaps 3-day losing streak as shipping rates rise.
Categories: News Flash
Date: Nov 24, 2023
The Baltic Exchange’s main sea freight index snapped its three session losing streak on Thursday,...
Europe & Africa Fuel Availability Outlook
Categories: News Flash
Date: Nov 23, 2023
Northwest Europe Prompt supply of HSFO is said to be tight in the ARA bunkering hub, requiring l...
Maersk enters deal for half a million tonnes of green methanol annually.
Categories: News Flash
Date: Nov 23, 2023
Maersk MAERSKb.CO on Wednesday announced it had entered into the shipping industry’s first large-...
Morocco Project Update: Successful Completion of Industrial Demonstration Test
Categories: News Flash
Date: Nov 23, 2023
Quadrise Plc., the supplier of innovative energy solutions for a cleaner planet, provides an update...
Sharing Information within the Group Using Video Communication Site for Employees “K” Line
Categories: News Flash
Date: Nov 23, 2023
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) manages “K” Line, the video communication site for e...
The European Parliament abandoning the “Carbon Correction Factor” is good news for shipping.
Categories: News Flash
Date: Nov 23, 2023
The Parliament has listened to reason and in a vote on CO2-regulation of heavy-duty vehicles decide...
World’s First Methanol-Fuelled Engine Ordered for VLCC Segment
Categories: News Flash
Date: Nov 23, 2023
China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of ...
Baltic index slips on weaker capesize rates.
Categories: News Flash
Date: Nov 23, 2023
The Baltic Exchange’s main sea freight index extended declines to a third straight session on Wed...
Asia Naphtha/Gasoline-Gasoline dips on thin trade; oil demand outlook seen bearish.
Categories: News Flash
Date: Nov 23, 2023
Asia’s gasoline prices GL92-SIN edged lower on Wednesday as refining margins remained weak while ...
Asia Fuel Oil-VLSFO rally pares while market eyes supply drivers.
Categories: News Flash
Date: Nov 23, 2023
Asia’s spot market for very low sulphur fuel oil (VLSFO) eased on Wednesday, as trade participant...
River Rhine in south Germany re-opened to shipping as water levels fall.
Categories: News Flash
Date: Nov 23, 2023
The river Rhine in south Germany was re-opened to shipping on Tuesday night after being closed afte...