News Flash
Shipping giant CMA CGM reports drop in quarterly profit, better volumes.
Categories: News Flash
Date: Nov 13, 2023
CMA CGM said on Friday its profit fell in the third quarter as a COVID-era boom in shipping continu...
ABS Consulting Hosts Inaugural Life Sciences Maximo Summit Addressing Asset Management Strategies
Categories: News Flash
Date: Nov 13, 2023
ABSG Consulting Inc. (ABS Consulting), a leading global risk management company, hosted key industr...
Drewry: World Container Index Up 7%
Categories: News Flash
Date: Nov 13, 2023
The composite index increased by 7% to $1,504 this week and has dropped by 46% when compared with t...
Baltic index logs weekly gain as rates across vessels rise.
Categories: News Flash
Date: Nov 13, 2023
The Baltic Exchange’s dry bulk sea freight index rose on Friday, marking a weekly rise, steered b...
China’s weekly coastal bulk freight index rises.
Categories: News Flash
Date: Nov 13, 2023
China’s coastal bulk freight index increased during the week ending on Nov. 10, according to the ...
Charging Lithium-Ion Batteries Caused Fire Destroying Tanker’s Bridge
Categories: News Flash
Date: Nov 10, 2023
While there has been a lot of attention to the dangers of transporting battery-powered vehicles and...
Panama Canal Auction Sets Record $4M for Slot as Congestion Grows
Categories: News Flash
Date: Nov 10, 2023
Major shipping lines are scrambling and looking for ways to deal with the growing backlogs at the P...
U.S. "Friend-Shoring" Framework Isn't Shifting Trade Away From China
Categories: News Flash
Date: Nov 10, 2023
US efforts to encourage Indo-Pacific nations to diversify their trade away from China confront a we...
Japan Provides Aid to Philippines for Five New Coast Guard Patrol Boats
Categories: News Flash
Date: Nov 10, 2023
The Philippines announced today with the support of the Japanese government they will be undertakin...
Shell Sues Greenpeace for $2.1M and Seeks Injunction After At-Sea Boarding
Categories: News Flash
Date: Nov 10, 2023
Shell filed suit against Greenpeace in the UK’s High Court seeking $2.1 million in damages relate...
Hapag Reports Below Forecast Results Warning of Prolonged Challenges
Categories: News Flash
Date: Nov 10, 2023
Hapag-Lloyd became the latest of the large carriers to report a significantly lower financial perfo...
Seaspan Cargo Ships Install Autodocking System from Wärtsilä
Categories: News Flash
Date: Nov 10, 2023
Wärtsilä working with Canada’s Seaspan has completed the first of two planned installations of ...
Mental Health in Casualties to Feature at Seatrade Maritime Salvage & Wreck
Categories: News Flash
Date: Nov 10, 2023
Seatrade Maritime Salvage & Wreck, the leading conference for the salvage industry, will b...
Container Imports Volumes Defy Projections, But Retailers See Q4 Declines
Categories: News Flash
Date: Nov 10, 2023
Container import volumes at U.S. ports accelerated into the fall this year defying most expectation...
Russian Missile Hits Bulker Arriving Odesa Killing Pilot and Injuring Crew
Categories: News Flash
Date: Nov 10, 2023
Ukrainian officials are reporting that an unidentified cargo ship arriving in Odesa was struck by a...
China makes largest US soy purchases in months -traders
Categories: News Flash
Date: Nov 09, 2023
China booked its largest single-day U.S. soybean purchases in at least three months traders said, o...
Greek and Chinese companies own 34% of the global fleet’s cargo capacity
Categories: News Flash
Date: Nov 09, 2023
The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity...
StormGeo Launches EU ETS Solution, Enabling Shipping Companies To Manage Their EU ETS Exposure Efficiently
Categories: News Flash
Date: Nov 09, 2023
StormGeo, a global leader in weather intelligence and vessel optimization and part of Alfa Laval, a...
New One Sea Member Mahi Adds Expertise In Maritime Autonomy
Categories: News Flash
Date: Nov 09, 2023
MAHI has become the latest company to join One Sea, bringing further expertise to the growing assoc...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: Nov 09, 2023
Northwest Europe HSFO has become more widely available for bunkering in Rotterdam and the rest o...
Asia Fuel Oil-VLSFO strength holds after Kuwait term tender
Categories: News Flash
Date: Nov 09, 2023
Asia’s very low sulphur fuel oil (VLSFO) market firmed on Wednesday following a term tender that ...
Ocean Safety enhances technical team with new appointments
Categories: News Flash
Date: Nov 09, 2023
Ocean Safety has made three crucial appointments to enhance its current technical team, reinforcing...
Seaber appoints Willem Dijkhuis as special advisor
Categories: News Flash
Date: Nov 09, 2023
Seaber, the Finnish maritime technology company, is proud to announce the appointment of a new spec...
Nor-Shipping 2025 is already 70% sold out as industry looks to build on success of 2023
Categories: News Flash
Date: Nov 09, 2023
It may be over a year and a half away, but exhibition space at Nor-Shipping 2025 is already in shor...
Weaker capesize rates push Baltic index lower
Categories: News Flash
Date: Nov 09, 2023
The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk co...
Wallenius Wilhelmsen Orders Multiple Dual-Fuel, Methanol-Powered Car Carriers
Categories: News Flash
Date: Nov 08, 2023
Wallenius Wilhelmsen, the global RoRo shipping and vehicle logistics company, has ordered 4 × MAN ...
VETUS D and M-Line Diesel Engines Gain HVO Approval
Categories: News Flash
Date: Nov 08, 2023
As a trailblazer for sustainable boating, HVO compatibility propels VETUS further towards zero emis...
GC Rieber Shipping: Third quarter results 2023
Categories: News Flash
Date: Nov 08, 2023
Operating income from continuing operations was NOK 0.2 million in the third quarter of 2023, compa...
Brookes Bell picks up Technology and Innovation Award for its Corrosion Mapping Service
Categories: News Flash
Date: Nov 08, 2023
Brookes Bell, the world’s leading multi-disciplinary technical and scientific consultancy for the...
Baltic index advances higher as capesize rates gain strength
Categories: News Flash
Date: Nov 08, 2023
The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk co...
New Recommended Practice Aims To Improve Safety In Shallow Waters And Expands Offshore Wind Industry Knowledge
Categories: News Flash
Date: Nov 08, 2023
The rise of offshore wind means specialist vessels are increasing their activity in shallow waters....
WiseTech Global acquires Sistemas Casa to expand global customs capability into Mexico
Categories: News Flash
Date: Nov 08, 2023
WiseTech Global (ASX:WTC), developer of leading logistics execution software CargoWise, today annou...