News Flash

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River Rhine in South Germany remains closed to shipping after rain

Categories: News Flash

Date: Jun 06, 2024

Parts of the river Rhine in South Germany were still closed to cargo shipping on Wednesday after hea...

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Asia Fuel Oil-HSFO rally pares, cracks retreat from recent highs

Categories: News Flash

Date: Jun 06, 2024

Asia’s High Sulphur Fuel Oil (HSFO) market eased on Wednesday, paring back from a recent rally tha...

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PPG announces partnership with RightShip

Categories: News Flash

Date: Jun 06, 2024

PPG yesterday announced a collaboration with RightShip, a digital maritime sustainability platform, ...

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Capital Gas, Erma First & Babcock Collaborate On Carbon-Fit CCS System For The World’s Largest LCO2 Carriers

Categories: News Flash

Date: Jun 06, 2024

Capital Gas, Erma First and Babcock signed a Letter of Intent (LoI) to install a pioneering Carbon C...

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Baltic index hits three-week high on higher vessel rates

Categories: News Flash

Date: Jun 06, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...

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KR and HD Hyundai Sign Business Agreement for Pilot Project of Cloud-based Next-Generation Smart Ship Solution

Categories: News Flash

Date: Jun 05, 2024

KR has signed an MoU with HD Hyundai to collaborate on the pilot project of a cloud-based next-gener...

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Diamond Line and Tarros announce new weekly PAE service

Categories: News Flash

Date: Jun 05, 2024

Diamond Line, COSCO SHIPPING Europe’s short-sea and feeder carrier, and Tarros Group are starting ...

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Wilhelmsen Port Services Revolutionises Port Call Payments with Innovative Financing Model

Categories: News Flash

Date: Jun 05, 2024

Wilhelmsen Port Services announces the launch of a groundbreaking financial service that eliminates ...

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Tankerska makes digital leap forward through Metis and Kongsberg Digital collaboration

Categories: News Flash

Date: Jun 05, 2024

A collaboration between Metis, Kongsberg Digital, and Tankerska plovidba has significantly advanced ...

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Asia Fuel Oil-VLSFO eases, spot trading flurry emerges

Categories: News Flash

Date: Jun 05, 2024

Asia’s spot market for Very Low Sulphur Fuel Oil (VLSFO) dipped on Tuesday after a flurry of spot ...

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Iron ore nears seven-week low as weak fundamentals weigh

Categories: News Flash

Date: Jun 05, 2024

Iron ore futures extended falls on Tuesday to their lowest levels in nearly seven weeks, as signs of...

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MAN Energy Solutions Signs MoU with Eastern Pacific Shipping on Ammonia Training Development

Categories: News Flash

Date: Jun 05, 2024

MAN Energy Solutions has signed a Memorandum of Understanding (MoU) with Eastern Pacific Shipping (E...

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Baltic index inches up on capesize gains

Categories: News Flash

Date: Jun 05, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...

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ABS: MOU Signed to Use AI Technologies to Eliminate Ship Blind Spots

Categories: News Flash

Date: Jun 05, 2024

At Posidonia 2024, ABS signed a memorandum of understanding (MOU) with HD Korea Shipbuilding & O...

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Sanctioned tankers pose rising environmental risk in Mediterranean, Greece says

Categories: News Flash

Date: Jun 05, 2024

Unregulated tankers side stepping Western sanctions are posing a bigger risk to the Mediterranean re...

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HAMMONIA Reederei joins the Stena Sonangol Suezmax Pool

Categories: News Flash

Date: Jun 04, 2024

The Stena Sonangol Suezmax Pool, a joint venture between leading tanker shipping company Stena Bulk,...

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NorthStandard to offer ShipIn Systems’ FleetVision™ safety gains through Get SET! Digital product portfolio

Categories: News Flash

Date: Jun 04, 2024

NorthStandard and ShipIn Systems have announced a collaboration to promote the AI-powered fleet mana...

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Carrier Transicold’s Lynx Fleet Platform Enhances Monitoring of Refrigerated Fleets for Evergreen Marine Corp.

Categories: News Flash

Date: Jun 04, 2024

As one of the world’s leading shipping lines, Evergreen Marine Corp. is enhancing its operations b...

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ADNOC Logistics & Services to Acquire Navig8

Categories: News Flash

Date: Jun 04, 2024

ADNOC Logistics and Services Plc., a global energy maritime logistics company, today announced an ag...

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ABS 2024 Outlook Highlights Active Shift in Fleet Composition Toward More Sustainable Fuel Alternatives

Categories: News Flash

Date: Jun 04, 2024

According to the latest ABS research, geopolitical instability, scalability of fuel production and r...

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Asia Fuel Oil-HSFO cash premium rises on stronger bids

Categories: News Flash

Date: Jun 04, 2024

Cash premium for 380-cst High-Sulphur Fuel Oil climbed on the first trading day of June as a flurry ...

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Data-driven maintenance offers clear path for improving fleet reliability and efficiency

Categories: News Flash

Date: Jun 04, 2024

Joint research from Lloyd’s Register (LR), Nippon Yusen Kabushiki Kaisha (NYK Line) and MTI Co., L...

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Freight Investor Services (FIS) acquires GR8 Chartering

Categories: News Flash

Date: Jun 04, 2024

Freight Investor Services (FIS), the leading freight and commodity futures broker, is delighted to a...

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Two-thirds of European green shipping fuel projects at risk – analysis

Categories: News Flash

Date: Jun 04, 2024

Two-thirds of European green shipping fuel projects are at risk, a new Transport & Environment (...

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Baltic index snaps 3-session winning streak on lower rates

Categories: News Flash

Date: Jun 04, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...

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OTESAT MARITEL Receives Type Approval Certificates

Categories: News Flash

Date: Jun 03, 2024

OTESAT MARITEL, a globally recognized brand in the Satellite Telecommunications market, and Bureau V...

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China Merchants Group plans to consolidate shipping operations

Categories: News Flash

Date: Jun 03, 2024

China Merchants Group is planning to consolidate its container line operations amid a boom in the gl...

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Bringing over 160 years of experience in shipbuilding and maintenance – ONEX Shipyards joins Green Award to provide incentives to frontrunner shipping companies

Categories: News Flash

Date: Jun 03, 2024

Green Award Foundation proudly announces that ONEX Shipyards has joined us to provide incentives to ...

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Asia spot prices hold at near 6-month top as heatwave persists

Categories: News Flash

Date: Jun 03, 2024

Asian spot Liquefied Natural Gas (LNG) prices saw a slight decline this week, but still held near a ...

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Demand may push China’s LNG imports to record high

Categories: News Flash

Date: Jun 03, 2024

Fuelled by strong demand from the industrial sector amid an economic recovery and industrial decarbo...

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Iron ore prices lack conviction despite China stimulus moves

Categories: News Flash

Date: Jun 03, 2024

The balance of risks for iron ore prices are tilted to the downside despite top buyer China’s most...

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Oil price forecasts cut as supply risks trend lower

Categories: News Flash

Date: Jun 03, 2024

Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lo...