News Flash
Russia’s Gazprom ships first LNG cargo this year from Portovaya to Asia around Africa – LSEG data
Categories: News Flash
Date: Apr 24, 2024
Russia’s Gazprom GAZP.MM is shipping its first cargo of liquefied natural gas to Asia this year f...
China’s strong iron ore imports diverge from weak steel output
Categories: News Flash
Date: Apr 24, 2024
China’s first quarter imports of iron ore and its domestic production of the steel raw material ...
Atlantic Supramax scrap market moves sideways in week 16
Categories: News Flash
Date: Apr 24, 2024
The Supramax segment in Continental Europe and the Baltic Sea experienced a loss of momentum, with ...
Baltic index hits one-week low on capesize weakness
Categories: News Flash
Date: Apr 24, 2024
The Baltic Exchange’s dry bulk sea freight index extended declines on Tuesday and touched its low...
Singapore Maritime Foundation and International Group of P&I Clubs Cooperate to Promote Marine Liability Education and Training to Singapore Talent Pool
Categories: News Flash
Date: Apr 23, 2024
The Singapore Maritime Foundation (SMF) and the International Group of P&I Clubs (IGP&I) on...
MHI turns Exhaust into Efficiency
Categories: News Flash
Date: Apr 23, 2024
Under the auspices of the IMarEST UAE branch, Mitsubishi Heavy Industries Marine Machinery & Eq...
WISTA International’s ExCo Mid-Term Meeting and Conference Champions Connectivity and Diversity in the Maritime Industry
Categories: News Flash
Date: Apr 23, 2024
After a successful mid-term meeting of the ExCo (Executive Committee) of WISTA International, toda...
MOL Becomes First Japanese Operator to Commercially Install Onboard CO2 Capture System
Categories: News Flash
Date: Apr 23, 2024
Mitsui O.S.K. Lines, Ltd. announced that it has decided to equip its LR1 product tanker Nexus Victo...
ABS Releases Industry First Advisory on Methanol Bunkering
Categories: News Flash
Date: Apr 23, 2024
With the publication of ABS Methanol Bunkering: Technical and Operational Advisory, ABS is expandin...
Asia Fuel Oil-VLSFO market eases; Kuwait’s Al Zour offers May cargo
Categories: News Flash
Date: Apr 23, 2024
Asia’s very low sulphur fuel oil (VLSFO) market retreated on Monday, while Kuwait’s Al Zour ref...
Wärtsilä cargo handling and fuel gas supply systems continue to be the choice for Very Large Ethane Gas Carriers
Categories: News Flash
Date: Apr 23, 2024
Wärtsilä Gas Solutions, part of technology group Wärtsilä has been contracted to supply the car...
BHP says it aims to receive first ammonia-fuelled bulk carrier in 2026
Categories: News Flash
Date: Apr 23, 2024
Australia’s BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026 as pa...
WAF crude tanker rates soften amid regional tonnage overhang
Categories: News Flash
Date: Apr 23, 2024
Freight rates for the West African dirty tanker segment have declined significantly over the past w...
Baltic index dips on weaker capesize rates
Categories: News Flash
Date: Apr 23, 2024
The Baltic Exchange’s dry bulk sea freight index slipped on Monday as lower capesize rates offset...
Global freight, insurance, crew wages to spike as Israel attacks Iran: shippers
Categories: News Flash
Date: Apr 22, 2024
Global shipping freight, insurance, and crew wages will likely increase significantly in the near t...
Reflecting on One Year of CII Regulations: Navigating Decarbonization in Shipping
Categories: News Flash
Date: Apr 22, 2024
As we mark one year since the enforcement of the Carbon Intensity Indicator (CII) regulation, the m...
Ambrey: Ships transiting the Gulf, Western Indian Ocean should stay alert
Categories: News Flash
Date: Apr 22, 2024
British security firm Ambrey said on Friday merchant vessels transiting the Gulf and Western Indian...
ABS and DOE Sign MOU to Collaborate on Clean Energy Development and Maritime Decarbonization Research
Categories: News Flash
Date: Apr 22, 2024
ABS and U.S. Department of Energy (DOE) are to collaborate on clean energy development in the marit...
KEYS Azalea Completes First Ship-to-Ship LNG Bunkering in Western Japan Promoting the use of LNG as marine fuel and contributing to a reduction of GHG emissions
Categories: News Flash
Date: Apr 22, 2024
On April 10, KEYS Azalea, an LNG bunkering vessel owned and operated by KEYS Bunkering West Japan L...
Shipping industry urges UN to protect vessels after Iran seizure
Categories: News Flash
Date: Apr 22, 2024
Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle Eas...
Any new US sanctions on Iranian oil are unlikely to disrupt crude flows to China
Categories: News Flash
Date: Apr 22, 2024
China’s appetite for Iranian crude is unlikely to slow as the US mulls new sanctions on Iran’s ...
Updated transit levels at Panama Canal don’t faze LNG shippers
Categories: News Flash
Date: Apr 22, 2024
Despite a recent announcement that the Panama Canal Authority is set to add a slot for daily transi...
EU, IMO stricter shipping rules emit positive signal for green transition – Global Maritime Forum director
Categories: News Flash
Date: Apr 22, 2024
The European Union’s Fit for 55 program for shipping has sent a powerful and important signal abo...
Future of Russian LNG carriers being built for Arctic LNG 2 project uncertain
Categories: News Flash
Date: Apr 22, 2024
LNG shipping market participants are divided over the fate of six Arc7 LNG carriers currently under...
Crew of ship seized by Iran are safe, operator MSC says
Categories: News Flash
Date: Apr 18, 2024
The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm...
Chartwell Marine Expands CTV Build Pipeline to Support Global Offshore Wind Growth
Categories: News Flash
Date: Apr 18, 2024
Chartwell Marine, a trusted pioneer of next-generation vessel design, has announced that a new Char...
Americas clean tanker rates to stay volatile at elevated floor in Q2 as exports grow
Categories: News Flash
Date: Apr 18, 2024
Americas clean tanker rates are expected to continue their volatility at elevated levels during the...
LR collaborates with Eastern Pacific Shipping and Maritime & Port Authority of Singapore on six Singapore-registered ammonia dual-fuel newbuilds
Categories: News Flash
Date: Apr 18, 2024
Eastern Pacific Shipping (EPS) has signed Memorandums of Understanding (MoUs) with the Maritime and...
H2 Energy and DFDS publish new hydrogen propulsion feasibility study
Categories: News Flash
Date: Apr 18, 2024
During the past year, H2 Energy and DFDS have worked together on a project to analyse the feasibili...
Asia Fuel Oil-HSFO discount narrows on firmer bid but trade lull continues
Categories: News Flash
Date: Apr 18, 2024
Spot discounts for high sulphur fuel oil narrowed on Wednesday amid the emergence of a firmer bid, ...
Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates
Categories: News Flash
Date: Apr 18, 2024
Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on Wednesday, missing estimate...
Baltimore’s alternate shipping channels not deep enough, Maersk says
Categories: News Flash
Date: Apr 18, 2024
The Baltimore port’s alternate shipping channels are not deep enough to accommodate the oceangoin...