News Flash

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Black Sea Suezmax Freight Tumbles Amid Weak August Demand

Categories: News Flash

Date: Jul 19, 2024

Freight rates for Suezmax voyages loading in the Caspian Pipeline Consortium and discharging in the ...

Port Of Long Beach Container Volume Up 15.3% To 835,412 Teus In June 2024

Categories: News Flash

Date: Jul 18, 2024

According to the company's release, the Port of Long Beach achieved its most active June and busiest...

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Salvage Team To Start Pumping Fuel From Grounded Vessel On South African Coast

Categories: News Flash

Date: Jul 18, 2024

Authorities said on Wednesday, according to Reuters, that a salvage team hopes to take advantage of ...

LNG Carrier Completes Arctic Voyage To China In 18 Days

Categories: News Flash

Date: Jul 18, 2024

Liquefied Natural Gas (LNG) carrier Eduard Toll completed an early-season eastbound voyage along Rus...

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Yangzijiang To Invest $412 Million In Shipyard Expansion

Categories: News Flash

Date: Jul 18, 2024

According to Seatrade Maritime, Yangzijiang Shipbuilding plans to expand its facilities, focusing on...

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Helsinki, Tallinn Ports Get €15m EU Funding

Categories: News Flash

Date: Jul 18, 2024

The Port of Helsinki announced in a press release on Tuesday that a twin-port project of the Port of...

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Russia Ships First Grain from New Baltic Terminal

Categories: News Flash

Date: Jul 18, 2024

The Russian agricultural watchdog told Reuters that Russia has shipped its first grain from a new te...

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Asia Fuel Oil-VLSFO Firms On Stronger Bids For August Cargoes

Categories: News Flash

Date: Jul 18, 2024

Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) firmed in Asia on Wednesday, led by higher-price...

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Baltic Index Hits One-Month Low As Capesize Rates Slide

Categories: News Flash

Date: Jul 18, 2024

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodi...

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Maersk Says Red Sea Shipping Disruption Having Global Effects

Categories: News Flash

Date: Jul 18, 2024

Denmark’s A.P. Moller-Maersk said on Wednesday that disruption to its container shipping via the R...

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Greek Navy Extends Advisory To Curb Russian Oil Ship-To-Ship Transfers, Sources Say

Categories: News Flash

Date: Jul 18, 2024

Three sources said the Greek navy this week extended an advisory effectively banning ship traffic of...

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United Heavy Lift: F900 Eco-Lifter fleet is now complete

Categories: News Flash

Date: Jul 17, 2024

On July 15, the UHL Fable was named at the Baakenhöft Terminal near the Elbphilharmonie concert hal...

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Crew of capsized oil tanker off Oman still missing, maritime centre says

Categories: News Flash

Date: Jul 17, 2024

The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the cou...

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GTT entrusted by Samsung Heavy Industries with the tank design of a new FLNG

Categories: News Flash

Date: Jul 17, 2024

GTT announces that it has received, during the second quarter of 2024, an order from its partner the...

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H2Global pilot auction: first renewable hydrogen carrier ammonia supply for EU via Port of Rotterdam

Categories: News Flash

Date: Jul 17, 2024

Hintco GmbH announces Fertiglobe as the successful bidder of the first H2Global pilot auction for re...

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Action plan to boost oil spill response in the Black Sea

Categories: News Flash

Date: Jul 17, 2024

Countries bordering the Black Sea have outlined an action plan to strengthen the oil spill response ...

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Boers Crew Services committed to diversity with relocation of Filipino employees to Germany

Categories: News Flash

Date: Jul 17, 2024

Diversity and nurturing talent are high on the agenda for BCS Group – Boers Crew Services as it we...

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Accidents on ships under scrutiny as InterManager submits statistics to IMO

Categories: News Flash

Date: Jul 17, 2024

Accidents onboard ships are not decreasing, according to latest accident statistics submitted to the...

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IMO reshapes its strategy for technical support to Member States

Categories: News Flash

Date: Jul 17, 2024

IMO’s Technical Cooperation Committee has made headway towards finalizing a streamlined, comprehen...

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Rio Tinto's iron ore shipments miss estimates due to May train derailment

Categories: News Flash

Date: Jul 17, 2024

Global mining giant Rio Tinto reported second-quarter iron ore shipments below analyst estimates on ...

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Shipowners and managers must look at solutions to help them comply with upcoming FuelEU Maritime rules, says Columbia Group

Categories: News Flash

Date: Jul 17, 2024

Solutions must be in place to help ship owners with navigating the complex challenges of complying w...

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Pakistan's Largest Refiner to Export Around 50,000 Mt Of Fuel Oil Amid Weak Domestic Demand

Categories: News Flash

Date: Jul 16, 2024

Pakistan's government has allowed the country's biggest refiner, Pak Arab Refinery, to export around...

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CSP Abu Dhabi Terminal Surpasses Throughput Of 5 mln TEUs

Categories: News Flash

Date: Jul 16, 2024

The cumulative throughput at the CSP Abu Dhabi Terminal surpassed 5 million TEUs (twenty-foot equiva...

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Asia Fuel Oil-HSFO Softens, More Residual Fuel Tenders Underway

Categories: News Flash

Date: Jul 16, 2024

Benchmarks for High Sulphur Fuel Oil (HSFO) eased on Monday, while more residual fuel tenders were u...

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China Takes Lead In Shipping Russian Crude Amid New High For Non-G7 Share

Categories: News Flash

Date: Jul 16, 2024

More than 80% of Russian crude exports were transported by tankers operating outside of the G7's pri...

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Baltic Index Declines as Capesize Rates Fall

Categories: News Flash

Date: Jul 16, 2024

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodi...

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Adani Plans to Build Port in Vietnam

Categories: News Flash

Date: Jul 16, 2024

Adani Ports and Special Economic Zone Ltd. has secured an “in-principle approval from the Vietname...

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HD Korea Shipbuilding Wins US$2.67 Billion Order to Build 12 Container Carriers

Categories: News Flash

Date: Jul 16, 2024

According to Yonhap, HD Korea Shipbuilding & Offshore Engineering Co., a major South Korean ship...

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Maersk Introduces SH3 Ocean Service Between China and Bangladesh

Categories: News Flash

Date: Jul 16, 2024

A.P. Moller-Maersk (Maersk) launched a new ocean shipping service between China and Bangladesh to me...

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Singapore's Bunker Sales Rise 8.5% In The First Half Of 2024

Categories: News Flash

Date: Jul 16, 2024

Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showe...

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Seaspan Shipyards welcomes the formation of the “ICE Pact”

Categories: News Flash

Date: Jul 16, 2024

Seaspan Shipyards welcomes the formation of the Icebreaker Collaboration Effort (ICE Pact), the tril...

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Brazil's Manaus port applies low water surcharge anticipating drought season

Categories: News Flash

Date: Jul 15, 2024

Companies operating at Brazil's inland Manaus port, located on the Rio Negro in Amazonas state, have...