News Flash
Shippers hail transformational potential of new Maersk/Hapag-Lloyd ‘Gemini’ partnership promising 90% service reliability
Categories: News Flash
Date: Feb 02, 2024
The container shipping schedule reliability targets promised by Gemini Cooperation, the new Maersk ...
Vitol collaborates with ZeroNorth to digitalise Asian bunker deliveries
Categories: News Flash
Date: Feb 02, 2024
Vitol Bunkers and its logistics arm, V-bunkers are collaborating with ZeroNorth to enhance the effi...
Asia Fuel Oil-HSFO slumps into discount on selling frenzy
Categories: News Flash
Date: Feb 02, 2024
The spot high sulphur fuel oil (HSFO) market for the 380-cst grade sank into a discount on Thursday...
Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets
Categories: News Flash
Date: Feb 02, 2024
The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to s...
Baltic index hits two-week low as rates for smaller vessels ease
Categories: News Flash
Date: Feb 02, 2024
The Baltic Exchange’s dry bulk sea freight index fell to a two-week low on Thursday, as weakness ...
Asia Fuel Oil-Month-end activity eases, volatile arbitrage outlook looms
Categories: News Flash
Date: Feb 01, 2024
Spot market activity cooled on the last trading day of January, while a volatile outlook for arbitr...
Russia the driver behind China’s aluminium import boom
Categories: News Flash
Date: Feb 01, 2024
China’s imports of unwrought aluminium more than doubled year-on-year in 2023 and were the second...
ClassNK grants Innovation Endorsement for Products & Solutions to Digital Learning Management System by MarinePALS
Categories: News Flash
Date: Feb 01, 2024
ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to “Digital Learnin...
India rebuilds coal stocks to ensure electric reliability
Categories: News Flash
Date: Feb 01, 2024
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2...
ZeroNorth acquires Euronav’s FAST platform, accelerating shipping industry’s Journey to Zero Emissions
Categories: News Flash
Date: Feb 01, 2024
Technology company ZeroNorth and shipping company Euronav have today announced that ZeroNorth will ...
Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says
Categories: News Flash
Date: Feb 01, 2024
Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forc...
Traders divert Russian oil products around Africa to avoid Red Sea -sources, LSEG
Categories: News Flash
Date: Feb 01, 2024
Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to ...
Is the Red Sea effect on container shipping being overblown?
Categories: News Flash
Date: Feb 01, 2024
No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape ...
Baltic index falls in January as rates log worst month in eight
Categories: News Flash
Date: Feb 01, 2024
The Baltic Exchange’s dry bulk sea freight index was mostly flat on Wednesday but headed for a mo...
90POE and Harbor Lab join forces to set a new standard in efficiency and transparency of port operations and disbursement management
Categories: News Flash
Date: Feb 01, 2024
In a landmark joint announcement, 90POE and Harbor Lab are delighted to reveal their strategic inte...
Euro zone economy lags global growth as Germany struggles
Categories: News Flash
Date: Jan 31, 2024
The euro zone’s economy stagnated last year, underperforming the rest of the world as former powe...
Saudi Aramco gets directive to keep maximum sustained crude capacity at 12 mil b/d
Categories: News Flash
Date: Jan 31, 2024
Saudi Arabian state-run oil giant Aramco was directed by the country’s energy ministry to maintai...
Iron ore falls as China property market woes outweigh stimulus cheer
Categories: News Flash
Date: Jan 31, 2024
Iron ore futures dropped on Tuesday as concerns over the indebted property sector in top consumer C...
Baseblue and Bunker One Collaborate on GHG-Reduction Initiative with Wagenborg Shipping
Categories: News Flash
Date: Jan 31, 2024
Baseblue, a maritime energy solutions provider, has joined forces with Bunker One to spearhead the ...
India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh
Categories: News Flash
Date: Jan 31, 2024
India’s exports of low-sulphur diesel to Europe are poised to hit a fresh two-year low in January...
Clean energy growth gives ammonia and methanol export trades the green light
Categories: News Flash
Date: Jan 31, 2024
The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes...
Asia Fuel Oil-Cargo premium uptrend pares on amply-supplied market
Categories: News Flash
Date: Jan 31, 2024
Asia’s cargo premium for very low sulphur fuel oil (VLSFO) eased on Tuesday amid a backdrop of am...
Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels
Categories: News Flash
Date: Jan 31, 2024
Seanergy Maritime Holdings Corp., through its wholly-owned subsidiary Seanergy Shipmanagement Corp....
Baltic index slips on weaker rates across segments
Categories: News Flash
Date: Jan 31, 2024
The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, logging its biggest decline in ...
Air freight rates rise amid Red Sea crisis and in run-up to Asia’s Lunar New Year
Categories: News Flash
Date: Jan 31, 2024
Global air freight rates have climbed for the first time in seven weeks ahead of Asia’s lunar new...
ABB and Norwegian Cruise Line Holdings expand long-term partnership
Categories: News Flash
Date: Jan 30, 2024
ABB and Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to acce...
Trafigura assesses Red Sea risks after tanker attacked by Houthis
Categories: News Flash
Date: Jan 30, 2024
Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Se...
Comprehensively Providing the Japan Coast Guard with Marine Data Collected by Vessels in the Seas around Japan via IoS-OP
Categories: News Flash
Date: Jan 30, 2024
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that its commencement provision o...
HD Hyundai Names World’s First Methanol-Powered Container Ship
Categories: News Flash
Date: Jan 30, 2024
HD Hyundai announced on Jan. 28 that it held a naming ceremony for a 16,200 TEU methanol-powered su...
Ocean Technologies Group Launches Tender Boat Operator Training Course
Categories: News Flash
Date: Jan 30, 2024
Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions f...
Pacific International Lines First Shipping Line To Complete Full Integration With SGTraDex In Collaboration With KPI OceanConnect
Categories: News Flash
Date: Jan 30, 2024
Pacific International Lines (PIL) has successfully completed full integration with the Singapore Tr...
Shipping is sizing up energy transition opportunities
Categories: News Flash
Date: Jan 30, 2024
industry is closely evaluating ordering, fuel and technology options now that there is greater clar...