News Flash
WAF-UKC Suezmax rate dips below w100 for first time since May 15
Categories: News Flash
Date: Jul 04, 2024
The freight rate for the key West Africa-UK/Continent Suezmax run, exclusive of EU Emissions Trading...
Baltic index snaps 5-day winning streak on lower vessels rates
Categories: News Flash
Date: Jul 04, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Folk Maritime signs deal with Bahri Ship Management to strengthen its fleet capabilities
Categories: News Flash
Date: Jul 04, 2024
Folk Maritime Services Company, a PIF company and one of the region’s leading feeder and short-sea...
Oil bulls advance cautiously as stocks expected to fall
Categories: News Flash
Date: Jul 03, 2024
Investors purchased petroleum for the third week running as bearishness triggered by the OPEC+ meeti...
Wärtsilä ammonia fuel supply and cargo handling systems selected for two more EXMAR vessels at Hyundai Mipo Dockyards
Categories: News Flash
Date: Jul 03, 2024
Wärtsilä Gas Solutions (WGS), part of technology group Wärtsilä, will deliver the fuel supply an...
Shipping firm HMM deploys new carbon capture system on vessels
Categories: News Flash
Date: Jul 03, 2024
HMM, Korea’s largest container shipper, deployed new proprietary technology in the voyage of 2,200...
Baltic index rises for fifth straight day on strong capesize demand
Categories: News Flash
Date: Jul 03, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
US crude, products stockpiles seen down last week
Categories: News Flash
Date: Jul 03, 2024
U.S. crude oil and product stockpiles were expected to have fallen last week; a preliminary Reuters ...
Consort Bunkers, ClassNK, Yanmar, and Taiko accelerate towards Alternative Fuel Bunkering with new MOU
Categories: News Flash
Date: Jul 03, 2024
Consort Bunkers Pte. Ltd., ClassNK, Yanmar Asia (Singapore) Corporation Pte Ltd, and Taiko Asia Paci...
Container shipping rates to Europe firm up
Categories: News Flash
Date: Jul 03, 2024
The cost of shipping cargo containers from India to Europe has firmed up after major carriers raised...
Strategic Partnership Announcement Between GMCG and ARCHE
Categories: News Flash
Date: Jul 03, 2024
GMCG, a Global Leader In Engineering And Consultancy, and Arche Energy, a prominent player in Austra...
Rising US Imports Drive Increased Activity in the US Container Trading Market, Container xChange Survey Reveals
Categories: News Flash
Date: Jul 03, 2024
A recent survey conducted by Container xChange, on its platform, revealed that the container (shippi...
Innovative onboard research to improve crew health and wellbeing through social interaction
Categories: News Flash
Date: Jul 03, 2024
Crews on vessels from the shipping, cruise, and superyacht industries will take part in innovative o...
Iron ore at almost 2-week high on better China data, stimulus hopes
Categories: News Flash
Date: Jul 02, 2024
Iron ore futures prices rose on Monday to their highest levels in nearly two weeks, helped by better...
Trans Mountain oil pipeline just shy of target for first-month loadings
Categories: News Flash
Date: Jul 02, 2024
About 20 ships loaded crude oil on Canada’s West Coast in the first full month of operation on the...
Turkey resumed oil imports from Iran in March after 4 years: data shows
Categories: News Flash
Date: Jul 02, 2024
Figures by the European Union’s statistics agency, Eurostat, show that Turkey resumed importing oi...
Cydome Announces Productized Support for IACS Unified Requirements E26 Regulation
Categories: News Flash
Date: Jul 02, 2024
Cydome, a maritime cybersecurity solutions leader, today announced the general availability of its p...
Gard acquires global Marine and Energy portfolio
Categories: News Flash
Date: Jul 02, 2024
Gard today announced its acquisition of Codan’s global Marine and Energy (M&E) portfolio. With...
Kongsberg Maritime Introduces First Underwater Mountable Thruster with Permanent Magnet Motor, Boosting Responsiveness and Efficiency
Categories: News Flash
Date: Jul 02, 2024
Kongsberg Maritime has introduced a new size of underwater mountable azimuth thruster with a 3.7 met...
ICS Publications announces the launch of the Global Health Emergency Guide, First Edition
Categories: News Flash
Date: Jul 02, 2024
International Chamber of Shipping (ICS) Publications is proud to announce the launch of the ‘Globa...
HD Hyundai, Hanwha, Samsung face intensifying disputes with shipyard workers
Categories: News Flash
Date: Jul 02, 2024
Labor-management conflict at domestic shipyards has been heightened, as unionized workers call for h...
Asia Fuel Oil-VLSFO retains downside on ample supply pool
Categories: News Flash
Date: Jul 02, 2024
Asia’s Very Low Sulphur Fuel Oil (VLSFO) market softened on Monday amid expectations of ample supp...
Baltic index hits near 2-month high as capesize rates gain
Categories: News Flash
Date: Jul 02, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Asia spot prices buoyed by hot summer weather forecasts
Categories: News Flash
Date: Jul 01, 2024
Asian spot Liquefied Natural Gas (LNG) prices held steady this week as forecasts of higher temperatu...
Sustainability initiatives go global, Go Green
Categories: News Flash
Date: Jul 01, 2024
APM Terminals colleagues from our locations in Ghana to Brazil, Georgia to India, and the Netherland...
Is Lloyds Open Form on ‘life support’?
Categories: News Flash
Date: Jul 01, 2024
On 1st June 2024, Lloyd’s Salvage Branch published a rebranded Lloyds Open Form (LOF) 2024. In sum...
Wilhelmsen Port Services Revolutionizes Port Call Payments with Innovative Financing Model
Categories: News Flash
Date: Jul 01, 2024
“With the introduction of our Port Cost Financing model, we are not only responding to the needs o...
India steel, trade ministries in talks over rising Chinese imports, says source
Categories: News Flash
Date: Jul 01, 2024
India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese go...
Vessel and crew safe after incident southwest of Yemen’s Al Mukha, UKMTO says
Categories: News Flash
Date: Jul 01, 2024
The United Kingdom Maritime Trade Operations (UKMTO) said on Sunday it had received a report of an i...
Russia will start gas exports to China from Far East in 2027
Categories: News Flash
Date: Jul 01, 2024
Russia’s Gazprom will start annual pipeline gas exports to China of 10 billion cubic metres (bcm) ...
Shipping supply chains and global conflicts
Categories: News Flash
Date: Jul 01, 2024
Global shipping supply chains are facing significant disruptions due to the ongoing conflict in Gaza...
Drewry: LNG Shipping Equity Index Up 26.4% So Far in 2024
Categories: News Flash
Date: Jul 01, 2024
The Drewry LNG Shipping Equity Index increased 26.4% YTD (as of 27th June 2024), outperforming the S...