News Flash
IMO Mandates That Containers Lost at Sea Must Be Reported
Categories: News Flash
Date: Jun 13, 2024
A step forward for international maritime safety occurred in London recently during the meeting of t...
Shipping Container Prices Soar By 26% In Singapore, Leasing Rates Double
Categories: News Flash
Date: Jun 13, 2024
Recent data from Container xChange indicates a significant impact of congestion on the average conta...
Baltic Index Inches Up As Panamax Gains Offset Capesize Losses
Categories: News Flash
Date: Jun 13, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Konecranes powers up for the future by expanding its electrified portfolio and redefining operations between ship and container stack technology
Categories: News Flash
Date: Jun 12, 2024
Konecranes today announced a number of Port Solutions portfolio launches that reinforce its innovati...
SeaLead Launches Liner Shipping Service Connecting China, South Korea and US West Coast
Categories: News Flash
Date: Jun 12, 2024
SeaLead announces the commencement of its new direct liner shipping service, linking China with Sout...
IMO to open regional office in Fiji to serve the Pacific
Categories: News Flash
Date: Jun 12, 2024
IMO will open its seventh Regional Presence Office, in Suva, Fiji, to serve countries and territorie...
Saudi crude oil exports to China to fall for 3rd straight month in July, sources say
Categories: News Flash
Date: Jun 12, 2024
Saudi crude oil exports to China will fall in July for a third straight month to about 36 million ba...
ScanReach Launches Gas Detection Capabilities for Enhanced Onboard Safety
Categories: News Flash
Date: Jun 12, 2024
ScanReach, a pioneer in maritime IoT solutions, announces the launch of its Fire Risk & Onboard ...
Houlder showcases innovative methanol bunkering vessel design in SPINE project
Categories: News Flash
Date: Jun 12, 2024
Houlder, the design and engineering consultancy with sustainability at its core, is pleased to annou...
Seamar Management invests in FuelOpt™ of Manta Marine Technologies
Categories: News Flash
Date: Jun 12, 2024
Seamar Management S.A. is taking a significant step forward in its ongoing commitment to provide sus...
Hapag-Lloyd sees no immediate Suez passage even if ceasefire reached now
Categories: News Flash
Date: Jun 12, 2024
German shipping company Hapag-Lloyd does not anticipate the shipping industry to resume sailing thro...
Asia Fuel Oil-Spot premiums rangebound, cracks inch slightly up
Categories: News Flash
Date: Jun 12, 2024
Spot premiums for fuel oil were rangebound in Asia on Tuesday as the market continued to eye upcomin...
Baltic index hits one-week low as capesize rates dip
Categories: News Flash
Date: Jun 12, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Russia plans coal exports to India via Iran
Categories: News Flash
Date: Jun 11, 2024
Russia has announced plans to export coal to India using Iran’s railways. This announcement was ma...
APM Terminals Elizabeth Advances $ 5M Electrification Pilot Project with $ 1.4M EPA Grant
Categories: News Flash
Date: Jun 11, 2024
APM Terminals Elizabeth is proud to announce significant progress in its $ 5 million investment for ...
Qatar Shipyard Receives Remote Survey Approval from ABS
Categories: News Flash
Date: Jun 11, 2024
As part of a pioneering Joint Development Project (JDP), ABS approved a range of ship repair and ret...
London P&I Club reports strong financial results for the 2023/24 financial year
Categories: News Flash
Date: Jun 11, 2024
The London P&I Club has today announced its financial results for 2023/24, reporting an operatin...
TMS Group and Lloyd’s Register team up for Energy Transition Strategy Project
Categories: News Flash
Date: Jun 11, 2024
TMS Tankers Ltd. and TMS Cardiff Gas Ltd. have entered into a strategic partnership with Lloyd’s R...
First Demonstration In Korea Of Marine Ammonia Engine Combustion Technology: Reduces Carbon Dioxide Emissions By 50%, A Promising Signal For A Shipbuilding Powerhouse
Categories: News Flash
Date: Jun 11, 2024
MW-class marine engine combustion technology that uses ammonia, a future renewable energy source, as...
Sanctioned Russian tanker transfers Urals crude oil to another ship off Malaysia
Categories: News Flash
Date: Jun 11, 2024
Oil tanker SCF Primorye, owned by Russian state shipping company Sovcomflot and sanctioned by the Un...
Asia Fuel Oil-Spot VLSFO market extends fall on multiple spot offers
Categories: News Flash
Date: Jun 11, 2024
Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) extended declines on Monday as selling interest ...
Ammonia cuts shipping GHG emissions by up to 61%
Categories: News Flash
Date: Jun 11, 2024
The study is part of a series on Greenhouse Gas (GHG) emission studies in the maritime sector to ref...
Strategic Marine (S) Pte Ltd Signs Contract With Ventus Marine Ltd For Four (4) 27m Crew Transfer Vessels For Asia And Europe
Categories: News Flash
Date: Jun 11, 2024
Strategic Marine, a leading aluminium shipbuilder, is pleased to announce the construction of four 2...
Two vessels catch fire after missile strikes off Yemen’s Aden
Categories: News Flash
Date: Jun 10, 2024
Two ships caught on fire after being hit by projectiles off Yemen’s Aden, two UK maritime agencies...
Maersk had cargo onboard freight train in Czech railway accident
Categories: News Flash
Date: Jun 10, 2024
Shipping group Maersk said on Friday the freight train that collided with a passenger train in the C...
Jumbo Offshore wraps up monopile removal works in Taiwan
Categories: News Flash
Date: Jun 10, 2024
Jumbo Offshore has completed the removal of two monopiles on the Offshore Wind Farm (OWF) Yunlin in ...
China’s May coal imports rise 11% on lower domestic output
Categories: News Flash
Date: Jun 10, 2024
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records show...
ABS Issues AIP for ECOLOG’s Low-Pressure 40,000 m3 Design for LCO2 Carrier
Categories: News Flash
Date: Jun 10, 2024
ABS issued an Approval in Principle (AIP) for a low pressure, shallow-draft, low carbon footprint 40...
International law crucial for robust shipping sector, says Hadjimanolis in Athens
Categories: News Flash
Date: Jun 10, 2024
Deputy Minister of Shipping Marina Hadjimanolis on Thursday, during her visit to Athens, highlighted...
China Takes Orders for 54 Ships vs. Korea’s 2 in May
Categories: News Flash
Date: Jun 10, 2024
The Korean shipbuilding industry’s share of global shipbuilding orders plummeted to less than 10 p...
Russian tanker group Sovcomflot expects sanctions to cut 2024 revenues
Categories: News Flash
Date: Jun 10, 2024
Russia’s leading tanker group Sovcomflot said western sanctions and changing market conditions may...
IMO presents pathway to net-zero shipping at Bonn climate talks
Categories: News Flash
Date: Jun 10, 2024
The International Maritime Organization (IMO) has outlined its latest progress and plans to decarbon...