News Flash

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Asia Fuel Oil-Cash premiums stable; Singapore stockpiles ease

Categories: News Flash

Date: Dec 22, 2023

Cash premiums for fuel oil were little changed in Asia trade on Thursday, while onshore stocks in S...

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Japan container conglomerate ONE halts Red Sea navigation, reroutes to Cape of Good Hope

Categories: News Flash

Date: Dec 21, 2023

Japan’s container conglomerate Ocean Network Express has decided to suspend navigation away from ...

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WinGD adds MITSUI E&S Tamano Factory to the Japanese engine-building network.

Categories: News Flash

Date: Dec 21, 2023

Swiss marine power company WinGD has concluded an agreement with Mitsui E&S Diesel United (MESD...

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Shipnext and FONASBA partner to raise standards in online shipping.

Categories: News Flash

Date: Dec 21, 2023

Leading online cargo platform Shipnext and The Federation of National Associations of Ship Brokers...

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Maritime disruptions in the Suez Canal and the Red Sea are expected to affect 10% of world trade and will increase general transport fares.

Categories: News Flash

Date: Dec 21, 2023

Attacks on container ships in the Red Sea and Suez Canal have caused major shipping lines worldwide...

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China’s first domestically built cruise ship sets sail with a suite of Wärtsilä solutions.

Categories: News Flash

Date: Dec 21, 2023

Wärtsilä ANCS, part of technology group Wärtsilä, has delivered to the Adora Magic City, China...

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ABS Signs Milestone MOU with Indian Innovators to Drive Global Hub for Green Shipbuilding

Categories: News Flash

Date: Dec 21, 2023

ABS joined Garden Reach Shipbuilders and Engineers (GRSE) Ltd., Seatech Solutions International (Se...

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Baltic index falls for a sixth straight session on softer capesize rates.

Categories: News Flash

Date: Dec 21, 2023

The Baltic Exchange’s dry bulk sea freight index dropped on Wednesday for the sixth straight sess...

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Ctg vessel owners launch new shipping cell.

Categories: News Flash

Date: Dec 21, 2023

The Inland Vessel Owners Association of Chittagong yesterday launched a new shipping cell to transp...

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Greece advises vessels to avoid Yemeni waters after Red Sea attacks

Categories: News Flash

Date: Dec 21, 2023

Greece has advised commercial vessels sailing in the Red Sea and the Gulf of Aden to avoid Yemeni w...

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Asia Fuel Oil-Spot market fluctuates in single-digit premiums

Categories: News Flash

Date: Dec 21, 2023

Asia’s spot market for key fuel oil grades held rangebound in single-digit premiums on Wednesday,...

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New training course for freight industry newcomers

Categories: News Flash

Date: Dec 20, 2023

January 2024 will see the British International Freight Association (BIFA) add a new training cours...

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Baltic index sinks on low cargo demand, risks persist in Red Sea

Categories: News Flash

Date: Dec 20, 2023

The Baltic Exchange’s dry bulk sea freight index dropped on Tuesday for the fifth straight sessio...

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Vitol completes inaugural biofuel delivery in the UAE

Categories: News Flash

Date: Dec 20, 2023

Vitol has successfully completed its first biofuel deliveries in Fujairah, demonstrating its ongoin...

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IMO: SG statement on attacks against international shipping in Red Sea area

Categories: News Flash

Date: Dec 20, 2023

The IMO Secretary-General Kitack Lim has issued a further statement on attacks against internationa...

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Aurora Expeditions And Eyesea To Measure Pollution In The World’s Most Remote Location

Categories: News Flash

Date: Dec 20, 2023

Aurora Expeditions, a leading expedition cruise company renowned for its voyages to the world’s m...

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TORM plc capital increase in connection with delivery of one 2016-built MR vessel

Categories: News Flash

Date: Dec 20, 2023

With reference to Company Announcement no. 23 dated 09 November 2023 regarding TORM plc Q3 2023 res...

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WSC thanks coalition for action to protect seafarers and trade in the Red Sea region

Categories: News Flash

Date: Dec 20, 2023

The World Shipping Council today expressed its thanks to the member nations of the Operation Prospe...

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Crowley Vessels and Crews Recognized for Environmental Achievement

Categories: News Flash

Date: Dec 20, 2023

The Chamber of Shipping of America (CSA) recognized 85 Crowley vessels and their crews for a cumula...

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SGS releases details of Advanced Cargo Information services for African imports and exports

Categories: News Flash

Date: Dec 20, 2023

SGS, the world’s leading testing, inspection and certification company, is pleased to announce de...

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Asia Fuel Oil-Cash premiums, refining cracks edge higher.

Categories: News Flash

Date: Dec 20, 2023

Asia price benchmarks for both very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO) f...

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India resumes buying Venezuelan oil. What does it mean for the country?

Categories: News Flash

Date: Dec 19, 2023

After a gap of three years, India has again started buying crude oil from Venezuela. This follows t...

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National Staff Training Aims to Develop Innovative Human Resources

Categories: News Flash

Date: Dec 19, 2023

From 4 to 8 December, NYK held Global NYK Group Week 2023, a training program at the Tokyo head off...

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Baltic index hits three-week low as capesize rates weigh

Categories: News Flash

Date: Dec 19, 2023

The Baltic Exchange’s dry bulk sea freight index hit a three-week low on Monday, mainly weighed d...

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Ocean Safety highlights importance of onboard safety equipment at boot Düsseldorf 2024

Categories: News Flash

Date: Dec 19, 2023

Ocean Safety will be highlighting the importance of marine safety and the provision of onboard safe...

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Iraq eyes higher crude supplies to China for more projects

Categories: News Flash

Date: Dec 19, 2023

Iraq is considering increasing crude supplies to China by 50 percent as part of their landmark oil-...

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Global diesel shortage eases after summer surge in prices

Categories: News Flash

Date: Dec 19, 2023

The worldwide shortage of diesel and other distillate fuel oils has started to ease as stocks accum...

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MarinePALS Achieves MET Certification from ClassNK, a Milestone in Maritime eLearning Excellence

Categories: News Flash

Date: Dec 19, 2023

MarinePALS, a leading eLearning company specialising in maritime education, has been awarded Mariti...

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Kalmar empty container handlers selected by Star Container Services for terminal expansion at Rotterdam Maasvlakte

Categories: News Flash

Date: Dec 19, 2023

Kalmar, part of Cargotec, has signed a large agreement to supply global logistics service provider ...

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Asia Fuel Oil-VLSFO rebounds on stronger bids for January cargoes

Categories: News Flash

Date: Dec 19, 2023

Asia’s very low sulphur fuel oil (VLSFO) cash premiums firmed on Monday, boosted by stronger bids...

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Shipping stocks extend rally as Red Sea traffic paused

Categories: News Flash

Date: Dec 19, 2023

Shipping stocks kept rising across Europe on Monday after A.P. Moller-Maersk and other top freight ...

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WinGD secures Bureau Veritas AiP for X-DF-A ammonia engine safety concept

Categories: News Flash

Date: Dec 15, 2023

Bureau Veritas has added its vote of confidence to Swiss marine power company WinGD’s ammonia fue...