News Flash
Russia considers gasoline export ban, sources say
Categories: News Flash
Date: May 25, 2023
The Russian government is considering a possible gasoline export ban to prevent domestic fuel short...
Mitsubishi Shipbuilding Completes Delivery of Ammonia Fuel Supply System for Large, Low-Speed Two Stroke Marine Engines
Categories: News Flash
Date: May 25, 2023
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed...
MOL to Commercialize ‘V-MO’ Monitoring Service for Marine Motors Jointly Developed with Asahi Kasei Engineering
Categories: News Flash
Date: May 25, 2023
Mitsui O.S.K. Lines, Ltd. yesterday announced that it has completed the joint research and developm...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: May 25, 2023
Northwest Europe Bunker supply is said to be normal in Rotterdam, but securing prompt delivery o...
Windward Launches its Shipment Analytics Dashboard to Optimize Supply Chain Decision Making and Exception Management
Categories: News Flash
Date: May 25, 2023
Windward, the leading Maritime AI™ company, announced today the launch of its Shipment Analytics ...
MISC Expects Tight LNG Shipping Market Until the End of 2023
Categories: News Flash
Date: May 25, 2023
MISC is pleased to announce its financial results for the first quarter ended 31 March 2023. Fin...
Cash premium for VLSFO down for fourth session
Categories: News Flash
Date: May 25, 2023
The cash premium for very low sulphur fuel oil (VLSFO) in Asia softened for a fourth straight sessi...
Iran and Russia to Build “Sanction-Proof” Shipping Fleet of 20 Ships
Categories: News Flash
Date: May 24, 2023
Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sa...
MSC Sets New Record: Container Fleet Surges to Impressive 5 Million TEU Capacity
Categories: News Flash
Date: May 24, 2023
MSC successfully overtook Maersk and emerged as the world’s largest container carrier 16 months a...
Five inducted into International Maritime Hall of Fame in NYC
Categories: News Flash
Date: May 24, 2023
In a ceremony held at The Lighthouse at Pier 61 at Chelsea Piers in New York City, five global ...
Iran and Russia to Build “Sanction-Proof” Shipping Fleet of 20 Ships
Categories: News Flash
Date: May 24, 2023
Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sa...
Daibiru Group Medium- to Long-Term Management Plan 2035 ‘‘BUILD NEXT.’’ Formulated
Categories: News Flash
Date: May 24, 2023
DAIBIRU CORPORATION., a member of the Mitsui O.S.K. Lines Group have formulated the new Daibiru Gro...
ENGINE: East of Suez Bunker Fuel Availability Outlook
Categories: News Flash
Date: May 24, 2023
Singapore A source says that “demand started slow” in Singapore this week but “then picked...
Bureau Veritas Solutions Marine & Offshore and ENGIE announce low-carbon advisory and risk management partnership for the shipping industry
Categories: News Flash
Date: May 24, 2023
Bureau Veritas Solutions Marine & Offshore, a technical advisory, asset management and assuranc...
VLSFO market retains downside as more Al Zour supply looms
Categories: News Flash
Date: May 24, 2023
Asia’s very low sulphur fuel oil market remained under downward pressure on Tuesday, as key expor...
Intermodal Weekly Market Report Week 20 2023 Broker’s Insight
Categories: News Flash
Date: May 24, 2023
Due to sluggish demand and massive inventories, spot LNG prices in Asia plummeted to a two-year low...
Marlink enhances hybrid digital network solution for Polembros Shipping with Starlink
Categories: News Flash
Date: May 24, 2023
Marlink, the smart network and digital solutions company, will install the Starlink LEO service for...
Nordic American Tankers Ltd: First Quarter Results, History in the making!
Categories: News Flash
Date: May 23, 2023
The average Time Charter Equivalent (TCE) for our spot vessels (15) during the first quarter of 202...
‘We are not decoupling’: G-7 leaders agree on approach to ‘de-risk’ from China
Categories: News Flash
Date: May 23, 2023
Leaders of the Group of Seven agreed there’s a need to de-risk, not decouple from China, and ackn...
SHS launches guide to support seafarer healthcare interactions
Categories: News Flash
Date: May 23, 2023
The Seafarers Hospital Society has launched a free Seafarer Health Consultation Guide to assist int...
Mitsubishi Shipbuilding and Nihon Shipyard Launch Joint Study for Development of an Ocean-Going LCO2 Carrier
Categories: News Flash
Date: May 23, 2023
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., ...
INTERCARGO reaches membership milestone
Categories: News Flash
Date: May 23, 2023
The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membersh...
China’s April fuel oil imports rise further to decade-high
Categories: News Flash
Date: May 23, 2023
China’s April fuel oil imports surged further from the prior month, almost hitting a decade-high,...
Cash premiums ease as offers soften further
Categories: News Flash
Date: May 23, 2023
Cash premiums for fuel oil fell on Monday amid thin trade, while spot offers inched lower from thei...
U.S. Seaports Are Weathering a Numbers Hangover in Import Volumes
Categories: News Flash
Date: May 23, 2023
U.S. seaports are having a terrible year, yet are seeing something of an importing resurgence at th...
Container shipping under pressure as peak season hopes dim
Categories: News Flash
Date: May 23, 2023
One of the earlier scenarios for container shipping’s 2023 peak season went like this: Importers ...
World Shipping Council Releases Containers Lost at Sea Report – 2023 Update
Categories: News Flash
Date: May 23, 2023
The World Shipping Council (WSC) has released its annual report on containers lost at sea, reve...
Navy honors a champion sailor
Categories: News Flash
Date: May 22, 2023
The Navy rolled out the red carpet for Champion sailor Commander Abhilash Tomy (retd), who finished...
MSC Sets New Record: Container Fleet Surges to Impressive 5 Million TEU Capacity
Categories: News Flash
Date: May 22, 2023
MSC successfully overtook Maersk and emerged as the world’s largest container carrier 16 months a...
Remains of the Chinese fishing vessel located by Indian naval aircraft
Categories: News Flash
Date: May 22, 2023
The Indian Navy's P8I Maritime patrol aircraft located a Chinese fishing vessel that capsized ...
US and allied naval commanders in Mideast transit Strait of Hormuz, in show of force against Iran
Categories: News Flash
Date: May 22, 2023
The Mideast-based commanders of the U.S., British and French navies transited the Strait of Hormuz ...
Why ports matter for the global economy
Categories: News Flash
Date: May 22, 2023
Since the start of maritime trade, ports have played a central role in the economic and social deve...