News Flash
Hapag-Lloyd Q1 2023: good resilience in weaker market environment
Categories: News Flash
Date: May 12, 2023
Hapag-Lloyd has concluded the first quarter of 2023 with an EBITDA of USD 2.4 billion (EUR 2.2 bill...
Seanergy Maritime Successfully Completes $54 million Refinancing Transactions for 3 Capesize Vessels with Significant Cost and Liquidity Benefits for the Company
Categories: News Flash
Date: May 12, 2023
Seanergy Maritime Holdings Corp. announced today that, pursuant to its strategy of pursuing attract...
TORM: Freight Rates During First Quarter Were Three Times Higher Year-on-Year
Categories: News Flash
Date: May 12, 2023
“During the first quarter of 2023, we saw a sustained strong product tanker market with high vola...
Talks on extending Ukraine grain deal look at U.N. proposals
Categories: News Flash
Date: May 12, 2023
Ukraine, Russia, Turkey and the United Nations discussed on Thursday U.N. proposals to extend a dea...
Euronav: Tanker Market To Grow for Many Years to Come
Categories: News Flash
Date: May 12, 2023
Euronav NV reported its non-audited financial results today for the first quarter ended 31 March 20...
Cash premiums, margins steady; Singapore inventories ease further
Categories: News Flash
Date: May 12, 2023
Asia’s fuel oil market was little changed on Thursday, while residual fuel oil stocks at Singapor...
MABUX: Bunker Prices Expected to Stabilize Next Week
Categories: News Flash
Date: May 12, 2023
Over Week 19, the global MABUX bunker indices showed a moderate upward correction. The 380 HSFO ind...
Jotun: Committed to cleaner shipping
Categories: News Flash
Date: May 12, 2023
As the world’s leading supplier of marine coatings, Jotun partners with a broad range of stakehol...
Safe Bulkers, Inc. Focusing on Green Retrofits of its Fleet of Bulkers
Categories: News Flash
Date: May 12, 2023
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announ...
Vopak opens new infrastructure to support sustainable energy production in the port of Rotterdam
Categories: News Flash
Date: May 11, 2023
Today Vopak celebrates the opening of 16 new tanks with a combined capacity of 64,000 cubic meters ...
Port of Newcastle commits to global hydrogen partnership
Categories: News Flash
Date: May 11, 2023
Port of Newcastle has today joined forces with ten global energy enablers to commit to the Platform...
Iron ore holds ground on renewed China demand optimism
Categories: News Flash
Date: May 11, 2023
Benchmark iron ore futures held their ground on Wednesday, supported by renewed optimism around dem...
ABS Explores Near-Shore Green Hydrogen Production in Korea
Categories: News Flash
Date: May 11, 2023
ABS joined Korean industry leaders in the signing of a memorandum of understanding (MOU) to produce...
India eyes green hydrogen bunkering at major ports by 2035
Categories: News Flash
Date: May 11, 2023
India has set a deadline of 2035 to establish green hydrogen bunkering and refuelling facilities at...
Korean Shipbuilders’ Fully Booked Dockyards Give Chinese Shipbuilders Reflective Benefits
Categories: News Flash
Date: May 11, 2023
New ship orders are plummeting around the world. Korean shipbuilders with their saturated shipyard ...
Engine: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: May 11, 2023
Northwest Europe Securing prompt deliveries of VLSFO and HSFO can be difficult in Rotterdam and ...
Spot market steady to firmer; more June tenders underway
Categories: News Flash
Date: May 11, 2023
Asia’s spot fuel oil market was steady to firmer on Wednesday as market backwardation firmed, whi...
China’s imports of major commodities lose steam in April
Categories: News Flash
Date: May 11, 2023
China’s imports of major commodities lost momentum in April as the strong start to the year faded...
Shipping stock sell-off: Shares down double digits since March
Categories: News Flash
Date: May 11, 2023
Look at virtually any stock chart in any ocean shipping sector and you’ll see a similar pattern. ...
Enterprise ‘shippers’ seek help with supply chain digital transformation, have budget to spend
Categories: News Flash
Date: May 10, 2023
Shippers — often called beneficial cargo owners or BCOs — are eager to outsource their supply c...
Baltic index rises on strong capesize, supramax demand
Categories: News Flash
Date: May 10, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Ship Recycling Prices Continue to Slide
Categories: News Flash
Date: May 10, 2023
Ship recycling prices have kept on falling over the course of the past week. In its latest weekly r...
MariApps and zero44 announce partnership to enable shipping companies to comply with the EU Emissions Trading System
Categories: News Flash
Date: May 10, 2023
zero44, a digital solutions provider focused on carbon regulation, and MariApps Marine Solutions, o...
Panama maintains its place in the “White List” due to the effective compliance of the STCW´78
Categories: News Flash
Date: May 10, 2023
The Republic of Panama remains in the well-known «White List», as per the International Maritime ...
Trade talks between India and Canada inconclusive
Categories: News Flash
Date: May 10, 2023
India and Canada discussed the possibility of forging an Early Progress Trade Agreement pending a f...
BALMER LAWRIE & CO LTD IN JOINT VENTURE WITH VIZAG PORT
Categories: News Flash
Date: May 10, 2023
To formally commence the Container Freight Station operations within the Multi Modal Logistics Park...
Indian shipping firm transporting Russian oil is now global news. Here's why
Categories: News Flash
Date: May 10, 2023
A lesser-known Indian shipping company - Gatik Shipping Management - has suddenly grabbed internati...
Two crude oil tankers collided with two fv in Japan sea
Categories: News Flash
Date: May 10, 2023
Two crude oil tankers collided with fishing vessels 20-25 nm east off Ulsan, Korea, Japan sea, in ...
UN Urges Action On Global Blue Deal To Safeguard Oceans And Marine Life
Categories: News Flash
Date: May 10, 2023
The ocean can offer vast and unique opportunities for developing nations to build more resilient an...
The happiness of seafarers down on last year according to survey
Categories: News Flash
Date: May 09, 2023
Acharity supporting seafarers has called for industry-wide collaboration to improve welfare in ship...
VLSFO extends decline on lower spot offers
Categories: News Flash
Date: May 09, 2023
The market for very low sulphur fuel oil (VLSFO) softened in Asia for a third straight session on M...
Ukraine says Russia has effectively stopped Black Sea grain deal
Categories: News Flash
Date: May 09, 2023
Russia has effectively stopped the Black sea grain deal by refusing to register incoming vessels, U...