News Flash
China, Philippines pledge to resolve maritime differences in South China Sea
Categories: News Flash
Date: Apr 24, 2023
1 / 6Chinese Foreign Minister Qin Gang, (right) and Philippine Foreign Affairs Secretary Enriq...
Maritime SaaS Platform Selects Spire Global as AIS Data Provider
Categories: News Flash
Date: Apr 24, 2023
Spire Global, Inc., a leading global provider of space-based data, analytics and space services, ha...
Seafarers warned against rogue recruitment agents charging fees
Categories: News Flash
Date: Apr 24, 2023
Illegal demands for recruitment fees and withholding of vital travel documents are plaguing seafare...
Geopolitics, container shipping rates and an ominous sign from Taiwan
Categories: News Flash
Date: Apr 24, 2023
A container ship sailing from Shanghai to Kaohsiung, Taiwan, travels just 600 nautical miles. A con...
Black Sea grain deal could start winding down next week ahead of ‘expected’ closure
Categories: News Flash
Date: Apr 24, 2023
A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after...
Switch to green e-methanol would raise bunker costs by 340%
Categories: News Flash
Date: Apr 24, 2023
Following the cost forecasts publicised by Drewry two weeks ago, which have been widely circulated ...
Longer voyages, aging fleet to boost global tanker freight despite OPEC+ output cuts
Categories: News Flash
Date: Apr 24, 2023
Longer voyages are likely to support global tanker freight in the second quarter of 2023 because of...
Government set to tweak captive berth policy for major ports
Categories: News Flash
Date: Apr 24, 2023
Cargo berths run by port dependent industries for their captive use at state-owned major ports will...
An India-Ukraine Chamber of Commerce will be set up in the coming months
Categories: News Flash
Date: Apr 24, 2023
An India-Ukraine Chamber of Commerce will be set up in the coming months in an effort to boost busi...
Sonowal inaugurates infra projects at Chennai and Kamarajar Ports
Categories: News Flash
Date: Apr 24, 2023
The Union Minister of Ports, Shipping and Waterways (MoPSW) and AYUSH, Sarbananda Sonowal on 23 Apr...
Baltic index logs weekly gain on capesize demand
Categories: News Flash
Date: Apr 22, 2023
The Baltic Exchange’s main sea freight index climbed up for a third session on Friday, ending the...
Price cap on Russian crude could soon face its biggest test
Categories: News Flash
Date: Apr 22, 2023
Western price caps on Russian exports coincide with steep discounts on Russian crude and diesel —...
Bureau Veritas and Kongsberg launch new capability for digitised machinery maintenance
Categories: News Flash
Date: Apr 22, 2023
Bureau Veritas, a world leader in testing, inspection, and certification, has taken a significant s...
The Tripartite Table Ends With The Consensus Of The Government, Seafarers And Shipowners
Categories: News Flash
Date: Apr 22, 2023
As part of the commitment powered through the Panama Maritime Authority (PMA) with the maritime, po...
First accredited low-carbon ammonia shipment for power generation dispatched from Saudi Arabia to Japan
Categories: News Flash
Date: Apr 22, 2023
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel...
India’s Adani Ports to consider buyback of debt securities
Categories: News Flash
Date: Apr 22, 2023
India’s Adani Ports and Special Economic Zone APSE.NS, a group company of the beleaguered Adani G...
Gas, coal demand in focus as India issues heat wave warning
Categories: News Flash
Date: Apr 22, 2023
A harsh summer season and above normal maximum temperatures in parts of India has triggered expecta...
DP World’s Vallarpadam Terminal suffers Volume setbacks
Categories: News Flash
Date: Apr 22, 2023
In a major blow to its growth ambitions, DP World’s flagship VallarpadamTerminal in Cochin Port, ...
ONE increases sailing frequency for Africa, India and Middle East (AIM) Service
Categories: News Flash
Date: Apr 22, 2023
Ocean Network Express (ONE) is pleased to announce that the Africa, India and Middle East (AIM) ser...
Maersk’s new container protection prices for India
Categories: News Flash
Date: Apr 22, 2023
Maersk has informed of an upcoming change in the tariff for its product, Container Protect, effecti...
West Coast port union, employers reach tentative agreement
Categories: News Flash
Date: Apr 21, 2023
The International Longshore and Warehouse Union (ILWU) said on Thursday it had reached a tentative ...
Russian vessels ‘mapping Nordic subsea energy assets’
Categories: News Flash
Date: Apr 21, 2023
Russian spy ships have been mapping offshore wind farms, gas pipelines, electricity interconnectors...
Geopolitical tensions and ‘friendshoring’ may redefine global trade patterns, warns Xeneta
Categories: News Flash
Date: Apr 21, 2023
Mounting geopolitical tensions, shifting alliances and changes in the flow of foreign investment th...
Post Panamax Container values soften on MSC’s new purchase
Categories: News Flash
Date: Apr 21, 2023
Post Panamax values have softened as a result of MSCs recent purchase of the Lisbon (6,078 TEU, May...
Baltic index logs best day in over 5 weeks on growing vessel demand
Categories: News Flash
Date: Apr 21, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
More Investment Dripping Through in the Newbuilding and S&P Markets
Categories: News Flash
Date: Apr 21, 2023
Activity was rather increased this past week, both in the newbuilding, as well as the S&P marke...
India and Russia plan big on transport corridors — Mundra to Saint Petersburg, Chennai to Vladivostok
Categories: News Flash
Date: Apr 21, 2023
FESCO, one of the largest private transport and logistics companies in Russia, has announced that i...
India won’t overtake China in economy even if it becomes world’s most populous nation
Categories: News Flash
Date: Apr 21, 2023
India has made headlines recently as the UN estimated that it may overtake China as the world’s m...
Goa’s logistics industry pushes for infra-update of Mormugao Port
Categories: News Flash
Date: Apr 21, 2023
The logistics industry of Goa has urged the Mormugao Ports Authority (MPA) to update its infrastruc...
HMM to Test Shipboard Carbon Capture on Containership
Categories: News Flash
Date: Apr 21, 2023
South Korean shipping company HMM has announced plans to conduct field tests of a shipboard carbon ...
Russia accuses Ukraine of sabotaging grain deal with bribery scheme
Categories: News Flash
Date: Apr 20, 2023
Russia on Wednesday accused Ukraine of sabotaging the Black Sea grain deal by demanding bribes from...
IMO 2020 Implementation : Low Sulphur Go Green Recovery (LGGR) For May 2023
Categories: News Flash
Date: Apr 20, 2023
The International Maritime Organization (IMO) will implement a new sulphur cap for marine fuel oil ...