News Flash
OPEC+ throws tanker shipping a curveball, shaking confidence
Categories: News Flash
Date: Apr 08, 2023
“In classic Murphy’s Law fashion, shipping seems prone to misfortune,” lamented Stifel analys...
Western curbs on Russian oil products redraw global shipping map
Categories: News Flash
Date: Apr 08, 2023
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions ...
Notification making seafarers’ pension permanent soon: Commissioner NRI Affairs
Categories: News Flash
Date: Apr 08, 2023
Commissioner NRI Affairs, Narendra Sawaikar on Wednesday 5 April announced that a notificatio...
Gujarat Ports remain as Port leaders of the country
Categories: News Flash
Date: Apr 08, 2023
DEENDAYAL PORT AUTHORITY, KANDLA (DPA) in Gujarat has retained the No. 1 position in terms of traff...
Syrian crew die as elderly ship sinks off Turkish coast
Categories: News Flash
Date: Apr 08, 2023
A 30-year-old Guinea-Bissau flagged general cargo ship with 14 Syrian crew sank off Turkey’s Medi...
Bulgaria Shuts Its River And Sea Ports To Russian Vessels
Categories: News Flash
Date: Apr 08, 2023
Bulgaria has made a decision to close its ports to ships that boast a certificate from Russia’s M...
CMA CGM and CSSC Sign Largest Containership Order Valued at $3B
Categories: News Flash
Date: Apr 08, 2023
CMA CGM is reported to have signed the largest container shipbuilding order placed in China for a t...
Coastal shipping to get infrastructure status: Sonowal
Categories: News Flash
Date: Apr 08, 2023
The union ministry for ports, shipping and waterways has proposed giving infrastructure status to c...
S. Korea releases revised standards for construction of fuel cell-powered vessels
Categories: News Flash
Date: Apr 06, 2023
In a bid to gain competitiveness in the global hydrogen fuel cell-powered vessel market, South Kore...
Adani Ports records largest ever port cargo volumes but misses full year guidance
Categories: News Flash
Date: Apr 06, 2023
Adani Ports has recorded its largest port cargo volumes ever in the current financial year. With a ...
Unlocking much greater efficiency improvement is key to aligning shipping to 1.5ºC by 2030
Categories: News Flash
Date: Apr 06, 2023
IMO’s GHG debates have centred on the fuel transition, which is key for the ultimate transition t...
IMCA appoints new environmental sustainability lead
Categories: News Flash
Date: Apr 06, 2023
The International Marine Contractors Association (IMCA) welcomes a new environmental sustainability...
Baltic index rises as larger vessels demand remains firm
Categories: News Flash
Date: Apr 06, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Russia using ship-to-ship diesel transfers for transatlantic exports
Categories: News Flash
Date: Apr 06, 2023
Russia has started to make ship-to-ship (STS) transfers of diesel near African ports as it seeks tr...
Strong Newbuilding Market Underpins Shipowners’ Optimism
Categories: News Flash
Date: Apr 06, 2023
The newbuilding market has strengthened considerably over the course of the past week. In its lates...
Suez Canal Unaffected by Tanker “Fender Bender” in Great Bitter Lake
Categories: News Flash
Date: Apr 06, 2023
Two Greek-managed tankers had what amounts to a “fender bender” in the Suez Canal yesterday wit...
Eight Missing After Cargo Ship Bound for Ukraine Sinks off Turkey
Categories: News Flash
Date: Apr 06, 2023
Turkish officials are reporting that a search and rescue operation is underway in the Mediterranean...
UK's Leading Offshore Producer Lays Off 350, Citing Windfall Tax
Categories: News Flash
Date: Apr 06, 2023
The UK's largest offshore oil and gas player, Harbour Energy, has announced that it will be laying ...
A.P. Moller – Maersk launches new US-China air cargo link
Categories: News Flash
Date: Apr 05, 2023
In an effort to meet its customers’ end-to-end logistics needs, A.P. Moller – Maersk (Maersk) i...
Vitol’s V-Bunkers Unveils First Electric-Hybrid Bunker Tanker in Singapore
Categories: News Flash
Date: Apr 05, 2023
Vitol’s Singaporean bunker operations company, V-Bunkers, has today announced that they will be t...
LR and ICS enter partnership to invest in crew insight software
Categories: News Flash
Date: Apr 05, 2023
Lloyd’s Register has acquired a 50% interest in ISF Watchkeeper, the leading work and rest hours ...
Ukrainian grain flows stabilize above average amid turbulent trading
Categories: News Flash
Date: Apr 05, 2023
As seaborne Ukrainian grain exports via the Black Sea are stabilizing at above-average levels and s...
Capesize second-hand prices surge 22% m/m as rates rebound
Categories: News Flash
Date: Apr 05, 2023
In March 2023 China’s economic recovery caused a pick-up in capesize freight rates and in sale an...
Slow Tonnage Supply Hinders Ship Recycling Market Activity
Categories: News Flash
Date: Apr 05, 2023
Tonnage availability has been hard to come by in the ship recycling market. In its latest weekly re...
e1 Marine to build S130 hydrogen generator for Current AG to support carbon capture system development
Categories: News Flash
Date: Apr 05, 2023
Global renewable energy company, e1 Marine, has been commissioned to build an S Series 130 methanol...
Tankers cillided in Great Bitter Lake, Suez Canal
Categories: News Flash
Date: Apr 05, 2023
Product tanker ALIGOTE collided with moored Aframax tanker LYRIC MAGNOLIA at around 0515 UTC Ap...
Experts Predict Global Demand Of Indian Seafarers Will Rise 20% In Next 10 Years
Categories: News Flash
Date: Apr 05, 2023
Vinay Singh, Managing Director of Marine HR at the Anglo-Eastern Group, recently announced that the...
National Maritime Day 2023: Date, Theme, History & Significance
Categories: News Flash
Date: Apr 05, 2023
National Maritime Day is celebrated on 5 April in India. The first event of the National Maritime D...
Industrial and Logistics sector leasing probably to slow down to 32-35 million square feet (msf) in 2023
Categories: News Flash
Date: Apr 04, 2023
The global real estate consultant’s ‘2023 India Market Outlook’ report said that th...
FIR filed against 15 after vessel enters prohibited area
Categories: News Flash
Date: Apr 04, 2023
The Mumbai police have registered an FIR against 15 crew members of a fishing boat after it alleg...
LNG tankers heading to Britain, Belgium, the Netherlands and Germany
Categories: News Flash
Date: Apr 04, 2023
The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium, the N...
Air France-KLM and CMA CGM officially launch their long-term strategic air cargo partnership
Categories: News Flash
Date: Apr 04, 2023
Air France-KLM and the CMA CGM Group announced today the effective launch of the long-term strategi...