News Flash

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Bulk carrier hits mine in Black Sea, two people injured, Ukraine says

Categories: News Flash

Date: Dec 29, 2023

A Panama-flagged bulk carrier that was headed to a River Danube port to load grain hit a Russian mi...

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Clean-up begins after Maersk loses shipping containers in North Sea

Categories: News Flash

Date: Dec 29, 2023

Debris has washed up on beaches along Denmark’s North Sea shoreline after a Maersk container ship...

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Shipbuilding Activity Focuses Eastwards

Categories: News Flash

Date: Dec 29, 2023

Asian owners have been more active in the newbuilding market during the Festive period. In its late...

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Techano: Awarded offshore crane contract

Categories: News Flash

Date: Dec 29, 2023

Nekkar’s subsidiary Techano Oceanlift has been awarded a contract by Sefine Shipyard to deliver a...

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Attack on a ship off India’s west coast can raise war risk premiums as security tightens

Categories: News Flash

Date: Dec 29, 2023

India has deployed missile destroyers in the Arabian Sea following the drone attack on a chemicals ...

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Fuel Cells Are Here To Decarbonise 15% Of The Global Fleet, Now

Categories: News Flash

Date: Dec 29, 2023

Fuel cells are ready to take on the heavy lifting of decarbonisation. There is a new generation of ...

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Asia LNG prices hit 4-month low despite supply, geopolitical concerns

Categories: News Flash

Date: Dec 27, 2023

Asian spot liquefied natural gas (LNG) prices hit their lowest level in over four months this week ...

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Dalian iron ore extends rally on positive state bank developments

Categories: News Flash

Date: Dec 27, 2023

Dalian iron ore futures rose for the fourth straight session and recorded their best day in two mon...

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Higher Shipping Freight Rates to Offset Costs of Re-Routing from Suez

Categories: News Flash

Date: Dec 27, 2023

Re-routing ships around Africa and away from the Suez Canal following attacks on commercial vessels...

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Global retailers, goods facing disruption risks from Red Sea attacks

Categories: News Flash

Date: Dec 27, 2023

Global retailers selling apparel, household staples and white goods face bigger risks from disrupti...

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Panama Canal has seen no traffic increase amid attacks in Red Sea

Categories: News Flash

Date: Dec 27, 2023

The Panama Canal Authority said on Thursday it has not seen a notable traffic increase due to thesi...

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Hapag-Lloyd announces extra fees as Red Sea attacks hit trade

Categories: News Flash

Date: Dec 27, 2023

Germany’s Hapag-Lloyd joined rivals on Friday in announcing surcharges for cargo it transports to...

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Asia Fuel Oil-Spot premiums dip; Kuwait sells HSFO from Al Zour

Categories: News Flash

Date: Dec 27, 2023

Spot fuel oil premiums eased slightly on Friday, while Kuwait’s KPC recently sold high sulphur fu...

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US Gulf Coast LNG freight rates sink to multi-month lows

Categories: News Flash

Date: Dec 27, 2023

LNG freight rates out of the US Gulf Coast have fallen to their lowest levels since August as a lac...

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Maersk imposes container surcharge due to diversion from Red Sea

Categories: News Flash

Date: Dec 27, 2023

Denmark’s Maersk MAERSKb.CO will impose extra charges on container transport from Asia following ...

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Logothetis leads new funding for SulNOx

Categories: News Flash

Date: Dec 27, 2023

Constantine Logothetis has once again led further investment in UK-listed fuel additives group SulN...

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Baltic index falls for third week on weaker rates across segments

Categories: News Flash

Date: Dec 27, 2023

The Baltic Exchange’s dry bulk sea freight index edged up on Friday but declined for the third co...

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How could Red Sea attacks affect oil and gas shipping?

Categories: News Flash

Date: Dec 26, 2023

Several shipping companies and a few liquefied (LNG) tankers have decided to avoid the world’s ma...

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MHSS Seafarer Survey Highlights Connectivity Concerns as Top Priority During Holiday Season

Categories: News Flash

Date: Dec 26, 2023

Seafarers’ fears over connectivity issues over the holiday season have been revealed in a recent ...

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Baltic index falls for third week on weaker rates across segments

Categories: News Flash

Date: Dec 26, 2023

The Baltic Exchange’s dry bulk sea freight index edged up on Friday but declined for the third co...

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Dalian iron ore extends rally on positive state bank developments

Categories: News Flash

Date: Dec 26, 2023

Dalian iron ore futures rose for the fourth straight session and recorded their best day in two mon...

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Maersk imposes container surcharge due to diversion from Red Sea

Categories: News Flash

Date: Dec 26, 2023

Denmark’s Maersk MAERSKb.CO will impose extra charges on container transport from Asia following ...

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ClassNK issues approval in principle (AiP) for MOL’s FSRU

Categories: News Flash

Date: Dec 26, 2023

ClassNK has issued an Approval in Principle (AiP) for an Ammonia FSRU (Ammonia Floating Storage and...

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Asia LNG prices hit 4-month low despite supply, geopolitical concerns

Categories: News Flash

Date: Dec 26, 2023

Asian spot liquefied natural gas (LNG) prices hit their lowest level in over four months this week ...

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Panama Canal has seen no traffic increase amid attacks in Red Sea

Categories: News Flash

Date: Dec 26, 2023

The Panama Canal Authority said on Thursday it has not seen a notable traffic increase due to thesi...

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Asia Fuel Oil-Spot premiums dip; Kuwait sells HSFO from Al Zour

Categories: News Flash

Date: Dec 26, 2023

Spot fuel oil premiums eased slightly on Friday, while Kuwait’s KPC recently sold high sulphur fu...

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US Gulf Coast LNG freight rates sink to multi-month lows

Categories: News Flash

Date: Dec 26, 2023

LNG freight rates out of the US Gulf Coast have fallen to their lowest levels since August as a lac...

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Shipping gears up to meet a 5-10% low carbon fuel target, but will fuels be available?

Categories: News Flash

Date: Dec 22, 2023

The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in...

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More ships to avoid the Red Sea as attacks disrupt world trade.

Categories: News Flash

Date: Dec 22, 2023

Germany’s Hapag-Lloyd and Hong Kong’s OOCL said on Thursday they would avoid the Red Sea, the l...

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Russia oil price cap coalition toughens shipping rules -US Treasury Dept

Categories: News Flash

Date: Dec 22, 2023

The U.S.-led coalition imposing a price cap on seaborne Russian oil announced changes on Wednesday ...

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Baltic index drops for the seventh straight session as capesize rates slip.

Categories: News Flash

Date: Dec 22, 2023

The Baltic Exchange’s dry bulk sea freight index extended declines for a seventh consecutive sess...

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Shipping container price surge to reverse due to overcapacity -logistics platform.

Categories: News Flash

Date: Dec 22, 2023

Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are like...