News Flash
MSC as the newest Impact Partner strengthens GCMD’s efforts to help shipping decarbonize
Categories: News Flash
Date: Mar 17, 2023
As the world’s largest shipping line, MSC has 730 vessels and the industry’s largest newbuildin...
Fichte & Co. initiates dialogue on emerging legal challenges in maritime and its solutions at FUJCON 2023
Categories: News Flash
Date: Mar 17, 2023
Fichte and Co Legal, the UAE’s leading law firm, participated in the 2023 edition of The Internat...
Marlink and ABS Wavesight™ Partner to Accelerate Maritime Clients’ Digital Transformation
Categories: News Flash
Date: Mar 17, 2023
Marlink, the smart network and ICT solutions company, and ABS Wavesight™, the ABS-affiliated mari...
ARA gasoil stocks continue to drop, but still near 2-yr high
Categories: News Flash
Date: Mar 17, 2023
Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and sto...
Tech Accelerator Working Towards Reducing Maritime Methane Emissions Gains Momentum With Major New Signatories
Categories: News Flash
Date: Mar 17, 2023
A major cross sectoral initiative tasked with reducing methane emissions across the maritime indust...
Second Hand Vessel Deals Down 50% So Far This Year
Categories: News Flash
Date: Mar 17, 2023
The second hand market for ships has declined to just $7 billion, versus $13.5 billion in the same ...
FSO stern flooded, evac, 1 worker died, Gulf of Siam
Categories: News Flash
Date: Mar 17, 2023
Confirmed it was an explosion, worker died in explosion. 400,000 barrels of oil on board. No power ...
Hapag-Lloyd Launches New Service In Asia
Categories: News Flash
Date: Mar 17, 2023
German ocean carrier Hapag-Lloyd announced the addition of a new service in Asia that will have fle...
New Shipping Service To Link Saudi Arabia To Indian Subcontinent
Categories: News Flash
Date: Mar 17, 2023
The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the IMX ser...
SK gas to enter LNG bunkering business through Korea Energy Terminal
Categories: News Flash
Date: Mar 16, 2023
South Korea’s SK gas Co. is preparing to enter the liquefied natural gas bunkering market through...
Fujairah expects more refineries to be set up to produce marine fuel
Categories: News Flash
Date: Mar 16, 2023
Fujairah, the world’s third-largest bunkering hub, expects energy companies to set up more refine...
Turkey seeks extending grain deal for 120 days – defence minister
Categories: News Flash
Date: Mar 16, 2023
Turkey will continue discussions to extend a deal that allows grain shipments from Ukraine’s Blac...
Share of ships with scrubbers seen rising despite 24% fall in fittings in 2022
Categories: News Flash
Date: Mar 16, 2023
“Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, c...
Baltic index rises on panamax vessel demand
Categories: News Flash
Date: Mar 16, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Recruitment of Merchant Navy Professionals increased due to increasing commercial activities
Categories: News Flash
Date: Mar 16, 2023
RECRUITMENT OF MERCHANT NAVY PROFESSIONALS 1589. SHRI TIRUCHI SIVA:Will the Minister of PORTS, S...
Globus Maritime offloads ageing supramax for $14m
Categories: News Flash
Date: Mar 16, 2023
Greek bulker owner Globus Maritime has sold its 2007-built supramax Sun Globe to an unaff...
DNV recovers from fleet management system ransomware attack
Categories: News Flash
Date: Mar 16, 2023
DNV announced all users are back online on its dedicated ShipManager servers after the ransomware a...
ONE Adds to Orderbook with Order for Ten Large Containership
Categories: News Flash
Date: Mar 16, 2023
Despite falling freight rates and uncertainty regarding consumer demand, container shipping’s ord...
UAE Bunkering Hub Falling Behind on Alternative Fuels
Categories: News Flash
Date: Mar 16, 2023
UAE’s Fujairah must step up investments for storage and supply of new alternative fuels as these ...
TFG Marine targets 20% bunker sales rise through expansion
Categories: News Flash
Date: Mar 15, 2023
TFG Marine, majority owned by commodities trader Trafigura, aims to increase its marine fuel sales ...
Seanergy Maritime Remains Confident of Dry Bulk Market’s Prospects Moving Forward
Categories: News Flash
Date: Mar 15, 2023
Seanergy Maritime Holdings Corp., announced today its financial results for the fourth quarter and ...
Baltic index hits near 12-week high on heavy capesize demand
Categories: News Flash
Date: Mar 15, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Tanker sales surge as Ukraine war divides maritime fleet over Russian cargoes
Categories: News Flash
Date: Mar 15, 2023
The war in Ukraine has spurred a flurry of sales and purchases of oil tankers over the past year as...
Iceberg, as large as Greater London, poses threat to shipping, fishing, wildlife
Categories: News Flash
Date: Mar 15, 2023
Scientists are concerned about a massive iceberg, the size of Greater London, which could potential...
Kazakhstan to ship 20,000 tonnes of crude to Germany in March
Categories: News Flash
Date: Mar 15, 2023
Kazakhstan plans to ship 20,000 tonnes of crude to Germany this month via the Russian Druzhba pipel...
NYK Sends First Ship For Green Recycling in Bangladesh
Categories: News Flash
Date: Mar 15, 2023
Bangladesh-based ship recycling company, PHP Ship Recycling, has achieved a significant milestone b...
MSC Hits New Milestone, Takes Delivery of World’s Largest Containership
Categories: News Flash
Date: Mar 15, 2023
The Mediterranean Shipping Company (MSC) received delivery of the world's largest containership in ...
Bulk carrier disabled by water ingress at Lyttelton, NZ
Categories: News Flash
Date: Mar 15, 2023
Bulk carrier LOYALTY HONG, berthed at Lyttelton, New Zealand, suffered engine room flooding during...
Wärtsilä Optimised Maintenance Agreement to support operational performance of National Petroleum Construction Company’s fleet
Categories: News Flash
Date: Mar 14, 2023
The technology group Wärtsilä has signed a five-year Optimised Maintenance Agreement with Nationa...
S&P Global Commodity Insights Acquires Tradenet & MINT to Further Strengthen Shipping Offering
Categories: News Flash
Date: Mar 14, 2023
Traders, producers, investors and governments are racing to secure software solutions that can offe...
Cargo is key to fair emissions calculations, says SHIPNEXT CEO
Categories: News Flash
Date: Mar 14, 2023
A new emissions index has been developed by independent shipping platform SHIPNEXT, in a bid to add...
HSFO cash premiums retreat, Hi-5 spread may widen
Categories: News Flash
Date: Mar 14, 2023
Spot fuel oil premiums for high sulphur fuel oil (HSFO) declined on Monday, although a flurry of tr...