News Flash
Drewry: Despite strong long-term investment case, looming uncertainties dampen our near-term outlook
Categories: News Flash
Date: Feb 10, 2023
After a slow start in 1Q22, stocks prices slumped for two consecutive quarters – 2Q22 and 3Q22. T...
LNG Shipping Primed for a Stellar 2023
Categories: News Flash
Date: Feb 10, 2023
The LNG shipping market is about to experience a great year earnings-wise, at least according to ex...
RightShip: Climbing cases of seafarer abandonment places profits above people as $40 million is lost in unpaid crew wages
Categories: News Flash
Date: Feb 10, 2023
Reported rates of seafarer abandonment show no signs of slowing, with current figures listing 9,925...
Record 112m tonnes Indian wheat harvest not seen benefitting global supplies
Categories: News Flash
Date: Feb 10, 2023
India is heading for the highest wheat harvest on record of 112 million tonnes this spring. However...
Leveraging Technology and Communication in the Shipping Industry: The Key to Streamlining Operations
Categories: News Flash
Date: Feb 10, 2023
The shipping industry is adjusting to the modern trend with smart ship technologies to enhance mari...
Container Shipping Companies Splurge on Newbuildings
Categories: News Flash
Date: Feb 10, 2023
The newbuilding market has been lit on fire as major container liners have moved forward with their...
Product Tanker Market Expected to Face Structural Shift
Categories: News Flash
Date: Feb 10, 2023
The product tanker market is already in Russian ban mode since February the 5th, when the EU import...
India says G20 presidency an opportunity to play key role in energy security efforts
Categories: News Flash
Date: Feb 09, 2023
India’s G20 presidency is an opportunity to lead efforts on ensuring global energy security, whil...
Blaze at Turkey’s Iskenderun port under control -maritime authority
Categories: News Flash
Date: Feb 09, 2023
A container blaze at Turkey’s southern port of Iskenderun has been brought under control, Turkey...
Overseas Demand Continues to Affect Cargo, Exports at Chinese Ports
Categories: News Flash
Date: Feb 09, 2023
China’s total cargo throughput was up by 3% yoy in 4Q22, while foreign trade cargo declined by 1%...
TotalEnergies Marine Fuels, Hapag-Lloyd and Jurong Port Universal Terminal Kick-start First Biofuel Bunker Term Delivery in Singapore
Categories: News Flash
Date: Feb 09, 2023
TotalEnergies Marine Fuels has successfully completed its first refuelling of a Hapag-Lloyd contain...
U.S. East Coast Port Workers Begin Early Contract Talks
Categories: News Flash
Date: Feb 09, 2023
Union locals that represent dockworkers at 36 ports from Maine to Texas have opened contract talks ...
IMCA calls for offshore wind competitiveness programme
Categories: News Flash
Date: Feb 09, 2023
A week after launching the International Marine Contractors Association’s (IMCA’s) newly update...
Supply chain experts: Post-Covid sourcing diversification will reshape trade and shipping flows
Categories: News Flash
Date: Feb 09, 2023
The diversification of product sourcing away from China in the post-Covid era as manufacturers and ...
Record 112m tonnes Indian wheat harvest not seen benefitting global supplies
Categories: News Flash
Date: Feb 09, 2023
“India is heading for the highest wheat harvest on record of 112 million tonnes this spring. Howe...
Baltic index snaps 5-session losing run on higher capesize rates
Categories: News Flash
Date: Feb 09, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Container Shipping Companies Splurge on Newbuildings
Categories: News Flash
Date: Feb 09, 2023
The newbuilding market has been lit on fire as major container liners have moved forward with their...
Columbia Group unveils ambitious plans for ground-breaking new digital platform to boost vessel performance
Categories: News Flash
Date: Feb 08, 2023
The operational performance of a vessel is set to be boosted with an innovative new digital solutio...
Wärtsilä and Berge Bulk complete maritime industry’s first inline shaft generator retrofit
Categories: News Flash
Date: Feb 08, 2023
The technology group Wärtsilä has successfully retrofitted an inline shaft generator system on th...
VLSFO market steadies; regional supplies ease
Categories: News Flash
Date: Feb 08, 2023
The 0.5% very low sulphur fuel oil market in Asia held steady on Tuesday as expectations of lower r...
Wilhelmsen Ship Management and Affinity Shipping team up to launch full EU emissions reporting and trading services
Categories: News Flash
Date: Feb 08, 2023
Wilhelmsen Ship Management (WSM) and Affinity Shipping have signed a Memorandum of Understanding (M...
We Can Stop Duplicating Financing Fraud This Year, Says International Chamber Of Commerce United Kingdom As New Initiative Launched
Categories: News Flash
Date: Feb 08, 2023
The International Chamber of Commerce United Kingdom (ICC United Kingdom) has announced a new initi...
Ship-to-ship loadings of Russian Urals oil hit record in Med. in January
Categories: News Flash
Date: Feb 08, 2023
Ship-to-ship (STS) loadings of Russian Urals blend crude oil hit a record high in January in the Me...
New wave of sanctions to hit Clean Tanker market
Categories: News Flash
Date: Feb 08, 2023
A fresh round of EU sanctions on Russia that will include refined petroleum products are set to com...
RightShip: Climbing cases of seafarer abandonment places profits above people as $40 million is lost in unpaid crew wages
Categories: News Flash
Date: Feb 08, 2023
Reported rates of seafarer abandonment show no signs of slowing, with current figures listing 9,925...
Baltic Index Extends Fall On Lower Rates For Panamax, Supramax
Categories: News Flash
Date: Feb 08, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Ship Recycling: Positive Steps Made for the Industry
Categories: News Flash
Date: Feb 08, 2023
The ship recycling industry is undergoing significant changes in various countries. In its latest w...
Directorate General of Shipping criticizes ports banning scrubbers
Categories: News Flash
Date: Feb 07, 2023
Directorate General of Shipping published a circular, noting that some of the country’...
World’s latest container ship EVER ACME transits Suez Canal on 1st sea voyage
Categories: News Flash
Date: Feb 07, 2023
The World’s latest giant container ship, EVER ACME, crossed the new navigational channel of the S...
Global container port congestion to decline through 2023
Categories: News Flash
Date: Feb 07, 2023
Pre-berth waiting times showed clear signs of improvement towards the end of 2022 despite, increasi...
Car carriers booked solid, container ships being considered
Categories: News Flash
Date: Feb 07, 2023
The Ministry of Oceans and Fisheries proposed the use of container ships to export new cars in orde...
Tankers International launches a new CII feature for popular VLCC fixture app
Categories: News Flash
Date: Feb 07, 2023
Tankers International, the world’s leading shipping pool for VLCCs, today announced the launch of...