News Flash
Nor-Shipping targets renewable potential with first Norwegian Offshore Wind pavilion
Categories: News Flash
Date: Dec 09, 2022
Nor-Shipping has announced that its 2023 event, taking place in Oslo and Lillestrøm, 6-9 June, wil...
Coast Guard faults pilot in Chesapeake Bay ship grounding
Categories: News Flash
Date: Dec 08, 2022
A Coast Guard investigation into the grounding in March of a cargo ship in the Chesapeake Bay fault...
Shipping industry and unions sign MOU to preserve cooperative spirit of pandemic
Categories: News Flash
Date: Dec 08, 2022
Unions representing seafarers and maritime employer groups have come together to sign a new memoran...
INTERCARGO Statement on IMO Decarbonisation Ambitions, Medium-Term Measures and Carbon Intensity Indicators
Categories: News Flash
Date: Dec 08, 2022
INTERCARGO continues to fully support the ambition to achieve net zero emission shipping by 2050. I...
Russia is concerned over oil tankers build-up in Bosphorus
Categories: News Flash
Date: Dec 08, 2022
Russia is concerned about a build-up of oil tankers in the Bosphorus Strait and is discussing the i...
Global Maritime Forum report lays out action plan for shipping’s long-term challenges and opportunities
Categories: News Flash
Date: Dec 08, 2022
The key message that echoed across the discussions was that the maritime sector must not lose the d...
Global container volumes fall 9.3% y/y as historic growth cycle ends
Categories: News Flash
Date: Dec 08, 2022
From mid-2020, global container export volumes saw strong growth, and combined with increasing port...
Baltic index at near one-month high on firm capesize demand
Categories: News Flash
Date: Dec 08, 2022
The Baltic Exchange’s dry bulk sea freight index rose to its highest level in almost a month on W...
Diana Shipping Inc. Announces Sale And Leaseback of m/v DSI Andromeda and Time Charter Contract for m/v DSI Pegasus With Reachy
Categories: News Flash
Date: Dec 08, 2022
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-i...
Tankers Changing Hands Left, Right and Center
Categories: News Flash
Date: Dec 08, 2022
Sanctions on Russian oil have triggered major moves in the tanker market, with Russia and its allie...
Lok Sabha takes up debate on Anti-Maritime Piracy Bill
Categories: News Flash
Date: Dec 08, 2022
THE LOK Sabha on Wednesday took up for the second time in three years a Bill to make a law to tackl...
Request from the Turkish authorities for confirmatory letters of P&I cover for ships entering international straits and Turkish waters, ports and terminals
Categories: News Flash
Date: Dec 06, 2022
The Government of Turkey issued a notice dated 16 November 2022 which requires all ships transiting...
Sohar Port and Freezone reports strong results for 2022 third quarter
Categories: News Flash
Date: Dec 06, 2022
Sohar Port and Freezone has announced strong results for the third quarter of 2022 as the Port thro...
Calabar Port receives largest tonnage of single general cargo vessel
Categories: News Flash
Date: Dec 06, 2022
The concerted efforts of the Mohammed Bello Koko-led Management of the Nigerian Ports Authority at ...
Adani Ports and SEZ handles total cargo volume of 25.3 MMT in Nov’22
Categories: News Flash
Date: Dec 06, 2022
Adani Ports and Special Economic Zone (APSEZ) said that it handled a cargo volume of approximately ...
Lloyds List features Dr. Anil Sharma as a shipping industry leader
Categories: News Flash
Date: Dec 06, 2022
Dr. Anil Sharma, President and CEO of GMS, has, for the thirteenth straight year in a row, been lis...
Jamaica celebrates its role at the heart of maritime regulation as it launches its campaign for IMO re-election
Categories: News Flash
Date: Dec 06, 2022
Jamaica underscored the importance of being at the heart of international maritime regulation by ho...
74% of Freight forwarders from Asia affirm market opportunity for Shipper owned containers in the region: Container xChange Survey
Categories: News Flash
Date: Dec 06, 2022
The market opportunity for Shipper-owned containers (SOCs) is recognized by 74% of freight forwarde...
Wärtsilä Cargo Handling and Fuel Supply Systems selected for world’s largest LPG/Midsize gas carriers
Categories: News Flash
Date: Dec 06, 2022
The efficiency and advanced design of the technology group Wärtsilä’s Cargo Handling and LPG Fu...
Russia assembles a ‘shadow fleet’ of more than 100 oil tankers as Putin tries to bust western sanctions, report said
Categories: News Flash
Date: Dec 06, 2022
Russia has assembled a “shadow fleet” of more than 100 oil tankers in a bid to bust western san...
Baltic index flat as panamax gains offset capesize losses
Categories: News Flash
Date: Dec 06, 2022
The Baltic Exchange’s dry bulk sea freight index was little changed on Monday as gains in the pan...
LR authorised to carry out certification activities for non-SOLAS ships in Italy
Categories: News Flash
Date: Dec 05, 2022
Lloyd’s Register (LR) has been awarded the status of a Notified Body by the Italian Ministry for ...
Indian state will proceed ‘no matter what’ with protest-hit Adani port-minister
Categories: News Flash
Date: Dec 05, 2022
India’s Kerala state will proceed “no matter what” with a $900 million port project and is op...
Venezuelan oil exports flow using false documents, ships linked to Iran
Categories: News Flash
Date: Dec 05, 2022
When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it ha...
EU’s ETS for shipping to start from 2024, include methane in emissions accounting
Categories: News Flash
Date: Dec 05, 2022
EU institutions have reached a preliminary agreement on how to extend its Emissions Trading System ...
Container shipping rates still sinking, no sign yet of market floor
Categories: News Flash
Date: Dec 05, 2022
So much for the theory that container lines are a nefarious cartel that can control freight pricing...
Urals oil discount widens as freight rates for Russian oil jump – traders, Reuters calculations
Categories: News Flash
Date: Dec 05, 2022
Russian Urals oil’s discount to dated Brent have widened significantly, under pressure from recor...
Tankers In Correction Mode This Week
Categories: News Flash
Date: Dec 05, 2022
Clean The Atlantic front and backhaul has been active with TC2 Cont-USAC 37,000mt CPP rising ove...
Dry Bulk Market: Positive Signs Are Starting to Emerge
Categories: News Flash
Date: Dec 05, 2022
Capesize The Capesize market was in a ‘one step forward, two steps back’ mode this week. The...
UN climate talks on shipping: short-term action urgently needed
Categories: News Flash
Date: Dec 05, 2022
Civil society groups call for an urgent adoption of short-term emission reduction targets for globa...
Product Tankers Set to Benefit the Most from a Ton-Mile Increase From Latest Round of Sanctions on Russian Oil
Categories: News Flash
Date: Dec 05, 2022
The latest round of sanctions on Russian oil is bound to offer yet more support to the product tank...
MABUX Expects Extreme Volatility for Bunker Prices Next Week
Categories: News Flash
Date: Dec 02, 2022
Over the Week 48, MABUX global bunker indices, as expected, continued their firm decline. The 380 H...