News Flash
FTC criticized for delaying approval for Hanwha’s acquisition of DSME
Categories: News Flash
Date: Mar 27, 2023
Korea’s antitrust regulator has emerged as an unexpected obstacle to Hanwha Group’s acquisition...
Amazon, other retailers revamp ‘free’ shipping as costs soar
Categories: News Flash
Date: Mar 27, 2023
There is no such thing as free shipping. Even so, Amazon.com Inc AMZN.O and other online retaile...
Europe’s Ports Welcome The Agreement On FuelEU Maritime To Reduce Emissions From Shipping During Navigation And At Berth
Categories: News Flash
Date: Mar 27, 2023
The European Sea Ports Organisation (ESPO) is pleased to see that a preliminary agreement has been ...
BW LPG Chooses Closelink As New Procurement Platform
Categories: News Flash
Date: Mar 27, 2023
Closelink is excited to announce that BW LPG has joined its marine lubricants procurement platform ...
Freight Rebound Hopes Are Fading Under an Inventory Glut
Categories: News Flash
Date: Mar 27, 2023
Freight companies are dialing back expectations that demand will recover strongly in the second hal...
Latest intersessional IMO meeting provides important clues on what might be agreed in the revised GHG strategy in July 2023
Categories: News Flash
Date: Mar 27, 2023
Much of the specifics remain up in the air as IMO’s ISWG-GHG 14 meeting outcome leaves open a bro...
Dry Bulk Market: Capesize Market Down This Week
Categories: News Flash
Date: Mar 27, 2023
Capesize The Capesize market declined early in the week without much support from either of the ...
Supporting ballast water management in the Mediterranean Sea
Categories: News Flash
Date: Mar 27, 2023
Promoting the development of coordinated action throughout the Mediterranean Sea region to prevent ...
More bio-, hydrogen-based marine fuels required for net-zero emissions
Categories: News Flash
Date: Mar 27, 2023
The shipping industry will need to significantly increase its uptake of bio- and hydrogen-based mar...
New, updated version released of “Prevention of Pest Contamination of Containers: Joint Industry Guidelines for the Cleaning of Containers”
Categories: News Flash
Date: Mar 27, 2023
Every year, 241 million containers are transported across the seas with over 7 trillion dollars’ ...
Cash premiums steady on thin trade, inventories rise across key hubs
Categories: News Flash
Date: Mar 25, 2023
Asia’s fuel oil cash premiums were little changed on Friday amid thin trading momentum, while ons...
Maersk signs MOU with Shanghai International Port Group on green methanol bunkering
Categories: News Flash
Date: Mar 25, 2023
A.P. Moller-Maersk (Maersk) announced today that the company has signed a Memorandum of Understandi...
IMM shortlists 5 overseas firms in sale of Korea’s No. 1 LNG shipping company
Categories: News Flash
Date: Mar 25, 2023
IMM Private Equity Inc. and IMM Investment Corp. shortlisted five overseas companies in its bid to ...
ICS Disappointed With Lack of Progress in Latest IMO Meeting on Reduction of GHG Emissions From Ships
Categories: News Flash
Date: Mar 25, 2023
The International Chamber of Shipping’s reaction on the latest IMO meeting was one of disappointm...
Baltic index marks first weekly fall in five
Categories: News Flash
Date: Mar 25, 2023
The Baltic Exchange’s main sea freight index edged higher on Friday on stronger demand in the lar...
2030 And 2040 Climate Action Shipping Hangs In The Balance At The UN, Following A Week Of Talks
Categories: News Flash
Date: Mar 25, 2023
Countries must keep the pressure on the UN to commit to reducing emissions from global shipping bef...
Bearish container shipping demand hits container prices and leasing rates across Europe
Categories: News Flash
Date: Mar 25, 2023
Excess containers stranded across Europe are causing congestion bottlenecks and space shortages at...
India: Manned Submersible For 6000 Meter Deep Ocean Mission Will Be Ready By 2026
Categories: News Flash
Date: Mar 25, 2023
The Earth Sciences and Science and Technology minister of India, Dr. Jitendra Singh mentioned that ...
Various Initiatives And Projects Undertaken Under Sagarmala Programme To Facilitate Shifting Of Cargo From Conventional Land-Based Transportation To Coastal Shipping Mode
Categories: News Flash
Date: Mar 25, 2023
Under Sagarmala Programme, various initiatives and projects have been undertaken to facilitate shif...
Bulk carrier detained, drug search under way
Categories: News Flash
Date: Mar 25, 2023
Bulk carrier FRIENDLY ISLANDS was berthed at Maceio, Brazil, in the morning Mar 24, to undergo a ...
Teekay Corporation Completes $30 Million Share Repurchase Program and Announces New Share Repurchase Program
Categories: News Flash
Date: Mar 24, 2023
Teekay Corporation (Teekay or the Company) (NYSE:TK) today announced that the Company has completed...
Standard Chartered signs agreement to provide digital solutions to shipping industry
Categories: News Flash
Date: Mar 24, 2023
Standard Chartered Bangladesh and Mediterranean Shipping Company Bangladesh Ltd (MSC) have recently...
Six Companies Team up to Build, Operate Japan’s 1st Methanol-fueled Coastal Tanker
Categories: News Flash
Date: Mar 24, 2023
Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., ...
US-led alliance launches drone patrols to monitor Gulf energy shipping lanes
Categories: News Flash
Date: Mar 24, 2023
The latest ship attack around the Arabian Sea shows that even with a reopening of diplomatic relati...
Oil spills and near misses: more ghost tankers ship sanctioned fuel
Categories: News Flash
Date: Mar 24, 2023
An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a c...
European Green Deal: Agreement reached on cutting maritime transport emissions by promoting sustainable fuels for shipping
Categories: News Flash
Date: Mar 24, 2023
The Commission welcomes the political agreement reached between the European Parliament and the Cou...
Baltic index gains as capesize rates rebound
Categories: News Flash
Date: Mar 24, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Shipping ministry to establish three Indian Ports as Hydrogen Hubs
Categories: News Flash
Date: Mar 24, 2023
The Ministry of Ports, Shipping, and Waterways (MoPSW) will develop two ports on India's east coast...
Massive Strike in Germany Forces Closure of Hamburg Port
Categories: News Flash
Date: Mar 24, 2023
A strike organized by public employees has forced the Port of HAMBURG to close down for m...
Port of Montreal to Implement AI System to Reduce Vessels’ Carbon Footprint
Categories: News Flash
Date: Mar 24, 2023
Montreal Port Authority and Global Spatial Technology Solutions (GSTS) have announced a new project...
India: Coal, crude oil spike lead port cargo charge in FY23, shows govt data
Categories: News Flash
Date: Mar 23, 2023
India’s state-owned ports have registered a strong growth during the 11 months of the ongoing fin...
Supply chain innovation central to LISW23 as DP World comes onboard as exclusive International Logistics Sponsor
Categories: News Flash
Date: Mar 23, 2023
The smooth flow of world trade will be a central topic at this September’s London International S...