News Flash

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ZIM Announces Participation In A Series A Financing Round In Hoopo, A Provider Of Cutting-Edge Tracking Solutions For Unpowered Assets

Categories: News Flash

Date: Aug 13, 2022

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the completion of a Series A fina...

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Valenciaport Strengthens Relations With The Chinese Region Of Fujian

Categories: News Flash

Date: Aug 13, 2022

China is Valenciaport’s main trading partner and represents 15% of the total container traffic ha...

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The Seafarers’ Charity Joins Diversity In Maritime Charter Programme

Categories: News Flash

Date: Aug 13, 2022

Maritime UK, the umbrella body for the maritime sector, has welcomed The Seafarers’ Charity as th...

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Panama Canal Grapples With Climate Change Threat

Categories: News Flash

Date: Aug 13, 2022

Global warming and changing weather patterns are affecting the water supply for one of the world’...

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Meetings Of The Tripartite Maritime Table Restart With The Participation Of The Government, Seafarers And Shipowners

Categories: News Flash

Date: Aug 13, 2022

As part of the commitment carried out by the Panama Maritime Authority (AMP) with the maritime, por...

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Chennai Petroleum Cuts Crude Runs By 25% At Southern India Refinery

Categories: News Flash

Date: Aug 12, 2022

India’s Chennai Petroleum Corp said on Tuesday it had cut crude processing by a quarter at its 20...

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Three Partners, 48 Hours, One Mission: Hacking Into Future Potential At Nor-Shipping

Categories: News Flash

Date: Aug 12, 2022

Astrup Fearnley, Veracity by DNV and Microsoft Norway joined forces at this year’s Nor-Shipping t...

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Mongolia Exports Over 11 Mln Tons Of Coal In First 7 Months

Categories: News Flash

Date: Aug 12, 2022

Mongolia exported 11.1 million tons of coal in the first seven months of this year, data from the M...

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U.N. Expects ‘Big Uptick’ In Ships Wanting To Export Ukraine Grain

Categories: News Flash

Date: Aug 12, 2022

The United Nations expects a “big uptick” in ships wanting to export Ukraine grain through the ...

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Iron Ore Advances On China Restocking, Speculative Buying

Categories: News Flash

Date: Aug 12, 2022

Dalian and Singapore iron ore futures advanced on Thursday, as restocking and speculative buying un...

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Dry Bulk: Freight Rate Market Could Be Heading For A Rebound In The Coming Weeks

Categories: News Flash

Date: Aug 12, 2022

The dry bulk market could be heading for a revival moving forwards. In its latest weekly report, sh...

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Delivery Of First Aframax Petroleum Tanker And Immediate Commencement Of Pool Employment

Categories: News Flash

Date: Aug 12, 2022

United Maritime Corporation, announced today the delivery of the previously-announced Aframax vesse...

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India’s Trade Gap With UAE Widens As Oil Imports Rise

Categories: News Flash

Date: Aug 12, 2022

India’s trade gap with the United Arab Emirates ballooned fourfold in the May-June period, the fi...

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Indonesia Blocks Exports From 48 Coal Miners As EU’s Russian Coal Ban Begins

Categories: News Flash

Date: Aug 12, 2022

On 9 August, the Indonesian Energy and Mineral Resources Minister announced that 71 coal miners fai...

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Baltic Index Hits 6-Month Low As Rates Across Vessels Slump

Categories: News Flash

Date: Aug 12, 2022

The Baltic Exchange’s main sea freight index slipped to a six-month trough on Thursday pressured ...

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Korea Shipbuilding & Offshore Engineering Receives $1.5B Order For Seven LNG Carriers

Categories: News Flash

Date: Aug 11, 2022

Korea Shipbuilding & Offshore Engineering (KSOE) received an order worth 1.96 trillion won ($1....

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Greece To Exit EU’s ‘Enhanced Surveillance’ Framework After 12 Years

Categories: News Flash

Date: Aug 11, 2022

Greece will exit the European Union’s so-called enhanced surveillance framework on August 20, its...

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Drydocks World-Dubai Signs Strategic Partnership With Silverstream Technologies To Drive Maritime Decarbonisation In The Middle East

Categories: News Flash

Date: Aug 11, 2022

Drydocks World-Dubai has today announced the signing of a strategic agreement with maritime technol...

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Bourbon Marine Services Greenmar (BMSG) Implements MarTrust’s E-Wallet Solution To Pay Their Seafarers And Support Seafarer Welfare

Categories: News Flash

Date: Aug 11, 2022

MarTrust, the leading global maritime payment solutions company and part of Marcura, today announce...

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Mark W. Barker Bulker Operational With Thordon’s Robust Rivertough Bearing

Categories: News Flash

Date: Aug 11, 2022

Mark W. Barker, the first new U.S flagged Great Lakes bulker in almost 40 years, has successfully c...

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MISC And Consortium Partners Ink Landmark Deal With Gatarenergy For Seven Newbuilding LNG Carriers

Categories: News Flash

Date: Aug 11, 2022

MISC Berhad (MISC) through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PL...

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Low Rhine Water Levels Another Drain On Germany’s Economy

Categories: News Flash

Date: Aug 11, 2022

Already bracing for recession and winter energy shortages, German businesses are grappling with the...

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Forto And Hapag-Lloyd Partner To Deliver Biofuel Alternative For Customers

Categories: News Flash

Date: Aug 11, 2022

Through a new partnership with Hapag-Lloyd, a leading global liner shipping company, Forto has laun...

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Midsize Crude, Product Tanker Earnings Boom On Trade Shifts: International Seaways

Categories: News Flash

Date: Aug 11, 2022

Earnings on voyages made by product and midsize crude tankers reached elevated levels in the second...

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LNG Carrier Prices Nearing All-Time High

Categories: News Flash

Date: Aug 11, 2022

Prices of liquefied natural gas (LNG) carriers are skyrocketing. Analysts expect a further rise in ...

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Russia Suspends Oil Exports Via Southern Leg Of Druzhba Pipeline Due To Transit Payment Issues

Categories: News Flash

Date: Aug 10, 2022

Russia suspended oil exports via the southern leg of the Druzhba pipeline from early August due to ...

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Devastating Fire May Force Cuba To Resort To Floating Oil Storage

Categories: News Flash

Date: Aug 10, 2022

An inferno at Cuba’s largest oil storage facility has killed at least one firefighter, injured ma...

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Brittany Ferries’ Salamanca Passenger Ferry Uses Wärtsilä’s SPECS Camera System For More Efficient And Safer Operations

Categories: News Flash

Date: Aug 10, 2022

Wärtsilä Voyage, part of the technology group Wärtsilä, today announces that its Smart Panorami...

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Advanced Polymer Coatings Strikes Series Of New Tanker Deals

Categories: News Flash

Date: Aug 10, 2022

USA-based manufacturer Advanced Polymer Coatings (APC) is announcing a series of new chemical tanke...

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Iron Ore Futures Retreat As China Demand Woes Back In Focus

Categories: News Flash

Date: Aug 10, 2022

Dalian and Singapore iron ore futures fell on Tuesday as traders weighed fresh COVID-19 flare-ups i...

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NSSLGlobal Partners With SOIC To Supply Satellite Communications To The World’s Largest Wooden Sailing Ship, The Göthenborg of Sweden

Categories: News Flash

Date: Aug 10, 2022

NSSLGlobal, a leading satcoms company in the cleantech portfolio of Arendals Fossekompani the Norwe...

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Capital Ship Management Corp. Takes Delivery of M/T ‘Amore Mio’

Categories: News Flash

Date: Aug 10, 2022

Capital Ship Management Corp. took successful delivery recently of the newbuilding vessel M/T ‘Am...