News Flash
Corn Bulk Ship Leaves Chornomorsk Port For South Korea; Concerns Over Quality
Categories: News Flash
Date: Aug 10, 2022
MV Ocean Lion has sailed from Ukraine’s port of Chornomorsk early Aug. 9 destined for South Korea...
Cyprus Shipping Deputy Ministry Engages Consortium To Accelerate Digitalization
Categories: News Flash
Date: Aug 10, 2022
Cyprus Shipping Deputy Ministry (SDM) has signed a new contract with the CSC consortium which combi...
Two More Grain Ships Sail From Ukraine, Turkey Says
Categories: News Flash
Date: Aug 10, 2022
Two more grain-carrying ships sailed from Ukraine’s Chornomorsk port on Tuesday, Turkey’s defen...
Kuwait Close To Exhausting Production Capacity – OPEC Faces Pressure
Categories: News Flash
Date: Aug 09, 2022
Kuwait is close to exhausting its production capacity, capping its ability to bring on more crude o...
Asian Refiners Assess Crude Oil Buying Strategies After OPEC+ Decision
Categories: News Flash
Date: Aug 09, 2022
This week, Asian refiners will assess their spot and term crude procurement strategies after OPEC+ ...
Performance Team – A Maersk Company Announces New Cold Chain Facility In Charleston, South Carolina
Categories: News Flash
Date: Aug 09, 2022
Performance Team – A Maersk Company continues to integrate end-to-end cold chains with the announ...
Japanese Shipping Technology Leaders In Collaboration To Develop Digital Engineering Platforms For Sustainable Maritime Logistics
Categories: News Flash
Date: Aug 09, 2022
A group of Japanese technology leaders (1) have come together to establish a cooperation program ca...
Iron Ore Rises As Improved China Steel Margins Lift Mood
Categories: News Flash
Date: Aug 09, 2022
Dalian and Singapore iron ore futures rose on Monday, extending their gains as improved steelmakers...
India: Parliamentary Panel Suggests Phasing Out Of Coal Imports
Categories: News Flash
Date: Aug 09, 2022
The parliamentary standing committee on energy has said that the union ministries of power and coal...
China’s July Soybean Imports Slide Amid Poor Crush Margins, Weaker Demand
Categories: News Flash
Date: Aug 09, 2022
China’s soybean imports in July fell 9.1% from a year earlier, customs data showed on Sunday, as ...
Rhine Level In Germany Falls Again, Ships Only Part-Loaded
Categories: News Flash
Date: Aug 09, 2022
Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo v...
Two More Grain Ships Sail From Ukraine As Third Port Opens
Categories: News Flash
Date: Aug 09, 2022
Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turk...
Persistent Container Ship Congestion In North Sea Affects EU-Asia Trade
Categories: News Flash
Date: Aug 09, 2022
The congestion of container ships off German ports at the North Sea worsened, affecting the Europea...
Reconciliation Bill Gives Massive Boost To U.S. Offshore Wind
Categories: News Flash
Date: Aug 08, 2022
On Sunday, Senate Democrats passed a large-scale budget reconciliation package on a party-line vote...
Australian Police Seize $195 Million In Cocaine Aboard Maersk Boxship
Categories: News Flash
Date: Aug 08, 2022
Australian authorities have seized 700 kilos of cocaine from a container aboard a Maersk boxship in...
Shipping Firm Maersk, A Barometer For Global Trade, Warns Of Weak Demand And Warehouses Filling Up
Categories: News Flash
Date: Aug 08, 2022
AP Moller-Maersk this week predicted a slowdown in global shipping container demand this year amid ...
UK’s Busiest Container Port Set For 8-Day Strike
Categories: News Flash
Date: Aug 08, 2022
Workers at the UK’s largest container port will hold an eight-day strike at the end of August, un...
Less U.S. Gas To Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
Categories: News Flash
Date: Aug 08, 2022
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG)...
Ukraine Wants Shipping Safe Passage Deal To Extend Beyond Grain
Categories: News Flash
Date: Aug 08, 2022
Three grain ships left Ukrainian ports on Friday under a safe passage deal while the first inbound ...
Korea’s Big Three Shipbuilders In Red Despite Growing Order Backlog
Categories: News Flash
Date: Aug 08, 2022
South Korea’s three major shipbuilders remain in the red despite hefty new ship orders so far thi...
Four More Grain Ships Leave Ukraine As Hopes Grow For Export Stability
Categories: News Flash
Date: Aug 08, 2022
Four more ships carrying grain and sunflower oil have left Ukraine ports via a safe maritime corrid...
Coal Far From Dead: Global Trade Thrives, War Reroutes Shipping
Categories: News Flash
Date: Aug 08, 2022
The market has spoken: Coal is dying” declared a September 2019 headline in CNN Business, after C...
Shipping Faces Investment Obstacles In Low-Carbon Marine Fuels
Categories: News Flash
Date: Aug 08, 2022
Shipping has been slower than other other transportation sectors in identifying a decarbonization a...
Maersk Acquires Danish Company To Add Global Project Logistics
Categories: News Flash
Date: Aug 06, 2022
Maersk is continuing to use its strong financial results and cash generated from operations to purs...
Keppel O&M Tries Out VR Goggles In The Shipyard
Categories: News Flash
Date: Aug 06, 2022
Keppel Offshore and Marine (Keppel O&M) is pushing the quest for digitalization to new heights ...
IMF Tells Europe To Let Consumers Bear The Brunt Of Higher Bills To Encourage Energy Saving
Categories: News Flash
Date: Aug 06, 2022
The International Monetary Fund warned European governments against intervening in the region’s w...
Iran Says Ready To Return Oil Output To Pre-Sanctions Level
Categories: News Flash
Date: Aug 06, 2022
Iran said that it is ready to return its crude oil production to pre-sanctions levels at the earlie...
Asia Grains-Russian Suppliers Offer Wheat In Asia, But Buyers Reluctant
Categories: News Flash
Date: Aug 06, 2022
Suppliers offered Russian wheat at lower prices this week in Asia, but most millers were unwilling ...
Port Of New York And New Jersey Adds Fees For Ocean Carriers As Shipping Containers Pile Up
Categories: News Flash
Date: Aug 06, 2022
The Port of New York and New Jersey announced new tariffs this week related to empty containers and...
A. P. Moller – Maersk To Acquire Danish Company Martin Bencher Group To Strengthen Handling Of Project Logistics
Categories: News Flash
Date: Aug 06, 2022
Today, A.P. Moller – Maersk (Maersk) has reached an agreement to acquire Martin Bencher Group, a ...
K Line: Proposal To Acquisition Of Shares In Atlas Corp. By A Consortium Including An Equity Method Affiliate
Categories: News Flash
Date: Aug 06, 2022
Kawasaki Kisen Kaisha, Ltd. (““K”Line”) informs that a consortium composed of David L. Soko...
Japan’s NYK-Owned Tanker To Load Sakhalin 2 LNG As New Operator Takes Over
Categories: News Flash
Date: Aug 06, 2022
A number of LNG tankers are arriving at Yuzhno-Sakhalinsk in Russia’s Far East at a time when a n...