News Flash

Reygar And Cedar Marine Collaborate To Deliver Carbon Reduction For Fleet Operators

Categories: News Flash

Date: Aug 02, 2022

Maritime remote monitoring business, Reygar, and carbon reduction and sustainability specialist, Ce...

Ukraine Sends Out First Ship Since Invasion From Odessa Port Under Deal: Minister

Categories: News Flash

Date: Aug 02, 2022

Ukraine has sent out a ship from the Odessa port Aug. 1 — the first in five months since the Rus...

Seafarer Satisfaction On The Rise, Shows Latest Seafarers Happiness Index

Categories: News Flash

Date: Aug 02, 2022

The latest Seafarers Happiness Index report, published today by The Mission to Seafarers, reveals t...

Inventories, Uneven Demand, High Prices May Cap China’s H2 Crude Oil Imports

Categories: News Flash

Date: Aug 02, 2022

China’s crude oil imports in H2 will feel the pressure from bulging domestic inventories, an unc...

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Ocean Spot Rates Whipsaw On Key Trade Routes As Consumer Demand Slows Into Peak Shipping Season

Categories: News Flash

Date: Aug 02, 2022

A decline that shippers were seeing in ocean spot rates and in premium surcharges across many trad...

Wah Kwong, QIYAO And Bureau Veritas Launch Feasibility Study On Carbon Capture And Storage On Ships

Categories: News Flash

Date: Aug 02, 2022

Bureau Veritas (BV), a world leader in testing, inspection and certification, Wah Kwong, one of Hon...

A Full Stop To Russian Gas Could Plunge Europe Into A Full-Blown Recession

Categories: News Flash

Date: Aug 01, 2022

Europe has already cut down on gasOverall gas demand in Europe has come down substantially this y...

China Lifts Exports As West Runs Short Of Lead And Zinc

Categories: News Flash

Date: Aug 01, 2022

China’s historical lead and zinc trading patterns were upended in the first half of this year as...

PetroChina Explores South Asia Market, Supplies First Gasoil Cargo To Pakistan

Categories: News Flash

Date: Aug 01, 2022

PetroChina International delivered its first gasoil cargo to Pakistan recently, signaling the comp...

Nippon Paint Marine Introduces New Pspc-Compliant Universal Primer For Newbuilds

Categories: News Flash

Date: Aug 01, 2022

Global coatings pioneer Nippon Paint Marine has added a new anti-corrosive universal primer to its...

China In Risky Bet To Test Its Power In Iron Ore Markets

Categories: News Flash

Date: Aug 01, 2022

Iron ore prices are swinging between optimism and pessimism over the economic outlook in top impo...

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India Seen Overtaking China As Biggest Importer Of Seaborne Russian Crude

Categories: News Flash

Date: Aug 01, 2022

India, fuelled by its appetite for discounted Ural grades, is understood to have overtaken China a...

KDB May Break Up DSME In Next Attempt To Privatize The Shipbuilder

Categories: News Flash

Date: Aug 01, 2022

State lender Korea Development Bank (KDB) has outsourced a scheme to privatize deficit-ridden Daew...

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Peak Shipping Season Ahead Of The Holidays Is About To Begin For A Volatile Supply Chain

Categories: News Flash

Date: Aug 01, 2022

A decline that shippers were seeing in ocean spot rates and in premium surcharges across many trad...

BRI Projects At Port Of Gwadar Sea And Piraeus Create New Momentum For Regional Development And Connectivity Under A Shared Future

Categories: News Flash

Date: Aug 01, 2022

In 2013, Chinese President Xi Jinping put forward the “Belt and Road Initiative” (BRI), aim...

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Seafarer Shortage Stands In Way Of Ukraine Grain Corridor

Categories: News Flash

Date: Aug 01, 2022

Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a majo...

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Record Container Ship Traffic Jam As Backlog Continues To Build

Categories: News Flash

Date: Aug 01, 2022

If you only look at Los Angeles and Long Beach — the largest container import gateway in America ...

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Europe’s new trade flows for coal shaping up as import ban on Russia looms

Categories: News Flash

Date: Aug 01, 2022

With the flow of Russian coal to Europe coming to a final end, buyers jostling for alternatives are...

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Coast Guard Investigating Laser Strikes During Buffalo Rescue Missions

Categories: News Flash

Date: Jul 30, 2022

Two recent incidents of lasers being pointed at U.S. Coast Guard boats while in operation on the Gr...

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Brazil Clear To Export Soymeal To China, Government Confirms

Categories: News Flash

Date: Jul 30, 2022

The Brazilian government confirmed that China has opened its market to soybean meal produced in the...

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Iron Ore Retreats As China’s Zero-COVID Policy Clouds Demand

Categories: News Flash

Date: Jul 30, 2022

Iron ore futures retreated on Friday as China indicated controlling COVID-19 outbreaks was still a ...

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Salalah Set To Become One Of The Leading Bunkering Hubs In The Region

Categories: News Flash

Date: Jul 30, 2022

Port of Salalah and FECO of Salalah – Oman, signed an agreement recently to pave the way for Sala...

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GC CORPORATION And Kawasaki Kisen Kaisha, Ltd. Joins CCS Study In Malaysia ~ Aiming For Joint Contribution To CO2 Reduction In Malaysia And Asia

Categories: News Flash

Date: Jul 30, 2022

Japan Petroleum Exploration Co., Ltd. (JAPEX) has signed an MOU with JGC CORPORATION (JGC), and Kaw...

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Ukraine Ready To Ship Grain, Awaits Signal For First Shipment

Categories: News Flash

Date: Jul 30, 2022

Ukraine is ready to start shipping grain from two Black Sea ports under a U.N.-brokered agreement b...

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Rhine Level In Germany Falls Again, Vessels Only Part-Loaded

Categories: News Flash

Date: Jul 30, 2022

Water levels on the Rhine in Germany have fallen again with vessels often sailing only half full an...

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Pacific Basin Says Handysize And Supramax TCE Earnings Increased 83% and 85% Respectively During 2022 Interim Results

Categories: News Flash

Date: Jul 30, 2022

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today ann...

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Container Shipping Boom Continues: Hapag-Lloyd Hikes Outlook (Again)

Categories: News Flash

Date: Jul 30, 2022

As great as 2021 was for container shipping lines, this year is turning out better. Germany’s Hap...

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Vessels Of Ukrainian Danube Shipping Company Carrying Smaller Cargoes Due To Low Water Levels

Categories: News Flash

Date: Jul 30, 2022

The middle and lower parts of the Danube River have been closed to navigation since July 25 due to ...

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GTT Reaches An Important Milestone In The Field Of Liquid Hydrogen Transport With Two Approvals In Principle From The Classification Society DNV

Categories: News Flash

Date: Jul 29, 2022

GTT has been granted two Approvals in Principle (AIP[1]) from the leading classification society DN...

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Spar Shipping AS, Fleet Management Limited And GoodFuels Successfully Complete Biofuel-Powered Trial Voyage

Categories: News Flash

Date: Jul 29, 2022

Long-term dry bulk tonnage provider Spar Shipping AS, ship management leader Fleet Management Limit...

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UAE’s Fujairah Port Stops Bunkering After Floods: Traders

Categories: News Flash

Date: Jul 29, 2022

Fueling for ships at the UAE’s Port of Fujairah, the world’s third largest bunkering hub, was s...

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V.Group Welcomes Three New LNG Dual Fuel VLCCs

Categories: News Flash

Date: Jul 29, 2022

Global Ship Management Company V.Group has won the contract to manage three lng dual fuel vlccs for...