News Flash
Container Ship Backlog Grows Again At The Port Of Savannah
Categories: News Flash
Date: Jul 29, 2022
A backup of container ships off one of the U.S. East Coast’s busiest ports has swelled to 40 vess...
Diana Shipping Inc. Reports Second Quarter Net Income of $35.6 Million
Categories: News Flash
Date: Jul 29, 2022
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-i...
Smart Green Shipping Announces £5m Investment Into FastRig Wing Sail Technology
Categories: News Flash
Date: Jul 29, 2022
Smart Green Shipping (SGS) has today launched a £5m research and development project for its fully...
Taylor Maritime Investments Limited Rides Wave of Favourable Market Fundamentals
Categories: News Flash
Date: Jul 29, 2022
Taylor Maritime Investments Limited, the specialist dry bulk shipping company, announced that as at...
MABUX: Bunker Prices Expected To Keep Falling Next Week
Categories: News Flash
Date: Jul 29, 2022
Over the Week 30 MABUX global bunker indices continued firm downward trend. The 380 HSFO index went...
LNG Spot Market Boosts GasLog Partners Financial Results For The Second Quarter
Categories: News Flash
Date: Jul 29, 2022
Rechartered the Methane Rita Andrea, a steam turbine propulsion (“Steam”) LNG carrier, with an ...
Surging Global Oil And Gas Demand To Boost Subsea Production, Predicts GlobalData
Categories: News Flash
Date: Jul 29, 2022
Subsea technology has been witnessing a substantial growth lately. Rising global oil and gas demand...
Eurozone Economy Will Tip Into Recession This Year, Goldman Forecasts, As JPMorgan Also Makes Recession Call
Categories: News Flash
Date: Jul 28, 2022
Goldman Sachs is now forecasting a eurozone recession this year, not just on concerns about Russia ...
Dalian Iron Ore Extends Rally As China Industrial Profits Rebound
Categories: News Flash
Date: Jul 28, 2022
Dalian iron ore futures rose on Wednesday after data showed profits at industrial firms in China, t...
Konecranes Plc: Strong Order Intake Continued In A Challenging Environment
Categories: News Flash
Date: Jul 28, 2022
Since the beginning of June, Service and Industrial Equipment have been focused under the same lead...
Traffic Surge At ports A Sign Of India’s Economic Revival
Categories: News Flash
Date: Jul 28, 2022
Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per c...
The Financing And Bankability Of Offshore Wind Vessels
Categories: News Flash
Date: Jul 28, 2022
INTRODUCTION“Many of the basic principles that apply to all maritime asset classes will apply to ...
International Maritime Industries And Hyundai Heavy Industries Expand Shipbuilding Partnership
Categories: News Flash
Date: Jul 28, 2022
International Maritime Industries (IMI), the largest shipyard in the MENA region, has expanded its ...
NYK and Shin-Nippon Kaiyosha Start Japan’s First 100% Biofuel Supply Trial For Ships
Categories: News Flash
Date: Jul 28, 2022
Nippon Yusen Kabushiki Kaisha (hereinafter, NYK) and NYK Group company Shin-Nippon Kaiyosha Corpora...
Quadrise Fuels Signs Framework Agreement With MSC Shipmanagement Limited To Trial Alternative Bunker Fuels
Categories: News Flash
Date: Jul 28, 2022
Quadrise (AIM:QFI), the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, providing ...
Iranian tanker to retrieve oil cargo confiscated by US this week
Categories: News Flash
Date: Jul 28, 2022
An Iranian-flagged tanker anchored off Piraeus port is expected this week to retrieve part of its c...
M/T SUVRETTA Becomes The First Vessel To Include Hull Coating Impact In EEXI Technical File Approved By DNV
Categories: News Flash
Date: Jul 28, 2022
NEDA Maritime Agency has entrusted DNV assessing the effect of low friction paint on the reference ...
S&P Global Commodity Insights To Launch First Carbon-Accounted Tanker Assessments As Shipping Faces EU Trading System Carbon Coverage
Categories: News Flash
Date: Jul 27, 2022
S&P Global Commodity Insights announced it will launch daily Platts price assessments for freig...
China’s Mooted End To Australian Coal Ban Will Have Zero Market Impact
Categories: News Flash
Date: Jul 27, 2022
Talk that China may end its unofficial ban on imports of Australian coal is unlikely to result in a...
BSM’s Fleet Performance Centre Supports Owners To Meet Upcoming EEXI And CII Compliance
Categories: News Flash
Date: Jul 27, 2022
With new IMO regulations on Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indic...
India’s June Crude Oil Imports Up On Demand Recovery, Russian Discounts
Categories: News Flash
Date: Jul 27, 2022
India’s crude oil imports in June rose nearly 21% from the same month last year, helped by a stea...
Seahawk Investments: Dislocations Due To Russia Sanctions To Support Tanker Segments
Categories: News Flash
Date: Jul 27, 2022
Transportation and energy – two markets that have seen strong movements in recent months. Corona ...
DSME Back To Work To Meet Ship Delivery After 51-Day Strike Ends
Categories: News Flash
Date: Jul 27, 2022
South Korea’s debt-ridden Daewoo Shipbuilding & Marine Engineering Co. (DSME) is skipping the...
Civil Damage, Criminal Charge Issues Linger After DSME Strike
Categories: News Flash
Date: Jul 27, 2022
Civil damage claims of up to 800 billion won ($610 million) will continue to haunt the unionized su...
Terminals At California’s Third-Busiest Port Resume Regular Hours On Monday
Categories: News Flash
Date: Jul 27, 2022
Marine terminals at California’s Port of Oakland opened for normal operations on Monday after por...
Traders Turn To French Wheat For Pakistan As Black Sea Supplies Tighten
Categories: News Flash
Date: Jul 27, 2022
Traders bought up to seven shipments of French wheat aimed for Pakistan as part of a 300,000 tonne ...
Iron Ore Scales Two-Week High On China Demand Hopes
Categories: News Flash
Date: Jul 27, 2022
Iron ore prices touched two-week highs on Tuesday, extending a rally on hopes that improving margin...
Egypt Proceeding With Plans For LNG Bunkering Operation At Suez Canal
Categories: News Flash
Date: Jul 26, 2022
Egypt’s state-owned energy company EGAS (Egyptian Natural Gas Holding Company) reports that plans...
Capesize Weakness Drags Down Baltic Sea Freight Index
Categories: News Flash
Date: Jul 26, 2022
The Baltic Exchange’s main sea freight index slipped on Monday over declining rates in the capesi...
Rhine Water In Germany Falls Again, Ships Only Part-Loaded
Categories: News Flash
Date: Jul 26, 2022
Water levels on the Rhine in Germany have again fallen in hot summer weather and vessels are still ...
DSME Wins A 649.5-Billion-Won Order For Two LNG Carriers
Categories: News Flash
Date: Jul 26, 2022
Daewoo Shipbuilding & Marine Engineering (DSME) announced Monday that it received a 649.5-billi...
IAPH Statement On The Current Situation Facing Ukrainian Ports
Categories: News Flash
Date: Jul 26, 2022
IAPH welcomes the international agreement reached last Friday to establish a humanitarian maritime ...