News Flash
Hai Long Offshore Wind Signed Transport and Installation Contract for Cables with Seaway7
Categories: News Flash
Date: Feb 22, 2023
Hai Long Offshore Wind Project is pleased to announce that it has signed the contract for the trans...
Dutch intelligence warns of Russian sabotage against its key maritime, energy facilities
Categories: News Flash
Date: Feb 22, 2023
Russia is looking to target vital Dutch maritime and energy infrastructure in the North Sea, the co...
Isle of Man Ship Registry strikes new deal with Singapore ship owner
Categories: News Flash
Date: Feb 22, 2023
The Isle of Man Ship Registry (IOMSR) is growing its fleet and extending its relationship with Sing...
Squire Patton Boggs partner with The Baltic Exchange and launch Vessel Sale & Purchase Transaction Closing
Categories: News Flash
Date: Feb 22, 2023
Squire Patton Boggs (SPB) has partnered with The Baltic Exchange to provide a vessel sale & pur...
Parties Obtain World’s First AiP for Ammonia Floating Storage and Regasification Barge
Categories: News Flash
Date: Feb 22, 2023
NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI) (hereinafter “the parties”)...
ZeroNorth acquires bunker supplier software provider BTS, propelling digitalisation and decarbonisation of the marine fuel industry
Categories: News Flash
Date: Feb 22, 2023
Technology company ZeroNorth has today announced that it has acquired BTS PTE Ltd., a software plat...
GCMD-led consortium successfully completes trialling two supply chains of sustainable biofuels
Categories: News Flash
Date: Feb 22, 2023
The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed trialling two supp...
P&O Ferries To Strengthen Key Trade Link Between Belgium And The UK With New Sailings
Categories: News Flash
Date: Feb 22, 2023
P&O FERRIES is joining forces with Finnlines to boost the flow of trade between Belgium and the...
Cyprus and UK sign MoU to increase cooperation in shipping
Categories: News Flash
Date: Feb 22, 2023
The Cyprus Shipping Deputy Ministry (SDM) and the Department for Transport of the United Kingdom of...
The 2021 surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation
Categories: News Flash
Date: Feb 22, 2023
It bears remembering that, as recently as the second half of 2021, the Federal Reserve considered t...
Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Asterix I’
Categories: News Flash
Date: Feb 22, 2023
Capital Product Partners L.P., an international owner of ocean going vessels, today announced the s...
Navios Maritime Partners L.P. Reports 2022 Net Income of $579.2 Million
Categories: News Flash
Date: Feb 22, 2023
Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels,...
Global Sustainability Standards Chief Expects Strong Take Up Of Climate Rules
Categories: News Flash
Date: Feb 21, 2023
The head of a global standard setter for corporate sustainability disclosures said he expected more...
Vopak Agencies now a Wilhelmsen company
Categories: News Flash
Date: Feb 21, 2023
Wilhelmsen Port Services has completed its acquisition of Vopak Agencies which was first announced ...
Sri Lanka to spend 132 mln USD on port development projects
Categories: News Flash
Date: Feb 21, 2023
Sri Lankan Minister of Ports, Shipping and Aviation Nimal Siripala de Silva has said the government...
Seacoast Shipping gains on signing contract with Dubai firm
Categories: News Flash
Date: Feb 21, 2023
Seacoast Shipping Services surged 4.40% to Rs 3.56 after the company signed contract with Dubai’s...
Joint investment in methanol conversion kits for diesel engines paves the way for fossil-free shipping
Categories: News Flash
Date: Feb 21, 2023
Marine design and engine developer ScandiNAOS AB, Chalmers University of Technology and the Swedish...
Spot 180-cst HSFO flips into premium
Categories: News Flash
Date: Feb 21, 2023
The spot cash differential for 180-cst high sulphur fuel oil (HSFO) flipped into a premium on Monda...
DNV: IMO Sub-Committee On Human Element, Training And Watchkeeping (HTW 9)
Categories: News Flash
Date: Feb 21, 2023
The 9th session of the IMO’s Sub-Committee on Human Element, Training and Watchkeeping (HTW 9) wa...
Renewable methanol drives maritime industry decarbonization: institute CEO
Categories: News Flash
Date: Feb 21, 2023
Renewable methanol is seen as a viable fuel option in accelerating the decarbonization of maritime ...
Baltic index logs best day in 2 months
Categories: News Flash
Date: Feb 21, 2023
The Baltic Exchange’s main sea freight index, logged its best day in nearly two months on Monday ...
Adani Ports halts non-group loans, to cut debt instead
Categories: News Flash
Date: Feb 20, 2023
Adani Ports and Special Economic Zone Ltd will discontinue lending money to non-group companies aft...
Empty containers pile up at global ports as trade slows
Categories: News Flash
Date: Feb 20, 2023
Empty containers are piling up at major ports around the world as slowing economies weigh on shippi...
COSCO Shipping expects to report net loss with ‘significant deterioration’ in profit for FY2022
Categories: News Flash
Date: Feb 20, 2023
COSCO Shipping International F83 0.55% is expecting to report a net loss in the FY2022 ended Decemb...
Kpler deepens maritime focus with ship tracking company acquisitions
Categories: News Flash
Date: Feb 20, 2023
Brussels-headquartered data and analytics group Kpler has bolstered its presence in the maritime sp...
Cyprus Rallies EU Partners to Get Shipping Sector Support
Categories: News Flash
Date: Feb 20, 2023
Cyprus is speaking to other European Union member states to shore up support for the shipping indus...
Product tanker market ‘evolving’ after start of price cap for Russian diesel: Ardmore
Categories: News Flash
Date: Feb 20, 2023
Russian diesel is still in play along various trade routes despite G7 and EU price caps that starte...
Tankers: LR2s Lead the Market Higher, VLCCs on the Rise as Well
Categories: News Flash
Date: Feb 20, 2023
Clean In the Middle East Gulf, LR2s have been leading the charge this week with consistently fir...
Dry Bulk Market: Capesizes Still In Dire Straits
Categories: News Flash
Date: Feb 20, 2023
Capesize There was an overriding negative sentiment in the sector this week as the Cape 5TC aver...
Asia Container Trade: China container trade market struggles with slow market pickup
Categories: News Flash
Date: Feb 20, 2023
The current situation in the global shipping industry is complex, as container rates are experienc...
Tankers: China’s Oil Demand Could Benefit VLCC Trades
Categories: News Flash
Date: Feb 20, 2023
The VLCC tanker market could see an upward trend, thanks to increased demand from China. In its lat...
First-ever 200m long ship to dock at Patenga Container Terminal on 26 Feb
Categories: News Flash
Date: Feb 18, 2023
Meghna Group will inaugurate four of its ships at the Patenga Terminal on that day and a bulk carri...