News Flash
Lomar Shipping announces Corporate Acquisition of Carl Büttner Holding GmbH & Co. KG and expands Diverse Global Fleet
Categories: News Flash
Date: Oct 04, 2022
Lomar Shipping, a maritime subsidiary of Libra Group, has acquired the Bremen, Germany-based Carl B...
Maersk Tankers will not raise pool fees to cover decarbonization, says CCO
Categories: News Flash
Date: Oct 04, 2022
Maersk Tankers, one of the world’s largest shipping pool operators by number of ships, will not r...
Tanker Market Could be Entering a Bullish Period
Categories: News Flash
Date: Oct 04, 2022
The tanker market is being heralded as one the main “beneficiaries” of the war in Ukraine and t...
Chennai Port-Maduravoyal corridor to be completed by Dec 2024
Categories: News Flash
Date: Oct 04, 2022
Work on the 20.5 km double-decker elevated highway between Chennai Port and Maduravoyal, being buil...
Salalah Port to soon welcome large container ships
Categories: News Flash
Date: Oct 03, 2022
Salalah Port is planning to attract very large container ships and raise its handling capabilities,...
Transit of goods via Iranian ports increasing noticeably
Categories: News Flash
Date: Oct 03, 2022
In a press conference on Saturday, Ali-Akbar Safaei, the head of Iran’s Ports and Maritime Organi...
Sailor acquitted of setting fire that destroyed massive ship
Categories: News Flash
Date: Oct 03, 2022
A military judge on Friday acquitted a sailor of arson in a fire that destroyed the USS Bonhomme Ri...
Vijayendra Parvataneni takes charge as MANSA’s president
Categories: News Flash
Date: Oct 03, 2022
Vijayendra Parvataneni has taken over the reins at Maritime Association of Nationwide Shipping Agen...
Great Eastern Shipping Company delivers 2006 built Aframax Crude Carrier ‘Jag Lyall’
Categories: News Flash
Date: Oct 03, 2022
The vessel was contracted for sale in July 2022. Excluding this vessel, the Company’s current ...
Shipping prices drop as parts of Rhine return to normal depths
Categories: News Flash
Date: Oct 03, 2022
Water levels on the Rhine in Germany have risen sharply after rain this week, returning to normal l...
BP-chartered diesel tanker docks in Puerto Rican after U.S. waiver
Categories: News Flash
Date: Oct 03, 2022
A ship carrying a cargo of diesel fuel initially barred from hurricane-hit Puerto Rico anchored at ...
Red flag: Shipping lines suddenly a lot less interested in renting ships
Categories: News Flash
Date: Oct 03, 2022
The cost to transport containerized goods peaked at unprecedented levels in late 2021. That cost ha...
Tanker Market could find Respite from Restricted Tonnage Supply Moving Forward
Categories: News Flash
Date: Oct 03, 2022
The tanker market is headed for a multi-year period of lower tonnage supply, which could help offse...
Performance Shipping Inc. Announces Agreement to Acquire Eighth Aframax Vessel
Categories: News Flash
Date: Oct 03, 2022
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessel...
UK legal obligations on international shipping
Categories: News Flash
Date: Oct 01, 2022
Emissions from the UK’s international shipping activities make up more than half of the UK’s to...
The first African Maritime Schools Wellness Conference is a huge success
Categories: News Flash
Date: Oct 01, 2022
Aspiring seafarers from across eight African countries have hailed the first Sailors’ Society’s...
EverWind and Svitzer Announce Joint Development of Green Fueled Vessels
Categories: News Flash
Date: Oct 01, 2022
EverWind Fuels Company (“EverWind”), a private developer of green hydrogen and ammonia producti...
These electric hydrofoil ferries could unlock the potential of Seattle’s waterways
Categories: News Flash
Date: Oct 01, 2022
The Candela P-12 Shuttle —the world’s fastest all-electric passenger ship—will hit the water ...
Navigator Holdings Ltd. announces Accretive Vessel acquisitions through New joint Venture with Greater Bay Gas Company
Categories: News Flash
Date: Oct 01, 2022
Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefi...
Maersk to slow pace of Ships to save fuel as demand loses Steam
Categories: News Flash
Date: Oct 01, 2022
Maersk will begin to slow the pace of its container ships to lower fuel costs after sailing at full...
Russian oil exports are still blooming and EU is still reliant on Russia
Categories: News Flash
Date: Oct 01, 2022
Tanker shipping has already seen a big trade shift in the wake of Russia’s invasion of Ukraine. B...
Drewry: World Container Index Retreated 10% this Week
Categories: News Flash
Date: Oct 01, 2022
Drewry’s composite World Container Index decreased by 10% to $4,014.10 per 40ft container this we...
IMO update: Sub-committee on carriage of Cargoes and Containers – CCC 8
Categories: News Flash
Date: Oct 01, 2022
The 8th session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC 8) was held fro...
Russian Clean Product Exports Down 5.1% During 2022
Categories: News Flash
Date: Oct 01, 2022
The product tanker market has enjoyed some positive momentum so far this year, despite the fact tha...
Port of Bhavnagar will play a big role in building self-reliant India, says PM Modi
Categories: News Flash
Date: Sep 30, 2022
Prime Minister Narendra Modi said the port of Bhavnagar will play a big role in building a self-rel...
Tensions rise in West Coast port labor battles, with unions and management trading accusations
Categories: News Flash
Date: Sep 30, 2022
Tensions are rising in West Coast port labor battles as unions and port management trade accusation...
Nordic American Tankers Ltd Announces Sale of Suezmax tanker (2003 built)
Categories: News Flash
Date: Sep 30, 2022
Today we have entered into a sales agreement for a 2003-built suezmax tanker. The price is $21 mill...
International Maritime Industries Signs Agreement with Bahri Logistics to Expand its Storage and Logistics Services
Categories: News Flash
Date: Sep 30, 2022
International Maritime Industries (IMI), the largest shipyard in the MENA region, has signed a long...
International Windship Association and Royal Institution of Naval Architects to host Wind Propulsion Conference at IMO Headquarters
Categories: News Flash
Date: Sep 30, 2022
The International Windship Association (IWSA) is asking all industry players with an interest in wi...
New ICMA Chair is CEO of Sailors’ Society
Categories: News Flash
Date: Sep 30, 2022
Sailors’ Society CEO Sara Baade will become the new Chair of the International Christian Maritime...
MABUX: Downward Trend to Continue in Bunker Prices
Categories: News Flash
Date: Sep 30, 2022
Over the Week 38, MABUX global bunker indices continued moderate sliding downward. The 380 HSFO ind...
World Maritime Day Message Must Extend Beyond the Boundaries of Shipping, says INTERCARGO
Categories: News Flash
Date: Sep 30, 2022
Never has the theme of this year’s World Maritime Day – ‘New technologies for greener shippin...