News Flash

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Kaiko Systems Raises €2M Seed Round To Digitize Frontline Work In Ocean Shipping

Categories: News Flash

Date: Sep 22, 2022

Kaiko Systems, a Berlin-based software startup digitizing maritime shipping, has successfully compl...

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60% Of Freight Forwarders And NVOCCs Struggle To Monitor Movement Of Shipping Containers

Categories: News Flash

Date: Sep 22, 2022

Container xChange unveils a first-of-its-kind container management solution for freight forwarders ...

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Baltic Dry Bulk Index Edges Up As Capesize, Supramax Gains

Categories: News Flash

Date: Sep 22, 2022

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk ...

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Saudi Ports Meet Economic Development Demands With Increased Throughput Volumes

Categories: News Flash

Date: Sep 22, 2022

Saudi ports have played a significant part in boosting the competitiveness of the Kingdom’s econo...

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US Ports Face Empty Container “Pile-Up” As Supply Chains Recover

Categories: News Flash

Date: Sep 22, 2022

Analysts are warning that ports in North America could become overwhelmed by a build-up of empty co...

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IUMI Reports Rising Cargo Insurance Premiums

Categories: News Flash

Date: Sep 22, 2022

The International Union of Marine Insurance (IUMI) reports an increase in the 2021 cargo insurance ...

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EU Sanctions – Clarification Published On The Carriage Of Certain Russian Cargoes Including Coal And Fertilisers

Categories: News Flash

Date: Sep 22, 2022

On 19 September 2022 the EU further amended its FAQS clarifying the application of provisions relat...

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Langh Tech BWMS Becomes The First UV-Based System In The World To Receive US Coast Guard Type Approval For One-Way Treatment

Categories: News Flash

Date: Sep 22, 2022

Just four months after successfully completing IMO type approval, the Finnish marine technology man...

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GTT Receives An Order From Hudong-Zhonghua Shipbuilding For The Tank Design Of Two New LNG Carriers

Categories: News Flash

Date: Sep 22, 2022

GTT announces that it has received an order from its partner the Chinese shipyard Hudong-Zhonghua S...

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Asyad Group Launches Second Ship Made In Duqm Drydock

Categories: News Flash

Date: Sep 21, 2022

Oman’s Asyad Group, a provider of integrated logistics solutions, has announced the inauguration ...

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Marine Insurance Adapting To A World In Transition, Says IUMI President

Categories: News Flash

Date: Sep 21, 2022

Opening this year’s IUMI (International Union of Marine Insurance) annual conference in Chicago, ...

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Yacht Builder Baglietto And Bio-Uv Group Ink Deal For Ten Bio-Sea Ballast Water Treatment Systems

Categories: News Flash

Date: Sep 21, 2022

French UV water treatment specialist BIO-UV Group has signed a major supply deal with luxury yacht ...

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Shipping Industry Slowing Down

Categories: News Flash

Date: Sep 21, 2022

The shipping industry is shrinking fast after its boom in the pandemic period as the ongoing global...

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Nautilus Demands Action From The Government Six Months On From P&O Ferries Scandal

Categories: News Flash

Date: Sep 21, 2022

Saturday 17th September marked six months on from the scandalous decision by P&O Ferries to unl...

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Americas East-Facing VLCC Freight Climbs 39% Amid Altered Trade Flows

Categories: News Flash

Date: Sep 21, 2022

VLCC freight rates for hauling crude from the US Gulf Coast to China have hit a two-year high at lu...

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NGO Report On LNG Pathway Makes Flawed Assumptions Based On Outdated Data

Categories: News Flash

Date: Sep 21, 2022

SEA-LNG responds to International Council on Clean Transportation (ICCT) report: Comparing the Futu...

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Baltic Index Scales 1-1/2-Month Peak On Strong Demand Across Segments

Categories: News Flash

Date: Sep 21, 2022

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk ...

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Indian Rice Shipments Stuck At Ports, Traders Seek Government Help

Categories: News Flash

Date: Sep 21, 2022

At least 20 ships are waiting to load around 600,000 tonnes of rice at Indian ports as New Delhi’...

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Shipping Containers, Made In India — How Modi Govt Aims To Cut Dependence On China ‘Monopoly’

Categories: News Flash

Date: Sep 21, 2022

To cut down its dependence on China, the Modi government is working on a comprehensive plan for man...

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KSOE Wins 525 Billion Won Of Orders For Eight Ships

Categories: News Flash

Date: Sep 20, 2022

Korea Shipbuilding & Offshore Engineering (KSOE) has received a 525 billion won ($378 million) ...

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China’s Shipbuilding Sector Continues To Top World Market

Categories: News Flash

Date: Sep 20, 2022

China remained the world’s leading shipbuilder in the first eight months of the year, industrial ...

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India: Shipping Minister Launches Multiple Development Projects In Assam

Categories: News Flash

Date: Sep 20, 2022

Union minister for ports, shipping and waterways, Sarbananda Sonowal on Monday launched multiple pr...

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Korean Sea Flag Carrier HMM Shares Slide As Shipping Rates Fall To Lowest In Two Years

Categories: News Flash

Date: Sep 20, 2022

Container shipping rates extended losses for 14 consecutive weeks and plunged to the lowest of the ...

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Cyprus Working To Protect Shipping From EU Sanctions On Russia

Categories: News Flash

Date: Sep 20, 2022

The EU needs to ensure that its Russia sanctions do not negatively impact the bloc or individual me...

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Typhoon Nanmadol Makes Landfall In Japan, Flooding Advisory Issued For Tokyo

Categories: News Flash

Date: Sep 20, 2022

Typhoon Nanmadol made landfall on Japan’s southernmost island of Kyushu on Sunday, bringing torre...

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Asia-US Pacific Coast Container Rates Continue To Plummet

Categories: News Flash

Date: Sep 20, 2022

Transpacific rates for shipping containers continue to plummet – dropping below $4,000/FEU (40-fo...

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LNG Tankers Key To Smooth Imports, Energy Security

Categories: News Flash

Date: Sep 20, 2022

Efforts to increase the number of China’s liquefied natural gas carriers will deepen the country...

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Global Supply Chains Poised For Relief As Ship Congestion Eases

Categories: News Flash

Date: Sep 20, 2022

Shipping container traffic that had been severely congested during the pandemic is clearing and shi...

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Asia-Pacific Freight Premia For Bigger LNG Carriers Spurt As Storage Demand Jumps

Categories: News Flash

Date: Sep 20, 2022

Asia Pacific’s spot freight premium for LNG carriers with two stroke engines rose Sept. 16 to its...

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Essar Joins Hands With Indian Coast Guard For The Largest Coastal Cleanup Drive

Categories: News Flash

Date: Sep 19, 2022

Sitting on the crown of Indian Ocean, India is blessed with a 7,500 km long coastline bestowing ple...

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Korean Shipbuilders Actively Participating In Qatar LNG Project

Categories: News Flash

Date: Sep 19, 2022

QatarEnergy has recently selected three shipowners to order eight LNG carriers in its LNG developme...

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Adani Ports Inks Deal To Enhance Haldia Dock’s Capacity In Bengal

Categories: News Flash

Date: Sep 19, 2022

Adani Ports and Special Economic Zone said that its wholly owned subsidiary HDC Bulk Terminal (HBTL...