News Flash

Post Image
Pandemic Drives Sea Freight Prices To Record High

Categories: News Flash

Date: Jul 05, 2021

Container shipping prices have reached record highs about 18 months after the outbreak of the coron...

Post Image
Mr. Vijay Arora Takes Over As Managing Director Of Indian Register Of Shipping

Categories: News Flash

Date: Jul 02, 2021

Indian Register of Shipping (IRClass) announces a top management transition with Mr. Vijay Arora ta...

Post Image
LR Announced The Sale Of 100% Of Its Business Assurance & Inspection Services Division, Including Cyber-Security Business

Categories: News Flash

Date: Jul 02, 2021

Business Assurance & Inspection Services division to be set up as an independent business, bran...

Post Image
DNV Approved Samsung’s Design For Fuel Cell-Powered LNG Carrier

Categories: News Flash

Date: Jul 02, 2021

Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle from Norway-ba...

Post Image
DP World Acquiring Syncreon In $1.2bn Deal

Categories: News Flash

Date: Jul 02, 2021

DP World is acquiring US-based global logistics provider syncreon for $1.2bn. The company provid...

Post Image
Port Of New Orleans Issues RFP For Terminal Programme Management

Categories: News Flash

Date: Jul 02, 2021

The Port of New Orleans (Port NOLA) has issued a Request for Proposals (RFP) for Programme Manageme...

Post Image
Maersk Signs Shipbuilding Contract For World’s First Container Vessel Fueled By Carbon Neutral Methanol

Categories: News Flash

Date: Jul 02, 2021

Maersk and Hyundai Mipo Dockyards have agreed on a contract for Hyundai Mipo to build a feeder vess...

Post Image
Indicators Show Worsening Of Crew Change Crisis Due To Pandemic

Categories: News Flash

Date: Jul 02, 2021

The most recent data from a tracking effort that records the number of crew approaching the end or ...

Post Image
Hapag-Lloyd Makes First Digitally-Controlled Port Arrival

Categories: News Flash

Date: Jul 01, 2021

Kobe Express made the first Just-in-Time (JiT) port call at Tanger Med with arrival time optimised ...

Post Image
Dubai’s DP World Hires Banks For Sale Of Flagship Free Zone Stake-Sources

Categories: News Flash

Date: Jul 01, 2021

Dubai’s DP World has hired banks to help sell a minority stake in its flagship business park, Jeb...

Post Image
Proman Announces Two Additional Methanol-Powered Newbuildings

Categories: News Flash

Date: Jul 01, 2021

Provident and Progressive will be the fifth and sixth methanol dual-fuel vessels for Proman, to be ...

Post Image
Euroseas Ltd. Signs New Building Agreements For The Acquisition Of Two Fuel Efficient 2,800 Teu Feeder Containerships

Categories: News Flash

Date: Jul 01, 2021

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container vessels and provider of seaborne t...

Post Image
AST Launches Iridium Certus 200 Service With Usage Alert Capabilities

Categories: News Flash

Date: Jul 01, 2021

Applied Satellite Technology (AST) Ltd, today announced the official launch of its unique Iridium C...

Post Image
Hybrid Audit And Inspection Will Be 'New Normal'

Categories: News Flash

Date: Jun 30, 2021

The future of maritime audits and inspections will include a hybrid blend of remote digital verific...

Post Image
New Alliance Could Ease Ship Repair Squeeze On Ballast Water Installations

Categories: News Flash

Date: Jun 30, 2021

A strategic alliance between privately owned Norwegian ballast water system manufacturer, Optimarin...

Post Image
Jack-up Rig Selected To Drill Buffalo Well In October

Categories: News Flash

Date: Jun 30, 2021

Carnarvon Petroleum has confirmed that a drilling rig has been selected for the Buffalo-10 well, lo...

Post Image
Nova Innovation, Sabella Join Forces To Progress Tidal Power In UK And France

Categories: News Flash

Date: Jun 30, 2021

Scottish tidal energy developer Nova Innovation and its French counterpart Sabella have signed a me...

Post Image
Baltic Index Rallies For Fifth Day On Stronger Capesize, Panamax Rates

Categories: News Flash

Date: Jun 30, 2021

Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities,...

Post Image
LR To Focus Growth On Maritime Industry With Expanded Role And Service Offering

Categories: News Flash

Date: Jun 30, 2021

Business Assurance & Inspection Services division to be set up as an independent business, bran...

Post Image
AqualisBraemar LOC Wraps Up Sable Campaign For ExxonMobil

Categories: News Flash

Date: Jun 29, 2021

Energy and marine consultant AqualisBraemar LOC has completed its assignment in connection with the...

Post Image
Saipem Rents Ex-Ocean Rig Drillship From Samsung Heavy

Categories: News Flash

Date: Jun 29, 2021

Italian oilfield contractor Saipem has signed a bareboat charter contract with Samsung Heavy Indust...

Post Image
Dubai Futures: August EFS Widens Above $4/b Mark; Spot Activity Remains Tepid

Categories: News Flash

Date: Jun 29, 2021

Front-month Brent/Dubai Exchange of Futures for Swaps widened mid-morning June 28, amid tepid spot ...

Post Image
Baltic Index Hits 11-Year High On Gains Across Segments

Categories: News Flash

Date: Jun 29, 2021

Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities,...

Post Image
Iron Ore Advances As China Port Stocks Hit Over 8-Month Low

Categories: News Flash

Date: Jun 29, 2021

Iron ore futures in Asia rose on Monday, supported by a steady decline in portside stockpiles of th...

Post Image
Extreme Freight Rates Begin To Change Shippers' Calculations

Categories: News Flash

Date: Jun 28, 2021

The containerized shipping industry has been essential to global commerce for its low shipping cost...

Post Image
VLCC Market On Steady Course For Yet Another Week

Categories: News Flash

Date: Jun 28, 2021

VLCC In the Middle East, the market for 280,000mt to US Gulf (routing via the Cape/Cape) continu...

Post Image
DP World And Somaliland Open New Terminal At Berbera Port

Categories: News Flash

Date: Jun 28, 2021

DP World and the Government of Somaliland, have inaugurated the new container terminal at Berbera P...

Post Image
Hapag-Lloyd, ONE Wrap Up Integration With TradeLens

Categories: News Flash

Date: Jun 28, 2021

Germany-based company Hapag-Lloyd and Japan’s Ocean Network Express (ONE) have completed the inte...

Post Image
Heddle Shipyards Becomes Newest Green Marine Member

Categories: News Flash

Date: Jun 28, 2021

Heddle Shipyards, a Canada-based operator of shipyards and drydocks, is the newest participant in G...

Post Image
Wärtsilä And Global Energy Ventures To Cooperate On Propulsion Solutions For Hydrogen Vessel

Categories: News Flash

Date: Jun 25, 2021

The technology group Wärtsilä has signed a Memorandum of Understanding (MOU) with Global Energy V...

Post Image
Synergy Group: Action Not Platitudes Needed On Day Of The Seafarer

Categories: News Flash

Date: Jun 25, 2021

After a year of seafarer mistreatment by governments and ineffective lobbying on their behalf by th...

Post Image
Portsmouth Southsea Coastal Scheme In Full Swing

Categories: News Flash

Date: Jun 25, 2021

In their latest project update, the officials introduced plans to extend working hours on the beach...