News Flash

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Sustainable Ship Management: Navigating the Green Future

Categories: News Flash

Date: Feb 20, 2025

Sustainability aims for long-term co-existence on Earth, focusing on environmental, economic, and so...

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Marcura’s New Chapter: Accelerating Global Trade with a Unified Ecosystem Driving AI-Powered Automation and Efficiency for Smarter Maritime Decisions

Categories: News Flash

Date: Feb 20, 2025

Marcura unveils a bold new look and new AI capabilities, part of a broader transformation to connect...

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ERS data tracking and transparency key to managing compliance risk as EU ETS deadline looms, says OceanScore

Categories: News Flash

Date: Feb 20, 2025

The maritime industry is bracing for the first large-scale verification of carbon credits to be surr...

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Saudi Red Sea Authority and Ministry of Municipalities and Housing Sign MoU to Enhance Marina Development

Categories: News Flash

Date: Feb 20, 2025

The Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with the Ministry ...

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Dry Weekly Market Monitor: Cyclone Disruptions Hit Australian Iron Ore Exports

Categories: News Flash

Date: Feb 20, 2025

The sharp decline in Australian dry bulk flows in early 2025, as depicted in the data, can be direct...

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Ship Recycling Market Still Facing Challenging Conditions

Categories: News Flash

Date: Feb 20, 2025

The ship recycling market has kept on facing a challenging landscape. In its latest weekly report, B...

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Econowind Receives One Million Euros Investment To Harness The Wind For Deep-Sea Shipping

Categories: News Flash

Date: Feb 19, 2025

Dutch company Econowind, based in Zeewolde, has secured €1 million in development capital from Inv...

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Wärtsilä Lifecycle Agreement to ensure operational reliability for 14 vessels in CMA Ships fleet

Categories: News Flash

Date: Feb 19, 2025

Technology group Wärtsilä has signed a Lifecycle Agreement with CMA Ships, a subsidiary of leading...

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ENGINE: East of Suez Bunker Fuel Availability Outlook

Categories: News Flash

Date: Feb 19, 2025

Singapore and Malaysia Bunker demand has been slow in Singapore over the past two weeks, accordin...

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Blue waters, green vessels: ING aims to be a catalyst for shipping decarbonization

Categories: News Flash

Date: Feb 19, 2025

The global economy relies on shipping, more than 80% of the world’s traded goods are transported b...

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HSFO spot premiums dip but backwardation holds

Categories: News Flash

Date: Feb 19, 2025

Spot premiums for high sulphur fuel oil (HSFO) eased further in Asia on Tuesday, although backwardat...

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Dry Bulk Shipping: Handysize Ships Heading Lower

Categories: News Flash

Date: Feb 19, 2025

Handysize ships’ prices are trending higher, despite an overall lackluster freight market sentimen...

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ICS Latest Flag State Performance Table Shows The World’s Largest Flag State Administrations Continuing To Demonstrate High Levels Of Performance

Categories: News Flash

Date: Feb 19, 2025

The International Chamber of Shipping (ICS) has issued its annual Flag State Performance Table for 2...

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Unsworth sails into Liverpool: A strategic expansion into the Northwest

Categories: News Flash

Date: Feb 19, 2025

Unsworth, a trusted name in freight forwarding and customs brokerage for over 50 years, has started ...

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Decarbonisation leaders firm up commitment to cultivate trust in ammonia as a marine fuel

Categories: News Flash

Date: Feb 19, 2025

With the maritime industry under pressure to reduce carbon emissions, ammonia is gaining popularity ...

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Baltic index hits one-month high on stronger rates across vessels

Categories: News Flash

Date: Feb 19, 2025

Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporti...

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Drone strike hits Chevron, Exxon oil exports via Russia

Categories: News Flash

Date: Feb 18, 2025

A drone strike has hit a pumping station on a oil pipeline in Russia, reducing flows from Kazakhstan...

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DP World’s Pioneering Carbon Inset Programme Registers Over 100,000 Containers

Categories: News Flash

Date: Feb 18, 2025

The world’s first container port Carbon Inset Programme has registered more than 100,000 TEUs wort...

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Kongsberg Maritime secures contract to equip Bibby Marine’s groundbreaking eCSOV

Categories: News Flash

Date: Feb 18, 2025

Kongsberg Maritime has won a major contract to supply an integrated package of equipment for Bibby M...

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Maersk and Cochin Shipyard partner to explore ship repairs and shipbuilding activities in India

Categories: News Flash

Date: Feb 18, 2025

Maersk (Maersk) and Cochin Shipyard Limited (CSL) today announced the signing of a Memorandum of Und...

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UAE’s Fujairah marine fuel sales extend monthly climb but log yearly fall in January

Categories: News Flash

Date: Feb 18, 2025

Marine fuel sales at the United Arab Emirates’ Fujairah, a key bunker hub in the Middle East, exte...

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South Korean shipbuilders eye overseas production as domestic yards reach capacity

Categories: News Flash

Date: Feb 18, 2025

South Korean shipbuilders, backed by extensive orderbooks, are weighing offshore production options ...

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Asia Fuel Oil: Spot premiums extend slide, backwardation narrows

Categories: News Flash

Date: Feb 18, 2025

Spot premiums for fuel oil fell further on Monday, while market backwardation narrowed at the prompt...

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Shipping companies call for limits on biofuels in shipping

Categories: News Flash

Date: Feb 18, 2025

Shipping companies including the German shipping giant Hapag-Lloyd and a number of NGOs have called ...

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UN Shipping Body Must Agree Ambitious New Action to Cut Climate-Heating Shipping Emissions

Categories: News Flash

Date: Feb 18, 2025

As this week’s crucial International Maritime Organization (IMO) meeting on the reduction of clima...

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Baltic index rises as all vessel segments log gains

Categories: News Flash

Date: Feb 18, 2025

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transp...

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Twin Earthquakes Shake North India: 4.0 Magnitude Tremors Hit Delhi-NCR and Bihar

Categories: News Flash

Date: Feb 17, 2025

NEW DELHI: North India experienced two back-to-back earthquakes early Monday morning, first in Delhi...

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Why Europe may pursue tighter integration in a fragmenting world

Categories: News Flash

Date: Feb 17, 2025

The idea of seamless movement of capital across Europe’s various economies and markets – a capit...

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Pilot project Hull Vane and TotalEnergies big success

Categories: News Flash

Date: Feb 17, 2025

Hull Vane and TotalEnergies conducted a pilot project by installing a Hull Vane® on one of the comp...

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Successful Field Trial of the “InfraLaser” Rust and Coating Removal System on an Actual Vessel-Aiming for Environmental Load Reduction

Categories: News Flash

Date: Feb 17, 2025

Mitsui O.S.K. Lines, Ltd., MOL Drybulk Ltd., Furukawa Electric Co., Ltd. and TSUNEISHI SHIPBUILDING ...

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Port Hedland in Western Australia’s Pilbara region reopens after Tropical Cyclone Zelia

Categories: News Flash

Date: Feb 17, 2025

Western Australia’s Port Hedland reopened, the port’s operator said late on Saturday, after Trop...

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The South China Sea: Oil and Gas and an Increasingly Assertive China

Categories: News Flash

Date: Feb 17, 2025

The South China Sea is not only vital for global trade but also holds major oil and gas reserves tha...