News Flash
Baltic index slips on weaker rates across bigger vessels
Categories: News Flash
Date: Oct 22, 2024
The Baltic Exchange’s main sea freight index dipped on Monday to its lowest level in over eight mo...
Tanker Returns Brings in More Investment in Newbuildings
Categories: News Flash
Date: Oct 21, 2024
An increase in returns has lured more ship owners into investing in the tanker sector, through newbu...
Port of Long Beach Sees Strongest September on Record
Categories: News Flash
Date: Oct 21, 2024
Demand for holiday-related goods nudged the Port of Long Beach to its most active September and busi...
Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up
Categories: News Flash
Date: Oct 21, 2024
Record imports over the last several months at West Coast ports, driven by the recent East Coast and...
Peru’s Chinese-built mega port to soft launch in late November with Shanghai route
Categories: News Flash
Date: Oct 21, 2024
Peru’s massive Chancay port, which authorities hope will become a major shipping hub for South Ame...
Iran exports first crude cargo outside the Persian Gulf as Israeli retaliation looms
Categories: News Flash
Date: Oct 21, 2024
Iran exported its first-ever crude cargo outside the Persian Gulf, according to satellite images and...
Panama Strengthens Strategic Alliances With The Maritime Sector
Categories: News Flash
Date: Oct 21, 2024
As a global leader in ship registration and maritime services, Panama continues to build strategic p...
S. Korea and China resume containership competition amid market shifts
Categories: News Flash
Date: Oct 21, 2024
Hanwha Ocean, one of South Korea’s leading shipbuilders, announced on Oct 10. that it has secured ...
Global container freight rate index from the 12th January 2023 to the 10th October 2024
Categories: News Flash
Date: Oct 21, 2024
Container freight rates oscillated dramatically between January 2023 and October 2024. Freight rates...
Pacific Basin: Dry Bulk Market Outlook Is Optimistic
Categories: News Flash
Date: Oct 21, 2024
During the third quarter of 2024, there was a year-on-year increase in global dry bulk loading volum...
Growing obscurity: LNG shadow fleet expected to expand as sanctions evasion continues
Categories: News Flash
Date: Oct 21, 2024
The LNG shadow fleet to move blacklisted Russian LNG is expected to expand amid growing clandestine ...
Wärtsilä continues to strengthen its market leadership in cargo handling and fuel gas supply systems
Categories: News Flash
Date: Oct 19, 2024
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been contracted to supply the c...
MHI Receives Order to Supply MOX Fuel Assemblies for Unit 3 of Genkai Nuclear Power Station, Kyushu Electric Power Co. Inc.
Categories: News Flash
Date: Oct 19, 2024
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Kyushu Electric Power Co. Inc. (K...
Mindanao Container Terminal welcomes new Evergreen, Wan Hai Lines joint service
Categories: News Flash
Date: Oct 19, 2024
Mindanao Container Terminal (MCT), International Container Terminal Services, Inc.’s (ICTSI) opera...
TecPlata handles Argentina’s 1st carbon-neutral container
Categories: News Flash
Date: Oct 19, 2024
TecPlata achieved a new milestone with its handling of the first carbon-neutral container in Argenti...
PSA Celebrates Groundbreaking for its New Supply Chain Hub, Pioneering an Integrated Logistics Ecosystem in Singapore
Categories: News Flash
Date: Oct 19, 2024
PSA Singapore (PSA) has unveiled the PSA Supply Chain Hub @ Tuas (PSCH), a central part of its strat...
Two-way traffic lifts standards of efficiency at APM Terminals Gothenburg
Categories: News Flash
Date: Oct 19, 2024
Working in the midst of a massive port expansion project APM Terminals Gothenburg has remained nimbl...
DHL expands contract logistics portfolio to the UAE to address increasing demand for specialized end-to-end supply chain services
Categories: News Flash
Date: Oct 19, 2024
In line with DHL's commitment to delivering unparalleled end-to-end supply chain solutions to custom...
Ocean One Network adds Jacksonville Port to East Coast 2 Service - effective from February 2025
Categories: News Flash
Date: Oct 19, 2024
We are pleased to inform you of an enhancement to our East Coast 2 (EC2) service, following our rece...
Yang Ming to Launch Two Europe-East Med Express Services Enhancing Service
Categories: News Flash
Date: Oct 19, 2024
Yang Ming Marine Transport Corporation ("Yang Ming") continues to strengthen its network in Europe a...
MSC Showcases Innovative Logistics Solutions at Abidjan, Côte d'Ivoire
Categories: News Flash
Date: Oct 19, 2024
MSC Mediterranean Shipping Company took center stage at the 2024 edition of the National Cocoa and C...
BHP iron ore output beats, copper production edges up on better grades at Escondida
Categories: News Flash
Date: Oct 18, 2024
Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of bott...
U.S. coal exports from the Port of Baltimore rebounded two months after bridge collapse
Categories: News Flash
Date: Oct 18, 2024
U.S. coal exports from the Port of Baltimore rebounded at the end of May 2024, according to recently...
Saudi Arabia’s crude oil exports in August hit one-year low
Categories: News Flash
Date: Oct 18, 2024
Saudi Arabia’s crude oil exports in August fell to their lowest level in a year, data from the Joi...
Poseidon project marks one year of progress in decarbonizing naval transport with e-methanol
Categories: News Flash
Date: Oct 18, 2024
The POSEIDON project is demonstrating the use of synthetic methanol (e-methanol) as a sustainable fu...
NSU to Install Rotor Sails to Valemax VLOC
Categories: News Flash
Date: Oct 18, 2024
NS United Kaiun Kaisha, Ltd. (NSU) and Vale International SA (Vale:) have reached an agreement to in...
Asia Fuel Oil-VLSFO spot premiums soften further, inventories extend climb
Categories: News Flash
Date: Oct 18, 2024
Spot premiums for very low sulphur fuel oil (VLSFO) dropped further on Thursday, with lower-priced t...
SHIPPING: Asia-US container rates tick lower as backlog at EC ports lingers
Categories: News Flash
Date: Oct 18, 2024
Rates for shipping containers from east Asia and China to the US continue to face downward pressure ...
Baltic index falls over 6-months low on lower vessel demand
Categories: News Flash
Date: Oct 18, 2024
The Baltic Exchange’s main sea freight index extended its decline, reaching its lowest in more tha...
Wärtsilä supports South Australia’s energy transition with new 150 MW / 300 MWh energy storage system for Amp Energy
Categories: News Flash
Date: Oct 18, 2024
Technology group Wärtsilä has been selected to deliver its second major energy storage project in ...
INTERCARGO Expresses Concern Over RightShip's Decision to Reduce the Age Limit for Bulk Carriers' Vetting Inspections
Categories: News Flash
Date: Oct 18, 2024
INTERCARGO members have voiced deep concerns regarding RightShip’s recent decision to reduce the a...
Unique electric pilot boat to the Swedish Maritime Administration
Categories: News Flash
Date: Oct 17, 2024
The Swedish Maritime Administration (SMA) has ordered an EF-12 Pilot boat from Artemis Technologies....