News Flash
Baltic index headed for weekly gain on panamax strength
Categories: News Flash
Date: Sep 21, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
Indian refiners jointly negotiating for 2025 Russian oil supplies, govt source says
Categories: News Flash
Date: Sep 20, 2024
Indian refiners are jointly negotiating to purchase Russian oil for next year, a government source s...
CBAM in current form has no benefit for European stainless steel industry: CEOs
Categories: News Flash
Date: Sep 20, 2024
The European carbon border adjustment mechanism (CBAM) in its current form will not benefit the Euro...
ABS Approves IMODCO’s New Energy Terminals for Offshore Ammonia Transfers
Categories: News Flash
Date: Sep 20, 2024
Representatives from ABS and IMODCO Terminals SA, a division of SBM Offshore, met at Gastech 2024 wh...
Asia Fuel Oil-Market steady to softer; Kuwait offers more HSFO for October
Categories: News Flash
Date: Sep 20, 2024
Asia’s fuel oil market was steady to softer on Thursday, with spot premiums for 0.5% low sulphur f...
Russia’s August seaborne oil product exports down 2.3% m/m, Reuters calculations show
Categories: News Flash
Date: Sep 20, 2024
Russia’s seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month...
Argentina grains ships load less cargo as river levels hit near-record lows
Categories: News Flash
Date: Sep 20, 2024
Huge grains ships loading up with soy and corn at Argentina’s major inland river ports around Rosa...
NYK and Oono Development Sign MoU to Commercialize Ship Recycling Business
Categories: News Flash
Date: Sep 20, 2024
Nippon Yusen Kabushiki Kaisha (“NYK”) and Oono Development Co.,Ltd. (“Oono Development”) hav...
India to buy more second-hand vessels to raise container capacity
Categories: News Flash
Date: Sep 20, 2024
India will purchase more second-hand vessels to add to the country’s container shipping capacity, ...
IMO’s Marine Environment Protection Committee (MEPC 82) to convene on key environmental issues
Categories: News Flash
Date: Sep 20, 2024
The International Maritime Organization’s Marine Environment Protection Committee (MEPC) meets in-...
Baltic index rises as rates climb across vessel segments
Categories: News Flash
Date: Sep 20, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
US sues ship firms for $100m over Baltimore bridge crash
Categories: News Flash
Date: Sep 19, 2024
The US government has filed a $100m (£75.6m) lawsuit against the owner and operator of a cargo ship...
PortXchange to Launch EmissionInsider Carbon Insight Suite, Pioneering Real-Time Emissions Reporting and Setting New Global Standards for Port Sustainability
Categories: News Flash
Date: Sep 19, 2024
PortXchange, a leading innovator in port emissions digitalization and maritime solutions, is set to ...
Wah Kwong joins Tankers International as new pool partner
Categories: News Flash
Date: Sep 19, 2024
Tankers International, the world’s largest shipping pool for VLCCs, has welcomed Hong Kong-based W...
Industry experts discuss future of tanker inspections and the impact of SIRE 2.0 on seafarers in Kaiko Systems webinar
Categories: News Flash
Date: Sep 19, 2024
Some ship managers are finding they are unprepared for the human factors element of the new SIRE (Sh...
Chinese shipyard opts again for Wärtsilä cargo handling and fuel gas supply systems
Categories: News Flash
Date: Sep 19, 2024
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling and fu...
LR awards Approval in Principle to Seaspan Corporation for a next generation feeder with ammonia-powered propulsion
Categories: News Flash
Date: Sep 19, 2024
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innov...
DNV Awards AiP for HD Hyundai’s Onboard Carbon Capture and Storage System Retrofit Design
Categories: News Flash
Date: Sep 19, 2024
HD Hyundai Marine Solution, HD Hyundai Engineering & Technology, HD Korea Shipbuilding & Off...
MOL, GCMD and Yara Clean Ammonia Succeeds Ammonia STS (Ship-To-Ship) Trial in Australia Port- Contribution for the Ammonia Bunkering Infrastructure Installation
Categories: News Flash
Date: Sep 19, 2024
Mitsui O.S.K. Lines, Ltd. has joined the Ammonia STS trial which was led and successfully completed ...
Secretary-General Grynspan: UNCTAD16 must deliver for the new global economy
Categories: News Flash
Date: Sep 19, 2024
The upcoming 16th ministerial conference of UN Trade and Development (UNCTAD) will give new momentum...
Loss prevention must be a prerequisite to achieving climate change goals, argues IUMI
Categories: News Flash
Date: Sep 19, 2024
Today, in Berlin at its 150th anniversary conference, the International Union of Marine Insurance (...
Baltic index falls as capesize hits three-week low
Categories: News Flash
Date: Sep 19, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
Alfa Laval secures major order for ballast water management system replacements
Categories: News Flash
Date: Sep 18, 2024
Alfa Laval has received an order to replace 18 ballast water treatment systems (BWMS) onboard vessel...
Maritime industry faces growing pressure for data transparency as cybersecurity concerns stifle progress, warns Oceanly
Categories: News Flash
Date: Sep 18, 2024
Charterers and insurers are demanding more transparency in vessel operations, yet many maritime comp...
ClassNK grants Innovation Endorsement for Products & Solutions to ‘V-MO’ developed by Asahi Kasei Engineering
Categories: News Flash
Date: Sep 18, 2024
ClassNK has granted its Innovation Endorsement for Products & Solutions to monitoring service fo...
Megaship deliveries likely to impact profits: agency
Categories: News Flash
Date: Sep 18, 2024
Reduced container supply caused by Red Sea rerouting should bolster freight rates and profitability ...
Logothetis again lifts stake in fueltech SulNOx
Categories: News Flash
Date: Sep 18, 2024
Constantine Logothetis has once again increased his stake in UK-listed fuel decarbonisation grou...
New guide to reducing GHG emissions in shipping launched by ICS
Categories: News Flash
Date: Sep 18, 2024
With increasing requirements to reduce GHG emissions in shipping, The International Chamber of Shipp...
Asia Fuel Oil-Spot benchmarks inch up amid active bidding
Categories: News Flash
Date: Sep 18, 2024
Spot fuel oil benchmarks edged higher on Tuesday amid a backdrop of active bidding for October-loadi...
Implications of Looming labor strikes on U.S. container trade and supply chains
Categories: News Flash
Date: Sep 18, 2024
September is traditionally one of the busiest months for U.S. containerized imports, driven by the p...
How Can We Use Data To Help Decarbonise Ports?
Categories: News Flash
Date: Sep 18, 2024
Global shipping contributes 2-3% of carbon emissions, with ports playing a significant role. Leverag...
Baltic index extends gain on panamax strength
Categories: News Flash
Date: Sep 18, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...