News Flash

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BII Commits $35m To the Development of Democratic Republic Of Congo’s First Deepwater Port

Categories: News Flash

Date: Aug 21, 2024

The UK’s development finance institution funds the new project alongside logistics company DP Worl...

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PIL Further Renews Fleet with Order For Five 13,000 TEU LNG Dual Fuel Container Vessels

Categories: News Flash

Date: Aug 21, 2024

Pacific International Lines (PIL) is stepping up its fleet renewal programme and has ordered five ne...

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HD Hyundai Marine Solutions Secures Landmark $30 Million LNG Conversion Deal

Categories: News Flash

Date: Aug 21, 2024

According to industry sources, on the 18th, HD Hyundai Marine Solutions, a subsidiary of HD Hyundai,...

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Indian Port Workers To Go On Strike To Demand Better Wages, Benefits

Categories: News Flash

Date: Aug 21, 2024

A group of Indian port workers’ unions has called for a strike from Aug. 28 to demand immediate se...

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World’s 1st Installation Of Rotor Sails On A Capesize Bulk Carrier For VALE

Categories: News Flash

Date: Aug 21, 2024

Mitsui O.S.K. Lines and Vale International announced that a 200,000-ton class bulk carrier, currentl...

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Baltic Index Marks Best Week In Over 3 Months As Vessel Rates Rise

Categories: News Flash

Date: Aug 21, 2024

The Baltic Exchange’s main sea freight index rose on Monday to a more than three-week high as the ...

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India's Shipping Ministry Offers To Build Port In Andhra Pradesh Near Planned Refinery

Categories: News Flash

Date: Aug 20, 2024

The shipping ministry has offered to build a seaport alongside a refinery that Bharat Petroleum Corp...

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British International Investment Commits Up To $35 Million Alongside DP World into The Democratic Republic Of The Congo’s First Deepwater Container Port

Categories: News Flash

Date: Aug 20, 2024

British International Investment, the UK’s development finance institution and impact investor, ha...

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Chinese Company BYD's First Carrier Vessel Docks In Spain

Categories: News Flash

Date: Aug 20, 2024

The first vessel of Chinese automaker BYD's shipping fleet has arrived in the Spanish port of Santan...

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Candela Supplies Flying Electric Ships To Saudi Arabia’s NEOM

Categories: News Flash

Date: Aug 20, 2024

The Candela P-12, the world's first electric hydrofoil ship, will service the planned water network ...

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World's First Machine Room Safety Accreditation for Ammonia Fueled Ammonia Gas Carrier To Be Granted By ClassNK

Categories: News Flash

Date: Aug 20, 2024

The world’s first accreditation for “Machinery Room Safety for Ammonia” (MRS) will be granted ...

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China Merchants Energy Shipping Orders Ten New Oil Tankers from Dalian Shipbuilding

Categories: News Flash

Date: Aug 20, 2024

China Merchants Energy Shipping Co., Ltd. ("CMES") issued an announcement announcing that through it...

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NYK Bulk & Projects To Time-Charter Methanol-Fuelled Bulk Carrier

Categories: News Flash

Date: Aug 20, 2024

NYK Bulk & Projects Carriers has concluded a basic agreement with Kambara Kisen for the time cha...

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PIL Further Renews Fleet with Order For Five 13,000 TEU LNG Dual Fuel Container Vessels

Categories: News Flash

Date: Aug 20, 2024

Pacific International Lines (PIL) is stepping up its fleet renewal program and has ordered five new ...

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G E Shipping Boosts Fleet Efficiency With StormGeo

Categories: News Flash

Date: Aug 20, 2024

This cooperation intends to improve the operational efficiency and environmental performance of G E ...

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Baltic Index Rises for Fourth Day On Firm Capesize Demand

Categories: News Flash

Date: Aug 20, 2024

The Baltic Exchange's dry bulk sea freight index (BADI) opened a new tab that rose for a fourth stra...

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Brunvoll To Supply Propulsion for Norled's Next Four Ferries

Categories: News Flash

Date: Aug 19, 2024

Brunvoll says it has been chosen to supply azimuth propulsion thrusters and thruster control systems...

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China-Laos Land Port Records More Diversified International Passengers

Categories: News Flash

Date: Aug 19, 2024

Mohan Port on China's border with Laos has cleared inbound and outbound passengers from over 100 cou...

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Jiangnan Shipbuilding Secures New VLAC Contracts with Jaldhi Overseas

Categories: News Flash

Date: Aug 19, 2024

Jiangnan Shipbuilding signed a contract with Jaldhi Overseas, a Singapore-based company specializing...

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Concession Agreements For 4 Gujarat Ports To Expire In Ten Years

Categories: News Flash

Date: Aug 19, 2024

The concession agreements of four crucial ports in Gujarat – Pipavav, Mundra, Hazira, and Dahej ...

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Shipping From Asia To Latin America? A GRI Is Coming Up

Categories: News Flash

Date: Aug 19, 2024

A General Rate Increase (GRI) from Asia* to the West Coast of Latin America, Mexico, Caribbean*, Cen...

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Tanker Shipping Market Overview & Outlook

Categories: News Flash

Date: Aug 19, 2024

Houthis continue to attack ships in the Red Sea and the Gulf of Aden, and there is no end to the con...

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Bharat Petroleum Unveils India’s First Biofuel Blend HFHSD Bunker At Mumbai Port

Categories: News Flash

Date: Aug 19, 2024

Mumbai: Bharat Petroleum Corporation Ltd (BPCL) has set a new benchmark in the Indian Maritime Indus...

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Noatum Enters Egypt’s Maritime Market with The Acquisition Of Safina Shipping Services

Categories: News Flash

Date: Aug 19, 2024

Noatum, a subsidiary of AD Ports Group, has announced its acquisition of a majority stake in Safina ...

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Naming & Delivery Ceremony of China’s 1st Two Offshore Wind Power SOVs Held

Categories: News Flash

Date: Aug 19, 2024

On 16 August 2024, the naming and delivery ceremony of the first two China-built offshore wind power...

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US East Coast Port Strike the Next Spanner In Supply Chains

Categories: News Flash

Date: Aug 19, 2024

The International Longshoremen's Association (ILA) has warned that its 85,000 members will strike on...

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German LNG Terminal Operator Sues EU Over Competitor's Subsidy

Categories: News Flash

Date: Aug 17, 2024

Two years after Germany rushed to launch its first onshore LNG import terminals, the operators are s...

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South Africa Commissions New Tugs and Launches in Port Renewal Plan

Categories: News Flash

Date: Aug 17, 2024

Transnet National Ports Authority, the government operator of South Africa’s ports, celebrated the...

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USCG Polar Icebreaker Healy Returns to Seattle After Fire Suspends Mission

Categories: News Flash

Date: Aug 17, 2024

The U.S. Coast Guard’s polar icebreaker Healy returned to Seattle prematurely on August 16, approx...

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Indonesia seeks revision of biofuel carriage requirements

Categories: News Flash

Date: Aug 17, 2024

Indonesia has urged that conventional bunker vessels be allowed to carry up to B30 biofuel blends in...

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Container shipping costs from South Korea to the U.S. east coast and Europe up for 3rd month

Categories: News Flash

Date: Aug 17, 2024

Container shipping costs from South Korea to the U.S. east coast and Europe increased for the third ...

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Valeura Energy announced first oil production from its Nong Yao C development, offshore Gulf of Thailand

Categories: News Flash

Date: Aug 17, 2024

Valeura Energy Inc. announced first oil production from its Nong Yao C development, in Licence G11/4...