News Flash
Welcome on board! Hapag-Lloyd welcomes 66 new apprentices
Categories: News Flash
Date: Aug 05, 2024
Today, 66 young men and women are starting their training at Hapag-Lloyd in Hamburg. Some of the app...
New app in the works to improve efficiency for Singapore’s shipping and logistics sectors
Categories: News Flash
Date: Aug 05, 2024
Amid recurring disruptions to global supply chains from geopolitical hot spots around the world, Sin...
Capital Product Partners L.P. Announces Approval of Corporate Conversion and Name Change as It Continues Its Strategic Pivot to The LNG and Energy Transition Business
Categories: News Flash
Date: Aug 05, 2024
Capital Product Partners L.P. (“CPLP”, “we” or “us”) (NASDAQ: CPLP), an international ow...
Asia Fuel Oil-Cash Premiums Extend Slide But Bunker Prices Hold
Categories: News Flash
Date: Aug 03, 2024
Cash premiums for fuel oil continued to ease in Asia on Friday as offers dipped further, though down...
International Chamber Of Shipping Launches New Hydrogen Demand Report
Categories: News Flash
Date: Aug 03, 2024
The International Chamber of Shipping (ICS) presented a new report, written by the Professor of Ener...
Petrobras Signs A Contract To Acquire Undersea Equipment For The Santos And Campos Basins
Categories: News Flash
Date: Aug 03, 2024
Petrobras has signed the first contract to acquire undersea equipment to start implementing the Atap...
Tokyo And The Paris Memoranda Of Understanding To Launch A Joint Concentrated Inspection Campaign On Crew Wages And Seafarer Employment Agreements
Categories: News Flash
Date: Aug 03, 2024
The Member Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Con...
Panama Canal To Allow 36 Daily Transits By September
Categories: News Flash
Date: Aug 03, 2024
According to the company's release, consistently strong rains will allow the Panama Canal to accommo...
MOL Secures AiP For Wind Challenger-Equipped LNG Carrier Design
Categories: News Flash
Date: Aug 03, 2024
Mitsui O.S.K. Lines (MOL) has announced it has been awarded approval in principle (AiP) by Nippon Ka...
Russia's August Western Port Oil Loadings To Rise 9% M/M, Sources Say
Categories: News Flash
Date: Aug 03, 2024
Russia will increase oil exports via its western ports to 1.95 million barrels per day (bpd) in Augu...
Asia's Crude Oil Imports Drop In July As China Stays Weak
Categories: News Flash
Date: Aug 03, 2024
Asia's crude oil imports dropped to the lowest in two years in July as demand remained weak in top i...
Baltic Index Snaps 10-Session Losing Streak As Capesize Rates Gain
Categories: News Flash
Date: Aug 03, 2024
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk com...
Red Sea crisis hits volumes at port of Piraeus
Categories: News Flash
Date: Aug 02, 2024
Piraeus reported that in June it experienced a decrease of 10.1% in containers handled, contributing...
Wartsila to transfer its manufacturing site in Trieste, Italy to shipping company MSC
Categories: News Flash
Date: Aug 02, 2024
In July 2022, technology group Wartsila announced a plan to ramp down manufacturing in Trieste and t...
Jones Act Investments Strong as JP Morgan Group is Latest in the Sector
Categories: News Flash
Date: Aug 02, 2024
Investor interest in the protected U.S. Jones Act shipping market is growing as demonstrated by the ...
China’s first 10,000 DWT methanol dual-fuel integrated electrically-propelled inland bulk carrier completes sea trial
Categories: News Flash
Date: Aug 02, 2024
On July 29, China’s first domestic 10,000 DWT methanol dual-fuel integrated electrically-propelled...
APSEZ kicks Off FY25 With A strong 47% PAT Growth In Q1
Categories: News Flash
Date: Aug 02, 2024
Adani Ports and Special Economic Zone Ltd (“APSEZ”) today announced its results for the quarter ...
Havila Shipping ASA: Information on the development of the company's debt
Categories: News Flash
Date: Aug 02, 2024
Information on the development of the company's debt Reference is made to previous statements, mo...
Maersk Sees Red Sea Disruption Lasting Through 2024
Categories: News Flash
Date: Aug 02, 2024
The global transport disruptions caused by the conflict in the Red Sea will last longer than expecte...
International Shipping Coalition launches “Beyond Methane Pledge”, calling on industry leaders to end LNG
Categories: News Flash
Date: Aug 02, 2024
Backed by seven key civil society organizations, the Say No to LNG global shipping campaign today la...
Methane slip being eliminated as LNG uptake accelerates
Categories: News Flash
Date: Aug 02, 2024
Significant progress is being made to eradicate methane slip as uptake of the LNG pathway accelerate...
ICS: Hydrogen has an important but not dominant role in net zero
Categories: News Flash
Date: Aug 02, 2024
The International Chamber of Shipping (ICS) presents a new report identifying hydrogen demand sector...
Enterprise Expands Houston Ship Channel Export Facility
Categories: News Flash
Date: Aug 01, 2024
Enterprise Products Partners L.P. announced that it is moving forward with a key expansion project a...
European Commission Approves €998 Million Dutch State Aid Scheme To Support Renewable Hydrogen Production
Categories: News Flash
Date: Aug 01, 2024
The European Commission has approved, under EU State aid rules, a €998 million Dutch scheme to sup...
ABB Modernizes MS Amera With DC Technology and Shore Connection for Improved Safety and Efficiency
Categories: News Flash
Date: Aug 01, 2024
Germany-based cruise operator Phoenix Reisen has modernized its 205-meter, 835-passenger capacity sh...
Oil Spill Clean-Up Underway On South Africa’s West Coast After the Weekend Break-Up Of Grounded Panama-Flagged Cargo Vessel
Categories: News Flash
Date: Aug 01, 2024
Coastal clean-up operations are ramping up on South Africa’s west coast after an oil spill caused ...
US Court Enforces $200m Award Against Government Of Djibouti Over Illegal Port Seizure
Categories: News Flash
Date: Aug 01, 2024
DP World welcomes the decision by a US court to enforce a $200 million award against the Government ...
Adani Mulls $2 Bln Danang Coastal Port Project
Categories: News Flash
Date: Aug 01, 2024
According to Bloomberg, Indian billionaire Gautam Adani is considering investing more than $2 billio...
NYK’s STS Bunkering Boom For Ammonia Gets ClassNK’s Nod
Categories: News Flash
Date: Aug 01, 2024
Japanese shipping major NYK and TB Global Technologies have received approval in principle (AiP) fro...
Asia Fuel Oil-Spot Premiums Extend Gains While Market Structure Firms
Categories: News Flash
Date: Aug 01, 2024
Spot fuel oil premiums extended gains in Asia on Wednesday, backed by strength in the derivatives ma...
Ocean Container Shipping Market Reaches Tipping Point
Categories: News Flash
Date: Aug 01, 2024
The ocean container shipping market reached a tipping point in July, with long-term rates on major f...
Baltic Index Down For 9th Session On Weaker Demand For Larger Vessels
Categories: News Flash
Date: Aug 01, 2024
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodi...