News Flash
Saudi Arabia’s solo play shows mess of oil market contradictions
Categories: News Flash
Date: Jun 09, 2023
Saudi Arabia’s decision to deepen its crude oil production cuts, without matching contributions f...
West Coast dockworkers making $200K demand higher pay
Categories: News Flash
Date: Jun 09, 2023
West Coast container port operations are being disrupted by a dispute over the size of dockworkers...
Columbia Shipmanagement continues partnership with AKTI Project and Research Centre in combatting coastal microplastics in Cyprus
Categories: News Flash
Date: Jun 09, 2023
On World Ocean Day 2023, Columbia Shipmanagement Ltd. proudly reaffirms its commitment to environme...
ZIM’s Levant Black Sea Express (LBX) Service to Add a Thessaloniki Call
Categories: News Flash
Date: Jun 09, 2023
ZIM Integrated Shipping Services Ltd. announced today that its Levant – Black Sea Express (LBX) s...
Vessel buildup grows at West Coast ports as maritime supply chain begins to break, echoing Covid chaos
Categories: News Flash
Date: Jun 09, 2023
The number of vessels due to dock at the Port of Los Angeles and Long Beach is increasing as labor ...
Capesize, panamax gains drive Baltic index higher
Categories: News Flash
Date: Jun 09, 2023
The Baltic Exchange’s main sea freight index rose for a fourth straight session on Thursday, help...
Software Improvement Group: Routescanner is neutral
Categories: News Flash
Date: Jun 09, 2023
otterdam/Amsterdam, 8 June 2023 – Through in-depth code review, data analysis, and extensive expe...
Euro zone slips into recession after Germany, Ireland revisions
Categories: News Flash
Date: Jun 09, 2023
The euro zone economy was in a technical recession in the first three months of 2023, data from Eur...
Iron ore extends rally as China stimulus hopes persist
Categories: News Flash
Date: Jun 09, 2023
Iron ore futures climbed on Thursday, with the Dalian benchmark hitting a fresh seven-week high, wh...
The CMA CGM Group builds up its terminal footprint in Europe and the Mediterranean with CSP Bilbao and Valencia
Categories: News Flash
Date: Jun 09, 2023
The CMA CGM Group, a global player in sea, land, air and logistics solutions, will acquire shares i...
Global demand for natural gas will grow by 36%
Categories: News Flash
Date: Jun 08, 2023
The joint conference of the Russian Energy Week (REW) Expert Club and the Iranian Institute for Int...
Euro economic misses may mask pandemic reboot
Categories: News Flash
Date: Jun 08, 2023
Even if some yearn for pre-pandemic familiarity after three years of global economic disruption, th...
Kongsberg Maritime’s Next Generation Feeder Containership design receives Approval in Principle from DNV
Categories: News Flash
Date: Jun 08, 2023
Kongsberg Maritime’s innovative next generation 2000 TEU container feeder vessel design has recei...
ABS First to Publish Broad-Reaching Requirements for Hydrogen-Fueled Vessels
Categories: News Flash
Date: Jun 08, 2023
ABS is the first class society to develop and publish an expansive set of requirements to guide the...
VLSFO cash premium extends slide on selling interest
Categories: News Flash
Date: Jun 08, 2023
Asia’s cash premium for very-low sulphur fuel oil (VLSFO) fell for a second straight day as sell...
UAE to tighten insurance cover for ships flying its flag
Categories: News Flash
Date: Jun 08, 2023
In line with the UAE’s steadfast dedication to safeguarding the local, regional, and global marit...
Ports play a major role in reducing shipping emissions, highlighting the limitations of slow-steaming
Categories: News Flash
Date: Jun 08, 2023
The International Maritime Organization (IMO) has long been committed to reducing the industry’s ...
China’s May iron ore imports up 4% y/y on resilient demand, improved steel margins
Categories: News Flash
Date: Jun 08, 2023
China’s imports of iron ore rose 3.95% in May from a year earlier, customs data showed on Wednesd...
Future maritime leaders invited to help set the course for an inclusive transition to a zero-emission future
Categories: News Flash
Date: Jun 08, 2023
Yesterday, young people under the age of 30 make up half of the world’s population. Their future ...
Baltic rises to over 3-month peak on firm demand for larger vessels Baltic rises to over 3-month peak on firm demand for larger vessels
Categories: News Flash
Date: Jun 08, 2023
The Baltic Exchange’s main sea freight index rose on Wednesday to scale its highest in more than ...
Trans-Pacific spot container shipping rates are inching up
Categories: News Flash
Date: Jun 07, 2023
Shipping lines have pulled Asia-U.S. spot rates off the floor, but it’s a slog: two steps up, one...
NAPA and Simwave partner to improve access to stability training for seafarers and ship operators
Categories: News Flash
Date: Jun 07, 2023
NAPA, a global provider of maritime software and data services, has announced a partnership with Si...
Survitec Digitalises Ship Safety Management With A New Interactive Graphical Monitoring Solution, Smarr-Ti
Categories: News Flash
Date: Jun 07, 2023
Global Survival Technology solutions provider Survitec aims to substantially improve onboard ship s...
WinGD and Mitsubishi Shipbuilding sign MoU for ammonia collaboration
Categories: News Flash
Date: Jun 07, 2023
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipb...
ABS AIP for Provaris’ Innovative Compressed Hydrogen Technology
Categories: News Flash
Date: Jun 07, 2023
ABS has presented Provaris Energy with an approval in principle (AIP) for its innovative gaseous hy...
ENGINE: East of Suez Bunker Fuel Availability Outlook
Categories: News Flash
Date: Jun 07, 2023
Singapore Demand has been average in Singapore so far this week. Securing VLSFO and HSFO stems i...
HSFO back in premium; Saudi crude output cut seen bullish
Categories: News Flash
Date: Jun 07, 2023
Asia’s spot market for 180-cst high sulphur fuel oil (HSFO) flipped back into a small premium on...
Anemoi scales up Rotor Sail technology to boost maritime sector’s decarbonization efforts
Categories: News Flash
Date: Jun 07, 2023
Anemoi Marine Technologies, a leading UK-based developer of Rotor Sails for the global shipping ind...
South Korea’s ‘Big 3’ Shipbuilders Enter 14 Trillion Won Negotiations for Qatar LNG Vessels
Categories: News Flash
Date: Jun 07, 2023
HD Hyundai Heavy Industries, Hanwha Ocean, and Samsung Heavy Industries, collectively known as the ...
Ports in China’s oil hub Shandong scrutinizing old tankers -sources
Categories: News Flash
Date: Jun 07, 2023
Ports in China’s Shandong province are demanding more detailed information about oil tankers that...
Port Freeport completes $146m expansion
Categories: News Flash
Date: Jun 06, 2023
On 14 November 2019, the Port Freeport Commissioners approved a construction contract with McCarthy...
Biofuels to play significant role in decarbonising shipping: DNV
Categories: News Flash
Date: Jun 06, 2023
The report “Biofuels in Shipping” covers the current state of biofuel production, consideration...