News Flash
Anglo-Eastern enhances fleet performance using Wärtsilä’s integrated CII tool
Categories: News Flash
Date: Mar 08, 2023
The technology group Wärtsilä has delivered the CII Dashboard within its Fleet Optimisation Solut...
Shipping companies are investing more into crews’ health and nutrition, says leading catering management provider MCTC as company expands and moves offices
Categories: News Flash
Date: Mar 08, 2023
The wellbeing of crew members is becoming more important to shipping companies says leading caterin...
VLSFO rebounds following one-month downtrend
Categories: News Flash
Date: Mar 08, 2023
The spot 0.5% very low sulphur fuel oil (VLSFO) market in Asia rebounded on Tuesday after trending ...
AWOS launched for women seafarers
Categories: News Flash
Date: Mar 08, 2023
Hong-Kong headquartered and world’s leading ship management company, and also a major employer of...
The Republic Of Panama Signs Important Agreements With The Republic Of Antigua And Barbuda
Categories: News Flash
Date: Mar 08, 2023
The Republic of Panama represented by the Panama Maritime Authority (AMP) signed significant Memora...
The Bahamas is once again amongst the first members of the IMO Council to present its annual IMO member state assessment payment
Categories: News Flash
Date: Mar 08, 2023
On 27 February The Bahamas continued its long-held tradition of making its annual member state asse...
Baltic index extends gains on stronger capesize demand
Categories: News Flash
Date: Mar 08, 2023
The Baltic Exchange’s main sea freight index extended gains to a 13th straight session on Tuesday...
Container shipping market yet to bottom as spot rates keep slipping
Categories: News Flash
Date: Mar 08, 2023
Xeneta CEO Patrik Berglund said in late November that if spot rates had not stabilized and started...
To secure maritime supply chains, India to boost domestic shipbuilding industry
Categories: News Flash
Date: Mar 08, 2023
The Indian government is implementing a programme that will increase the government’s support for...
Indian Register of Shipping (IRS) selects Dassault Systèmes to drive digital transformation and boost efficiency
Categories: News Flash
Date: Mar 08, 2023
Leading international ship classification society Indian Register of Shipping (IRS), has enter...
SeaLead Launches New Australia to Indian Subcontinent Service New Service Offers Faster Transit and Increased Capacity For Shippers
Categories: News Flash
Date: Mar 06, 2023
SeaLead Shipping is pleased to announce the launch of a new Australia to India Subcontinent (ASIA) ...
Iran, Venezuela launch direct shipping line
Categories: News Flash
Date: Mar 06, 2023
Iran and Venezuela have launched a direct shipping route to enhance trade ties amid U.S. sanctions,...
Seatrade Maritime collaborates with DSAA to reinforce the development of Dubai’s shipping industry
Categories: News Flash
Date: Mar 06, 2023
Seatrade Maritime and the Dubai Shipping Agents Association (DSAA) have signed a Memorandum of Unde...
The rise of crude tanker ‘cannibals’ in wake of Russia-Ukraine war
Categories: News Flash
Date: Mar 06, 2023
The Ukraine-Russia war has rerouted crude tanker flows over the past year, equating to higher profi...
India’s GAIL looks to import ethane via VLECs
Categories: News Flash
Date: Mar 06, 2023
GAIL, India’s primary gas pipeline operator, is seeking to revolutionise its petchem facilities b...
‘Colossal’ tidal wave of new container ships about to strike
Categories: News Flash
Date: Mar 06, 2023
Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of...
Bullish Q4 2022 trade flow shifts are ‘durable’ for midsize tanker freight through 2023: Teekay
Categories: News Flash
Date: Mar 06, 2023
After seeing historically high levels in the fourth quarter of 2022 due to trade-flow shifts result...
Container Ship Refloated In Suez Canal After Breakdown
Categories: News Flash
Date: Mar 06, 2023
A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diver...
China’s shipyards greet growing orders thanks to edge in technology, capacity
Categories: News Flash
Date: Mar 06, 2023
In January this year, a total of 17 new orders for pure car and truck carriers (PCTC), with 510,000...
Shandong ports, important nodes witnessing BRI growth, open logistic corridor
Categories: News Flash
Date: Mar 06, 2023
This year marks the 10th anniversary of the China-proposed Belt and Road Initiative (BRI), a global...
MOL Unveils Marine Debris Collection Ship and Demonstrates Coastal Debris Collection Device on the coast of Bali, Indonesia
Categories: News Flash
Date: Mar 04, 2023
Mitsui O.S.K. Lines, Ltd. announced that on March 1, on the coast of Bali, Indonesia, it unveiled a...
Hapag-Lloyd CEO says he is optimistic about shipping development in India
Categories: News Flash
Date: Mar 04, 2023
German container liner Hapag-Lloyd sees great opportunity in India where containerisation levels ar...
SSES & Avenir LNG have successfully delivered bonded LNG to zims first LNG fueled containership in Yangshan port Shanghai
Categories: News Flash
Date: Mar 04, 2023
On March 2, 2023, Shanghai SIPG Energy Service Co.,Ltd. (SSES) a subsidiary of Shanghai Internation...
The Republic Of Panama And The Kingdom Of Belgium Strengthen Their Links In The Maritime Area By Signing 3 Letters Of Intent
Categories: News Flash
Date: Mar 04, 2023
The Republic of Panama, through the Minister of Maritime Affairs, Noriel Arauz, and the Kingdom of ...
The International Chamber of Shipping continues to grow with Luxembourg and Brazil joining the global shipowners’ association
Categories: News Flash
Date: Mar 04, 2023
The International Chamber of Shipping (ICS), representing over 80% of the world’s merchant fleet,...
Russia says West is ‘burying’ Black Sea grain deal
Categories: News Flash
Date: Mar 04, 2023
Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” th...
Eagle Bulk Shipping Inc. Stays Positive on Dry Bulk Market’s Fundamentals
Categories: News Flash
Date: Mar 04, 2023
Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the midsize drybulk v...
Singapore bunker premiums set for bumpy recovery in March
Categories: News Flash
Date: Mar 04, 2023
Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in Singapore,...
Global Clean Tanker trade from Russia climbs
Categories: News Flash
Date: Mar 04, 2023
Ahead of the sanctions on Russian Clean products that came in to force on 5th February 2023, Russia...
India is the Third Biggest Importer of Crude Oil
Categories: News Flash
Date: Mar 04, 2023
India is now the third biggest importer of crude oil, with a market share of 11% of global crude oi...
MPC Container Ships reports Strong Operating Revenue
Categories: News Flash
Date: Mar 03, 2023
Highlights Strong operating revenues of USD 162.1 million (+14% YOY) and EBITDA of USD 127.0 mil...
Russia says it will only renew grain deal if its own exports are unblocked
Categories: News Flash
Date: Mar 03, 2023
Russia said on Wednesday it would only agree to extend the Black Sea grain deal, which allows grain...