News Flash

Shipnext and FONASBA partner to raise standards in online shipping.

Leading online cargo platform Shipnext and The Federation of National Associations of Ship Brokers and Agents (FONASBA) have signed a...
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Maritime disruptions in the Suez Canal and the Red Sea are expected to affect 10% of world trade and will increase general transport fares.

Attacks on container ships in the Red Sea and Suez Canal have caused major shipping lines worldwide to suspend their...
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China’s first domestically built cruise ship sets sail with a suite of Wärtsilä solutions.

Wärtsilä ANCS, part of technology group Wärtsilä, has delivered to the Adora Magic City, China’s first domestically built cruise ship,...
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ABS Signs Milestone MOU with Indian Innovators to Drive Global Hub for Green Shipbuilding

ABS joined Garden Reach Shipbuilders and Engineers (GRSE) Ltd., Seatech Solutions International (Seatech), and Shift Clean Energy (Shift) in signing...
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Baltic index falls for a sixth straight session on softer capesize rates.

The Baltic Exchange’s dry bulk sea freight index dropped on Wednesday for the sixth straight session, dragged lower by steadily...
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Ctg vessel owners launch new shipping cell.

The Inland Vessel Owners Association of Chittagong yesterday launched a new shipping cell to transport goods to and from the...
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Greece advises vessels to avoid Yemeni waters after Red Sea attacks

Greece has advised commercial vessels sailing in the Red Sea and the Gulf of Aden to avoid Yemeni waters, keep...
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Asia Fuel Oil-Spot market fluctuates in single-digit premiums

Asia’s spot market for key fuel oil grades held rangebound in single-digit premiums on Wednesday, while market structure weakened compared...
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New training course for freight industry newcomers

January 2024 will see the British International Freight Association (BIFA) add a new training course to its one-day freight essentials...
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Baltic index sinks on low cargo demand, risks persist in Red Sea

The Baltic Exchange’s dry bulk sea freight index dropped on Tuesday for the fifth straight session, tracking lower rates for...
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Vitol completes inaugural biofuel delivery in the UAE

Vitol has successfully completed its first biofuel deliveries in Fujairah, demonstrating its ongoing commitment to sustainable fuel solutions. Through its...
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IMO: SG statement on attacks against international shipping in Red Sea area

The IMO Secretary-General Kitack Lim has issued a further statement on attacks against international shipping in the Red Sea area....
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Aurora Expeditions And Eyesea To Measure Pollution In The World’s Most Remote Location

Aurora Expeditions, a leading expedition cruise company renowned for its voyages to the world’s most remote and captivating destinations, has...
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TORM plc capital increase in connection with delivery of one 2016-built MR vessel

With reference to Company Announcement no. 23 dated 09 November 2023 regarding TORM plc Q3 2023 results where TORM announced...
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WSC thanks coalition for action to protect seafarers and trade in the Red Sea region

The World Shipping Council today expressed its thanks to the member nations of the Operation Prosperity Guardian coalition formed to...
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Crowley Vessels and Crews Recognized for Environmental Achievement

The Chamber of Shipping of America (CSA) recognized 85 Crowley vessels and their crews for a cumulative 782 years of...
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SGS releases details of Advanced Cargo Information services for African imports and exports

SGS, the world’s leading testing, inspection and certification company, is pleased to announce details of its Advanced Cargo Information (ACI)...
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Asia Fuel Oil-Cash premiums, refining cracks edge higher.

Asia price benchmarks for both very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO) firmed up slightly...
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India resumes buying Venezuelan oil. What does it mean for the country?

After a gap of three years, India has again started buying crude oil from Venezuela. This follows the US decision...
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National Staff Training Aims to Develop Innovative Human Resources

From 4 to 8 December, NYK held Global NYK Group Week 2023, a training program at the Tokyo head office...
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