News Flash
Dual-Fuel Methanol MAN 175D Announced: Newbuild and retrofit variants planned for 2026
MAN Energy Solutions has announced that a dual-fuel version of its MAN 175D high-speed engine, capable of operating on methanol,...
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Russia’s Black Sea oil exports from Novorossiisk delayed
Russia’s oil and products exports from the Novorossiisk Black Sea terminal have been severely restricted by bad weather that has...
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China says boosts iron ore concentrate capacity to secure supplies
China has added 50 million metric tons of iron ore concentrate capacity from 2022, state media quoted an official at...
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Dachser Streamlines Ocean Shipment Booking with Integration Between Hapag-Lloyd Spot Rates and Descartes Rate Management Solution
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that Hapag-Lloyd spot rate offers and 30-day...
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Singapore iron ore eases after China intensifies intervention
Singapore iron ore futures retreated on Monday as caution mounted after the world’s top consumer issued warnings on enhancing supervision...
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China’s central bank pledges to support domestic demand
China’s central bank on Monday said it would fend off systemic risks to the economy and use forceful and targeted...
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IEC Telecom introduces OptiShield advanced cybersecurity solution for vessels
In an era of heightened cyber awareness by vessels, leading international satellite service operator IEC Telecom has introduced OptiShield, a...
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Baltic index scales 1 and 1/2-year peak on robust demand for bigger ships
The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third consecutive session to its highest level...
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Dry Bulk Market: Capesizes Record Third Weekly Gain
Capesize For the first half of the week, the market faced subdued activity, particularly in the Pacific with a slight...
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Q3’23 Carbon emission carrier ranking | US West Coast to Far East
We are back with the latest edition of the Xeneta and Marine Benchmark Carbon Emission Index (CEI), and this week...
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What to expect in 2024 – 5 trends in freight forwarding
The world of freight forwarding is constantly evolving, driven by global economic shifts, technological advancements, and changing consumer expectations. In...
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Israeli-linked chemical tanker seized in Gulf of Aden -US official, vessel company.
Unidentified armed individuals have seized a tanker carrying a cargo of phosphoric acid in the Gulf of Aden on Sunday,...
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Understanding of fuel life cycle assessment terminology – glossary launched
A new simplified glossary that supports the industry to gain a better understanding of the terminologies and phraseologies used in...
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Partnership Funding Supports Development of Safer Waves
On the International Day for Elimination of Violence Against Women The Seafarers’ Charity, UK P&I Club, and TK Foundation have...
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Drewry: LNG Shipping Equity Index Down 7.5% This Year
The Drewry LNG Shipping Equity Index declined 7.5% YTD (as of 16 November 2023), underperforming the S&P 500, which surged...
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Three major Greek shipping companies stop transporting Russian oil.
Three major Greek shipping firms – Minerva Marine, Thenamaris and TMS Tankers – have stopped transporting Russian oil in recent...
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China’s weekly export container shipping index up
China’s export container shipping index increased in the week ending Nov. 24, according to the Shanghai Shipping Exchange. The Exchange...
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Panama canal announces special auction slot starting Saturday
The Panama Canal, one of the world’s main maritime trade routes, announced on Friday it is launching a special auction...
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Steerprop To Supply Arctic Bow Thrusters For Canada’s New Polar Icebreaker
Steerprop, a leading designer and manufacturer of high-performance propulsion systems, has been chosen to supply advanced ice-classed bow thrusters to...
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GLO Marine Appoints Charles Day as Business Development Director
GLO Marine, a rapidly expanding player in maritime retrofit solutions, strengthens its leadership team with the appointment of Charles Day...
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