News Flash

Baltic index extends losses on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, declined for asecond consecutive...
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Strategic Partnership Announcement Between GMCG and CHM Global

GMCG, a frontrunner in engineering and consultancy, alongside CHM Global, known for its excellence in marine turnkey solutions and operations,...
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Ships and ports will be crucial in achieving EU climate goal

The Commission estimates that 280 million tons of CO2 will need to be captured to meet the ambitious 90 %...
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Celebrating Operational Excellence: 90POE Welcomes Navilands Group

Maritime technology company Ninety Percent of Everything Ltd. (90POE), have today announced that Navilands Group, a new, highly experienced, and...
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Globalia Logistics Network launches a new web app to promote easy communication among its members

Globalia Logistics Network, an exclusive network of more than 215 reliable freight forwarders worldwide, creates a new web app designed...
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Leading names in shipping support InterManager’s new standard in ship management and operation

InterManager’s newly-introduced General Principles of Conduct and Action are attracting widespread industry support from across all sectors of the maritime...
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Wartsila aims to sell CCS with quick paybacks for IMO 2040 target

Wartsila aims to start selling a marine carbon capture and storage system with quick paybacks next year, according to a...
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Inmarsat Maritime Partners With Aramco To Trial World-First Over Water 5G Mesh Network

The 5G “mesh” technology aims to enable high-speed connectivity in challenging conditions, with trials planned to demonstrate range far beyond...
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Höegh Autoliners secures significant Enova funding for two ammonia-powered vessels

Shipping company Höegh Autoliners ASA is making significant progress in its ambition to make the Aurora Class the world’s first...
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Container group MSC says its ship hit by missile sailing to Djibouti

Container ship MSC Sky II was continuing its voyage to Djibouti on Tuesday after being hit by a missile a...
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Singapore and Australia Formalise Collaboration to Establish Green and Digital Shipping Corridor

Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on establishing the Singapore-Australia Green and Digital...
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Baltic index ticks down as capesize losses offset gains in smaller vessels

The Baltic Exchange’s dry bulk sea freight snapped a 12-session winning streak on Tuesday, as pressure from lower capesize rates...
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Asia Fuel Oil-Spot VLSFO logs downtrend for fifth trading day

Asia’s spot cash premium for very low sulphur fuel oil (VLSFO) fell for a fifth consecutive trading day, though refining...
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CO2 emissions from coal shipping stay strong in 2020 as green pressures grow

Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of the coronavirus on consumption, a...
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NYK Participates in International Seminar on Liquefied CO2 Capture, Utilization, and Storage High interest from Japan and abroad in quantitative assessment and issues throughout the value chain

On March 4, NYK participated in a seminar comparing the three modes of the carbon capture, utilization, and storage (CCUS)...
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Minister to commemorate Cyprus Shipping Registry in Athens

Deputy Minister of Shipping Marina Hadjimanolis will be conducting visits to Athens and Brussels this week, according to an official...
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DynaRep Signs Strategic Agreement With Kinay Agency

We are thrilled to announce a strategic collaboration between DynaRep and Kinay Agency, two prominent entities in the maritime industry...
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Capital Product Partners L.P. Announces the Sale of One 9,300 TEU and Two 5,100 TEU Container Vessels

Capital Product Partners L.P., an international owner of ocean-going vessels, today announced that it has entered into a memorandum of...
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After Red Sea mission, Greece seeks key role in EU defence – minister

Greece, host of the headquarters of the EU operation to shield ships from Houthi attacks in the Red Sea, hopes...
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US funding bill blocks China from buying oil from Strategic Petroleum Reserve

A measure in the U.S. funding legislation unveiled by congressional leaders on Sunday would block China from buying oil from...
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