News Flash

Höegh Autoliners ASA – Sale of Höegh Bangkok and purchase of Höegh Jacksonville

Höegh Autoliners ASA, has reached an agreement for the sale of the vessel Höegh Bangkok (IMO 931847) for a price...
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Wallem Group makes strides in decarbonization.

Wallem Group, a leading global maritime partner, is proud to have welcomed two dual fuel vessels, Angleviken and Askviken, into...
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Baltic index extends losses for 8th session on weaker vessel rates.

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the eighth straight...
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RightShip and Porto de Santos sign a partnership to deploy groundbreaking new risk management solution for ports and terminals.

PortRisk is a comprehensive risk management solution that transforms how ports and terminals navigate the challenges of pre-arrival preparations and...
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Havila Shipping ASA: Sale of vessels

Havila Shipping ASA has, following demands from lenders, and in accordance with the current restructuring agreement, sold the PSV vessel...
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Demand For Tankers Will Remain Strong, Even After the Peak Oil Scenario Materializes

The tanker market will keep on… shipping fossil fuels for a long time, despite the looming peak oil demand scenario,...
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‘Investments, partnerships needed’ to reduce carbon in shipping.

Industry leaders have been told achieving environmental targets in ocean freight shipping requires major efforts and investments. The reminder came...
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Drewry: Tanker Equities on the Rise.

The Drewry Crude Tanker Equity Index has been largely on an uptrend since early July. The index jumped 10.6% in...
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AEGIR-Marine kicks off groundbreaking proof-of-concept project with the Maritime Remanufacturing Network

The Maritime Remanufacturing Network (MRN) is proud to announce that it has begun its first project: the remanufacturing of a...
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China ports container volume rises 5.2% from January to September 2023,Ningbo Containerized Freight Index decrease in October 2023

From January to September of 2023, the cargo volume of Chinese ports was 12540.2 million tons, a year-on-year increase of...
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Ocean Yield ASA: Investment in Suezmax tanker with long-term charter

Ocean Yield AS is pleased to announce that it has agreed to acquire a 2016-built Suezmax tanker with an 8-year...
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CMA CGM to adapt the setup of its EURAF 1 service connecting North Europe with West Africa

We would like to inform our customers that due to persistent congestion in Dakar Terminal and to preserve schedule integrity,...
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Zelenskiy says Black Sea corridor to continue functioning despite threats.

The alternative Black Sea export corridor will continue to function despite all threats, Ukraine President Volodymyr Zelenskiy said on Friday....
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Baltic index snaps seven-week winning streak as vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its seven-week long...
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Dry Bulk Market: Capesizes on correction mode

Capesize The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite...
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Shore power needs and CO2 emissions reductions of ships in European Union ports: Meeting the ambitions of the FuelEU Maritime and AFIR

This study explores the role of shore power in decarbonizing maritime transportation in the European Union (EU) based on two...
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Iron ore subdued as China winter demand in focus

Dalian and Singapore iron ore futures were subdued on Thursday amid worries that Chinese demand for the steelmaking ingredient will...
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Canada to see more LNG projects as Asia buyers will target its certified gas

Start of the Shell-backed 14 million mt/year LNG Canada project in 2025 will provide the impetus for new investments in...
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US economic growth accelerates in third quarter

The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from...
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Fortescue’s quarterly iron ore shipments fall 3% on maintenance

Australian miner Fortescue on Thursday reported a 3% drop in its quarterly iron ore shipments because of increased maintenance and...
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