News Flash

Pyxis Tankers Inc., an international shipping company, announced today that it has completed the acquisition of an 82,013 dwt dry...

Container shipping costs from Korea to Europe soared more than 70 percent last month amid escalating tensions in the Red...

Cash differentials for spot fuel oil were rangebound on Thursday, while latest data showed inventories at Singapore extended a drawdown...

The Baltic Exchange’s dry bulk sea freight index was little changed on Thursday, as gains in smaller vessel segments countered...

BIMCO, together with Bangladesh, India, Norway, Pakistan and the ICS, has submitted a paper ahead of the 81st Marine Environment...

PROSTEP has launched the new version 3.0 of its digital thread solution, OpenCLM, which can now be integrated into customers’...

In the third quarter of 2023, EU economy greenhouse gas emissions are estimated at 787 million tonnes of CO2-equivalents (CO2-eq),...

SSI, the leader in software, services, and expertise for the business of shipbuilding, will supply its ShipConstructor design and modeling...

Today international shipping industry veteran, JB Rae-Smith was elected as President of the UK Chamber of Shipping, taking over from...

ClassNK and Lovoy have signed a Memorandum of Understanding (MOU) to cooperate with development and implementation of more user-friendly Safety...

CMB NV (“CMB”) announces that on February 13, 2024 the Belgian Financial Services and Markets Authority (the “FSMA”) approved the...

Mitsui O.S.K. Lines, Ltd. announced the signing of a non-binding memorandum of understanding (MoU) with Woodside Energy Ltd (Woodside), a...

The Republic of the Marshall Islands (RMI) Maritime Administrator has awarded an Approval in Principle (AiP) to Anemoi Marine Technologies...

The Baltic Exchange’s dry bulk sea freight index edged down on Wednesday, snapping a three-session winning streak, as falling rates...

To achieve the Paris Agreement goals, the adoption of renewable-energy sources has increased significantly in recent years and BESS (Battery...

Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also committed to...

We are delighted to announce a new exclusive representation in the field of engine lube oil filtration systems with one...

Skuld (Gjensidig) (“The Association”) has received a Notice of Cancellation from reinsurers in respect of certain war risks that are...

A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in subzero temperatures to maintain...

Despite a relatively benign year for pool claims in 2023, Protection and Indemnity (P&I) clubs will seek further price improvements...