News Flash

UN shipping agency working ‘tirelessly’ to solve Red Sea crisis

The United Nations shipping agency is working “tirelessly” to solve the Red Sea crisis, which is severely disrupting the global...
Read More

Greece: Four dead in shooting at shipping company

Four people were killed — including the suspected perpetrator — in a shooting that happened at the offices of a...
Read More

BIMCO starts work on contract for growing wind turbine market

BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind...
Read More

Baltic index scales 1-month high on firm rates for larger vessels

The Baltic Exchange’s dry bulk sea freight index rose to a one-month high on Monday, buoyed by firm capesize and...
Read More

Panama Canal does not plan transit restrictions at least until April

The Panama Canal sees no need for further vessel transit restrictions until at least April, when its authority will evaluate...
Read More

Asia spot LNG prices dip on tepid demand, healthy stocks

Asian spot liquefied natural gas (LNG) prices dipped this week, remaining below $10 per million British thermal units (mmBtu) for...
Read More

Maersk pilots Shanghai as new global gateway for LCL Shipments

Maersk, the world’s leading shipping and logistics company, announces today that Maersk pilots Shanghai as its new global gateway of...
Read More

APM Terminals calls on OEMs to support them in raising asset management standards

APM Terminals’ journey to towards becoming a world class asset management organisation started some years ago. In this next step...
Read More

Shipyard working conditions and the Norwegian Transparency Act

Recent media reports have focused on allegedly poor working conditions at Turkish shipyards. The law firm Wikborg Rein reminds Norwegian...
Read More

Asian LNG re-export trend continues to surpass Europe so far in 2024

Asian LNG re-exports have continued to outmatch reexports from Europe so far in 2024, maintaining Asia’s stronger reexport trend that...
Read More

Damage of main engine crankshaft and the importance of the Planned Maintenance System

Over the years, we have seen many incidents regarding damage to main engine components such as the crankshaft, main bearing,...
Read More

Asian imports of U.S. LPG fall, dragging down shipping rates

Shipping rates for Asia-bound liquefied petroleum gas have plummeted in 2024, touching a nearly three-year low, as higher prices for...
Read More

Grain ships diverted from Red Sea; Russia sets export taxes

More ships carrying grain were diverted from the Suez Canal to sail around the Cape of Good Hope this week...
Read More

Drewry: Dry Bulk Equity Index on the Rise

In January, Drewry’s Dry Bulk Equity Index rose 2.1% due to the intensifying conflict in the Red Sea which is...
Read More

IMO Secretary-General sets fresh agenda for maritime

IMO Secretary-General Arsenio Dominguez shared the Organization’s plans and focus areas for the next four years, with the aim of...
Read More

NORDEN reports annual result of USD 400 million for 2023 and continues to return cash to shareholders

NORDEN reports an annual result of USD 400 million (approx. DKK 2,760 million). For the fourth quarter of 2023 net...
Read More

Dalian iron ore near one-week high on property demand hope

Iron ore futures in China climbed to near a one-week high on Thursday, on hope of better demand from the...
Read More

India wants multi-year oil purchase deal with Guyana -Guyana minister

India wants to sign a multi-year oil purchase deal with Guyana and acquire stakes in the South American nation’s exploration...
Read More

New zero-emission hydrogen-powered cargo vessel ready for operation on the Rhine

Dutch shipowner Future Proof Shipping (FPS), the EU-funded Flagships project, and the Interreg-funded ZEM Ports NS project launch the groundbreaking...
Read More

VIKAND Launches Proactive Healthcare Program to Safeguard Seafarers and Protect the Commercial Viability of the Shipping Industry

VIKAND, a Global Leader in Maritime Healthcare, has launched a proactive 24/7 healthcare program to help safeguard seafarers and protect...
Read More
1 127 128 129 130 131 529