News Flash
Grafmarine Solar Energy Cells tested on Carisbrooke Vessel
Carisbrooke Shipping Ltd, which operates a fleet of multi-purpose vessels from offices in Cowes on the Isle of Wight, signed...
Read More
Western Canada dock workers union rejects labor contract.
Dock workers in Western Canada have rejected a proposed labor contract that would have ended a dispute that has already...
Read More
S.Korea’s shipbuilders near $9.4 bn in LNG carrier orders from Qatar.
South Korea’s top three shipbuilders — HD Hyundai Heavy Industries Co., Hanwha Ocean Co. and Samsung Heavy Industries — as...
Read More
Russia threatens civilian vessels in Black Sea, Ukraine says.
A senior Ukrainian official accused Russia on Friday of threatening civilian vessels in the Black Sea, and urged the international...
Read More
Saudi unlikely to continue oil production cut – Julius Baer
Saudi Arabia is “unlikely to continue” with its solo oil production cut, after fellow petro-nations did not join the kingdom...
Read More
ECB raises key rate to historic high, keeps options open
The European Central Bank raised its deposit rate to a historic high on Thursday and kept its options open on...
Read More
Australia’s Fortescue Metals sees higher annual iron ore shipments
Fortescue Metals Group on Thursday forecast higher iron ore shipments for fiscal 2024, encouraged by strength across its key operations...
Read More
Patrick Terminals to boost sustainable container handling with ten Kalmar hybrid straddle carriers
Kalmar, part of Cargotec, will supply a total of ten new Kalmar Hybrid Straddle Carriers to Patrick Terminals in Melbourne....
Read More
China loads 750,000 tons of sugar in Brazil, year’s largest import volume
Chinese buyers are currently loading dozens of vessels with around 750,000 metric tons of sugar at Brazilian ports, the first...
Read More
Russia’s FSB: traces of explosives found on second Russia-bound grain ship
Russia’s Federal Security Service (FSB) said on Thursday it had found traces of explosives on board a foreign vessel en...
Read More
WFW advises First Citizens Bank on US$123m Greek shipping loan portfolio acquisition
Watson Farley & Williams (“WFW”) advised First Citizens Bank (“FCB”), on its acquisition of a US$123m portfolio of 11 shipping...
Read More
Asia Fuel Oil-VLSFO cash premium rises for a second straight day
Asia’s cash differential for very-low sulphur fuel oil (VLSFO) extended gains on Thursday after flipping into premiums a day earlier,...
Read More
Emissions insights could cut EU-mandated carbon costs of shipping by 50%
LSEG (London Stock Exchange Group) and Siglar Carbon, a maritime emissions analytics company, have announced an agreement to enable customers...
Read More
Baltic index hits two-week high on firm capesize, panamax demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a two-week high...
Read More
Panama And Peru Strengthen Relations In The Maritime Field
The Panama Maritime Authority (AMP) and the National Maritime Authority of Peru signed an Inter-institutional Agreement that seeks mutual recognition...
Read More
Three Companies to Expand Container Terminal in Kobe – Signs MoU with Kobe-Osaka International Port and ‘K’ Line
Mitsui O.S.K. Lines, Ltd. yesterady announced the signing of a memorandum of understanding (MoU) for the Port Island Phase 2...
Read More
LNG-fueled Tugboat Sakigake Conducts Final LNG Bunkering
On July 25, the LNG-fueled tugboat Sakigake, operated in Tokyo Bay by the NYK Group’s Shin-Nippon Kaiyosha, conducted its last...
Read More
Dutch crews battle major blaze on cargo ship
A fire on a cargo ship resulted in the loss of one crew member’s life and left several others injured,...
Read More
Newbuildings: Tankers and Bulkers the Main Targets
ship owners have kept ordering newbuildings, with bulkers and tankers the main targets. In its latest weekly report, shipbroker Allied...
Read More
Drought-hit Panama Canal restricts daily crossings in water-saving move
The Panama Canal will extend restrictions on ships’ maximum depth, it said on Tuesday, and it has limited average crossings...
Read More