News Flash
Baltic index falls as all vessel segments post declines
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday,...
Read More
The principles and implications of General Average are not always fully understood by the offshore sector, warns the AAA
At a recent seminar in London organised by the International Underwriting Association of London (IUA) and the Association of Average...
Read More
NautilusLog and Industry Leaders Announce the Launch of ISO 4891: A New Standard for Interoperability of Smart Applications Onboard Ships
NautilusLog, a leading maritime technology company based in Hamburg, proudly announces the release of ISO 4891: Ships and Marine Technology...
Read More
Norsepower Rotor Sails™️ installed on Oceanus Aurora as part of IINO Lines and Borealis support of environmentally sustainable shipping
Wind propulsion leader Norsepower and esteemed shipping company IINO Kaiun Kaisha, Ltd. (IINO LINES) have completed the installation of two...
Read More
Hempel joins RightShip’s Zero Harm Innovation Partners Program, strengthening commitment to a sustainable maritime industryHempel joins RightShip’s Zero Harm Innovation Partners Program, strengthening commitment to a sustainable maritime industry
Hempel proudly announces that it is joining RightShip’s Zero Harm Innovation Partners Program, aligning with its core commitments to a...
Read More
China’s Oct coal imports from Russia rise 13%
China’s coal imports from Russia rose 13% in October from the same month a year earlier despite sanctions on Moscow,...
Read More
Asia Fuel Oil-HSFO premiums fall while market structure softens
Spot premiums for high sulphur fuel oil (HSFO) dipped on Wednesday amid a backdrop of heavy supply arrivals, while the...
Read More
LR explores future trends with Korean shipbuilders
The Global Conference on Naval Architecture and Ocean Engineering (G-NAOE) 2024, co-hosted by Lloyd's Register (LR) and The Society of...
Read More
VIKAND Emphasises the Importance of Effective Communication in the Psychological Safety, Wellbeing, and Retention of Seafarers
Debate at the highest level is a key reason why London International Shipping Week is such a ‘must attend’ event...
Read More
South Korean Shipbuilders Target $50 Billion in Orders Next Year
The shipbuilding supercycle is expected to continue next year, with projections indicating that domestic shipbuilders’ order volume will exceed $50...
Read More
Baltic Index Falls As Panamax And Supramax Segments Log Declines
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday,...
Read More
Iron ore at one-week high on softer dollar, pre-holiday stocking
Iron ore futures rose for a second consecutive session to a one-week high on Tuesday, supported by a weaker dollar...
Read More
With Syroco, Socatra reduces fuel consumption and emissions of Alcyone
Socatra, a leading provider of oil shipping services, and Syroco, the Climate Tech startup that supports the energy transition of...
Read More
NorthStandard adjusts for conditions ahead with precautionary premiums increase
The return of higher claim volumes during 2024, increased exposure to larger claims, and continuing supply chain volatility have persuaded...
Read More
LNG Bunkering Vessel Kaguya Conducts 100th Supply of LNG Building track record in Chubu region using ship-to-ship method
On November 5, the liquefied natural gas (LNG) bunkering vessel Kaguya conducted its 100th ship-to-ship supply of LNG fuel. This...
Read More
MOL, KEPCO Sign MoU for Joint Study of Liquefied Hydrogen Carrier
Mitsui O.S.K. Lines, Ltd. and The Kansai Electric Power Company, Incorporated announced the signing of a memorandum of understanding (MoU)...
Read More
Suspected attacks by Houthi rebels in Yemen target a ship in the Red Sea and Gulf of Aden
DUBAI, United Arab Emirates -- Suspected attacks by Yemen's Houthi rebels targeted a Panama-flagged bulk carrier traveling through the Red...
Read More
Asia Fuel Oil-Spot benchmarks soften as influx of supply weighs
Spot fuel oil benchmarks eased on Tuesday as ample incoming supplies weighed on sentiment. Singapore’s cash premium for very low...
Read More
EuroDry Ltd. Reports Net Loss of $5.2 Million
EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its...
Read More
Green corridors grow by 40% worldwide, but face a “feasibility wall”, says Global Maritime Forum report
Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalysed by public and private action...
Read More