News Flash
The Royal Institution of Naval Architects (RINA) to host the Technical Conference: Managing CII and Associated Challenges at the IMO in London, United Kingdom in January 2024
On 16-17 January 2024, maritime industry professionals will gather for the Technical Conference on Managing CII and Associated Challenges at...
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US Cash Crude-Grades firm for second day as WTI/Brent spread widens
U.S. cash crude prices strengthened for a second straight day on Friday, as the spread between U.S. West Texas Intermediate...
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DemoSATH completes a major project goal with the offshore installation.
With the effective setup of its 2MW revolutionary floating windy platform demonstration in open marine waters, the DemoSATH project has...
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Tanker Market: VLCCs dropped slightly again this week.
The MEG's LR2s have suffered from diminishing activity this week, and combined with a short week in Singapore, freight volumes...
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Russian warship strikes warning shots at a cargo ship in the Black Sea.
A Russian vessel shot warning rounds at a cargo ship heading north in the Black Sea on Sunday, the very...
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Euroseas Ltd. Announces new charters for its two 4,250 teu containerships, 2007-built Rena P and 2005-built Emmanuel P at $21,000 per vessel per day following a mutually agreed termination of the existing charters
Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation...
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Next steps for managing England’s newly designated Highly Protected Marine Areas
On 5 July 2023, HPMA designations came into effect in Allonby Bay, North East of Farnes Deep and Dolphin Head,...
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Baltic index up for 3rd day on firm rates for larger vessels
The Baltic Exchange’s main sea freight index .BADI rose for a third straight session on Monday, buoyed by an uptick...
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China ports’ container volume rises 4.8% in the half year of 2022, and Ningbo Containerized Freight Index decrease slightly in July 2023
In the half year of 2023, the cargo volume of Chinese ports was 8188.8 million tons, a year-on-year decrease of...
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German environmental group sues private LNG terminal in Lubmin
A German environmental group on Monday said it had filed a lawsuit against a privately operated liquefied natural gas (LNG)...
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ScanOcean and Neste unveils a new marine fuel in Sweden that reduces GHG emissions up to 80%
We are pleased to inform that ScanOcean AB and Neste Oyj are strengthening their existing partnership by launching a new...
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STI Receives Largest Capacity Ship to Call at Chilean ports
Coming from Callao in Peru, the vessel will then continue its route to Coronel. San Antonio Terminal Internacional (STI) continues...
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Growth remains elusive in CTS 1H23 score card
The half-year report for loaded container volumes, made possible by the release of June’s loaded container traffic data by Container...
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Shipping traffic on Belgium’s Scheldt River halted after the accident.
Shipping traffic on Belgium’s Scheldt River was halted until at least Tuesday morning 10am local time (0800 GMT) after a...
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Agreement regarding the sale of two product tankers
Concordia Maritime AB (publ) (“Concordia Maritime”) has entered into an agreement for the sale of the product tankers Stena Premium...
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Q2’23 Carbon emission carrier ranking | Far East – North Europe
We return with the latest update on the Xeneta and Marine Benchmark Carbon Emissions Index (CEI) results. Our focus this...
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Ukraine hits Russian tanker with sea drone near Crimea Bridge
A Ukrainian sea drone full of explosives struck a Russian fuel tanker overnight near a bridge linking Russia to annexed...
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SAAM Closes First Half of 2023 with Net Income of US$33.5 Million
SAAM reports net income of US$33.5 million for first half of 2023. Sales totaled US$449.2 million (+10%) and consolidated EBITDA...
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Ukraine announced a war risk area in the waters of six Russian ports
Ukraine has announced a war risk area in the waters of Russian ports on the Black Sea. This follows from...
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Saudi Arabia, Russia extend oil cuts ahead of OPEC+ committee meeting
OPEC+ leaders Saudi Arabia and Russia are set to keep tightening the oil market into the autumn, announcing Aug. 3...
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