News Flash

China’s central bank pledges to support domestic demand

China’s central bank on Monday said it would fend off systemic risks to the economy and use forceful and targeted...
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IEC Telecom introduces OptiShield advanced cybersecurity solution for vessels

In an era of heightened cyber awareness by vessels, leading international satellite service operator IEC Telecom has introduced OptiShield, a...
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Baltic index scales 1 and 1/2-year peak on robust demand for bigger ships

The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third consecutive session to its highest level...
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Dry Bulk Market: Capesizes Record Third Weekly Gain

Capesize For the first half of the week, the market faced subdued activity, particularly in the Pacific with a slight...
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Q3’23 Carbon emission carrier ranking | US West Coast to Far East

We are back with the latest edition of the Xeneta and Marine Benchmark Carbon Emission Index (CEI), and this week...
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What to expect in 2024 – 5 trends in freight forwarding

The world of freight forwarding is constantly evolving, driven by global economic shifts, technological advancements, and changing consumer expectations. In...
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Israeli-linked chemical tanker seized in Gulf of Aden -US official, vessel company.

Unidentified armed individuals have seized a tanker carrying a cargo of phosphoric acid in the Gulf of Aden on Sunday,...
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Understanding of fuel life cycle assessment terminology – glossary launched

A new simplified glossary that supports the industry to gain a better understanding of the terminologies and phraseologies used in...
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Partnership Funding Supports Development of Safer Waves

On the International Day for Elimination of Violence Against Women The Seafarers’ Charity, UK P&I Club, and TK Foundation have...
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Drewry: LNG Shipping Equity Index Down 7.5% This Year

The Drewry LNG Shipping Equity Index declined 7.5% YTD (as of 16 November 2023), underperforming the S&P 500, which surged...
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Three major Greek shipping companies stop transporting Russian oil.

Three major Greek shipping firms – Minerva Marine, Thenamaris and TMS Tankers – have stopped transporting Russian oil in recent...
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China’s weekly export container shipping index up

China’s export container shipping index increased in the week ending Nov. 24, according to the Shanghai Shipping Exchange. The Exchange...
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Panama canal announces special auction slot starting Saturday

The Panama Canal, one of the world’s main maritime trade routes, announced on Friday it is launching a special auction...
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Steerprop To Supply Arctic Bow Thrusters For Canada’s New Polar Icebreaker

Steerprop, a leading designer and manufacturer of high-performance propulsion systems, has been chosen to supply advanced ice-classed bow thrusters to...
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GLO Marine Appoints Charles Day as Business Development Director

GLO Marine, a rapidly expanding player in maritime retrofit solutions, strengthens its leadership team with the appointment of Charles Day...
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Coal imports to India in October 2023 reached highest levels in nearly a year and a half.

In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the...
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Coal shipments to advanced economies down 17% so far in 2023

In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity...
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Panama Canal proposes long-term solutions to improve drought issues as low water levels remain.

As low water levels limit movement across the Panama Canal, a potential solution is in the works to mitigate the...
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ENGINE: Americas Bunker Fuel Availability Outlook

North America Houston’s demand for bunker fuel has decreased this week after a spike in demand last week. Availability of...
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Wellbeing and welfare boost for Indian maritime cadets

Thousands of cadets and trainees in India will benefit from in-depth wellness training and support thanks to funding from the...
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