News Flash

HMM tasked with preventing sale of Hyundai LNG to foreign firm

HMM, Korea’s leading shipping company that is under the control of the state-run Korea Development Bank (KDB), decided to compete...
Read More

Black Sea Watch: Market strength wanes as Ukrainian grain flows halve in May

Black Sea grain market weakened in May in both freight prices and volumes amid uncertainty regarding the prospects of the...
Read More

Europe’s share of US LNG cargoes narrowed in May; France, UK top destinations

France and the UK were the top destinations for US LNG cargoes delivered in May, with Europe maintaining an outsized...
Read More

US West Coast port workers shut some terminals in showdown over pay

The employers of more than 22,000 dock workers at U.S. West Coast seaports on Friday said the union representing those...
Read More

US employers boost hiring in May; unemployment rate jumps to 3.7%

U.S. job growth accelerated in May, but a jump in the unemployment rate to a seven-month high of 3.7% suggested...
Read More

Americas Fuel Availability Outlook

North America Bunker demand in Houston is said to have slowed this week after growing steadily in the recent weeks....
Read More

KONGSBERG successfully demonstrates autonomous vessel operations on Belgium’s inland waterway network

Kongsberg Maritime successfully completed a live trial of autonomous shipping technology in Bornem, Belgium, demonstrating the progress the company has...
Read More

Telenor Maritime connects the future to the ship owners of today

Norway’s Telenor Maritime is at the forefront when it comes to global maritime communications, and has successfully pioneered a new...
Read More

U.S. LNG exports fall in May on lower output and changing demand trends

U.S. exports of liquefied natural gas (LNG) fell in May to 7.66 million tonnes from a record 8.01 million tonnes...
Read More

Baltic dry bulk index sees worst week in nearly five months

The Baltic exchange’s main sea freight index extended losses for the 16th straight session on Friday and were on track...
Read More

Inmarsat Maritime Launches Fleet Reach, Bringing Seamless Connectivity To Ships From Sea To Port

Inmarsat Maritime, a Viasat business, has announced its new Fleet Reach coastal LTE service for maritime connectivity, which brings uninterrupted...
Read More

Singapore detains record number of oil tankers as ‘dark fleet’ grows

Singapore’s detentions of oil and chemicals tankers have surged since early 2022, highlighting growing concerns over the environmental and safety...
Read More

Don’t regulate shipping in isolation warns INTERCARGO as members meet in Dubai

Shipping is so global, that only a truly global regulator such as the International Maritime Organization can provide the level...
Read More

Panama Canal Delays Bigger Vessels Amid Fluctuating Rates on N. Europe-South America West Coast Route

A lack of seasonal rainfall in the Panama Canal region between February and April could leave carriers high and dry,...
Read More

MOL Group is the First Overseas Partner of Hong Kong Government-backed-e-Smart Port Platform Prototype Project

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that MOL, along with its logistics group companies...
Read More

Europe & Africa Fuel Availability Outlook

Northwest Europe VLSFO supply is said to be tight for prompt dates in the ARA ports. Lead times of at...
Read More

Drewry: Port Equity Index Remains Muted

After posting a robust increase of 19.8% in 4Q22, the Drewry Port Equity Index’s performance remained muted YTD (ending 30...
Read More

Sener completes the design of a new sustainable biofuel tanker capable of capturing CO2 from other vessels

The aim of this new type of vessel is not only to provide a solution for supplying biofuels, but also...
Read More

Turning down the volume: how artificial intelligence could cut ship noise

As people continue to gather in expanding cities, noise pollution has been described as the next public health crisis. In...
Read More

Hellas: Major Danish shipping company strives for a brighter future for endangered sperm whales

One of the largest shipping companies in Europe, DFDS, will alter their routes and slow down to reduce the risk...
Read More
1 153 154 155 156 157 474