News Flash
Bureau Veritas Solutions Marine & Offshore and ENGIE announce low-carbon advisory and risk management partnership for the shipping industry
Bureau Veritas Solutions Marine & Offshore, a technical advisory, asset management and assurance solutions organization, and ENGIE, a global industry...
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VLSFO market retains downside as more Al Zour supply looms
Asia’s very low sulphur fuel oil market remained under downward pressure on Tuesday, as key exporter Al Zour continued to...
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Intermodal Weekly Market Report Week 20 2023 Broker’s Insight
Due to sluggish demand and massive inventories, spot LNG prices in Asia plummeted to a two-year low, while prices in...
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Marlink enhances hybrid digital network solution for Polembros Shipping with Starlink
Marlink, the smart network and digital solutions company, will install the Starlink LEO service for Athens-based ship manager Polembros Shipping....
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Nordic American Tankers Ltd: First Quarter Results, History in the making!
The average Time Charter Equivalent (TCE) for our spot vessels (15) during the first quarter of 2023 came in at...
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‘We are not decoupling’: G-7 leaders agree on approach to ‘de-risk’ from China
Leaders of the Group of Seven agreed there’s a need to de-risk, not decouple from China, and acknowledged challenges posed...
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SHS launches guide to support seafarer healthcare interactions
The Seafarers Hospital Society has launched a free Seafarer Health Consultation Guide to assist interactions between seafarers and health professionals...
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Mitsubishi Shipbuilding and Nihon Shipyard Launch Joint Study for Development of an Ocean-Going LCO2 Carrier
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for...
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INTERCARGO reaches membership milestone
The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membership milestone. The Association now represents 32% of...
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China’s April fuel oil imports rise further to decade-high
China’s April fuel oil imports surged further from the prior month, almost hitting a decade-high, while exports of low-sulphur marine...
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Cash premiums ease as offers soften further
Cash premiums for fuel oil fell on Monday amid thin trade, while spot offers inched lower from their previous session....
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U.S. Seaports Are Weathering a Numbers Hangover in Import Volumes
U.S. seaports are having a terrible year, yet are seeing something of an importing resurgence at the same time. Imports...
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Container shipping under pressure as peak season hopes dim
One of the earlier scenarios for container shipping’s 2023 peak season went like this: Importers would get cocky and keep...
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World Shipping Council Releases Containers Lost at Sea Report – 2023 Update
The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container...
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Navy honors a champion sailor
The Navy rolled out the red carpet for Champion sailor Commander Abhilash Tomy (retd), who finished second in the enormously...
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MSC Sets New Record: Container Fleet Surges to Impressive 5 Million TEU Capacity
MSC successfully overtook Maersk and emerged as the world’s largest container carrier 16 months ago and continued its stream of...
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Remains of the Chinese fishing vessel located by Indian naval aircraft
The Indian Navy's P8I Maritime patrol aircraft located a Chinese fishing vessel that capsized three days ago in the Indian Ocean,...
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US and allied naval commanders in Mideast transit Strait of Hormuz, in show of force against Iran
The Mideast-based commanders of the U.S., British and French navies transited the Strait of Hormuz on Friday aboard an American...
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Why ports matter for the global economy
Since the start of maritime trade, ports have played a central role in the economic and social development of countries....
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HMM Enters Acquisition Race for Hyundai LNG Shipping
HMM, a South Korean shipping giant, has joined the race to acquire Hyundai LNG Shipping, the country’s top liquefied natural...
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