News Flash
US West Coast ports, dock workers ‘on doorstep of agreement’ – Port of LA exec
The executive director of the Port of Los Angeles thinks a tentative agreement between the International Longshore and Warehouse Union...
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Japanese Shipping Companies Saw Orders Plunge in April but Hand-Held Orders Hit Four-year High
Due to high ship prices, orders received by Japanese shipping companies continued to decline. However, the number of orders in...
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COVID boom not over yet for ‘landlords’ of shipping lines
Foreign container lines were widely blamed for stratospheric freight rates during the supply chain crisis. President Joe Biden proclaimed last...
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Americas clean tanker market looking to dirty up, sources say
Americas clean Medium Range tanker owners are looking to carry crude oil, dirtying up Medium Range and Long Range 1...
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COSCO SHIPPING to Build the Second 700 TEU Electric Container Ship
On May 8, COSCO SHIPPING Heavy Industry (Yangzhou) started to build the second 700 TEU electric container ship (N998) owned...
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More liner newcomers quit long-haul box lanes as rates tumble
According to consultancy Linerlytica, Transfar Shipping, BAL Container Line and container maker China International Marine Containers (CIMC), which started a...
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Russia sanctions, supply security, climate commitments at play in G7 Hiroshima
G7 leaders are set to tighten enforcement of Russian sanctions while bolstering supply chains of strategic commodities to ensure economic...
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China’s Yangshan Port Tops New Container Port Performance Index
Yangshan Port in China took top position in the third edition of the global Container Port Performance Index (CPPI), despite...
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TORM plc capital increase in connection with delivery of two vessels
With reference to Company Announcement no. 03 dated 16 March 2023 regarding the acquisition of three 2013 built MR product...
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Action plan to ensure diversity in shipping industry
Women working in the shipping must be supported, Deputy Minister of Shipping Marina Hadjimanoli said. Speaking on Thursday, the minister...
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Three new ships approved for Black Sea grain deal after Russia renewal
Three new ships were authorized on Thursday to take part in a deal allowing the safe Black Sea export of...
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MOL and Mitsubishi Gas Chemical Sign Basic Agreement on Long-term Charter for Newbuilding Dual-fuel Methanol Carrier
Mitsui O.S.K. Lines, Ltd. Friday announced the signing of basic agreement with Mitsubishi Gas Chemical Company, Inc. (President: Masashi Fujii;...
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LR, SDARI and MAN ES join forces on ammonia dual-fuel containership for MSC
Lloyd’s Register (LR), Mediterranean Shipping Company (MSC), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES)...
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U.S. West Coast ports regain lost volume as competitive pressure mounts
Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks...
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ADB warns China it risks wasting money on state-led growth
China needs to level the playing field between private and state owned firms, the Asian Development Bank’s chief economist said...
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Is India the new China?
With over 1.4 billion people, India officially became the world’s most populous nation in April this year. This development has...
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AD Ports Group and Karachi Port Trust (KPT) Sign a Strategic MoU to Develop Advanced Port and Terminal Infrastructure in Karachi Port
A senior delegation from United Arab Emirates (UAE) visited Karachi and met with H.E. Faisal Sabzwari, Federal Minister For Maritime...
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Stream Marine Group celebrates importance of diversity and equality on IMO’s International Day for Women in Maritime
Leading safety training provider Stream Marine Group (SMG) will be shining a spotlight on encouraging females into the shipping industry...
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New Collaboration to Improve Leadership at Sea
The Nautical Institute is delighted to announce a new collaboration with The Seafarers’ Charity to develop a new range of...
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Russia and Iran sign rail deal for corridor intended to rival Suez Canal
Russian President Vladimir Putin and his Iranian counterpart Ebrahim Raisi on Wednesday oversaw, via video-link, the signing of a deal...
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