News Flash

Baltic index gains on higher capesize, panamax rates

The Baltic Exchange’s main sea freight index rose on Thursday, helped by rising rates across the capesize and panamax segments....
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SeaLead Unveils ANIDEA Service Connecting Far East, West India, and East Africa

SeaLead, a fast-growing global shipping line, today announced the launch of its revamped service, ANIDEA (Asia and India, East Africa)....
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Ernst Russ AG reports successful business performance

After the first nine months of 2024, the Ernst Russ Group (‘ER Group’) can report a successful business performance. Despite...
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New partnership between Seabed 2030 and Revelare Hydrospatial boosts ocean mapping efforts across Asia-Pacific

  The Nippon Foundation-GEBCO Seabed 2030 Project has entered a new partnership with Revelare Hydrospatial, a specialist in hydrographic and...
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Some of the industry’s finest leaders join the LISW25 Board of Advisors

London International Shipping Week is once again drawing on the thoughts and views of some of the finest brains in...
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Maritime appetite for cyber risk notably higher than other key industries, new report reveals

Anew report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased cyber...
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Asia Fuel Oil-HSFO premiums inch up while market structure firms

Spot premiums for high sulphur fuel oil (HSFO) edged higher on Wednesday amid a stronger backwardated market structure. Intermonth spreads...
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KR, HD KSOE, HD HHI, KSS Line, and Liberian Registry Partner to Develop Safety Guidelines for Ship-to-Ship Ammonia Bunkering

A landmark partnership to develop the safety guidelines for ship-to-ship ammonia bunkering has been established through a Memorandum of Understanding...
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BIMCO launches Ship Recycling Alliance to help fuel change

BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of ships. The alliance will...
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Coal shipments to advanced economies heading for a 15-year low

“During the first 10 months of 2024, coal shipments to advanced economies fell 6% y/y. Import demand weakened, particularly in...
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Baltic index slips on lower capesize, supramax rates

The Baltic Exchange’s main sea freight index fell on Wednesday, snapping a six-session winning streak, hurt by falling rates across...
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Telemar announces agreement to install and maintain Sealution’s shipboard data collection technology

Telemar, the leading provider of smart maintenance and remote access technologies, has signed an agreement with Sealution to support plug-and-play...
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Crew change specialists Boers confirms commitment to Filipino seafarers

Leading provider of crew changes BCS Group – Boers Crew Services has expanded its operations to Manila as part of...
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ENGINE: East of Suez Bunker Fuel Availability Outlook

Singapore and Malaysia Bunker demand has risen in Singapore this week, according to a source. VLSFO availability remains tight, with...
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Höegh Autoliners and Fortescue join forces at COP29 in pursuit of green shipping

Norwegian shipping company Höegh Autoliners has joined forces with Australian green technology, energy and metals group Fortescue to call on...
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Asia Fuel Oil-Benchmarks dip while market eyes ample supply pool

Spot fuel oil benchmarks dipped on Tuesday, while the market kept an eye on ample supply into the coming weeks....
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ZeroNorth and Vitol launch digital bunker trial in port of Rotterdam

In a four-week trial using ZeroNorth’s electronic bunker delivery note solution, the parties seek to enhance efficiency and transparency while...
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EU can do it! Five simple steps to FuelEU Maritime compliance

Change is on the horizon. On 1 January 2025 FuelEU Maritime arrives, and with it a whole new approach to...
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Erma First Group Acquires Ecochlor To Lead The Global BWTS Market

ERMA FIRST GROUP has successfully completed the acquisition of Ecochlor, in a move that reinforces its position as a trusted...
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Lloyd’s Register Maritime Decarbonisation Hub joins call to accelerate adoption of zero-emission fuels by 2030 for a sustainable shipping future

Global industry leaders build on momentum from previous COPs to strengthen targets and commit to increasing the uptake of zero...
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