News Flash
Windward Launches its Shipment Analytics Dashboard to Optimize Supply Chain Decision Making and Exception Management
Windward, the leading Maritime AI™ company, announced today the launch of its Shipment Analytics Dashboard. The new dashboard, now available...
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MISC Expects Tight LNG Shipping Market Until the End of 2023
MISC is pleased to announce its financial results for the first quarter ended 31 March 2023. Financial Highlights: •Group revenue...
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Cash premium for VLSFO down for fourth session
The cash premium for very low sulphur fuel oil (VLSFO) in Asia softened for a fourth straight session on Wednesday,...
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Iran and Russia to Build “Sanction-Proof” Shipping Fleet of 20 Ships
Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sanctions, the Islamic Republic...
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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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Five inducted into International Maritime Hall of Fame in NYC
In a ceremony held at The Lighthouse at Pier 61 at Chelsea Piers in New York City, five global shipping and...
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Iran and Russia to Build “Sanction-Proof” Shipping Fleet of 20 Ships
Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sanctions, the Islamic Republic...
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Daibiru Group Medium- to Long-Term Management Plan 2035 ‘‘BUILD NEXT.’’ Formulated
DAIBIRU CORPORATION., a member of the Mitsui O.S.K. Lines Group have formulated the new Daibiru Group Medium- to Long-Term Management...
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ENGINE: East of Suez Bunker Fuel Availability Outlook
Singapore A source says that “demand started slow” in Singapore this week but “then picked up.” Availability remains tight for...
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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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