News Flash

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;...
Read More

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)...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

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...
Read More

Saudi Arabia crude exports edge higher in March

Saudi Arabia’s crude oil exports rose marginally in March from the previous month, data from the Joint Organisations Data Initiative...
Read More

MABUX: Bunker Prices Could Retreat Further Next Week

In Week 20, the global MABUX bunker indices declined moderately. The 380 HSFO index dropped by 1.48 USD to 477.66...
Read More

US, UK, others seek to target illicit oil shipping transfers at sea

The U.S., UK, Denmark and other countries have called for more action, including increased surveillance, over the booming practice of...
Read More

Women in Maritime day: networks for gender equality

The second International Day for Women in Maritime, on 18 May 2023, seeks to highlight the importance of collaboration and...
Read More

MSC Aurelia Concludes Its Humanitarian Mission, Captain Given Recognition Award

After a pair of earthquakes in southeastern Turkey caused extensive destruction and left millions of individuals needing temporary shelters, several...
Read More

Chinese Fishing Vessel Capsizes In Indian Ocean, 39 Missing

About 39 seamen, including five Filipinos, have been missing since their Chinese fishing vessel submerged in the Indian Ocean, per...
Read More

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...
Read More

MSC and CMA CGM Out in Front in Box Fleet-Building Race

MSC’s phenomenal growth over the past two years has largely been driven by acquisition of second-hand containerships, while rival CMA CGM is...
Read More

BIMCO Predicts Unprecedented Surge in Ship Recycling

The global maritime industry is set to witness an extraordinary surge in ship recycling activities over the course of the...
Read More

Multinational Search for 39 Missing Crew on Capsized Chinese Longliner

A multinational search is underway in the Indian Ocean for the crew of a Chinese longliner that capsized with a...
Read More

US supply chain woes shift and persist in 2023

The U.S. supply chain is healing from early pandemic shocks that sent shipping costs sky rocketing and squeezed supplies of...
Read More
1 180 181 182 183 184 494