News Flash

UK-flagged Capesize bulk carrier aground, breached. Company Statement

The Zodiac Maritime operated vessel INDIAN PARTNERSHIP, in the Ceram Sea, while on course to China carrying bauxite ore, hit an...
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Global Shipping Companies Reduced Speeds Off California Coast To Protect Blue Whales And Blue Skies

Twenty three shipping companies participated in Protecting Blue Whales & Blue Skies vessel speed reduction program in 2022, contributing to cleaner air,...
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New Report Provides IMO with a Following Wind for Reducing GHG Emissions from Ships

In anticipation of the upcoming Marine Environment Protection Committee (MEPC) 80 meeting of the International Maritime Organization (IMO) in early...
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Yacht with Five Aboard Goes Missing in Red Sea

A private yacht with three Russians and two Egyptians on board has been reported missing in the Red Sea near the coast of...
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BW LPG signs first deal to fully support female cadets in India

Singapore shipowner BW LPG’s Indian joint veture is claiming a first after meeting the study costs of female cadets. BW...
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Marlink signs strategic partnership with NORMA Cyber to further enhance cyber protection of maritime industry

Marlink, the smart network and ICT solutions company, has signed a strategic agreement with NORMA Cyber to strengthen the cyber...
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World’s Largest Methanol Engine Marks “Unbelievable Achievement”

HHI-EMD – an MAN Energy Solutions two-stroke licensee – marks milestones in Korea with successful FAT of world’s largest methanol-powered,...
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First shipping contract with freight earnings linked to carbon dioxide emission reduction

KCC Chartering AS (“KCCC”), a subsidiary of Klaveness Combination Carriers ASA (“KCC”) and South32 Marketing Pte Ltd, a subsidiary of...
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Baltic index ticks up on firm capesize, supramax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Monday, aided...
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Indian, Russian Companies Sign Pact on Seaborne Transportation

D “The parties have plans to organize direct marine services from Mundra and Nhava Sheva ports to Novorossiysk and St....
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ONE CEO Says US-China Tensions Add to Global Trade Shifts

Political tensions between the US and China are contributing to lower container shipments between the world’s two largest economies, on...
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Hapag-Lloyd concludes acquisition of Indian terminal operator stake

The acquisition deal was inked in January 2023 when Hapag-Lloyd had made an agreement with an affiliate of Bain Capital...
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Filipino Sailors Can Serve On Canadian-Flagged Ships For The First Time Ever

The Philippines and Canada have reportedly signed a deal that has cleared the way for sailors from the Philippines to...
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Laker aground at the same spot she grounded year ago

Self-discharging bulk carrier KAYE E. BARKER ran aground at around 0950 LT Apr 24 at Muskegon Lake entrance fairway, Great...
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China, Philippines pledge to resolve maritime differences in South China Sea

1 / 6Chinese Foreign Minister Qin Gang, (right) and Philippine Foreign Affairs Secretary Enrique Manalo shake hands during the welcome ceremony...
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Maritime SaaS Platform Selects Spire Global as AIS Data Provider

Spire Global, Inc., a leading global provider of space-based data, analytics and space services, has been selected by Enqlare, a...
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Seafarers warned against rogue recruitment agents charging fees

Illegal demands for recruitment fees and withholding of vital travel documents are plaguing seafarers hoping to embark on a career...
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Geopolitics, container shipping rates and an ominous sign from Taiwan

A container ship sailing from Shanghai to Kaohsiung, Taiwan, travels just 600 nautical miles. A container ship sailing from Shanghai...
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Black Sea grain deal could start winding down next week ahead of ‘expected’ closure

A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said...
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Switch to green e-methanol would raise bunker costs by 340%

Following the cost forecasts publicised by Drewry two weeks ago, which have been widely circulated across the industry, we have...
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