News Flash

The Fourth Round of the Clean Maritime Demonstration Competition (CMDC4) was announced.

The UK government has today announced a substantial commitment of £34 million in funding to support the maritime sector’s development...
Read More

Asia-US container rates tick lower; Canada port strike enters 7th day.

Rates for shipping containers from east Asia and China to the US continue to fall amid soft demand for goods,...
Read More

World Shipping Council: MEPC 80 climate targets must be followed by robust regulation.

At MEPC 80, IMO member nations met the shipping industry’s call for action on climate, setting a target of net-zero...
Read More

Euroseas Ltd. Announces Delivery of M/V Terataki, an Eco 2,800 teu Feeder Containership Newbuilding, and Commencement of the Vessel’s Charter

Euroseas Ltd., an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today that...
Read More

China miners seek coal import curbs to ease a glut

China’s coal inventories are so bloated and coal prices so depressed that some of the country’s miners have cut production...
Read More

Canadian port strike talks resume, supported by federal mediators

Talks in Pacific Canada between striking dock workers and their employers have resumed after four days away from the negotiation...
Read More

Panama Ship Registry becomes a member of the Qualship21 Program for the first time in 20 years.

The Panama Maritime Authority (AMP), the entity overseeing the Panama Ship Registry received a letter of approval from the United...
Read More

IMO agrees on net-zero goal, confirms GHG pricing and new fuel rules development

The International Maritime Organization announced on July 7 tightened decarbonization targets for shipping, as well as confirming the development of...
Read More

Maritime transport emissions: Commission welcomes new IMO climate ambition for 2030, 2040 and 2050 and calls to set transition in motion

The levels of ambition and indicative checkpoints take into account the lifecycle GHG emissions from marine fuels with the objective...
Read More

PSA becomes the new shareholder of Duisburg gateway terminal Gmbh

PSA International Pte Ltd (PSA), headquartered in Singapore, has signed agreements to acquire a 22 percent minority stake in Duisburg...
Read More

Agreement for methanol main engine retrofit solutions signed

MAN Energy Solutions has signed a Conversion Commitment Agreement with Seaspan Corporation (Seaspan), a global leader in containership ownership and...
Read More

Suez Canal Announced Tariff Reduction for Chemical Tankers

For further enhancing the mutual benefits of both the Suez Canal Authority and its clients, as well as to promote...
Read More

Iron ore flat as China steel curb woes offset optimism around stimulus hopes.

Iron ore futures struggled for firm direction on Thursday, as worries about steel production curbs in China offset optimism about...
Read More

OPEC upbeat over 2024 oil demand outlook despite the slowdown

OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook...
Read More

Arab Maritime Petroleum Transport Company Partners with StormGeo for Enhanced Environmental Performance and Compliance

Arab Maritime Petroleum Transport Company (AMPTC) has implemented StormGeo’s cutting-edge environmental performance management solution across its entire fleet to effectively...
Read More

Romanian port key for Ukraine grain faces overflow as Black Sea deal on edge

Ukraine’s on-off Black Sea grain deal has made the nearest port of Constanta in neighboring Romania a key alternative that...
Read More

Erma First Launches Flexcap for Improved CII And EEXI Performance

ERMA FIRST, a globally leading sustainable maritime solutions provider, has launched a new energy-saving device (ESD) that promises reduced fuel...
Read More

Baleària plans to stop emitting almost 80,000 tonnes of CO2 by the end of the year thanks to the use of natural gas

In recent weeks, Baleària has increased the consumption of natural gas on its ten dual-engined ships to one hundred percent....
Read More

Baltic index steady as larger vessels snap losing streak

The Baltic Exchange’s main sea freight index was little changed on Thursday as the capesize and Panamax segments snapped their...
Read More

Global liquefied natural gas trade volumes set a new record in 2022

In 2022, global trade in liquefied natural gas (LNG) set a record high, averaging 51.7 billion cubic feet per day...
Read More
1 204 205 206 207 208 539