News Flash

Viasat Completes Acquisition of Inmarsat Transaction Creates a New Global Partner in Satellite Communications

Viasat Inc., a global communications company, today announced the completion of its acquisition of Inmarsat. The combined company enhances our...
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Minerva Bunkering Launches Service in the Suez Canal and Egyptian Ports

Minerva Bunkering has completed its first ten bunker deliveries in Egypt, including to Hafnia’s MV Hafnia Azurite and Cargill Ocean...
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Shipping industry’s future fuels transition is cost-prohibitive without the adoption of clean technology, says Nippon Paint Marine

The potential cost implications of future fuels will slow the energy transition without the adoption of proven, clean technologies that...
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Thenamaris to install Starlink LEO internet solution within Marlink smart hybrid network

Marlink, the smart network and digital solutions company will support shipmanager Thenamaris in its digital business transformation with the integration...
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Allianz: Shipping losses hit a record low in 2022, but jump in fires, shadow tanker fleet and economic uncertainty pose new safety challenges

Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. Improvements have been significant over...
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ABB unveils revolutionary propulsion concept to significantly increase ship efficiency

ABB today introduced ABB Dynafin™, a new concept representing a revolutionary propulsion system breaking new ground for efficiency in the...
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New report of 373 pilot projects reveals highly collaborative approach to decarbonising shipping

A new report from the Global Maritime Forum has identified 373 pilot projects globally focusing on ship technology, fuel production,...
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Western Insurers, Class Societies Cut Off Russian Oil Carrier Gatik

Gatik Ship Management has emerged as one of the leading players in the Russian oil shipping market, specializing in moving...
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OPEC will welcome Iran’s full return to oil market when sanctions lifted -secretary general

OPEC will welcome Iran’s full return to the oil market when sanctions are lifted, the secretary general of the Organization...
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Columbia Group opens up in Istanbul

The Columbia Group has underlined its commitment to the burgeoning Turkish maritime cluster by opening an office in Istanbul. CSM...
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Pakistan to receive Russian Urals crude for first time in small batches early June

Pakistan is scheduled to receive around 750,000 barrels of Urals crude over the coming days, which would mark the South...
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Freight Industry Must Resist The Tidal Wave Of Drug Smuggling

In the past two months, since the beginning of April, yet more examples of criminal gangs utilising the complexity of...
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Lauded for ‘self confidence’, who snapped up Russian oil defying the superpower?

India’s oil purchases from Russia have risen sharply after the invasion of Ukraine in February 2022, with total imports reported...
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Drewry: Port Throughput Index Rose 5.4% in March

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data...
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Cash premiums for VLSFO steady, sentiment subdued

Asia’s very-low sulphur fuel oil (VLSFO) markets remained steady on Tuesday for a second straight day amid muted trading activity...
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Methanol Institute publishes first complete guide to methanol as a marine fuel

The Methanol Institute (MI) has published the first comprehensive guide to methanol as a marine fuel. As the shipping industry...
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Baltic dry bulk index extends slide for 13th Day

The Baltic Exchange’s main sea freight index of shipping rates for dry bulk commodities fell for the 13th straight session...
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CoolCo set for top fleet performance with BASSnet Vetting & HSEQ software

Cool Company Ltd (‘CoolCo’), the leading LNG shipping company listed on the stock exchanges in New York and Oslo, is...
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Saudi diesel imports from Russia, exports to Singapore hit records

Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn...
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Port Canaveral is the first US seaport to provide LNG bunkering

Port Canaveral in Florida, a major home port for cruise vessels, is the first US port to provide LNG bunkering...
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