News Flash
‘Not Norway, India should follow Chinese model for shipping and ports’, says Naveen Kolathur at THE WEEK Maritime Conclave 2024
Norway has created a separate bank just to promote the shipping industry. Singapore also has a successful model. But India...
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Start-up SeaO₂ secures €2+ million investment to extract 1 gigaton of CO₂ out of the sea by 2045
Dutch startup SeaO₂, specialising in innovative carbon (CO₂) removal technology from seawater, announces receiving €2+ million in new investments. Utilising...
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TORM plc capital increase in connection with delivery of one 2015-built MR vessel
With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc ("TORM") announced the acquisition of eight...
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Freight Investor Services launches enhanced FIS Live App V2
Freight Investor Services (FIS), a world-leading brokerage and service provider in freight and commodity derivatives, is excited to announce the...
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Bureau Veritas Awards Type Approval Certificate to Cold Pad for Bonded Mechanical Fastener C-Claw S-300
Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification, has issued a Type Approval Certificate...
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Kongsberg Maritime propulsion selected for new Peruvian Navy frigate programme
Kongsberg Maritime has a won a contract to supply its controllable pitch propeller systems for the first ship in the...
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Elizabeth Fire Department Completes Confined Space Rescue Training at APM Terminals Port Elizabeth
During the week of October 21, 2024, the Elizabeth Fire Department (City of Elizabeth, NJ) conducted critical confined space rescue...
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Menarini selects Kuehne+Nagel to deliver consumer healthcare across Türkiye
Menarini, a leading international pharmaceutical company, partners with Kuehne+Nagel for distribution services of pharma goods across Türkiye. Menarini leverages Kuehne+Nagel’s...
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Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg: Milestone for Sustainability & Efficiency
the “Hamburg Express” – the eponymous flagship of Hapag-Lloyd’s “Hamburg Express” class – was ceremoniously christened at the Container Terminal...
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The ACI (Advanced Cargo Information) implementation postponed by Libya Customs until further notice
This update follows the prior customer advisory on the Advanced Cargo Information (ACI) requirement for pre-registering shipment details for all containerized imports...
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Maersk Opens Its Largest Distribution Centre in the Philippines, Anchoring Customer Supply Chain in Crucial Transport Corridor
P. Moller – Maersk (Maersk), through Maersk Contract Logistics in the Philippines, inaugurated its largest distribution centre in the country...
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How to get more ship uptime, save fuel or cut emissions – guaranteed
It’s time to shift your focus from short-term fixes to long-term goals. Are you targeting uptime, fuel savings or lower...
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Global LNG market: Analysing trends and future prospects
Martin Cartwright is the Global Business Director for the gas carrier segment (LNG, LPG, ammonia, hydrogen, multi-gas) at DNV. With...
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Iron ore gains as markets await key China meeting
Iron ore futures swung to gains from losses on the first working day of the week as the market keenly...
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TORM plc capital increase in connection with delivery of one 2015-built MR vessel
With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM”) announced the acquisition of eight...
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Chinese ports container volume rises 7.7 % from January to September of 2024,Ningbo Containerized Freight Index decrease significantly in October 2024
From January to September of 2024, the container throughput of Chinese ports was 248.5 million TEU, a year-on-year increase of...
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India: Crude imports fall amid refinery shutdowns and West Asia tension
India’s crude oil imports in October declined to a 13-month low amid maintenance-related shutdowns at some refineries and the geopolitical...
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Asia Fuel Oil-Supply and demand fundamentals diverge, some Dec spot offers emerge
Asia’s fuel oil markets were mixed on Monday as supply and demand fundamentals diverged, while very low sulphur fuel oil’s...
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Russia’s October seaborne diesel exports hit 13-mth low, LSEG data shows
Russia’s October seaborne diesel and gasoil exports fell to their lowest level since September 2023 at 2.6 million metric tons...
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WAF VLCC market remains in the doldrums despite onset of fourth quarter
Rates for Very Large Crude Carrier voyages loading in West Africa have so far failed to mount a sustained recovery...
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