News Flash
DP World world cut total global carbon emissions by 5% in 2022
“At DP World, we believe in enabling resilience, and building a smart and sustainable future that generates long-term societal impact....
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The Port of Gothenburg signs sister port agreement with the Port of Shenzhen
The agreement was signed during a visit to the Port of Gothenburg by a delegation of 20 people from Shenzhen...
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Russia signals end to Black Sea grain deal in July if demands not met
Russia signaled on Thursday that if demands to improve its grain and fertilizer exports are not met then it will...
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Keppel intensifies efforts in the development of green hydrogen and ammonia production for use in Australia and export to Asia
Keppel Corporation is intensifying its efforts in the production and use of green hydrogen and ammonia as low-carbon energy sources...
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Baltic index logs worst week in 4 months as rates across vessels fall
The Baltic Exchange’s main sea freight index logged its worst weekly decline in more than four months on Friday, weighed...
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ClassNK Innovation Endorsement Granted For Inmarsat’s Fleet Secure Endpoint
ClassNK has granted its Innovation Endorsement to Inmarsat’s Fleet Secure Endpoint, verifying the solution’s fulfilment with functional elements that support...
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Lloyd’s Register drops ships of top Indian carrier of Russian oil
Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine...
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Erik Thun takes a climate leap to reduce emissions
As part of our climate transition and in order to further reduce greenhouse gas emissions, the Erik Thun Group is...
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‘I’m not sure history has ever seen this before’: Top CEOs on what they expect next from the economy
The CEO of bond investing giant TCW Group, Katie Koch, heard what she wanted to hear at this week’s CNBC...
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Ministry and sea ports move to expand shore power
The Ministry of Infrastructure is allocating €140 million over the next few years to help realise shore power plants in...
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Shipbuilding – Ship prices rising on energy transition and stricter regulations
Investment points for the shipbuilding sectors include: 1) rising newbuilding prices; and 2) order backlog growth (sales basis). In 2023,...
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VLSFO steadies; Singapore inventories ease further
Asia’s very-low sulphur fuel oil (VLSFO) market steadied on Thursday after sliding over the last four sessions, while onshore inventories...
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Future Proof Shipping launches first hydrogen-powered inland container ship
On 25 May, Dutch shipping company Future Proof Shipping (FPS) officially launched the first hydrogen-powered zero-emissions inland container ship, H2...
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The power of partnership – Euronext, Oslo Børs and Norway’s maritime cluster
The ringing of the Oslo Børs bell on Monday 5 June will be heard throughout the global ocean industries. A...
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MABUX: Bunker Prices Could Keep Retreating Next Week
Over the Week 21, the global MABUX bunker indices turned into an upward trend. The 380 HSFO index experienced a...
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Nikolaus H. Schües elected BIMCO president
BIMCO, the world’s largest shipping association, has elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz as President...
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ICS calls on governments to set the course towards a net zero future in July
The International Chamber of Shipping (ICS) has submitted detailed well-thought through proposals to the next round of IMO negotiations. These...
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Charter Parties Holding Back Industry Decarbonization Efforts: White Paper Launched by Nautilus Labs and BIMCO
Nautilus Labs, the technology partner pioneering the decarbonization of the ocean supply chain, and BIMCO, the world’s largest international shipping...
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Canada natgas exports to US back at levels seen before Alberta wildfires
Canadian natural gas exports to the U.S. this week returned to levels seen before wildfires in Alberta and other western...
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Russia energy exports to China to grow by 40 percent: deputy PM
Russian energy deliveries to China were set to grow by 40 percent this year, Deputy Prime Minister Alexander Novak said...
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