News Flash

Indian Register of Shipping (IRS) selects Dassault Systèmes to drive digital transformation and boost efficiency

Leading international ship classification society Indian Register of Shipping (IRS), has entered into a collaboration with Dassault Systèmes to leverage...
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SeaLead Launches New Australia to Indian Subcontinent Service New Service Offers Faster Transit and Increased Capacity For Shippers

SeaLead Shipping is pleased to announce the launch of a new Australia to India Subcontinent (ASIA) service, connecting major ports...
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Iran, Venezuela launch direct shipping line

Iran and Venezuela have launched a direct shipping route to enhance trade ties amid U.S. sanctions, the Iranian embassy in...
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Seatrade Maritime collaborates with DSAA to reinforce the development of Dubai’s shipping industry

Seatrade Maritime and the Dubai Shipping Agents Association (DSAA) have signed a Memorandum of Understanding (MoU), aimed at supporting and...
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The rise of crude tanker ‘cannibals’ in wake of Russia-Ukraine war

The Ukraine-Russia war has rerouted crude tanker flows over the past year, equating to higher profits for shipowners. But the...
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India’s GAIL looks to import ethane via VLECs

GAIL, India’s primary gas pipeline operator, is seeking to revolutionise its petchem facilities by replacing current feedstocks with ethane imported...
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‘Colossal’ tidal wave of new container ships about to strike

Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will...
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Bullish Q4 2022 trade flow shifts are ‘durable’ for midsize tanker freight through 2023: Teekay

After seeing historically high levels in the fourth quarter of 2022 due to trade-flow shifts resulting from the Russia-Ukraine conflict...
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Container Ship Refloated In Suez Canal After Breakdown

A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has resumed...
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China’s shipyards greet growing orders thanks to edge in technology, capacity

In January this year, a total of 17 new orders for pure car and truck carriers (PCTC), with 510,000 deadweight...
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Shandong ports, important nodes witnessing BRI growth, open logistic corridor

This year marks the 10th anniversary of the China-proposed Belt and Road Initiative (BRI), a global cooperation platform that demonstrates...
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MOL Unveils Marine Debris Collection Ship and Demonstrates Coastal Debris Collection Device on the coast of Bali, Indonesia

Mitsui O.S.K. Lines, Ltd. announced that on March 1, on the coast of Bali, Indonesia, it unveiled a marine debris...
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Hapag-Lloyd CEO says he is optimistic about shipping development in India

German container liner Hapag-Lloyd sees great opportunity in India where containerisation levels are still low, chief executive Rolf Habben Jansen...
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SSES & Avenir LNG have successfully delivered bonded LNG to zims first LNG fueled containership in Yangshan port Shanghai

On March 2, 2023, Shanghai SIPG Energy Service Co.,Ltd. (SSES) a subsidiary of Shanghai International Port Group (SIPG) & Avenir...
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The Republic Of Panama And The Kingdom Of Belgium Strengthen Their Links In The Maritime Area By Signing 3 Letters Of Intent

The Republic of Panama, through the Minister of Maritime Affairs, Noriel Arauz, and the Kingdom of Belgium, represented by the...
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The International Chamber of Shipping continues to grow with Luxembourg and Brazil joining the global shipowners’ association

The International Chamber of Shipping (ICS), representing over 80% of the world’s merchant fleet, is pleased to announce FEDIL Shipping,...
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Russia says West is ‘burying’ Black Sea grain deal

Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates...
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Eagle Bulk Shipping Inc. Stays Positive on Dry Bulk Market’s Fundamentals

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the midsize drybulk vessel segment, reported financial results for...
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Singapore bunker premiums set for bumpy recovery in March

Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in Singapore, the world’s...
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Global Clean Tanker trade from Russia climbs

Ahead of the sanctions on Russian Clean products that came in to force on 5th February 2023, Russia to global...
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