News Flash
Canada tightens ballast water regulations
Canada’s Minister of Transport Omar Alghabra last week announced funding of C$12.5m ($9.2m) to launch the Ballast Water Innovation Program,...
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Shipping Industry Urges UN to Help Free Seafarers Trapped in Ukraine
The maritime industry is urging the United Nations to help free hundreds of seafarers and dozens of ships that remain...
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Hong Kong To Become An International Maritime Centre With $2.5 Million Budget
On Wednesday, February 22, Paul Chan, the Hong Kong Financial Secretary, revealed that the country is trying to boost regional...
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MCA approves demerger of core and non-core assets of Shipping Corp
The Ministry of Corporate Affairs (MCA) on Thursday issued an official order approving the proposed demerger of the core and...
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General cargo ship broke in two, sank, 11 crew missing, Russia
General cargo ship SEAMARK loaded with some 3,000 tons of marble chips broke in two and either sinking or already sank, at Novorossiysk...
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Possible Fake ITCO Membership Invoices: Be very careful
This is Kate from ITCO. Please read this email carefully, as it contains important information. We have discovered that, once...
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Shreyas Shipping signs MoU to acquire one container vessel
The leading player in the container feeder operations segment posted a 24.48 percent decline in its net profit for the...
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LR and Icebreaker One announce a research programme to drive investment in net-zero shipping
Lloyd’s Register (LR) has announced a new research project with Icebreaker One, an independent, non-profit organisation which aims to support...
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“K” LINE Conducts Trial Use of Marine Biofuel on Capesize Bulker to Help Decarbonize the Shipping Industry
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that we have conducted the trial use of B24 marine...
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Ukraine’s dry bulk exports have plunged 77.8% during one year of war
“On Friday 24 February, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from...
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Baltic index jumps to over 3-week high on higher vessel rates
The Baltic Exchange’s main sea freight index jumped to the highest in more than three weeks on Wednesday, as rates...
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Newbuilding Orders Pick Up
The newbuilding market has picked up the pace during the past week, while a significant number of deals was reported...
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Government to amend law for mandating foreign ship owners pay provident fund to Indian seafarers
Foreign ship owners will have to pay provident fund, gratuity and pension to the Indian crew they hire to run...
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Back India, Seychelles sign pact on information sharing in maritime security
In order to further the existing cooperation in the realm of maritime safety and security, IFC-IOR signed an MoU on...
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Bangladesh to start pipeline gasoil imports from India in March, says BPC chairman
Bangladesh is set to import 0.005% sulfur gasoil from India via the maiden oil pipeline connecting the two countries from...
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BSM partners with ISWAN to provide company-wide Maritime Mental Health Awareness training to crew
The International Seafarers’ Welfare and Assistance Network (ISWAN) will deliver its Maritime Mental Health Awareness (MMHA) training to 3,500 officers...
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Albania Seizes Liberia-Registered Ship Carrying Suspected Russian Oil
Albanian police in the coastal town of Durres on Monday along with other law enforcement agencies blocked a Liberian-registered ship...
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Hai Long Offshore Wind Signed Transport and Installation Contract for Cables with Seaway7
Hai Long Offshore Wind Project is pleased to announce that it has signed the contract for the transport and installation...
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Dutch intelligence warns of Russian sabotage against its key maritime, energy facilities
Russia is looking to target vital Dutch maritime and energy infrastructure in the North Sea, the country’s military intelligence warned...
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Isle of Man Ship Registry strikes new deal with Singapore ship owner
The Isle of Man Ship Registry (IOMSR) is growing its fleet and extending its relationship with Singapore-based ship owner Peninsula...
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