News Flash

Tanker shipping stocks sink despite talk of looming rate boom

Listed tanker owners are raking in profits and doling out hefty dividends. The tanker orderbook, despite a flurry of recent...
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New study finds 15 key pain points for women at sea

The new qualitative study from the Global Maritime Forum and the All Aboard Alliance contains a wide spectrum of perspectives...
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Baltic index extends gains on strong capesize demand

The Baltic Exchange’s main sea freight index extended gains for a second-straight session on Thursday, supported by higher rates for...
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High-level delegations from India and EFTA meet to boost bilateral trade and economic partnership

Ministers and high-level representatives from India and the European Free Trade Association (EFTA) States (Iceland, Liechtenstein, Norway, and Switzerland) gathered...
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CMA CGM Announces Overweight Surcharge For Dry Cargo From Asia & India East Coast To Nigeria

CMA CGM has announced the following Overweight Surcharge (OWS) update: Effective April 28th, 2023 (loading date): From China, South East Asia,...
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India Will Pay Tk 220 per Tonne for Transportation of Goods through Mongla and Chittagong Ports

Apart from this, document processing fee of Tk 30 per consignment, container scanning fee of Tk 254 and escort charge of...
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Germany Steps Up LNG Imports Over Fears of Pipeline Attacks

Germany plans to at least double its import capacities for liquefied natural gas on the Baltic Sea island of Rügen...
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IMO Working Towards Regulatory Framework for Autonomous Shipping

The International Maritime Organization (IMO) continues its work to develop a regulatory framework for autonomous ships in response to rapidly...
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MCTC launches new Galley Inspection Course to ensure the highest standards of hygiene and cleanliness onboard vessels

International catering management specialist MCTC has underlined its commitment to maintaining high standards of food preparation and quality onboard by...
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Russia renews threats of abandoning the Black Sea Grain Initiative, the UN-backed deal that helped reopen Ukraine’s ports

The basic food security of tens of millions across the globe is hanging by a thread as Russia mulls whether...
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DNV joins Standards working group on methanol bunkering as interest in low-carbon fuels for shipping surges

DNV has joined a working group on methanol bunkering, managed by the Standards Development Organisation at Singapore Chemical Industry Council...
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Baltic index ticks up as higher capesize rates offset dip in smaller vessels

The Baltic Exchange’s main sea freight index edged up on Wednesday as higher rates for capesizes outweighed declines in smaller...
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India Supplies “Green Ships” To EU And US, Aims To Become Global Shipping Hub

Like transporting coals to Newcastle, India has now started supplying indigenously built “green ships” to shipbuilding nations like Norway, the...
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New helpline of the MACN launched to tackle maritime corruption in India

Seafarers, ship owning / managing / operating companies and their agents can now report incidents of corruption in Indian ports...
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One Dead, Two Injured in Trawler Fire in Iceland

A fire aboard a trawler in the harbor at Njardvik, Iceland claimed the life of one crewmember and left two others...
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General cargo ship collided with wind turbine, damaged, North sea

General cargo ship PETRA L collided with wind turbine at Godewind wind farm, NW of Norderney, Germany, North Sea, at around 1800...
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World’s Largest Very Large Gas Carrier (VLGC) Unveiled In Shanghai

One day before it was supposed to be delivered to its owner Petredec Global in Singapore, the largest Very Large...
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Warner Bros. Declares Production Of New Original Series – The Maritime Masters

Warner Bros. Discovery has reportedly produced and is all prepared to launch a brand new docu-series dubbed Maritime Masters: Expedition...
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Europe’s Economic Outlook Improves, Container Logistics Companies Struggling

Europe’s economic rebound is mixed as the service sector bounce back is the biggest since 2009 while the manufacturing sector...
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A*Star Establishes Centre For Maritime Digitalisation With Flagship Research Programme To Deploy Ai Technologies In The Maritime Industry

The Agency for Science, Technology and Research (A*STAR) has established a Centre for Maritime Digitalisation (A*STAR’s C4MD) to develop advanced...
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