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Sohar Port and Freezone reports strong results for 2022 third quarter

Sohar Port and Freezone has announced strong results for the third quarter of 2022 as the Port throughput (export &...
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Calabar Port receives largest tonnage of single general cargo vessel

The concerted efforts of the Mohammed Bello Koko-led Management of the Nigerian Ports Authority at growing the fortunes of the...
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Adani Ports and SEZ handles total cargo volume of 25.3 MMT in Nov’22

Adani Ports and Special Economic Zone (APSEZ) said that it handled a cargo volume of approximately 25.3 million metric tonnes...
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Lloyds List features Dr. Anil Sharma as a shipping industry leader

Dr. Anil Sharma, President and CEO of GMS, has, for the thirteenth straight year in a row, been listed in...
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Jamaica celebrates its role at the heart of maritime regulation as it launches its campaign for IMO re-election

Jamaica underscored the importance of being at the heart of international maritime regulation by holding a reception in London to...
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74% of Freight forwarders from Asia affirm market opportunity for Shipper owned containers in the region: Container xChange Survey

The market opportunity for Shipper-owned containers (SOCs) is recognized by 74% of freight forwarders as surveyed by Container xChange. Pudong...
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Wärtsilä Cargo Handling and Fuel Supply Systems selected for world’s largest LPG/Midsize gas carriers

The efficiency and advanced design of the technology group Wärtsilä’s Cargo Handling and LPG Fuel Supply systems have again been...
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Russia assembles a ‘shadow fleet’ of more than 100 oil tankers as Putin tries to bust western sanctions, report said

Russia has assembled a “shadow fleet” of more than 100 oil tankers in a bid to bust western sanctions imposed...
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Baltic index flat as panamax gains offset capesize losses

The Baltic Exchange’s dry bulk sea freight index was little changed on Monday as gains in the panamax segment were...
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LR authorised to carry out certification activities for non-SOLAS ships in Italy

Lloyd’s Register (LR) has been awarded the status of a Notified Body by the Italian Ministry for Infrastructures, with the...
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Indian state will proceed ‘no matter what’ with protest-hit Adani port-minister

India’s Kerala state will proceed “no matter what” with a $900 million port project and is open to deploying federal...
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Venezuelan oil exports flow using false documents, ships linked to Iran

When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates...
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EU’s ETS for shipping to start from 2024, include methane in emissions accounting

EU institutions have reached a preliminary agreement on how to extend its Emissions Trading System to cover shipping after months...
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Container shipping rates still sinking, no sign yet of market floor

So much for the theory that container lines are a nefarious cartel that can control freight pricing — spot rates...
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Urals oil discount widens as freight rates for Russian oil jump – traders, Reuters calculations

Russian Urals oil’s discount to dated Brent have widened significantly, under pressure from record high freight rates for tankers carrying...
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Tankers In Correction Mode This Week

Clean The Atlantic front and backhaul has been active with TC2 Cont-USAC 37,000mt CPP rising over WS24 in the week...
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Dry Bulk Market: Positive Signs Are Starting to Emerge

Capesize The Capesize market was in a ‘one step forward, two steps back’ mode this week. The average of the...
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UN climate talks on shipping: short-term action urgently needed

Civil society groups call for an urgent adoption of short-term emission reduction targets for global shipping at the UN, ahead...
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Product Tankers Set to Benefit the Most from a Ton-Mile Increase From Latest Round of Sanctions on Russian Oil

The latest round of sanctions on Russian oil is bound to offer yet more support to the product tanker market....
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MABUX Expects Extreme Volatility for Bunker Prices Next Week

Over the Week 48, MABUX global bunker indices, as expected, continued their firm decline. The 380 HSFO index fell by...
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