News Flash

Bright future seen ahead for Sino-Greek shipping cooperation

A bright future lies ahead for Sino-Greek cooperation in shipping, Chinese and Greek speakers told an event at Greece’s Piraeus...
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AP Moller-Maersk integrates Africa, West and Central Asia into Indian subcontinent region

Logistics and shipping services company, AP Moller-Maersk (Maersk), has announced the integration of West & Central Asia and Africa regions...
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China’s Fuzhou Port sees first export of Europe-bound NEVs

A total of 2,011 vehicles on board a roll-on-roll-off ship left Jiangyin terminal in east China’s Fuzhou Port for Europe....
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Anglo-Eastern enhances fleet performance using Wärtsilä’s integrated CII tool

The technology group Wärtsilä has delivered the CII Dashboard within its Fleet Optimisation Solution (FOS) to 530 vessels in Anglo-Eastern’s...
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Shipping companies are investing more into crews’ health and nutrition, says leading catering management provider MCTC as company expands and moves offices

The wellbeing of crew members is becoming more important to shipping companies says leading catering management provider MCTC, as firm...
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VLSFO rebounds following one-month downtrend

The spot 0.5% very low sulphur fuel oil (VLSFO) market in Asia rebounded on Tuesday after trending lower since early-February....
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AWOS launched for women seafarers

Hong-Kong headquartered and world’s leading ship management company, and also a major employer of Indian seafarers, Anglo-Eastern Group has launched...
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The Republic Of Panama Signs Important Agreements With The Republic Of Antigua And Barbuda

The Republic of Panama represented by the Panama Maritime Authority (AMP) signed significant Memorandums of Understanding (MOU) with the Republic...
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The Bahamas is once again amongst the first members of the IMO Council to present its annual IMO member state assessment payment

On 27 February The Bahamas continued its long-held tradition of making its annual member state assessment payment to the International...
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Baltic index extends gains on stronger capesize demand

The Baltic Exchange’s main sea freight index extended gains to a 13th straight session on Tuesday, as the index tracking...
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Container shipping market yet to bottom as spot rates keep slipping

Xeneta CEO Patrik Berglund said in late November that if spot rates had not stabilized and started to rise again...
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To secure maritime supply chains, India to boost domestic shipbuilding industry

The Indian government is implementing a programme that will increase the government’s support for domestic shipbuilding. The authorities in New...
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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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