News Flash

Chinese Shipping Giant COSCO Sees Stronger 9-Month Profit

COSCO SHIPPING Holdings Co Ltd (SS:601919), the listed arm of the eponymous shipping giant, on Tuesday forecast a stronger net...
Read More

Ukraine grain backlog prompts U.N. call for faster ship checks

With nearly 100 grain-laden ships reaching towards the horizon off Istanbul, the U.N. official overseeing exports from Ukraine is asking...
Read More

MENAS awarded a project to survey important Aids to Navigation in Bahrani waters

The Middle East Navigation Aids Service (MENAS) has signed an agreement with the Bahrain Ports and Maritime Affairs (PMA) to...
Read More

Container Slowdown Has Low Impact on Chinese Lessors’ Ship-Leasing Business

Falling container freight rates may pose near-term asset quality and residual value risk to some Chinese leasing companies that have...
Read More

Dumping of sewage sludge at sea to be prohibited worldwide

Parties to the treaties which regulate the dumping of wastes at sea have adopted an amendment to ensure that the...
Read More

Ship Owners “Stock Up” on More Second Hand Vessels

Ship owners’ “appetite” for more second hand vessels continued unabated during the past week. In its latest weekly report, shipbroker...
Read More

India’s Adani in talks with investors to raise $10 billion

Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC,...
Read More

Iran’s Revolutionary Guards maritime forces seize foreign ‘fuel-smuggling ship’ in Gulf, says state media

Iranian naval forces on Saturday seized a foreign ship for allegedly smuggling fuel in the Gulf. The ship’s crew members...
Read More

ShipMoney and V.Group form strategic partnership to digitalise crew and corporate payments

ShipMoney has announced a new long-term strategic partnership with V. Group to digitalize its seafarers’ payroll system, ensuring a more...
Read More

On ‘World Mental Health Day’ Hanseaticsoft calls for shipping companies to help break the stigma of mental health

Following World Mental Health Day (10th October) Alexander Buchmann, Managing Director at Hanseaticsoft GmbH, part of Lloyd’s Register’s Maritime Performance...
Read More

Project Zero wins funding in Clean Maritime Demonstration Competition Round 2

A research and development project to demonstrate the technical and economic feasibility of achieving zero emission operations in offshore survey...
Read More

Mediterranean markets face ‘potential feeder containership shortage’

Dedicated newbuild contracting by regional Mediterranean owners will have to increase in the coming years to replace ageing vessels removed...
Read More

Tidal wave of new container ships: 2023-24 deliveries to break record

Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they order a lot of new vessels. When...
Read More

Asia freight rates seen firmer in Q4 despite OPEC+ output cut

Dirty and clean tanker freight rates are expected to be firm in the October-December quarter amid higher seasonal demand, alternative...
Read More

Worldwide industrial price pressures rise as higher energy costs and strong dollar offset impact of cooling supply chains

The global manufacturing PMI survey found average input costs rising at an increased rate for the first time in five...
Read More

Indian exporters keeping fingers crossed as recession clouds loom over EU

Exporters are keeping their fingers crossed due to “visible” recessionary trends in the European Union (EU) as it could affect...
Read More

New shipping service connects Gulf-India

A circular service connecting Hamad Port with India, Gulf–India Express 2 (GIX2), has started operations, a move that ought to...
Read More

Suez Canal revenues hit $2.1bn in Q3, highest quarter in history: Egypt Cabinet

Suez Canal revenues increased in the third quarter of this year by 23.5 percent year-on-year to hit $2.1 billion —...
Read More

Paperless Electronic Trading Systems: Update to TradeLens Terms and Conditions

Version dated 24 February 2021 – Previously Approved The International Group had previously approved TradeLens’ RuleBook and Service Description version...
Read More

Privatization of HMM depends on market, industry situations: ocean minister

The possible privatization of HMM Co. will depend on the stock market and situations in the shipping sector, the country’s...
Read More
1 241 242 243 244 245 474