News Flash

“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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Squire Patton Boggs partner with The Baltic Exchange and launch Vessel Sale & Purchase Transaction Closing

Squire Patton Boggs (SPB) has partnered with The Baltic Exchange to provide a vessel sale & purchase (S&P) transaction closing...
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Parties Obtain World’s First AiP for Ammonia Floating Storage and Regasification Barge

NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI) (hereinafter “the parties”) received an Approval in Principle (AiP)...
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ZeroNorth acquires bunker supplier software provider BTS, propelling digitalisation and decarbonisation of the marine fuel industry

Technology company ZeroNorth has today announced that it has acquired BTS PTE Ltd., a software platform for marine fuel suppliers,...
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GCMD-led consortium successfully completes trialling two supply chains of sustainable biofuels

The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed trialling two supply chains of biofuel blends sourced from different...
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P&O Ferries To Strengthen Key Trade Link Between Belgium And The UK With New Sailings

P&O FERRIES is joining forces with Finnlines to boost the flow of trade between Belgium and the UK by introducing...
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Cyprus and UK sign MoU to increase cooperation in shipping

The Cyprus Shipping Deputy Ministry (SDM) and the Department for Transport of the United Kingdom of Great Britain and Northern...
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The 2021 surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation

It bears remembering that, as recently as the second half of 2021, the Federal Reserve considered that the surge in...
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Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Asterix I’

Capital Product Partners L.P., an international owner of ocean going vessels, today announced the successful delivery of the LNG carrier...
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