News Flash
First-ever 200m long ship to dock at Patenga Container Terminal on 26 Feb
Meghna Group will inaugurate four of its ships at the Patenga Terminal on that day and a bulk carrier named...
Read More
Nor-Shipping Looks to Boost U.S. Presence with Kallman Worldwide & The USA Partnership Pavilion
Visitors to Nor-Shipping, 6-9 June 2023, will be able to get “a taste of the USA”, as the Oslo and...
Read More
DB Schenker and MSC seal important biofuel deal to help reduce supply chain emissions
DB Schenker is expanding its green ocean freight services and has secured an arrangement to use 12,000 metric tons of...
Read More
AI Tech is key to protecting whales from deadly collisions with ships
Up to 20,000 whales die in ship collisions every year, according to sustainable seafood and fisheries certifier Friend of the...
Read More
Talks on extending Black Sea grain deal start in a week – Ukraine
Negotiations will start in a week on extending a U.N.-backed initiative that has enabled Ukraine to export grain from ports...
Read More
EU prepares to sanction Russia’s ‘shadow fleet’ of oil tankers
The European Union is preparing new sanctions against shipping company SUN Ship Management Ltd, which helps Moscow with illicit oil...
Read More
Spot premiums, margins for VLSFO at one-month lows
Asia’s spot cash premiums and refining margins for 0.5% very low sulphur fuel oil (VLSFO) ended at a month’s low...
Read More
Phoenix Divers Aid Tanker With Propeller Damage At Port In Corpus Christi, TX
Phoenix International Holdings, Inc.’s (Phoenix) commercial ship husbandry division recently responded to a call from a 330-meter tanker that suffered...
Read More
Product tanker markets shift amid Russian sanctions: Scorpio Tankers
Refined product sanctions coming into play offer new destinations for Russian diesel with changing trade flows, according to a presentation...
Read More
Improved economic outlook, but growth still ‘subpar’
While pockets of resilience might be emerging, the International Monetary Fund predicts that the global economy will slow further in...
Read More
MRs Dominate Tanker S&P
MR secondhand sales have dominated the Tanker sale and purchase sector so far this year, accounting for 35% of Tanker...
Read More
Baltic index falls for seventh straight week
The Baltic Exchange’s main sea freight index edged higher on Friday but declined for the seventh straight week on lower...
Read More
WinGD targets predictive maintenance in cooperation with Bernhard Schulte Shipmanagement
Swiss marine power company WinGD has launched a pilot project for a new engine diagnostics solution that is tailored to...
Read More
Eastern Pacific Shipping and Value Maritime install first-of-its-kind fully integrated carbon capture solution onboard MR tanker M/T Pacific Cobalt
The pioneering project is a first for ocean-going vessels to date and aims to pave the way for industry-wide adoption...
Read More
Danish-operated tanker seeking new port after Spanish entry ban
Singapore-flagged tanker Maersk Magellan is looking for another location after being stopped from entering a Spanish port over an earlier...
Read More
VLSFO reverts to downtrend after short-lived strength
Asia’s spot cash premium for very low sulphur fuel oil (VLSFO) reverted to a softer trend on Thursday, giving up...
Read More
Fully Autonomous Ship Initiative Recognized by Japan’s Cabinet Office at Fifth Japan Open Innovation Prize Ceremony
On Feb 15, NYK and NYK Group companies Japan Marine Science Inc., MTI Co. Ltd., and Kinkai Yusen Kaisha Ltd....
Read More
Pioneering partnership to deliver innovative solution for floating wind industry
Tugdock Limited has announced a partnership with Sarens, the global leader and reference in crane rental services, heavy lifting and...
Read More
Divide Between Long-Term And Spot Rates Dissolves, As Shippers Look To Call Shots In Contract Negotiations
The latest data from Xeneta reveals a fundamental shift in the container market, with a rapid closure of the once...
Read More
Baltic index nears three-year low on lower capesize, panamax demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a near three-year...
Read More