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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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....
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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...
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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...
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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...
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