News Flash

Dry bulk market seen set to remain invested in traditional bunker fuels for next 5 years

Despite the push for decarbonization and alternative carbon-neutral fuels in the maritime sector, only a third of dry bulk shipping...
Read More

Spot rates out of Far East almost 2000 USD cheaper per FEU than long-term rates in dramatic turnaround

The ocean freight rates landscape in the Far East has been completely redrawn since the start of the year, with...
Read More

PPA S.A.: Infrastructure upgrade and reconstruction works at the Perama Ship Repair Zone successfully completed

PPA S.A. announces the successful completion of large-scale infrastructure upgrade works at the Eastern side of Pier II at the...
Read More

India Debates Specific Law For Maritime Piracy

A bill that seeks to come up with a law to adequately deal with piracy in international waters was reportedly...
Read More

AD Ports Group signs partnership agreement with Agthia Group

Agthia Group, one of the region’s leading food and beverage companies, today announced that it has signed a Memorandum of...
Read More

Harbor Lab secures €6.1 million in seed funding to help shipping companies better manage port expenses

Maritime tech startup, Harbor Lab, has secured €6.1 million in funding to further develop its shipping disbursement analysis software program....
Read More

Marlow Strengthens Offshore Division

The latest initiative gathers all offshore related ship management activities from within the Group, establishing a competent service provider catering...
Read More

Nor-Shipping targets renewable potential with first Norwegian Offshore Wind pavilion

Nor-Shipping has announced that its 2023 event, taking place in Oslo and Lillestrøm, 6-9 June, will feature a dedicated offshore...
Read More

Coast Guard faults pilot in Chesapeake Bay ship grounding

A Coast Guard investigation into the grounding in March of a cargo ship in the Chesapeake Bay faulted the pilot...
Read More

Shipping industry and unions sign MOU to preserve cooperative spirit of pandemic

Unions representing seafarers and maritime employer groups have come together to sign a new memorandum of understanding (MOU) to take...
Read More

INTERCARGO Statement on IMO Decarbonisation Ambitions, Medium-Term Measures and Carbon Intensity Indicators

INTERCARGO continues to fully support the ambition to achieve net zero emission shipping by 2050. It is important to stress,...
Read More

Russia is concerned over oil tankers build-up in Bosphorus

Russia is concerned about a build-up of oil tankers in the Bosphorus Strait and is discussing the issue with insurance...
Read More

Global Maritime Forum report lays out action plan for shipping’s long-term challenges and opportunities

The key message that echoed across the discussions was that the maritime sector must not lose the determination to face...
Read More

Global container volumes fall 9.3% y/y as historic growth cycle ends

From mid-2020, global container export volumes saw strong growth, and combined with increasing port congestion it caused supply chain challenges...
Read More

Baltic index at near one-month high on firm capesize demand

The Baltic Exchange’s dry bulk sea freight index rose to its highest level in almost a month on Wednesday, helped...
Read More

Diana Shipping Inc. Announces Sale And Leaseback of m/v DSI Andromeda and Time Charter Contract for m/v DSI Pegasus With Reachy

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced...
Read More

Tankers Changing Hands Left, Right and Center

Sanctions on Russian oil have triggered major moves in the tanker market, with Russia and its allies proceeding with mass...
Read More

Lok Sabha takes up debate on Anti-Maritime Piracy Bill

THE LOK Sabha on Wednesday took up for the second time in three years a Bill to make a law...
Read More

Request from the Turkish authorities for confirmatory letters of P&I cover for ships entering international straits and Turkish waters, ports and terminals

The Government of Turkey issued a notice dated 16 November 2022 which requires all ships transiting or entering Turkish waters...
Read More

Sohar Port and Freezone reports strong results for 2022 third quarter

Sohar Port and Freezone has announced strong results for the third quarter of 2022 as the Port throughput (export &...
Read More
1 245 246 247 248 249 494