News Flash

Devastating Fire May Force Cuba To Resort To Floating Oil Storage

An inferno at Cuba’s largest oil storage facility has killed at least one firefighter, injured many more, and threatens to...
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Brittany Ferries’ Salamanca Passenger Ferry Uses Wärtsilä’s SPECS Camera System For More Efficient And Safer Operations

Wärtsilä Voyage, part of the technology group Wärtsilä, today announces that its Smart Panoramic Edge Camera System (SPECS) will be...
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Advanced Polymer Coatings Strikes Series Of New Tanker Deals

USA-based manufacturer Advanced Polymer Coatings (APC) is announcing a series of new chemical tanker deals in Turkey, one of its...
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Iron Ore Futures Retreat As China Demand Woes Back In Focus

Dalian and Singapore iron ore futures fell on Tuesday as traders weighed fresh COVID-19 flare-ups in China and weak steel...
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NSSLGlobal Partners With SOIC To Supply Satellite Communications To The World’s Largest Wooden Sailing Ship, The Göthenborg of Sweden

NSSLGlobal, a leading satcoms company in the cleantech portfolio of Arendals Fossekompani the Norwegian investment house, has partnered with SOIC...
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Capital Ship Management Corp. Takes Delivery of M/T ‘Amore Mio’

Capital Ship Management Corp. took successful delivery recently of the newbuilding vessel M/T ‘Amore Mio’, a 300,000 dwt, eco-type crude...
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Corn Bulk Ship Leaves Chornomorsk Port For South Korea; Concerns Over Quality

MV Ocean Lion has sailed from Ukraine’s port of Chornomorsk early Aug. 9 destined for South Korea, bringing the total...
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Cyprus Shipping Deputy Ministry Engages Consortium To Accelerate Digitalization

Cyprus Shipping Deputy Ministry (SDM) has signed a new contract with the CSC consortium which combines Cellock Ltd, SignalGenerix Ltd...
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Two More Grain Ships Sail From Ukraine, Turkey Says

Two more grain-carrying ships sailed from Ukraine’s Chornomorsk port on Tuesday, Turkey’s defence ministry said, as part of a deal...
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Kuwait Close To Exhausting Production Capacity – OPEC Faces Pressure

Kuwait is close to exhausting its production capacity, capping its ability to bring on more crude oil supplies to meet...
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Asian Refiners Assess Crude Oil Buying Strategies After OPEC+ Decision

This week, Asian refiners will assess their spot and term crude procurement strategies after OPEC+ signed off on a modest...
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Performance Team – A Maersk Company Announces New Cold Chain Facility In Charleston, South Carolina

Performance Team – A Maersk Company continues to integrate end-to-end cold chains with the announcement of a new cold storage...
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Japanese Shipping Technology Leaders In Collaboration To Develop Digital Engineering Platforms For Sustainable Maritime Logistics

A group of Japanese technology leaders (1) have come together to establish a cooperation program called “Maritime and Ocean Digital...
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Iron Ore Rises As Improved China Steel Margins Lift Mood

Dalian and Singapore iron ore futures rose on Monday, extending their gains as improved steelmakers’ margins in China encouraged mills...
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India: Parliamentary  Panel Suggests Phasing Out Of Coal Imports

The parliamentary standing committee on energy has said that the union ministries of power and coal should ensure optimum utilization...
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China’s July Soybean Imports Slide Amid Poor Crush Margins, Weaker Demand

China’s soybean imports in July fell 9.1% from a year earlier, customs data showed on Sunday, as poor crushing margins...
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Rhine Level In Germany Falls Again, Ships Only Part-Loaded

Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot...
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Two More Grain Ships Sail From Ukraine As Third Port Opens

Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking...
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Persistent Container Ship Congestion In North Sea Affects EU-Asia Trade

The congestion of container ships off German ports at the North Sea worsened, affecting the European Union’s (EU’s) trade with...
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Reconciliation Bill Gives Massive Boost To U.S. Offshore Wind

On Sunday, Senate Democrats passed a large-scale budget reconciliation package on a party-line vote, enacting many (but far from all)...
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