News Flash

Ocean One Network adds Jacksonville Port to East Coast 2 Service – effective from February 2025

We are pleased to inform you of an enhancement to our East Coast 2 (EC2) service, following our recent announcement...
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Yang Ming to Launch Two Europe-East Med Express Services Enhancing Service

Yang Ming Marine Transport Corporation ("Yang Ming") continues to strengthen its network in Europe and the Mediterranean region. Starting in...
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MSC Showcases Innovative Logistics Solutions at Abidjan, Côte d’Ivoire

MSC Mediterranean Shipping Company took center stage at the 2024 edition of the National Cocoa and Chocolate Days (JNCC), held...
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BHP iron ore output beats, copper production edges up on better grades at Escondida

Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of bottlenecks at its Western Australia...
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U.S. coal exports from the Port of Baltimore rebounded two months after bridge collapse

U.S. coal exports from the Port of Baltimore rebounded at the end of May 2024, according to recently released data...
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Saudi Arabia’s crude oil exports in August hit one-year low

Saudi Arabia’s crude oil exports in August fell to their lowest level in a year, data from the Joint Organizations...
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Poseidon project marks one year of progress in decarbonizing naval transport with e-methanol

The POSEIDON project is demonstrating the use of synthetic methanol (e-methanol) as a sustainable fuel for shipping. Mapping the POSEIDON’s...
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NSU to Install Rotor Sails to Valemax VLOC

NS United Kaiun Kaisha, Ltd. (NSU) and Vale International SA (Vale:) have reached an agreement to install rotor sails (H:35m...
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Asia Fuel Oil-VLSFO spot premiums soften further, inventories extend climb

Spot premiums for very low sulphur fuel oil (VLSFO) dropped further on Thursday, with lower-priced trades emerging, while onshore inventories...
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SHIPPING: Asia-US container rates tick lower as backlog at EC ports lingers

Rates for shipping containers from east Asia and China to the US continue to face downward pressure after an early...
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Baltic index falls over 6-months low on lower vessel demand

The Baltic Exchange’s main sea freight index extended its decline, reaching its lowest in more than six months on Thursday,...
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Wärtsilä supports South Australia’s energy transition with new 150 MW / 300 MWh energy storage system for Amp Energy

Technology group Wärtsilä has been selected to deliver its second major energy storage project in South Australia. Located in Bungama,...
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INTERCARGO Expresses Concern Over RightShip’s Decision to Reduce the Age Limit for Bulk Carriers’ Vetting Inspections

INTERCARGO members have voiced deep concerns regarding RightShip’s recent decision to reduce the age limit of bulk carriers eligible for...
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Unique electric pilot boat to the Swedish Maritime Administration

The Swedish Maritime Administration (SMA) has ordered an EF-12 Pilot boat from Artemis Technologies. The foiling and fully electric pilot...
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Russia’s September seaborne oil product exports up 5% on month, Reuters calculations show

Russia’s seaborne oil product exports in September rose 5% to 9.217 million metric tons from a month earlier, data from...
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Significant advancements in ship readiness are driving maritime industry’s transition to zero-carbon fuels

Lloyd’s Register Maritime Decarbonisation Hub’s Zero Carbon Fuel Monitor (ZCFM) has highlighted rapid technological advances in handling, storing, and using...
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KR (Korean Register) has published a report on the safe maritime transport of electric vehicles on Pure Car and Truck Carriers (PCTC).

Electric vehicle fires are known to be difficult to extinguish completely once they occur. This is particularly concerning for PCTCs,...
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KIMM initiates a giant leap in the development of technologies for storing alternative energy sources by developing, for the first time in the country, a cryogenic turboexpander capable of cooling gases to temperatures as low as -183 degrees Celsius

The technologies for storing alternative energy sources have reached a new milestone with the development of the country’s first cryogenic...
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Platts includes Nalco CF7811 cold flow improver in Singapore gasoil

Platts, part of S&P Global Commodity Insights, would like to clarify that with effect from Sept. 20, 2024, following a...
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Italian discharge ports added to Atlantic LNG assessments

Platts, part of S&P Global Commodity Insights, has added Adriatic and Ravenna as discharge ports for its DES East Mediterranean...
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