News Flash

StormGeo, Part Of Alfa Laval, Expands With Bunker Procurement Optimization Through The Acquisition Of BunkerMetri

Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for...
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FSL Trust Reports Improved Net Profit Of US$ 2.1 Million For The 2nd Quarter 2022 And Declares A Distribution Of 1.60 US Cents

FSL Trust Management Pte. Ltd. (“FSLTM”), the trustee-manager of First Ship Lease Trust announced the unaudited financial results of FSL...
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Ukraine Expects First Vessel To Arrive To Collect Grain – Official

A Turkish bulk carrier is expected to arrive in the Ukrainian Black Sea port of Chornomorsk on Friday and will...
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Ocean Freight Capacity And Volumes Continue US West To East Coast Shift, With Port Congestion Following Suit

Xeneta’s latest market analysis details a continuing shift in container shipping capacity on routes from the Far East to the...
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“Global Supply Chains Have Built Resilience Over The Past 2 Years, Further Disruptions To Cause A Limited Impact On Containerised Trade”: Container Xchange Analysis

As the shipping world enters peak season shipping, freight forwarders and shippers are concerned about the geopolitical risks that will...
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Why Reclamation Of Hull Cleaning Waste Material Is Essential To Ensure A Clean And Sustainable Future For The Maritime Industry

Social responsibility, social governance, sustainability… the need for corporations to be good and do good has never been greater. This...
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ESG Focused Digital Maritime Platform RightShip To Acquire

RightShip, one of the world’s leading ESG focused digital maritime platforms, today announced the acquisition of Thynk Software’s maritime tech...
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U.S. LNG Exports Fall Further After Explosion, Europe Takes Bigger Slice

U.S. exports of liquefied natural gas (LNG) fell for second consecutive month in July, weighed down by the processing halt...
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Kuwait Nears Maximum Oil Production, With Politics, Technical Challenges Stunting Growth

Kuwait is close to exhausting its production capacity, capping its ability to bring on more crude oil supplies to meet...
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Iron Ore Sags As China Property Woes Eclipse Rebound In Steel Profits

Dalian and Singapore iron ore futures fell on Wednesday as a crisis engulfing property developers in China, the world’s top...
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Romanian Black Sea Port To Keep Shipping Ukrainian Grain, Seeks EU Funding

At the Romanian Black Sea port of Constanta dockers have worked for months to ship out Ukrainian grain in addition...
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Maritime And Port Authority Of Singapore And Port Of Rotterdam To Establish World’s Longest Green And Digital Corridor For Efficient And Sustainable Shipping

The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam have signed a memorandum of understanding (MoU)...
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Panama Canal Welcomes Largest Vessel By Cargo Capacity, Marking Expansion’s Continued Impact Six Years Later

Last month, the Panama Canal celebrated the transit of CMA CGM’s Zephyr, the containership with the largest cargo capacity to...
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K LINE Reports Improved Container And Dry Bulk Segment Performance

Due to significant business performance improvement of OCEAN NETWORK EXPRESS PTE. LTD. (hereinafter referred to as “ONE”), the company recorded...
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Ukraine’s Zelenskiy Says First Grain Ship ‘Nothing’, Economy In Coma

Ukrainian President Volodymr Zelenskiy dismissed the importance of the first grain export shipment from his country since Russia invaded, saying...
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China, Greece Vow To Further Deepen Mutually Beneficial Cooperation

China and Greece on Wednesday pledged to further deepen mutually beneficial cooperation and jointly work toward better bilateral relations for...
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MOL Starts Joint Study On Ship Fuel With National Institute For Environmental Studies

Mitsui O.S.K. Lines, Ltd. announced the launch of a joint study on ship fuel with Japan’s National Institute for Environmental...
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Dorian LPG Ltd. Rides Positive Chartering Environment

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results...
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Several Refining Projects Are Scheduled In Asia And the Middle East

In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online...
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Commodity Super Cycle Theory Will Struggle To Pass Ultimate Economic Test

The commodity market boom is over. Energy, metals and agriculture prices have all tumbled from their March peak on inflationary...
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