News Flash

Yacht Builder Baglietto And Bio-Uv Group Ink Deal For Ten Bio-Sea Ballast Water Treatment Systems

French UV water treatment specialist BIO-UV Group has signed a major supply deal with luxury yacht builder Baglietto for several...
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Shipping Industry Slowing Down

The shipping industry is shrinking fast after its boom in the pandemic period as the ongoing global economic recession is...
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Nautilus Demands Action From The Government Six Months On From P&O Ferries Scandal

Saturday 17th September marked six months on from the scandalous decision by P&O Ferries to unlawfully dismiss 786 British seafarers...
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Americas East-Facing VLCC Freight Climbs 39% Amid Altered Trade Flows

VLCC freight rates for hauling crude from the US Gulf Coast to China have hit a two-year high at lump...
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NGO Report On LNG Pathway Makes Flawed Assumptions Based On Outdated Data

SEA-LNG responds to International Council on Clean Transportation (ICCT) report: Comparing the Future Demand for, Supply of, and Life-Cycle Emissions...
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Baltic Index Scales 1-1/2-Month Peak On Strong Demand Across Segments

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, rose to more than...
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Indian Rice Shipments Stuck At Ports, Traders Seek Government Help

At least 20 ships are waiting to load around 600,000 tonnes of rice at Indian ports as New Delhi’s surprise...
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Shipping Containers, Made In India — How Modi Govt Aims To Cut Dependence On China ‘Monopoly’

To cut down its dependence on China, the Modi government is working on a comprehensive plan for manufacture of shipping...
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KSOE Wins 525 Billion Won Of Orders For Eight Ships

Korea Shipbuilding & Offshore Engineering (KSOE) has received a 525 billion won ($378 million) of orders from two African shippers...
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China’s Shipbuilding Sector Continues To Top World Market

China remained the world’s leading shipbuilder in the first eight months of the year, industrial data showed. According to the...
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India: Shipping Minister Launches Multiple Development Projects In Assam

Union minister for ports, shipping and waterways, Sarbananda Sonowal on Monday launched multiple projects for the development of Bogibeel region...
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Korean Sea Flag Carrier HMM Shares Slide As Shipping Rates Fall To Lowest In Two Years

Container shipping rates extended losses for 14 consecutive weeks and plunged to the lowest of the year, putting an end...
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Cyprus Working To Protect Shipping From EU Sanctions On Russia

The EU needs to ensure that its Russia sanctions do not negatively impact the bloc or individual member states, especially...
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Typhoon Nanmadol Makes Landfall In Japan, Flooding Advisory Issued For Tokyo

Typhoon Nanmadol made landfall on Japan’s southernmost island of Kyushu on Sunday, bringing torrential rains and strong winds as it...
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Asia-US Pacific Coast Container Rates Continue To Plummet

Transpacific rates for shipping containers continue to plummet – dropping below $4,000/FEU (40-foot equivalent unit) – as consumer demand for...
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LNG Tankers Key To Smooth Imports, Energy Security

Efforts to increase the number of China’s liquefied natural gas carriers will deepen the country’s ability to transport LNG independently...
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Global Supply Chains Poised For Relief As Ship Congestion Eases

Shipping container traffic that had been severely congested during the pandemic is clearing and shipping prices are falling by a...
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Asia-Pacific Freight Premia For Bigger LNG Carriers Spurt As Storage Demand Jumps

Asia Pacific’s spot freight premium for LNG carriers with two stroke engines rose Sept. 16 to its highest level for...
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Essar Joins Hands With Indian Coast Guard For The Largest Coastal Cleanup Drive

Sitting on the crown of Indian Ocean, India is blessed with a 7,500 km long coastline bestowing plethora of exclusive...
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Korean Shipbuilders Actively Participating In Qatar LNG Project

QatarEnergy has recently selected three shipowners to order eight LNG carriers in its LNG development project. The shipowners and Daewoo...
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