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Kongsberg Digital And Shell Marine Sign MoU To Help Decarbonize The Maritime Industry

Kongsberg Digital, a subsidiary of KONGSBERG, and Shell Marine signed an MoU today to work together on new ways to...
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Baltic Index Up As Panamax Rates Climb For Sixth Session

The Baltic Exchange’s main sea freight index extended gains on Thursday as rates for the panamax vessel segment rose for...
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Ukraine Exports Reach 2.1 mln Tonnes Under Grain Deal, Russia Raises Fresh Concerns

On 22 July, Russia and Ukraine signed an agreement to allow grain exports from three ports in Ukraine during a...
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Dry Bulk Market Depressed, Despite Recent Glimmer Of Hope

The dry bulk market has continued to remained depressed, although some signs of a tentative rebound were obvious during last...
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Bollore Logistics And Hapag-Lloyd Commit On Sustainable Maritime Transport

Bolloré Logistics has recently signed an agreement with strategic partner Hapag-Lloyd to promote the use of marine biofuel and contribute...
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U.S.-India 2+2 Intersessional And Maritime Security Dialogues

Department of Defense Spokesperson John Supple provided the following statement: Assistant Secretary of Defense for Indo-Pacific Security Affairs Dr. Ely...
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Global Economy Slides Into Contraction, Price Pressures Ease To 1½ Year Low

Global economic output contracted in August for the first time since June 2020, according to the latest PMI survey data....
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Clyde & Co Secures Victory In USD 70m Oil Tanker Disappearance Claim

Global law firm Clyde & Co has successfully represented Al Buhaira National Insurance Company (ABNIC) in a significant marine insurance...
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Hyundai Shipbuilding Group Works With Hyundai Glovis To Develop World’s Largest LCO2 Carrier

South Korea’s Hyundai shipbuilding group partnered with Hyundai Glovis to develop the world’s largest liquefied carbon dioxide carrier powered by...
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Transshipment Trial: Indian Ship Of Goods Arrives At Ctg Port

The Indian vessel, MV Trans Samudera, reached Chattogram port on Tuesday evening with 120 containers, including 25 tonnes of steel...
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Global Scramble For LNG Tankers Likely To Boost Gas Prices Further

A lack of adequate natural-gas tankers due to surging demand for the fuel particularly from Europe in the wake of...
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Baltic Sea Freight Index Firms On Panamax Strength

The Baltic Exchange’s main sea freight index firmed on Wednesday as a jump in rates for the panamax segment offset...
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New Trade Routes To India’s NE States Through Bangladesh Underway

India is exploring new routes of cargo shipment to its North-Eastern States using Bangladesh’s ports as trans-shipment hubs. Attempts are...
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Ukraine Sailor Permits Seen Crucial For Grain Exports, Global Shipping

Ukraine’s decision to allow its seafarers to leave the country despite wartime restrictions will free up vital manpower for both...
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EU Watchdog Calls For Better Shipping Conditions For Live Animal Exports

The European Union’s food watchdog called for better shipping conditions for live animals such as cattle and pigs as pressure...
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Two-Tier Market Emerges As Container Spot And Contract Rates Diverge

A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers that...
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Singapore To Trial Integrated Construction Park At Jurong Port, Housing Key Supply Chain Facilities

Singapore’s first integrated construction park, located at Jurong Port, will be operational from December 2022. It will bring together key...
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Damen Shipyards Announces All-New Cutter Suction Dredger Range

First introduced in 2004, more than 250 of the current range have been sold to customers around the world and...
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DNV Urges Cross-Industry Collaboration To Help Overcome “Ultimate Hurdle” Of Fuel Availability

A key component of DNV’s Energy Transition Outlook (ETO) suite of reports, the 84-page forecast is the sixth edition of...
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Working On Road Map To Advanced Economy, Says FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said on Monday that while the necessary stimulus for growth would continue, her ministry and the...
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