News Flash
IMO Secretary-General To Visit Odesa
IMO Secretary-General Kitack Lim is scheduled to visit the port of Odesa on Monday (29 August), to see at first-hand...
Read More
Capital Product Partners L.P. Extends Employment Of Two LNG Carriers To 2031 At Increased Day Rate
Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today...
Read More
Savosolar Oyj And Meriaura Oy To Merge With A Share Exchange
Savosolar Oyj has signed a conditional share exchange agreement on 29 August 2022 with VG-Shipping Oy to acquire marine logistics...
Read More
Pain Of Breaking Inflation Will Reverberate Around The Globe
The message from the world’s top finance chiefs is loud and clear: rampant inflation is here to stay and taming...
Read More
India’s Status As World’s Fastest Growing Major Economy To Be Short-Lived
India likely recorded strong double-digit economic growth in the last quarter but economists polled by Reuters expected the pace to...
Read More
India’s Crude Imports Reach Three-Month High
India’s crude oil imports increased by 140K b/d m-o-m and 1.26M b/d y-o-y to 4.81M b/d in July, rising for...
Read More
Bangladesh Set To Import 500,000 T Of Wheat From Russia
Bangladesh is set import 500,000 tonnes of wheat at $430 a tonne from Russia in a government-to-government deal as it...
Read More
US LNG Export Terminals Stage Production Push As European Gas Prices Top $100/MMBtu
Record global gas prices, now trading as high as $100/MMBtu in onshore European markets, are putting pressure on US LNG...
Read More
IMO Has Conducted A Needs Assessment Mission To Malawi (22-26 August) To Assess And Support The Country’s Maritime Sector
As well as identifying gaps in the Malawian maritime administration, the objectives of the mission were to make recommendations on...
Read More
Climate Change Could Bring Back Wind As The Future Power Source For Ocean Cargo Ships
International trade is still heavily reliant on oceangoing vessels and the noxious bunker fuel that feeds most ships’ massive diesel...
Read More
Frédéric Denèfle Named As Candidate For IUMI Presidency
Frédéric Denèfle, Managing Director of French marine war risks specialist GAREX, has been announced as the candidate for the role...
Read More
Generations Y And Z Urge The Maritime Industry To Make Human Sustainability A Strategic Priority
The call for change is clear from the 188 young leaders from 27 different countries, who participated in the Future...
Read More
Crude Tankers: Russian Invasion Sets The Tone But China’s Behavior Has The Last Say
Russian-Ukranian conflict managed to shift the crude tanker trade patterns, however Chinese purchasing activity is and will remain a barometer...
Read More
Shearwater GeoServices Awarded Central North Sea 3D Survey By NSNR
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a 3D survey of the Devil’s Hole Horst...
Read More
Inflation Hedge Or Not, Bitcoin’s True Value Is Separation Of Money And State
For the first week in a while, the non-crypto world was louder than the crypto world. Everyone is talking about:...
Read More
From East To West, Dockers Unions’ Unite Behind ILWU In US Pacific Negotiations
Union leaders from the US East Coast, Canada and international transport worker federations have joined negotiations between dockers and Pacific...
Read More
India Examining Need To Curb 100% Broken Rice Exports
India, the world’s biggest exporter of rice, is examining whether there is a need to restrict exports of 100% broken...
Read More
Container Lines Brace For Slowdown As Shipping Rates Fall Down Suddenly
As container shipping lines enjoy what’s left of their most profitable stretch on record, the wheel of fortune may be...
Read More
Indian Govt Looks Forward To Standardize Security Across All Ports
The Ministry of Home Affairs is looking to standarise security at all ports across the country, irrespective of their classification...
Read More
Peel Ports’ Heysham In Race To Become UK’s First 100% Carbon Neutral Port
The Port of Heysham, part of leading port operator Peel Ports Group, has reduced the carbon emissions of its landside...
Read More