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Stellium And Voyager Portal Announce Partnership
Stellium and Voyager Portal have announced a first of its kind partnership to bring a fully integrated SAP TM and...
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“K” LINE Conducts Trial Use Of Marine Biofuel For Decarbonization On Supramax Bulker
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that we have conducted a trial use of marine biofuel...
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Global Equity Funds See Large Outflows On Slowdown Worries
Global equity funds witnessed their biggest weekly capital withdrawals in five weeks in the week to Aug. 24 on concerns...
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Baltic Index Slides Sharply As Capesizes Hit Two-Year Trough
The Baltic Exchange’s main sea freight index registered its worst fall in three months on Thursday, as rates across all...
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Dockworker Strikes At Northern European Ports Add To Supply Chain Disruption
European supply chains are set for further disruption as transport unions step up industrial action in response to soaring inflation....
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MoPSW To Recast Mormugao Port Monetisation Tender To Attract More Bids
The Shipping, Ports and Waterways Ministry is likely to restructure the Rs 842 crore tender for monetising the assets of Goa’s...
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Relief As Rhine Water Rises In Germany, But Expected To Drop Again
Water levels on the river Rhine in Germany have risen after recent rain but are expected to fall again with...
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Soaring Global LNG Prices Push India’s Regasification Plan Off Track
Lofty global LNG prices and limited supplies threaten to derail India’s regasification capacity plans, with existing regas levels running low...
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Russian Oil Imports To The UK Dry Up For First Time On Record: Official Data
Lofty global LNG prices and limited supplies threaten to derail India’s regasification capacity plans, with existing regas levels running low...
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Felixstowe Port Strike Might Be Extended Until Year End, Supply Chain Disruption Continues
Workers at the Port of Felixstowe, who have launched an ongoing strike over wages from 21 August, have not come to...
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China’s July Crude Oil Imports Hit 4-Year Low And Drops 9.2% y/y
China is the world’s largest importer of crude oil, accounting for approximately 25% of global crude import volumes. The country’s...
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Ukraine Economy Could Grow By 15.5% In 2023 After Deep Fall – Minister
Ukraine’s economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military...
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Svitzer’s ‘Aim For 8’ Tug Speed Initiative Saves 1000 Tonnes Of CO2
Svitzer, leading global towage operator and part of A.P. Moller-Maersk, has today announced that its Aim for 8 speed initiative...
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As Shipping Companies Brace For New Emissions Rules, Bearing Launches AI Product To Predict And Manage Impact
New environmental regulations are poised to reshape the economics of maritime shipping. Bearing is making sure its customers will be...
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Oil Product Stocks Drop To 8-Week Low As Demand Picks Up
Oil product stockpiles at the UAE’s Port of Fujairah fell to an eight-week low led by a 14% decline in...
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Crisis-Stricken Sri Lanka Bans Import Of 300 Consumer Goods Items
The cash-strapped Sri Lankan government has slapped a ban on the import of 300 consumer items like chocolates, perfumes and...
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Panama Canal Alerts Ships To Go Slow To Protect Marine Life
THE Panama Canal authority has initiated seasonal traffic lanes and speed limits, which it hopes will considerably decrease the risk...
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Oil Prices Rebound On Renewed Supply Worries
The energy sector is pointing to a higher start, backed by strength in the crude complex and major equity futures...
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Tropical Storm Ma-On Headed For Southeastern China
Tropical Storm Ma-on was gaining strength as it headed for Hong Kong and other parts of southeastern China on Wednesday...
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Renewable Energy Lifting Ops Covered In IMCA Guidance
The International Marine Contractors Association’s (IMCA’s) ‘Guidelines for lifting operations’ (IMCA LR 006) has been reviewed and updated to ensure...
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