News Flash
Shipping Faces Investment Obstacles In Low-Carbon Marine Fuels
Shipping has been slower than other other transportation sectors in identifying a decarbonization approach to help counter climate change.As airlines...
Read More
Maersk Acquires Danish Company To Add Global Project Logistics
Maersk is continuing to use its strong financial results and cash generated from operations to pursue its strategy to become...
Read More
Keppel O&M Tries Out VR Goggles In The Shipyard
Keppel Offshore and Marine (Keppel O&M) is pushing the quest for digitalization to new heights after adopting a 5G enabled...
Read More
IMF Tells Europe To Let Consumers Bear The Brunt Of Higher Bills To Encourage Energy Saving
The International Monetary Fund warned European governments against intervening in the region’s worsening energy crisis with broad-based financial support, saying...
Read More
Iran Says Ready To Return Oil Output To Pre-Sanctions Level
Iran said that it is ready to return its crude oil production to pre-sanctions levels at the earliest possible time....
Read More
Asia Grains-Russian Suppliers Offer Wheat In Asia, But Buyers Reluctant
Suppliers offered Russian wheat at lower prices this week in Asia, but most millers were unwilling to sign deals in...
Read More
Port Of New York And New Jersey Adds Fees For Ocean Carriers As Shipping Containers Pile Up
The Port of New York and New Jersey announced new tariffs this week related to empty containers and export volume...
Read More
A. P. Moller – Maersk To Acquire Danish Company Martin Bencher Group To Strengthen Handling Of Project Logistics
Today, A.P. Moller – Maersk (Maersk) has reached an agreement to acquire Martin Bencher Group, a Denmark-based project logistics company...
Read More
K Line: Proposal To Acquisition Of Shares In Atlas Corp. By A Consortium Including An Equity Method Affiliate
Kawasaki Kisen Kaisha, Ltd. (““K”Line”) informs that a consortium composed of David L. Sokol, Chairman of the Board of Directors...
Read More
Japan’s NYK-Owned Tanker To Load Sakhalin 2 LNG As New Operator Takes Over
A number of LNG tankers are arriving at Yuzhno-Sakhalinsk in Russia’s Far East at a time when a new Russian...
Read More
MOL Joins Research JV Using Aerospace Engineering To Reduce Emissions
Mitsui O.S.K. Lines, which has already been actively pursuing wind-assisted propulsion and fluid dynamics for improved performance, will now join...
Read More
Tugboat Unions To Disrupt Australian Ports In Long Contract Dispute
Three of Australia’s maritime unions are threatening to disrupt operations at ten of Australia’s seaports on Friday, August 5, in...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
“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...
Read More
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...
Read More
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...
Read More
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...
Read More