News Flash

Iron Ore Edges Up On China Infrastructure, Property Support Hopes

Iron ore prices edged higher on Monday, extending last week’s solid gains and spurred by hopes of increased infrastructure spending...
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“K” LINE Group Signed Multiple Consecutive Voyage Contracts With JSW Steel Ltd.

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and “K” Line (India) Shipping Private Ltd., (KLISP) affiliated company of “K” LINE, have...
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Reygar And Cedar Marine Collaborate To Deliver Carbon Reduction For Fleet Operators

Maritime remote monitoring business, Reygar, and carbon reduction and sustainability specialist, Cedar Marine, have partnered to provide an integrated service...
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Ukraine Sends Out First Ship Since Invasion From Odessa Port Under Deal: Minister

Ukraine has sent out a ship from the Odessa port Aug. 1 — the first in five months since the...
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Seafarer Satisfaction On The Rise, Shows Latest Seafarers Happiness Index

The latest Seafarers Happiness Index report, published today by The Mission to Seafarers, reveals that seafarer happiness levels are recovering,...
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Inventories, Uneven Demand, High Prices May Cap China’s H2 Crude Oil Imports

China’s crude oil imports in H2 will feel the pressure from bulging domestic inventories, an uncertain demand recovery and global...
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Ocean Spot Rates Whipsaw On Key Trade Routes As Consumer Demand Slows Into Peak Shipping Season

A decline that shippers were seeing in ocean spot rates and in premium surcharges across many trade routes as demand...
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Wah Kwong, QIYAO And Bureau Veritas Launch Feasibility Study On Carbon Capture And Storage On Ships

Bureau Veritas (BV), a world leader in testing, inspection and certification, Wah Kwong, one of Hong Kong’s largest shipowners, and...
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A Full Stop To Russian Gas Could Plunge Europe Into A Full-Blown Recession

Europe has already cut down on gasOverall gas demand in Europe has come down substantially this year. During the first...
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China Lifts Exports As West Runs Short Of Lead And Zinc

China’s historical lead and zinc trading patterns were upended in the first half of this year as imports collapsed and...
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PetroChina Explores South Asia Market, Supplies First Gasoil Cargo To Pakistan

PetroChina International delivered its first gasoil cargo to Pakistan recently, signaling the company’s breakthrough in the South Asia product market,...
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Nippon Paint Marine Introduces New Pspc-Compliant Universal Primer For Newbuilds

Global coatings pioneer Nippon Paint Marine has added a new anti-corrosive universal primer to its E-Marine range of paints. E-Marine...
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China In Risky Bet To Test Its Power In Iron Ore Markets

Iron ore prices are swinging between optimism and pessimism over the economic outlook in top importer China, but beyond the...
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India Seen Overtaking China As Biggest Importer Of Seaborne Russian Crude

India, fuelled by its appetite for discounted Ural grades, is understood to have overtaken China as the top destination for...
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KDB May Break Up DSME In Next Attempt To Privatize The Shipbuilder

State lender Korea Development Bank (KDB) has outsourced a scheme to privatize deficit-ridden Daewoo Shipbuilding &Marine Engineering (DSME) and could...
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Peak Shipping Season Ahead Of The Holidays Is About To Begin For A Volatile Supply Chain

A decline that shippers were seeing in ocean spot rates and in premium surcharges across many trade routes as demand...
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BRI Projects At Port Of Gwadar Sea And Piraeus Create New Momentum For Regional Development And Connectivity Under A Shared Future

In 2013, Chinese President Xi Jinping put forward the “Belt and Road Initiative” (BRI), aiming at building a new platform...
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Seafarer Shortage Stands In Way Of Ukraine Grain Corridor

Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the...
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Record Container Ship Traffic Jam As Backlog Continues To Build

If you only look at Los Angeles and Long Beach — the largest container import gateway in America — you’d...
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Europe’s new trade flows for coal shaping up as import ban on Russia looms

With the flow of Russian coal to Europe coming to a final end, buyers jostling for alternatives are increasingly in...
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