News Flash
Baltic index snaps 4-day winning streak as panamax rates slip
The Baltic Exchange's dry bulk sea freight index BADI, which tracks rates for ships carrying dry bulk commodities, declined on...
Read More
AD Ports Group Leveraging Digitalization And Big Data For Smart Port Operations
Competition for shipping container traffic is intensifying as new trade agreements and alliances, geopolitical strife, supply chain constraints, and the...
Read More
Dry Freight Container Production Surpasses Earlier All Time High
Drewry expects 2024 to be the second-highest year on record for dry freight container manufacturing. This is driven by the...
Read More
TT Warns Container Seals Are Being Ignored To The Detriment Of Cargo Security
Loss due to theft is among the top three causes of claims received annually by the international freight and logistics...
Read More
Gearbulk Expands Its Newbuilding Program And Orders Two Additional Pulpmax Vessels
Gearbulk has signed contracts for delivery of two additional ammonia/methanol conversion ready 82,300 dwt Open Hatch newbuildings. These units will...
Read More
How Inventory Management Got Back On The Shipping Industry Agenda
Global shipping markets are booming as a combination of market drivers and geopolitics conspires to push the maritime industry to...
Read More
Full Steam Ahead: The Changing Outlook For Global Marine Fuels To 2050
Global maritime trade is set to grow by more than 40% by mid-century. With global maritime trade set to grow...
Read More
Oil Tanker Sounion ‘Poses Environmental Risk’ After Red Sea Attack
A Greek-flagged oil tanker carrying 150,000 tonnes of crude that was evacuated by its crew after being attacked in the...
Read More
Kongsberg Maritime Expands Rim Drive Azimuth Thruster Range With New RD-AZ-2300
Kongsberg Maritime, a world leader in maritime technology, today announced the launch of its new Rim-drive Azimuth Thruster, the RD-AZ-2300....
Read More
Asian LSFO Refining Margin Soars To Near 5-Month High, Market Structure Strengthens
Asia's Low Sulfur Fuel Oil Refining margins surged to its highest level in nearly five months, while the market structure...
Read More
Baltic Index Hits Near Four-Week High As Capesize Rates Jump
The Baltic Exchange's dry bulk sea freight index, BADI, which tracks rates for ships carrying dry bulk commodities, rose to...
Read More
Ukraine grain exports jump to 6 mln T so far 2024/25, says ministry
Ukraine's grain exports in the 2024/25 July-June season had reached 6 million metric tons as of Aug. 21, up from...
Read More
Singapore gasoil swap crack hits near 3- month low as regional stocks remain long
The Singapore ultra low sulfur gasoil front month swap crack against front month Dubai swap was at its weakest in...
Read More
Kongsberg Maritime completes testing of cyber security for range of digital products
Kongsberg Maritime has achieved a significant milestone for the cyber security of its products with the completion of testing to...
Read More
Kumport Terminal Istanbul implements Portchain Connect to simplify the berth alignment process with shipping lines
Portchain today announced Kumport Terminal Istanbul will join the Portchain Connect network. Kumport Terminal Istanbul will use Portchain Connect to...
Read More
Stage set for German steel industry to become major green hydrogen offtaker
Energy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to...
Read More
Saudi Arabia crude oil exports drop in June
Saudi Arabia's crude oil exports fell to 6.047 million barrels per day (bpd) in June from 6.118 million bpd in...
Read More
US oil export gains slow as output, global demand turn tepid
U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase...
Read More
Successful installation of passive technology for two major projects in Australia
Sentinel Subsea. specialists in passive subsea integrity monitoring, is proud to announce the successful installation of WellSentinel™ systems for two...
Read More
Danish Shipping Hopeful of Green Agreement with Germans on North Sea Energy Island
Danish Shipping is disappointed that the negotiations on the North Sea Energy Island between Denmark and Belgium have broken down....
Read More