News Flash
Beware a potential flaw in index-linked ocean container shipping contracts, which could cost millions of dollars
Index-linked contracts are becoming increasingly popular in ocean freight container shipping, but some contain a potential flaw that could cost...
Read More
China’s oil imports from Russia fall to seven-month low
Russia’s crude oil exports to China in May fell to a seven-month low, official data showed on Thursday. Supply via...
Read More
Singapore to seek compensation from ship owner for oil spill, media reports say
Singapore will seek compensation for the costs incurred in an oil spill last week from the owners of the stationary...
Read More
New Monna Lisa Vessel to Cut Tonnes Of CO2 And VOC Emissions By Opting For International® Marine Coatings Solutions
International®, AkzoNobel’s marine coatings brand, has today announced that a new cable-laying vessel, the Monna Lisa, owned by Prysmian, is...
Read More
India approves $9-billion port to boost trade with Europe
India’s cabinet approved the development on Wednesday of a new deep-water port that the government said will be a crucial...
Read More
Emanuele Grimaldi re-elected as Chairman of the International Chamber of Shipping
The International Chamber of Shipping (ICS) Board of Directors has unanimously re-elected Emanuele Grimaldi, President and Managing Director of Grimaldi...
Read More
Day Of The Seafarer: Health Tips To Support Safety At Sea
The Day of the Seafarer (25th June) recognizes the vital contribution made by seafarers from all over the world to...
Read More
Asia Fuel Oil-HSFO softens; inventories extend gains for fourth week
Asia’s 380-cst High Sulphur Fuel Oil (HSFO) market weakened on Thursday as a lower-priced trade emerged, while inventories at key...
Read More
New IMO guidance for managing challenging ballast water quality
At its 81st meeting in March 2024, the IMO MEPC adopted Resolution MEPC.387(81), with interim guidance for ships operating in...
Read More
Baltic index hits more than one-month high on strong capesize demand
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a...
Read More
Nippon Paint Marine’s FASTAR coating wins the Environmental Technology Award from the Japan Chemical Industry Association
Nippon Paint Marine, a coatings leader for the maritime industry, has announced that FASTAR, its premier antifouling solution, has won...
Read More
Hempel’s high-performance marine coating solution, Hempaguard, receives DNV validation
Hempaguard X7’s decarbonization efforts in the maritime industry are now third-party verified, and its impressive impact on fuel savings and...
Read More
Wärtsilä propulsion solutions expected to deliver 5% fuel savings for International Seaways tankers
Technology group Wärtsilä today announced it will supply its EnergoFlow and EnergoProFin propulsion solutions to four Medium Range (“MR”) tankers...
Read More
ePropulsion Offers Ultimate MFD Compatibility with New Smart Gateway
ePropulsion, a global leader and market innovator in marine electric propulsion systems and services, announced today the ultimate Multifunction Display...
Read More
Weather news further enhances Sea Navigator platform with powerful new tools
In line with its focus on continuous improvement of its cloud-based Sea Navigator voyage-optimization solution, Weather news Inc launched two...
Read More
Shipping industry calls for action following the attack on the MV Tutor and cargo ship Verbena
The shipping community is appalled and deeply saddened by the tragic news that yet another seafarer seems certain to have...
Read More
AI tools key to the ‘urgent action’ needed to meet IMO climate targets
Yarden Gross, CEO and Co-founder of maritime technology start-up Orca AI, champions the rapid but responsible deployment of smart, cost-effective...
Read More
Asia Fuel Oil-Spot 180-cst premium weakens; India sales tenders awarded
The spot cash premium for 180-cst High Sulphur Fuel Oil (HSFO) remained under pressure on Wednesday, while outcomes for recent...
Read More
Auramarine signs representative agreement with HAGEDORN Products & Systems GmbH and HAGEDORN Service & Engineering GmbH, Germany
Auramarine Ltd, the renowned provider of fuel supply systems for the marine, power and process industries, has announced that it...
Read More
Baltic index snaps 5 sessions of gains as larger vessel rates dip
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, snapped a five-session winning...
Read More