News Flash
Updated transit levels at Panama Canal don’t faze LNG shippers
Despite a recent announcement that the Panama Canal Authority is set to add a slot for daily transits through the...
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EU, IMO stricter shipping rules emit positive signal for green transition – Global Maritime Forum director
The European Union’s Fit for 55 program for shipping has sent a powerful and important signal about the role that...
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Future of Russian LNG carriers being built for Arctic LNG 2 project uncertain
LNG shipping market participants are divided over the fate of six Arc7 LNG carriers currently under construction in South Korea...
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Crew of ship seized by Iran are safe, operator MSC says
The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm...
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Chartwell Marine Expands CTV Build Pipeline to Support Global Offshore Wind Growth
Chartwell Marine, a trusted pioneer of next-generation vessel design, has announced that a new Chartwell Brevity Class Crew Transfer Vessel...
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Americas clean tanker rates to stay volatile at elevated floor in Q2 as exports grow
Americas clean tanker rates are expected to continue their volatility at elevated levels during the second quarter, as US Gulf...
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LR collaborates with Eastern Pacific Shipping and Maritime & Port Authority of Singapore on six Singapore-registered ammonia dual-fuel newbuilds
Eastern Pacific Shipping (EPS) has signed Memorandums of Understanding (MoUs) with the Maritime and Port Authority of Singapore (MPA) and...
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H2 Energy and DFDS publish new hydrogen propulsion feasibility study
During the past year, H2 Energy and DFDS have worked together on a project to analyse the feasibility of retrofitting...
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Asia Fuel Oil-HSFO discount narrows on firmer bid but trade lull continues
Spot discounts for high sulphur fuel oil narrowed on Wednesday amid the emergence of a firmer bid, though a wider...
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Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates
Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on Wednesday, missing estimates, because of weather disruptions...
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Baltimore’s alternate shipping channels not deep enough, Maersk says
The Baltimore port’s alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other...
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Baltic index gains as rates firm for all vessels
The Baltic Exchange’s main dry bulk sea freight index rose on Wednesday, aided by rising rates across all vessel segments...
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Facilitation Committee tackles digitalization and autonomous shipping
IMO’s Facilitation Committee has taken steps to further advance the digitalization of the shipping sector, while addressing cyber-security threats and...
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Iran working to safeguard oil exports in region, official says
Iran’s Deputy Oil Minister Morteza Shahmirzaei told a conference in Moscow via video link on Tuesday that his country was...
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CMA CGM AIR CARGO accelerates its development with the arrival of three B777F and the opening of a transpacific service
CMA CGM AIR CARGO will begin operating a transpacific route connecting Asia to North America in summer 2024. The launch...
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ClassNK grants Innovation Endorsements for Products & Solutions to three solutions developed by iO3
ClassNK has granted its Innovation Endorsements for Products & Solutions*1 to an internet payment facility ‘V.Pay’, an AI maritime camera...
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Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion
Hapag-Lloyd and Seaspan Corporation enter into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by...
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Coastal Sustainability Alliance Boosts Development And Adoption Of Maritime Biofuel In Singapore
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (“KMG”), today announced its plans to...
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China’s iron ore imports rise as inventories build: Russel
Iron ore has emerged as the surprise in China’s first quarter commodity imports, with arrivals posting strong gains despite the...
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HSFO East-West swap hits five-month high amid supply overhang in Asia, European demand uptick
The 380 CST East-West spread — the difference between the 380 CST FOB Singapore HSFO swap and the 380 CST...
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