News Flash

HMM and CargoX partner to introduce an integrated solution for global electronic BL service to HMM customers

HMM, Korea’s largest and the world’s eighth-largest container carrier, has announced a strategic partnership with CargoX, a leading provider of...
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IMarEST gives back to the seafarer community with special membership fees

The Institute of Marine Engineering, Science & Technology (IMarEST) celebrates International Day of the Seafarer by announcing a special membership...
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India and China top buyers of Russian fuel oil in May, LSEG data shows

India and China were the top destinations for Russian Seaborne Fuel Oil and Vacuum GasOil (VGO) exports in May, traders...
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Russia’s July western port oil loadings to fall 23% m/m, sources say

  In July, Russia will cut oil exports via its western ports to 1.5 million barrels per day (bpd), down...
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Inmarsat Maritime Whitepaper Recommends Holistic Approach to Cyber Security Ahead Of New IACS Requirements

Inmarsat Maritime, a Viasat company, has launched a white paper urging maritime organisations to strengthen their cyber defences – as...
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Asia Fuel Oil-VLSFO premium rebounds to three-week high

Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) climbed to a three-week high on Tuesday as firmer bids emerged...
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Höegh Autoliners secures fuel savings and long-term CII compliance with Accelleron and Hanwha engine part-load optimization

Hanwha and Accelleron have performed an Engine Part Load Optimization (EPLO) for Höegh Autoliners supporting long-term energy efficiency for its...
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Boers Crew Services highlights the importance of the journey of the maritime professional as the industry joins together to celebrate the Day of the Seafarer

A crewmate who has just completed his term as the IMO Goodwill Ambassador is shining a light on the importance...
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Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol

After months of preparation, Blue World Technologies is proud to announce the successful testing of the world’s first 200 kW...
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Baltic index hits two-week low as larger vessel rates dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to its lowest...
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India imported 8.3 MT steel in FY24, becomes net importer of the metal

From being an exporter of steel, India became a net importer of the metal in FY24, with an overall trade...
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India’s LNG surge supports Asia’s imports in June

Asia’s imports of Liquefied Natural Gas (LNG) are expected to dip slightly in June from May, with strength in India...
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TMC to supply ALS compressors to NYK’s LNG carriers

TMC Compressors (TMC) has been awarded a contract by Hyundai Heavy Industries (HHI) to deliver marine Air Lubrication System (ALS)...
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The top 4 benefits of good ship engine maintenance practices

Ship engine maintenance might seem like a costly and time-consuming task that simply cannot be avoided. But when it’s well...
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China’s LNG imports set to slow

China appears to have taken advantage of low prices in the spot market so far in 2024 to boost the...
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NIBC reaches agreement on the sale of its shipping portfolio to Hamburg Commercial Bank

NIBC announces that it has reached agreement to sell its shipping portfolio to Hamburg Commercial Bank (HCOB). This divestment enables...
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Asia Fuel Oil-HSFO premium eases; VLSFO steady in quiet trade

Spot premiums for 380-cst High Sulphur Fuel Oil (HSFO) retreated in Asia on Monday, while Very Low Sulphur Fuel Oil...
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Baltic index falls as larger vessel rates dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Monday, weighed...
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Celebrating seafarers worldwide on 25 June: International Day of the Seafarer

On the International Day of the Seafarer, IMO Secretary-General Mr. Arsenio Dominguez pays tribute to the 2 million seafarers who...
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Red Sea gives shipping an Uber-style price surge

Anyone who has tried to secure an Uber at a busy time of day will have experienced the ride-hailing app’s...
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