News Flash
Concession Agreements For 4 Gujarat Ports To Expire In Ten Years
The concession agreements of four crucial ports in Gujarat – Pipavav, Mundra, Hazira, and Dahej – are set to expire...
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Shipping From Asia To Latin America? A GRI Is Coming Up
A General Rate Increase (GRI) from Asia* to the West Coast of Latin America, Mexico, Caribbean*, Central America and Latin...
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Tanker Shipping Market Overview & Outlook
Houthis continue to attack ships in the Red Sea and the Gulf of Aden, and there is no end to...
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Bharat Petroleum Unveils India’s First Biofuel Blend HFHSD Bunker At Mumbai Port
Mumbai: Bharat Petroleum Corporation Ltd (BPCL) has set a new benchmark in the Indian Maritime Industry by launching first biofuel...
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Noatum Enters Egypt’s Maritime Market with The Acquisition Of Safina Shipping Services
Noatum, a subsidiary of AD Ports Group, has announced its acquisition of a majority stake in Safina B.V., a prominent...
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Naming & Delivery Ceremony of China’s 1st Two Offshore Wind Power SOVs Held
On 16 August 2024, the naming and delivery ceremony of the first two China-built offshore wind power SOVs (Service Operation...
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US East Coast Port Strike the Next Spanner In Supply Chains
The International Longshoremen's Association (ILA) has warned that its 85,000 members will strike on 1 October if a new contract...
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German LNG Terminal Operator Sues EU Over Competitor’s Subsidy
Two years after Germany rushed to launch its first onshore LNG import terminals, the operators are struggling to gain the...
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South Africa Commissions New Tugs and Launches in Port Renewal Plan
Transnet National Ports Authority, the government operator of South Africa’s ports, celebrated the commissioning of five new tugboats for the...
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USCG Polar Icebreaker Healy Returns to Seattle After Fire Suspends Mission
The U.S. Coast Guard’s polar icebreaker Healy returned to Seattle prematurely on August 16, approximately two months into her 2024...
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Indonesia seeks revision of biofuel carriage requirements
Indonesia has urged that conventional bunker vessels be allowed to carry up to B30 biofuel blends in its proposal to...
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Container shipping costs from South Korea to the U.S. east coast and Europe up for 3rd month
Container shipping costs from South Korea to the U.S. east coast and Europe increased for the third consecutive month in...
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Valeura Energy announced first oil production from its Nong Yao C development, offshore Gulf of Thailand
Valeura Energy Inc. announced first oil production from its Nong Yao C development, in Licence G11/48 (90% operated working interest),...
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The common salt exported by the Port of Valencia goes to the United States, Saudi Arabia and Finland
In total, Valencia has exported 18,729 tonnes of this product in the first half of the year, with the United...
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Port of Oakland shore power use at 94 percent in H1 2024
The Port of Oakland established a new record for shore power usage in the first six months of 2024, according...
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Van Oord’s flexible fallpipe vessel powered by biofuel blend
Recently, Van Oord achieved a significant milestone in its decarbonisation efforts with the first delivery of biofuel for its flexible...
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Viking Line to celebrate Baltic Sea Day by introducing the first green corridor ever on the Baltic Sea
Viking Line’s vessels serving the Turku route will reduce their emissions by 90 percent when the company runs those vessels...
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MPA and GCNS collaborate with maritime industry to strengthen capacity in carbon accounting and management
The Maritime and Port Authority of Singapore (MPA) and the UN Global Compact Network Singapore (GCNS) have signed a memorandum...
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Singapore July bunker fuel sales up 9.2% m/m after June’s sharp decline
Singapore's marine bunker sales logged a 9.2% monthly rebound in July after sliding sharply in June, official data showed on...
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Baltic index hits two-week high on rising capesize rates
The Baltic Exchange's dry bulk sea freight index. BADI, which tracks rates for ships carrying dry bulk commodities, rose to...
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