News Flash
Tokyo And The Paris Memoranda Of Understanding To Launch A Joint Concentrated Inspection Campaign On Crew Wages And Seafarer Employment Agreements
The Member Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a...
Read More
Panama Canal To Allow 36 Daily Transits By September
According to the company's release, consistently strong rains will allow the Panama Canal to accommodate 36 transits a day from...
Read More
MOL Secures AiP For Wind Challenger-Equipped LNG Carrier Design
Mitsui O.S.K. Lines (MOL) has announced it has been awarded approval in principle (AiP) by Nippon Kaiji Kyokai (ClassNK) for...
Read More
Russia’s August Western Port Oil Loadings To Rise 9% M/M, Sources Say
Russia will increase oil exports via its western ports to 1.95 million barrels per day (bpd) in August, up by...
Read More
Asia’s Crude Oil Imports Drop In July As China Stays Weak
Asia's crude oil imports dropped to the lowest in two years in July as demand remained weak in top importer...
Read More
Baltic Index Snaps 10-Session Losing Streak As Capesize Rates Gain
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a 10-session...
Read More
Red Sea crisis hits volumes at port of Piraeus
Piraeus reported that in June it experienced a decrease of 10.1% in containers handled, contributing to a broader 12.9% downturn...
Read More
Wartsila to transfer its manufacturing site in Trieste, Italy to shipping company MSC
In July 2022, technology group Wartsila announced a plan to ramp down manufacturing in Trieste and to centralise its 4-stroke...
Read More
Jones Act Investments Strong as JP Morgan Group is Latest in the Sector
Investor interest in the protected U.S. Jones Act shipping market is growing as demonstrated by the news that a group...
Read More
China’s first 10,000 DWT methanol dual-fuel integrated electrically-propelled inland bulk carrier completes sea trial
On July 29, China’s first domestic 10,000 DWT methanol dual-fuel integrated electrically-propelled inland bulk carrier “Guoneng Changjiang 01” successfully completed...
Read More
APSEZ kicks Off FY25 With A strong 47% PAT Growth In Q1
Adani Ports and Special Economic Zone Ltd (“APSEZ”) today announced its results for the quarter ending 30 June, 2024. “FY25...
Read More
Havila Shipping ASA: Information on the development of the company’s debt
Information on the development of the company's debt Reference is made to previous statements, most recently in the interim report...
Read More
Maersk Sees Red Sea Disruption Lasting Through 2024
The global transport disruptions caused by the conflict in the Red Sea will last longer than expected and won’t be...
Read More
International Shipping Coalition launches “Beyond Methane Pledge”, calling on industry leaders to end LNG
Backed by seven key civil society organizations, the Say No to LNG global shipping campaign today launched the ‘Beyond Methane...
Read More
Methane slip being eliminated as LNG uptake accelerates
Significant progress is being made to eradicate methane slip as uptake of the LNG pathway accelerates, and this is worth...
Read More
ICS: Hydrogen has an important but not dominant role in net zero
The International Chamber of Shipping (ICS) presents a new report identifying hydrogen demand sectors, demand locations, and the demand-pull timeline....
Read More
Enterprise Expands Houston Ship Channel Export Facility
Enterprise Products Partners L.P. announced that it is moving forward with a key expansion project along the Houston Ship Channel...
Read More
European Commission Approves €998 Million Dutch State Aid Scheme To Support Renewable Hydrogen Production
The European Commission has approved, under EU State aid rules, a €998 million Dutch scheme to support renewable hydrogen production....
Read More
ABB Modernizes MS Amera With DC Technology and Shore Connection for Improved Safety and Efficiency
Germany-based cruise operator Phoenix Reisen has modernized its 205-meter, 835-passenger capacity ship, MS Amera. The vessel is now equipped with...
Read More
Oil Spill Clean-Up Underway On South Africa’s West Coast After the Weekend Break-Up Of Grounded Panama-Flagged Cargo Vessel
Coastal clean-up operations are ramping up on South Africa’s west coast after an oil spill caused by the breakup of...
Read More