News Flash

US has not asked India to cut Russian oil purchases, American official says

The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed...
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Baltic index edges lower on weaker panamax, supramax rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Wednesday, pressured...
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Turkey, Brazil remain main importers of Russian seaborne diesel

Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the...
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Kaiko Systems and i.safe MOBILE Singapore announce strategic partnership to revolutionise ship inspections ahead of SIRE 2.0 implementation

Kaiko Systems, a pioneer in mobile-first ship inspection technology, and i.safe MOBILE, innovation and world market leader for explosion-proof mobile...
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CMA CGM Group joins Renault and Volvo as founding member of Flexis SAS, a joint venture for the revolutionary generation of electric vans

CMA CGM Group is delighted be a founding member of the next generation of electric vans venture, Flexis SAS, alongside...
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More Money for Transport: EU transport sector calls for a robust transport funding instrument to continue to play its strategic role for Europe

44 European transport organisations, representing the key spectrum of Europe’s transport network, operators and stakeholders, are again joining forces in...
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Second channel opens around collapsed Baltimore bridge, but not for shipping

Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday but most commercial...
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HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum...
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COSCO Shipping to bulk up with 80 new vessels

COSCO Shipping Specialized Carriers Co, a unit of State-owned China COSCO Shipping Corp — based in Guangzhou, Guangdong province —...
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IMO agrees possible outline for maritime “net-zero framework”

IMO has agreed on an illustration of a possible draft outline of an “IMO net-zero framework” for cutting greenhouse gas...
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Korea reclaims crown from China as world’s top shipbuilder

South Korea reclaimed the crown from the Chinese as the world’s largest shipbuilder after three years last quarter, sweeping global...
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China, India boost seaborne thermal coal imports as power demand surges

China and India lifted imports of seaborne thermal coal to three-month highs in March as the world’s two biggest buyers...
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QatarEnergy bolsters LNG fleet with 19 new ships

QatarEnergy has signed new contracts with international companies to operate 19 more LNG vessels, bringing to 104 ships being added...
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“K” LINE enters into Long-Term Time Charter with QatarEnergy for Four Newbuilding LNG vessels

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce the execution of four long-term Time Charter contracts through joint...
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ABS Industry First Audit of ECOLOG for the Operation of LCO2 Carriers

ABS has awarded ECOLOG, a mid-stream Carbon Capture, Utilization and Sequestration (CCUS) service provider, with an industry first ISM Document...
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Euroseas Ltd. Announces One-Year Time Charter Contract and Completion of Retrofits for its Intermediate Containership, M/V Synergy Antwerp

Euroseas Ltd, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today...
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Shipping industry faces fuel dilemma in bid to cut emissions

The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels...
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Innovation from North-East pioneering green technology company on track to revolutionise decarbonisation of vessels

Oasis Marine, a small company in North-East Scotland, is leading the way in the decarbonisation of vessels with pioneering technology....
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Trapped vessels start moving out of Baltimore after bridge collapse

The Port of Baltimore opened a temporary channel on Monday, freeing some tugs and barges that had been trapped by...
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The Sea Cargo Charter expands its scope to accelerate shipping’s decarbonization

The Sea Cargo Charter (SCC), a global framework for aligning chartering activities with responsible environmental behaviour to promote international shipping’s...
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