News Flash
An Important Step Towards Safer Transportation Of Plastic Pellets
The IMO has adopted guidelines for the transport of plastic pellets at sea. The purpose is, of course, to ensure...
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How The Red Sea Disruption Is Affecting Industry
With several big shipping companies diverting their routes away from the Red Sea due to current conflicts, the delivery of...
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Vitol completes first delivery of B30 biofuel blend in Singapore
Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration...
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Norway’s BW LNG buys two LNG carriers from Stena Bulk, expands fleet to 34 ships
BW LNG has significantly expanded its fleet with the recent acquisition of two additional LNG carriers from Stena Bulk, it...
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The International Propeller Club’s Remarks On The Francis Scott Key Bridge Accident
The International Propeller Club mourns the loss of at least six bridge workers as a result of yesterday’s allision of...
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Magaya announces multimillion-dollar investment aimed at fortifying its digital freight platform to accommodate rapid growth and enhance customer experience
Magaya, the leading provider of logistics and supply chain automation software, is committing an additional multimillion-dollar investment in 2024 allocated...
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US exports record number of LNG cargoes to Asia via Cape of Good Hope in March
US LNG cargoes looking to reach Asia are continuing to choose the longer route through the Cape of Good Hope...
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Baltic index posts worst week in more than two months
The Baltic Exchange’s main dry bulk sea freight index extended declines on Thursday to post its worst week since early...
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Baltimore port bridge collapse: Global ocean carriers put U.S. companies on hook for urgent cargo pickup
Ocean carriers are declaring “force majeure” due to the Baltimore port bridge crisis, telling logistics companies and U.S. shippers including...
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More and more shippers are taking action on seaborne GHG emissions
Strong growth for Maersk ECO Delivery Ocean product in 2023. Over 200 customers saved more than 680,000 tons of GHG...
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Weichai Showcases Advanced Offshore Marine Power Solutions at APM 2024
The 2024 Asia Pacific Maritime (APM 2024), a cornerstone event for the maritime sector, was held at Marina Bay Sands...
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Hapag-Lloyd to seek cost cuts after net profit slump
German container shipper Hapag-Lloyd HLAG.DE on Thursday said global vessel oversupply and a crisis in the Red Sea will force...
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Baltic index posts sixth straight weekly gain
The Baltic Exchange’s main sea freight index rose on Friday and posted a sixth consecutive weekly gain, steered by strong...
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Three key takeaways from our Europe gas markets short-term outlook Q1 2024
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and...
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Asia Fuel Oil-Spot differentials, margins end week on stable note
Asia’s fuel oil market was broadly unchanged on Friday, with spot differentials and margins holding relatively stable from the previous...
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CMA CGM signed a put option agreement for Altice Media
Rodolphe Saadé, Chairman & CEO of the CMA CGM Group, declared: Through this contemplated acquisition, we have the ambition to...
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Despite challenges, American Club experiences stability with the 2024 P&I renewal
The American Club has reported relatively moderate drops from the year-on-year renewal results, which reflects overall stability within the context...
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Fleet Upgrades Enabled Seanergy Maritime To Navigate Capesize Market Volatility During 2023
Seanergy Maritime Holdings Corp., announced today its financial results for the fourth quarter and twelve months ended December 31, 2023....
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Yemen’s Houthis threaten to extend ship attacks to Indian Ocean
Yemen’s Houthis vowed to prevent Israel-linked ships from passing through the Indian Ocean towards the Cape of Good Hope, the...
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IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table
The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some...
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