News Flash

Dual Fuel Fleet Additions Continue to Rise

Owners are shifting to dual fuel systems in order to achieve net-zero emissions and comply with current environmental standards in...
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Bourbon, Opsealog Form Digital Partnership to Cut OSV Fleet Emissions

Enhanced fleet monitoring and data-driven optimization will be deployed across Bourbon’s global marine and logistics fleet of 104 vessels as...
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CMA CGM Embarks on a Strategic Partnership with Google to Deploy AI across all Shipping, Logistics, and Media Activities

CMA CGM, a global leader in sea, land, air and logistics solutions, and Google announced a strategic partnership to accelerate...
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Dry Bulk Newbuild Contracting Fell 34.2%, Despite a Strong Market

During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions....
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Black Sea Suezmax Freight Tumbles Amid Weak August Demand

Freight rates for Suezmax voyages loading in the Caspian Pipeline Consortium and discharging in the Mediterranean dropped substantially on the...
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Port Of Long Beach Container Volume Up 15.3% To 835,412 Teus In June 2024

According to the company's release, the Port of Long Beach achieved its most active June and busiest quarter on record,...
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Salvage Team To Start Pumping Fuel From Grounded Vessel On South African Coast

Authorities said on Wednesday, according to Reuters, that a salvage team hopes to take advantage of a respite in the...
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LNG Carrier Completes Arctic Voyage To China In 18 Days

Liquefied Natural Gas (LNG) carrier Eduard Toll completed an early-season eastbound voyage along Russia’s Northern Sea Route arriving in Xiuyu,...
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Yangzijiang To Invest $412 Million In Shipyard Expansion

According to Seatrade Maritime, Yangzijiang Shipbuilding plans to expand its facilities, focusing on LNG and clean energy vessels. The Singapore-listed...
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Helsinki, Tallinn Ports Get €15m EU Funding

The Port of Helsinki announced in a press release on Tuesday that a twin-port project of the Port of Helsinki...
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Russia Ships First Grain from New Baltic Terminal

The Russian agricultural watchdog told Reuters that Russia has shipped its first grain from a new terminal at the Baltic...
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Asia Fuel Oil-VLSFO Firms On Stronger Bids For August Cargoes

Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) firmed in Asia on Wednesday, led by higher-priced bids for cargoes...
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Baltic Index Hits One-Month Low As Capesize Rates Slide

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for the third...
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Maersk Says Red Sea Shipping Disruption Having Global Effects

Denmark’s A.P. Moller-Maersk said on Wednesday that disruption to its container shipping via the Red Sea had extended beyond trade...
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Greek Navy Extends Advisory To Curb Russian Oil Ship-To-Ship Transfers, Sources Say

Three sources said the Greek navy this week extended an advisory effectively banning ship traffic off the coast of the...
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United Heavy Lift: F900 Eco-Lifter fleet is now complete

On July 15, the UHL Fable was named at the Baakenhöft Terminal near the Elbphilharmonie concert hall in the Port...
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Crew of capsized oil tanker off Oman still missing, maritime centre says

The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the country's maritime security centre...
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GTT entrusted by Samsung Heavy Industries with the tank design of a new FLNG

GTT announces that it has received, during the second quarter of 2024, an order from its partner the Korean shipyard...
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H2Global pilot auction: first renewable hydrogen carrier ammonia supply for EU via Port of Rotterdam

Hintco GmbH announces Fertiglobe as the successful bidder of the first H2Global pilot auction for renewable ammonia, funded by the...
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Action plan to boost oil spill response in the Black Sea

Countries bordering the Black Sea have outlined an action plan to strengthen the oil spill response capabilities of the region...
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