News Flash

Boers Crew Services committed to diversity with relocation of Filipino employees to Germany

Diversity and nurturing talent are high on the agenda for BCS Group – Boers Crew Services as it welcomes three...
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Accidents on ships under scrutiny as InterManager submits statistics to IMO

Accidents onboard ships are not decreasing, according to latest accident statistics submitted to the International Maritime Organization by shipmanagement association ...
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IMO reshapes its strategy for technical support to Member States

IMO’s Technical Cooperation Committee has made headway towards finalizing a streamlined, comprehensive strategy for the organization’s technical support for Member...
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Rio Tinto’s iron ore shipments miss estimates due to May train derailment

Global mining giant Rio Tinto reported second-quarter iron ore shipments below analyst estimates on Tuesday, reflecting impacts to production from...
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Shipowners and managers must look at solutions to help them comply with upcoming FuelEU Maritime rules, says Columbia Group

Solutions must be in place to help ship owners with navigating the complex challenges of complying with the new FuelEU...
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Pakistan’s Largest Refiner to Export Around 50,000 Mt Of Fuel Oil Amid Weak Domestic Demand

Pakistan's government has allowed the country's biggest refiner, Pak Arab Refinery, to export around 50,000 mt of fuel oil by...
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CSP Abu Dhabi Terminal Surpasses Throughput Of 5 mln TEUs

The cumulative throughput at the CSP Abu Dhabi Terminal surpassed 5 million TEUs (twenty-foot equivalent units) on July 5, with...
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Asia Fuel Oil-HSFO Softens, More Residual Fuel Tenders Underway

Benchmarks for High Sulphur Fuel Oil (HSFO) eased on Monday, while more residual fuel tenders were underway in the spot...
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China Takes Lead In Shipping Russian Crude Amid New High For Non-G7 Share

More than 80% of Russian crude exports were transported by tankers operating outside of the G7's price cap in June,...
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Baltic Index Declines as Capesize Rates Fall

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Monday...
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Adani Plans to Build Port in Vietnam

Adani Ports and Special Economic Zone Ltd. has secured an “in-principle approval from the Vietnamese government” for a greenfield development...
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HD Korea Shipbuilding Wins US$2.67 Billion Order to Build 12 Container Carriers

According to Yonhap, HD Korea Shipbuilding & Offshore Engineering Co., a major South Korean shipyard said Monday it has secured...
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Maersk Introduces SH3 Ocean Service Between China and Bangladesh

A.P. Moller-Maersk (Maersk) launched a new ocean shipping service between China and Bangladesh to meet the growing trade demand, especially...
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Singapore’s Bunker Sales Rise 8.5% In The First Half Of 2024

Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showed on Monday,...
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Seaspan Shipyards welcomes the formation of the “ICE Pact”

Seaspan Shipyards welcomes the formation of the Icebreaker Collaboration Effort (ICE Pact), the trilateral partnership between Canada, Finland, and the...
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Brazil’s Manaus port applies low water surcharge anticipating drought season

Companies operating at Brazil's inland Manaus port, located on the Rio Negro in Amazonas state, have stablished a low water...
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First Senegalese crude cargoes bound for Dutch, German refineries: sources

Senegal's first ever crude cargoes will supply refineries in the Netherlands and Germany, according to trading sources and ship-tracking data,...
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Indian refiners likely saved at least $10 bn due to discounted Russian oil

Indian refiners may have been able to save at least $10.5 billion by purchasing Russian oil at discounted prices after...
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Will the alternative steel making process suppress Capesize charter rates in the long term?

Even though the steel making process tries to move away from the blast furnace-based route (that depends on iron ore)...
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Signing of the Oslo Declaration: 5 policy questions related to CCUS

Port of Antwerp-Bruges, Fluxys and key players from the chemical industry signed the Oslo Declaration during the Belgian economic mission...
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