News Flash

CMA CGM Vessel Loses 44 Containers Overboard in South African Storms

Heavy seas and strong winds are continuing to batter shipping along the South African coast and the massive containerships on...
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ZeroNorth helps Singapore take further leap towards digitalised bunkering, as Vitol Bunkers goes live

Technology company ZeroNorth is now providing its eBDN  solution on 12 barges operated by Vitol Bunkers in Singapore for supply...
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Shipping warning as centuries-old Arctic ice released

A presumption that rapidly melting Arctic sea ice will open up new shipping routes has sparked a warning from scientists...
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No room for complacency: maritime piracy incidents fall but crew safety remains at risk

ICC’s International Maritime Bureau (IMB) is calling for sustained vigilance to protect seafarers amid increasing violence, despite an overall drop...
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Baltic index extends gains as rates for smaller vessels rise

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, extended gains from the...
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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Northwest Europe According to a trader, LSMGO demand has been muted in Rotterdam and the wider ARA hub. Availability of...
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Maersk Loses Reliability Crown to PIL After Almost Three Years

PIL had the most reliable schedule among the top 12 container lines in Q2 2024 when arranged by average delay...
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Container Rates Rise Again With More To Come

Drewry’s World Container Index (WCI) for 20 June showed a 7% increase in its composite index to $5,117 per feu....
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Attacks On Red Sea Shipping Bankrupt Israeli Port

Eilat is situated on Israel’s southern coast on the Red Sea, linking the country to Asia and the Indian Ocean...
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Singapore Port Operator Says Vessel Waiting Time Reduced to Two Days

A combination of longer container ship rerouting via the Cape of Good Hope to avoid attacks by the Houthi in...
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Ukrainian Seafarers’ Mental Health Suffers Amid War Back Home

Charitable organization Stella Maris is issuing a warning regarding the escalating levels of loneliness and depression among Ukrainian seafarers as...
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Asia Fuel Oil-Spot premiums dip; Kuwait sells VLSFO for July

Spot fuel oil premiums eased in Asia on Wednesday with more tenders underway, while Kuwait's Al Zour refinery also awarded...
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U.S. Containerized Imports Continue Strong Year-on-Year Gains

U.S. container import volume continued the robust growth seen in 2024, with June volumes increasing 10.4% over the same month...
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Bio-LNG Bunker Fuel Key to Supporting LNG’s Future In Stricter Maritime Emissions Climate

While the bio-LNG bunkering market is still in its infancy, companies have been closely eyeing the market as a means...
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Baltic Index Snaps 5-Day Losing Streak On Higher Vessel Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, snapped its five-session losing...
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Dan-Bunkering continues to deliver strong results

Dan-Bunkering shows solid financial achievements and presents a strong EBT of USD 47 million and a revenue of USD 3.8...
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Value Maritime to decarbonise two ForestWave general cargo sister ships

Value Maritime advances ForestWave sustainability strategy with the supply of two 3MW Filtree Exhaust Gas Cleaning Systems (EGCS) and Carbon...
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Gautam Adani plans to build ships at India’s largest port, Mundra: Report

Billionaire Gautam Adani is reportedly looking to build ships at his flagship port at Mundra port, the country’s largest, in...
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Wärtsilä simulators to support Singapore’s Wavelink Maritime Institute with preparing crew for shipping’s sustainable fuels

Technology group Wärtsilä has supplied its new dual-fuel engine simulator technology for Wavelink Maritime Institute (WMI), the maritime training arm...
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GTT Strategic Ventures invests in Seaber.io, specialising in the digitalisation of bulk shipping

GTT Strategic Ventures, the investment fund of the GTT Group, announces that it has invested, alongside Counterview Capital, Lifeline Ventures...
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