News Flash
ClassNK grants Innovation Endorsement for Products & Solutions to Digital Learning Management System by MarinePALS
ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to “Digital Learning Management System” (Ver.2) developed by MarinePALS, a...
Read More
India rebuilds coal stocks to ensure electric reliability
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal...
Read More
ZeroNorth acquires Euronav’s FAST platform, accelerating shipping industry’s Journey to Zero Emissions
Technology company ZeroNorth and shipping company Euronav have today announced that ZeroNorth will acquire and manage Euronav’s Fleet Automatic Statistics...
Read More
Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says
Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies...
Read More
Traders divert Russian oil products around Africa to avoid Red Sea -sources, LSEG
Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk...
Read More
Is the Red Sea effect on container shipping being overblown?
No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape of Good Hope. But...
Read More
Baltic index falls in January as rates log worst month in eight
The Baltic Exchange’s dry bulk sea freight index was mostly flat on Wednesday but headed for a monthly decline, as...
Read More
90POE and Harbor Lab join forces to set a new standard in efficiency and transparency of port operations and disbursement management
In a landmark joint announcement, 90POE and Harbor Lab are delighted to reveal their strategic integration partnership. This collaboration unites...
Read More
Euro zone economy lags global growth as Germany struggles
The euro zone’s economy stagnated last year, underperforming the rest of the world as former powerhouse Germany struggled with an...
Read More
Saudi Aramco gets directive to keep maximum sustained crude capacity at 12 mil b/d
Saudi Arabian state-run oil giant Aramco was directed by the country’s energy ministry to maintain its maximum sustainable crude capacity...
Read More
Iron ore falls as China property market woes outweigh stimulus cheer
Iron ore futures dropped on Tuesday as concerns over the indebted property sector in top consumer China countered optimism from...
Read More
Baseblue and Bunker One Collaborate on GHG-Reduction Initiative with Wagenborg Shipping
Baseblue, a maritime energy solutions provider, has joined forces with Bunker One to spearhead the delivery of GHG-reducing fuel, advancing...
Read More
India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh
India’s exports of low-sulphur diesel to Europe are poised to hit a fresh two-year low in January, after an unprecedented...
Read More
Clean energy growth gives ammonia and methanol export trades the green light
The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes of renewable ammonia, outstripping growing volumes...
Read More
Asia Fuel Oil-Cargo premium uptrend pares on amply-supplied market
Asia’s cargo premium for very low sulphur fuel oil (VLSFO) eased on Tuesday amid a backdrop of ample supplies, even...
Read More
Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels
Seanergy Maritime Holdings Corp., through its wholly-owned subsidiary Seanergy Shipmanagement Corp., is the first Greek-based shipping company to accomplish a...
Read More
Baltic index slips on weaker rates across segments
The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, logging its biggest decline in over two weeks on...
Read More
Air freight rates rise amid Red Sea crisis and in run-up to Asia’s Lunar New Year
Global air freight rates have climbed for the first time in seven weeks ahead of Asia’s lunar new year and...
Read More
ABB and Norwegian Cruise Line Holdings expand long-term partnership
ABB and Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to accelerate the decarbonization and digitalization of...
Read More
Trafigura assesses Red Sea risks after tanker attacked by Houthis
Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put...
Read More