News Flash

Comprehensively Providing the Japan Coast Guard with Marine Data Collected by Vessels in the Seas around Japan via IoS-OP

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that its commencement provision of marine data to the Japan...
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HD Hyundai Names World’s First Methanol-Powered Container Ship

HD Hyundai announced on Jan. 28 that it held a naming ceremony for a 16,200 TEU methanol-powered super-sized container ship...
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Ocean Technologies Group Launches Tender Boat Operator Training Course

Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions for the maritime industry, has launched a...
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Pacific International Lines First Shipping Line To Complete Full Integration With SGTraDex In Collaboration With KPI OceanConnect

Pacific International Lines (PIL) has successfully completed full integration with the Singapore Trade Data Exchange (SGTraDex) platform, making PIL the...
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Shipping is sizing up energy transition opportunities

industry is closely evaluating ordering, fuel and technology options now that there is greater clarity on global emissions reduction targets,...
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Dalian iron ore climbs to 3-week high on China demand hope

Iron ore prices in China hit a three-week high on Monday on hopes of improving demand amid policy support to...
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Asia Fuel Oil-VLSFO markets gain on firm bunkering demand hopes

Asia’s very low sulphur fuel oil (VLSFO) market inched higher on Monday on the back of growing demand for high-speed...
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Baltic index slips as bigger vessel rates fall

The Baltic Exchange’s dry bulk sea freight index fell on Monday, logging its worst session in two weeks as rates...
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Korean Shipbuilders Sweep Orders for VLACs

Korean shipbuilders have won all the orders for very large ammonia carriers (VLACs) ordered this year. The analysis suggests that...
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Stitching together a new era of streamlined supply chains

The background A renowned American fashion giant found itself tangled in a knotty supply chain chaos. The fast-paced world of...
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Israel’s Ashdod port sees strategic risk from China during Gaza war

Israel’s government-run port of Ashdod has complained that a rival Chinese-run terminal at the northern port of Haifa has become...
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US LPG, LNG freights diminish despite Red Sea attacks

LPG and LNG freight rates to Europe remain depressed on slim demand and full storages, with the impact of ongoing...
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Navig8 takes delivery of the first of six Eco-friendly newbuild MR IMO 2 vessels

The Navig8 Excel will utilise a range of technologies that improve operational efficiency, lessen fuel consumption, and reduce emissions. The...
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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...
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Clean LR2 freight at almost four-year highs as Red Sea conflict squeezes supply

Clean tankers’ freight rate for Europe-bound voyages Jan. 25 hit its highest level in almost four years, as longer voyages...
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Red Sea, Black Sea and Panama Canal: UNCTAD raises alarm on global trade disruptions

The UN’s trade and development body, UNCTAD, has raised profound concerns over escalating disruptions to global trade. It says that...
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Shipping transits through Suez Canal plunge 42% amid Houthi attacks

Weekly shipping transits through the Suez Canal, a vital trade link between Europe and Asia, plunged by 42 per cent...
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Sanctions squeezing Sibur’s supply of tankers for Ust-Luga LPG, sources say

Russia’s largest petrochemical company and exporter of liquefied petroleum gas (LPG) Sibur is reducing LPG exports from the Baltic Sea...
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U.S. monthly dry natural gas production set a new record in December 2023

U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 billion cubic feet...
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Iron ore extends gain as China pledges lift sentiment

Iron ore futures climbed for the second consecutive session on Wednesday, aided by improved risk sentiment amid efforts by authorities...
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