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...
Read More
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...
Read More
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...
Read More
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...
Read More
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,...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
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
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More