News Flash
Premier Alliance to Cooperate with MSC in Asia – Europe Trade
Yang Ming Marine Transport Corp. (“Yang Ming”), a member of Premier Alliance, is pleased to announce the slot exchange cooperation...
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Plymouth Marine Laboratory joins Seabed 2030 to advance understanding of the global ocean
The Nippon Foundation-GEBCO Seabed 2030 Project has entered into a new partnership with Plymouth Marine Laboratory (PML), a leading UK-based...
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Shipping lenders’ climate risk exposure
Lenders to shipping are increasingly considering climate performance when setting loan margins, a study has found. However, their focus remains...
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Globus Maritime Limited Reports First Half Net Income of $17.2 Million
Globus Maritime Limited, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and...
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Cargo Integrity Group reminds of the need for accurate and reliable emergency contact information
The Cargo Integrity Group is issuing an urgent reminder of the need for an emergency contact telephone number to be...
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JX, NYK, and KNCC Jointly Conduct Demonstration Experiment of Elevated Pressure (EP) Method in CO2 Liquefaction and Storage Process
On August 28, JX Nippon Oil & Gas Exploration Corporation (JX), Nippon Yusen Kabushiki Kaisha (NYK), and NYK’s affiliate Knutsen...
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Know your wood – Sustainable Shipping
Potential impact on shipping Cargo ships regularly carry wood as cargo or to secure cargo (e.g. as dunnage). Consequently, large...
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MOL and Chevron Shipping Company to Install Wind Challenger on LNG Carrier Wind-Assisted Ship Propulsion Systems is an LNG Shipping First
As part of their ongoing commitment to lower the carbon intensity of their operations, Mitsui O.S.K. Lines, Ltd. (MOL) and...
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Asia Fuel Oil-VLSFO benchmarks log weekly declines
Asia’s benchmarks for Very Low Sulphur Fuel Oil (VLSFO) logged weekly declines as of Friday, a sign that the market...
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Baltic index en route to weekly fall as capesize dips
The Baltic Exchange’s main sea freight index fell on Friday and was on its way for its first weekly decline...
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Hellenic Hull Management and Concirrus driving Digital Transformation in underwriting business
Concirrus, the leading provider of AI-powered marine insurance intelligence, today announced that has joined forces with Hellenic Hull Management (HMA),...
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Saudi crude oil supply to China set to rise to 46 mln bbls in Oct, sources say
Saudi Arabia’s crude oil supply to China is set to rise to 46 million barrels in October, trade sources said...
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Asian LNG buyers seek flexible contracts to backstop supply security
Asian LNG importers are increasingly using flexibility in LNG contracts to manage supply security such as adjustment of offtake volumes...
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DNV and Brinav signs MOU further broadening their autonomy collaboration
Classification society DNV and Navigation Brilliance (Brinav), have signed a memorandum of understanding (MOU) on autonomous collaboration. Under the terms...
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China’s crude oil imports rebound, but it’s prices, not consumption
China’s crude oil imports staged a rebound in August, rising to the highest in a year, but the increase is...
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Trump tariff threats will trigger import ‘rush,’ say trade experts, and consumers pay the price
Trade analysts are warning that new tariffs threatened by former President Donald Trump, which he doubled down on during Tuesday...
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Asia Fuel Oil-VLSFO eases while HSFO retains support
Asia’s very low Sulphur fuel oil (VLSFO) showed signs of further easing on Thursday as backwardation narrowed at the prompt...
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Baltic index falls as capesize rates decline
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Thursday, weighed down...
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European shipowners and fuel producers join forces and launch Clean Maritime Fuels Platform
Access to clean maritime fuels is a top priority for the decarbonisation of the shipping sector. The recently published Draghi...
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Risky salvage of Sounion tanker to restart in Red Sea this week, sources say
Experts will this week resume a risky operation to salvage the Sounion tanker which was attacked by Yemen’s Houthis in...
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Recent News
Premier Alliance to Cooperate with MSC in Asia – Europe Trade
Plymouth Marine Laboratory joins Seabed 2030 to advance understanding of the global ocean
Shipping lenders’ climate risk exposure
Globus Maritime Limited Reports First Half Net Income of $17.2 Million
Cargo Integrity Group reminds of the need for accurate and reliable emergency contact information