News Flash

Oil Tanker Seized By Iran In 2023 Bound For Oman Port, Shows Tracking Data

On Thursday, ship tracking data showed the vessel moving to international waters, with its destination being Khor Fakkan in the...
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China’s June Coal Imports Rise As Heat Boosts Electricity Demand

Customs data showed on Friday that China's coal imports in June rose 12% year-on-year, as heatwaves in the world's top...
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Nine Ports Compete for The ESPO Award 2024, Rewarding Circular Economy Projects in Europe’s Ports

The ESPO secretariat received nine submissions for the 16th edition of the ESPO Award. In accordance with this year’s theme,...
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Adani Ports Aims To Complete Phase One Of Long-Delayed Port By Year-End

Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this...
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Russia’s May Seaborne Oil Product Exports Up 10.4% M/M, Calculations Show

Russia's seaborne oil product exports in May rose to 9.595 million metric tons, up 10.4% month on month, after seasonal...
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Bangladeshi Banking Sector Called to Action On Ship Recycling

Bangladesh’s banking and finance sector is being invited to step up support for the country’s ship recycling industry - a...
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China June Crude Oil Imports Fall 11% On Year, H1 Imports Down 2.3%

China's crude oil imports in June were down 11% from a high base a year earlier, official customs data showed...
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World Maritime Day Theme 2025: Our Ocean – Our Obligation – Our Opportunity

Protecting the ocean is central to the 2025 world maritime theme. Our Ocean - Our Obligation - Our Opportunity has...
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Asia Fuel Oil-VLSFO Margin Logs Weekly Drop Amid Ample Prompt Supply

Refining margins for Very Low Sulphur Fuel Oil (VLSFO) posted a weekly decline as of Friday, according to trade sources....
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Baltic Index Logs Weekly Gain On Higher Vessel Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to...
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Extreme weather halts container traffic at Cape of Good Hope

Severe weather conditions near the Cape of Good Hope have halted container traffic this week, according to an analysis by...
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Yanmar and Amogy to explore ammonia-to-hydrogen integration for decarbonized marine power

Yanmar Holdings Co., Ltd. (Yanmar) and Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, have entered into a...
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Yemen Houthi rebels fired an Iranian missile at Norwegian-flagged ship, debris analyzed by US shows

Yemen’s Houthi rebels likely fired an Iranian-made anti-ship cruise missile at a Norwegian-flagged tanker in the Red Sea in December, an...
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INTERCARGO and INTERTANKO join shipping industry in calls for IMO to amend flaws in CII

With discussions regarding the IMO’s Carbon Intensity Index (CII) due to recommence at their Marine Environment Protection Committee (MEPC) 82...
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KPI OceanConnect achieves the first biofuel delivery for a foreign container shipping company in South Korea

KPI OceanConnect, the leading global provider of marine energy solutions, has announced the successful delivery of 500mt of B30 HSFO...
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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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