News Flash

Trump Praises India’s Stance on Repatriating Illegal Immigrants After Call with PM Modi

Trump Praises India’s Stance on Repatriating Illegal Immigrants After Call with PM Modi

U.S. President Donald Trump on Tuesday expressed confidence that India would take appropriate action regarding the repatriation of illegal immigrants...
Read More
Bureau Veritas Supports Final Delivery of CIMC SOE’s Third Advanced 7,600m³ LNG Bunkering Vessel

Bureau Veritas Supports Final Delivery of CIMC SOE’s Third Advanced 7,600m³ LNG Bunkering Vessel

Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification, is pleased to announce the successful...
Read More
Seacon Shipping Group has three major milestones in three days

Seacon Shipping Group has three major milestones in three days

At the beginning of the new year, Seacon Shipping Group has achieved a remarkable milestone within three days. Successful Launch...
Read More
NYK Positions Carbon Dioxide Removal (CDR) as Measure to Reduce Scope 1 Emissions

NYK Positions Carbon Dioxide Removal (CDR) as Measure to Reduce Scope 1 Emissions

On 27 Jan, the NYK Group issued a position paper positioning carbon dioxide removal1 (“CDR”) as a means to reduce...
Read More

Germany: Promoting Liquefied Natural Gas (LNG) as alternative fuel for ships

Germany’s maritime sector has asked the feral government to implement specific measures in an effort to introduce liquefied natural gas...
Read More
Container xChange Launches Free Leasing Marketplace: Global Access to Partners and Transparent Pricing for All

Container xChange Launches Free Leasing Marketplace: Global Access to Partners and Transparent Pricing for All

Container xChange, a leading global platform for container trading and leasing, has introduced free access to its One-Way leasing network....
Read More
VLSFO extends slide; HSFO holds steady

VLSFO extends slide; HSFO holds steady

Asia’s spot premium for very low sulphur fuel oil (VLSFO) extended declines on Monday, while high sulphur fuel oil (HSFO)...
Read More
China dominates global shipbuilding in 2024, capturing 71% of orders

China dominates global shipbuilding in 2024, capturing 71% of orders

Chinese shipyards captured 71% of global shipbuilding orders in 2024, with seven of the top 10 shipbuilders by order volume...
Read More
LNG ships explore lay up as freight earnings turn negative on record-low prices

LNG ships explore lay up as freight earnings turn negative on record-low prices

Asia-Pacific LNG freight day rates for tri-fuel diesel electric, or TFDE carriers have slipped below 10,000/day to historic lows, and...
Read More
FuelEU regulatory update: Exempted ports, routes and islands

FuelEU regulatory update: Exempted ports, routes and islands

FuelEU Maritime permits certain exemptions, which are valid until no later than 31 December 2029. Article 2 (points 3 to...
Read More
Baltic index down to near two-year low on weaker vessel rates

Baltic index down to near two-year low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped to a...
Read More
GSB Tankers and Asahi Tanker formed a JV for expansion in Asia

GSB Tankers and Asahi Tanker formed a JV for expansion in Asia

GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial...
Read More
Yemen bolsters port security capacity amid ongoing maritime threats

Yemen bolsters port security capacity amid ongoing maritime threats

A national training focused on enhancing port facility security was completed in Aden, Yemen (14-16 January), as part of the...
Read More
Port operator DP World weighs $1bln investment in Peru, says government

Port operator DP World weighs $1bln investment in Peru, says government

DP World is interested in investing more than $1 billion to expand port infrastructure in Peru, the country’s government said...
Read More
From steel to sea: A shipbuilding from A to Z

From steel to sea: A shipbuilding from A to Z

Ever wondered how ships come to life? Long before the ceremonial champagne bottle shatters and a ship receives its official...
Read More
Asia looks to US LNG ramp-up after Trump order to unleash energy supply

Asia looks to US LNG ramp-up after Trump order to unleash energy supply

Asia’s key LNG importers are looking to a boost in US LNG production in the coming years, following a turnaround...
Read More
S.Africa’s Richards Bay exports up 10% in 2024 amid rail improvement

S.Africa’s Richards Bay exports up 10% in 2024 amid rail improvement

Coal exports from South Africa’s Richards Bay Coal Terminal (RBCT) rose 10% to 52.08 million metric tons in 2024, the...
Read More
PPR 12: Shipping Nations Must Switch to Cleaner Fuels To Cut Black Carbon Pollution

PPR 12: Shipping Nations Must Switch to Cleaner Fuels To Cut Black Carbon Pollution

As a meeting of the International Maritime Organization’s (IMO) Pollution Prevention and Response sub-committee (PPR 12, 27-31 January) gets underway...
Read More
Propulsion Power Limitation – EEXI Document Requirements

Propulsion Power Limitation – EEXI Document Requirements

Many ships are now equipped with power limitation solutions to comply with EEXI regulations. Clear, up-to-date documentation of the applied...
Read More
India expands Russian insurers’ pool after US sanctions

India expands Russian insurers’ pool after US sanctions

India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, according to Indian...
Read More