News Flash

Union dockworkers, ports to resume negotiations ahead of 15 Jan deadline

Union dockworkers, ports to resume negotiations ahead of 15 Jan deadline

Union dockworkers and representatives for US Gulf and East Coast ports are expected to resume negotiations on a new master...
Read More
Alternative-fuelled ship orders grow 50% in 2024

Alternative-fuelled ship orders grow 50% in 2024

Shipowners continued to invest for a future of lower emissions in 2024, with 600 vessels capable of using alternative fuels...
Read More
Baltic index extends gain as larger vessel rates firm

Baltic index extends gain as larger vessel rates firm

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a...
Read More
TMC’s energy-saving compressors chosen for methanol-fuelled container vessels

TMC’s energy-saving compressors chosen for methanol-fuelled container vessels

Yangzijiang Shipbuilding Group has awarded a contract to TMC Compressors to deliver its highly energy-efficient Smart Air compressors to six...
Read More
HD Hyundai hunts shipbuilding growth despite rise in global protectionism

HD Hyundai hunts shipbuilding growth despite rise in global protectionism

HD Hyundai Chairman Kwon Oh-gap urged employees across the group’s heavy industry affiliates to stay vigilant as protectionist policies intensify...
Read More
Shipbreaking industry to implement workers’ minimum wages from new year

Shipbreaking industry to implement workers’ minimum wages from new year

The country’s shipbreaking industry is going to implement the minimum wages for its workers, set by the Ministry of Labour...
Read More
LILA GLOBAL – Diversified fleet of quality ships

LILA GLOBAL – Diversified fleet of quality ships

Lila Global is pleased to announce the appointment of Dr. Abdul Rahim as its Chief Maritime Strategy and Innovation Officer....
Read More
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches

Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches

Russian officials warned of severe environmental damage Wednesday as thousands of people came out to clean up tons of fuel...
Read More
As Biden administration winds down, US ramps up strikes on Houthi rebels

As Biden administration winds down, US ramps up strikes on Houthi rebels

The US is stepping up its strikes against the Houthi rebels in Yemen, an effort in the waning days of...
Read More
The Risks of Decarbonized and Digitalized Shipping

The Risks of Decarbonized and Digitalized Shipping

Imagine a harbor in a major maritime conflict. A large container ship sits idle because the Liquefied Natural Gas (LNG)...
Read More
Asia Fuel Oil: Premiums inch higher on first trading day

Asia Fuel Oil: Premiums inch higher on first trading day

Spot fuel oil premiums in Asia edged up on the first trading day of 2025, buoyed by stronger-priced bids, though...
Read More
IMO Secretary-General new year message

IMO Secretary-General new year message

International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has highlighted key items on the IMO agenda for 2025. In a video...
Read More
Baltic index rises on gains in larger vessel segments

Baltic index rises on gains in larger vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday,...
Read More
NorthStandard members embrace digital watchkeeping technology

NorthStandard members embrace digital watchkeeping technology

Five heavyweight shipping companies are set to install Orca AI’s situational awareness systems on selected vessels. The companies are members...
Read More
How offshore charging systems can power maritime’s net zero transition

How offshore charging systems can power maritime’s net zero transition

As the world grapples with ambitious net zero targets, more focus than ever is being placed on the maritime industry....
Read More
Navantia strikes Harland and Wolff deal at knocked-down price

Navantia strikes Harland and Wolff deal at knocked-down price

The Spanish company struck a hard bargain but, with no other parties in the ring, it could call the shots....
Read More

Monjasa to start LNG bunkering in the UAE

The bunker company chartered the 5,000 cu metres Green Zeebrugge in Amsterdam in November, and she is now enroute UAE with estimated arrival in...
Read More
McAllister Towing celebrates 160 years in style

McAllister Towing celebrates 160 years in style

The crowd, many dressed in colors reflecting the Holiday season, included customers, suppliers, and numerous employees. The pre-dinner cruise, along...
Read More
Cosco Shipping Bulk orders 10 new bulkers

Cosco Shipping Bulk orders 10 new bulkers

Cosco Shipping Bulk has inked a contract for ten 82,000 dwt bulk carriers with Jiangsu Hantong Heavy Industry. The vessels will...
Read More
AD Ports Group completes Noatum integration

AD Ports Group completes Noatum integration

AD Ports Group announced it has completed the biggest corporate restructuring in its history with the integration of Noatum Group into...
Read More