News Flash

Korean Shipbuilders Account for 2% of August Orders While Chinese Shipbuilders 90%

Korean Shipbuilders Account for 2% of August Orders While Chinese Shipbuilders 90%

The Korean shipbuilding industry's order share fell to just 2 percent in August due to selective orders, according to a...
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Libya oil exports still mostly shut, some ships loading from storage

Libya oil exports still mostly shut, some ships loading from storage

Libyan oil exports remained largely halted on Thursday, shipping data showed, but some tankers were being allowed to load crude...
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Recent Houthi attacks suggest new focus on oil tankers: Yemen-based expert

Recent Houthi attacks suggest new focus on oil tankers: Yemen-based expert

The Houthi rebels in Yemen appear to be prioritizing attacks on oil tankers in the Red Sea because their attack...
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DNV updates Emissions Connect to help industry mitigate FuelEU Maritime challenges and risks

DNV updates Emissions Connect to help industry mitigate FuelEU Maritime challenges and risks

DNV has unveiled an upgrade to its emissions data verification and data management platform, Emissions Connect, which will enable the...
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Baltic index edges up on higher capezise rates

Baltic index edges up on higher capezise rates

The Baltic Exchange's dry bulk sea freight index tracking rates for ships carrying dry bulk commodities edged up on Thursday...
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Adani Ports’ Records 5% Increase in Cargo Volumes In August 2024

Adani Ports’ Records 5% Increase in Cargo Volumes In August 2024

Adani Ports and Special Economic Zone (APSEZ) clocked 36.1 million metric tons (MMT) of cargo volume in August 2024, registering...
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Classnk Has Updated Its Report “Classnk Alternative Fuels Insight”

Classnk Has Updated Its Report “Classnk Alternative Fuels Insight”

ClassNK has updated its report “ClassNK Alternative Fuels Insight,” initially released in May 2024, to Version 2.0. This update includes...
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MOL Announces Naming Ceremony For LNG-Powered Ferry Sunflower Pirka

MOL Announces Naming Ceremony For LNG-Powered Ferry Sunflower Pirka

Mitsui O.S.K. Lines, Ltd. today announced that on September 4, the naming and launching ceremony was held for the LNG-fueled...
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Longship Orders Up To Eight Eco-Friendly Vessels In Netherlands

Longship Orders Up To Eight Eco-Friendly Vessels In Netherlands

The project will be a collaboration between GS Projects, Ship and Steelbuilding (SaS) at the Dutch shipyard in Waterhuizen, and...
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DNV Clears Ocean Infinity’s Remotely Supported Vessel Operations

DNV Clears Ocean Infinity’s Remotely Supported Vessel Operations

Ocean Infinity has received a Statement of Compliance (SOC) from DNV for its remotely supported vessel operations, marking the industry's...
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First Offshore Wind Turbine Stands Tall at US Revolution Wind Project

First Offshore Wind Turbine Stands Tall at US Revolution Wind Project

The first 11 MW Siemens Gamesa offshore wind turbine, out of a total of 65 planned, has been installed at...
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South Korea’s Hanwha Ocean Awarded First US Navy Repair Contract

South Korea’s Hanwha Ocean Awarded First US Navy Repair Contract

Hanwha Ocean announced on Wednesday that it had secured a contract that made it the first Korean shipbuilder to provide...
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Asia Fuel Oil-Cargo Premiums Retain Strength On Firmer Bids

Asia Fuel Oil-Cargo Premiums Retain Strength On Firmer Bids

Asia's market for Very Low Sulphur Fuel Oil (VLSFO) retained its strength on Wednesday, with cargo premiums climbing amid firmer...
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ABB And Seafjord Energy Introduce Ground-Breaking Concept For E-Bunker Vessels

ABB And Seafjord Energy Introduce Ground-Breaking Concept For E-Bunker Vessels

SeaFjord Energy's innovative concept for e-bunker ships offers a new way to supply ships with energy both at sea and...
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Baltic Index Retreats On Lower Rates Across Vessels

Baltic Index Retreats On Lower Rates Across Vessels

The Baltic Exchange's dry bulk sea freight index. BADI tracking rates for ships carrying dry bulk commodities retreated on Wednesday...
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Oceanscore Closes E5m Funding Round To Speed Up Global Expansion And Product Innovation

Oceanscore Closes E5m Funding Round To Speed Up Global Expansion And Product Innovation

Hamburg, September 3, 2024: OceanScore, the global provider of data and compliance management solutions for the maritime industry, has successfully...
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Feedstock Availability And Aviation Demand Challenge Biofuel Adoption In Shipping

Feedstock Availability And Aviation Demand Challenge Biofuel Adoption In Shipping

Drop-in replacements for fossil fuels may be a cost-effective way of meeting environmental regulations and could extend the life of...
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Kongsberg Digital Brings Its Voyage Reporting Capabilities To Offshore Maritime Operators

Kongsberg Digital Brings Its Voyage Reporting Capabilities To Offshore Maritime Operators

As offshore vessels operating in the EU will be subject to new reporting requirements from 2025, Kongsberg Digital’s K-Fleet Voyage...
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Russia’s Thermal Coal, Export Duty Removal Extension, Unlikely To Spur Demand

Russia’s Thermal Coal, Export Duty Removal Extension, Unlikely To Spur Demand

The Russian government recently has extended its suspension of export duty for thermal coal and anthracite until December, a move...
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Shipping Technology Finds Strategic Investment Partner In First Dutch To Accelerate Commercial And Technological Growth

Shipping Technology Finds Strategic Investment Partner In First Dutch To Accelerate Commercial And Technological Growth

Shipping Technology, a Rotterdam-based upcoming player in the international maritime industry specializing in developing supportive tools for the shipping industry,...
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