News Flash

Greece approves tender for hydrocarbons search in four offshore blocks

Greece approves tender for hydrocarbons search in four offshore blocks

Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of...
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Danish Shipping: Activation of War Insurance Institute Is Perfectly Timed

Danish Shipping: Activation of War Insurance Institute Is Perfectly Timed

Danish shipping is a strategic asset for Denmark. A new legislative proposal on war insurance will ensure that the Danish...
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TEN Ltd. Announces Delivery and Naming of First Two in Series of Twelve DP2 Shuttle Tanker Orders at Samsung Heavy Industries, South Korea

TEN, Ltd. (TEN) announced the delivery and naming of two DP2 suezmax shuttle tankers, the “Athens 04” and the “Paris...
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New US sanctions target Iranian petrochemical, petroleum products trade

The US has sanctioned seven companies and two tankers involved in the trade of Iranian petrochemicals and petroleum products, the...
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Lloyd’s Register OneOcean machine-learning technology adopted by TotalEnergies to reduce fuel consumption and emissions

Lloyd’s Register OneOcean (LR OneOcean) has collaborated with TotalEnergies, a global multi-energy company, to deploy advanced route optimization technology across...
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New air pollution limits for ships enter into effect in the Mediterranean

The Mediterranean Sea officially became an Emission Control Area for Sulphur Oxides and Particulate Matter (Med SOx ECA) under MARPOL...
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Dry Bulk Shipping: Policy is now as Major Catalyst for Market Direction as Seasonality

Dry Bulk Shipping: Policy is now as Major Catalyst for Market Direction as Seasonality

The ever-shifting tides of the shipping freight market are proving to be difficult to navigate. For example, in the dry...
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Global trade headwinds reflected in weakening volumes

International markets in 2025 have been characterized by pervasive uncertainty and significant pressure, reshaping prospects for trade, commodities, and finance,...
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VESON potential US port fees may disrupt dry bulk trade and vessel availability

VESON potential US port fees may disrupt dry bulk trade and vessel availability

Recent discussions on tariffs have largely overlooked the potential implementation of the Office of the United States Trade Representative (USTR)’s...
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APSEZ beats quarterly profit view on higher cargo growth

APSEZ beats quarterly profit view on higher cargo growth

Adani Ports and Special Economic Zone reported fourth-quarter profit above estimates on Thursday, as growth in cargo volumes accelerated during a...
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Dhamara-Talachua Ro-Pax ferry service to cut travel time by 200km

Dhamara-Talachua Ro-Pax ferry service to cut travel time by 200km

In a significant step toward improving inland water connectivity, the Odisha government is set to launch the Dhamara-Talachua Ro-Pax ferry...
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Govt removes Rs 40 crore upper limit for shipbuilding financial assistance

The government has removed the financial assistance upper limit of Rs 40 crore for building a non-specialised ship and has...
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India’s coastline length revised to 11,098.81 km following new methodology

India’s coastline length revised to 11,098.81 km following new methodology

India’s coastline has been recalculated as 11,098.81 km from 7,561.60 km – up by 3,537.21 km or nearly 50 per...
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Vizhinjam Port to be dedicated to nation today by PM Modi

Vizhinjam International Seaport will be dedicated to the nation by Prime Minister Narendra Modi at 11 a.m. Kerala Port Minister...
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ClassNK releases ‘Prime Shipmanagement Guidelines’ for leveraging successful case studies to enable flexible responses to various situations – aiming to contribute to safer and more efficient vessel operations

ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable ship management with safety as the highest priority. Evolving...
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DG Shipping meets with Seven Islands Shipping Ltd to discuss shipping sector issues

DG Shipping meets with Seven Islands Shipping Ltd to discuss shipping sector issues

Shri Shyam Jagannathan, IAS, Director General of Shipping, along with Shri Nebu Oommen, Deputy Director General (Technical), visited the office...
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MatchLog partners with Maersk to boost container efficiency in India

MatchLog partners with Maersk to boost container efficiency in India

MatchLog, a digital container optimisation platform, has announced its collaboration with global shipping giant Maersk, to streamline its container operations...
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MOL opens new office in Washington

Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its...
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The Port of Klaipėda begins 2025 with strong momentum

The Port of Klaipėda has achieved a strong start to 2025, nearly 10 million tonnes of cargo handled in the...
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Kalmar supports Victoria International Container Terminal with four automated straddle carriers

Kalmar supports Victoria International Container Terminal with four automated straddle carriers

Kalmar has signed an agreement to supply Victoria International Container Terminal (VICT) with four hybrid automated straddle carriers, each with...
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