News Flash

Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg: Milestone for Sustainability & Efficiency

Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg: Milestone for Sustainability & Efficiency

the “Hamburg Express” – the eponymous flagship of Hapag-Lloyd’s “Hamburg Express” class – was ceremoniously christened at the Container Terminal...
Read More
The ACI (Advanced Cargo Information) implementation postponed by Libya Customs until further notice

The ACI (Advanced Cargo Information) implementation postponed by Libya Customs until further notice

This update follows the prior customer advisory on the Advanced Cargo Information (ACI) requirement for pre-registering shipment details for all containerized imports...
Read More
Maersk Opens Its Largest Distribution Centre in the Philippines, Anchoring Customer Supply Chain in Crucial Transport Corridor

Maersk Opens Its Largest Distribution Centre in the Philippines, Anchoring Customer Supply Chain in Crucial Transport Corridor

P. Moller – Maersk (Maersk), through Maersk Contract Logistics in the Philippines, inaugurated its largest distribution centre in the country...
Read More
How to get more ship uptime, save fuel or cut emissions – guaranteed

How to get more ship uptime, save fuel or cut emissions – guaranteed

It’s time to shift your focus from short-term fixes to long-term goals. Are you targeting uptime, fuel savings or lower...
Read More
Global LNG market: Analysing trends and future prospects

Global LNG market: Analysing trends and future prospects

Martin Cartwright is the Global Business Director for the gas carrier segment (LNG, LPG, ammonia, hydrogen, multi-gas) at DNV. With...
Read More
Iron ore gains as markets await key China meeting

Iron ore gains as markets await key China meeting

Iron ore futures swung to gains from losses on the first working day of the week as the market keenly...
Read More
TORM plc capital increase in connection with delivery of one 2015-built MR vessel

TORM plc capital increase in connection with delivery of one 2015-built MR vessel

With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM”) announced the acquisition of eight...
Read More
Chinese ports container volume rises 7.7 % from January to September of 2024,Ningbo Containerized Freight Index decrease significantly in October 2024

Chinese ports container volume rises 7.7 % from January to September of 2024,Ningbo Containerized Freight Index decrease significantly in October 2024

From January to September of 2024, the container throughput of Chinese ports was 248.5 million TEU, a year-on-year increase of...
Read More
India: Crude imports fall amid refinery shutdowns and West Asia tension

India: Crude imports fall amid refinery shutdowns and West Asia tension

India’s crude oil imports in October declined to a 13-month low amid maintenance-related shutdowns at some refineries and the geopolitical...
Read More
Asia Fuel Oil-Supply and demand fundamentals diverge, some Dec spot offers emerge

Asia Fuel Oil-Supply and demand fundamentals diverge, some Dec spot offers emerge

Asia’s fuel oil markets were mixed on Monday as supply and demand fundamentals diverged, while very low sulphur fuel oil’s...
Read More
Russia’s October seaborne diesel exports hit 13-mth low, LSEG data shows

Russia’s October seaborne diesel exports hit 13-mth low, LSEG data shows

Russia’s October seaborne diesel and gasoil exports fell to their lowest level since September 2023 at 2.6 million metric tons...
Read More
WAF VLCC market remains in the doldrums despite onset of fourth quarter

WAF VLCC market remains in the doldrums despite onset of fourth quarter

Rates for Very Large Crude Carrier voyages loading in West Africa have so far failed to mount a sustained recovery...
Read More
Baltic index edges lower as rates of some vessel segments fall

Baltic index edges lower as rates of some vessel segments fall

The Baltic Exchange’s dry bulk sea freight index fell on Monday, pressured by falling rates across the panamax and supramax...
Read More
The Surprising Resilience of Globalization: An Examination of Claims of Economic Fragmentation

The Surprising Resilience of Globalization: An Examination of Claims of Economic Fragmentation

Globalization continues—the widespread predictions of its death were wildly premature. But this is nothing to celebrate. The current round of...
Read More
Asian spot LNG steady on warmer than average temperature forecasts

Asian spot LNG steady on warmer than average temperature forecasts

Asian spot liquefied natural gas (LNG) prices held steady this week as forecasts of warmer-than-average temperatures in both northeast Asia...
Read More
US oil and gas rig count unchanged this week, Baker Hughes says

US oil and gas rig count unchanged this week, Baker Hughes says

U.S. energy firms kept the number of oil and natural gas rigs operating unchanged for a second week in a...
Read More
Iraq reduces oil exports to 3.3 mln barrels per day

Iraq reduces oil exports to 3.3 mln barrels per day

Iraq’s Oil Ministry said Friday that the country has reduced its oil production and cut its crude exports to 3.3...
Read More
Vancouver Port Employer Could Shut Out Foremen, Bulk Grain Will Not Be Hit

Vancouver Port Employer Could Shut Out Foremen, Bulk Grain Will Not Be Hit

Port of Vancouver foremen will be locked out on Monday unless they scrap a proposed strike, employers at Canada’s biggest...
Read More
Ericsson, China Mobile and Zhangjiagang Port 5G-powered smart port success

Ericsson, China Mobile and Zhangjiagang Port 5G-powered smart port success

Several use case applications have been implemented across the 5G network at different periods since its deployment in August 2022....
Read More
Wallenius Wilhelmsen announces another strong quarter

Wallenius Wilhelmsen announces another strong quarter

“We are proud to announce the second strongest quarter on record with adjusted EBITDA of USD 503m,” says Lasse Kristoffersen,...
Read More