News Flash
US Gulf Coast LNG freight rates sink to multi-month lows
LNG freight rates out of the US Gulf Coast have fallen to their lowest levels since August as a lack...
Read More
Shipping gears up to meet a 5-10% low carbon fuel target, but will fuels be available?
The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in 2030 can be met using...
Read More
More ships to avoid the Red Sea as attacks disrupt world trade.
Germany’s Hapag-Lloyd and Hong Kong’s OOCL said on Thursday they would avoid the Red Sea, the latest shipping companies to...
Read More
Russia oil price cap coalition toughens shipping rules -US Treasury Dept
The U.S.-led coalition imposing a price cap on seaborne Russian oil announced changes on Wednesday to its compliance regime the...
Read More
Baltic index drops for the seventh straight session as capesize rates slip.
The Baltic Exchange’s dry bulk sea freight index extended declines for a seventh consecutive session on Thursday, pressured by weaker...
Read More
Shipping container price surge to reverse due to overcapacity -logistics platform.
Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back...
Read More
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Northwest Europe Bunker fuel availability is good in the ARA hub. Lead times of 5-7 days are recommended for HSFO...
Read More
Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn
Wilhelmsen Ship Management (“Wilhelmsen”), a provider of third-party ship management services headquartered in Singapore, and Hamburg-based asset manager MPC Capital...
Read More
Jan Caers is appointed as an expert Consultant in Marine Incident Investigations
As a global leader in marine incident, investigation, surveying, and consultancy, we’re proud to announce the appointment of Jan Caers...
Read More
China Now Produces More Than Half of All New Tonnage
This has been yet another good year for China’s shipbuilding sector, which has continued to dominate both in output and...
Read More
Asia Fuel Oil-Cash premiums stable; Singapore stockpiles ease
Cash premiums for fuel oil were little changed in Asia trade on Thursday, while onshore stocks in Singapore recently fell,...
Read More
Japan container conglomerate ONE halts Red Sea navigation, reroutes to Cape of Good Hope
Japan’s container conglomerate Ocean Network Express has decided to suspend navigation away from the Suez Canal and the Red Sea...
Read More
WinGD adds MITSUI E&S Tamano Factory to the Japanese engine-building network.
Swiss marine power company WinGD has concluded an agreement with Mitsui E&S Diesel United (MESDU), part of the Mitsui Engineering...
Read More
Shipnext and FONASBA partner to raise standards in online shipping.
Leading online cargo platform Shipnext and The Federation of National Associations of Ship Brokers and Agents (FONASBA) have signed a...
Read More
Maritime disruptions in the Suez Canal and the Red Sea are expected to affect 10% of world trade and will increase general transport fares.
Attacks on container ships in the Red Sea and Suez Canal have caused major shipping lines worldwide to suspend their...
Read More
China’s first domestically built cruise ship sets sail with a suite of Wärtsilä solutions.
Wärtsilä ANCS, part of technology group Wärtsilä, has delivered to the Adora Magic City, China’s first domestically built cruise ship,...
Read More
ABS Signs Milestone MOU with Indian Innovators to Drive Global Hub for Green Shipbuilding
ABS joined Garden Reach Shipbuilders and Engineers (GRSE) Ltd., Seatech Solutions International (Seatech), and Shift Clean Energy (Shift) in signing...
Read More
Baltic index falls for a sixth straight session on softer capesize rates.
The Baltic Exchange’s dry bulk sea freight index dropped on Wednesday for the sixth straight session, dragged lower by steadily...
Read More
Ctg vessel owners launch new shipping cell.
The Inland Vessel Owners Association of Chittagong yesterday launched a new shipping cell to transport goods to and from the...
Read More
Greece advises vessels to avoid Yemeni waters after Red Sea attacks
Greece has advised commercial vessels sailing in the Red Sea and the Gulf of Aden to avoid Yemeni waters, keep...
Read More