News Flash

Malaysian palm oil falls as weaker exports weigh

Malaysian palm oil falls as weaker exports weigh

Malaysian palm oil futures reversed early gains to trade lower on Tuesday, weighed down by a drop in exports of...
Read More
Ocean Network Express and the University of Tokyo Partner to Establish Social Cooperation Program “Container Management Science”

Ocean Network Express and the University of Tokyo Partner to Establish Social Cooperation Program “Container Management Science”

Ocean Network Express (ONE) is pleased to announce the launch of a Social Cooperation Program, “Container Management Science” in collaboration...
Read More
Pioneer cloud ERP solutions tailored to shipping by Fleetwork

Pioneer cloud ERP solutions tailored to shipping by Fleetwork

Fleetwork, a pioneer in cloud Enterprise Resource Planning (ERP) in Greece, will present its innovative solutions for fleet management to...
Read More
Mental Health Support Solutions highlights the importance of leading by example

Mental Health Support Solutions highlights the importance of leading by example

With recent research published in the Harvard Business Review showing that “hearing about colleagues’ struggles, regardless of the severity, normalised...
Read More
Oil shipments at risk from rising sea levels, think tank warns

Oil shipments at risk from rising sea levels, think tank warns

Rising sea levels could severely disrupt crude oil shipments and erode energy security in import-dependent countries like China, South Korea...
Read More
CONSOL Energy Coal Shipments Resume from Its Marine Terminal in Baltimore

CONSOL Energy Coal Shipments Resume from Its Marine Terminal in Baltimore

CONSOL Energy Inc. reports that coal shipments to international markets began leaving its Marine Terminal in Baltimore last night. This...
Read More
Port Houston Posts Double Digit Box Growth – Container Volumes Up 12 Percent Through April

Port Houston Posts Double Digit Box Growth – Container Volumes Up 12 Percent Through April

Port Houston continues to exceed last year’s container volumes and is up 12% through April with 1,394,094 Twenty-Foot Equivalent units...
Read More
Damen Shipyards and SAFEEN Group to bring the first electric tug to the Middle East

Damen Shipyards and SAFEEN Group to bring the first electric tug to the Middle East

Damen Shipyards and SAFEEN Group, part of AD Ports Group, have signed an agreement for the lease and purchase of...
Read More
Baltic index dips on lower capesize rates

Baltic index dips on lower capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday, as...
Read More
Asia Fuel Oil-VLSFO cash differential gains; Chinese imports rise

Asia Fuel Oil-VLSFO cash differential gains; Chinese imports rise

Asia’s Low-Sulphur Fuel Oil (VLSFO) market gained on Monday amid a flurry of deals at the trading window and upbeat...
Read More
Russia’s Novo fuel terminal resumes loadings after drone attack, LSEG data, sources say

Russia’s Novo fuel terminal resumes loadings after drone attack, LSEG data, sources say

The Importpischeprom oil products terminal at Russia’s Black Sea port of Novorossiisk resumed fuel loadings on May 18 after suspending...
Read More
The world’s first methanol-powered container ship now on weekly service to the Port of Gothenburg

The world’s first methanol-powered container ship now on weekly service to the Port of Gothenburg

On Saturday, a new feeder service started calling regularly at the Port of Gothenburg. The world’s first container ship powered...
Read More
Scorpio Tankers Inc. Announces Agreement for a $223.6 Million Prepayment under its 2023 $1.0 Billion Credit Facility

Scorpio Tankers Inc. Announces Agreement for a $223.6 Million Prepayment under its 2023 $1.0 Billion Credit Facility

Scorpio Tankers Inc. announced that it has received approval from majority lenders under its 2023 $1.0 Billion Credit Facility to...
Read More
TEN Ltd. announces delivery of six enviromental friendly vessels since the beginning of 2024

TEN Ltd. announces delivery of six enviromental friendly vessels since the beginning of 2024

TEN, Ltd announces that following the delivery of three vessels since the beginning of 2024, the Dual-Fuel LNG LR2 product...
Read More
MAI to Invest in Ship Investment Fund Managed by Navigare Capital Partners

MAI to Invest in Ship Investment Fund Managed by Navigare Capital Partners

Mitsui & Co. Alternative Investments Limited (“MAI”, President and CEO: Takateru Mitsui) has decided to participate in Maritime Investment Fund...
Read More
Deltamarin and ECOLOG unveil LP LCO2 carrier design

Deltamarin and ECOLOG unveil LP LCO2 carrier design

Deltamarin and ECOLOG have collaborated on LCO2 carrier design for the purpose of tendering at shipyards worldwide. The new design...
Read More
Inmarsat launches NexusWave: a game-changing ‘bonded’ network service for maritime communications

Inmarsat launches NexusWave: a game-changing ‘bonded’ network service for maritime communications

The new fully managed connectivity service offers a unified multi-dimensional network, delivering high-speed service, unlimited data, and global coverage at...
Read More
Navios Maritime Holdings Inc. Provides Important Reminder for All Holders of Series G and Series H American Depositary Shares: Early Tender Deadline to Receive $5.75 in Cash is May 21, 2024, 5:00 P.M.

Navios Maritime Holdings Inc. Provides Important Reminder for All Holders of Series G and Series H American Depositary Shares: Early Tender Deadline to Receive $5.75 in Cash is May 21, 2024, 5:00 P.M.

Navios Maritime Holdings Inc provided a reminder of its previously announced tender offer to purchase any and all outstanding Series...
Read More
Baltic index steady as gains in capesize offset lower rates for smaller vessels

Baltic index steady as gains in capesize offset lower rates for smaller vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was mostly unchanged on...
Read More
Strong Southern Hemisphere harvests drive reefer shipping growth

Strong Southern Hemisphere harvests drive reefer shipping growth

After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in...
Read More