News Flash
Eastern Pacific Shipping makes first wind propulsion move with bound4blue eSAILs
Eastern Pacific Shipping (EPS) has signed a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install...
Read More
HD Hyundai Marine bags order to upgrade Chevron LNG tankers
HD Hyundai Marine Solution Co., a ship maintenance, retrofitting and digital solution provider under HD Hyundai Co., has won an...
Read More
WinGD and Mitsubishi Shipbuilding agree ammonia fuel supply system
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipbuilding Co., Ltd. have completed the initial design...
Read More
Maritime and Port Industry Stakeholders Welcome the IMCO vote on UCC Reform, urging further efforts to secure a smart, safe, and competitive Customs Union
Yesterday, the European Parliament’s Internal Market Committee (IMCO) adopted its report on the reform of the Union Customs Code (UCC)....
Read More
Baltic index strengthens on climbing capesize and supramax rates
The Baltic Exchange’s dry bulk sea freight index rose to an over six-week high on Thursday, consecutively gaining for a...
Read More
Manta Marine Technologies unveils new leadership
Manta Marine Technologies formerly known as Yara Marine Technologies (YMT) unveils their new brand and leadership team, following its recent...
Read More
Kalmar’s electric and hybrid straddle carriers to play role in cutting emissions at ECT Delta terminal in Rotterdam
Kalmar, part of Cargotec, has concluded an agreement to supply Hutchison Ports ECT Rotterdam with two fully electric and eight...
Read More
Strong Member support results in another positive renewal for West
The West of England P&I Club (West) is pleased to announce a successful 2024 renewal across all business lines and...
Read More
ZeroNorth and Alpha Ori Technologies Close Deal To Join Forces, Accelerating Green Global Trade And Zero Emissions Shipping
ZeroNorth and Alpha Ori Technologies have announced today that they have received all required regulatory approval for their agreement to...
Read More
Global Shipowners Body Sets Out Industry Principles To Combat Harassment And Bullying
Today, the International Chamber of Shipping (ICS), the global trade association for shipowners and operators, which represents over 80% of...
Read More
S&P Global expects global trade will grow at a compound rate of 3.3% through to 2028
S&P Global today published the latest edition of its Look Forward research series, focusing on the most important themes that...
Read More
Asia Fuel Oil-HSFO spot discounts hold, Fujairah stockpiles at 7-month low
Spot differentials for high sulphur fuel oil (HSFO) held in discounts as of Wednesday, while residual fuel stockpiles at the...
Read More
BIMCO publishes ship financing forms to ensure uninterrupted use of ships
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer...
Read More
U.S. energy flows through Panama Canal rose slightly in January
U.S. liquefied petroleum gas (LPG) and ethane exports through the Panama Canal rose in January 2024 with a return to...
Read More
Baltic index rises as Capesize, supramax segments post gains
The Baltic Exchange’s dry bulk sea freight index extended gains for a fourth straight session to hit an over one-month...
Read More
Rotterdam bunkers MOC sees first trade in a year on the uptick in activity.
An uptick in activity in the Platts European bunker Market on Close at the start of 2024 has resulted in...
Read More
Baltic index edges up on gains in smaller vessels
The Baltic Exchange’s dry bulk sea freight index edged up to hit a one-month high on Tuesday, as gains in...
Read More
Asia Distillates-Gasoil premiums under downward pressure as offers dip
Spot premiums for gasoil fell on Tuesday on lower-priced offers, while market backwardation also weakened from the prior day. The...
Read More
Middle East Crude-Murban premium hits month’s high on robust demand
Middle East crude benchmarks Oman and Dubai edged higher on Tuesday, while Murban’s premium touched the highest level this month...
Read More
MOL Magsaysay Maritime Academy in the Philippines Holds 1st Commencement Exercises Ceremony
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced that MOL Magsaysay Maritime Academy Inc., a merchant marine...
Read More




