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Samsung Heavy unveils eco-friendly ships, AI tech in Europe
Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendly ships and digital vessel technology for net zero in...
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Marine bunker sales at UAE’s Fujairah hit two-month low in April
Marine bunker fuel sales at the United Arab Emirates’ Fujairah port hit a two-month low in April, although they were...
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MOL and TotalEnergies Sign Time Charter Contracts for 2 Newbuilding LPG-fueled LPG Carriers
Mitsui O.S.K. Lines, Ltd. announced that through its group company MOL Energia Pte. Ltd. (President: Miki Ogura; Head Office: Singapore),...
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Maersk speeds up supply chains in Europe with new cross dock facility in Rotterdam
Maersk has inaugurated a specialized cross dock warehouse in Rotterdam on its Maasvlakte II terminal. It will accelerate the flow...
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Logistics Trade Bodies Unite in Calls for Industry Action on New EU Import Declarations
Global and European trade associations representing shippers, forwarders and vessel operators have issued an urgent alert to all businesses involved...
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Indian steel mills fear surge in Chinese imports after U.S. tariffs
India’s steel industry, already reeling from cheaper imports, is worried about a surge in shipments from China after the United...
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Bureau Veritas report highlights the potential of carbon capture technologies and the development of carbon value chains for shipping
Bureau Veritas (BV), a global leader in the Testing, Inspection, and Certification (TIC) industry, has released a report which assesses...
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Baltic index hits near two-week low as vessel demand dips
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped to its lowest...
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Asia Fuel Oil-VLSFO cash premium rises, Singapore stocks dip
Asia’s Low-Sulphur Fuel Oil (VLSFO) rose on Thursday after Singapore inventories dropped to a two-week low. Cash premiums for VLSFO...
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Hapag-Lloyd with good start to 2024 in first quarter of year
Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to...
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Hapag-Lloyd with good start to 2024 in first quarter of year
Hapag-Lloyd concluded the first quarter of 2024 with a Group EBITDA of USD 942 million (EUR 868 million). Compared to...
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Inmarsat ‘Digital Wave’ Report Explores Importance Of Connectivity Onboard ‘Floating Offices’ At Sea
Inmarsat Maritime, a Viasat company, has launched a new report Digital Wave: Transforming vessels into floating offices and remote homes....
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Asia Fuel Oil-Cash premiums little changed; Singapore’s marine bunker sales decline
Asia’s fuel oil markets were broadly steady on Wednesday after inventories rose at the Fujairah commercial hub. Cash premiums for...
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Singapore marine bunker sales soften for four straight months
Singapore’s marine bunker sales declined for a fourth consecutive month in April, official data showed late on Tuesday. April sales...
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Baltic index slips for 5th straight day on weaker vessel rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth...
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Port of Long Beach Cargo Volumes Climb in April
Trade moving through the Port of Long Beach gained momentum in April, marking the eighth consecutive month of year-over-year cargo...
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Port of Antwerp-Bruges launches the world’s first methanol-powered tugboat
Port of Antwerp-Bruges presented a world premier: the Methatug. This tugboat, which runs on methanol, is part of a greening...
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Auramarine Signs Agreement With Specs Corporation To Strengthen Presence In South Korean Market
Auramarine, the renowned provider of fuel supply systems for the marine, power and process industries, has announced that it has...
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Shofu Maru, World’s 1st Wind Challenger-equipped Coal Carrier Achieves Fuel Savings of 17%
Mitsui O.S.K. Lines, Ltd. announced that its owned and operated Shofu Maru, the world’s first coal carrier equipped with the...
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Ship that hit Maryland bridge had lost power several times, investigators say
The cargo ship Dali lost electrical power several times before it crashed into the Francis Scott Key Bridge in March,...
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Recent News
- Baltic Dry Index Down for 4th Day In A Row
- Future Fuels, Real Results: AAL Improves Fleet Efficiency by 19% as Maritime Regulations Tighten
Gasoline loadings to Europe hit counter-seasonal record
Chinese industrial production up more than expected in August- Ukraine enhances maritime safety and Special Maritime Corridor operations