News Flash
Is the Red Sea effect on container shipping being overblown?
No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape of Good Hope. But...
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Baltic index falls in January as rates log worst month in eight
The Baltic Exchange’s dry bulk sea freight index was mostly flat on Wednesday but headed for a monthly decline, as...
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90POE and Harbor Lab join forces to set a new standard in efficiency and transparency of port operations and disbursement management
In a landmark joint announcement, 90POE and Harbor Lab are delighted to reveal their strategic integration partnership. This collaboration unites...
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Euro zone economy lags global growth as Germany struggles
The euro zone’s economy stagnated last year, underperforming the rest of the world as former powerhouse Germany struggled with an...
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Saudi Aramco gets directive to keep maximum sustained crude capacity at 12 mil b/d
Saudi Arabian state-run oil giant Aramco was directed by the country’s energy ministry to maintain its maximum sustainable crude capacity...
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Iron ore falls as China property market woes outweigh stimulus cheer
Iron ore futures dropped on Tuesday as concerns over the indebted property sector in top consumer China countered optimism from...
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Baseblue and Bunker One Collaborate on GHG-Reduction Initiative with Wagenborg Shipping
Baseblue, a maritime energy solutions provider, has joined forces with Bunker One to spearhead the delivery of GHG-reducing fuel, advancing...
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India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh
India’s exports of low-sulphur diesel to Europe are poised to hit a fresh two-year low in January, after an unprecedented...
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Clean energy growth gives ammonia and methanol export trades the green light
The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes of renewable ammonia, outstripping growing volumes...
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Asia Fuel Oil-Cargo premium uptrend pares on amply-supplied market
Asia’s cargo premium for very low sulphur fuel oil (VLSFO) eased on Tuesday amid a backdrop of ample supplies, even...
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Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels
Seanergy Maritime Holdings Corp., through its wholly-owned subsidiary Seanergy Shipmanagement Corp., is the first Greek-based shipping company to accomplish a...
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Baltic index slips on weaker rates across segments
The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, logging its biggest decline in over two weeks on...
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Air freight rates rise amid Red Sea crisis and in run-up to Asia’s Lunar New Year
Global air freight rates have climbed for the first time in seven weeks ahead of Asia’s lunar new year and...
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ABB and Norwegian Cruise Line Holdings expand long-term partnership
ABB and Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to accelerate the decarbonization and digitalization of...
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Trafigura assesses Red Sea risks after tanker attacked by Houthis
Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put...
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Comprehensively Providing the Japan Coast Guard with Marine Data Collected by Vessels in the Seas around Japan via IoS-OP
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that its commencement provision of marine data to the Japan...
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HD Hyundai Names World’s First Methanol-Powered Container Ship
HD Hyundai announced on Jan. 28 that it held a naming ceremony for a 16,200 TEU methanol-powered super-sized container ship...
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Ocean Technologies Group Launches Tender Boat Operator Training Course
Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions for the maritime industry, has launched a...
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Pacific International Lines First Shipping Line To Complete Full Integration With SGTraDex In Collaboration With KPI OceanConnect
Pacific International Lines (PIL) has successfully completed full integration with the Singapore Trade Data Exchange (SGTraDex) platform, making PIL the...
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Shipping is sizing up energy transition opportunities
industry is closely evaluating ordering, fuel and technology options now that there is greater clarity on global emissions reduction targets,...
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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