News Flash

Experts Predict Global Demand Of Indian Seafarers Will Rise 20% In Next 10 Years

Experts Predict Global Demand Of Indian Seafarers Will Rise 20% In Next 10 Years

Vinay Singh, Managing Director of Marine HR at the Anglo-Eastern Group, recently announced that they plan to add an additional...
Read More
National Maritime Day 2023: Date, Theme, History & Significance

National Maritime Day 2023: Date, Theme, History & Significance

National Maritime Day is celebrated on 5 April in India. The first event of the National Maritime Day or the...
Read More
Industrial and Logistics sector leasing probably to slow down to 32-35 million square feet (msf)  in 2023

Industrial and Logistics sector leasing probably to slow down to 32-35 million square feet (msf) in 2023

The global real estate consultant’s ‘2023 India Market Outlook’ report said that the industrial and logistics ( I&L) supply forecast is expected to exceed...
Read More
FIR filed against 15 after vessel enters prohibited area

FIR filed against 15 after vessel enters prohibited area

The Mumbai police have registered an FIR against 15 crew members of a fishing boat after it allegedly entered a prohibited area...
Read More
LNG tankers heading to Britain, Belgium, the Netherlands and Germany

LNG tankers heading to Britain, Belgium, the Netherlands and Germany

The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium, the Netherlands and Germany in the...
Read More
Air France-KLM and CMA CGM officially launch their long-term strategic air cargo partnership

Air France-KLM and CMA CGM officially launch their long-term strategic air cargo partnership

Air France-KLM and the CMA CGM Group announced today the effective launch of the long-term strategic air cargo partnership they...
Read More
Saverex NV Intends To Launch A Voluntary And Conditional Public Takeover Bid On Exmar NV

Saverex NV Intends To Launch A Voluntary And Conditional Public Takeover Bid On Exmar NV

Exmar NV has been informed today by Saverex NV (“Saverex”) that Saverex intends to launch a voluntary and conditional public...
Read More
HSFO firms on bidding flurry; bunker demand falters on crude price surge

HSFO firms on bidding flurry; bunker demand falters on crude price surge

Asia’s high sulphur fuel oil (HSFO) market firmed on Monday amid a flurry of bids, though downstream bunkering demand was...
Read More
Ship fuel cost way down from war peak, but ‘green’ fallout looms

Ship fuel cost way down from war peak, but ‘green’ fallout looms

The price of ship fuel is now down to around half the post-Ukraine-invasion peak. Second-quarter fuel surcharges for containerized cargo...
Read More
Baltic index rises on firm demand for large shipping vessels

Baltic index rises on firm demand for large shipping vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday buoyed by...
Read More
Adani’s Dhamra LNG Terminal Based In Odisha, India Receives Its First Cargo

Adani’s Dhamra LNG Terminal Based In Odisha, India Receives Its First Cargo

The newly built, Rs 6,000 crore LNG import facility based in Dhamra on the Odisha coast, owned by the well-known...
Read More
VLCC interrupted voyage to medevac sick crew, South China sea

VLCC interrupted voyage to medevac sick crew, South China sea

VLCC C FREEDOM interrupted her voyage from Korea to Singapore on Apr 1, in South China sea, and called Nha Trang anchorage,...
Read More
Global dealmaking sinks to lowest level in over a decade

Global dealmaking sinks to lowest level in over a decade

Global mergers and acquisitions (M&A) activity shrank to its lowest level in more than a decade in the first quarter...
Read More
Hyundai shipbuilding group’s subsidiary wins $183mln product tanker order from Africa

Hyundai shipbuilding group’s subsidiary wins $183mln product tanker order from Africa

Hyundai Mipo Dockyard, a shipbuilder affiliated with Hyundai shipbuilding group, has sealed a shipbuilding order for vessels capable of carrying...
Read More
Fujian-based ‘Silk Road Maritime’ shipping association operates 100 intl routes ahead of 5th anniversary

Fujian-based ‘Silk Road Maritime’ shipping association operates 100 intl routes ahead of 5th anniversary

East China’s Fujian Province-based international shipping association “Silk Road Maritime” on Thursday unveiled six new international ship routes, bringing the...
Read More
Adani Ports Completes Acquisition of Karaikal Port

Adani Ports Completes Acquisition of Karaikal Port

Adani Ports and Special Economic Zone Ltd (APSEZ) on Saturday said it has completed the acquisition of Karaikal Port Pvt...
Read More
Port of Rotterdam Authority and APM Terminals sign the agreement for over 1 billion euros for the expansion of Maasvlakte II container terminal

Port of Rotterdam Authority and APM Terminals sign the agreement for over 1 billion euros for the expansion of Maasvlakte II container terminal

The Port of Rotterdam Authority is now constructing the new quay walls, which will be completed by mid-2024. The expansion...
Read More
Cyprus shipping faces second Turkish embargo

Cyprus shipping faces second Turkish embargo

Ships flying the Cypriot flag are faced with a second Turkish embargo as they are prevented from transporting grain from...
Read More
NORDEN buys bigger ships, sees China commodities trade picking up

NORDEN buys bigger ships, sees China commodities trade picking up

Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming to benefit from China’s economy reopening and expectations of...
Read More
Euronav Says Crude Tanker Market is Well Positioned for Multi-Year Upcycle

Euronav Says Crude Tanker Market is Well Positioned for Multi-Year Upcycle

Euronav NV reported its final financial results today for the full year to 31 December 2022. The large crude tanker...
Read More