News Flash
French Strikes Snarl Ports, Leaving Millions of Barrels of Oil Stranded on Tankers
Strikes in France have brought the country’s oil refineries close to a halt, driving a backlog of tankers stuck in...
Read More
Baltic index inches lower on weak supramax demand
The Baltic Exchange’s dry bulk sea freight index dipped on Thursday as declines in the supramax vessel rates outweighed gains...
Read More
Contagion risks loom over Adani Transmission and Adani Ports
Ratings agency Fitch has said that two Adani Group subsidiaries are exposed to heightened contagion risks as a result of...
Read More
Online exams to continue following successful pilot project
A pilot scheme to allow candidates for the Officer of the Watch (OOW) deck unlimited qualification to split the exam...
Read More
Ship seized by pirates seen 540 miles west from Gulf of Guinea attack point
A Danish-owned vessel that was boarded by pirates in the Gulf of Guinea on Saturday was spotted about 540 miles...
Read More
New destinations for Russian products to boost product tanker shipping demand
The ongoing shift in refined products trade patterns is likely to strengthen the demand for products in 2023, maintaining attractive...
Read More
Wartsila sees role for ethanol in fragmented bunker fuel landscape
Wartsila is seeing a potential role for ethanol in the shipping industry’s multi-fuel future, with shipowners struggling to find suitable...
Read More
Trans-Atlantic container rates still double pre-COVID levels
Container shipping rates are not back to normal quite yet. Trans-Pacific rates have returned to pre-COVID levels, but pricing in...
Read More
Container shipping asked to clean up its act in view of upcoming scrapping wave
Triggered by overcapacity, lower freight rates and the new carbon regulations expected this year, numerous container ships will be sold...
Read More
VLSFO cash premium slides for third straight day
Asia’s cash premium for very low sulphur fuel oil (VLSFO) fell for a third consecutive session on Wednesday, weighed by...
Read More
Klaveness Combination Carriers ASA (“KCC”) Environmental Strategy 2023-50: Paving the way for cost-effective decarbonization in shipping
Our course is set on a 45% reduction in carbon intensity by 2030 compared against 2018, driven largely by substantial...
Read More
Shipping Corp to use $22.48m insurance money as capital expenditure
The Bangladesh Shipping Corporation – a state-owned oceangoing vessel management authority – has finally received $22.48 million in insurance claims...
Read More
Electricity generated from Tidal Energy will be supplied to an Off-Grid island for the First Time in South East Asia
A tidal-energy demonstration off the grid* of Singapore will start generating power for the first time in South East Asia....
Read More
Seaspan Announces Completion of Acquisition of Atlas by Poseidon Acquisition Corp.
Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas" or the "Company") (NYSE: ATCO), today announced that the Company...
Read More
Maersk’s APM Terminals to double capacity in Rotterdam port
APM Terminals, a subsidiary of Danish shipping company Maersk MAERSKb.CO, plans to double its capacity at Rotterdam Port, a spokesperson...
Read More
Standard Chartered Played a lead role in Vista Shipping’s USD89.6 million Loan for The Acquisition of LNG-Dual Fuelled Vessels
Standard Chartered was appointed to lead a USD89.6 million sustainability-linked loan (SLL) for Vista Shipping, a joint venture between Hafnia...
Read More
Nor-Shipping partners to fuel progress with dedicated hydrogen conference
Nor-Shipping is partnering with Ocean Hyway Cluster, Norway’s leading Hydrogen network, and cluster organisation Maritime CleanTech to deliver The Second...
Read More
Norsepower secures €28 million from investors to bring sails back to shipping
Norsepower Oy Ltd., the leading global provider of mechanical sails for large ships, has successfully secured 28 million euros in...
Read More
Kongsberg Maritime to provide design, engineering and equipment on three methanol ready, wind-assisted tankers for Tärntank
Kongsberg Maritime will supply design, engineering, and equipment for three MGO/Biofuel and methanol-ready tanker ships being built for Danish tanker...
Read More
ICS publishes new landmark practical medical guide which can deliver a remarkable difference in seafarers’ and fishers’ lives on board vessels
Given the remote nature of shipping, seafarers know that their life may sometimes depend on at-hand practical information readily available...
Read More




