News Flash
Globus Maritime offloads ageing supramax for $14m
Greek bulker owner Globus Maritime has sold its 2007-built supramax Sun Globe to an unaffiliated third party for $14.1m. Industry sources say...
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DNV recovers from fleet management system ransomware attack
DNV announced all users are back online on its dedicated ShipManager servers after the ransomware attack earlier this year. The Norwegian...
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ONE Adds to Orderbook with Order for Ten Large Containership
Despite falling freight rates and uncertainty regarding consumer demand, container shipping’s ordering spree continues with Japanese shipping line Ocean Network Express announcing...
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UAE Bunkering Hub Falling Behind on Alternative Fuels
UAE’s Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking...
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TFG Marine targets 20% bunker sales rise through expansion
TFG Marine, majority owned by commodities trader Trafigura, aims to increase its marine fuel sales volume by up to 20%...
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Seanergy Maritime Remains Confident of Dry Bulk Market’s Prospects Moving Forward
Seanergy Maritime Holdings Corp., announced today its financial results for the fourth quarter and twelve months ended December 31, 2022....
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Baltic index hits near 12-week high on heavy capesize demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a near 12-week...
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Tanker sales surge as Ukraine war divides maritime fleet over Russian cargoes
The war in Ukraine has spurred a flurry of sales and purchases of oil tankers over the past year as...
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Iceberg, as large as Greater London, poses threat to shipping, fishing, wildlife
Scientists are concerned about a massive iceberg, the size of Greater London, which could potentially collide with shipping, fishing and...
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Kazakhstan to ship 20,000 tonnes of crude to Germany in March
Kazakhstan plans to ship 20,000 tonnes of crude to Germany this month via the Russian Druzhba pipeline and the same...
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NYK Sends First Ship For Green Recycling in Bangladesh
Bangladesh-based ship recycling company, PHP Ship Recycling, has achieved a significant milestone by purchasing a ship directly from a shipping...
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MSC Hits New Milestone, Takes Delivery of World’s Largest Containership
The Mediterranean Shipping Company (MSC) received delivery of the world's largest containership in terms of carrying capacity. The MSC IRINA, with a...
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Bulk carrier disabled by water ingress at Lyttelton, NZ
Bulk carrier LOYALTY HONG, berthed at Lyttelton, New Zealand, suffered engine room flooding during her stay, she arrived at Lyttelton on...
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Wärtsilä Optimised Maintenance Agreement to support operational performance of National Petroleum Construction Company’s fleet
The technology group Wärtsilä has signed a five-year Optimised Maintenance Agreement with National Petroleum Construction Company (NPCC), a subsidiary of...
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S&P Global Commodity Insights Acquires Tradenet & MINT to Further Strengthen Shipping Offering
Traders, producers, investors and governments are racing to secure software solutions that can offer real-time visibility and facts amid a...
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Cargo is key to fair emissions calculations, says SHIPNEXT CEO
A new emissions index has been developed by independent shipping platform SHIPNEXT, in a bid to address widely-held industry concerns...
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HSFO cash premiums retreat, Hi-5 spread may widen
Spot fuel oil premiums for high sulphur fuel oil (HSFO) declined on Monday, although a flurry of trades at the...
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Vessel demand drives Baltic index to over 11-week high
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over 11-week...
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Strong LNG Imports in the EU Are Expected for the Summer Period
European LNG imports are expected to rapidly increase over the course of summer, boosting demand for LNG tankers. In its...
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India’s bitumen sector shrugs off curbs on ageing ships
India's bitumen market expects to see minimal impact from new shipping regulations, which will halt the issuing of trading licences...
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