News Flash
MOL Unveils Marine Debris Collection Ship and Demonstrates Coastal Debris Collection Device on the coast of Bali, Indonesia
Mitsui O.S.K. Lines, Ltd. announced that on March 1, on the coast of Bali, Indonesia, it unveiled a marine debris...
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Hapag-Lloyd CEO says he is optimistic about shipping development in India
German container liner Hapag-Lloyd sees great opportunity in India where containerisation levels are still low, chief executive Rolf Habben Jansen...
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SSES & Avenir LNG have successfully delivered bonded LNG to zims first LNG fueled containership in Yangshan port Shanghai
On March 2, 2023, Shanghai SIPG Energy Service Co.,Ltd. (SSES) a subsidiary of Shanghai International Port Group (SIPG) & Avenir...
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The Republic Of Panama And The Kingdom Of Belgium Strengthen Their Links In The Maritime Area By Signing 3 Letters Of Intent
The Republic of Panama, through the Minister of Maritime Affairs, Noriel Arauz, and the Kingdom of Belgium, represented by the...
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The International Chamber of Shipping continues to grow with Luxembourg and Brazil joining the global shipowners’ association
The International Chamber of Shipping (ICS), representing over 80% of the world’s merchant fleet, is pleased to announce FEDIL Shipping,...
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Russia says West is ‘burying’ Black Sea grain deal
Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates...
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Eagle Bulk Shipping Inc. Stays Positive on Dry Bulk Market’s Fundamentals
Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the midsize drybulk vessel segment, reported financial results for...
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Singapore bunker premiums set for bumpy recovery in March
Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in Singapore, the world’s...
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Global Clean Tanker trade from Russia climbs
Ahead of the sanctions on Russian Clean products that came in to force on 5th February 2023, Russia to global...
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India is the Third Biggest Importer of Crude Oil
India is now the third biggest importer of crude oil, with a market share of 11% of global crude oil...
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MPC Container Ships reports Strong Operating Revenue
Highlights Strong operating revenues of USD 162.1 million (+14% YOY) and EBITDA of USD 127.0 millionAdj. EBITDA excl. non-recurring items...
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Russia says it will only renew grain deal if its own exports are unblocked
Russia said on Wednesday it would only agree to extend the Black Sea grain deal, which allows grain to be...
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HSFO retains strength as bidding flurry continues
Asia’s high sulphur fuel oil (HSFO) market extended further gains on Thursday amid a flurry of bidding activity, while the...
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VIKAND strengthens its clinical leadership team to support growing client base
Global Healthcare specialist VIKAND, has added two additional Medical Directors to strengthen its clinical leadership team to support its growing...
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Sunken Philippine tanker leaks industrial fuel oil into sea
A sunken Philippine tanker carrying 800,000 litres (210,000 gallons) of industrial fuel oil has leaked some of its cargo into...
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Container lines still chartering ships despite drop in cargo demand
With import demand flagging, freight rates falling, the container ship orderbook at record highs and ocean carriers canceling voyages, you...
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Hong Kong fuel oil bunker premiums tumble due to faltering demand, rising competition
Low and high sulfur fuel oil bunker premiums have fallen in Hong Kong, as rising competition from regional ports has...
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Changing dynamics lie behind a volatile tanker market outlook
The first two months of 2023 have seen tanker market fortunes change rapidly, illustrating the volatility and upside that continues...
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Baltic index hits near two-month high on stronger vessel demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level...
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War In Ukraine Has Had a Structural Change In Global Shipping
Russia’s invasion in Ukraine, a year and a few days ago, has had a profound impact on shipping. In its...
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