News Flash

Ice class Tankers are the talk of the town

Ice class Tankers are the talk of the town

The number of ice class Aframax Tanker transactions that took place in 2022 increased by 140% year on year. The...
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Baltic index hits fresh multi-year lows on capesize dip

Baltic index hits fresh multi-year lows on capesize dip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a fresh two-and-a-half...
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Shipbuilding Ordering Activity Picked Up Last Week

Shipbuilding Ordering Activity Picked Up Last Week

The Chinese New Year celebrations, currently underway, meant more orders were contracted during the previous days. In its latest weekly...
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Dry Bulk Market Under Pressure in Early 2023

Dry Bulk Market Under Pressure in Early 2023

The dry bulk market has faced increasing headwinds in these early weeks of 2023. In its latest weekly report, shipbroker...
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The NI launches a navigational survey into shipping traffic in the Straits of Malacca and Singapore

The NI launches a navigational survey into shipping traffic in the Straits of Malacca and Singapore

As one of the most important strategic maritime passages in the world, linking the Indian and Pacific Oceans, the Straits...
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Budget may infuse ₹50k-cr in PLIs to cut supply shocks

Budget may infuse ₹50k-cr in PLIs to cut supply shocks

The government may infuse a corpus of about ₹50,000 crore to the existing ₹1.97 lakh crore production linked incentive (PLI) scheme to...
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India to release 3 mil mt wheat from government stocks to rein in prices

India to release 3 mil mt wheat from government stocks to rein in prices

The Food Corporation of India (FCI) will offload 3 million mt wheat from government inventories to rein in rising domestic...
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Fujairah bunkering restarts as UAE port open despite more rain forecast

Fujairah bunkering restarts as UAE port open despite more rain forecast

Bunkering for ships calling at the UAE’s Port of Fujairah has resumed and the port is open despite forecast for...
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Masters have more control over emission reductions through the ZeroNorth Platform onboard vessels

Masters have more control over emission reductions through the ZeroNorth Platform onboard vessels

Technology company ZeroNorth has today announced that the ZeroNorth Platform is now available to masters onboard ships, starting with two...
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Donation of Protective Equipment for Pasig River Cleaners in the Philippines

Donation of Protective Equipment for Pasig River Cleaners in the Philippines

“K” Line Maritime Academy Philippines (KLMA), a primary training center for seafarers of Kawasaki Kisen Kaisha, Ltd. (“K” LINE), have...
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Weekly Ukrainian seaborne grain flows recover, participants cautious

Seaborne Ukrainian grain flows through the Black Sea jumped during the week Jan. 16-22, with volumes up 82% on the...
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Alfa Laval introduces the marine industry’s first biofuel-ready separators

Alfa Laval introduces the marine industry’s first biofuel-ready separators

Biofuels are a current and accessible fuel option that can help marine customers decarbonize. Yet while biofuels reduce CO2 footprint,...
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Europe’s shipping sector needs certainty to plan for renewables transition

Europe’s shipping sector needs certainty to plan for renewables transition

Leading companies from across Europe’s fuel production chain have joined with NGOs to press the European Union’s legislators to provide...
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Baltic index hits fresh 2-1/2-year low as larger vessel rates slip

Baltic index hits fresh 2-1/2-year low as larger vessel rates slip

The Baltic Exchange’s main sea freight index extended losses to a sixth straight session on Tuesday to touch a fresh...
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Indian Ministry Of Ports And Shipping Inaugurates And Lays Foundation Stones Of Projects Worth Rs. 270 Crore

Indian Ministry Of Ports And Shipping Inaugurates And Lays Foundation Stones Of Projects Worth Rs. 270 Crore

Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal inaugurated and laid foundation stones of projects worth Rs. 270...
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The First Autonomous Hull Grooming Robot Is Here – And It’s Greek

The First Autonomous Hull Grooming Robot Is Here – And It’s Greek

Biofouling, the accumulation of microorganisms, algae and plants on the hull of a vessel, is an ongoing issue for shipping...
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Australia Responds to Bulker Reporting Water in its Engine Room

Australia Responds to Bulker Reporting Water in its Engine Room

Australia authorities responded to a call for assistance from a Japanese-owned bulker anchored near a coal port in Queensland. The Frontier...
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Freeport LNG Seeks Regulatory Approval to Restart Operations

Freeport LNG Seeks Regulatory Approval to Restart Operations

Seven months after an explosion took the Freeport LNG facility offline, the operators are asking regulatory for approval to take...
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Construction Milestone for First Hydrogen-Powered Inland Cargo Ship

Construction Milestone for First Hydrogen-Powered Inland Cargo Ship

Construction of the first inland cargo ship that will operate entirely on hydrogen marked a key milestone in the demonstration...
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IME doubles its number of barges following its appointment as a licensed supplier of the UAE

IME doubles its number of barges following its appointment as a licensed supplier of the UAE

International Marine & Energy (IME), a leader in the UAE’s bunkering industry and licensed supplier of petroleum products, has added...
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