News Flash
Newbuilding Activity Picks Up
Newbuilding ordering activity kept up its rising trend over the course of the previous week. In its latest weekly report,...
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HHI Group’s 3 Shipbuilding Affiliates to Go on Strike in December
The labor unions of HHI Group’s three shipbuilding companies — Hyundai Heavy Industries, Hyundai Mipo Dockyard, and Hyundai Samho Heavy...
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Indian Tycoon Adani’s Mega Port Hangs In The Balance As A Fishing Community Protests
On the main road to billionaire Gautam Adani’s planned Vizhinjam mega port on the southern tip of India, a shelter...
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OC1 Schedule adjustment Olga Maersk 247N Port Chalmers Port Omission
Due to operational delays, it has been confirmed that OLGA MAERSK 247N will omit Port Chalmers for schedule recovery purposes...
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Southern California’s Container Ship Backup Ends
Officials declared an end to the backup of ships at Southern California’s ports more than two years after vessels began...
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S. Korea: Transport Workers to Support Truckers’ Walkout by Not Offering Shipping Alternative
A transport workers’ union of the Korean Confederation of Trade Unions has decided to support the general strike by the...
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The Role of Methanol in Shipping’s Energy Transition Explored at First London Methanol Summit
Leading players in the maritime industry joined ABS and the Methanol Institute (MI) for a deep dive into the potential...
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Russian oil moving to Asia on older vessels elevates shipping risks: Trafigura CEO
The global oil market has witnessed the mushrooming of smaller trading firms who are moving Russian oil much longer distances...
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Momentous changes in the cargo ship fleet
Asteady growth trend has evolved in the world merchant ship fleet during the past few years. But this broad view...
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Baltic index snaps 9-day losing streak on capesize gains
The Baltic Exchange’s dry bulk sea freight index rose on Wednesday for the first time in ten sessions, helped by...
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A.P. Moller – Maersk adds Khazaen Dry Port to its global network of port calls
A.P. Moller – Maersk (Maersk) has added Khazaen Dry port (KDP), part of Asyad Group, to its extensive ‘Port of...
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Bureau Veritas to certify major commercial floating wind project in Korea
Bureau Veritas a world leader in testing, inspection and certification, in partnership with the Korean Register (KR), has been appointed...
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MOL Signs Service Agreement with NPO WELgee for Recruiting and Staffing Services
Mitsui O.S.K. Lines, Ltd. announced the conclusion of a service agreement for recruiting and staffing services with non-profit organization WELgee....
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Report Underscores Importance of Pilots and Training to Accelerate Safe Maritime Decarbonization
The Maritime Technologies Forum (MTF) has today released a comprehensive assessment to compare the feasibility and readiness of alternative marine...
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Communication is key for efficient crew changes’ – will be the message from BCS Group – Boers Crew Services during a panel debate at Crew Connect Global
Leading crew services company BCS Group – Boers Crew Services is set to discuss the importance of efficient crew changes...
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New ICS guide launched to help owners and operators navigate the new EEXI and CII emission reduction regulations
The International Chamber of Shipping (ICS) has published the industry’s first definitive guide to the IMO GHG regulations, helping decision...
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Asia Fuel Oil-VLSFO premium extends climb for third straight day
Asia’s spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) rose for a third straight session on Tuesday...
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A clear view ahead as RightShip and Veson Nautical collaboration enables sustainable choices for charterers and managers
RightShip and Veson Nautical are proud to announce a new collaboration to enable those working in commercial freight management to...
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Limited Ship Supply Growth Driven By New IMO Regulations To Help Shipping Freight Market Recover In Mid And Long Term
In its latest analysis, S&P Global Market Intelligence, argues that a lack of newbuildings will limit tonnage supply during 2023,...
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Baltic index falls for ninth straight session on weak vessel demand
The Baltic Exchange’s dry bulk sea freight index dropped on Tuesday, hovering around a 2-1/2-month low hit in the previous...
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