News Flash

Maersk Drilling Secures Four-Well Contract Offshore Denmark

Maersk Drilling Secures Four-Well Contract Offshore Denmark

Maersk Drilling has been awarded a contract with INEOS E&P A/S for the provisioning of the harsh-environment jack-up rig Maersk...
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Depleted Rhine Water Level In Germany Holds Above Crisis Lows

Depleted Rhine Water Level In Germany Holds Above Crisis Lows

Water depths on the river Rhine in Germany have fallen after dry weather this week but remain well above the...
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AAL Named Ship Operator Of The Year At The HLPFI Awards 2022

AAL Named Ship Operator Of The Year At The HLPFI Awards 2022

AAL Shipping (AAL) has been named the ‘Ship Operator of the Year’ at the annual Heavy Lift and Project Forwarding...
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Demand, Capacity And Spot Rates Slump On Key Far East To US West Coast Corridor

Demand, Capacity And Spot Rates Slump On Key Far East To US West Coast Corridor

Carriers are fighting to shore up falling spot rates from the Far East to US West Coast, blanking some 1.5...
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China’s Coal Imports Disappointing So Far In 2022

China’s Coal Imports Disappointing So Far In 2022

In its latest weekly report, shipbroker Banchero Costa said that “so far in 2022, global coal trade has been a...
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India Set To Skip Buying Russia’s ESPO Crude In Sept As Freight Costs Jump

India Set To Skip Buying Russia’s ESPO Crude In Sept As Freight Costs Jump

Indian refiners are set to skip purchases of Russia ESPO crude oil this month due to higher freight rates, turning...
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Clyde & Co Offering Puts Legal Expertise At Heart Of Fight Against Cyber Crime

Clyde & Co Offering Puts Legal Expertise At Heart Of Fight Against Cyber Crime

Global law firm Clyde & Co has today announced the launch of a new end-to-end international offering to help organisations...
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AD Ports Group Reaches Key Milestone In Construction Of CMA Terminals Khalifa Port

AD Ports Group Reaches Key Milestone In Construction Of CMA Terminals Khalifa Port

AD Ports Group has installed the first 90-tonne block for the quay wall of the new CMA Terminals Khalifa Port,...
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Marine Insurers Need Better Data For ESG

Marine Insurers Need Better Data For ESG

The marine insurance industry needs to embrace data better if it is to successfully implement ESG aspirations, says Patrizia Kern,...
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Sailors’ Society Appoints New Trustee

Sailors’ Society Appoints New Trustee

Maritime welfare charity Sailors’ Society is delighted to announce the appointment of the former General Counsel and Company Secretary for...
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Customers And Stakeholders Meet Of Indian Register Of Shipping Draws Good Response From Indian Maritime Fraternity

Customers And Stakeholders Meet Of Indian Register Of Shipping Draws Good Response From Indian Maritime Fraternity

After a hiatus of two years, Indian Register of Shipping (IRS) hosted its India Advisory Committee Meeting as well as...
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Leading Shipping Banks And Marine Insurers Pave The Way For 1.5-Aligned Emissions Benchmarking

Leading Shipping Banks And Marine Insurers Pave The Way For 1.5-Aligned Emissions Benchmarking

The Poseidon Principles have committed to adopting an emissions reduction trajectory in line with net-zero commitments, as soon as such...
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Capesize, Panamax Drag Baltic Dry Bulk Index Lower

Capesize, Panamax Drag Baltic Dry Bulk Index Lower

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, fell on Wednesday pressured...
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Ship Owners Are Loading Up On Tankers And Gas Carriers

Ship Owners Are Loading Up On Tankers And Gas Carriers

Shipowners’ buying interest towards the tanker and LNG sector has increased considerably, over the course of the past few weeks....
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Collision With Fishing Boat: Karnataka HC Upholds Criminal Case Under Indian Laws Against Cargo Ship Owned By Singapore Company

Collision With Fishing Boat: Karnataka HC Upholds Criminal Case Under Indian Laws Against Cargo Ship Owned By Singapore Company

The ship had collided with a mechanised fishing boat from Kerala in international water off Mangaluru coast The High Court...
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New MoU Signed For Developing Multi-Modal Logistics Park At Jalna Dry Port In Maharashtra

New MoU Signed For Developing Multi-Modal Logistics Park At Jalna Dry Port In Maharashtra

National Highways Logistics Management Limited (NHLML) and Jawaharlal Nehru Port Trust (JNPT) today (21 September) signed a memorandum of understanding (MoU) for...
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Kaiko Systems Raises €2M Seed Round To Digitize Frontline Work In Ocean Shipping

Kaiko Systems Raises €2M Seed Round To Digitize Frontline Work In Ocean Shipping

Kaiko Systems, a Berlin-based software startup digitizing maritime shipping, has successfully completed a seed financing round of € 2 million....
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60% Of Freight Forwarders And NVOCCs Struggle To Monitor Movement Of Shipping Containers

60% Of Freight Forwarders And NVOCCs Struggle To Monitor Movement Of Shipping Containers

Container xChange unveils a first-of-its-kind container management solution for freight forwarders and NVOCCs- Container Control, a software that simplifies container...
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Baltic Dry Bulk Index Edges Up As Capesize, Supramax Gains

Baltic Dry Bulk Index Edges Up As Capesize, Supramax Gains

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, edged up on Wednesday...
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Saudi Ports Meet Economic Development Demands With Increased Throughput Volumes

Saudi Ports Meet Economic Development Demands With Increased Throughput Volumes

Saudi ports have played a significant part in boosting the competitiveness of the Kingdom’s economy, providing an array of growth...
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