News Flash
Baltic index posts second weekly fall on capesize weakness
The Baltic Exchange’s dry bulk sea freight index (.BADI) posted a second straight weekly fall, weighed down by weaker demand...
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LR Award NACKS AiP for Ammonia Fueled 16k TEU Container Ship Design
Lloyd’s Register has awarded Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) Approval in Principle (AiP) for an ammonia-fueled 16,000teu...
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MOL Concludes Charter Agreement for LNG Carrier with TotalEnergies
Mitsui O.S.K. Lines, Ltd. announced that it has signed a multi-year contract to charter a newbuild LNG Carrier with TotalEnergies...
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Transport & Environment: Gas used to power European shipping could exceed that of 7 mn homes
In 2030 Europe’s shipping industry will need over 6.3 million metric tonnes of LNG to power its growing fleet of...
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MIAL Appointed to the Strategic Fleet Taskforce
The CEO of the Maritime Industry Australia Ltd (MIAL), Angela Gillham, has today been confirmed as a key member of...
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Russian coal exports fall 7.0% as EU sanctions bite, tonne miles up
As a part of European Union sanctions against Russia, the block banned coal imports from Russia starting 10 August. About...
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Baltic index slips on lower capesize rates
The Baltic Exchange’s dry bulk sea freight index (.BADI) fell for the second straight session on Thursday, weighed down by...
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CMA D. ARGOUDELIS & CO S.A. Acquired 2 New ISO Certificates from the EUROCERT
Auditing and certification as per ISO 22301:2019 & 27001:2013 was carried out by EUROCERT Quality Evaluations, a Sustainability, Social and...
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LNG Tanker Market the “Star” of 2022
What was the container shipping segment in 2021, proves to be the case for the LNG tanker market thus far...
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Indian Register of Shipping expands footprint in South-East Asia with RO authorisation from Philippines maritime flag administration
Leading classification society, the Indian Register of Shipping (IRS), has signed a Recognised Organisation (RO) agreement with the Philippines maritime...
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Major UAE Organisations to Participate in WUWM Abu Dhabi 2022
Organisations from across the nation are set to participate in the World Union of Wholesale Markets (WUWM) Conference taking place...
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Wärtsilä continues to speed energy transition with biogas upgrading and liquefaction solution for a new bioLNG plant for Sweden
The technology group Wärtsilä will supply a biogas upgrading and liquefaction solution for a new biogas plant in Sweden. The...
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Methanol Engines Continue Rise with Major Order
Hyundai’s shipbuilding division (HHI-SBD) has ordered 6 × MAN B&W G95ME-C10.5-LGIM dual-fuel main engines in connection with the construction of...
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NYK Presents Its Efforts for the Introduction of Ammonia as Marine Fuel at Two International Conferences
NYK recently participated in two conferences held as part of Tokyo GX Week* to talk about the possibility of a...
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DHL: Ocean freight rate moving towards manageable levels
The DHL Ocean Freight Market Update report is now available. Below are highlights of the latest developments of the global...
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Dozens of LNG-laden ships queue off Europe’s coasts unable to unload
Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload...
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Shipping Confidence Drops From Historic Highs
The last time we took the Shipping Confidence survey to market, Russia had not yet invaded Ukraine. This edition of...
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Gains for larger vessels perk up Baltic dry bulk index
The Baltic Exchange’s dry bulk sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, rose on Tuesday...
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Orders for LNG ships surge as demand rise from energy-starved Europe
China’s shipbuilders, accounting for about a 50-percent global market share, are working around the clock to provide much-needed liquefied natural...
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AD Ports Group Conducts Workshop on Marine Ecosystems across Red Sea and Arabian Gulf
Enhancing commitment to exploring the marine ecosystem of the Red Sea, specifically its coastal coral reefs, representatives of AD Ports...
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