News Flash
On ‘World Mental Health Day’ Hanseaticsoft calls for shipping companies to help break the stigma of mental health
Following World Mental Health Day (10th October) Alexander Buchmann, Managing Director at Hanseaticsoft GmbH, part of Lloyd’s Register’s Maritime Performance...
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Project Zero wins funding in Clean Maritime Demonstration Competition Round 2
A research and development project to demonstrate the technical and economic feasibility of achieving zero emission operations in offshore survey...
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Mediterranean markets face ‘potential feeder containership shortage’
Dedicated newbuild contracting by regional Mediterranean owners will have to increase in the coming years to replace ageing vessels removed...
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Tidal wave of new container ships: 2023-24 deliveries to break record
Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they order a lot of new vessels. When...
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Asia freight rates seen firmer in Q4 despite OPEC+ output cut
Dirty and clean tanker freight rates are expected to be firm in the October-December quarter amid higher seasonal demand, alternative...
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Worldwide industrial price pressures rise as higher energy costs and strong dollar offset impact of cooling supply chains
The global manufacturing PMI survey found average input costs rising at an increased rate for the first time in five...
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Indian exporters keeping fingers crossed as recession clouds loom over EU
Exporters are keeping their fingers crossed due to “visible” recessionary trends in the European Union (EU) as it could affect...
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New shipping service connects Gulf-India
A circular service connecting Hamad Port with India, Gulf–India Express 2 (GIX2), has started operations, a move that ought to...
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Suez Canal revenues hit $2.1bn in Q3, highest quarter in history: Egypt Cabinet
Suez Canal revenues increased in the third quarter of this year by 23.5 percent year-on-year to hit $2.1 billion —...
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Paperless Electronic Trading Systems: Update to TradeLens Terms and Conditions
Version dated 24 February 2021 – Previously Approved The International Group had previously approved TradeLens’ RuleBook and Service Description version...
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Privatization of HMM depends on market, industry situations: ocean minister
The possible privatization of HMM Co. will depend on the stock market and situations in the shipping sector, the country’s...
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China’s cargo rates fall to ‘reasonable level,’ buoying export business
Sea freight rates in China have returned to a reasonable level after reaching record highs last year and early this...
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New analysis of shipping emissions reveals that air pollution has a larger effect on climate than previously thought
Human aerosol emissions have a cooling effect on the planet, because they can make clouds brighter by providing extra condensation...
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Asia-US container rates continue to fall, nearing pre-pandemic levels as imports slow
Rates for shipping containers from east Asia and China to the US continued to fall this week and are nearing...
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Tankers: VLCC Market Lower This Week
Clean In the Middle East Gulf this week most LR runs have seen more declines from inactivity. TC1 lost 15.62...
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Shipping industry flays crew change ban during monsoon at Paradip Port
The shipping industry is up in arms over restrictions placed by Paradip Port Authority on crew change at the eastern coast port...
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Indian transit container gets stuck at Chattogram port for 24 days
An Indian transit container, carrying eight tonnes of tea, has got stuck at Chattogram port for the last 24 days...
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New interim Chief Executive of Maritime and Coastguard Agency announced
Damien Oliver has been appointed as the interim Chief Executive of the Maritime and Coastguard Agency (MCA). Damien will begin...
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US Ports and Terminals Sustain Increased Cybersecurity Attacks
Jones Walker LLP, this week, publicly released the findings of its 2022 Ports and Terminals Cybersecurity Survey, examining cybersecurity preparedness...
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A delegation from Cavotec, a company specialising in clean technologies, visits the Port of Valencia
A delegation from Cavotec, a leading company in the application of clean technologies applicable to sectors such as maritime, visited...
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