News Flash

CMA CGM to launch MOROCCO SHUTTLE, a new Butterfly service linking Morocco, France & Spain

CMA CGM to launch MOROCCO SHUTTLE, a new Butterfly service linking Morocco, France & Spain

As there are always BETTER WAYS to address a market, CMA CGM – Short Sea Lines Division is pleased to...
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MOL Finances Second Ship through Transition Linked Loans- ESG Financing for Bulk Carrier SHOFU MARU, Featuring Wind Challenger Sail System

MOL Finances Second Ship through Transition Linked Loans- ESG Financing for Bulk Carrier SHOFU MARU, Featuring Wind Challenger Sail System

Mitsui O.S.K. Lines, Ltd. announced that it signed a deal for financing, through a transition linked loan, relying on a...
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Cyprus Shipping Deputy Ministry Establishes New Maritime Entity To Simplify Operations For Shipowners

Cyprus Shipping Deputy Ministry Establishes New Maritime Entity To Simplify Operations For Shipowners

The Cyprus Shipping Deputy Ministry (SDM) has enacted the “Shipping Limited Liability Company (S.L.L.C.) Law of 2022”, which was ratified...
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NEDO Demonstration Project: Demonstration Test Ship for Liquefied CO2 Transportation has broken ground

NEDO Demonstration Project: Demonstration Test Ship for Liquefied CO2 Transportation has broken ground

A groundbreaking ceremony for the hull of the demonstration test ship for liquefied CO2 transportation was held today, 7 October...
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Current Geopolitical tensions To Shape the Tanker Market for Years to Come

Current Geopolitical tensions To Shape the Tanker Market for Years to Come

The tanker market is about to enter a new era of increased volatility to go hand-in-hand with the changes in...
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Indian Register of Shipping (IRS) awarded noise & amp; vibration measurement and analysis work by Colombo Dockyard PLC

Indian Register of Shipping (IRS) awarded noise & amp; vibration measurement and analysis work by Colombo Dockyard PLC

Indian Register of Shipping (IRS) has been providing services towards noise and vibration measurement and analysis for more than two...
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Drewry: World Container Index Down 8% This Week

Drewry: World Container Index Down 8% This Week

Drewry’s composite World Container Index decreased by 8% to $3,688.75 per 40ft container this week. Our detailed assessment for Thursday,...
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Greece: 21 dead, dozens missing, after two migrant ships sink

Greece: 21 dead, dozens missing, after two migrant ships sink

Bodies floated amid splintered wreckage in the wind-tossed waters off a Greek island Thursday as the death toll from the...
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Direct routes from Ctg to major ports halve shipment time and cost

Direct routes from Ctg to major ports halve shipment time and cost

In April 2021, over 25,000 imported containers were stuck at transshipment ports in Sri Lanka, Singapore, and Malaysia, holding up...
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Indonesians stuck on vessel in Kaohsiung set to be relieved: Port authority

Indonesians stuck on vessel in Kaohsiung set to be relieved: Port authority

The Maritime and Port Bureau has agreed to the entry of nine Burmese sailors to relieve eight Indonesian crewmen who...
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Freight rates drop 50% as global trade slows

Freight rates drop 50% as global trade slows

Bangladesh’s ocean freight charges have registered a 50% fall from the pandemic-led massive surges as global trade slows because of...
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ÈTA Shipping signs contract with Lloyd’s Register for plan approval

ÈTA Shipping signs contract with Lloyd’s Register for plan approval

On Monday, October 3rd, 2022, ÈTA Shipping rewarded Lloyd’s Register Rotterdam with the plan approval contract of the ÈTA 6700....
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IMO Low Carbon Global Industry Initiative celebrates milestone

IMO Low Carbon Global Industry Initiative celebrates milestone

The IMO-Norway GreenVoyage2050 has celebrated five years of its Global Industry Alliance to Support Low Carbon Shipping (Low Carbon GIA)....
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Rolls Royce : “Green methanol” will power innovative MTU Marine Engines

Rolls Royce : “Green methanol” will power innovative MTU Marine Engines

Green methanol has the potential to shape the energy transition. Often referred to as e-methanol and produced using hydrogen and...
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TotalEnergies to offer biofuels for ships in Singapore from next year

TotalEnergies to offer biofuels for ships in Singapore from next year

TotalEnergies will start offering biofuels as a bunkering fuel to its customers in Singapore from next year, a senior executive...
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China’s commodity shipping demand to improve from Q4 – execs

China’s commodity shipping demand to improve from Q4 – execs

China’s demand for commodity shipments is expected to improve in the fourth quarter as investments in infrastructure projects and steel...
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Seaborne Crude Oil Loadings Proper Tanker Market to New Highs

Seaborne Crude Oil Loadings Proper Tanker Market to New Highs

The tanker market has taken advantage of a diminishing tonnage supply, combined with a significant increase in crude oil loadings....
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India: Union Minister for Shipping exhorts ports to focus on initiatives to promote ‘Green Shipping’

India: Union Minister for Shipping exhorts ports to focus on initiatives to promote ‘Green Shipping’

Better infrastructure at ports would improve their performance and help prepare a roadmap for port-led development, says Sarbananda Sonowal Union...
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DSME lands LNG Carrier orders Worth KRW1.85tn

DSME lands LNG Carrier orders Worth KRW1.85tn

Daewoo Shipbuilding & Marine Engineering (DSME), which is to be sold off to Hanwha Group, has won orders for four...
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Quang Ninh to further facilitate operation of int’l container shipping firms

Quang Ninh to further facilitate operation of int’l container shipping firms

To attract international container shipping companies, the Maritime Administration of Quang Ninh has held that administrative procedure reforms should be...
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