News Flash

Tanker Market Reacting to More Geopolitical Developments

Tanker Market Reacting to More Geopolitical Developments

Arise in tanker rates of late, has been the result of ongoing market shifts, as a result of the persisting...
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‘Nothing to say’: Kharge on Karnataka leadership debate, says party high command will decide

‘Nothing to say’: Kharge on Karnataka leadership debate, says party high command will decide

NEW DELHI: Amid ongoing speculation about a possible change of chief minister in Karnataka, Congress president Mallikarjun Kharge on Sunday...
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Shipping giant CMA CGM resumes Russia trade with food cargo

Shipping giant CMA CGM resumes Russia trade with food cargo

French-based CMA CGM, the world’s third-largest container shipping line, has resumed limited services to Russia, notably to transport food, three...
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MISC Group Secures Long-Term Value and Strengthens Energy Transition Pathway with Dual-Fuel Investments and Extensive Fleet Renewal

MISC Group Secures Long-Term Value and Strengthens Energy Transition Pathway with Dual-Fuel Investments and Extensive Fleet Renewal

MISC Group has announced a significant step forward in its energy transition strategy through its Petroleum and Product Shipping arm,...
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ING proud to support the launch of innovative shipping decarbonization fund

ING proud to support the launch of innovative shipping decarbonization fund

ING is proud to collaborate with the Global Centre for Maritime Decarbonization (GCMD) and our partners on the successful launch...
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On the front line of Europe’s standoff with Russia’s sanction-busting shadow fleet

On the front line of Europe’s standoff with Russia’s sanction-busting shadow fleet

Out on the western Baltic, a coastguard officer radios a nearby, sanctioned oil tanker. “Swedish Coastguard calling… Do you consent...
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VLCC Tanker Market Takes Another Step Higher

VLCC Tanker Market Takes Another Step Higher

Clean LR2 MEG LR2 freight continued it modest firming this week. The TC1 75kt MEG/Japan index added another 5 points...
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Contract signed for the expansion of Pier 6 – The largest upgrade project for the Port of Thessaloniki begins

Contract signed for the expansion of Pier 6 – The largest upgrade project for the Port of Thessaloniki begins

ThPA S.A. and “METKA S.A. – TEKAL S.A. (PIER 6) J/V” co-signed, the Construction Works Contract for the expansion of...
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Dynagas LNG Partners LP Says LNG Shipping Market’s Fundamentals Solid

Dynagas LNG Partners LP Says LNG Shipping Market’s Fundamentals Solid

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas (“LNG”) carriers, announced its results for the three...
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Trusted data for decarbonization: Growing a maritime data ecosystem with Veracity

Trusted data for decarbonization: Growing a maritime data ecosystem with Veracity

Through its expanding partner ecosystem, Veracity by DNV is transforming how maritime manages and shares emissions data – turning verified...
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Dry Bulk Shipping: Capesizes End Week on Positive Note

Dry Bulk Shipping: Capesizes End Week on Positive Note

Capesize The week delivered a broadly positive performance for the Capesize market, with early strength in both basins before momentum...
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Crude Stock Buildup Could Offer Welcome Boost in the Tanker Market in 2026

Crude Stock Buildup Could Offer Welcome Boost in the Tanker Market in 2026

The tanker market could be set for a welcome boost in 2026, should the current scenarios of crude stock building...
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Notice of the Reorganization of Logistics Business in Thailand

Notice of the Reorganization of Logistics Business in Thailand

Kawasaki Kisen Kaisha, Ltd. (President and CEO: Takenori Igarashi, hereinafter “ “K” LINE ”) announces that it has decided to...
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Nauticworx opens its doors to charterers worldwide – at no cost

Nauticworx opens its doors to charterers worldwide – at no cost

Nauticworx, the pioneering digital platform for offshore workboat chartering, announces major updates. Incorporating feedback from the market since its inception...
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Dry Bulk Shipping: Brazil’s Soybean Exports on the Rise

Dry Bulk Shipping: Brazil’s Soybean Exports on the Rise

In a recent weekly report, shipbroker Banchero Costa said that “soybeans are one of the most important dry bulk commodities,...
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Greece’s Piraeus port not for sale, China tells US

Greece’s Piraeus port not for sale, China tells US

China’s controlling stake in the Greek port of Piraeus, one of the largest in Europe, is not for ​sale, the...
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World’s first vessel retrofit fund using a pay-as-you-save repayment mechanism closes at USD 35M

World’s first vessel retrofit fund using a pay-as-you-save repayment mechanism closes at USD 35M

The Global Centre for Maritime Decarbonization (GCMD), AIM Horizon Investments and their partners today announced the successful closing of the...
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Sailors’ Society receives prestigious international award for its work with India’s cadets, ratings and trainees

Sailors’ Society receives prestigious international award for its work with India’s cadets, ratings and trainees

Recognition of Outstanding Work by an NGO for Indian Cadets and Seafarers has been awarded to Sailors’ Society by the...
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US expands sanctions on tankers, companies involved in Iran oil trade

US expands sanctions on tankers, companies involved in Iran oil trade

The US issued a new round of sanctions Nov. 20, targeting companies, shipping facilitators and tankers it claims are involved...
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HSFO discounts narrow in active trading

HSFO discounts narrow in active trading

Spot discounts for high sulphur fuel oil (HSFO) narrowed at the end of the week, with trading momentum retaining a...
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