Rising freight costs, container shortages paralyse global trade recovery
Red Sea crisis causing global shipping disruptions reminiscent of those seen…
Term Russian crude deals could test resilience of Middle Eastern flows to India
Middle East supplied 46% of India's crude imports in H1 2024: CAS Russia's…
European Commission approves €998 million Dutch State aid scheme to support renewable hydrogen production
The European Commission has approved, under EU State aid rules, a €998…
Seafarers Happiness Index shows modest rise in well-being in Q2 2024, but concerns emerge over a ‘two-speed’ industry
Issues arise over the ‘haves and have-not’s’ for happiness at sea The findings…
Maritime and Port Authority of Singapore collaborates with Microsoft to boost Innovation, Cybersecurity, Digital, and Green Transformation for Maritime Industry
The Maritime and Port Authority of Singapore (MPA) signed a memorandum of…
China releases draft allocation plan for power sector for 2023 and 2024
On 2 July 2024, the Chinese Ministry of Ecology and Environment (MEE) released…
Europe & Africa Fuel Availability Outlook 31 Jul 2024 by ENGINE
LSMGO supply improves in the ARA HSFO is tight off Malta, Piraeus and…
Forth Ports successfully trials new deep water berth with the arrival of the Carnival Legend cruise vessel in Leith
The people of Leith woke up to a spectacular sight today (30th July) with the…
World Shipping Council advances Green Balance Mechanism Proposal with New Submission to IMO
Following positive response and encouraging conversations with IMO member…
Development of the Environmental and Social Impact Study for East Mole Terminal in Pointe Noire
Study is part of AD Ports Group’s Commitment to Construction, Management and…
San Marino joins the United Nations Convention on the Law of the Sea UNCLOS
The convention guarantees rights and access to marine resources for the…
Camillo Fontana to become Chief Financial Officer of Hanseatic Global Terminals
Camillo Fontana will become Chief Financial Officer (CFO) of Hanseatic Global…
Avenir delivers mass-balanced bio-LNG in the Swedish port
UK-based LNG bunker supplier Avenir LNG bunkered a ferry operated by…
Spanish Government authorises Enagás to start work on H2Med, the Spanish hydrogen network and associated storage facilities
The Spanish Council of Ministers approved the agreement authorising Enagás…
Crude oil supply threatened amid growing tensions in the Middle East
The Israel Defense Forces (IDF) launched a targeted attack in Beirut,…
North Sea Oseberg loadings rise in Sept, Troll falls
North Sea crude grade Oseberg will load three cargoes in September, up from…
Bidding for Donghae Gas Field Project targeting Overseas Investment Banks to begin in August
The Korea National Oil Corporation (KNOC) is gearing up for a significant…
Silverstream launches Global Operations Centre in Southampton
New hub dedicated to enhancing operational capabilities and supporting existing…
Royal Huisman Group announces O2 Capital Partners as the intended new shareholder
The new owner is a Dutch long-term investor. The management team of Royal…
Holland America Line's 2026 Europe Season Allows Guests to Choose Their Own Mediterranean Adventure or Explore More Ports in Northern Europe
Rotterdam headlines eight departure ports from which guests can visit more than…
Concordia Damen secures contract to deliver River Cruise 135 to Swiss luxury cruise operator
Concordia Damen is proud to announce their new contract with an undisclosed…
Eutelsat validates MAINDATA’s SFN Boost for DVB-SIS “Single Illumination Satellite” compliance
Eutelsat has officially confirmed the interoperability of broadcast solution…
Equinox Maritime deploys ‘game-changer’ Starlink with Navarino
Established in 2001 in Athens, Equinox Maritime today operates a fleet of 23…
Soracom announces new IoT Connectivity Platform Services with deeply embedded GenAI Capabilities
Soracom Flux and Query Intelligence accelerate IoT projects with GenAI…
Cyprus Shipping News (CSN) Rebranding, New Portal and Newsletter Redesign
We are proud to announce that CSN is undergoing a rebranding to better reflect…
The European Public Prosecutor’s Office (EPPO) in Nicosia investigates project for liquefied natural gas import terminal
The European Public Prosecutor’s Office (EPPO) in Nicosia (Cyprus) has opened…
European Commission launches Ship Financing Portal to boost the maritime sector's green transition
The Ship Financing Portal, designed to improve access to financing for the…
Iran finds smuggled crude on seized tanker, Tasnim reports
Iran seized the Togo-flagged tanker Pearl G in the Gulf on Friday and it was…
What is the natural gas futures market?
The natural gas futures market is a marketplace where standardized contracts…
Turning the wind around – how to unleash your ship’s “speed reserve” with voyage optimisation
The shipping industry is changing, and there are not many constants other than…
Americas Market Update 30 Jul 2024 by ENGINE
Americas bunker benchmarks have taken mixed directions, and bad weather could…
Term Russian crude deals could test resilience of Middle Eastern flows to India
Middle East supplied 46% of India's crude imports in H1 2024: CAS Russia's…
MSC Air Cargo launches inaugural commercial flight from Milan to Hong Kong
MSC Air Cargo celebrates a monumental achievement this week with the launch of…
Climate targets inspire confidence
Turnover in 2023 increases by 5.8 per cent to 11.3 billion euros Order intake…
Watson Farley & Williams strengthens Dubai ship finance offering with partner relocation
Watson Farley & Williams (“WFW”) is strengthening its Middle East ship…
Major Oil Companies eyeing KNOC's East Sea Blue Whale Project
ExxonMobil, the largest major oil and gas company in the Western world, has…
Sonan Bunkers secures significant funding to propel global expansion
Since our inception in 2014, Sonan Bunkers has been committed to providing…
GreenPowerMonitor introduces new Energy Management System for enhanced renewable power plant control
GreenPowerMonitor (GPM), a DNV company, has launched an advanced Energy…
US does not plan to revoke oil company licenses after Venezuelan election: Biden official
No other details on future licenses offered Market impact is unclear: experts……
Hanwha Ocean earns MSRA certification to participate in U.S. Navy's maintenance, repair, and overhaul business
Hanwha Ocean signed a Master Ship Repair Agreement (MSRA) with the U.S. Navy,…
HD Hyundai Marine Solution wins $60 mn ship maintenance contract
HD Hyundai Marine Solution Co., HD Hyundai’s marine industry comprehensive…
Chantiers selects TMC to equip world’s largest sailing ships
Chantiers de l'Atlantique has chosen TMC Compressors to supply the marine…
DNV completes technical update of CCS Directive Guidance Documents to facilitate sustainable CO2 storage in the European Economic Area
Commissioned by the European Commission, the updated guidance documents reflect…
Royal Caribbean's next new cruise ship class will probably replace older, smaller ships
Royal Caribbean is known for launching mega cruise ships, but it wants to…
iPhone 16 to miss AI features at launch with Apple planning Post-Release Update
At the Worldwide Developers Conference (WWDC) held in early June, Apple…
DNV achieves milestone Europrivacy™® accreditation
Recent accreditation by Accredia highlights DNV’s commitment to supporting…
A visionary at the helm: Despina Panayiotou Theodosiou's transformative leadership
In the dynamic world of business, where innovation and adaptability are…
Eurogate support supports Ride To Green campaign
The proceeds from the use of the 20 bicycles will go towards a tree-planting…
US Department of Labor investigation leads Maersk to change reporting policy for employees
As part of a settlement with the U.S. Department of Labor, Maersk Line Limited…
General cargo vessel Eems Traveller ready to set sail today with two suction eSAILs
The general cargo vessel Eems Traveller ready to set sail today with two…
Container Shipping Financial Insight – July 2024 by Drewry
The Drewry Container Equity Index has plummeted 13.8% in the past month. Please…
Vietnam’s seaports have rare opportunities
Seaport congestion in Singapore is affecting the global supply chain, forcing…
UK-based carbon capture startup bound for growth
There is growing acceptance that onboard carbon capture (OCC) is likely to form…
West, East Med LNG markets compete for cargo volumes amid heat waves
East Med at month high versus West Med NWE sees lull in LNG trading activity…
SOUTH KOREA DATA: H1 crude imports from US hit record high of 85 mil barrels
Fewer geopolitical, logistical risks with low tanker insurance fees Refiners…
Technip Energies awarded a proprietary equipment contract by Chevron Phillips Chemical for the first complete implementation of the low-CO2 cracking furnace technology
Technip Energies (PARIS:TE) has been awarded an Engineering and Procurement…
Itabus travels with Enilive’s biofuel, 100% made from renewable raw materials
Itabus, an Italian transport company, is now using Enilive's HVOlution diesel…
SeaVantage Secures $2.3 Million Strategic Investment from HD Hyundai Marine Solution
SeaVantage, a fast-growing startup specializing in advanced maritime data…
UK pioneers space refuelling with £2m for Orbit Fab’s innovative technologies
The UK Space Agency has awarded Orbit Fab a £1.3 million Major Project grant…
Lukoil ramps up seaborne oil exports as Druzhba supplies stuck, sources say
Lukoil, Russia's largest private oil company, has ramped up oil exports via…
Loading of Iron Ore Fines and Group A cargo from Indian Ports
Due to some historic high-profile cases involving the loss of vessels and…
Vale on track to hit top end of iron ore guidance, after profits surge
Brazilian miner Vale VALE3.SA is confident it will manage to meet the top end…
Seaborne iron ore market in Asia braces for sluggish Q3 amid dimmer outlook
Spot demand for high grade fines finds resilience in Q2 Seaborne lump premium…
DP World supercharges Asia Pacific trade with network expansion
The expansion brings the number of DP World’s active trading offices globally…
China's COSCO Shipping, Fortescue to build green fuel supply chain
China's COSCO Shipping has signed a preliminary agreement with Australia's…
HHLA TK Estonia enters grain season with new sustainable handling facilities
HHLA TK Estonia, a subsidiary of Hamburger Hafen und Logistik AG, is…
PETRONAS, Enilive and Euglena reach Final Investment Decision to construct a biorefinery in Malaysia
Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly…
China's Iranian crude imports find new market in northeast
Imports of Iranian crude have been flowing into the port and refining city of…
Asia spot prices slip as Freeport LNG loadings resume, Japan stocks rise
The average LNG price for September delivery into north-east Asia was at…
Three Russian LNG tankers are being repaired in Europe and China, LSEG data shows
Three Russian LNG tankers are being repaired in Europe and China at a time…
ClassNK releases “ClassNK Technical Journal”
- Introducing initiatives for vehicle carrier fires - ClassNK has released…
Intellian completes final Factory Acceptance Test of its newly launched t360CK TVRO
Intellian Technologies Inc., a leading global provider of feature-rich,…
Madison Dearborn Partners Announce Sale of LinQuest to KBR
Madison Dearborn Partners (“MDP”) announced that it has signed a definitive…
BAE Systems and Stellar Blu Solutions complete multi-orbit antenna qualification and type certification for in-flight connectivity
The milestone opens the door for integration of the aero terminal…
ClassNK releases “Guidelines for Cyber resilience of ships”
- Explaining IACS UR E26 requirements and necessary actions - ClassNK has…
Iran releases cargo of oil tanker St Nikolas, shipping source says
The oil cargo of the M/T St. Nikolas tanker, which was seized by Iran in the…
Chart of the Week: Russian Grain Shipments to TOP Destinations
This week's chart highlights the notable increase in the monthly…
Russia's Novak says no friction with OPEC+ over exceeding production quotas
Russian Deputy Prime Minister Alexander Novak seen at a meeting of Russian…
Wireless reefer monitoring system for the Port of Thessaloniki
ThPA S.A. is bolstering its reefer container handling capabilities by…
South Korea's Petroleum exports hit record high in first half of the year
The Korea Petroleum Association announced on July 24 that the petroleum product…
New Fortress Energy Announces Closing of $700 Million Loan for Second FLNG Unit
New Fortress Energy announced that after successfully producing LNG at its…
Closing Ceremony for 6# 7000 TEU Container Vessel at New Times Shipbuilding
On July 16, 2024, the closing ceremony for 6# 7000 TEU Container Vessel with…
Hanwha Ocean makes operating profit of 43.3 Billion Won in H1, marking significant turnaround
Hanwha Ocean announced its first-half results for 2024 through a provisional…
HD Hyundai Heavy Industries takes bold step in localising eco-friendly dual-fuel ship engines
HD Hyundai Heavy Industries has embarked on a groundbreaking "localization…
Maersk’s alleged LNG investment an ‘obvious detour’ from climate goals – Say No to LNG
Danish shipping major A.P. Moller-Maersk needs to honour its past commitments…
Diana Shipping announced Time Charter Contract for m/v DSI Polaris with Stone Shipping
Diana Shipping, a global shipping company specializing in the ownership and…
Global coal demand is set to remain broadly flat through 2025
Despite the rapid expansion of renewables, the huge growth of…
S. Korean shipbuilders focus on innovation, Chinese on expansion
In recent years, Chinese shipbuilders have significantly increased their…
Reed Smith: Intensified scrutiny of greenwashing ads reaches shipping sector
Lawyer Voirrey Davies shares her comments on greenwashing claims in the…
Container ship capacity expands 11%, fastest growth in 15 years
Capacity is expected to exceed 30 million TEU at the end of third quarter and…
Baltic index slips for fourth straight day as capesize rates dip
The Baltic Exchange's main sea freight index, which tracks rates for ships…
Sluggish crude demand in Europe continues
This insight explores the weakness currently observed in Europe’s seaborne…
BIFA & TT Club Deliver Advice On Maritime Container Safety
BIFA used the latest episode in its 2024 webinar series to deliver some key…
NYK donates 1 million yen to Daisen City in Akita Prefecture for Salmon Hatchery Reconstruction Project
Venti Japan Inc., which will donate to the salmon hatchery…
Asia Fuel Oil-Spot premiums extend gains while market structure firms
Spot fuel oil premiums extended gains in Asia on Wednesday, backed by…
Panama Maritime Authority exceeds expectations in flag registry and reinforce its fleet growth strategies
The renewal of the Panama merchant fleet is one of the quality objectives of…
"I will survive": LNG attracts shipowners despite ongoing scrutiny
Drewry expects LNG to be feasible as a marine fuel until 2035 amidst the EU…
MSC invests in Multimodal Terminal adjacent to Paris Via MEDLOG
MSC Mediterranean Shipping company is pleased to announce that its…
Dalian-Mexico direct container shipping route opens
An OOCL CHENNAI vessel departed from Dalian Container Terminal on Friday,…