Oil settles 1% lower as Mideast ceasefire talks ease supply disruption concerns
Oil prices settled lower on Friday as the rising possibility of a ceasefire…
Maersk awarded “3PL Company of the Year” for the second consecutive year
Once again, Maersk has received a prestigious “3PL Company of the Year”…
ClassNK releases Annual Report on Port State Control
ClassNK has released its annual report on Port State Control. The report is…
MOL, MOLMEC offer new training courses for offshore vessels using dynamic positioning simulators
Mitsui O.S.K. Lines, and MOL Marine & Engineering are pleased to…
CSL highlights major ESG achievements in 2023 Sustainability Report
CSL unveiled its 2023 Corporate Sustainability Report, reflecting its…
FBX Index July 2024: Looking forward
With container market spot prices jumping on the back of a pre-tariff…
Shipping’s readiness to adopt nuclear is advancing as new technology progresses and stakeholder momentum builds
Zero Carbon Fuel Monitor shows an upwards trend in the readiness of all…
Understand the Mechanics: How Do LNG Ships Work
Discover the essential operations of LNG ships and their crucial role in global…
Selective order taking pushes down Korean Shipbuilder's order share below 10% in June
The Korean shipbuilding industry's order share fell to a single digit in…
CHINA DATA: Independent refiners' Iranian feedstock imports hit 8-month high in June
Iranian crude imports up 4.3% from May Iranian crude accounts for 66% of…
Europe & Africa Market Update by ENGINE
Bunker benchmarks in European and African ports have increased with Brent, and…
Russian Government’s oil revenue was up almost 50% in June
Russia’s government revenue from the oil industry was almost 50% higher in June…
MGCs retain their status as ‘true workhorses’ due to high yields and increased orders
Following the surge in VLAC ordering during 2023-24, the trend seems to be…
Japanese refiners consider cutting term crude purchases for spot as yen tumbles
Yen trades near 38-year low against dollar Spot US crude purchases surge in…
All of Sweden’s core ports retain status in revised TEN-T Regulation
Sweden’s core ports welcome the revised regulation on European Union…
East of Suez Market Update by ENGINE
VLSFO prices in East of Suez ports have been rangebound, and prompt…
VLCCs might play spoilsport in the LR market
Skyrocketing freight rates in the product tanker market, especially in the LR…
Pacific International Lines has launched the market’s first China Calcutta Service (CCS)
Pacific International Lines (PIL) is pleased to announce that we have launched…
Yang Ming’s YM Together Bunkers B30 HSFO Biofuel in South Korea
Starting this year, Yang Ming Marine Transport Corporation (Yang Ming) is…
Eastern Pacific Shipping expands community commitment with Ehime Football Club partnership
Eastern Pacific Shipping (EPS) announces partnership with prominent Japanese…
Baltic index set for first weekly fall in six
The Baltic Exchange’s main sea freight index, which tracks rates for ships…
Outcomes of IMO's 74th Technical Cooperation Committee meeting
The Technical Cooperation Committee held its 74th session at IMO Headquarters…
Ocean Yield announced the purchase infrastructure fund CVC DIF’s share in the French company Geogas LNG
Ocean Yield announce that it has agreed to purchase infrastructure fund CVC…
PortXchange Showcased on Flagship Founders' Global Maritime Tech Startup Map 2024
PortXchange, a leading innovator in port call optimization and maritime…
Singapore Maritime Foundation and Pertamina International Shipping Asia Pacific Cooperate to Build Maritime-ready Talent Pool
Both organisations sign a Memorandum of Understanding to create more…
SFL orders of five Newbuild LNG dual-fuel 16,800 TEU container vessel
SFL Corporation announced that it has agreed to build five 16,800 TEU container…
Exuberant dry bulk market sees asset prices streak ahead of earnings
Dry bulk market players are putting earnings potential over asset values as…
Dry Bulk Market Monitor: Supply Dynamics Capesize C3 & C5 routes
This week’s chart illustrates the increase in monthly soybean export volumes…
WAF-UKC Suezmax rate dips below w100 for first time since May 15
The freight rate for the key West Africa-UK/Continent Suezmax run, exclusive…
Vitol invests in future of LNG bunkering by securing three LNG Bunkering Vessels
Vitol has secured three LNG Bunkering Vessels (“LNGBV”) through its shipping…
EU adopts 14th sanctions package against Russia
Circular issued by International Group clubs On 24 June 2024 the EU Council…
ProMarks and Trafigura sign MOU with the Angolan government
ProMarks, an international engineering company specialized in the energy sector…
Yang Ming receives AFLAS award for best shipping line – Intra-Asia
The Asian Freight, Logistics and Supply Chain Awards is one of the most…
Valenciaport experts teach the keys to port management in a workshop of UNCTAD
The Port Authority of València hosts at its headquarters from 1 to 12 July the…
HHLA opens hydrogen test field in the Port of Hamburg
Hamburger Hafen und Logistik opened the first test field for hydrogen-powered…
Associated British Ports new Head of Commercial joins the Humber
Associated British Ports in the Humber is delighted to welcome Laura Wood as…
Baltic index snaps 5-day winning streak on lower vessels rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships…
Europe & Africa Bunker Fuel Availability Outlook by ENGINE
Northwest Europe LSMGO demand has been muted in Rotterdam and in the wider ARA…
Fujairah Data: Oil product stocks drop to nine-month low
Stockpiles of oil products at the UAE’s Port of Fujairah dropped to a…
EBRD finances the largest battery energy storage system in Central Asia
EBRD financing of US$ 229.4 million supports major renewable energy project in…
Schulte Group expands emissions management offering
The new Schulte Group member company, Ocean Opt, has been established as a…
Product Tanker market to rebalance in response to contracting oil demand
The recent IEA report forecasting a decline in oil demand by the end of this…
Strategic partnership announcement between GMCG and ARCHE
GMCG, a Global leader in engineering and consultancy, and Arche Energy, a…
Turkey mediating Somalia-Ethiopia talks on port deal
Turkey has begun mediating talks between Somalia and Ethiopia over a port deal…
Green shipping fleet growing as more newbuilding orders were placed in 2024
Clarksons Research have released their latest Green Technology Tracker,…
Innovative onboard research to improve crew health and wellbeing through social interaction
Crew on vessels from the shipping, cruise and superyacht industries will take…
CEVA Logistics continues strategic transformation, grows core products by integrating Bolloré Logistics
Top 5 global strength, local knowledge for close customer care, solution…
MSC sailing team competes in the Trofeo SM La Reina 2024
Fresh from a great result at the world-renowned Bol d’Or in Geneva on Sunday 16…
ONE's West India North America WIN container service begins calling JAXPORT
Ocean carrier Ocean Network Express’s new West India North America container…
Baltic index rises for fifth straight day on strong capesize demand
The Baltic Exchange’s main sea freight index, which tracks rates for ships…
Trafigura joint venture completes acquisition of Texas power plant
Trafigura and its joint venture partner Frontier Group of Companies are pleased…
Mintra receives 14th consecutive LPI gold standard accreditation
Mintra, a global leader in digital learning and human capital management for…
Tanker market in unfamiliar equilibrium as demand levels stay ‘higher for longer’
Latest MSI analysis finds ‘distance effect’ is among factors supporting…
Port of Long Beach again named ‘Best West Coast Seaport’
Sixth consecutive annual award from international trade publication The Port…
Seafarer charity Stella Maris launches Tanzania operation as region feels strain of Red Sea attacks
Stella Maris Tanzania will provide practical, pastoral and spiritual support…
Allied Weekly Market Review Week 26
Pls find below the Allied - Weekly Market Review - Week 26 ALLIED - Weekly…
Intermodal Report Week 26 2024
Pls find below the Intermodal Report - Week 26 2024 Intermodal Report Week 26…
Supporting local green energy development AAL ships heavy lift HRSG components for Singapore's first hydrogen ready power station
Singapore-headquartered premium multipurpose and project cargo carrier AAL…
Bahamas Maritime Authority highlights of Posidonia 2024
This year’s Posidonia represented a milestone for The Bahamas Maritime…
HD Hyundai, Hanwha, Samsung face intensifying disputes with shipyard workers
Labor-management conflict at domestic shipyards has been heightened, as…
Successful exhibition for Port of Hamburg
The transport logistic China in Shanghai was a success for the German seaports.…
New Chief of staff for ABP
1st July marks the start date for the new Chief of Staff role at Associated…
OCIMF SIRE 20 to ‘go-live’ on 2 September 2024
OCIMF provides notice to industry of date for final transition to digitalised…
Port of Rotterdam secure container collection from Africa, Middle East, India and Pakistan without a PIN code as of October 1
From the 1st of October 2024, container cargo from Africa, the Middle East,…
Denmark maintains its position among the World's 10 largest maritime nations
A new report shows that Denmark remains in the top 10 of the world's largest…
CPKC wins best rail logistics service provider at the Asian freight and logistics awards for fourth consecutive year
Canadian Pacific Kansas City was awarded the prestigious Asian Freight and…
MOL signs Japan's 1st sustainability-linked lease agreement
Steadily Pursuing Environmental Strategy Initiative Mitsui O.S.K. Lines,…
xclusiv S&P Report 1st July 2024
Pls find below the [xclusiv] S&P Report 1st July 2024 [xclusiv] 2024_07_01
Rising US imports drive increased activity in the US container trading market, container xChange survey reveals
Majority of respondents agree that the container trading market in the US is…
Port Houston leads in community stewardship
2024 Community Grant Recipients Announced The Port Commission of the Port of…
IMRF celebrates its historic 100th anniversary as the leading global community of maritime SAR
The International Maritime Rescue Federation, the world’s leading…
Russia will start gas exports to China from far east in 2027
Russia’s Gazprom will start annual pipeline gas exports to China of 10 billion…
VLCC Tanker Market Stabilized Last Week
Clean LR2 MEG LR2’s were subject to downward pressure this week. The TC1 rate…
LNG Shipping Equity Index Up 26.4% so far in 2024 according to Drewry
The Drewry LNG Shipping Equity Index increased 26.4% YTD (as of 27 June 2024),…
Is Lloyds Open Form on ‘life support’?
On 1 June 2024, Lloyd’s Salvage Branch published a rebranded Lloyds Open Form…
Vessel and crew safe after incident southwest of Yemen’s Al Mukha, UKMTO says
The United Kingdom Maritime Trade Operations (UKMTO) said on Sunday it had…
Trafigura completes first ship-to-ship transfer of ammonia
Trafigura Group , a market leader in the global commodities industry, has…
Hanseatic global terminals a new brand to strengthen and expand the terminal business
New brand emphasises commitment to quality and expansive terminals operations…
Valenciaport strengthens its trade and cooperation relations with China at the Silk Road Forum
The Port Authority of València participates in the 8th edition of the Maritime…
West of England sharing safety tips on IMO Day of the Seafarer
The IMO Day of the Seafarer, when we can all celebrate the vital…
Wilhelmsen Port Services revolutionises port call payments with innovative financing model
Wilhelmsen Port Services , in collaboration with Round Fort Capital, announces…
Reminder - anchoring in Malaysian waters off East Johor
Over the years, several vessels entered with Gard have been detained and…
APM Terminals sustainability initiatives go global, Go Green
APM Terminals colleagues from our locations in Ghana to Brazil, Georgia to…
Naming and delivery ceremony for M/V “SITC MINHE” held successfully
The Naming & Delivery Ceremony of M/V “SITC MINHE” was successfully held at…
ICS Publications announces the launch of the Global Health Emergency Guide, first edition
Helping shipping companies and crew prepare, act, and recover International…
Ban on heavy fuel oil in the Arctic comes into effect
An international ban on the use of Heavy Fuel Oil in the Arctic will come into…
NorthStandard data dialogue vital for Maritime Energy Transition
Regulation is a key driver when it comes to decarbonising the shipping industry…
Trafigura, Gunvor demand sparks jump in Brent oil benchmark
Trading houses Trafigura and Gunvor bought nine cargoes of crude that underpin…
World Container Index Up 4% last week according to Drewry
Drewry’s World Container Index increased 4% to $5,318 per 40ft container this…
US sanctions more companies, ships involved in Iran oil trade
The United States is sanctioning new entities and ships it accused of…
Royal Belgian Shipowners' Association meets with European Commission to provide feedback on EU ETS
Together with other European shipowner associations and companies, the…
FrontM Expands Advisory Board with Top Maritime Experts
FrontM, the Maritime Superapp Platform company, welcomes industry experts Su…
Inchcape Shipping Services opens new office and warehouse facilities in Strategic Expansion to Trinidad and Tobago
Inchcape Shipping Services, a leading provider of comprehensive port agency and…
The potential of restoring Marine Habitats for Marine Net Gain, carbon sequestration, and port decarbonisation
Considering the global initiatives to become nature positive by 2030 [1] and…
AD Ports Group and the International Trade Centre (ITC) Sign a Strategic MOU for Cooperation to Enhance the Trade Facilitation Initiatives Globally
AD Ports Group (ADX: ADPORTS), one of the world’s leading facilitators of…
Americas Fuel Availability Outlook
North America Bunker demand has remained low in Houston this week.…
Egypt’s tender for 17 LNG cargoes fully awarded, sources say
Egypt’s recent tender seeking 17 cargoes of liquefied natural gas (LNG) for…
Container shipping market exploding in 2024, but 2025 could be a different story says BIMCO
Supply/demand balance We have revised our assumption regarding when ships…