xclusiv S&P Report 19th February 2024
Pls find below the [xclusiv] S&P Report 19th February 2024 [xclusiv]…
Red Sea European shipowners welcome launch of Operation ASPIDES
Following growing attacks on commercial shipping, the EU Council has officially…
Shipping firms enter EU ETS at market trough - admin backlogs expected
New EU rules will provide shipping companies with more opportunities to buy…
Transpacific: A carrier success story
A combination of strong demand and carefully managed capacity is boosting spot…
DP World signs agreement as title partner of Delhi Capitals women's team in a historic move
“We are excited to extend our partnership with Delhi Capitals as the Title…
Maritime safety: deal on stricter measures to stop shipping pollution
Parliament and Council negotiators reached an informal deal to extend an…
Delivering net-zero shipping by 2050: Introducing the Green Balance Mechanism
The global shipping regulator, the UN International Maritime Organisation, has…
Unifeeder completes agreement for two additional methanol powered vessels
Unifeeder Group has successfully completed a long-term charter agreement for…
UAE, India lay foundation stone for “BHARAT MART”project in Dubai
“By laying the foundations for Bharat Mart, we are paving the way for…
First cranes arrive as part of USD 300 million Port of Salalah expansion
As part of its USD 300 million container terminal upgrade and expansion…
KEZAD Group signs lease agreement with APT for Automotive Aluminium Component Manufacturing Plant
Al Ghurair Group Subsidiary to Tap Global EV Parts Market from 30,000 sq metres…
As Greenland rapidly Sheds Ice, IMO must cut shipping’s Black Carbon emissions
As a meeting of the International Maritime Organization’s Sub-Committee on…
India resumes buying Russian Sokol oil after 2-month hiatus
India has resumed imports of Russian Sokol oil after a two-month gap with at…
Americas Fuel Availability Outlook by ENGINE
North America After last week’s weak demand, bunker demand has improved this…
World Container Index Down 1% Last Week by Drewry
Drewry’s World Container Index dropped by 1% to $3,733 per 40ft container this…
Delivery of the CMA CGM MERMAID: First ship in a series of 10 container ships with a unique design in the world for better energy performance
A unique design, the result of collaboration between CMA CGM, Chantiers de…
Ukraine on track to export all 2023 grain, says Britain
Ukraine is on track to export all grain from its 2023 harvest despite Russian…
Korea to Europe container shipping costs rose more than 70% in January
Container shipping costs from Korea to Europe soared more than 70 percent last…
Oil product stockpiles climb to six-week high on thin exports
Stockpiles of oil products at the UAE’s Port of Fujairah climbed 2.1% in the…
Cost of South Africa’s first LNG import terminal pegged at $372 mln-plus
South Africa’s first LNG import terminal at Richards Bay will cost over 7…
HD Hyundai to develop large liquefied hydrogen carrier by 2030
HD Hyundai will develop a commercial large liquefied hydrogen carrier by 2030…
Past and present parallels to Red Sea risks
The Red Sea, a vital artery for global trade, has long been fraught with…
Singapore January bunker fuel sales rise 12.1% y/y on Red Sea diversions
Marine bunker fuel sales in Singapore kickstarted 2024 on a firm note, the…
High waves, high claims: New study on container losses
In a comprehensive new study, we delve into the impact of weather on…
Port of London Authority and partners launch Net Zero River Plan for the Thames
The Net Zero River Plan identifies four priority themes to accelerate the move…
Skuld cover position and recommendations for charterers transiting or trading in the Indian Ocean, Gulf of Aden, Southern Red Sea and the RUB excluded area
Following the issuance of a Notice of Cancellation by the Association's…
Establishment of OCEANICWING SAS and acquisition of AIRSEAS Business
Kawasaki Kisen Kaisha announce that OCEANICWING S.A.S. was established on…
ABS publishes industry leading requirements for liquefied crbon dioxide LCO2 carriers
ABS sets its sights on the vessels that will support the next step in the path…
Weathernews launches "Berth Waiting Forecast" service your solution to predicting port congestion
Powered by an advanced AI analysis model, integrating business and weather…
Baltic index steady as weaker capesize rates counter gains in smaller vessels
The Baltic Exchange’s dry bulk sea freight index was little changed on…
Iran will reciprocate if its ships are seized, official says
Iran will reciprocate if its ships are seized, the legal adviser to Iran’s…
CMB Nv launches its mandatory public takeover bid on Euronav NV
CMB NV (“CMB”) announces that on February 13, 2024 the Belgian Financial…
Dry Bulk Market: The 14-day moving average of loaded daily volumes in the Capesize South Atlantic exceeded the 1 million tons demand benchmark
In the third week of February, Capesize Brazil to North China rates…
Navigating Change: A Timeline of recent & future progress at the Panama Canal
It’s no secret that the accelerating implications of climate change have had…
JB Rae Smith elected UK Chamber of Shipping president
International shipping industry veteran JB Rae-Smith was elected as President…
Europe & Africa Bunker Fuel Availability Outlook by ENGINE
Northwest Europe In the ARA hub, recommended lead times for HSFO have come…
The sustainable transformation of Valenciaport is on display at the eMobility congress
The Port Authority of València presents its strategy to become an emission…
IMRF’s #SARyouOK? initiative takes centre stage with the launch of its guidance and best practice framework
The International Maritime Rescue Federation has launched its #SARyouOK?…
Ocean Network Express unveils Asia Pacific 1 AP service, enhancing Transpacific Network
Ocean Network Express is pleased to announce the launch of the Asia Pacific 1…
BIMCO calls on IMO to solve legal inconsistencies in ship recycling conventions
BIMCO, together with Bangladesh, India, Norway, Pakistan and the ICS, has…
Port of Long Beach Cargo increases in January
Retailers push to fill warehouses ahead of Lunar New Year celebrations Trade…
Maersk introduces a new digital solution simplifying Air Freight booking experience for its customers
Maersk Air Freight solutions can now be easily booked on Maersk.com for 70,000…
Broekman sells terminal to neighbour CLdN
Broekman Logistics is selling the Distriport terminal in the Brittanniëhaven…
Flotte Hamburg commissions new pilot transfer vessel
The Hamburg fleet is kicking off the new year with the award of a contract…
Partnership between APM Terminals and Toyota expands to Valencia
Gibraltar Stockholdings , a specialist distributor of Toyota vehicles and…
The hardest job in the world’: Siberian shipyard workers brave freezing cold
A drone flies low over a snow-covered shipyard in Russia’s Far East, where…
Russia’s dependence on exports to Asia rises as business with Europe falls
Russia’s dependence on trade with Asia rose sharply in 2023 while its business…
Achieving Net Zero in International Shipping through Korea-US-Japan Green Shipping Corridor
Implementing the green corridor initiative between key ports in South Korea,…
Poland to make quality checks on all grain shipments from Ukraine, Deputy Agriculture Minister Michal Kolodziejczaksays
Poland plans to start quality checks on all grain shipments from Ukraine,…
AD Ports Group signs strategic MoUs with Gujarat Maritime Board and RITES Limited to propel Global Trade and Infrastructure Development in India
AD Ports Group, the leading facilitator of global trade, logistics and industry…
ClassNK and Lovoy signed MOU to jointly explore enhanced safety at sea
ClassNK and Lovoy have signed a Memorandum of Understanding to cooperate with…
ABP welcomes CMA CGM vessel on maiden voyage
The Port of Immingham was proud to welcome the CMA CGM Indianapolis vehicles…
Stream Marine Group on course for significant growth over the next 18 months as it celebrates 10th anniversary
Leading maritime safety training provider Stream Marine Group reflects on how…
Stena Bulk enhances its Eco MR Fleet with four additional newbuild charter agreements
Leading tanker shipping company Stena Bulk hasannounced the latest expansion of…
ClassNK launches E-Learning courses on Shipping and Shipbuilding Industry
ClassNK has introduced E-Learning courses offered through its training and…
BIMCO Shipping Number of the Week
Oil production and Chinese buying boost Brazil’s crude tankerexports 19 “The…
China-US container leasing rates rise threefold, container demand recovery on the horizon
US consumer spending and retail sales remain stronger than expected;…
Intermodal Report Week 06 2024
Pls find below the Intermodal Report - Week 06 2024 Intermodal Report Week 06…
Allied Weekly Market Review Week 06
Pls find below the Allied - Weekly Market Review - Week 06 Allied - Weekly…
Titan Lithium to set up AED 5 Billion Lithium processing plant in KEZAD
The 290,000 sqm plant will process battery-grade Lithium for EV vehicles in…
Preparation is key as shipping enters the influence of EU ETS
The shipping sector has embarked on a new journey with the recent enforcement…
Arsenio Dominguez: Evolving IMO for future challenges
Incoming IMO Secretary-General Arsenio Dominguez speaks to ICS Leadership…
Shipping takes action on drug smuggling
Global drug activity has increased by an estimated 23% between…
Bulker was targeted by missiles in Bab al-Mandab – Ambrey, UKMTO
British maritime security firm Ambrey said on Monday that a Marshall…
CMA CGM receives an A- rating from the Carbon Disclosure Project for its decarbonisation efforts
The CMA CGM Group has been awarded the A- score by the Carbon Disclosure…
H2Global Foundation and JOGMEC join forces to advance Clean Hydrogen Initiatives
Te Japan Organization for Metals and Energy Security (JOGMEC) and the H2Global…
Breakbulk Middle East opens with massive industry participation
The in-person event received the support of leading industry players, and aims…
Green groups demand CII is included in EU ship inspection rules, ahead of final talks
Open letter to co-legislators by environmental groups emphasising the…
Flat quarter with higher dry-docking - Odfjell
Odfjell posted another solid report yesterday evening, however, knowing that…
Top US maritime strategist Robert Bryans joins CORE POWER in Washington
Robert Bryans,a senior US maritime strategist and systems engineering expert,…
DP World Marine Services launches new Colombia-Panama route as it expands Global Network
New service marks the 19th new shipping route launched by DP World Marine…
“K” LINE posts video to their official website explaining progress in implementing the medium-term management plan and the forecasts for fiscal 2023 as of the third quarter
Kawasaki Kisen Kaisha, has posted to their official website a video that…
xclusiv S&P Report 12th February 2024
Pls find below the [xclusiv] S&P Report 12th February 2024 [xclusiv]…
DNV creates European cyber security services powerhouse through merger with Nixu and Applied Risk
DNV, the global assurance and risk management provider, has created one of…
MENAS underlines its environmental commitment with launch of solar panel system
Middle East Navigation Aids Service has underscored its commitment to the…
ShipMoney celebrates 10 years supplying Digital Payment Solutions to the Maritime Industry
ShipMoney is celebrating 10 years providing digital payment solutions to the…
Asian LNG re-export trend continues to surpass Europe so far in 2024
Asian LNG re-exports have continued to outmatch reexports from Europe so far…
Dry Bulk Equity Index on the Rise by Drewry
In January, Drewry’s Dry Bulk Equity Index rose 2.1% due to the intensifying…
Grain ships diverted from Red Sea - Russia sets export taxes
More ships carrying grain were diverted from the Suez Canal to sail around the…
Shipyard working conditions and the Norwegian Transparency Act
Recent media reports have focused on allegedly poor working conditions at…
World Container Index Down 1% Last Week by Drewry
Drewry’s World Container Index dropped by 1% to $3,786 per 40ft container this…
Watson Farley & Williams advises GEFO Shipping Group on strategic order for 10 chemical tankers
Watson Farley & Williams (“WFW”) has advised GEFO Shipping Group on its…
Sustainable shipping project reduces emissions using behaviour change techniques on crew
Seafarers on board Ridgebury Tankers vessels consequently achieved significant…
SCZONE receives the Belgian ambassador in Cairo to discuss aspects of cooperation
Mr. Waleid Gamal El Dien, Chairman of the General Authority of the Suez Canal…
BIMCO starts work on contract for growing wind turbine market
BIMCO has established a subcommittee to work on a global standard contract for…
US, UK ship investors hit by soaring Red Sea insurance
War underwriters have raised the premiums they charge to U.S., British and…
VLCC Tankers market stronger last week
Clean LR2 LR’s in the MEG continued their downward trajectory this week. The…
Panama Canal does not plan transit restrictions at least until April
The Panama Canal sees no need for further vessel transit restrictions until at…
Baltic index hits four-week high as rates climb across vessel segments
The Baltic Exchange’s main sea freight index, tracking rates for ships…
Asia Fuel Oil-HSFO offering spree continues; trade muted ahead of holiday
Asia’s fuel oil market was largely quiet on Friday ahead of a holiday though a…
Americas Bunker Fuel Availability Outlook by ENGINE
North America Bunker demand has dropped this week in Houston and several other…
Port Houston Welcomes New Service ZIM Shipping Company’s Gulf Toucan calls Barbours Cut
Port Houston is excited to announce that ZIM Shipping Company’s new line, Gulf…
Red Sea tensions drive down WAF Suezmax rates, disrupt Persian Gulf trade flows
Disruption in the Red Sea has led to an influx of westward ballasters into the…
A significant drop in the number of steel and energy cargoes crossing Suez from the Far East to Mediterranean
The second week of February began with a rebound in the Baltic Capesize Index,…
VLGC rates rebound after hitting floor as shipowners hold ground
Very Large Gas Carrier rates on the key Persian Gulf-Japan route reached near…
Houthis say they fired at two ships in Red Sea, damaging both
Yemen’s Iran-aligned Houthis said on Tuesday they had fired missiles at two…
Somali pirates are back on the attack at a level not seen in years, adding to global shipping threats
Somali pirates are back on the attack, with piracy around the Horn of Africa…
More grain ships diverted from Red Sea due to Houthi attacks
More ships carrying grain were diverted from the Suez Canal to sailings around…
US coal ship departures rise 52% on week to 38 ships according to Platts cFlow
Weekly US coal ship departures increased 52% from the previous week to 38 coal…