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Norwegian Maritime Authority published a Marine Notice, to inform about the new sales requirement for advanced biofuels for the marine industry which came into force on 1 October 2023. This …
After the strained capacity the industry experienced in the previous freight cycle, for shippers, the current stability offers a time to reflect. But they shouldn’t get too comfortable. Looking ahead
The collision in December 2021 between Denmark-flagged motor hopper Karin Høj (IMO 8685844) and UK-flagged Scot Carrier (IMO 9841782), between Denmark and Sweden, which resulted in the motor hopper fl
The ship recycling market is still facing complications. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as India celebrates the ‘Chandrayaan-3’ mission to the Moon, making s
Retail diesel prices as measured by the benchmark used for most fuel surcharges surged again this past week even as the futures price has taken a two-day breather. The Department …
The Netherlands Coastguard is still battling to quell a deadly vessel fire more than 24 hours on from the fire’s outbreak on board Shoei Kisen-owned car carrier Fremantle Highway. The …
The ship recycling activity has been slow so far, with minimal transactions. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “market conditions are rather sluggish this week …
Amerijet International on Wednesday terminated more than a dozen employees because of sharply lower revenues associated with a prolonged slump in global air cargo demand that is beginning to materiall
2023 June 15 18:03 Cosco Shipping Logistics aprovides innovative shipping solutions for oversize freight transportation Over the past few years, COSCO SHIPPING Logistics and Supply Chain Management,
Dryad Global published its Annual Report 2022/2023, which demonstrates that war risk, illegal territorial expansion, cyber crime and global health issues all significantly challenged the maritime indu
By Sam Dagher (Bloomberg) –The US is trying to convince Middle East allies to add dozens more robot vessels around the Arabian Peninsula to better detect threats from countries like …
(Bloomberg) –China held a second day of military drills around Taiwan, with multiple exercises involving aircraft and ships, after the island’s president, Tsai Ing-wen, returned from a visit to the …
Norwegian Hull Club has announced a proposed 7.5 % return on premium. Its Annual Report 2022 was published on Friday March 31st. The return premium amounts to $13.6m. Before return …
By Hyonhee Shin and Daewoung Kim SEOUL/BUSAN, March 28 (Reuters) – North Korea unveiled new, smaller nuclear warheads and vowed to produce more weapons-grade nuclear material to expand its arsenal, …
US gas price volatility likely to continue New York, 28 March (Argus) — The past 18 months have been a wild ride for natural gas prices, as well as for …
Shipment data captured by payment services provider Cass Information Systems was only off modestly in February while freight costs plummeted on a tough comp. The Cass Freight Index registered a …
Bellingham, Wash. shipbuilder All American Marine (AAM) announced it has delivered a new research and hydrographic survey vessel for NV5-Geodynamics. The vessel was sea-trialed on Bellingham Bay, prio
U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday to announce a way forward for Australia to receive nuclear-powered submarines in Canberra's biggest-ever …
Turkey rebuild uncertainty fuels scrap speculation Pittsburgh, 28 February (Argus) — The volume of rebar required for post-earthquake reconstruction activities in Turkey remains largely unknown, but
South Korea to cut import dependence in key metals plan Singapore, 28 February (Argus) — South Korea has announced its strategy to stabilise domestic supply of key metals by reducing …
