Yearly Archives: 2023
Höegh LNG Publishes Interim Financial Results
Höegh LNG Holdings Ltd. reported its interim financial results for the quarter ended 30 September 2023, sources Hoegh LNG.
Strategic Partnership
The group reported a total...
Navigating Sustainable Seas: Indian Ship Registry’s New Biofuel Regulations
Recently, the Indian Ship Registry provided a merchant’s shipping notice with specific measures applied in utilizing biofuels or blends of biofuels aboard ships. It highlights...
UKSA Charts The Future Of Maritime Training
UKSA is enhancing training for its maritime students with the addition of a new state-of-the-art TRANSAS simulator suite, allowing students to perform training exercises...
30% Of Global Ports Unprepared For IMO’s Single Window Mandate
A recent survey conducted by Kale Logistics Solutions indicates that nearly one-third of global ports are not prepared for the International Maritime Organization's (IMO)...
India Mulls Over Outsourcing Mooring Services To Improve Port Charges For Carriers
In a significant policy modification that could spark labour pushback, the government of India is exploring a proposal to enable major port authorities to...
Korean Shipbuilders Record-Breaking Contracts For LNG & Ammonia Ship
The Korean shipbuilding industry continues its impressive performance with successive orders for cutting-edge vessels. HD Korea Shipbuilding & Offshore and Hanwha Ocean have recently...
Baltic Exchange Tanker Report : The USG MR’s Powered On Upwards This Week
LR2
LR’s in the MEG have been subject to some further testing down this week. The 75Kt MEG/Japan TC1 index lost another 11.39 points to...
Baltic Exchange Bulk Report : Improved Fixtures On C5
Capesize
The week commenced with a subdued market due to Singapore's Diwali holiday. However, the Pacific region saw a positive turn on Tuesday, marked by...
CMA CGM President Warns Of Turbulence In Shipping Industry
In a recent interview, Rodolphe Saade, the billionaire president of CMA CGM SA, the world's third-largest container line, has issued a cautionary note regarding...
PPA S.A. Sets Environmental Preparedness Standard
PPA S.A., a leading port management company, has once again showcased its commitment to environmental preparedness through a successful simulation exercise conducted at the...