News Updates

Waning vessel demand
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Waning vessel demand

The Baltic Exchange’s main sea freight index on Thursday posted its worst day since the start of this year on..

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Mixed outlook ahead
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Mixed outlook ahead

Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail..

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Improving Ship-Shore Communication Speeds
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Improving Ship-Shore Communication Speeds

In December 2022, NYK conducted a trial use of Starlink, a satellite communication service operated by Space Exploration Technologies Corp...

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Doubling Freight rates predicted
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Doubling Freight rates predicted

Inflation and increasing distances to transport oil arising from sanctions on Russian barrels could contribute to a doubling of freight..

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Building sustainable values for future generations
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Building sustainable values for future generations

Improving the quality of life and building sustainable values for future generations in shipping will be highlighted during this year’s..

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Blank sailings soar
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Blank sailings soar

In a stark display of the weak demand undermining the containerized ocean freight industry, the latest data from Xeneta reveals..

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Asia’s VLSFO premium rises
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Asia’s VLSFO premium rises

Asia’s very low sulphur fuel oil (VLSFO) market gained on Thursday after stocks at Singapore trading hub declined to a..

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Organisational ethics and employee behaviour
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Organisational ethics and employee behaviour

Ethics classically is defined as a set of moral principles that govern the behaviour of a person with respect to..

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Leading with Integrity
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Leading with Integrity

As individuals, we are imbibed to follow the morals, values and norms of the society that are passed on to..

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