News Flash
Hapag-Lloyd supports publishing eBLs via Galileo for faster, cheaper, safer exchange of trade documents based on DCSA standards
Hapag-Lloyd, one of the top five global container shipping lines, has partnered with WiseTech Global, to publish Electronic Bills of...
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WinGD Achieves next Ammonia Milestone with First X72DF-A Engine Approval
Swiss marine power company WinGD has achieved another critical milestone on the path to low-carbon shipping using ammonia as a...
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Biofuel Bunker Snapshot: Conventional VLSFO price drops weigh on B30 prices
Europe Rotterdam’s B30-VLSFO (POMEME) price has dropped $85/mt in the past week. The Dutch port’s conventional VLSFO price has fallen...
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The US and Iran have agreed a deal. How soon could things go back to normal?
More than three months after the US and Israel first began their war with Iran, the White House and the...
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Shipowners may have window to sell harder-to-place vessels as recycling supply tightens
Shipowners with older or harder-to-place vessels may have a stronger opportunity to test the recycling market over the coming months,...
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Comments from BIMCO regarding a reported deal between the US and Iran
BIMCO’s executives issued the following comments, after the reported deal between the US and Iran. From Jakob Larsen, Chief Safety...
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Capital Tankers Corp. Announces The Acquisition Of Three Scrubber-Fitted Vlcc Newbuildings With 2027 Deliveries
Capital Tankers Corp., an international shipping company focused on crude oil transportation, today announced the acquisition from Capital Maritime &...
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IMO Secretary-General welcomes US-Iran agreement
The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez welcomes with great satisfaction the peace agreement reached between...
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Hormuz Traffic Near Zero as Dark Exports Continue
The Strait of Hormuz remained under acute operational pressure between June 11 and June 14. AIS-visible commercial traffic stayed near...
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Baltic Dry Index Falls to Over 6-Week Low
The Baltic Exchange dry bulk freight index decreased 0.3% to 2720 on Monday, the lowest since April 30. The capesize...
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Flexibility wins: Orders shifting from Aframax to coated Aframax
The tanker market’s growing uncertainty is changing the ordering patterns in the 80–120,000 dwt segment, known as the Aframax in...
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Why the real oil shock may only begin when China returns
The oil market has so far avoided a full-blown supply shock through inventory drawdowns, rerouted Middle Eastern flows, higher WoS...
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India’s crude oil imports rise 3% in April from prior month
India’s crude oil imports increased by more than 3% from March to April, reaching 20.08 million metric tons, according to...
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Russian seaborne crude exports show little signs of slowing
Russia’s total seaborne oil exports set another seasonal minimum in May, arriving at 5.74mbd, 160kbd lower than a year ago....
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China kicks off mega LNG vessel build, cementing high-end shipbuilding edge
Construction has commenced on an ultra-large liquefied natural gas (LNG) carrier with a capacity of 271,000 cubic meters, underscoring China’s...
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France rolls out funding support for shipping decarbonization
New French funding programme targets ship retrofits, low-emission newbuilds and port infrastructure across France. France government’s Agency for the Environment...
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UECC says decade-old LNG bet positions fleet ahead of FuelEU
The share of bio-LNG in the carrier’s LNG consumption has more than doubled over the past year to 71%, improving...
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Rubio defends Hormuz blockade after India protests deaths of sailors
U.S. Secretary of State Marco Rubio defended Washington’s actions in the Strait of Hormuz after India protested U.S. strikes that...
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Fuel Quality Management for Vessels in Extended Idle: Arabian Gulf, Gulf of Oman & Adjacent Anchorages
The Current Situation Since the closure of the Strait of Hormuz to most commercial shipping in late February 2026, an...
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Hormuz Traffic Falls as Military Pressure Intensifies
The Strait of Hormuz remains operational, but increasingly constrained. While Iranian officials continue to characterize the Strait as closed, recent...
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