Readout from UCL Shipping and Oceans Research group shows IMO’s 84th session of the Marine Environment Protection Committee (MEPC) has concluded with the NZF agreed in principle in April 2025 now seeing the pendulum swing back to support it, after the events at...

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Clean LR2 The TC1 75kt MEG/Japan index remained level in the mid WS550’s this week. A voyage west also saw the TC20 90kt MEG/UK-Continent index rose a little more to $10.92 million (+ $96,000). The TC15 80kt Mediterranean/East index dropped by another $160,000 to...

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The U.S. Department of Transportation’s Maritime Administration has awarded a $59.6m grant to the Port Authority of Guam to expand cargo-handling capacity at the island’s main seaport, according to the U.S. Department of Transportation. The funding is directed at...

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BIMCO’s Documentary Committee has adopted a new time charter party which has been developed specifically for the maritime transport of liquefied carbon dioxide (LCO₂). The form, CO2TIME 2026, responds to the rapid development of carbon capture, utilisation and storage...

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