South Korea secured the most global shipbuilding orders in March, surpassing China to take the top spot. According to U.K.-based Clarkson Research on April 4, South Korea received 820,000 CGT (55%) of the global total of 1.5 million CGT (58 ships) in orders last...

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A lot has happened over the past week. We’ve seen a US-Houthi ceasefire deal re-spark the debate around safe access to the Red Sea. A UK-US trade deal has been struck – the first of its kind since the ‘Liberation Day’ tariffs. And, perhaps most significantly for...

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Crude oil imports from China have been lower during the first four months of the year. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went up by a modest +0.4% y-o-y to 2194.6 mln tonnes, excluding all...

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U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row, bringing the count to the lowest since November, 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig...

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The Government gazetted Friday (May 23) nine amendment regulations to amend relevant regulations under the Merchant Shipping (Safety) Ordinance (Cap. 369), the Merchant Shipping (Prevention and Control of Pollution) Ordinance (Cap. 413), and the Merchant Shipping...

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Survitec, a global leader in critical Survival Technology solutions, is calling on shipowners, ship managers, and shipyards to prepare for a significant change to international fire protection regulations. From 1st January 2026, fixed water monitors will be required...

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