News Flash | Sea and Job

Hi-5 spread widens as VLSFO extends rebound

Asia’s hi-5 fuel oil spread widened for a second consecutive session, as the very low sulphur fuel oil (VLSFO) market continued to extend its recovery. The front-month hi-5, which reflects VLSFO’s premium over 380-cst high sulphur fuel oil (HSFO), closed at $77.50 a...

ABS Chairman and CEO Urges IMO to Pause and Rethink the Net Zero Framework

“Shipping and the IMO are on different trajectories. There is no clear pathway for green fuel availability and scalability and infrastructure support. LNG and biofuels are mission critical to any success and should not be overlooked, over penalized or discarded in the...

Newbuilding Orders On the Rise

Newbuilding ordering activity rose last week, with more owners contracting vessels. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector, Greek company Danaos Shipping placed an order of 2 x 7,500 teu carriers to China’s Dalian...

Recovery in China’s LPG imports: Can the rebound fuel robust growth in 2H25?

China’s LPG market has been on a rollercoaster ride this year, caught between tariff wars, volatile petchem margins and shifting supply patterns. Following the lows in June, the country’s LPG imports began to recover in July owing to robust feedstock demand from PDH...

2030 Shipping Goal At Risk Despite Historic Progress Made By IMO: New Report

The shipping sector is still off track to meet its climate target of having at least 5-10% of the fuel used in international shipping come from scalable zero-emission sources by 2030, according to a new progress report. The fourth annual report of its kind, Progress...

Chinese shipyards win Korean orders, threaten South Korea small-shipyards

Dongjin Shipping, a mid-sized Korean shipping company, has commissioned the construction of new ships to a Chinese shipyard for the first time since its founding in 1984. China is actively pursuing orders for small and midsize merchant ships and offers prices that are...

Hi-5 spread widens as VLSFO extends rebound

ABS Chairman and CEO Urges IMO to Pause and Rethink the Net Zero Framework

Newbuilding Orders On the Rise

Recovery in China’s LPG imports: Can the rebound fuel robust growth in 2H25?

2030 Shipping Goal At Risk Despite Historic Progress Made By IMO: New Report

Chinese shipyards win Korean orders, threaten South Korea small-shipyards

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