News Flash | Sea and Job

Tankers: VLCC Market Keeps Grinding Higher

Clean LR2 The TC1 75kt MEG/Japan index continued to move up this week by 48 points to WS499. A voyage west rose in value again over this week with the TC20 90kt MEG/UK-Continent index going from $8.80 million to $9.44 million. In Europe the TC15 80kt...

Selective Enforcement: Saudi Crude Keeps Moving Under the Houthi Blockade

On July 20, Houthi-aligned forces announced a full naval blockade of Saudi Arabia, framed as retaliation for Saudi strikes on Sanaa airport. The declaration named Saudi, Israeli, and U.S.-linked tonnage as targets. Within days, Houthi channels claimed strikes on two...

Asia-US container rates to West Coast fall, mixed to East Coast; tanker rates soften

Spot rates for shipping containers from east Asia and China fell to the West Coast and rates to the East Coast were mixed, while spot liquid tanker rates fell again this week. CONTAINER RATES Rates to the West Coast were lower this week and are now between...

Enclosed space safety needs more than revised training content, warns MarinePALS

The maritime industry must look beyond revised training content and additional onboard checks if it is serious about stopping enclosed space deaths at sea, according to leading maritime training provider MarinePALS. The warning follows the IMO’s revised MSC circular...

The Week in Alt Fuels: EU omits e-fuel earmarking

The EU’s revised ETS could reserve 110 million allowances to reduce green bunker fuel price premiums from 2028-2040. But the absence of dedicated e-fuel earmarking raises some concerns. The European Commission has proposed amendments and additions to the current EU...

Korea-U.S. Shipbuilding Partnership Center opens as Korean firms step up joint projects

Korea’s three major shipbuilders are expanding partnerships with U.S. companies as they pursue opportunities under U.S. President Donald Trump’s Make American Shipbuilding Great Again initiative (MASGA). HD Hyundai Heavy Industries, Hanwha Ocean and Samsung Heavy...

Tankers: VLCC Market Keeps Grinding Higher

Selective Enforcement: Saudi Crude Keeps Moving Under the Houthi Blockade

Asia-US container rates to West Coast fall, mixed to East Coast; tanker rates soften

Enclosed space safety needs more than revised training content, warns MarinePALS

The Week in Alt Fuels: EU omits e-fuel earmarking

Korea-U.S. Shipbuilding Partnership Center opens as Korean firms step up joint projects

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