News Flash

A simple but powerful secret – how to choose marine engines the smart way

When selecting an engine for your newbuild vessel, the options can quickly become overwhelming. Each manufacturer presents claims and data...
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Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal

Maritime security officials said, on Thursday, they were expecting Yemen’s Houthi fighters to announce a halt in attacks on ships...
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SHIPPING: Asia-US container rates fall as carriers seek to boost demand during LNY lull

Rates for shipping containers from east Asia and China to the US edged lower this week as carriers have reduced...
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Singapore bio-bunkers sales break new milestone; bunker-only calls at 8-year high

Singapore’s annual bio-bunker sales continued to rise in 2024, following a steep growth trajectory and reaching a new record high...
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Global tanker freight to strengthen in 2025 on sanctions, offset by new ships

Global tankers’ freight is expected to be mostly higher in 2025 due to US sanctions and geopolitical disruptions, despite a...
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Savannah gets India cargo to market up to eight days faster

The Port of Savannah is up to eight days faster for India cargo moving to inland markets such as Atlanta,...
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HD Hyundai Samho Reports Record Operating Profit of 723.6 Bil. Won in 2024

HD Hyundai Samho, a subsidiary of HD Hyundai’s shipbuilding division, has reported a remarkable operating profit of 723.6 billion won...
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MOL, NODE Form Capital Tie-up to Expand Foreign HR Initiatives- Stepping up Japanese Companies’ Hiring of Foreign Employees

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the formation of a capital alliance with NODE...
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World Shipping Council: Shipping Carriers Move to Prevent Deadly Charcoal Fires

The shipping industry is taking proactive steps to implement improved safety measures for transporting charcoal, ahead of mandatory IMO regulations...
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USTR finds China’s shipbuilding dominance hurts US, is actionable

The U.S. Trade Representative’s office said it has found China’s targeted dominance of the global shipbuilding, maritime and logistics sectors...
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Improved safety recommendations for entering enclosed spaces onboard ships The truth is in the numbers

Few aspects of occupational safety onboard ships have received more attention than the importance of following proper procedures when entering...
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Businesses worldwide hurry to ship goods to the US

The crisis in the Red Sea has led to an extra 35.7 million tonnes of CO2 emitted in the past...
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DNV launches class notations to provide framework for safe development of autonomous shipping technologies

DNV has launched a new family of class notations, Autonomous and Remotely Operated Ships (AROS), providing a framework for how...
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HSFO 380-cst premium closes at over one-month high

Cash premium for 380-cst high sulphur fuel oil (HSFO) closed at its highest in more than a month on Friday,...
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Baltic index logs second straight weekly fall on weak rates across segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week...
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Daphne Technology and Williams Secure DOE Grant to Advance Methane Emission Reduction Technology

Daphne Technology, in partnership with Williams, is pleased to announce the award of a grant worth nearly $6M from the...
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Russia’s oil exports fell in 2024, but revenue rose $3.8 billion, IEA says

Russia’s crude oil and oil products exports fell 350,000 barrels per day last year, though revenue from its exports rose...
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Shandong ports likely to start discharging sanctioned ships amid exemption

The Longkou port in China’s Shandong province has discharged Russian crude barrels from a sanctioned ship, which was with an...
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Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire

Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope...
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MARTECMA: “Strength lies in unity” for the Marine Technical Managers Association

In the midst of rapid changes in the regulatory framework, a multitude of technical challenges and ongoing technological developments, the...
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