News Flash

World Steel Association: December 2025 crude steel production Down 0.3%

World Steel Association: December 2025 crude steel production Down 0.3%

Crude steel production by region Africa produced 1.9 Mt in December 2025, down 0.3% on December 2024. Asia and Oceania...
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Suez Canal Bank joins Partnership for Carbon Accounting Financials

Suez Canal Bank joins Partnership for Carbon Accounting Financials

Suez Canal Bank has officially joined the Partnership for Carbon Accounting Financials (PCAF), a global initiative comprising more than 700...
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Shipbuilder develops generators for remote operations

Shipbuilder develops generators for remote operations

Engineers at China State Shipbuilding Corporation, the world’s largest shipbuilder, have used their expertise in ship propulsion systems to develop...
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Chemship places repeat order with Econowind for VentoFoils on two more vessels

Chemship places repeat order with Econowind for VentoFoils on two more vessels

Chemical tanker operator Chemship has returned to Dutch wind propulsion specialist Econowind for the installation of VentoFoils on two additional...
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bound4blue completes first eSAIL® installation under Maersk Tankers agreement

bound4blue completes first eSAIL® installation under Maersk Tankers agreement

bound4blue and Maersk Tankers have reached a major milestone in their collaboration with the installation of eSAIL® units on board...
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Captain of suspected Russian shadow tanker in French custody

Captain of suspected Russian shadow tanker in French custody

French officials have taken the Indian captain of a suspected Russian shadow fleet tanker into custody days after the oil...
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Korea’s renewed shipbuilding boom reignites grievances over subcontractor bonuses

Korea’s renewed shipbuilding boom reignites grievances over subcontractor bonuses

As profits return to Korea’s shipyards after years of stagnation, so has an old fault line. A dispute over performance...
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Weathernews warns shipping industry that rising operational volatility is undermining efficiency gains

Weathernews warns shipping industry that rising operational volatility is undermining efficiency gains

Weathernews Inc. has issued a stark warning to the global shipping industry, noting that the major strides made in vessel...
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Piracy will continue to affect seafarers if we do not start taking action, warns Mental Health Support Solutions

Piracy will continue to affect seafarers if we do not start taking action, warns Mental Health Support Solutions

Seafarers continue to face serious mental health challenges following encounters with maritime piracy, according to Mental Health Support Solutions (MHSS),...
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Baltic Dry Index Edges Higher

Baltic Dry Index Edges Higher

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was up for a second session...
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SDHI Wins India’s First Chemical Tanker Order; One of the Largest Commercial Shipbuilding Deals for the Nation

SDHI Wins India’s First Chemical Tanker Order; One of the Largest Commercial Shipbuilding Deals for the Nation

Marking a major milestone in India’s commercial shipbuilding ambitions, Swan Defence and Heavy Industries Limited (SDHI) announced the signing of...
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Significant improvement in the Canal’s traffic statistics during the first half of the financial year 2025/2026

Significant improvement in the Canal’s traffic statistics during the first half of the financial year 2025/2026

Adm. Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority, held a broad meeting with representatives of 20...
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Hana Bank, HD Hyundai, K-Sure launch W400b financing program for shipbuilding SMEs

Hana Bank, HD Hyundai, K-Sure launch W400b financing program for shipbuilding SMEs

Hana Bank said Friday that it has signed a strategic partnership with HD Hyundai Heavy Industries and the Korea Trade...
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Kongsberg Maritime formally on its way to becoming a stand-alone company

Kongsberg Maritime formally on its way to becoming a stand-alone company

At an extraordinary general meeting of Kongsberg Gruppen on Thursday afternoon, the separation of Kongsberg Maritime was formally approved by...
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Deutsche Bank’s Top Maritime Shipping Stocks Amid Geopolitical Disruptions

Deutsche Bank’s Top Maritime Shipping Stocks Amid Geopolitical Disruptions

Deutsche Bank named top maritime shipping stocks, well-positioned to benefit from ongoing geopolitical disruptions that continue to impact global trade...
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Maintaining an effective bridge watch while at anchor

Maintaining an effective bridge watch while at anchor

This circular provides an overview of the standards, regulatory framework, and professional expectations associated with maintaining an effective bridge watch...
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Maritime Decarbonisation: Five questions for 2025 gift wrapped – owners and charterers

Maritime Decarbonisation: Five questions for 2025 gift wrapped – owners and charterers

Through 2025 fast-paced regulatory, technological and contractual change continued to drive maritime decarbonisation, with numerous fresh challenges emerging day-to-day. To...
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2026 State Of The Port Of Los Angeles: Building Bigger, Smarter, Sustainably

2026 State Of The Port Of Los Angeles: Building Bigger, Smarter, Sustainably

A record crowd of more than 900 industry and community representatives gathered for the 11th annual State of the Port,...
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OFAC targets shadow fleet vessels and facilitators supporting Iranian oil exports

OFAC targets shadow fleet vessels and facilitators supporting Iranian oil exports

Friday, amidst the Iranian regime’s brutal crackdown on peaceful protestors and its complete shutdown of internet access to conceal its...
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Baltic Dry Index Ticks Up, Books Weekly Gain

Baltic Dry Index Ticks Up, Books Weekly Gain

The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, edged up 0.1% to 1,762 points...
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