News Flash
Lloyd’s Register grants approval for GIT Coatings’ next generation graphene-based hull coating
The approval supports the development of technologies designed to improve vessel efficiency and support more sustainable hull management practices. Lloyd’s...
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US weighing Jones Act suspension to ease energy prices amid Iran war
The US government is weighing a waiver of the Jones Act, a White House spokesperson confirmed on March 12. In...
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The Week in Alt Fuels: Fuel reckoning
A war-driven oil shock has once again exposed shipping’s vulnerability to fossil fuel dependence and reinforced the need to shift...
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Liberian Registry to Introduce Electronic Seafarer Documents
The Liberian Registry, the world’s largest ship registry, will soon introduce electronic seafarer documents as part of its commitment to...
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Yanbu VLCC liftings broaden as freight premiums surge
In March, Saudi Aramco began diverting crude exports to Yanbu as the East-West pipeline approaches full operating capacity (7mbd, industry...
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Dynagas LNG Partners LP Reports 2025 Net Income of $61.6 Million
Dynagas LNG Partners LP, an owner of Liquefied Natural Gas (“LNG”) carriers, Friday announced its results for the three and...
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Hormuz oil flows down 97% from normal levels, Goldman Sachs says
Oil flows through the Strait of Hormuz have collapsed amid the escalating Middle East conflict, with shipments now running far...
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LNGC loadings down in Qatar post force majeure, as the conflict continues
Drewry AIS shows Qatar loaded only 7 LNGCs in week 10 (ending 6 March) due to heightened tensions in the...
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Baltic Dry Index Rises Further, Posts Weekly Gain
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for a third session on...
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Strait of Hormuz update: VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow
Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the...
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DP World Reports Record $24.4 Bn Revenue And $6.4bn EBITDA For 2025
DP World today announced record financial results for 2025, with revenue up 22% to $24.4 billion, and adjusted EBITDA up...
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Drone attack disrupts Salalah port operations
Port operations and bunkering at the Omani port of Salalah were suspended after a drone attack struck the port yesterday....
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MacGregor launches revolutionary Balanced Lashing System to redefine container shipping safety and capacity
MacGregor has launched its new Balanced Lashing System, a reliable solution designed to solve the long-standing industry challenge of uneven...
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Wallenius Wilhelmsen renews shipping contract with an estimated value of around USD 190m
Wallenius Wilhelmsen renews contract with a global automotive distributor with an estimated net freight value of around USD 190m during...
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Hapag-Lloyd container ship struck near UAE’s Jebel Ali port
A container ship operated by German shipping company Hapag-Lloyd was struck near the Jebel Ali port in the United Arab...
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BlueBox Systems launches “Tradelane Intelligence”: Data analytics for optimized freight decisions
BlueBox Systems, a leading provider of airfreight visibility solutions, is expanding its service portfolio with Tradelane Intelligence, a data analytics...
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XOCEAN’s X-30 achieves ROUV certification under the UK Workboat Code Edition 3
The certification marks one of the first of its kind for an operational platform. Lloyd’s Register (LR) has certified XOCEAN’s...
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Seanergy Maritime Announces the Acquisition of Two Japanese Capesize Newbuildings and Sale of Older Vessel; Provides Corporate Updates
Seanergy Maritime Holdings Corp. announced today that it has agreed to acquire two scrubber-fitted 181,500 dwt Capesize vessels to be...
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U.S. trade balance shows improvement, boosts economic optimism
The United States’ trade balance has shown a marked improvement, according to the latest economic data. The trade balance, which...
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INTERCARGO Urges Vigilance and Reaffirms Priority on Seafarer Safety as Security Risks Escalate in Middle East Gulf and Strait of Hormuz
The International Association of Dry Cargo Shipowners (INTERCARGO) has expressed deep concern over the rapidly evolving security situation in the...
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