News Flash
One in ten inspected cargo units found with safety deficiencies
More than one in ten cargo transport units inspected during 2025 had safety deficiencies, according to data published by the...
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LNG bunker price rally amplifies freight gains for LNG-fuelled clean tankers
Rising LNG bunker prices pushed LNG-fueled clean tanker freight rates above conventional rates Sept. 7-11, highlighting the bunker-price sensitivity that...
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ABS Joins Korean Initiative to Advance Standards for Next-Generation Ships and Shipyards
ABS has signed a memorandum of understanding (MOU) with three Korean maritime organizations to advance the development of international standards...
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Wirana urges action on ship recycling yard authorisation delays in India
Rakesh Khetan, CEO of Wirana Shipping, has urged for swift action by designated Comptetent Authorities in India to resolve difficulties...
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Mental Health Support Solutions calls for mandatory mental-health training for senior officers to help reduce suicide risk
Mental Health Support Solutions (MHSS), part of OneCare Group, is calling on shipping companies to prioritise mental health and suicide...
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Lloyd’s Register, HHI and KSOE to advance hybrid electric LNG carrier design
Lloyd’s Register (LR) has joined forces with HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI)...
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DNV and HD KSOE to collaborate on assurance frameworks for Software Defined Vessel technologies
DNV and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) have signed a Memorandum of Understanding (MOU) to explore strategic...
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BGN and IINO Lines, Japan, Strengthen Strategic Partnership in LPG Shipping
On September 14th 2026, BGN signed a partnership with IINO KAISHA LTD, Tokyo (IINO Lines) for the time charter of...
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Can Iran replace sea trade with land routes?
Can land corridors offset the impact of the maritime blockade on Iran? The US-led maritime blockade targeting Iranian ports has...
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LNG Bunker Snapshot: ARA price soars as European gas supply risks mount
ARA up by $178/mt to $1,607/mt Singapore up by $48/mt to $1,537/mt Baltics up by $179/mt to $1,713/mt ARA Rotterdam’s...
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Russia shifts to Hong Kong tankers as Greek operators exit Black Sea
Russia turned to non-G7 tankers for seaborne crude sales to foreign buyers in August, especially those operated by Hong Kong...
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Baltic Dry Index Falls for 3rd Session
The Baltic dry index fell 1.8% to 3445 on Monday, extending losses for the third session to its lowest level...
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Baltic dry bulk freight index falls to lowest in over a week
The Baltic Exchange’s dry bulk freight index dropped on Friday, reaching its lowest point since September 3 as weaker rates...
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Fresh momentum for Net-Zero Framework gains
The International Maritime Organisation’s 22nd Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 22) closed in London...
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Tanker Market: Rates on the Rise During August
The tanker market rose during August, OPEC said in its latest monthly report. Dirty tanker spot freight rates were stronger...
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Virgin Islands Maritime Administration Puts a Senior Contact at the Centre of World Shipping
The Virgin Islands Shipping and Maritime Authority (VISMA) has appointed Georgios Bazos as its first Business Development Manager. The appointment...
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IEA: Intensifying diesel squeeze reflects disruptions to oil product supplies
World oil demand is forecast to decline by 2.5 mb/d in 2026, 940 kb/d steeper than in last month’s Report,...
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Coal Hovers at 3-Month High
Coal prices rose above $145 a ton, hovering near a three-month high, as the International Energy Agency warned that global...
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ABB and Oceanly collaborate on integrated vessel optimization
Oceanly, a maritime technology company providing vessel performance, data management and fleet optimization solutions and ABB, a global technology leader...
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Fujairah fuel oil inventories hit highest level since March
Fujairah’s fuel oil stocks have averaged 43% higher in the first week of September than across August, Fujairah Oil Industry...
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Recent News
One in ten inspected cargo units found with safety deficiencies
LNG bunker price rally amplifies freight gains for LNG-fuelled clean tankers
ABS Joins Korean Initiative to Advance Standards for Next-Generation Ships and Shipyards
Wirana urges action on ship recycling yard authorisation delays in India
Mental Health Support Solutions calls for mandatory mental-health training for senior officers to help reduce suicide risk