News Flash
Stranded oil tankers finally reach S’pore after months stuck in Mid-East amid US-Iran tension
Two tankers carrying crude oil have arrived in Singapore after being stranded in the Middle East for months, pointing to...
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US-Iran war leaves shipping at near-standstill in Hormuz again
Echoing UN Secretary-General António Guterres’s alarm at the resumption of strikes and counterstrikes between the US and Iran, UN International...
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Oil flows through Strait of Hormuz rise but remain below pre-war levels
A recovery in world oil demand is underway, with consumption set to rise from its May nadir on seasonal trends...
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New Maritime Technologies Forum Guidelines to Strengthen Safety Management Systems for Ships Using Methanol as Fuel
The Maritime Technologies Forum (MTF) today announced the publication of new guidelines to support companies in developing new Safety Management...
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The Week in Alt Fuels: OCCS beyond pilots
Broader commercial deployment of onboard carbon capture and storage (OCCS) technology will depend on regulatory and infrastructure progress. Several shipowners...
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Shanghai climbs to second place in latest Xinhua-Baltic International Shipping Centre Index as Singapore retains top spot
Shanghai has officially become the world’s second-most prominent shipping hub, according to the 2026 rankings in the Xinhua-Baltic International Shipping...
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Weekly Tanker Market Monitor: Crude Tanker Orderbook Broke Its 2008 Record in 1H
With the United States and Iran breaking the ceasefire again this week, the freight market has reacted sharply, resuming its...
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Geopolitical fragmentation reshaping shipping
Geopolitical disruption, energy security concerns and the emergence of competing trade blocs are fundamentally altering the way shipping markets operate,...
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Tanker Market: West Africa Crude Oil Exports Nosediving in 2026
After a brief, as it turns out, reversal of fortunes, crude oil exports from West Africa have turned negative once...
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Baltic Dry Index Up for 2nd Day
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for the...
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Hapag-Lloyd uses shore power in the Port of Hamburg
Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use...
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First LCO₂ Carrier Registered under the Portuguese Flag
Bernhard Schulte recently registered its first Liquefied CO₂ (LCO₂) carrier under the Portuguese flag. The vessel is equipped with an...
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Reed Smith advises Venture Global on closing of $1.5 billion senior secured vessel financing facility
Global law firm Reed Smith has advised Venture Global Shipping Holdings, LLC (“VGSH”), a wholly-owned subsidiary of Venture Global, Inc....
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Japan, U.S. Seek K-Shipbuilding Collaboration
HD Hyundai Heavy Industries dispatched 97 employees to Kawasaki Heavy Industries in Japan in 1972 to learn shipbuilding technology while...
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Operating scrubbers in OSPAR waters: how the equation is shifting for ferry fleets
Color Line chose to upgrade its vessels to hybrid exhaust gas cleaning systems not just because the technology was promising,...
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Strait of Hormuz: IMO Secretary-General updates IMO Council on evacuation plan, insurance costs and impacts on seafarers
IMO Secretary-General Arsenio Dominguez delivered the following statement to the IMO Council (8 July) to update members on the situation...
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Maritime piracy incidents fall to lowest since 1992, but risk remains
Maritime piracy and armed robbery incidents fell to their lowest level since 1992 in the first half of 2026, according...
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Asia’s HSFO cash differentials fall to lowest since Dec 2025 on increasing supply
Asia’s high sulfur fuel oil cash differentials declined July 7 to their widest discounts so far in 2026, weighed by...
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Baltic Dry Index Up to 1-Month High
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, rose about 1.4% to...
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South American grain demand drives rise in Atlantic Panamax rates
The Atlantic Panamax market defied expectations in the second quarter of 2026, as it showcased its volatility and resilience, tightening,...
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