News Flash

Venezuela’s oil exports rise to 9-month high as cargoes return to US

Venezuela’s oil exports rise to 9-month high as cargoes return to US

Venezuela’s oil exports surpassed 900,000 barrels per day in August, the highest level since November, after energy producer Chevron received a...
Read More
Kongsberg Maritime advances offshore installation methods with simplified mooring systems

Kongsberg Maritime advances offshore installation methods with simplified mooring systems

Kongsberg Maritime is pleased to announce the next phase in its commitment to advancing mooring of offshore floating structures through...
Read More
RightShip Welcomes Permira as Minority Shareholder to Accelerate Technology and AI-Led Growth

RightShip Welcomes Permira as Minority Shareholder to Accelerate Technology and AI-Led Growth

RightShip (the “Company”), a leading maritime digital platform for safety, sustainability, and supply chain due diligence, today announced a new...
Read More
Lloyd’s Register introduces new wind propulsion and ergonomics rules to support decarbonization and crew safety

Lloyd’s Register introduces new wind propulsion and ergonomics rules to support decarbonization and crew safety

Lloyd’s Register (LR) has announced an update to its Rules and Regulations for the Classification of Ships, introducing new technical...
Read More
Fujairah marine fuel premiums hold near year-highs on Sudan supply halt, sources say

Fujairah marine fuel premiums hold near year-highs on Sudan supply halt, sources say

Spot premiums for marine fuel at Fujairah, the world’s third-largest bunkering port, held near their highest levels this year, as...
Read More
Procureship and ReFlow partner to launch Scope 3 emissions tool to support structured climate reporting in maritime supply chains

Procureship and ReFlow partner to launch Scope 3 emissions tool to support structured climate reporting in maritime supply chains

Procureship, the maritime industry’s leading e-procurement platform provider, has partnered with Copenhagen-based climate data specialist ReFlow to launch a new...
Read More
US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say

US tells countries to reject UN ship fuel emissions deal or face tariffs, sources say

The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions...
Read More
Weak fundamentals and growing bearish sentiment after Arctic LNG 2 cargo docked in China

Weak fundamentals and growing bearish sentiment after Arctic LNG 2 cargo docked in China

European TTF front-month price outlook: Bearish as lower temperatures, strong renewable generation, and higher LNG imports are expected to outweigh the...
Read More
Second-hand container ship prices jump 17% YoY despite weaker freight rates

Second-hand container ship prices jump 17% YoY despite weaker freight rates

“Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the...
Read More
Dry Bulk Market: Each Ship Class is Telling a Different Story

Dry Bulk Market: Each Ship Class is Telling a Different Story

Depending on the ship type, the dry bulk shipping market tells a very different story so far this year. In...
Read More
Oaktree Capital Management Sells 14.45% of TORM to Hafnia Ltd.

Oaktree Capital Management Sells 14.45% of TORM to Hafnia Ltd.

TORM plc has today been informed of the announcement (the Announcement) by Hafnia Limited (“Hafnia”), confirming that Oaktree Capital Management,...
Read More
Russia’s natural gas and coal exports have been decreasing and shifting toward Asia

Russia’s natural gas and coal exports have been decreasing and shifting toward Asia

Since Russia’s full-scale invasion of Ukraine in February 2022, both Russia’s natural gas and coal exports have declined when compared...
Read More
Zelim Urges Adoption Of Advanced Situational Awareness Technology To Prevent Ship Collisions

Zelim Urges Adoption Of Advanced Situational Awareness Technology To Prevent Ship Collisions

Zelim, the Edinburgh-headquartered maritime safety and security innovator, is calling for the mandatory adoption of advanced situational awareness technology to...
Read More
Red Sea Incidents Prompt Renewed Focus on Duty of Care for Crews

Red Sea Incidents Prompt Renewed Focus on Duty of Care for Crews

Recent attacks in the Red Sea have prompted renewed calls for stronger leadership and greater care for the mental wellbeing...
Read More
Fairfield-Maxwell Ltd. Returns to Japanese Shipping Industry

Fairfield-Maxwell Ltd. Returns to Japanese Shipping Industry

Fairfield-Maxwell Ltd. (FML) today announced that it is returning to the shipping industry in Japan and opening a new office...
Read More
PMA And Classification Societies Review Regulations To Align Strategies With The Global Maritime Market

PMA And Classification Societies Review Regulations To Align Strategies With The Global Maritime Market

The Panama Maritime Authority (PMA), through the Directorate General of Merchant Marine (DGMM), held a roundtable with the International Association...
Read More
Rystad Energy publishes definitive study on marine LNG well-to-tank (WtT) emissions

Rystad Energy publishes definitive study on marine LNG well-to-tank (WtT) emissions

Independent research and energy intelligence firm Rystad Energy has published the results of a landmark study on the greenhouse gas (GHG) emissions...
Read More
New DNV report: Ammonia shows notable progress as maritime fuel, but barriers remain

New DNV report: Ammonia shows notable progress as maritime fuel, but barriers remain

DNV’s new report, Ammonia in Shipping: Tracing the Emergence of a New Fuel, addresses the key barriers to the uptake...
Read More
Ship Recycling Steady But Subdued

Ship Recycling Steady But Subdued

The ship recycling market is still looking for new direction and some momentum. In its latest weekly report, a leading...
Read More

China Shifts to South American Soy, U.S. Corn Rises to Japan

This week we take a closer look at the shifting grain flows of 2025, as U.S.–China trade tensions continue to...
Read More