News Flash

“K” Line RoRo Bulk Ship Management Selects Cobham Satcom to Equip more than 100 Vessels

“K” Line RoRo Bulk Ship Management Selects Cobham Satcom to Equip more than 100 Vessels

Cobham Satcom, a global leader in satellite communications technology, has been selected to supply next-generation satcom antenna systems for more...
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Ukrainian drone attack sets oil tanker, Tuapse port infrastructure ablaze, Russia says

Ukrainian drone attack sets oil tanker, Tuapse port infrastructure ablaze, Russia says

An oil tanker and port facilities in the Russian Black Sea port of Tuapse were damaged and set ablaze overnight...
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Korean shipbuilding gains momentum at APEC

Korean shipbuilding gains momentum at APEC

This year’s Asia-Pacific Economic Cooperation (APEC) was a successful global negotiation table for Korean shipbuilders, as companies signed multiple partnerships...
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VLSFO crack recovers to over three-week high

VLSFO crack recovers to over three-week high

Asia’s very low sulphur fuel oil (VLSFO) crack reached its highest in more than three weeks, data showed on Monday....
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One in four maritime suppliers showing cyber red flags as shipowners boost due diligence requirements

One in four maritime suppliers showing cyber red flags as shipowners boost due diligence requirements

More than a quarter of maritime parts and service suppliers have been identified as having high or very-high cyber vulnerabilities,...
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Global partnership launches International Maritime Future Technologies Innovation Centre

Global partnership launches International Maritime Future Technologies Innovation Centre

The new centre will focus on developing and testing zero-carbon and intelligent-ship technologies, building on joint research into fleet decarbonisation...
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IBIA partners with INTERCARGO to strengthen collaboration on decarbonisation, safety, and marine fuels

IBIA partners with INTERCARGO to strengthen collaboration on decarbonisation, safety, and marine fuels

IBIA – The International Bunker Industry Association and the International Association of Dry Cargo Shipowners (INTERCARGO) have entered into a...
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Baltic Index Hits Over Three-Week Low As Vessel Rates Weaken Across Segments

Baltic Index Hits Over Three-Week Low As Vessel Rates Weaken Across Segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell to a more...
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Asia-US container rates rise week on week but still face downward pressure

Asia-US container rates rise week on week but still face downward pressure

Prices for shipping containers from Asia to the US rose this week as carriers have successfully pushed through mid-October increases,...
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HFW strengthens Greek shipping practice with Partner and Master Mariner hire

HFW strengthens Greek shipping practice with Partner and Master Mariner hire

Global, sector-focused law firm has strengthened its market-leading shipping practice with the hire of Partner and Master Mariner Stephen Angove....
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China: Amended law to boost maritime sector

China: Amended law to boost maritime sector

The newly amended Maritime Law will help advance the high-quality development of China’s shipping and trade sector, strengthen marine environmental...
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Decisive Leadership Key to Success in a Maritime 5.0 World Says ABS Chairman and CEO

Decisive Leadership Key to Success in a Maritime 5.0 World Says ABS Chairman and CEO

Shipping has entered a Maritime 5.0 world defined by rapid change, artificial intelligence, advanced fuels, and digital ecosystems, where decisive...
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Gender equality and decarbonization highlighted by IMO at WISTA International Conference

Gender equality and decarbonization highlighted by IMO at WISTA International Conference

IMO participated in the WISTA International Annual General Meeting and Conference held in Barcelona, Spain (20-24 October), under the theme...
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Korean shipbuilders shift to container ships, pushing down profit margins

Korean shipbuilders shift to container ships, pushing down profit margins

Major domestic shipbuilders have recently won a string of orders for large container carriers. Domestic shipbuilders had focused their orders...
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Refit to rebuild: A blueprint to help boost US commercial shipbuilding competitiveness

Refit to rebuild: A blueprint to help boost US commercial shipbuilding competitiveness

The picture is hard to ignore: In 2024, US commercial shipbuilding represented just 0.1% of global shipbuilding output. That same...
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Shipping climate plan delay could sink clean fuel projects

Shipping climate plan delay could sink clean fuel projects

As the Trump administration dismantles climate action at home, it has demonstrated that it’s also prepared to try to derail...
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The IMO’s Net Zero Framework has been delayed, but for Vessels under FuelEU & ETS, the Challenge is Now

The IMO’s Net Zero Framework has been delayed, but for Vessels under FuelEU & ETS, the Challenge is Now

The decision made during the MEPC meeting in October 2025 to delay the IMO’s Net Zero Framework, by one year,...
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Shipowners’ Rejoice? Port Fees Postponed

Shipowners’ Rejoice? Port Fees Postponed

The latest round of US-China tensions seems to be over, with what appears to be another “good deal”, thus ending...
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Drewry: World Container Index Up 4% Last Week

Drewry: World Container Index Up 4% Last Week

Drewry’s World Container Index increased 4% to $1,822 per 40ft container this week. Our detailed assessment for Thursday, 30 Oct...
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US-China trade truce will not revive weakening ocean container shipping market with freight rates still expected to fall in 2026

The US and China reached a 12-month trade war truce this week, including lowering fentanyl tariffs by 10% and suspending...
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