News Flash
EIA forecasts U.S. crude oil production will decrease slightly in 2026
In our latest Short-Term Energy Outlook, we forecast U.S. crude oil production will average 13.5 million barrels per day (b/d)...
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Solstad Maritime ASA: Successful amendment and extension of existing credit facilities
Highlights from the amended facilities agreement: The term of the loan has been extended by 2 years, with maturity extended...
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Taylor Maritime Reports Unaudited Interim Results for the period 1 April 2025 to 30 September 2025
Taylor Maritime Limited, the specialist dry bulk shipping company, today announces its interim results for the six month period ended...
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Hapag-Lloyd orders eight new dual-fuel methanol container ships
Hapag-Lloyd has signed a contract with the Chinese shipyard CIMC Raffles for the construction of eight new container ships. The...
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VIRSEC Launches New Online Course to Tackle Harassment, Bullying, and Strengthen Crew Welfare
Given the continued industry focus on crew welfare, professional conduct, and the prevention of sexual harassment and bullying at sea,...
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Baltic Index Falls To Near One-Month Low On Weaker Rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a...
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GEA NOx Separator: For cleaner shipping with pioneering fuel technology
On the occasion of Marintec China (2–5 December 2025), GEA was showcasing its latest technologies for low-emission ship design. At...
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Syroco Live Enhances Energy Efficiency And Voyage Economics For Bulk Carriers
Climate tech specialist Syroco is pleased to announce new results from its voyage optimisation platform, Syroco Live. The system, which...
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MSC, BlackRock’s bid for Hutchison’s Barcelona terminal may push up prices, EU says
BlackRock and MSC’s bid for CK Hutchison’s 1 terminal at Barcelona port could lead to higher prices or reduce the...
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Fourth certification for Volos Port Authority
ESPO congratulates Volos Port Authority (Greece) for being recertified through the EcoPorts environmental management stander (PERS). Volos Port Authority has...
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MOL, China’s Largest Fuel Supplier SINOPEC, Marubeni Sign MOU to Establish Long-term Supply System for Marine Biodiesel Fuel
Mitsui O.S.K. Lines, Ltd. announced that MOL, China’s largest fuel supplier SINOPEC Zhejiang Zhoushan Petroleum Co., Ltd., and Marubeni Corporation,...
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Asia Fuel Oil Markets in steady discounts, inventories pile up
Asia’s fuel oil markets held steadily in discounts on Thursday, while onshore inventories at key storage hub Singapore continued to...
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Lloyd’s Register, EXMAR and the Belgian Federal Public Service for Mobility and Transport join forces to help develop new guidelines for ammonia cargo as fuel
The Interim Guidelines represent a significant step towards the safe and practical use of ammonia as a zero-carbon marine fuel....
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India bunker demand stable in November, Sri Lanka volumes fall
India’s west coast bunker fuel demand remained resilient in November as declining prices and improved domestic refinery supplies supported steady...
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Over 30 sanctioned ships in Venezuela at risk after US tanker seizure
More than 30 U.S.-sanctioned oil vessels doing business in Venezuela could face punishment by Washington after the Coast Guard seized...
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Baltic Index Extends Losses To Near Three-Week Low On Falling Vessel Rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a...
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Speedy justice? Tribunals grapple with 5 lakh pending cases
Tribunals were created to ease the burden on regular courts and ensure faster justice. Yet a recent assessment by the...
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India-Europe Trade: Why Container Freight Rates Have Surged by Up to 60%
Sarjak Container Lines, a globally recognized Indian NVOCC specializing in project logistics, over-dimensional (ODC/OOG) and special equipment cargo movement, published...
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VLGC market in 2025: A rollercoaster ride with more dips than peaks
The VLGC market in 2025 remained highly volatile, with occasional rate spikes overshadowed by weak fundamentals. Vessel oversupply and fragile...
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Joined by HRH The Princess Royal, Mission to Seafarers hosts its annual festive carol service honouring seafarers worldwide
The Mission to Seafarers (MtS) held its annual ‘Festival of Nine Lessons & Carols’ this week at All Hallows by...
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Recent News
IMF chief says world economy faces multiple risks despite resilience:
European gas slides; ECB warns of quicker inflation impact:
Russian refining sector struggles amid intensifying Ukrainian attacks:
Iron Ore Rises for Fourth Straight Session:
Egypt ports handle 233 mln tons, 11.1 mln TEUs in 2025: Al-Wazir: