News Flash

Tankers: Can the US Sustain Increased Crude Export Capabilities?

Tankers: Can the US Sustain Increased Crude Export Capabilities?

The tanker market could be facing a lack of crude oil cargo supply, should infrastructure in major oil exporting countries,...
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DP World Signs MOUs For Proposed Port and Economic Zone in Ogun State, Nigeria

DP World Signs MOUs For Proposed Port and Economic Zone in Ogun State, Nigeria

DP World, the Ogun State Government and Ogun Deep Sea Port Company Ltd have signed two Memorandums of Understanding (MOUs)...
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Loss of bridge control in functioning systems

Loss of bridge control in functioning systems

The first article in this series examined accidents involving loss of bridge control due to a mechanical or electrical failure...
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Latam’s oil trade is being rerouted by the Middle East crisis

Latam’s oil trade is being rerouted by the Middle East crisis

Medium and heavy crude is the market’s real shortage Middle Eastern supply outages have pushed the global crude balance into...
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EU methane regulation risks worsening the energy crisis

EU methane regulation risks worsening the energy crisis

It’s not the first time Europe’s good intentions on tackling climate change have rubbed up against reality. In this case,...
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Russia could partially open diesel exports in case of surplus output: Novak

Russia could partially open diesel exports in case of surplus output: Novak

Russia could consider partially opening diesel exports once it returns to a production surplus, Deputy Prime Minister Alexander Novak told...
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From Regulation to Implementation: Why the Flag State Matters

From Regulation to Implementation: Why the Flag State Matters

As shipping navigates an increasingly complex regulatory landscape, the challenge is no longer simply adopting new rules, but ensuring that...
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Why maritime decarbonisation matters for Australia

Why maritime decarbonisation matters for Australia

Australia’s economy and way of life depend on shipping. Around 99% of Australia’s trade by volume and 87% by value...
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Rhine water levels fall to new record low, stalling fuel logistics

Rhine water levels fall to new record low, stalling fuel logistics

Water levels on the Rhine river slumped to fresh record lows for the second time in a week, Oct. 1,...
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Report: Iran’s IRGC hit 7 ‘violating’ oilers in Hormuz Strait in 5 days

Report: Iran’s IRGC hit 7 ‘violating’ oilers in Hormuz Strait in 5 days

The navy of Iran’s Islamic Revolution Guard Corps (IRGC) has targeted at least seven “violating” oil tankers in the Strait...
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MOL Ocean Bulk Joins World’s 1st Tri-Fuel Ore Carrier Project- 25-Year Iron Ore Transport Contract Signed with Vale

MOL Ocean Bulk Joins World’s 1st Tri-Fuel Ore Carrier Project- 25-Year Iron Ore Transport Contract Signed with Vale

  Mitsui O.S.K. Lines, Ltd. announced that MOL Ocean Bulk Pte. Ltd., which operates the MOL Group’s overseas Capesize bulker...
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IMO Secretary-General Mourns Seafarers Killed During Rescue Of Hijacked Ship

IMO Secretary-General Mourns Seafarers Killed During Rescue Of Hijacked Ship

  IMO Secretary-General Arsenio Dominguez has expressed his condolences and reiterated his tireless call on the international community to do...
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Pollution Risk from Overboard Pipes Routed Through Fuel Oil Tanks

Pollution Risk from Overboard Pipes Routed Through Fuel Oil Tanks

The West of England previously advised Members of a pollution incident involving the failure of a deck scupper drain pipe...
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Singapore fuel oil stocks rose by 4% in September

Singapore fuel oil stocks rose by 4% in September

  Residual fuel oil stocks in Singapore averaged 4% higher in September than in August, data from Enterprise Singapore shows....
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Strait of Hormuz security, decarbonisation among key issues discussed by BIMCO committees

Strait of Hormuz security, decarbonisation among key issues discussed by BIMCO committees

The security situation in the Strait of Hormuz and the Black and Red Seas, as well as environmental topics, were...
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Drewry: World Container Index Down 1% Last Week

Drewry: World Container Index Down 1% Last Week

  For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts. If your...
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What Is the Shadow Fleet, and Why Is It So Hard to Count?

What Is the Shadow Fleet, and Why Is It So Hard to Count?

  There Is No Official Shadow Fleet List The shadow fleet, also called the dark fleet, refers to tankers and...
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Freight rates into US reach post-Hormuz crisis peak – but no collapse is in sight

Freight rates into US reach post-Hormuz crisis peak – but no collapse is in sight

  The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity...
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Baltic Dry Bulk Freight Index Edges Up On Capesize Gains

Baltic Dry Bulk Freight Index Edges Up On Capesize Gains

  The Baltic Exchange’s dry bulk freight index increased on Friday for the second day in a row, driven by...
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Clean tanker markets size up impact of potential US diesel export curbs

Clean tanker markets size up impact of potential US diesel export curbs

  US restrictions on diesel exports would upend Atlantic Basin clean tanker demand at a moment when the global middle-distillate...
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