News Flash

India’s first greenfield integrated refinery complex in a decade starts

India’s first greenfield integrated refinery complex in a decade starts

India’s first greenfield integrated refinery complex in a decade began operations July 4, a development that will advance the country’s...
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d’Amico International Shipping S.A. Announces A New Two-Year Time Charter Contract At A Highly Profitable Rate

d’Amico International Shipping S.A. Announces A New Two-Year Time Charter Contract At A Highly Profitable Rate

d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tankermarket, announces that its operating subsidiary,...
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RightShip Announces Planned Product Leadership Transition

RightShip Announces Planned Product Leadership Transition

RightShip, a leading safety and risk intelligence platform, today announced the appointment of Maria Psaltaki as Chief Product Officer, effective...
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Performance Shipping Inc. Extends Time Charter for M/T Briolette with Aramco Trading at US$37,700 Per Day for Three Years

Performance Shipping Inc. Extends Time Charter for M/T Briolette with Aramco Trading at US$37,700 Per Day for Three Years

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate...
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STAX Engineering lands $150 million to scale ship emissions capture

STAX Engineering lands $150 million to scale ship emissions capture

US-based emission reduction technology firm STAX Engineering has secured $150 million financing to boost its emissions capture system for ships....
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China dominates car carriers as South Korea pivots to green, high-spec niches

China dominates car carriers as South Korea pivots to green, high-spec niches

Hyundai Glovis, the logistics affiliate of Hyundai Motor Group, began operating the Glovis Lander, the world’s largest pure car and...
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Stranded sulphur cargoes in the Strait of Hormuz face mounting corrosion risk, warns Brookes Bell

Stranded sulphur cargoes in the Strait of Hormuz face mounting corrosion risk, warns Brookes Bell

Bulk carriers carrying elemental sulphur cargoes in the Strait of Hormuz are at significant risk of accelerated structural corrosion, with...
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Pertamina shipping arm prioritizes diversified fleet in global push

Pertamina shipping arm prioritizes diversified fleet in global push

Pertamina International Shipping (PIS) will continue pursuing a diversified fleet strategy instead of concentrating on any single vessel segment as...
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IMO Secretary-General calls for urgent release of 44 seafarers held by pirates

IMO Secretary-General calls for urgent release of 44 seafarers held by pirates

The seafarers have endured months in captivity amid a surge in attacks on ships in the Red Sea and Gulf...
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Japan-linked vessels exit Strait of Hormuz after months stranded in Gulf – reports

Japan-linked vessels exit Strait of Hormuz after months stranded in Gulf – reports

Ten Japan-linked ships were exiting the Strait of Hormuz on Monday after being stranded in the narrow waterway for months,...
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Workboat Code 3: Why continuous WBV monitoring is about to redefine workboat operations

Workboat Code 3: Why continuous WBV monitoring is about to redefine workboat operations

The publication of Workboat Code Edition 3 (WB3) marks one of the most significant regulatory updates for the UK workboat...
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How to buy cargo insurance: rethinking traditional approaches

How to buy cargo insurance: rethinking traditional approaches

Buying cargo insurance directly from your shipper, per-shipment, especially when that shipper operates on a global scale, is not about dismissing brokers...
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The July 2026 edition of the DNV class rules and standards for ship and offshore

The July 2026 edition of the DNV class rules and standards for ship and offshore

The July 2026 edition introduces new class notations and significant updates designed to support the maritime industry’s ongoing transition towards...
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US courts signal shift in the interpretation of “package” under COGSA

US courts signal shift in the interpretation of “package” under COGSA

Recent decisions from US courts, particularly in the Second Circuit (New York), suggest a more contractual approach to determining what...
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Fire in the engine room due to auxiliary engine erosion plug failure

Fire in the engine room due to auxiliary engine erosion plug failure

Due to the combination of flammable materials, complex machinery, and human factors, fire in the engine room remains the most...
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CMA CGM deploys world’s largest LNG-powered container ship on Asia-Europe route

CMA CGM deploys world’s largest LNG-powered container ship on Asia-Europe route

Europe is investing in ever larger, cleaner container ships at a time when maritime sovereignty and supply-chain resilience have become...
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Shipping Perishables Internationally: How Cold Chain Strategy Impacts Product Loss And Profitability

Shipping Perishables Internationally: How Cold Chain Strategy Impacts Product Loss And Profitability

Moving perishable cargo internationally requires meeting multiple conditions to preserve product profitability. Between multi-leg trips, extended layovers, temperature fluctuations, environmental...
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Strait of Hormuz vessel transits drop to four-day low July 2: CAS

Strait of Hormuz vessel transits drop to four-day low July 2: CAS

Vessel transits through the Strait of Hormuz fell to a four-day low on July 2 as regional tensions continued to...
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Tanker Market Softening After Easing of Middle East Tensions

Tanker Market Softening After Easing of Middle East Tensions

Clean LR2 The TC1 75kt MEG/Japan index dropped significantly this week, losing 143 points to WS361. A voyage west also...
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Xeneta Weekly Ocean Container Shipping Market Update: Rates on the Rise

Xeneta Weekly Ocean Container Shipping Market Update: Rates on the Rise

The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements...
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