News Flash
Nations meet to consider regulations to drive a green transition in shipping
The world’s largest maritime nations gathered in London to consider adopting regulations that would move the shipping industry away from...
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Supertanker freight rates up sharply as US-China trade war envelops ports
Supertanker freight rates surged this week and are set to stay elevated on U.S.-China tit-for-tat hikes in port fees and...
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Overpriced charter market is due a correction after 5-year boom
Containership charter rates have remained on a steady upwards trajectory this year and remain 200% higher than in 2019, despite...
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Port fees skyrocket amidst US-China trade tensions
According to the BBC and many other publications US-China trade tensions back as port fees take effect. The BBC says,...
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Second Hand Ships Market Heating Up
The second-hand ship market has seen many new deals over the past week. In its latest weekly report, shipbroker Banchero...
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Gard delivers strong half-year result in shifting tides
The group’s half-year results for the period 1 January 2025 to 30 June 2025, on an Estimated Total Call (ETC)*...
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Industry launches investment drive – shipowners and yards bet on AI and efficiency enhancements
Looking to the future with optimism: According to the latest SMM Maritime Industry Report (MIR), shipowners and shipyards around the...
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WISTA International and BIMCO sign MoU to strengthen collaboration for a sustainable maritime future
The Women’s International Shipping & Trading Association (WISTA International) and BIMCO, the global trade association whose members represent 64% of...
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Cautious optimism prevails despite uptick in reported maritime piracy attacks
The ICC International Maritime Bureau (IMB) has revealed a slight increase in reported incidents of maritime piracy and armed robbery...
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Prompt HSFO structure slips into contango
Asia’s market structure for high sulphur fuel oil (HSFO) softened into contango on Monday as ample prompt supply outpaced a...
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China to exempt newbuilds, offer port fee rebate for current contracts
Chinese-built ships will be exempt from China’s special port fees on US-linked vessels, the Ministry of Transport said Oct. 14,...
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ERMA TECH GROUP Expands its Global Portfolio of Sustainable Maritime Technologies with the acquisition of Ultrasonic Antifouling Technology developed by HASYTEC
ERMA TECH GROUP, a future-forward leader in sustainable maritime technologies, is proud to announce the acquisition of Ultrasonic Antifouling Technology...
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Net-zero shipping: Key findings from the latest Maritime Forecast
The maritime industry faces a pivotal moment as it adapts to regulation, including the new IMO Net-Zero Framework (pending adoption),...
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China’s halt on US soybean purchases threatens Panamax demand
China’s suspension of US soybean imports amid trade tensions has disrupted seasonal shipping flows, with no cargoes arriving so far...
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Container Shipping and Tankers Facing the Trade Tensions “Storm”
The trade tensions have officially spilled over to the shipping industry. In its latest weekly report, shipbroker Xclusiv said that...
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‘Regrettable’: Norway reacts as Venezuela shuts embassy after Nobel honour for opposition leader Maria Machado
OSLO/CARACAS: Norway has expressed regret after Venezuela announced the closure of its embassy in Oslo, a move that comes just...
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MPCC continues strategic fleet renewal with newbuild orders against long-term charters
MPC Container Ships (“MPCC” or the “Company”) has placed an order for two 1,600 TEU container vessels in combination with...
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DNV launches first of its kind tender portal to accelerate e-methanol adoption for industry and shipping
DNV is launching the industry’s first public tender portal for e-methanol procurement within the European Union and the United Kingdom....
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Saudi Aramco can substain 12 million bpd maximum oil capacity for a year, CEO says
Saudi Aramco can sustain crude oil production at 12 million barrels per day (bpd) for a year without incurring additional...
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Lloyd’s list intelligence launches integrated maritime compliance solution to combat evolving sanctions evasion tactics
Lloyd’s List Intelligence (LLI), the trusted global provider of maritime data and analytics, today announced the launch of its Ownership...
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