News Flash

Houthis say they hold 10 crew from Greek-operated ship they sank off Yemen

Houthis say they hold 10 crew from Greek-operated ship they sank off Yemen

Yemen’s Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C, which they...
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Interferry Demands EU Harmonization with IMO Global GHG Regulations to Prevent Double Taxation and Protect Critical Ferry Services

Interferry Demands EU Harmonization with IMO Global GHG Regulations to Prevent Double Taxation and Protect Critical Ferry Services

Interferry, the association representing the ferry industry worldwide, calls on the European Commission to immediately harmonize its unilateral EU ETS...
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Iron ore stays above $100/t amid Sino-US trade talks; coal slump continues

Iron ore stays above $100/t amid Sino-US trade talks; coal slump continues

Iron ore futures prices held well over the key psychological level of $100 a metric ton on Tuesday, while investors...
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Saudi Arabia’s diesel exports climb to record, with Aramco active trader

Saudi Arabia’s diesel exports climb to record, with Aramco active trader

Saudi Arabia’s diesel exports for July set a record high, with Saudi Aramco offering its first cargo of the fuel...
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Carbon Ridge deploys shipping’s first centrifugal carbon capture system in partnership with Scorpio Tankers

The milestone marks the first deployment of a centrifuge-based carbon capture technology in shipping. Delivering the most efficient carbon capture...
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CMA CGM says interested by CK Hutchison’s port terminals

CMA CGM says interested by CK Hutchison’s port terminals

French shipping giant CMA CGM said on Tuesday it is interested in taking over some of CK Hutchison’s ports after...
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Scrubbers: Cleaning the air, polluting the sea

Scrubbers: Cleaning the air, polluting the sea

Scrubbers move pollution from air to sea. Should shipowners rethink before installing them? The concern about air pollution by ships...
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Steel, Crops & Coal: The Global Tug-of-War

Steel, Crops & Coal: The Global Tug-of-War

Major bulk, made up of iron ore, coal, and grains, export volumes through the first half of the year have...
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Newbuilding Orders on the Rise

Newbuilding Orders on the Rise

More newbuilding orders were reported last week, as owners are ramping up their contracting ahead of the summer lull. In...
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Tanker Market Showed Mixed Movement in June

Tanker Market Showed Mixed Movement in June

The tanker market exhibited mixed performance during the previous month, OPEC said in its latest monthly report for June. Dirty...
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Korea, U.S. embark on shipbuilding collaboration by securing skilled workforce

The domestic shipbuilding industry has begun to attract talent for the special ship division, which designs and constructs vessels. This...
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BBC uncovers lasting toxic legacy of cargo ship disaster off Sri Lanka

BBC uncovers lasting toxic legacy of cargo ship disaster off Sri Lanka

Four years after a stricken cargo ship caused the largest plastic spill ever recorded, volunteers on Sri Lanka’s beaches are...
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Shipbreaking yards must go green or exit business: Shipping adviser

Shipbreaking yards must go green or exit business: Shipping adviser

Comply with the Hong Kong Convention and fully convert to green yards, or leave the business altogether – Brigadier General...
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EU to buy $750 billion of US energy in trade agreement

EU to buy $750 billion of US energy in trade agreement

The EU has agreed to buy $750 billion worth of energy from the US as part of the two sides’...
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Israel intercepts Gaza-bound activist ship carrying humanitarian aid

Israel intercepts Gaza-bound activist ship carrying humanitarian aid

The Handala is the second ship operated by the Freedom Flotilla Coalition that Israel has prevented in recent months from...
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Hong Kong’s CK Hutchison seeks Chinese investor to join Panama Ports deal

Hong Kong’s CK Hutchison seeks Chinese investor to join Panama Ports deal

A Hong Kong conglomerate that had agreed to sell its two ports at the Panama Canal said Monday it may...
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Direct ocean carbon removal startup declares technology advantage over DAC

Direct ocean carbon removal startup declares technology advantage over DAC

Captura asserts its direct ocean carbon capture technology is more efficient than direct air capture for meeting net-zero emissions by...
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Gemini raises schedule reliability despite congested ports

Gemini raises schedule reliability despite congested ports

Hapag-Lloyd and Maersk had set out to substantially improve vessel schedule reliability with the new Gemini Cooperation network, which started...
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Employment law implications for shipowners and charterers sailing through areas of conflict

Employment law implications for shipowners and charterers sailing through areas of conflict

The ongoing Iran–Israel conflict and the volatile situation in the Red Sea and Strait of Hormuz have intensified scrutiny of...
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US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses

US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses

U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss...
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