News Flash

The European diesel market surged during afternoon trading on July 18 following the EU’s announcement of its 18th sanctions package,...

As part of its ongoing fleet optimization plan, Yang Ming Marine Transport Corporation (“Yang Ming”) held its 404th Board Meeting...

South Africa has reaffirmed its commitment to decarbonizing its maritime industry, outlining plans to implement key IMO regulations on shipping...

Concirrus is set to lead the transformation of ESG-focused underwriting, with Hellenic Hull becoming the latest marine insurance management company...

Maritime transport is crucial for global trade, accounting for 80% of trade volume,1 but contributing more than a 10th of...

Greek tanker operators shipping approved Russian oil exports are expected to continue doing so despite a new wave of tougher...

Indian import volumes show a more modest decline: quarterly volumes were nearly flat versus Q1 2025 and down roughly 12% year-over-year,...

The tanker market can’t keep relying on China’s imports, which have been a major growth factor during the past couple...

The global shipping industry faces the prospect of “decarbonization deja vu” as it braces for overlapping climate regulations that could...

DP World and its strategic partner, Asian Terminals Inc. (ATI) has unveiled a brand-new fleet of 15 electric internal transfer...

Iranian authorities have seized a foreign tanker in the Gulf of Oman for smuggling 2 million liters (around 528,000 gallons)...

Access to clean maritime fuels is a top priority for the decarbonization of the shipping sector. The Draghi report on...

In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six...

The ship recycling market lacked momentum during the past week. In its latest weekly report, Best Oasis, a leading cash...

This year’s Port State Control Concentrated Inspection Campaign (PSC CIC), taking place from 1 September to 30 November 2025, will...

Europe’s ports are failing to tackle toxic air pollution, a new study looking at major European ports shows. The study...