News Flash

Everyone should be treated with dignity and respect at work

Everyone should be treated with dignity and respect at work

When this article was first published, the 2016 Amendments to the Maritime Labour Convention (MLC) had just entered into force....
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China’s Shipping sector goes greener with new energy sources

China’s Shipping sector goes greener with new energy sources

China is rapidly adopting new energy technologies in inland waterway shipping sector to align navigation practices with environmental concerns by...
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Global Maritime Organizations Unite to Accelerate Electrification

Global Maritime Organizations Unite to Accelerate Electrification

Four leading maritime associations have jointly launched the Global Alliance for Maritime Electrification (GAME), a coalition of nonprofit organizations dedicated...
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Future-oriented Green Ship Recycling: Studying of Commercialization for Circular Economy and Decarbonization

Future-oriented Green Ship Recycling: Studying of Commercialization for Circular Economy and Decarbonization

Ship Dismantling and Recycling “Under its ESG (environment, society, and governance) policy and ‘Bringing value to life’ mission, the NYK...
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Low water levels on Danube disrupt shipping as heatwave hits Hungary

Low water levels on Danube disrupt shipping as heatwave hits Hungary

Unusually low water levels on the Danube River in Hungary are affecting shipping, agriculture, and local ecosystems along Europe’s second-longest...
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Oil bunker costs to double by 2035 on IMO rules, says Wartsila

Oil bunker costs to double by 2035 on IMO rules, says Wartsila

Oil-based bunker costs will double over the next decade due to the International Maritime Organization’s upcoming regulation on greenhouse gas...
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U.S. Gulf Diesel Exports Drive Clean Tanker Rally

U.S. Gulf Diesel Exports Drive Clean Tanker Rally

The U.S. Gulf clean tanker market surged last week, marking one of the strongest upward freight shifts seen so far...
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Petrofin Research: Ship Financing Prospects for 2025 and beyond

Petrofin Research: Ship Financing Prospects for 2025 and beyond

The year 2025 ushered in dramatic shifts, driven by US policy changes under President Trump. Emphasizing an “America first” agenda,...
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Tanker Market: US policies Having a Major Impact

Tanker Market: US policies Having a Major Impact

The tanker market has been impacted heavily by the US policies during the first half of 2025. In its latest...
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ICA 2025 amendment: Position clarified, but perhaps an opportunity missed?

The International Group of P&I Clubs (IG) has announced an update to the Inter-Club New York Produce Exchange Agreement (ICA),...
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ONGC orders two ethane carriers from Japan’s top shipbuilder

ONGC orders two ethane carriers from Japan’s top shipbuilder

Natural Gas Corporation of India has entered into an agreement with Japanese shipbuilding company Mitsui O.S.K. Lines. Oil and Natural...
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P&O Maritime Logistics to Acquire Controlling Stake in NovaAlgoma Cement Carriers

P&O Maritime Logistics to Acquire Controlling Stake in NovaAlgoma Cement Carriers

UAE P&O Maritime Logistics (POML), a wholly owned subsidiary of DP World, has entered into a definitive agreement to acquire...
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How has U.S. energy use changed since 1776?

How has U.S. energy use changed since 1776?

In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023,...
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SMT meets industry demands for increased methanol training

SMT meets industry demands for increased methanol training

Methanol is leading the fight as a cleaner and sustainable alternative marine fuel in the drive to hit IMO net...
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Chinese captain in Baltic Sea cable damage case appears in Hong Kong court

Chinese captain in Baltic Sea cable damage case appears in Hong Kong court

The captain of a Hong Kong-registered ship alleged to have damaged undersea cables in the Baltic Sea was assigned a...
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ABS Develops Industry-Leading EV Battery Fire Simulation Modeling

ABS Develops Industry-Leading EV Battery Fire Simulation Modeling

ABS has developed advanced simulation modeling of thermal runaway in Lithium-ion battery fires, in a critical step forward in tackling...
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Kongsberg Maritime selected by Samsung Heavy Industries for 9-ship Shuttle Tanker project for Tsakos Group

Kongsberg Maritime selected by Samsung Heavy Industries for 9-ship Shuttle Tanker project for Tsakos Group

Kongsberg Maritime has been awarded a significant contract by Samsung Heavy Industries (SHI) to supply integrated technology packages for nine...
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HSFO market steadies after recent declines

HSFO market steadies after recent declines

Spot differentials for Asia high sulphur fuel oil (HSFO) steadied on Friday after sharp declines earlier this week, but ended...
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Ship Financing: Greek Banks Emerging as Major Players with a Market Share of 6.1%

Ship Financing: Greek Banks Emerging as Major Players with a Market Share of 6.1%

Greek banks have emerged as key members of the global ship financing market, with a growing market share and a...
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Dry Bulk Market: Coal Flows to be Reshaped

Dry Bulk Market: Coal Flows to be Reshaped

Seaborne trade flows are expected to be reshaped, due to China’s and India’s shift towards higher-grade coal imports. In its...
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