News Flash
Nigeria’s Dangote aims to end Africa’s fertilizer imports
Africa will be self-sufficient in fertilizer within 40 months, Nigerian billionaire Aliko Dangote said on Friday, on the basis of...
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TOP Ships Announces Approval of Listing on the Nasdaq Capital Market for Spin-Off of Rubico Inc.
TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that the application of...
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China’s rare earths are flowing again, but not freely
The threat of mass shutdowns across the automotive supply chain is fading as Chinese rare earth magnets begin to flow,...
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World’s first pure ammonia-fueled demonstration vessel completes maiden voyage in China
The world’s first pure ammonia-powered demonstration vessel, the “Anhui,” successfully completed its maiden voyage in Hefei, east China’s Anhui Province,...
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Vietnam emerges as key demand hub as top buyers cut back on thermal coal imports
As coal giants China and India scale back seaborne thermal coal purchases due to robust domestic production and tepid industrial...
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Pakistan approves $42 million to transform ship-breaking yard into ‘model green facility
Pakistan’s government has approved Rs12 billion to transform a key ship-breaking yard in the country’s southwestern Balochistan province into a...
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Vessels near Strait of Hormuz transmit unusual messages to prevent attacks
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked...
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Beyond Lay-Up: Delay Risk Insurance in an Age of Disruption
As the maritime industry navigates through a vortex of geopolitical uncertainty, climate extremes, and supply chain bottlenecks, one reality becomes...
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Crude Tanker Markets to Remain Supported from Oil Market Fundamentals
The crude tanker markets are expected to remain supported from the long term oil market fundamentals. In its latest weekly...
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Asia Distillates Markets ease; S. Korea refiners sell more than 21 gasoil cargoes for July
Asia’s middle distillates markets eased from a week earlier on Friday with a regional supply deluge for July capping the...
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Oil market reflects slim chance of supply disruption, Goldman analysts say
Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following...
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Many insurance underwriters won’t offer Middle East coverage to U.S., Israel, U.K.-linked vessels at any price
The conflict in the Middle East has led many insurance underwriters in the maritime shipping market to avoid offering coverage...
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Asian refiners weigh crude stockpiling amid Middle East tensions, trade flow stable
Refiners across Asia are reassessing the need to bolster their emergency crude reserves amid rising geopolitical tensions in the Middle...
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US says deal with Beijing will expedite rare earth exports from China
The United States has reached an agreement with China on how to expedite rare earth shipments to the U.S., a...
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China signs first Argentine soymeal deal under threat of US trade war disruptions
Chinese firms have booked the first soymeal cargo from Argentina since Beijing approved Argentine imports in 2019, as China’s animal...
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LR: Hong Kong Convention brings new recycling challenges for shipowners
With the Hong Kong Convention on ship recycling taking effect, a new webinar series aims to guide shipowners through the...
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Gulf shipping costs drop as Israel-Iran ceasefire holds
Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and...
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China Iron Ore Imports on the Weaker Side This Year
China’s iron ore imports have been dropping so far in 2025, based on the latest data. In its latest weekly...
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Critical minerals drive a boon for ship operators
The oceans have long been central to global trade, but a recent directive from Washington is poised to transform them...
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Energy access improving, but international financial support still needed to boost progress and address disparities
New report urges scaled-up tailored financial support for decentralized renewable energy to reach 666 million people in rural and vulnerable...
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