News Flash

Russia may supply 1.8 bcm of gas to Iran in 2025, price to be agreed

Russia may supply 1.8 bcm of gas to Iran in 2025, price to be agreed

Russia may supply 1.8 billion cubic metres (bcm) of natural gas to Iran this year at a price which has...
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Three Key Impacts of the IMO’s New Fuel Intensity Target on S&P Activity

Three Key Impacts of the IMO’s New Fuel Intensity Target on S&P Activity

The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Environmental Protection Committee (MEPC 83), resulting in...
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Taylor Maritime Sold 11 Vessels

Taylor Maritime Sold 11 Vessels

Taylor Maritime Limited, the specialist dry bulk shipping company, today announces eleven new vessel sales for gross proceeds of $172.5...
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HD Korea Shipbuilding Secures Order for Two Container Ships from Asian Shipowner

HD Korea Shipbuilding Secures Order for Two Container Ships from Asian Shipowner

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on April 25...
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PowerCell secures breakthrough order for hydrogen fuel cells with methanol reformer technology in the maritime sector

PowerCell secures breakthrough order for hydrogen fuel cells with methanol reformer technology in the maritime sector

PowerCell, the world’s leading supplier of fuel cells for the marine market, has secured its first commercial order for its...
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Axpo expands small-scale LNG operations

Axpo has successfully completed its first LNG ship-to-ship delivery in the Port of Algeciras, marking the expansion of its LNG...
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China pushes for tariff cancellation to end US trade war

China pushes for tariff cancellation to end US trade war

China called for all “unilateral” U.S. tariffs to be cancelled on Thursday, as signs emerged that the Trump administration may...
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Global roundtable sees rising debt risks for low-income countries as uncertainty mounts

Global roundtable sees rising debt risks for low-income countries as uncertainty mounts

More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the...
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Chinese coal buyers reject new Indonesia price benchmark

Chinese coal buyers reject new Indonesia price benchmark

Indonesia’s push to roll out a government-set price for coal is not gaining traction in top buyer China, undermining Jakarta’s...
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Tariff War Threatens Growth in Many Sectors in Developed Europe

Tariff War Threatens Growth in Many Sectors in Developed Europe

The global trade war started by the US administration will reduce world and European economic growth, resulting in direct and...
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Lloyd’s Register expands Global Fuel Finder with new biofuels capability

Lloyd’s Register expands Global Fuel Finder with new biofuels capability

The enhanced platform supports safer, more sustainable fuel strategies in an increasingly complex marine energy landscape. Lloyd’s Register (LR) has...
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Three more Russian insurers seek India OK to provide cover for oil tankers, sources say

Three more Russian insurers seek India OK to provide cover for oil tankers, sources say

Three more Russian insurers, including a subsidiary of top lender Sberbank, have asked India for approval to provide marine insurance...
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Japan is world’s third largest shipping nation as owners control 12% of the fleet

Japan is world’s third largest shipping nation as owners control 12% of the fleet

Combined, Japanese shipowners currently own 12% of the global fleet’s deadweight tonnes capacity (DWT). This makes Japan the third largest...
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Atal Solutions Kicks Off $123.7M Retrofitting Project to Drive the Future of Green Shipping

Atal Solutions Kicks Off $123.7M Retrofitting Project to Drive the Future of Green Shipping

If the shipping industry were a country, it would be the sixth-largest polluter in the world. With its $123.7M retrofitting...
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Cargo Theft Report Reveals Rapidly Shifting Criminal Tactics And Emerging Targets

Cargo Theft Report Reveals Rapidly Shifting Criminal Tactics And Emerging Targets

The BSI Consulting and TT Club 2024 Cargo Theft Report gives a detailed analysis of targeted commodities, prime locations for...
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FuelEU Maritime compliance strategy is commercial priority for top management, says OceanScore

FuelEU Maritime compliance strategy is commercial priority for top management, says OceanScore

FuelEU Maritime represents a strategic headache for shipping companies on the same level as its technical complexity. Senior management must...
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US crude stocks rise, gasoline and distillate inventories fall – EIA

US crude stocks rise, gasoline and distillate inventories fall – EIA

U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude...
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Essential advice from The Swedish Club for Masters handling liquid cargo

Essential advice from The Swedish Club for Masters handling liquid cargo

In response to the increasing pressures faced by maritime professionals to expedite cargo operations and to prevent cargo claims, marine...
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Wilson adopts Tilla Technologies to optimise crew change operations across one of Europe’s largest short sea fleets

Wilson adopts Tilla Technologies to optimise crew change operations across one of Europe’s largest short sea fleets

Tilla Technologies today announces that Wilson, one of Europe’s largest short sea shipping companies, will use its software to manage...
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USTR Announces Streamlined Notice of Action to Counter Chinese Dominance in the Maritime Sector

USTR Announces Streamlined Notice of Action to Counter Chinese Dominance in the Maritime Sector

The U.S. Trade Representative (USTR) on April 17, 2025, announced its long-awaited final proposed measures to combat China’s dominance in...
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