News Flash

Baltic Index Rises On Strong Rates Across Vessels

Baltic Index Rises On Strong Rates Across Vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday...
Read More
Russian Arctic oil exports to China jump helped by STS transfers, sources say

Russian Arctic oil exports to China jump helped by STS transfers, sources say

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers...
Read More

Global LNG freight falls sharply as Bintulu LNG’s up to three trains temporarily down

Global LNG freight tumbled sharply April 16 as at least three of the nine trains at Bintulu LNG were temporarily...
Read More
Gasoline traders shift exports to West Africa amid US tariff threats

Gasoline traders shift exports to West Africa amid US tariff threats

Threats of further tariffs from the US and an ongoing arbitrage to West Africa have led to an unseasonal shift...
Read More
VLSFO spot premium inches up on more trading momentum

VLSFO spot premium inches up on more trading momentum

Asia’s spot premium for very low sulphur fuel oil (VLSFO) was stable to higher on Wednesday after more trades at...
Read More
WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist

WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist

The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage...
Read More
Agreement Reached on New Global Minimum Wage for Seafarers

Agreement Reached on New Global Minimum Wage for Seafarers

The International Labour Organization (ILO) has concluded the latest round of minimum wage negotiations for able seafarers at a meeting...
Read More
Ship Recycling Unchanged After Eid Holidays

Ship Recycling Unchanged After Eid Holidays

Things remain at a standstill regarding ship demolition activity. In its latest weekly report, Best Oasis, a leading cash buyer...
Read More
Rio Tinto posts lowest Q1 iron ore shipments since 2019, tempers forecast

Rio Tinto posts lowest Q1 iron ore shipments since 2019, tempers forecast

Rio Tinto RIO, RIO on Wednesday reported its lowest first-quarter iron ore shipments since 2019 and warned that more weather...
Read More
Stena Bulk To Register Up To Five Suezmax Tankers Under The Swedish Flag

Stena Bulk To Register Up To Five Suezmax Tankers Under The Swedish Flag

Leading tanker shipping company Stena Bulk has today confirmed its intention to register up to five of its Suezmax vessels...
Read More
WinGD X-EL wins first hybrid integration project for wind-assisted vessels

WinGD X-EL wins first hybrid integration project for wind-assisted vessels

Swiss marine power company WinGD is to integrate hybrid power and energy systems on four 113,600 DWT, wind-assisted tankers under...
Read More
V. secures full management contract with International Seaways for six dual-fuel (LNG) ready newbuild tankers

V. secures full management contract with International Seaways for six dual-fuel (LNG) ready newbuild tankers

V., the global ship manager and marine services provider, has been awarded the full technical and crew management of six...
Read More
China is set to import more Russian LNG in 2025, ambassador says

China is set to import more Russian LNG in 2025, ambassador says

China is set to increase its imports of Russian liquefied natural gas (LNG) this year, its ambassador to Russia said...
Read More
Trump tariffs to trigger seismic trade shifts

Trump tariffs to trigger seismic trade shifts

The spectre of significant US import tariffs, reintroduced and expanded under a second Trump administration, is casting a long shadow...
Read More
The IMO Confirms The Methane Pathway’s Role In Shipping’s Decarbonisation

The IMO Confirms The Methane Pathway’s Role In Shipping’s Decarbonisation

SEA-LNG congratulates the IMO and its delegates on reaching the agreement on a regulatory framework for GHG emissions reductions last...
Read More
INTERCARGO Responds to IMO’s Decision on GHG Reduction Measures

INTERCARGO Responds to IMO’s Decision on GHG Reduction Measures

At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States assumed responsibility and agreed on a...
Read More
Belize-Registered Dredger Sinks Off Tuas; No Personnel Onboard

Belize-Registered Dredger Sinks Off Tuas; No Personnel Onboard

The Maritime and Port Authority of Singapore (MPA) was alerted at about 1:30pm on 14 April 2025 that a moored...
Read More
Damen signs with Arena Offshore A.S. for Turkish construction of Stan Tugs 1606

Damen signs with Arena Offshore A.S. for Turkish construction of Stan Tugs 1606

Damen Shipyards Group has signed a contract with Istanbul-based Arena Offshore A.S. for the local construction of two Stan Tugs...
Read More
DataMondial launches new AI-driven service for processing ocean freight rates

DataMondial launches new AI-driven service for processing ocean freight rates

DataMondial, a leading player in the world of data and document processing, proudly announces the launch of its latest innovative...
Read More
Italian tycoon emerges as lead investor for CK Hutchison ports

Italian tycoon emerges as lead investor for CK Hutchison ports

Italian billionaire Gianluigi Aponte’s family-run business is emerging as the lead investor of a group seeking to buy 43 ports...
Read More