News Flash

Japan’s crude imports in structural decline and increasingly dependent on Saudi Arabia, UAE

Japan’s crude imports in structural decline and increasingly dependent on Saudi Arabia, UAE

Japan’s crude imports have been on a decline from 2022 to 2024. This was due to a confluence of factors...
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Caribe Tankers To Trial Inmarsat Nexuswave For Connected Certainty And Enhanced Crew Welfare

Caribe Tankers To Trial Inmarsat Nexuswave For Connected Certainty And Enhanced Crew Welfare

Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service,...
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ILO Delivers On Key Worker Rights And Fair Treatment For Seafarers

ILO Delivers On Key Worker Rights And Fair Treatment For Seafarers

The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some hard-fought achievements for...
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Supply chain fraud – the dangers of granting extended credit

Supply chain fraud – the dangers of granting extended credit

Fraudulent strategies can prove extremely profitable to the international criminal fraternity and the global supply chain is typically low risk...
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South Korean Companies Eye U.S. Crane Market Post-Trump Sanctions on China

South Korean Companies Eye U.S. Crane Market Post-Trump Sanctions on China

U.S. President Donald Trump signed an executive order on April 9 (local time) to sanction Chinese cranes dominating U.S. ports....
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Iran: Nearly 235m tons of cargo handled at ports in a year

Iran: Nearly 235m tons of cargo handled at ports in a year

Iran’s ports handled a total of 234.8 million tons of goods in the Iranian year ending March 2025, according to...
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Gateway Terminals India signs MoU launching Skill Development Programme

Gateway Terminals India signs MoU launching Skill Development Programme

Gateway Terminals India (GTI) – also known as APM Terminals Mumbai – has signed a Memorandum of Understanding to Launch...
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Seawork launches a new membership for commercial marine professionals

Seawork launches a new membership for commercial marine professionals

Seawork, Europe’s leading commercial marine exhibition, is excited to launch its exclusive Seawork Membership, designed to give maritime professionals a...
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Why Genco’s CEO Is Considering Pulling Out of U.S. Ports

Why Genco’s CEO Is Considering Pulling Out of U.S. Ports

John Wobensmith, CEO of Genco Shipping and Trading Limited, knows the company’s business can’t keep up with the United States...
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Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships

Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships

Queensland’s ship design group Seatransport and Houston-based Deployable Energy are collaborating with Lloyd’s Register (LR) to develop nuclear power generation...
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Container Freight Volatility Rises Amid Trade Disruptions

Container Freight Volatility Rises Amid Trade Disruptions

The container freight market is undergoing significant changes that could have major implications for global trade flows. The latest report...
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Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations

Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations

Danelec, a global leader in maritime data solutions, has reinforced its long-standing partnership with Aage Hempel by signing a new...
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Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization

Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization

Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement marks a major step in Svitzer’s...
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US-China tariff hikes affect Polish container terminal sale

US-China tariff hikes affect Polish container terminal sale

When the Gdynia Container Terminal (GCT) on Poland’s Baltic coast was taken over by Hong Kong-based Hutchison Ports in 2005...
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Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours

Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours

As a meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 83) closes today, the Clean Arctic...
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Tankers: VLCC Market Keeps Trending Downwards

Tankers: VLCC Market Keeps Trending Downwards

Clean LR2 MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS250 to WS130.28 and a...
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International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future

International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future

The International Maritime Organization (IMO) concluded its latest round of climate negotiations without reaching a consensus on critical measures to...
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Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn

Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn

Estonia detained a Russian-linked oil tanker near Tallinn for maritime law violations. The Kiwala, which authorities claim is part of...
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BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation

BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation

In the wake of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) 83rd session, which concluded with a...
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XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April

XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April

Data highlights: • Average spot rates from Far East to US East Coast and US West Coast remain flat since...
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