News Flash
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
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
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
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
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’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 (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, 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
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
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
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, 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 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
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
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
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
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
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
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
Data highlights: • Average spot rates from Far East to US East Coast and US West Coast remain flat since...
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