News Flash
Trump’s fees on Chinese ships will hurt US companies, maritime executives to tell hearing
President Donald Trump’s plan to revitalize the U.S. shipbuilding industry is likely to backfire because it relies on proposed fees...
Read More
Methanol holds edge over ammonia as green marine fuel alternative in near term: Proman
Ship owners are increasingly favoring methanol over ammonia as a marine fuel alternative despite both offering significant emissions reduction potential,...
Read More
India to explore green shipping and digital business with Singapore
India’s green fuel and digital initiatives are set to enter the global trade through Singapore’s marine and shipping industry, where...
Read More
Advice for BIMCO members in relation to proposed US trade action
On 21 February, The Office of the United States Trade Representative (USTR) announced it was inviting comments from the public...
Read More
Wilhelmsen strengthens maritime innovation commitment with Motion Ventures Fund II
Building upon the success of the inaugural fund launched in 2021, Motion Ventures Fund II aims to deploy investments ranging...
Read More
Shipping Companies Rushing to Subscribe to Starlink to Prevent Young Sailors from Leaving
South Korean shipping companies are rushing to subscribe to U.S.-based SpaceX’s satellite communication service, Starlink, to prevent young sailors from...
Read More
Mediterranean Sea Designated as Emission Control Area for Sulphur Oxides
Starting from May 1, 2025, the Mediterranean Sea will be officially designated as an Emission Control Area (ECA) for sulphur...
Read More
US Tariffs on Chinese built ships and fleets
The Club has been receiving enquiries and requests for draft charter clauses from members about the proposed U.S. ‘Make Shipbuilding...
Read More
Marine insurance industry advances climate reporting in third annual disclosure report
The Poseidon Principles for Marine Insurance continue to take a leadership role in supporting global shipping decarbonisation with the release...
Read More
Russia and US to discuss Black Sea shipping
Russian and U.S. experts will discuss ways to ensure the safety of shipping in the Black Sea at talks on...
Read More
Xeneta: Average spot rates from Far East to US now fallen below average long term contract rates
Average spot rates from Far East to US now fallen below average long term contract rates. Far East to US...
Read More
Tankers: VLCC Seesawed Last Week
Clean LR2 MEG LR2’s looked to have reached the top for their current freight spike for the moment. The TC1...
Read More
Iron ore set for weekly loss on caution over China demand prospects
Iron ore futures drifted lower on Friday and were headed for a weekly loss due to mounting concerns over demand...
Read More
New shipowners join Bluepool Panamax pool
Castor Maritime and Sea Tribute Shipmanagement are the latest companies to enter vessels into the Bluepool Panamax dry bulk shipping...
Read More
Dredging sector crucial for the strategic position of the Netherlands and Belgium: Report Warns Of Increasing Chinese Competition
The Dutch and Belgian dredging industry is of strategic importance to the economy, water safety, and energy transition in both...
Read More
Wallenius Wilhelmsen releases 2024 annual report, highlighting another record-breaking year
Delivering all-time high, full-year results for 2024, Wallenius Wilhelmsen’s financial performance surpasses its record 2023. In addition, the company continued...
Read More
HSFO extends fall for seventh straight session
Asia’s high sulphur fuel oil differentials ended the week in losses as the market expected supplies to rise and as...
Read More
ITS Logistics March Port Rail Ramp Index: Trucking Capacity-to-Demand Ratio Could Increase Rates for Dray and Rail Capacity
ITS Logistics yesterday released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month, the index...
Read More
Ascenz Marorka, GTT’s smart shipping arm, expands its real-time fleet performance monitoring service to cover the Americas
Ascenz Marorka is expanding its Real-Time Fleet Performance Monitoring Service to the Americas time zones. Following successful deployments in France...
Read More
US slaps Iran-related sanctions on oil tankers, China ‘teapot’ refinery
The US yesterday issued new sanctions intended to hit Iran’s oil exports, including what the State Department said were the...
Read More




