News Flash
Shipping firms face ‘disasters’ if IMO fails to adopt green bunker rules: industry leaders
A failure of the International Maritime Organization to adopt new decarbonization rules will lead to fragmenting regulatory regimes across the...
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More than 500 alternatively-fueled container ships now on order
“As of end August 2025, 534 container ships are on order which will be able to use alternative fuels upon...
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GCMD’s Project LOTUS confirms long-term operational feasibility of B24 biofuel blend in vessels
The Global Centre for Maritime Decarbonization (GCMD) yesterday released its Project LOTUS (Long-term impact of continuous use of biofuels on...
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Tanker Market: Is an Oil Supply Glut on the Cards?
With crude oil flows patterns still very much fluid, tanker market participants are closely monitoring oil demand and supply fundamentals....
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G20 GDP growth rises to 0.9% in the second quarter of 2025
Gross domestic product (GDP) in the G20 area grew by 0.9% in the second quarter of 2025, up from 0.7%...
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Japanese shipowner Nissen Kaiun takes stake in Dutch Wind-Assist pioneer Econowind
Japanese shipowner Nissen Kaiun has become a shareholder in Dutch Wind-Assisted Shipping Propulsion pioneer Econowind. This move highlights growing industry...
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Panama Canal Drives a Decade of Transformation to Ensure Sustainability
The Panama Canal has unveiled an ambitious ten-year roadmap designed to reinforce its strategic role in global trade, safeguard long-term...
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Lila Global Joins INTERCARGO, aligning with global standards in Dry Bulk shipping
Lila Global, a leading ship owner in the dry bulk sector, has joined the International Association of Dry Cargo Shipowners...
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Cyprus Shipping Chamber raises concerns over new fuel emissions law
The Cyprus Shipping Chamber (CSC) has raised concerns over a proposed bill aimed at tightening rules for sustainable fuels in...
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Shipping’s net zero goals at risk as green fuel supply lags: industry body
The global shipping industry currently faces a widening gap between the surging demand for green fuels needed to meet the...
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Maritime Just Transition Task Force launches first interim seafarer training frameworks for the use of ammonia, methanol and hydrogen as fuel
The Maritime Just Transition Task Force (MJTTF) released industry-first training frameworks designed to facilitate the development of training programmes for...
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Sustainable Fuel in Transit: Overcoming Roadblocks to Adoption
The transportation industry is one of the highest emitters of greenhouse gases and among the most primed for change but...
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Dry Bulk Shipping: Indonesian Coal Flows Gradually Rebound
Following a weak start to 2025, Indonesian thermal coal shipments are showing signs of recovery. June marked the lowest monthly...
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Ship Recycling Subdued Last Week with Prices Retreating
The ship recycling market is still experiencing muted sentiment. In its latest weekly report, a leading cash buyer of ships...
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US consumers are feeling the stress of inflation, interest rates, report shows
Some U.S. consumers are showing increased signs of stress as inflation and higher interest rates are affecting affordability and leading...
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Iron ore rebounds amid recovery in Chinese steel production
Iron ore futures prices rebounded, supported by improving steel output in China, while gains in steel benchmarks reflected improving sentiment...
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Vitol, Sunoco take first gasoline cargo from Nigeria’s Dangote to the US, sources say
Top global oil trader Vitol and North American fuel distributor Sunoco SUN took delivery of the first U.S. import of...
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Bureau Veritas launches OptiCARBONTM to optimize fleet energy, fuel and compliance costs
OptiCARBONTM is a predictive decision platform for cruise and passenger vessel owners, operators and fleet managers, designed to optimize energy...
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Bulgaria arrests Russian shipowner in relation to deadly 2020 Beirut blast
Police in Bulgaria have arrested the Russian owner of a ship that brought the explosive material that detonated at Beirut...
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Hi-5 spread widens as VLSFO extends rebound
Asia’s hi-5 fuel oil spread widened for a second consecutive session, as the very low sulphur fuel oil (VLSFO) market...
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