News Flash
Dry Bulk Market: Capesizes Post Strong Rebound
Capesize The Capesize 5TC remained firm and accelerated in the latter half of the week, breaking through the $30,000 threshold...
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Tankers: Argentina to Boost Ton-Mile Demand
Argentina is shaping up to be a major crude oil exporter by the end of the decade, thus boosting ton-mile...
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Russia’s daily oil loadings from its western ports set to drop 8% in August, sources say
Russia’s daily oil exports from its western ports are set to be around 1.77 million barrels per day (bpd) in...
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DNV: Ban on discharge of water from open loop EGCSS in coastal waters of the north-west Europe from 1 July 2027
The 16 OSPAR contracting parties have agreed to phase out discharge from EGCSs in coastal waters of the European north-east...
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CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions, sources say
Russia-backed Indian refiner Nayara Energy has named a new chief executive after its previous CEO resigned following European Union sanctions...
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Japan copper smelters face tough talks with global miners over processing fee
Japanese copper smelters face tough mid-year negotiations with global miners over treatment and processing charges (TC/RCs) as they wouldn’t be...
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South Korea seeks to leverage Trump’s focus on shipbuilding in tariff talks
South Korea and the United States have been discussing a shipbuilding tie-up that could include investments to modernize U.S. shipyards...
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Innovate UK Grant Awarded to AST Reygar to Power AI-Driven Predictive Tool for Vessel Performance and Efficiency
A new project funded by the UK Government through the UK Shipping Office for Reducing Emissions (UK SHORE) programme in...
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UK project to tackle skills gap in maritime sector’s adoption of low and zero-carbon fuels wins CMDC funding
A cross-sector consortium comprising the marine fuels training, conference and publishing firm ship energy, shipping and logistics company DFDS, IBIA...
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EU Sanctions Start to Disrupt Clean Product Exports from Nayara’s Vadinar Refinery
The European Union’s latest sanctions on Nayara Energy, India’s Rosneft-linked refiner, are beginning to impact clean product flows out of...
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LPG Shipping: China’s Imports Steady Through the Year
LPG imports from China, the world’s leading importer have been marginally higher so far in 2025. In its latest weekly...
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Middle East tensions ripple through global gas markets
The delicate balance of the global natural gas market remains acutely sensitive to geopolitical tremors, a reality underscored by recent...
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Safe implementation of decarbonization technologies
Integrating new technologies on board vessels involves understanding safety risks and implementing mitigation measures. DNV’s class notations and guidelines facilitate...
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Dalian iron ore drops on stronger supply, inventories
Dalian iron ore futures prices closed lower on Thursday, pressured by increasing supply from top miners Vale and Fortescue, and...
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Konecranes Plc’s Half-year financial report, January-June 2025: Strong performance continued
The figures presented in this report are unaudited. Figures in brackets, unless otherwise stated, refer to the same period a...
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BP says tainted oil detected in tanks at Turkish Ceyhan port, exports continue
BP said on Thursday that contaminants were detected in some of the oil tanks at Turkey’s BTC Ceyhan terminal following...
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£30 Million To Decarbonise Shipping, Boost Careers And Deliver Growth Across The UK
Coastal communities across the UK are to benefit from £30 million funding to decarbonise shipping and power up local economies...
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HSFO discounts deepen; Singapore inventories stay high
Spot discounts for 380-cst high sulphur fuel oil (HSFO) deepened on Thursday, while inventories at Singapore remained higher than average...
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Shipping Faces Pressure To Prove Emissions Cuts As New Data Highlights Gap Between Predictions And Reality
Following recent reports that energy efficiency technologies are underperforming by up to 40 per cent, Oceanly, a leading provider of...
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Tanker with Russian oil for sanctions-hit Nayara Energy diverts to another Indian port, sources say
An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy’s Vadinar port in India...
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