News Flash

US misses out on billions in China soybean sales midway through peak season

US misses out on billions in China soybean sales midway through peak season

U.S. farmers are missing out on billions of dollars of soybean sales to China halfway through their prime marketing season,...
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A stable cargo marine insurance market but uncertainty looms, warns IUMI

A stable cargo marine insurance market but uncertainty looms, warns IUMI

  At today’s International Union of Marine Insurance (IUMI) annual conference in Singapore, Mike Brews, Chair of the IUMI Cargo...
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Greek Shipping Fleet on the Rise

Greek Shipping Fleet on the Rise

The Greek fleet rose by 2.9% yoy in DWT terms bringing the total to 488.6m DWT in 2024. In absolute...
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Ship Recycling Still Looking for Solid Ground

The ship recycling market has remained largely unchanged and lackluster over the past week. In its latest weekly report, a...
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Bound4blue scores first LPG contract with unique non-explosion proof eSAIL solution for BWEK

BW Epic Kosan (BWEK), a world leader in LPG, petrochemicals and speciality gas transportation, has signed an agreement with bound4blue...
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Alpha Bulkers Partners with Weathernews to Enhance Fleet Performance

Greek dry-bulk operator signs up for global weather intelligence provider’s Total Fleet Management Solution (TFMS) including comprehensive monitoring, optimization and...
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UK seafaring community could nearly halve by 2040

A report commissioned by the Maritime Charities Group has found that the number of UK seafarers could fall dramatically by...
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Ships will be able to load more TMX oil by early 2027, Trans Mountain exec says

Canadian pipeline operator Trans Mountain expects dredging works at the port in Vancouver to be completed at the end of...
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Crisis-prone France sinks deeper into debt quagmire

Crisis-prone France sinks deeper into debt quagmire

The collapse of France’s latest government leaves the euro zone’s second-biggest economy lurching deeper into a morass of feeble growth,...
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Iron ore rallies on Simandou supply concerns, restocking demand

Iron ore futures climbed for a sixth straight session on Tuesday, driven by mounting concerns over supply prospects from the...
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Oceanly and Nagarro partner to deliver smarter maritime AI and fleet performance solutions

Oceanly, a leading provider of digital solutions for the maritime industry, has announced a strategic partnership with Nagarro, a global...
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Methanol procurement ‘very challenging’ for smaller ship owners, warns Stream Marine Technical

While methanol has been traded as a chemical for more than a century, and transported safely by ship for decades,...
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IUMI highlights challenging hull marine insurance market and elevated risk

In Singapore at the International Union of Marine Insurance (IUMI) annual conference, Ilias P. Tsakiris, Chair of the IUMI Ocean...
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GCMD details how onboard captured CO₂ was successfully offloaded, transported and utilized

The Global Centre for Maritime Decarbonisation (GCMD) today published its report on Project CAPTURED, presenting findings from the world’s first...
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Iron ore gains on lower shipments, strong China steel exports

Iron ore futures rose for a fifth straight session on Monday, supported by a sharp fall in shipments from a...
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BIO-UV GROUP Develops Containerised Ballast Water Treatment For Floating Offshore Wind Market

BIO-UV GROUP Develops Containerised Ballast Water Treatment For Floating Offshore Wind Market

BIO-UV Group, the global leader in UV-based water treatment solutions, has successfully developed and tested a containerised ballast water treatment...
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MOL Wins Basic Design Approval for New LNG Carrier Equipped with 4 Wind Challenger, Hard Sail Wind-assisted Propulsion Systems-Joint Development with HHI and SHI

Mitsui O.S.K. Lines, Ltd. yesterday announced that it has obtained approval in principle (AiP) from a classification society, Lloyd’s Register...
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ClassNK issues approval in principle (AiP) for ammonia fuelled LPG/NH₃ carrier developed by Kawasaki Heavy Industries, Ltd. and MITSUI E&S Co., Ltd.

ClassNK has issued an approval in principle (AiP) for an ammonia fuelled LPG/NH₃ carrier, applied for jointly by Kawasaki Heavy...
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Red Sea Cable Cuts Show hy Subsea Sector Is More Critical Than Ever, Industry Warns

Red Sea Cable Cuts Show hy Subsea Sector Is More Critical Than Ever, Industry Warns

According to AP News (8 September 2025), multiple undersea cable cuts in the Red Sea have disrupted internet access across...
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Second sanctioned Russian LNG ship departs from Chinese port: CAS

Second sanctioned Russian LNG ship departs from Chinese port: CAS

A second sanctioned Russian LNG carrier on Sept. 7 left the Tieshan terminal in the Port of Beihai, southern China,...
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