News Flash
The Caravel Group and Celsius Tankers Partner to Co-Own and Operate Green Fleets of the Future
The Caravel Group (“Caravel”) and Celsius Tankers (“Celsius”) announce the formation of a strategic joint venture to co-own and operate...
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OceanScore Launches Industry’s Most Accurate and Transparent FuelEU Pool-Price Index (OPX)
OceanScore today announced the launch of the OceanScore Pool-Price Index (OPX), the maritime industry’s most comprehensive benchmark for tracking FuelEU...
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Asia Fuel Oil: Spot benchmarks little changed in quiet trade
Spot benchmarks for fuel oil were steady amid thin trading on Monday, with bids and offers fluctuating in a tight...
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Shadow tanker operators swing between sanctioned countries to support oil flows
Russia, Iran and Venezuela — all under various US and EU sanctions targeting their energy exports — are increasingly sharing...
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Baltic Index Steady As Gains In Capesize Offset Lower Rates For Panamax
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was mostly unchanged on...
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US low-value package tariff exemption ends, raising costs for shippers, consumers
The U.S. tariff exemption for package shipments valued under $800 ended on Friday, raising costs and disrupting supply chain models...
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How CEOs are responding to geopolitical uncertainty
When the rules of global trade could change any day, how do you make decisions? McKinsey experts report from the...
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India committed to improving ties with China, Modi tells Xi
Indian Prime Minister Narendra Modi said New Delhi was committed to improving ties with Beijing in a key meeting with...
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South African bunker group highlights concerns about new STS rules
The Bunker Industry Association of South Africa on Aug. 29 voiced concerns about new environmental regulations governing offshore ship-to-ship transfers,...
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Tanker freight rates for Russian crude oil rise in August amid EU sanctions, higher exports
Freight rates for Russian crude shipments from Baltic ports to India have risen in August, driven by fresh European Union...
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The Energy-Efficient Route to Maritime Decarbonization
Pressure is mounting on the global shipping industry to improve its ships’ energy efficiency in the face of new greenhouse...
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Furetank achieves fossil-free vessel operations with renewable fuels
Furetank is now taking a crucial step towards fossil freedom, operating its EU-based fleet on biogas. A large-scale agreement for...
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Shipping: Environmental Regulations Adding to Costs
A flurry of new regulations has entered into force since the beginning of the decade for shipping, leading to an...
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Hapag-Lloyd tackles huge fleet upgrade programme with DNV support
Adapting flexibly to new regulatory and market conditions has always been key to the success of Hapag-Lloyd AG (HLAG), enabling...
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Dry Bulk Market: Capesizes Have a Mixed Week
Capesize The Capesize market delivered a mixed yet broadly steady performance this week, with underlying demand offering support despite some...
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Baosteel expects China’s steel exports to stay above 100 million tons in 2025
China’s biggest listed steelmaker Baoshan Iron & Steel Co 600019 expects the country’s total steel exports to stay above 100...
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Tanker with sanctioned Russian Arctic LNG 2 cargo berths in China, tracking data shows
A tanker carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 plant has moored at an import terminal in...
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How regs and tech are reshaping bulk carrier operations
The bulk carrier sector is being reshaped by a combination of stringent new regulations and digital innovation. But these changes...
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Atlantic Shrike Achieves 11% Fuel Reduction With Seaq Energy Storage System
Atlantic Towing Limited has achieved a major milestone in its decarbonization journey with the successful retrofit of the Atlantic Shrike....
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Georgia Ports economic impact jumps 7% in 2024
Port activity in Georgia now supports 650,965 full- and part-time jobs across the Peach State, according to an economic impact...
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