News Flash
LNG traders divert four US cargoes from Europe to Asia
Four cargoes of liquefied natural gas headed for Europe changed course to Asia in the last two weeks, after European...
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Are electric motors the future of shipping?
The two-minute trip across the Rhine on the Mondorf ferry used to be accompanied by clouds of sooty smoke and...
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IMO mid-term measures: expert guidance required following MEPC 83
As part of our recent webinar following MEPC 83, two of LR’s regulatory and advisory experts explained that the proposed...
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Tanker Market: Extreme Uncertainty is the New Norm
A prolonged period of too many unknowns seems to now be the new operating reality for tanker owners. In its...
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Last Chevron-chartered vessel starts to return oil cargo in Venezuela, data and source say
A vessel chartered by Chevron CVX carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a...
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HSBC says trade turmoil poses serious risks to global growth
Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to...
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Greece approves tender for hydrocarbons search in four offshore blocks
Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of...
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Danish Shipping: Activation of War Insurance Institute Is Perfectly Timed
Danish shipping is a strategic asset for Denmark. A new legislative proposal on war insurance will ensure that the Danish...
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TEN Ltd. Announces Delivery and Naming of First Two in Series of Twelve DP2 Shuttle Tanker Orders at Samsung Heavy Industries, South Korea
TEN, Ltd. (TEN) announced the delivery and naming of two DP2 suezmax shuttle tankers, the “Athens 04” and the “Paris...
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New US sanctions target Iranian petrochemical, petroleum products trade
The US has sanctioned seven companies and two tankers involved in the trade of Iranian petrochemicals and petroleum products, the...
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Lloyd’s Register OneOcean machine-learning technology adopted by TotalEnergies to reduce fuel consumption and emissions
Lloyd’s Register OneOcean (LR OneOcean) has collaborated with TotalEnergies, a global multi-energy company, to deploy advanced route optimization technology across...
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New air pollution limits for ships enter into effect in the Mediterranean
The Mediterranean Sea officially became an Emission Control Area for Sulphur Oxides and Particulate Matter (Med SOx ECA) under MARPOL...
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Dry Bulk Shipping: Policy is now as Major Catalyst for Market Direction as Seasonality
The ever-shifting tides of the shipping freight market are proving to be difficult to navigate. For example, in the dry...
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Global trade headwinds reflected in weakening volumes
International markets in 2025 have been characterized by pervasive uncertainty and significant pressure, reshaping prospects for trade, commodities, and finance,...
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VESON potential US port fees may disrupt dry bulk trade and vessel availability
Recent discussions on tariffs have largely overlooked the potential implementation of the Office of the United States Trade Representative (USTR)’s...
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APSEZ beats quarterly profit view on higher cargo growth
Adani Ports and Special Economic Zone reported fourth-quarter profit above estimates on Thursday, as growth in cargo volumes accelerated during a...
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Dhamara-Talachua Ro-Pax ferry service to cut travel time by 200km
In a significant step toward improving inland water connectivity, the Odisha government is set to launch the Dhamara-Talachua Ro-Pax ferry...
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Govt removes Rs 40 crore upper limit for shipbuilding financial assistance
The government has removed the financial assistance upper limit of Rs 40 crore for building a non-specialised ship and has...
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India’s coastline length revised to 11,098.81 km following new methodology
India’s coastline has been recalculated as 11,098.81 km from 7,561.60 km – up by 3,537.21 km or nearly 50 per...
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Vizhinjam Port to be dedicated to nation today by PM Modi
Vizhinjam International Seaport will be dedicated to the nation by Prime Minister Narendra Modi at 11 a.m. Kerala Port Minister...
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