News Flash

China-U.S. Container Volume Drops 45% Amid Tariff Tensions

China-U.S. Container Volume Drops 45% Amid Tariff Tensions

The U.S.-China trade war is inflicting severe damage on the real economy. The volume of China-originated containers bound for the...
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Post USTR Policy: The Newbuilding Ordering Enigma

Post USTR Policy: The Newbuilding Ordering Enigma

Newbuilding activity is expected to face a period of transition following the USTR policy decision. In its latest weekly report,...
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Capital Group Invests in KONGSBERG’s K-Sim Engine and -Cargo Simulators for New Training Center in Chios, Greece

Capital Group Invests in KONGSBERG’s K-Sim Engine and -Cargo Simulators for New Training Center in Chios, Greece

Kongsberg Maritime has secured a contract with Capital Group, Greece, to deliver advanced K-Sim Engine Room and Cargo simulators for...
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Modernizing Mooring: A leap of faith or a strategic advantage?

Modernizing Mooring: A leap of faith or a strategic advantage?

As ports contend with rising trade volumes, stricter environmental regulations, and increasing expectations for operational efficiency, long-standing practices are coming...
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Artificial Intelligence Not Intelligent Enough To Diagnose Engine Problems – Yet!

Artificial Intelligence Not Intelligent Enough To Diagnose Engine Problems – Yet!

Condition Monitoring Technologies (CMT) has cautioned against placing sole reliance on artificial intelligence in ship condition monitoring, warning that human...
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Commercial Impracticability and Frustration of Shipping Agreements in Uncertain Times

Commercial Impracticability and Frustration of Shipping Agreements in Uncertain Times

Highlights Long-term and short-term vessel agreements and contracts alike are sometimes impacted by unforeseeable and economically burdensome actions taken by...
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India boosts buying of Russia’s ESPO oil in April as Chinese demand eases

India boosts buying of Russia’s ESPO oil in April as Chinese demand eases

India increased purchases of ESPO Blend oil from Russia in April to the highest level since August 2024 amid weaker...
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Prospect of Binding Global Rules on Biofouling Management

Prospect of Binding Global Rules on Biofouling Management

IMO approves new recom­men­da­tions for underwater management of biofouling on ship hulls and takes important steps towards binding international regulations....
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Vitol launches new FuelEU compliant co-processed VLSFO offering for marine customers

Vitol launches new FuelEU compliant co-processed VLSFO offering for marine customers

Vitol Bunkers is to offer customers FuelEU compliant co-processed bunkering fuel. The fuel is being produced by Vitol’s refinery in...
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Asia Fuel Oil Markets stable in thin trading momentum

Asia Fuel Oil Markets stable in thin trading momentum

Fuel oil markets were largely stable in Asia on Monday against a backdrop of thin trading momentum, while spot tender...
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New S&P Global Report: Liner Shipping Supports $1.1 Trillion in U.S. GDP and 6.4 Million American Jobs

New S&P Global Report: Liner Shipping Supports $1.1 Trillion in U.S. GDP and 6.4 Million American Jobs

New analysis from S&P Global, released Monday by the World Shipping Council, highlights the critical role of the liner shipping...
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Greek shippers return to Russian oil market as prices slip below G7 cap, sources say

Greek shippers return to Russian oil market as prices slip below G7 cap, sources say

Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western price cap of $60...
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New bunker regulations in the Mediterranean Sea disrupt traditional VLSFO usage

New bunker regulations in the Mediterranean Sea disrupt traditional VLSFO usage

From May, the Mediterranean Sea is becoming the fifth Emission Control Area (ECA) globally, following the Baltic, North Sea, North...
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Baltic index rises to three-week high as larger vessel rates firm

Baltic index rises to three-week high as larger vessel rates firm

The Baltic Exchange’s dry bulk sea freight index rose to scale an over-three-week high on Monday due to an increase...
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India’s Prime Minister calls on steel industry to seek alternatives to imported coking coal

India’s Prime Minister calls on steel industry to seek alternatives to imported coking coal

Indian Prime Minister Narendra Modi urged the domestic steel industry to find alternatives for the key steel making raw material...
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Asian spot LNG prices hold at 1-year low as demand remains tepid

Asian spot LNG prices hold at 1-year low as demand remains tepid

Prices of Asian spot liquefied natural gas (LNG) inched up this week amid production outages in Asia and Europe, but...
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Black Sea may hold back world wheat supplies into 2026

Black Sea may hold back world wheat supplies into 2026

The global wheat market narrative has recently shifted, though it’s easy to have missed it. Exportable world wheat supplies in...
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Kpler completes acquisition of Spire Maritime, strengthening maritime intelligence capabilities

Kpler completes acquisition of Spire Maritime, strengthening maritime intelligence capabilities

Kpler, a provider of intelligence tools for trade, is pleased to announce the successful closing of its acquisition of Spire...
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EU to present roadmap in May to phase out all imports of Russian fossil fuels

EU to present roadmap in May to phase out all imports of Russian fossil fuels

The European Commission will in the next two weeks present a roadmap on how it intends to phase out all...
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Xeneta Weekly Ocean Container Shipping Market: Global Trade Patterns Changes Are Impacting Ocean Freight Rates

Xeneta Weekly Ocean Container Shipping Market: Global Trade Patterns Changes Are Impacting Ocean Freight Rates

Data highlight 1: China and Vietnam comparison Average spot rates into US West Coast on 16 March 2025 From China:...
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