News Flash
New Report Shows That Green Shipping Corridors Will Need Additional Support Under A Global Fuel Standard
Under current and prospective policies from the IMO, EU, and US, the business case for green shipping corridors could improve...
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Saudi Red Sea Authority and Ministry of Municipalities and Housing Sign MoU to Enhance Marina Development
The Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with the Ministry of Municipalities and Housing...
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Dry Weekly Market Monitor: Cyclone Disruptions Hit Australian Iron Ore Exports
The sharp decline in Australian dry bulk flows in early 2025, as depicted in the data, can be directly linked...
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Ship Recycling Market Still Facing Challenging Conditions
The ship recycling market has kept on facing a challenging landscape. In its latest weekly report, Best Oasis, a leading...
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Econowind Receives One Million Euros Investment To Harness The Wind For Deep-Sea Shipping
Dutch company Econowind, based in Zeewolde, has secured €1 million in development capital from Invest International to advance and test...
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Wärtsilä Lifecycle Agreement to ensure operational reliability for 14 vessels in CMA Ships fleet
Technology group Wärtsilä has signed a Lifecycle Agreement with CMA Ships, a subsidiary of leading French shipping company CMA CGM....
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ENGINE: East of Suez Bunker Fuel Availability Outlook
Singapore and Malaysia Bunker demand has been slow in Singapore over the past two weeks, according to a source. VLSFO...
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Blue waters, green vessels: ING aims to be a catalyst for shipping decarbonization
The global economy relies on shipping, more than 80% of the world’s traded goods are transported by ships. ING’s Shipping...
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HSFO spot premiums dip but backwardation holds
Spot premiums for high sulphur fuel oil (HSFO) eased further in Asia on Tuesday, although backwardation retained its strength in...
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Dry Bulk Shipping: Handysize Ships Heading Lower
Handysize ships’ prices are trending higher, despite an overall lackluster freight market sentiment. In its latest weekly report, shipbroker Intermodal...
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ICS Latest Flag State Performance Table Shows The World’s Largest Flag State Administrations Continuing To Demonstrate High Levels Of Performance
The International Chamber of Shipping (ICS) has issued its annual Flag State Performance Table for 2024/25, a key resource for...
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Unsworth sails into Liverpool: A strategic expansion into the Northwest
Unsworth, a trusted name in freight forwarding and customs brokerage for over 50 years, has started 2025 with a bang,...
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Decarbonisation leaders firm up commitment to cultivate trust in ammonia as a marine fuel
With the maritime industry under pressure to reduce carbon emissions, ammonia is gaining popularity as a promising alternative fuel. However,...
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Baltic index hits one-month high on stronger rates across vessels
Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a...
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Drone strike hits Chevron, Exxon oil exports via Russia
A drone strike has hit a pumping station on a oil pipeline in Russia, reducing flows from Kazakhstan to world...
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DP World’s Pioneering Carbon Inset Programme Registers Over 100,000 Containers
The world’s first container port Carbon Inset Programme has registered more than 100,000 TEUs worth of import laden containers by...
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Kongsberg Maritime secures contract to equip Bibby Marine’s groundbreaking eCSOV
Kongsberg Maritime has won a major contract to supply an integrated package of equipment for Bibby Marine’s new eCSOV, the...
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Maersk and Cochin Shipyard partner to explore ship repairs and shipbuilding activities in India
Maersk (Maersk) and Cochin Shipyard Limited (CSL) today announced the signing of a Memorandum of Understanding (MoU) to explore collaboration...
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UAE’s Fujairah marine fuel sales extend monthly climb but log yearly fall in January
Marine fuel sales at the United Arab Emirates’ Fujairah, a key bunker hub in the Middle East, extended gains for...
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South Korean shipbuilders eye overseas production as domestic yards reach capacity
South Korean shipbuilders, backed by extensive orderbooks, are weighing offshore production options as domestic shipyards operate at full capacity. With...
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