News Flash

MOL Completes Large-scale Renovation of Technical Research Center- Creating a Future-oriented Research Center Combining Sustainability and Workstyle Balance

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the completion of a large-scale renovation of the...
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Auto Carrier Market Correction Signals New Phase of Stability

The first half of 2025 marked a turning point for the car carrier market, with rates and values continuing to...
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How to sail through your wind-assist retrofit

Three recent bulk carrier projects show how LR’s approach keeps wind conversions on schedule and in compliance – and how...
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Special Focus: Supramax & Panamax Coal Cargo Flow Trends from Indonesia

In 2025, Indonesia’s role as a key supplier of Supramax and Panamax coal cargoes is under pressure due to shifting...
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The new energy equation: Why LNG is vital to the future of supply chains

A major trend in the global energy landscape today is the ongoing recalibration of supply chains, driven by shifting geopolitical...
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Have we seen Powell’s last rate cut as Fed chair?

Have we seen Powell’s last rate cut as Fed chair?

Federal Reserve Chair Jerome Powell made it clear that the resilient U.S. labor market is currently the primary determinant of...
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US-EU trade deal: What is it – and what does it mean for European competitiveness?

US-EU trade deal: What is it – and what does it mean for European competitiveness?

After weeks of wrangling, US President Donald Trump and European Commission President Ursula von der Leyen announced this week that...
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China’s soymeal glut raises demand doubts ahead of US soybean export season

China’s soymeal glut raises demand doubts ahead of US soybean export season

China’s appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports...
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How to reconcile CO₂ reduction targets with the efficiency of logistics operations?

How to reconcile CO₂ reduction targets with the efficiency of logistics operations?

Implementing CO₂ emission reduction solutions is becoming a key element of the development strategy for many companies. More and more...
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Green methanol bunkering a positive step

Green methanol bunkering a positive step

Hong Kong holds a significant position in the international shipping industry while this thriving sector also contributes to substantial greenhouse...
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US sanctions force vessels with Russian oil to divert from India, sources say

At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new...
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Escalating sanctions on Russian and Iranian oil: Implications for the tanker market

The recent tightening of sanctions enforcement on Iranian and Russian oil by the US and EU may lead to notable...
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Dry Bulk Market: Capesizes Endure Hard Week of Downside

Capesize The gains in the Capesize time charter average from last week were reversed, with the 5TC closing at $27,331...
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How To Maximise The Earning Potential Of Your Aging Bulker Fleet

How To Maximise The Earning Potential Of Your Aging Bulker Fleet

The global bulk carrier fleet is aging. With a 12% annual increase in carriers aged 21 years or older and...
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Pan Ocean’s Q2 Operating Profit at 123 Billion Won, Down 9% Year-on-Year

Pan Ocean announced on July 31 that its sales for the first half of this year increased by 21.6% year-on-year...
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GTT completes the acquisition of Danelec and strengthens its leadership in maritime digitalization

GTT, a technology and engineering group specialising in containment systems for liquefied gases, today announced the completion of its acquisition...
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Panama communities challenge canal expansion project in Supreme Court

Panama communities challenge canal expansion project in Supreme Court

Communities in Panama that would have to relocate under the Panama Canal’s plan to build a $1.6 billion reservoir filed...
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Russian LNG exports fell 4.5% year-on-year in January-July, data shows

Russia’s exports of liquefied natural gas in January-July this year declined by 4.5% from a year earlier to 17.1 million...
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Eco Marine Power Launches Evaluation of Advanced Solar Power System and Solar Module Technologies Onboard Ship

Eco Marine Power Co., Ltd. (Eco Marine Power) announced today that it has commenced evaluation trials of its updated solar...
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VLSFO softens further, hi-5 spread narrows

Asia’s very low sulphur fuel oil (VLSFO) market continued to weaken on Friday, while the hi-5 spread narrowed from the...
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