News Flash

Republic of the Marshall Islands Achieves 22 Consecutive Years of QUALSHIP 21 Recognition

Republic of the Marshall Islands Achieves 22 Consecutive Years of QUALSHIP 21 Recognition

The Republic of the Marshall Islands (RMI) Registry’s long-term and consistent commitment to high quality shipping continues to be recognized...
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G7 finance ministers call for reopening of Strait of Hormuz

G7 finance ministers call for reopening of Strait of Hormuz

Finance ministers from the Group of Seven nations issued a joint statement on Tuesday addressing global economic risks and calling...
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A Perfect Storm Forecast for Posidonia 2026: Wind Propulsion, International Shipping, and the Energy Transition

A Perfect Storm Forecast for Posidonia 2026: Wind Propulsion, International Shipping, and the Energy Transition

The global maritime industry’s accelerating return to wind-powered shipping will take centre stage at this year’s Posidonia exhibition in Athens,...
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NATO mulls Hormuz intervention amid economic pressure

NATO mulls Hormuz intervention amid economic pressure

NATO is discussing potential military assistance for ships passing through the blocked Strait of Hormuz if the waterway remains closed...
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Baltic Dry Index Down for 3rd Day

Baltic Dry Index Down for 3rd Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for the...
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Samsung Heavy tops last year as LNG ship orders surge in South Korea

Samsung Heavy tops last year as LNG ship orders surge in South Korea

Samsung Heavy Industries said on the 18th that it won an order worth 1.1242 trillion won for three liquefied natural...
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Fuel shortages raise concerns over fuel tank levels on car carriers

Fuel shortages raise concerns over fuel tank levels on car carriers

The conflict in the Middle East and resulting fuel shortages have led to questions within the shipping industry about whether...
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Columbia Group takes on management of three AFRAMAX newbuildings following appointment letter with ZSFL, marking next step in strategic collaboration

Columbia Group takes on management of three AFRAMAX newbuildings following appointment letter with ZSFL, marking next step in strategic collaboration

Columbia Group has expanded its partnership with the fast-evolving Zhejiang Seaport Financial Leasing Co Ltd (ZSFL) after being appointed to...
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ZESTAs Launches Global Liquid Hydrogen Alliance to Accelerate Zero-Emission Shipping

ZESTAs Launches Global Liquid Hydrogen Alliance to Accelerate Zero-Emission Shipping

The Zero Emissions Ship Technology Association (ZESTAs) today launched the Global Liquid Hydrogen Alliance (Alliance), a new international platform dedicated...
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Ship managers face rising litigation exposure as US$2.5 million claim highlights risk of inherited ship conditions

Ship managers are facing increasing litigation risks that are linked to inherited ship conditions, highlighted after a recent incident in...
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Indian subcontinent ship recycling market hits rare May supply squeeze

Indian subcontinent ship recycling market hits rare May supply squeeze

The Indian subcontinent (especially India and Pakistan) ship recycling market has entered a rare period of inactivity, with Wirana Shipping’s...
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Does timing matter when selling FuelEU surplus?

Does timing matter when selling FuelEU surplus?

Selling FuelEU compliance surplus early offers lower risk. Waiting until the end of the pooling year could deliver higher payoffs,...
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Baltic Dry Index Falls to Near 1-Week Low

Baltic Dry Index Falls to Near 1-Week Low

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for a...
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Genco Shipping & Trading Limited Sends Letter to Shareholders from Chairman and CEO John Wobensmith

Genco Shipping & Trading Limited Sends Letter to Shareholders from Chairman and CEO John Wobensmith

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today sent...
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Diana Shipping Inc. Cautions of Significant Downside Risk in Genco’s Share Price

Diana Shipping Inc. Cautions of Significant Downside Risk in Genco’s Share Price

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is...
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From disruption to possibility: how ocean shippers can provide agility and long-term resilience

From disruption to possibility: how ocean shippers can provide agility and long-term resilience

Global trade is in an era defined more by uncertainty than stability. Tariffs, evolving regulations, geopolitical unrest, and even the...
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Panama Canal schedules June maintenance as backlogs, higher auction rates emerge

Panama Canal schedules June maintenance as backlogs, higher auction rates emerge

The Panama Canal has scheduled maintenance on the east lane of the Gatun Locks from 9-17 June as the waterway...
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Korean shipbuilders speed orders on LNG, tankers, lift margins

Korean shipbuilders speed orders on LNG, tankers, lift margins

Korea’s major shipbuilders have filled about half of their key order targets in just over four months this year. As...
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What does AI-powered actually mean in Shipfix

What does AI-powered actually mean in Shipfix

In 2018, the shipping and commodity trading world had no shortage of headlines. The U.S.-China trade war was reshaping global...
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Platts Iron Ore Index: Anchoring pricing clarity in a changing market

Platts Iron Ore Index: Anchoring pricing clarity in a changing market

Introduction Over nearly two decades, the Platts Iron Ore Index (IODEX) has developed, supported by the industry, into a benchmark...
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