News Flash
LR joins LOWNOISER project to help protect marine ecosystems from underwater noise pollution
Lloyd’s Register (LR) has joined the LOWNOISER project, a new initiative aimed at tackling underwater noise pollution caused by maritime...
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NS United Kaiun Kaisha, Ltd. Partners with Idwal to Enhance Fleet Quality Through Independent Condition Monitoring
Idwal is pleased to welcome NS United Kaiun Kaisha, Ltd. (NSU) as the latest partner to Idwal ID, our comprehensive...
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Alfa Laval to acquire NRG Marine to offer innovative ultrasonic anti-fouling solutions to its customers
Alfa Laval has signed an agreement to acquire NRG Marine, a leading provider of ultrasonic anti-fouling solutions for marine, oil and gas,...
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HSFO cracks get boost, though market eyes mixed drivers
Refining cracks for high sulphur fuel oil (HSFO) firmed in Asia on Wednesday, though trade sources eyed mixed drivers that...
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Hapag-Lloyd says it can cope with U.S.-China tariffs
Container shipping liner Hapag-Lloyd will be able to cope with the advent of U.S. tariffs on Chinese products, its chief...
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Baltic Index Rises As Panamax, Supramax Segments Log Gains
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for...
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There is no boredom at sea: about changes in maritime business in 2025
Maritime freight plays a key role in global trade. According to the IMO (International Maritime Organization), about 80-90% of global...
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LNG shipping rates plunge on increasing vessel availability
Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the...
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Asia Distillates: Markets slip further; traders eye east-west spreads
Asia’s middle distillates markets fell as prompt paper activity continued to record a sell-off ahead of contract expiration next week,...
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U.S. coal exports reached a six-year record in June 2024
Gross U.S. coal exports in June 2024 totaled 10 million short tons, the most in a month since October 2018,...
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Lloyd’s Register (LR) has introduced its first class notation for fin stabilisers.
For decades, fin stabilisers have been considered a ‘nice to have’ feature rather than an essential component of a ship....
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China kills energy trade with the US, but initial impact is limited
The trade in crude oil, liquefied and coal between the United States and China is effectively dead after Beijing responded...
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Corvus ESS will power the world’s first fully electric Offshore Vessel
Corvus Energy, the leading supplier of zero emission solutions for the offshore and marine industry, is proud to announce that...
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Hapag-Lloyd’s Ship Green: Leading the way into more sustainable shipping
Hapag-Lloyd’s Ship Green product offers businesses an innovative way to reduce their emissions footprint using sustainable biofuels, achieving over 200,000...
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High sulphur fuel premiums extend declines
Spot premiums for Asia’s high sulphur fuel oil (HSFO) market extended declines on Tuesday as softer offers emerged, while broader...
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Europe soaked up nearly all US LNG exports last month, data show
U.S. exports of liquefied natural gas (LNG) to Europe jumped in January as cold weather drove up demand and prices...
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Trump’s China import tariffs on top of massive ocean freight rate increases due to conflict in Red Sea are perfect storm for US shippers, analysts warn
A delay in tariffs on Mexico imports does little to ease the pain for US shippers still facing a 10%...
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Baltic index extends gain as panamax, supramax rates firm
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for...
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CORE POWER and Glosten Team to Bring Floating Nuclear Power Plant to US Ports
CORE POWER (US) Inc has enlisted naval architecture and marine engineering firm Glosten to help their team design a floating...
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Singapore to become key hub for Europe-Asia cargo under Maersk, Hapag-Lloyd alliance
The Republic will serve as a key hub in a new ocean network formed under an alliance between two major...
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