News Flash
Newbuilding Activity Takes a Breather During 2025
Newbuilding contracting activity has taken a step back so far in 2025, especially when compared to the past couple of...
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China drives 6% drop in global coal shipments
“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo...
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Tariffs and trade tensions dominate global shipping in first half of 2025
New US tariffs and escalating global trade tensions have reshaped vessel markets in the first half of 2025, curbing investment...
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India aims to import about 10% of its cooking gas from US from 2026, say sources
India plans to source about 10% of its cooking gas imports from the U.S. beginning in 2026 as part of...
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Korean Government Requests U.S. to Exempt Car Carrier Ships from Entry Fee
The Korean government has officially requested the United States to exempt car carrier ships from the newly announced entry fee,...
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Everllence Celebrates 1,000th ME-GI engine; Milestone Unit goes to Hapag-Lloyd
At a ceremony at Hapag-Lloyd’s headquarters in Hamburg, Dr Uwe Lauber, CEO of Everllence, presented Hapag-Lloyd’s CEO, Rolf Habben Jansen,...
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IACS progress on safe decarbonization and safe digital transformation highlighted at Council meeting in Beijing
The IACS Council met in Beijing last week (C91) to assess and advance the Association’s progress on the safe decarbonization...
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Rising Demand for Thai Parboiled Rice in West Africa as Price Gap with India Narrows
Demand for Thai parboiled rice is emerging in the West African market, as the price difference between Thai and Indian...
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Anemoi Unveils State-of-the-Art Rotor Sail Production Facility in China, Marking Major Leap in Wind Propulsion Technology
Anemoi Marine Technologies, a global leader in wind propulsion solutions, is proud to announce the official opening of its new...
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A Stack of Reasons for Continuous Emissions Monitors in Shipping – Why understanding the challenges faced by Ship Owners/Operators is so important
Driven by tightening global regulations, emissions monitoring systems are emerging as a critical investment for shipowners and charterers, but operating...
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Red Sea disruptions reshaping global bunker demand as ships navigate longer routes
Global shipping markets underwent a dramatic shift last year and so far in 2025, as escalating maritime security threats in...
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Orders for Container Ships on the Rise
Orders for container ships were on the rise last week. In its latest weekly report, shipbroker Banchero Costa said that...
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From S57 to S-100: Charting a smarter future for shipping
When the International Hydrographic Organization (IHO) introduced S-57 in 1992, it marked a milestone in maritime history. For the first...
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Houthis say they sank Greek bulk carrier off Yemen
Yemen’s Iran-aligned Houthi militants claimed responsibility on Monday for a drone and missile attack on a Greek-operated bulk carrier in...
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Dry Bulk Market: China’s Coal Imports Could Keep Declining
China’s coal import policy is shifting and this could impact the dry bulk market. In its latest weekly report, shipbroker...
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Philippine nickel ore ban reversed, what are the impacts?
The Philippine government sought to introduce a ban on nickel ore exports from 2030 to enhance domestic processing capabilities and...
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Kinetics and Mitsui O.S.K. Lines Sign MOU to Develop World’s First Integrated Floating Data Center Platform
Mitsui O.S.K. Lines, Ltd. (MOL), one of the world’s leading shipping companies, has signed a Memorandum of Understanding (MOU) with...
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US signals trade announcements imminent as deadline looms
The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday,...
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Lawmaker advocates S. Korea for US ship repairs, citing strategic gains
The Korea-U.S. alliance should move beyond its traditional military framework and develop into a broader economic and maritime partnership, according...
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INTERCARGO condemns attack on bulk carrier Magic Seas, calls for urgent action to protect seafarers
The International Association of Dry Cargo Shipowners (INTERCARGO) has condemned the recent armed attack on the Magic Seas, a bulk...
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