News Flash

Seawork launches a new membership for commercial marine professionals

Seawork launches a new membership for commercial marine professionals

Seawork, Europe’s leading commercial marine exhibition, is excited to launch its exclusive Seawork Membership, designed to give maritime professionals a...
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Why Genco’s CEO Is Considering Pulling Out of U.S. Ports

Why Genco’s CEO Is Considering Pulling Out of U.S. Ports

John Wobensmith, CEO of Genco Shipping and Trading Limited, knows the company’s business can’t keep up with the United States...
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Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships

Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships

Queensland’s ship design group Seatransport and Houston-based Deployable Energy are collaborating with Lloyd’s Register (LR) to develop nuclear power generation...
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Container Freight Volatility Rises Amid Trade Disruptions

Container Freight Volatility Rises Amid Trade Disruptions

The container freight market is undergoing significant changes that could have major implications for global trade flows. The latest report...
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Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations

Danelec and Aage Hempel Strengthen Global Partnership with New Agreement Covering Nine Locations

Danelec, a global leader in maritime data solutions, has reinforced its long-standing partnership with Aage Hempel by signing a new...
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Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization

Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonization

Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement marks a major step in Svitzer’s...
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US-China tariff hikes affect Polish container terminal sale

US-China tariff hikes affect Polish container terminal sale

When the Gdynia Container Terminal (GCT) on Poland’s Baltic coast was taken over by Hong Kong-based Hutchison Ports in 2005...
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Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours

Customs ‘glitch’ impacting Trump tariffs fixed after lasting for more than 10 hours

As a meeting of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 83) closes today, the Clean Arctic...
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Tankers: VLCC Market Keeps Trending Downwards

Tankers: VLCC Market Keeps Trending Downwards

Clean LR2 MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS250 to WS130.28 and a...
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International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future

International Maritime Organization climate talks fall short, groups still optimistic about clean shipping future

The International Maritime Organization (IMO) concluded its latest round of climate negotiations without reaching a consensus on critical measures to...
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Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn

Estonian authorities detain Russian ‘shadow fleet’-linked oil tanker near Tallinn

Estonia detained a Russian-linked oil tanker near Tallinn for maritime law violations. The Kiwala, which authorities claim is part of...
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BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation

BAR Technologies’ WindWings: A Practical Solution Amidst MEPC 83’s Compromised Net-Zero Framework and Mediterranean ECA Implementation

In the wake of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) 83rd session, which concluded with a...
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XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April

XENETA: Average spot rates from Far East to US East Coast and US West Coast remain flat since uptick on 1 April

Data highlights: • Average spot rates from Far East to US East Coast and US West Coast remain flat since...
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IMO approves net-zero regulations for global shipping

IMO approves net-zero regulations for global shipping

The International Maritime Organization (IMO) has achieved another important step towards establishing a legally binding framework to reduce greenhouse gas...
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Phase-out of fossil fuels in shipping begins in earnest: IMO measures unlikely to reach GHG reduction targets, but close the LNG business case and send clear long run signal for hydrogen-derived fuels

Phase-out of fossil fuels in shipping begins in earnest: IMO measures unlikely to reach GHG reduction targets, but close the LNG business case and send clear long run signal for hydrogen-derived fuels

The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement on mid-term measures that does not...
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Oil Demand Headwinds Could Take a Toll on Tankers

Oil Demand Headwinds Could Take a Toll on Tankers

The tanker market could be faced with increased pressure, amid a trade war and tariff-hit global economic landscape. In its...
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HD Hyundai and Hanwha Eye Acquisition of Subic Shipyard in Strategic Southeast Asia Expansion

HD Hyundai and Hanwha Eye Acquisition of Subic Shipyard in Strategic Southeast Asia Expansion

It was revealed that HD Hyundai and Hanwha Group are considering a proposal to acquire the Subic Shipyard in the...
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Korean shipbuilders gear up as Trump suggests U.S. may buy warships

Korean shipbuilders gear up as Trump suggests U.S. may buy warships

U.S. President Donald Trump on Thursday said the United States could order advanced vessels from allied nations, sending Korea’s shipbuilders...
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SSA Marine Expands Investment in Termont Montreal Inc.

SSA Marine Expands Investment in Termont Montreal Inc.

SSA Marine, one of the world’s leading independent marine terminal operators and the largest container terminal operator in the Americas,...
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Vopak signs agreements for a new debt issuance of around EUR 560 million equivalent

Vopak signs agreements for a new debt issuance of around EUR 560 million equivalent

Royal Vopak announces the signing of Note Purchase Agreements for a debt issuance in the US Private Placement (USPP) market...
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