News Flash

DNV launches class notations to provide framework for safe development of autonomous shipping technologies

DNV launches class notations to provide framework for safe development of autonomous shipping technologies

DNV has launched a new family of class notations, Autonomous and Remotely Operated Ships (AROS), providing a framework for how...
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HSFO 380-cst premium closes at over one-month high

HSFO 380-cst premium closes at over one-month high

Cash premium for 380-cst high sulphur fuel oil (HSFO) closed at its highest in more than a month on Friday,...
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Baltic index logs second straight weekly fall on weak rates across segments

Baltic index logs second straight weekly fall on weak rates across segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a one-week...
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Daphne Technology and Williams Secure DOE Grant to Advance Methane Emission Reduction Technology

Daphne Technology and Williams Secure DOE Grant to Advance Methane Emission Reduction Technology

Daphne Technology, in partnership with Williams, is pleased to announce the award of a grant worth nearly $6M from the...
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Russia’s oil exports fell in 2024, but revenue rose $3.8 billion, IEA says

Russia’s oil exports fell in 2024, but revenue rose $3.8 billion, IEA says

Russia’s crude oil and oil products exports fell 350,000 barrels per day last year, though revenue from its exports rose...
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Shandong ports likely to start discharging sanctioned ships amid exemption

Shandong ports likely to start discharging sanctioned ships amid exemption

The Longkou port in China’s Shandong province has discharged Russian crude barrels from a sanctioned ship, which was with an...
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Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire

Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire

Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope...
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MARTECMA: “Strength lies in unity” for the Marine Technical Managers Association

MARTECMA: “Strength lies in unity” for the Marine Technical Managers Association

In the midst of rapid changes in the regulatory framework, a multitude of technical challenges and ongoing technological developments, the...
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First-ever Ammonia and Propane Co-loaded Vessel Completes Voyage from US to Europe

First-ever Ammonia and Propane Co-loaded Vessel Completes Voyage from US to Europe

Trafigura, a market leader in the global commodities industry, in collaboration with CF Industries, the world’s largest producer of ammonia,...
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Artificial Intelligence Is Empowering Shipowners To Tackle New Safety Management Challenges

Artificial Intelligence Is Empowering Shipowners To Tackle New Safety Management Challenges

The maritime industry is undergoing a digital transformation, and one of the key innovations making waves is the integration of...
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Tanker under US sanctions discharges oil at Chinese port, LSEG data shows

Tanker under US sanctions discharges oil at Chinese port, LSEG data shows

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group...
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Dark Fleet, Decarbonization And Geopolitical Pressures Remain Top Maritime Focus Areas in 2025

Dark Fleet, Decarbonization And Geopolitical Pressures Remain Top Maritime Focus Areas in 2025

Secretary-General Arsenio Dominguez has highlighted several areas high on the agenda of the International Maritime Organization (IMO), as it embarks...
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Baltic index down for third straight session on lower capesize, supramax rates

Baltic index down for third straight session on lower capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a...
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Port Hedland Iron Ore Exports Down 4% in December 2024

Port Hedland Iron Ore Exports Down 4% in December 2024

Pilbara Ports delivered a total monthly throughput of 66.2 million tonnes (Mt) for December 2024. The Port of Port Hedland...
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Marine Fuel Provider Uni-Fuels Holdings Limited Announces Pricing of Its Initial Public Offering

Marine Fuel Provider Uni-Fuels Holdings Limited Announces Pricing of Its Initial Public Offering

Uni-Fuels Holdings Limited, a global provider of marine fuel solutions for shipping companies headquartered in Singapore, announced today the pricing...
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Lloyd’s Register OneOcean launches Risk Manager FuelEU

Lloyd’s Register OneOcean launches Risk Manager FuelEU

Risk Manager FuelEU helps users understand their compliance status and manage their FuelEU strategy. Lloyd’s Register OneOcean (LR OneOcean) has...
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Marine fuel sales at Singapore bunker hub hit record highs in 2024

Marine fuel sales at Singapore bunker hub hit record highs in 2024

Marine fuel sales reached fresh highs at the world’s largest bunker hub of Singapore in 2024, official data showed on...
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India-Russia term deal talks for crude oil on hold amid sanctions

India-Russia term deal talks for crude oil on hold amid sanctions

Discussions on a term deal for crude oil purchases from Russia have ground to a halt in the wake of...
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Asia Fuel Oil: Spot premiums extend climb; market eyes volatile HSFO trend

Asia Fuel Oil: Spot premiums extend climb; market eyes volatile HSFO trend

Spot premiums for fuel oil inched further up on Wednesday, while the market expects volatile trading to persist for high...
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Risks from unregulated tanker fleet rising, UN shipping chief says

Risks from unregulated tanker fleet rising, UN shipping chief says

The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both...
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