News Flash
NYK Reaches an Agreement on Acquisition of Kadmos, an Innovative End-to-end Salary Payments Platform for Seafarers
Nippon Yusen Kabushiki Kaisha (NYK) has reached an agreement to acquire 100% of Kadmos Holding GmbH (Kadmos), a global end-to-end...
Read More
Ship collision risks heighten as congestion builds-up in Persian Gulf
Persian Gulf shipping faces severe congestion as GPS jamming has increased the risk of collisions, while escalating regional tensions force...
Read More
Seafarers must not be made scapegoats in criminal investigations without evidence, says InterManager
The threat of prosecution from a criminal investigation should never be held against an individual seafarer where there is no...
Read More
Hong Kong Convention and how to obtain IHM certification for ship recycling
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) enters into force on 26...
Read More
Cost volatility in shipping – a growing risk for shippers
Spot rates on the East-West routes are the most volatile; rates on intra-Asia routes the most stable. So, what are...
Read More
Wärtsilä hybrid propulsion solution to optimise efficiency and enable zero emissions for four new Dutch vessels
Technology group Wärtsilä will supply an integrated hybrid propulsion solution for four new 10,700 DWT geared tween decker vessels being...
Read More
MOL Group to Participate in Maritime Innovation Accelerator Program for Startups- Driving Innovation in the Shipping Industry and Strengthening Support for Startups
Mitsui O.S.K. Lines, Ltd. announced that its Singapore Sub-Headquarters, MOL (Asia Oceania) Pte. Ltd. (MOLAO; Managing Director: Sakura Kuma; Headquarters:...
Read More
Discounts deepen on Iranian oil in China as struggling teapots slow buying
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as...
Read More
ABS Chairman and CEO Urges Greek Maritime Leaders to Align Strategy with Regulation, Technology, and Safety
“Every owner’s playbook needs to keep a line of sight on three things – regulation, technology readiness timelines and boundary...
Read More
Spoof vessel signals pose challenge to Middle East LNG transit
Much focus from energy companies tracking hostilities between Israel and Iran has been on higher oil, gas and LNG prices...
Read More
VLCC Tanker Market Riding the Wave of Middle East Tensions
Clean LR2 LR2’s in the MEG saw the inevitable spike this week. The TC1 75kt MEG/Japan index sailed up 91.95...
Read More
US urges China to dissuade Iran from closing Strait of Hormuz
U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait...
Read More
DNV: Ageing fleet driving increase in incidents
A clear uptick in casualties in 2024, driven by machinery damage/failure and an ageing fleet, stands out in the latest...
Read More
Dry Bulk Market: Capesize Market on the Back Foot Last Week
Capesize The Capesize market trended downward this week, with sentiment consistently softening, particularly in the Pacific. C5 rates came under...
Read More
Tanker Market Caught in War and Geopolitics “Fever”
With the threat of the closure of the Hormuz Strait gaining substantial ground after the weekend’s developments, it’s safe to...
Read More
Commodities strengthen into midyear as demand for hard assets heat up
The commodities sector is closing in on a strong first half of 2025, with the Bloomberg Commodity Total Return Index...
Read More
Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict
Asian refiners have requested more term crude oil supplies loading in August and September from producers in the Middle East...
Read More
The EU Port Strategy should include a State Aid Framework for ports that boosts the competitiveness of the sector and enables it to reach EU objectives
The EU Port Strategy should include a State Aid Framework for ports that boosts the competitiveness of the sector and...
Read More
Britannia P&I Club and HFW Join Forces To Provide Guidance On Evolving Maritime Emissions Regulations As Industry Goes Through Major Upheaval
Britannia P&I Club has worked with leading global law firm HFW to produce a series of articles highlighting the latest...
Read More
Hoegh Sunrise named in Japan as Aurora Class redefines deep-sea shipping standards
Today, shipping accounts for approximately 3% of global emissions, with 90% of those emissions originating from deep-sea transportation. There is...
Read More
Recent News
Subsea Cable Surveys Are Converging on the Same Behavioral Signature:
Saudi Aramco halts crude oil supply to European customers:
World’s First Ship-to-Ship Ammonia Bunkering to an Ammonia-Fueled Vessel
Yanbu pipeline attack ripples across crude, freight and gas markets:
Rhine water levels approach zero, threaten barge transport: