News Flash
Panama Canal Operational Strategies Presented at the International Investors Forum
The 2025 Investors Forum, organized by the Latin American Stock Exchange (LATINEX), analyzed the economic and operational strategies of the...
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China’s falling iron ore demand is only half the story
With Chinese steel demand now dropping faster than expected, the outlook for Australian iron ore – and its impact the...
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New shipping routes dodge carbon costs along with Red Sea risks, according to Concordia research
The political and military instability in the Red Sea and eastern Mediterranean has forced global shipping companies to reroute cargo...
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Asia-USEC container rates plunge by 20% as shippers avoid possible ILA strike
Average global rates for shipping containers fell significantly this week, including a 21% decrease from Shanghai to New York, as...
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Tanker Market: VLCCs on the Rise
Clean LR2 MEG LR2s made gains this week, with the rate for TC1 (75Kt MEG/Japan) recovering 4 points to WS126.11...
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Even After Houthi Attacks, Russia-Linked Tankers Return to Red Sea
The maritime incidents involving oil tankers in the Red Sea highlight significant risks for vessels transporting Russian oil, especially given...
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Premier Alliance to Cooperate with MSC in Asia – Europe Trade
Yang Ming Marine Transport Corp. (“Yang Ming”), a member of Premier Alliance, is pleased to announce the slot exchange cooperation...
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Plymouth Marine Laboratory joins Seabed 2030 to advance understanding of the global ocean
The Nippon Foundation-GEBCO Seabed 2030 Project has entered into a new partnership with Plymouth Marine Laboratory (PML), a leading UK-based...
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Shipping lenders’ climate risk exposure
Lenders to shipping are increasingly considering climate performance when setting loan margins, a study has found. However, their focus remains...
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Globus Maritime Limited Reports First Half Net Income of $17.2 Million
Globus Maritime Limited, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and...
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Cargo Integrity Group reminds of the need for accurate and reliable emergency contact information
The Cargo Integrity Group is issuing an urgent reminder of the need for an emergency contact telephone number to be...
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JX, NYK, and KNCC Jointly Conduct Demonstration Experiment of Elevated Pressure (EP) Method in CO2 Liquefaction and Storage Process
On August 28, JX Nippon Oil & Gas Exploration Corporation (JX), Nippon Yusen Kabushiki Kaisha (NYK), and NYK’s affiliate Knutsen...
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Know your wood – Sustainable Shipping
Potential impact on shipping Cargo ships regularly carry wood as cargo or to secure cargo (e.g. as dunnage). Consequently, large...
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MOL and Chevron Shipping Company to Install Wind Challenger on LNG Carrier Wind-Assisted Ship Propulsion Systems is an LNG Shipping First
As part of their ongoing commitment to lower the carbon intensity of their operations, Mitsui O.S.K. Lines, Ltd. (MOL) and...
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Asia Fuel Oil-VLSFO benchmarks log weekly declines
Asia’s benchmarks for Very Low Sulphur Fuel Oil (VLSFO) logged weekly declines as of Friday, a sign that the market...
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Baltic index en route to weekly fall as capesize dips
The Baltic Exchange’s main sea freight index fell on Friday and was on its way for its first weekly decline...
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Hellenic Hull Management and Concirrus driving Digital Transformation in underwriting business
Concirrus, the leading provider of AI-powered marine insurance intelligence, today announced that has joined forces with Hellenic Hull Management (HMA),...
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Saudi crude oil supply to China set to rise to 46 mln bbls in Oct, sources say
Saudi Arabia’s crude oil supply to China is set to rise to 46 million barrels in October, trade sources said...
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Asian LNG buyers seek flexible contracts to backstop supply security
Asian LNG importers are increasingly using flexibility in LNG contracts to manage supply security such as adjustment of offtake volumes...
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DNV and Brinav signs MOU further broadening their autonomy collaboration
Classification society DNV and Navigation Brilliance (Brinav), have signed a memorandum of understanding (MOU) on autonomous collaboration. Under the terms...
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Recent News
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Bunkering Services Initiative marks the start of operations across the ARA region