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Site visit requirements under EU MRV and FuelEU Maritime

Site visit requirements under EU MRV and FuelEU Maritime

Site visits for all vessels within the scope are mandated under EU Regulations 2023/2917 and 2024/2027, with 2026 marking the...
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Torm sees EU oil product ban, drone strikes bolstering freight rates

Torm sees EU oil product ban, drone strikes bolstering freight rates

The EU’s ban on Russian oil products and increased Ukrainian drone strikes are driving inefficiencies in product tanker markets and...
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Shipping lines likely to maintain current deployments even as US, China suspend port fees

Shipping lines likely to maintain current deployments even as US, China suspend port fees

China and the US have agreed to postpone new port fees on each other’s vessels for one year after US...
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Trump administration seeks to negotiate with China on shipping as it pauses port fees

Trump administration seeks to negotiate with China on shipping as it pauses port fees

The Trump administration said on Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics...
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EU shipping emissions last year highest since official recording began

EU shipping emissions last year highest since official recording began

EU shipping emissions reached their highest levels last year since the EU introduced mandatory reporting in 2018, T&E’s analysis of...
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Asia fuel oil markets close in range-bound discounts

Asia fuel oil markets close in range-bound discounts

Asia’s spot market differentials for key fuel oil grades closed in range-bound discounts from the previous session, with several trades...
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MAST, Incubated by MOL Icubation Bridge, launches the industry’s first neutral trading platform for spot air cargo

MAST, Incubated by MOL Icubation Bridge, launches the industry’s first neutral trading platform for spot air cargo

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that MAST Ltd. (President: Tomohiro Takahashi; Head Office:...
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Commission unveils nearly €3bn to scale up green fuels for aviation and maritime transport

Commission unveils nearly €3bn to scale up green fuels for aviation and maritime transport

The plan to step up financing for sustainable fuels in shipping and aviation by 2027 comes as the bloc is...
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Two tankers with Russian oil drop anchor at sea in sign sanctions hit sales

Two tankers with Russian oil drop anchor at sea in sign sanctions hit sales

Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of...
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New LNG carrier Elisa Halcyon delivered to EDF

New LNG carrier Elisa Halcyon delivered to EDF

A new liquefied natural gas (LNG) carrier, Elisa Halcyon, ordered by France LNG Shipping SAS from Hyundai Samho Heavy Industries...
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Drewry: World container index up 8% last week

Drewry: World container index up 8% last week

Drewry’s World Container Index increased 8% to $1,959 per 40ft container this week. Our detailed assessment for Thursday, 06 Nov...
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Diverging supply environment drives clean, dirty tanker rates: International Seaways

Diverging supply environment drives clean, dirty tanker rates: International Seaways

Entering the fourth quarter, oil markets will begin to see the global uptick in production finally hitting the water, according...
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Tanker market: Brazil crude oil exports a new factor?

Tanker market: Brazil crude oil exports a new factor?

Crude oil exports from Brazil are fast becoming a significant factor in the tanker market. In its latest weekly report,...
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Wan Hai Lines WH A19 successfully rescues two drifting survivors

Wan Hai Lines WH A19 successfully rescues two drifting survivors

Wan Hai Lines its vessel WAN HAI A19, while transiting the Eastern Pacific Ocean, successfully rescued two persons adrift at...
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Structural market shifts, not just barrels, powering the dirty rally

Structural market shifts, not just barrels, powering the dirty rally

Crude freight markets are experiencing a surge, which available data suggests is not solely attributable to extended voyages or an...
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MarTrust and ISWAN Unite to Strengthen Seafarer Wellbeing

MarTrust and ISWAN Unite to Strengthen Seafarer Wellbeing

MarTrust, part of Marcura, and the crew payments solution supporting more than 150,000 seafarers worldwide, has partnered with the International...
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World Economic Forum chief warns of three possible ‘bubbles’ in global economy

World Economic Forum chief warns of three possible ‘bubbles’ in global economy

The world should watch out for three possible bubbles in financial markets, including artificial intelligence, the head of the World...
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Exxon enters Greece with gas deal that expands US footprint in eastern Med

Exxon enters Greece with gas deal that expands US footprint in eastern Med

Exxon Mobil has signed a deal to explore for natural gas offshore Greece, increasing the U.S. presence in the eastern...
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China begins limited purchases of U.S. farm goods after Trump-Xi meet

China begins limited purchases of U.S. farm goods after Trump-Xi meet

China has begun modest purchases of U.S. farm products after the leaders of both countries met last week, but traders...
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US sorghum shipment heads to China after Trump-Xi meeting, grains council chairman says

US sorghum shipment heads to China after Trump-Xi meeting, grains council chairman says

A shipment of sorghum has been sent from the United States to China over the last week, Mark Wilson, chairman...
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