News Flash
China resumes port quarantine of Australian lobsters
China has resumed routine port inspection and quarantine of lobsters from Australia, Xinhua reports citing He Yongqian, spokesperson with the...
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Egypt ranks 23rd on maritime connectivity index for 2024
The Information and Decision Support Center of Egypt’s Cabinet has released a report titled "Maritime Trade Gateways at the Core...
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Improved efficiency is enabling record U.S. crude oil production from fewer rigs
Crude oil production in the U.S. Lower 48 (L48) states, which excludes Alaska and offshore production, reached a record 11.3...
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Rising US fuel demand will support both refiners and renewable producers
The US move to decarbonize the transportation fuels markets has made allies of two groups historically at odds: refiners and...
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Russia calls gas sales to Europe ‘complicated’ as deal with Ukraine nears end
Russia said on Monday the situation with European countries that buy its gas through a transit deal via Ukraine was...
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Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Amphitrite
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced...
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AST Reygar to Launch New User-Friendly Dashboard for Award-Winning BareFLEET Vessel Monitoring System
AST Reygar, a leading maritime solutions provider and part of AST Networks, is excited to announce the upcoming launch of...
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FuelEU Maritime implementation delayed for Norway and Iceland
What impact does this have? FuelEU will not apply to Norway and Iceland, the two maritime States that are EEA...
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U.S. Ships Act Promises Major Boost for Merchant Shipping and Korean Shipbuilders
On Dec. 19, the U.S. Congress introduced the SHIPS for America Act, which aims to significantly bolster the U.S. merchant...
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Indian state refiners may buy Mideast spot oil to replace Russian shortfall
Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have...
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PSC focus on NOx technical files and machinery components
GHG regulations and focus for PSC According to DNV, different PSC areas are currently scrutinizing the NOx Technical Files and...
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Healthy bunker demand, tighter non-sanctioned supply to boost Asian HSFO market
The Asian high sulfur fuel oil market will likely find some tailwinds in 2025, as a continued rise in scrubber-installed...
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Iron ore rises on expectations of Chinese pre-holiday restocking
Iron ore futures rose on Monday, aided by expectations of restocking by steelmakers in top consumer China, although high portside...
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Shanghai Port sees annual container throughput exceed 50 million TEUs
Shanghai Port became the first in the world to see the annual container throughput exceed 50 million 20-foot equivalent units...
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China launches hydrogen-powered container ship, capable of sailing 380 kilometers
China has launched its first hydrogen-powered container ship, capable of carrying 64 standard containers, in Jiaxing, East China’s Zhejiang Province,...
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S. Korean shipbuilders to retain edge in high-value vessels despite order slump
South Korea’s share of global new ship orders is expected to fall below 20% this year, the lowest since the...
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Somali piracy 2.0 – the BBC meets the new robbers of the high seas
Two Somali fishermen wearing big scarves over their heads to hide their faces glance around furtively as they walk into...
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Australia raises 2024-25 met coal export forecast by 1.2% on favorable weather
Australia has raised its projected metallurgical coal exports for the fiscal year 2024-25 (July-June) by 1.2% to 163 million mt,...
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Spot premiums inch up but margins rangebound
Spot premiums for fuel oil inched higher in Asia on Monday, supported by stronger bids, though refining margins were rangebound...
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PSC focus on NOx technical files and machinery components
International requirements on greenhouse gas (GHG) emissions are currently high in focus of Port State Control (PSC). The EIAPP certification...
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