News Flash
HSFO premium stable, robust trading continues
Asia’s high sulphur fuel oil (HSFO) premium held largely stable on Tuesday, while a flurry of rangebound trades continued to...
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Salvage crews head to scene of jet fuel tanker crash off UK
Salvage crews headed to a damaged jet fuel tanker off the coast of England on Tuesday, a day after it...
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Shipping anchors the EU’s Future’: Union of Greek Shipowners to Highlight Industry’s Strategic Role at European Shipping Summit 2025
As part of the European Shipping Summit 2025 in Brussels, the Union of Greek Shipowners is organizing a special event...
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InterManager: Enclosed space survey aims to understand why seafarers are still dying
Ship managers and maritime professionals have joined forces to address concerns over the continuing deaths of seafarers and shore workers...
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Pherousa receives initial Approval in Principle from the two major maritime classification societies: American Bureau of Shipping (ABS) and DNV
The Approvals in Principle granted by American Bureau of Shipping (ABS) and DNV on an independent evaluation basis, come with...
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Baltic index extends gains as panamax rates climb
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose for a...
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Germany’s debt brake reform: far from a done deal
Markets have shown signs of euphoria over the prospect of a historic fiscal boost in Europe’s largest economy. But, as...
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Iron ore falls on concerns over demand outlook
Prices of iron ore futures slipped on Monday as caution over U.S. tariffs and China’s pledge to cut crude steel...
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Rising US-Europe tensions: The potential shift in LNG trade dynamics
The global LNG market is at a pivotal juncture as geopolitical shifts between the US and Europe introduce new variables...
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Major brokerages continue to expect slower pace of Fed rate cuts after payrolls data
Major Wall Street brokerages backed their predictions for a slower pace of interest-rate cuts by the Federal Reserve in 2025,...
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Eletson enables fleet-wide instant and secure data exchange with Dualog
Eletson, a leading global operator of LPG and LEG carriers, has successfully implemented Dualog’s data exchange solution as part of...
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Middle East Crude-Benchmarks move little as oil prices steady
Middle East crude benchmark spot premiums of Oman, Dubai and Muban were unchanged on Monday, as oil prices held steady...
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Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre
Hanseatic Global Terminals (HGT) today successfully completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group....
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U.S. plans sanctions on Chinese steel complicate South Korea’s shipbuilding industry
As the possibility of South Korean shipbuilders winning contracts for U.S. warships and vessel construction arises, shipyards are caught in...
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Singapore launches new technical reference for methanol bunkering
The Maritime and Port Authority of Singapore, along with Enterprise Singapore through the Singapore Standards Council, published a new Technical...
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Fortescue calls on IMO to set $100/mt carbon levy on bunker consumption
Fortescue wants the International Maritime Organization to impose a carbon levy of $100/mt on marine energy consumption to make “green...
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South Korea reassures US crude import tariff near zero after Trump’s fourfold higher claim
South Korea’s tariff rate on US goods is close to zero, trade ministry officials said over March 5-6, reassuring the...
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In 2024, 41,33% of port professionals participating in ESPO work were women
In 2024, taking all ESPO board meetings and technical committees together, women represented 41.33% of the port professionals participating in...
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Proposed US port fees for Chinese vessels
Just weeks after Donald Trump began his second term as US president, the Office of the US Trade Representative (USTR)...
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Russia ships diesel to Syria on tanker under US sanctions, data shows
Russia shipped a diesel cargo to Syria onboard a tanker under US sanctions, the first known such direct supply to...
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