News Flash
Tanker – Weekly Market Monitor: Iran’s Resilient Oil Exports and Emerging Pressures in 2025
Despite persistent international sanctions, Iran managed to sustain significant crude oil exports between January 2023 and March 2025, totaling approximately...
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Tanker Market Softened Last Month
The tanker market softened during the course of the past month, OPEC said in its latest monthly report. Developments in...
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New guidance on fire response onboard vehicle carriers
The guideline’s sole aim is to assist vessel operators and crews to be better prepared to meet the challenges presented...
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China waives tariffs on some U.S. goods, but denies Trump’s claim that talks are underway
China exempted some U.S. imports from its steep tariffs in a sign on Friday that the trade war between the...
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Russia may supply 1.8 bcm of gas to Iran in 2025, price to be agreed
Russia may supply 1.8 billion cubic metres (bcm) of natural gas to Iran this year at a price which has...
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Three Key Impacts of the IMO’s New Fuel Intensity Target on S&P Activity
The International Maritime Organization (IMO) recently hosted the 83rd meeting with the Marine Environmental Protection Committee (MEPC 83), resulting in...
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Taylor Maritime Sold 11 Vessels
Taylor Maritime Limited, the specialist dry bulk shipping company, today announces eleven new vessel sales for gross proceeds of $172.5...
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HD Korea Shipbuilding Secures Order for Two Container Ships from Asian Shipowner
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on April 25...
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PowerCell secures breakthrough order for hydrogen fuel cells with methanol reformer technology in the maritime sector
PowerCell, the world’s leading supplier of fuel cells for the marine market, has secured its first commercial order for its...
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Axpo expands small-scale LNG operations
Axpo has successfully completed its first LNG ship-to-ship delivery in the Port of Algeciras, marking the expansion of its LNG...
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China pushes for tariff cancellation to end US trade war
China called for all “unilateral” U.S. tariffs to be cancelled on Thursday, as signs emerged that the Trump administration may...
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Global roundtable sees rising debt risks for low-income countries as uncertainty mounts
More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the...
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Chinese coal buyers reject new Indonesia price benchmark
Indonesia’s push to roll out a government-set price for coal is not gaining traction in top buyer China, undermining Jakarta’s...
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Tariff War Threatens Growth in Many Sectors in Developed Europe
The global trade war started by the US administration will reduce world and European economic growth, resulting in direct and...
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Lloyd’s Register expands Global Fuel Finder with new biofuels capability
The enhanced platform supports safer, more sustainable fuel strategies in an increasingly complex marine energy landscape. Lloyd’s Register (LR) has...
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Three more Russian insurers seek India OK to provide cover for oil tankers, sources say
Three more Russian insurers, including a subsidiary of top lender Sberbank, have asked India for approval to provide marine insurance...
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Japan is world’s third largest shipping nation as owners control 12% of the fleet
Combined, Japanese shipowners currently own 12% of the global fleet’s deadweight tonnes capacity (DWT). This makes Japan the third largest...
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Atal Solutions Kicks Off $123.7M Retrofitting Project to Drive the Future of Green Shipping
If the shipping industry were a country, it would be the sixth-largest polluter in the world. With its $123.7M retrofitting...
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Cargo Theft Report Reveals Rapidly Shifting Criminal Tactics And Emerging Targets
The BSI Consulting and TT Club 2024 Cargo Theft Report gives a detailed analysis of targeted commodities, prime locations for...
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FuelEU Maritime compliance strategy is commercial priority for top management, says OceanScore
FuelEU Maritime represents a strategic headache for shipping companies on the same level as its technical complexity. Senior management must...
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Recent News
Congress passes sanctions, tariff bill targeting buyers of Russian energy.
Iran, Oman close to agreement on shipping corridor in Strait of Hormuz.
Baltic Dry Index Up for 2nd Day.
International Chamber of Shipping addresses UN Security Council on maritime security and freedom of navigation.
The Week in Alt Fuels: From promises to timelines.