News Flash

China: Amended law to boost maritime sector

China: Amended law to boost maritime sector

The newly amended Maritime Law will help advance the high-quality development of China’s shipping and trade sector, strengthen marine environmental...
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Decisive Leadership Key to Success in a Maritime 5.0 World Says ABS Chairman and CEO

Decisive Leadership Key to Success in a Maritime 5.0 World Says ABS Chairman and CEO

Shipping has entered a Maritime 5.0 world defined by rapid change, artificial intelligence, advanced fuels, and digital ecosystems, where decisive...
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Gender equality and decarbonization highlighted by IMO at WISTA International Conference

Gender equality and decarbonization highlighted by IMO at WISTA International Conference

IMO participated in the WISTA International Annual General Meeting and Conference held in Barcelona, Spain (20-24 October), under the theme...
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Korean shipbuilders shift to container ships, pushing down profit margins

Korean shipbuilders shift to container ships, pushing down profit margins

Major domestic shipbuilders have recently won a string of orders for large container carriers. Domestic shipbuilders had focused their orders...
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Refit to rebuild: A blueprint to help boost US commercial shipbuilding competitiveness

Refit to rebuild: A blueprint to help boost US commercial shipbuilding competitiveness

The picture is hard to ignore: In 2024, US commercial shipbuilding represented just 0.1% of global shipbuilding output. That same...
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Shipping climate plan delay could sink clean fuel projects

Shipping climate plan delay could sink clean fuel projects

As the Trump administration dismantles climate action at home, it has demonstrated that it’s also prepared to try to derail...
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The IMO’s Net Zero Framework has been delayed, but for Vessels under FuelEU & ETS, the Challenge is Now

The IMO’s Net Zero Framework has been delayed, but for Vessels under FuelEU & ETS, the Challenge is Now

The decision made during the MEPC meeting in October 2025 to delay the IMO’s Net Zero Framework, by one year,...
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Shipowners’ Rejoice? Port Fees Postponed

Shipowners’ Rejoice? Port Fees Postponed

The latest round of US-China tensions seems to be over, with what appears to be another “good deal”, thus ending...
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Drewry: World Container Index Up 4% Last Week

Drewry: World Container Index Up 4% Last Week

Drewry’s World Container Index increased 4% to $1,822 per 40ft container this week. Our detailed assessment for Thursday, 30 Oct...
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US-China trade truce will not revive weakening ocean container shipping market with freight rates still expected to fall in 2026

US-China trade truce will not revive weakening ocean container shipping market with freight rates still expected to fall in 2026

The US and China reached a 12-month trade war truce this week, including lowering fentanyl tariffs by 10% and suspending...
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Sanctioned LNG tanker makes STS transfer offshore Malaysia, analysts say

A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up...
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Yang Ming Completes Orders for Six Methanol Dual-Fuel-Ready Containerships

Yang Ming Completes Orders for Six Methanol Dual-Fuel-Ready Containerships

Yang Ming Marine Transport Corporation (“Yang Ming”) signed contracts for six 8,000 TEU-class methanol dual-fuel-ready containerships with Nihon Shipyard Co.,...
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Samudera Shipping Line reports higher y-o-y container shipping volumes of 503,000 TEU for 3QFY2025

Samudera Shipping Line reports higher y-o-y container shipping volumes of 503,000 TEU for 3QFY2025

Samudera Shipping Line has released its 3QFY2025 ended Sept 30 business update, which saw container shipping volumes rise to 503,000...
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Dry Bulk Shipping: Australian Iron Ore Exports Command More Than 50% of the Global Market Share

Dry Bulk Shipping: Australian Iron Ore Exports Command More Than 50% of the Global Market Share

Australia has maintained its leading position in the seaborne iron ore trade, as over half of the global iron ore...
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A multifaceted approach to managing decarbonization risks

A multifaceted approach to managing decarbonization risks

In a time of regulatory uncertainty and evolving fuel options, shipowners like Great Eastern Shipping are taking a pragmatic route...
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Chinese port fees pose taxing questions

Chinese port fees pose taxing questions

China’s imposition of new “Special Port Service Fees” on US-linked vessels is more than trade retaliation — it’s a further...
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Shipping sector skeptical Trump’s latest trade truce with China will reverse import decline

Shipping sector skeptical Trump’s latest trade truce with China will reverse import decline

American shippers were already unhappy about their business outlook after President Donald Trump imposed steep new tariffs on China in...
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Asia Fuel Oil Spot discounts narrow though prompt market holds in contango

Asia Fuel Oil Spot discounts narrow though prompt market holds in contango

Asia’s spot differentials for fuel oil logged narrower discounts on Friday, though the prompt market continued to hold in a...
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Ned Marine Services becomes exclusive distributor for Drewil Entership

Ned Marine Services becomes exclusive distributor for Drewil Entership

Ridderkerk-based maritime supplier Ned Marine Services has signed an exclusive distribution agreement with Drewil Entership, a Polish manufacturer of high-quality...
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Brazil is expanding its liquefied natural gas import infrastructure

Brazil is expanding its liquefied natural gas import infrastructure

Companies operating in Brazil have expanded the country’s liquefied natural gas (LNG) regasification infrastructure since 2020, more than doubling its...
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