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Costamare Inc. Announces Plans for Costamare Bulkers Holdings Limited Spin-Off
Costamare Inc. announced that its Board of Directors has approved the previously announced spin-off of its dry bulk business into...
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Exports of sanctioned Russian Arctic oil to China set to rise in April, sources say
Russia’s exports of Arctic oil to China are set to rise sharply in April after sellers offered wide discounts and...
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Record-breaking carbon emissions in ocean container shipping: here’s what shippers need to know
Latest data reveals global ocean container shipping emitted all-time high carbon emissions in 2024, driven largely by the impact of...
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IMO: Outcomes of the Marine Environment Protection Committee (MEPC 83)
The Marine Environment Protection Committee (MEPC) met for its 83rd session in person at IMO Headquarters in London (with remote...
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Baltic Index Rises On Strong Rates Across Vessels
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday...
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Russian Arctic oil exports to China jump helped by STS transfers, sources say
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers...
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Global LNG freight falls sharply as Bintulu LNG’s up to three trains temporarily down
Global LNG freight tumbled sharply April 16 as at least three of the nine trains at Bintulu LNG were temporarily...
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Gasoline traders shift exports to West Africa amid US tariff threats
Threats of further tariffs from the US and an ongoing arbitrage to West Africa have led to an unseasonal shift...
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VLSFO spot premium inches up on more trading momentum
Asia’s spot premium for very low sulphur fuel oil (VLSFO) was stable to higher on Wednesday after more trades at...
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WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist
The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage...
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Agreement Reached on New Global Minimum Wage for Seafarers
The International Labour Organization (ILO) has concluded the latest round of minimum wage negotiations for able seafarers at a meeting...
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Ship Recycling Unchanged After Eid Holidays
Things remain at a standstill regarding ship demolition activity. In its latest weekly report, Best Oasis, a leading cash buyer...
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Rio Tinto posts lowest Q1 iron ore shipments since 2019, tempers forecast
Rio Tinto RIO, RIO on Wednesday reported its lowest first-quarter iron ore shipments since 2019 and warned that more weather...
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Stena Bulk To Register Up To Five Suezmax Tankers Under The Swedish Flag
Leading tanker shipping company Stena Bulk has today confirmed its intention to register up to five of its Suezmax vessels...
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WinGD X-EL wins first hybrid integration project for wind-assisted vessels
Swiss marine power company WinGD is to integrate hybrid power and energy systems on four 113,600 DWT, wind-assisted tankers under...
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V. secures full management contract with International Seaways for six dual-fuel (LNG) ready newbuild tankers
V., the global ship manager and marine services provider, has been awarded the full technical and crew management of six...
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China is set to import more Russian LNG in 2025, ambassador says
China is set to increase its imports of Russian liquefied natural gas (LNG) this year, its ambassador to Russia said...
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Trump tariffs to trigger seismic trade shifts
The spectre of significant US import tariffs, reintroduced and expanded under a second Trump administration, is casting a long shadow...
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The IMO Confirms The Methane Pathway’s Role In Shipping’s Decarbonisation
SEA-LNG congratulates the IMO and its delegates on reaching the agreement on a regulatory framework for GHG emissions reductions last...
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INTERCARGO Responds to IMO’s Decision on GHG Reduction Measures
At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States assumed responsibility and agreed on a...
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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.