News Flash
Ship Recycling Market Going From Strength to Strength
The ship recycling market has been on a roll over the past week, gaining further momentum. In its latest weekly...
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DP World Joins AmCham Brazil as it Expands Ports and Logistics Operations
DP World has joined the American Chamber of Commerce for Brazil (AmCham Brazil), as it expands its port and logistics...
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ABS Issues Basic Design Review Certification to Hanwha Ocean for South American and West African FPSOs
ABS has issued a Basic Design Review (BDR) certification to Hanwha Ocean for a standardized floating production, storage and offloading...
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The efficiency formula behind Navibulgar’s fleet renewal
Navibulgar has spent more than a decade building a new generation of bulk carriers designed to outperform market standards. Working...
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Volatile yen risks ‘confused’ global markets, chairman of Japanese shipping giant says
While the weak yen is favorable to Japanese companies doing business elsewhere, the huge swings in the currency can be...
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Fuel Switch Snapshot: Rotterdam biofuels slide as other fuels climb
B30-VLSFO has flipped from a $58/mt premium over VLSFO to a $27/mt discount in Rotterdam, and B100 has swung from...
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Six months into Hormuz blockade, Qatar and UAE test ways to keep LNG moving
LNG exporters are looking for ways around the disruption in Hormuz, with three Gulf cargoes recently moved using ship-to-ship transfers...
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Baltic Dry Index Up for 2nd Day
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a...
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Ships and seafarers increasingly caught in the crossfire of unrelated wars
Four regions – the Strait of Hormuz, the Red Sea, the waters off Somalia, and the Black Sea – are...
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Everllence Expands Omnicare Portfolio with Specialised Scrubber Lifecycle Support
Everllence PrimeServ Omnicare – Everllence’s multi-brand lifecycle service offering – and ME Production – the leading scrubber specialist – have...
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Smarter and safer navigation: new buoy begins operating near the Port of Klaipėda
The Port of Klaipėda is introducing smart navigation technologies, with a new buoy equipped with advanced sensors now operating near...
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China’s strong trade growth continues, driven by tech demand
Tech continues to power impressive export strength China’s exports grew by 25.0% year-on-year in August, up from 23.9% in July...
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European gas prices surge to highest since 2023 on Iranian threat
European wholesale natural gas prices spiked to their highest levels since early 2023, driven by mounting fears that escalating military...
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Goldman ups oil price forecasts as Mideast disruptions seen extending into 2027
Goldman Sachs raised its Brent and WTI crude price forecasts on Sunday, expecting shipping disruptions in the Middle East to...
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First bio-methanol STS bunkering completed in Guangzhou
Chinese producer CIMC Enric supplied a large bio-methanol stem to a Nippon Yusen Kabushiki Kaisha (NYK) Group bulk carrier at...
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Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for new MGC vessels
Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for...
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DNV and GRSE sign advanced shipbuilding MoU
At the SMM trade fair in Hamburg last week, DNV and Garden Reach Shipbuilders and Engineers Limited (GRSE) have signed...
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Iran warns of maritime exclusion zone, strikes on U.S. Gulf energy assets
Iran threatened to respond to U.S. “economic warfare” with a maritime exclusion zone across the Persian Gulf, while Iranian-backed Houthi...
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Bunker price volatility boosts freight rates for LNG-fueled dirty tankers
Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values,...
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Freeport East pushes Green Freight Corridor with backing for electric truck hub at Port of Felixstowe
Freeport East has joined the push to decarbonise heavy goods vehicles travelling to and from the Port of Felixstowe by...
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Recent News
Bridge closure, strong import volumes cause delays for containers at port of LA/LB
San Pedro Bay Ports Outline Path for Cleaner Marine Fuels: Methanol Bunker Demand Expected to Reach Up to 250,000 Tons By 2030
Fujairah fuel oil inventories down 9% in October so far
StormGeo acquires Portchain to advance Just-in-Time voyage optimization at scale
Singapore LSFO arbitrage arrivals from Europe seen lower in Nov amid high freight