News Flash

Third WindWings® tanker “Monza” delivered to Union Maritime as wind propulsion scales amid IMO uncertainty

Third WindWings® tanker “Monza” delivered to Union Maritime as wind propulsion scales amid IMO uncertainty

The LR2 tanker Monza, fitted with two 37.5-metre WindWings® developed by BAR Technologies, has been delivered to Union Maritime, marking...
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Baltic Dry Index at Near 2-1/2-Year High

Baltic Dry Index at Near 2-1/2-Year High

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fifth...
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Maritime Visibility Collapses as Tensions Escalate Around Hormuz

Maritime Visibility Collapses as Tensions Escalate Around Hormuz

Operational Overview Maritime conditions around the Strait of Hormuz are entering a significantly more unstable phase as kinetic attacks, electronic...
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Aframax Values and Earnings Reach Record Highs

Aframax Values and Earnings Reach Record Highs

Fixed age values for eight-year-old Aframaxes stand at USD 75.17 mil, the highest levels ever seen, compared to USD 53.08...
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Strait of Hormuz in April: A Stop-Start Recovery Under Persistent Risk

Strait of Hormuz in April: A Stop-Start Recovery Under Persistent Risk

One month after the Strait of Hormuz ceased to function as an unobstructed passage for commercial shipping, April brought no...
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Israel eyes gas storage solution to ensure secure supply; launches survey

Israel eyes gas storage solution to ensure secure supply; launches survey

Israel is interested in developing a “substantial” domestic gas storage facility to ensure a “continuous and secure” supply of energy,...
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U.S. and Latin America challenge China over Panama Canal control

U.S. and Latin America challenge China over Panama Canal control

The United States on the 28th of last month (local time) released a joint statement with five Latin American countries...
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OECD headline inflation rises to 4.0% in March 2026 as energy prices surge

OECD headline inflation rises to 4.0% in March 2026 as energy prices surge

Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) rose to 4.0% in March 2026 from...
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V. launches learning academy in Chennai to train the next generation of maritime talent

V. launches learning academy in Chennai to train the next generation of maritime talent

V., the global ship manager and marine services provider, has launched its V.Ships Learning Academy (VSLA) in Chennai, in partnership...
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HD Hyundai Accelerates Shipbuilding Push in Vietnam

HD Hyundai Accelerates Shipbuilding Push in Vietnam

HD Hyundai is strengthening its position in Vietnam across shipbuilding and equipment as Executive Chair Kisun Chung personally inspected the...
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Wärtsilä joins EU-funded consortium to further accelerate zero-carbon shipping for long-distance vessels

Wärtsilä joins EU-funded consortium to further accelerate zero-carbon shipping for long-distance vessels

Technology group Wärtsilä has joined H4PERION, an EU-funded Horizon Europe project led by the University of Vaasa in Finland, to...
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Danica Crewing Specialists Launches 2026 Seafarers’ Survey to Strengthen Crewing Strategies

Danica Crewing Specialists Launches 2026 Seafarers’ Survey to Strengthen Crewing Strategies

Danica Crewing Specialists has launched its annual Seafarers’ Survey for 2026, inviting seafarers worldwide to share their experiences to support...
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PwC completes latest independent assurance engagement of Baltic Exchange Information Services Limited OceanBulk and Container indices

PwC completes latest independent assurance engagement of Baltic Exchange Information Services Limited OceanBulk and Container indices

Baltic Exchange Information Services Limited (BEISL) has published its 2025 independent assurance reports following its most recent audit by PricewaterhouseCoopers...
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ThPA S.A.: Memorandum of Understanding with Hellenic Train and BDZ to strengthen intermodal transport in Southeastern Europe

ThPA S.A.: Memorandum of Understanding with Hellenic Train and BDZ to strengthen intermodal transport in Southeastern Europe

The signing of a Memorandum of Understanding (MoU) between ThPA S.A., Hellenic Train, and Bulgarian State Railways (BDZ), on April...
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Iran’s Revolutionary Guards says safe transit of Strait of Hormuz will be possible

Iran’s Revolutionary Guards says safe transit of Strait of Hormuz will be possible

Iran’s paramilitary Revolutionary Guards Navy has reportedly said that safe and stable transit of the Strait of Hormuz will be...
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Seafarers Happiness Index reveals a quarter of two halves as geopolitical conflict drives decline

Seafarers Happiness Index reveals a quarter of two halves as geopolitical conflict drives decline

The Q1 2026 Seafarers Happiness Index (SHI) from The Mission to Seafarers has revealed a quarter of two halves. What...
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Athens-based Maritime Emissions Reduction Centre welcomes Cargill as newest member

Athens-based Maritime Emissions Reduction Centre welcomes Cargill as newest member

Cargill’s membership underlines MERC’s expanding international reach and highlights the increasing influence of commercial operators in driving emissions reduction. The...
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Why are 110 certified Indian ship recycling yards frozen out by Brussels?

Why are 110 certified Indian ship recycling yards frozen out by Brussels?

In February, the European Commission adopted the 15th edition of the European List of Ship Recycling Facilities. The list now...
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U.S. Blockade and Hormuz Gridlock: Analyzing April’s Oil Market Disruption

U.S. Blockade and Hormuz Gridlock: Analyzing April’s Oil Market Disruption

A chaotic April ended with the Strait of Hormuz effectively closed for a second consecutive month, cascading oil shortages across...
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Nine ships use Strait of Hormuz as ‘renewed tensions’ to slow traffic: CAS

Nine ships use Strait of Hormuz as ‘renewed tensions’ to slow traffic: CAS

Nine ships crossed the Strait of Hormuz on May 3, down from 13 on May 2 and 21 on May...
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