News Flash
Orlen and Port of Gdynia to assess LNG and bio-LNG bunkering potential
Polish refiner Orlen has partnered with the Port of Gdynia Authority to assess the potential for LNG and bio-LNG bunkering...
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GSBN Appoints BIMCO to Its Board, Deepening Collaboration to Advance Paperless Trade
Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade, announced the appointment of...
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Everllence and Damen Sign Landmark Framework Agreement for 175D Engine
Everllence has signed a framework agreement with Damen Shipyards Group, the Dutch shipbuilder – regarding the serial supply of Everllence’s...
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Kongsberg Maritime enters agreement to acquire Steerprop
Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer and manufacturer of azimuth propulsion systems...
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Europe’s busiest ports ranked: Which move the most goods?
Sea shipping keeps Europe fed, fuelled and supplied — and this year, the Iran war’s disruptions to shipping routes have...
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Yanmar Maritime awarded DNV type approval for fuel cell system
At the SMM trade fair in Hamburg last week, classification society DNV awarded Yanmar Power Solutions Co., Ltd., a subsidiary...
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Greek tanker operator Kyklades Maritime puts wage access in the hands of its seafarers with ShipMoney partnership
Piraeus-based Kyklades Maritime Corporation, one of Greece’s most respected independent tanker owners and operators, has partnered with global maritime payments...
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Iran says it plans to announce a new ‘exclusion zone’ near the Strait of Hormuz
The new head of Iran’s Supreme National Security Council on Sunday said Tehran plans to announce an “exclusion zone” outside...
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Why are petrol and diesel so expensive despite crude oil not reaching record highs?
Pump prices could remain high in Europe, adding to inflationary pressure. The immediate problem is not just the supply or...
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Scarcity of recycling tonnage pushes Indian yards towards highly speculative bids, says Wirana Shipping
Indian ship recyclers are increasingly prepared to bid at levels that could result in substantial losses based on current prices...
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Mission Area Monitoring: Maintaining Maritime Operational Awareness
In Q2 2026, Windward recorded 3,137 prolonged dark activity events involving 2,157 unique cargo ships and tankers over 10,000 DWT,...
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Piper Sandler sees Brent at $90 in H2 — and says that may be an underestimate
Piper Sandler lifted its second-half 2026 Brent crude price forecast by $10 per barrel to $90/b, citing an entrenched Middle...
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European feed prices hit record highs on volatile futures
European soybean meal and corn prices climbed to their highest levels since Platts, part of S&P Global Energy, launched its...
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Kalmar plans to simplify its operating model to accelerate growth, enhance customer focus, and optimize operational efficiency
The Board of Directors of Kalmar Corporation has decided to initiate a planning and reorganization of its operating model to...
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KR Issues Statement of Fact to ShipWatch for Vessel Performance Calculation Methodology
KR (Korean Register) has issued a Statement of Fact for the Vessel Performance Calculation Methodology developed by ShipWatch, an affiliated...
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Tankers: VLCC Market Trending Higher
LR2 The TC1 75kt MEG/Japan held flat this week with the index published around the WS565-568 level. A voyage west...
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US and Iran trade retaliatory attacks on ships as conflict flares
The US and Iran traded retaliatory attacks on ships on Saturday, in the latest round of strikes since fighting flared...
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Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies
Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for...
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Panama Canal Postpones Neopanamax Draft Adjustment
The Panama Canal will maintain the current maximum authorized draft for vessels transiting the Neopanamax Locks which will allow customers...
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Citi raises Q3 Brent forecast to $86 on Hormuz closure
Citi raised its third-quarter 2026 Bent crude oil price forecast to $86 per barrel from a previous estimate of...
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