News Flash

International Chamber of Shipping Statement following the conclusion of ISWG-GHG 18: Urgent Work Remains to be Done Ahead of MEPC 83 in April

Following a week of intensive greenhouse gas (GHG) negotiations at the UN International Maritime Organization (IMO), Guy Platten, Secretary General...
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Rights on infection and contagion

Rights on infection and contagion

The decision in Bunge S.A. -v- Pan Ocean Co., Ltd (Sagar Ratan) EWHC 193 (Admty) is an important one which...
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Noatum Maritime Forms JV with ASRY for the Provision of Marine Services in Bahrain

Noatum Maritime Forms JV with ASRY for the Provision of Marine Services in Bahrain

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, offering a diversified portfolio of maritime solutions has formed...
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Panama exasperated over persistence of US allegations of Chinese control of canal

Panama’s president said that he had instructed the country’s foreign minister to not discuss the U.S. government’s allegations of Chinese...
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Florida International Terminal (FIT) advances its investment plan of US$ 25 million by 2026

Florida International Terminal (FIT) advances its investment plan of US$ 25 million by 2026

The Port Everglades terminal (United States) renewed its concession and initiated actions to improve its service. Florida International Terminal (FIT),...
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BAR Technologies Signs New Collaboration Agreement with CMET to Boost Availability of 20-24m WindWings

BAR Technologies Signs New Collaboration Agreement with CMET to Boost Availability of 20-24m WindWings

Following the successful launch of the new 20m and 24m WindWings in September 2024, BAR Technologies and CM Energy Tech...
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Dry Bulk Shipping: India’s Coal Imports Slowed Down in 2024

Dry Bulk Shipping: India’s Coal Imports Slowed Down in 2024

India’s coal imports edged downwards during 2024, having a negative impact on dry bulk shipping. In a recent weekly report,...
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Shipping carbon levy support surges another 25% at IMO

During the International Maritime Organization (IMO) climate talks in London, 13 additional countries support a global carbon levy on shipping....
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Tanker Weekly Market Monitor: Russian Oil Flows

Tanker Weekly Market Monitor: Russian Oil Flows

The evolving geopolitical landscape surrounding the Russia-Ukraine war and global energy markets presents critical implications for crude oil supply and...
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Seaborne Trade and US Tariffs: A Mixed Bag

The impact of potential U.S. tariffs in a series of countries and regions could have be significant in the shipping...
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Onboard carbon capture: a bridge to zero-emission shipping?

n the long run, alternative fuels are expected to help shipping achieve net zero greenhouse gas (GHG) emissions by 2050....
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Lloyd’s Register and Capital Ship Management complete the world’s first tanker on-shore power supply compatibility assessment

Lloyd’s Register and Capital Ship Management complete the world’s first tanker on-shore power supply compatibility assessment

Capital Ship Management Corp. (‘Capital’) has successfully completed the world’s first tanker on-shore power supply (OPS) Compatibility Assessment in partnership...
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Performance Shipping Inc. Reports Lower 2024 Net Income

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, today reported net income of $9.7...
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Joint Public Statement on shipping fuels in the Clean Industrial Deal

The Clean Maritime Fuels Platform, representing the European shipowners and the fuel suppliers, stresses the urgency of developing a European...
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Shipping companies stay away from Red Sea partly due to commercial interests

Shipping companies stay away from Red Sea partly due to commercial interests

Shipping companies are avoiding the Red Sea for safety reasons as well as commercial interests, some industry observers said Feb....
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EU Ship Recycling Regulation: Evaluation and list update

EU Ship Recycling Regulation: Evaluation and list update

The European Commission on Wednesday published the results of the EU Ship Recycling Regulation evaluation. The assessment concludes that the...
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Eidesvik Offshore Announces New Construction Support Vessel

Eidesvik Offshore announces the construction of a new state-of-the-art Construction Support Vessel (CSV) for subsea and offshore renewables operations. The...
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MABUX: Bunker Prices Could Retreat Next Week

MABUX: Bunker Prices Could Retreat Next Week

During the 08th week, the MABUX global bunker indices experienced a moderate decline. The 380 HSFO index fell by 5.60...
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EU Awards €7,8 Million to Develop Next-Generation Power Systems for Green Shipping

The current global fleet contributes significantly to emissions, relying on conventional power systems that are not optimized for renewable energy...
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Sustainable Ship Management: Navigating the Green Future

Sustainability aims for long-term co-existence on Earth, focusing on environmental, economic, and social dimensions. Often, the environmental aspect is highlighted,...
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