News Flash
Trump’s China import tariffs on top of massive ocean freight rate increases due to conflict in Red Sea are perfect storm for US shippers, analysts warn
A delay in tariffs on Mexico imports does little to ease the pain for US shippers still facing a 10%...
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Baltic index extends gain as panamax, supramax rates firm
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for...
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CORE POWER and Glosten Team to Bring Floating Nuclear Power Plant to US Ports
CORE POWER (US) Inc has enlisted naval architecture and marine engineering firm Glosten to help their team design a floating...
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Singapore to become key hub for Europe-Asia cargo under Maersk, Hapag-Lloyd alliance
The Republic will serve as a key hub in a new ocean network formed under an alliance between two major...
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Inland firm builds innovative green cargo ship sail
A manufacturing firm in landlocked Leicestershire is making waves in the shipping industry with a new green sail. Based in...
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China navigates US tariff challenges, seeks cheap Canadian, Mexican crudes
China’s petroleum industry expects Beijing to be cautious about imposing countermeasures on energy imports from the US in response to...
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Keeping crews connected is vital for their wellbeing, says The Hood
Providing access to social media and digital platforms to help seafarers stay connected with the outside world and each other...
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Platform publishes list of ships dismantled worldwide in 2024
The NGO Shipbreaking Platform publishes its 2024 annual list of ships dismantled worldwide. The data reveals that 80% of the...
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Fleet of abandoned ships is growing, leaving more sailors stuck at sea
More ships than ever are being abandoned around the world by their owners, according to the United Nations’ labor and...
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HSFO retreats in volatile market activity
Asia’s high sulphur fuel oil (HSFO) market pared back on Monday after rallying higher amid recent volatility, while very low...
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VPS: How to engineer and manage green shipping fuels?
Effective management strategies and insights for evolving fuel use. Back in 2020, the IMO 2020 regulations, which reduced the global...
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IMO, cargo owners more crucial for green bunkers than financiers: Poseidon chair
Cargo owners and the International Maritime Organization could determine the pace of decarbonization in the shipping industry by providing more...
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Germany builds up LNG import terminals
Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of...
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World’s Largest Sail Cargo Ship Neoliner Origin hits the water in Turkey
the Neoliner Origin – the world’s largest cargo ship to be powered primarily by sails – left its slipway at...
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Tank-based reporting: simplifying biofuel tracking and compliance
Managing fuel storage and segregation is a delicate dance on tanker vessels. The typical fuel grades carried include Very Low...
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Ocean container freight rates to fall further in February following Middle East ceasefire as carriers take action to slow market decline
Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February – with carriers...
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Suez Canal Authority urges return of shipping companies as Houthis halt attacks
The Suez Canal Authority has urged shipping companies to resume using the key Egyptian waterway connecting Asia and Europe, citing...
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Asia-US container rates edge lower on LNY slowdown, roll out of new alliances
Rates for shipping containers from east Asia and China to the US ticked slightly lower this week, while global average...
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India: Budget unveils mega shipbuilding plan, eyes larger private investment
The government unveiled a mega plan on Saturday to develop India into a shipbuilding hub, along the lines of Japan...
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With Panama Canal-U.S. tensions rising, ‘all options on the table,’ warns Trump’s top maritime official
President Donald Trump’s newly appointed head of the Federal Maritime Commission Louis Sola says that Panama has been inching closer...
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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.