News Flash

World’s largest car carrier delivered in China, boosting global auto transport capacity

World’s largest car carrier delivered in China, boosting global auto transport capacity

A car carrier with a maximum capacity of 10,800 car equivalent units, described as the world’s largest of its kind,...
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Danish shipowners flag concern over Middle East crisis

Danish shipowners flag concern over Middle East crisis

Chief executives of major Danish shipping companies have expressed concerns over inflated costs of shipping due to the ongoing geopolitical...
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Mitsui O.S.K. Lines Sees Firming Market Conditions in Dry Bulk

Mitsui O.S.K. Lines Sees Firming Market Conditions in Dry Bulk

In the crude oil tanker market, conditions remained firm in the first half of the fiscal year, as in the...
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World Container Index Keeps Trending Lower

World Container Index Keeps Trending Lower

The Drewry World Container Index (WCI) declined for the third consecutive week, easing 1% to $2,216 per 40ft container, due...
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Hormuz disruption shows why early-warning data matters

Hormuz disruption shows why early-warning data matters

New UNCTAD dashboard tracks risks across shipping, energy, food and finance as shocks from the Strait of Hormuz spread through...
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Bawat Strengthens Position in Ballast Water Treatment in European Ship Recycling Market

Bawat Strengthens Position in Ballast Water Treatment in European Ship Recycling Market

Bawat continues to build momentum in the European ship recycling segment, having successfully completed two large-scale ballast water treatment operations...
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Diana Shipping Inc. Announces Time Charter Contracts for m/v New York with Refined Success and m/v DSI Pyxis with Oldendorff

Diana Shipping Inc. Announces Time Charter Contracts for m/v New York with Refined Success and m/v DSI Pyxis with Oldendorff

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced...
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Ahti Pool posts $6M 2025 revenue and achieves first-year profitability; appoints Mona Grannenfelt as COO

Ahti Pool posts $6M 2025 revenue and achieves first-year profitability; appoints Mona Grannenfelt as COO

Ahti today announces a major acceleration in its growth trajectory after generating $6 million in revenue in 2025, delivering profitability...
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Orca AI joins forces with Samsung Heavy Industries to accelerate autonomous vessel technology

Orca AI joins forces with Samsung Heavy Industries to accelerate autonomous vessel technology

Leading maritime AI company Orca AI has signed a Memorandum of Understanding (MoU) with Samsung Heavy Industries (SHI), one of...
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Liberian Registry Unveils Next-Generation Seafarer Platform with Electronic Documents and a Mobile App for Seafarers

Liberian Registry Unveils Next-Generation Seafarer Platform with Electronic Documents and a Mobile App for Seafarers

The Liberian Registry, the world’s largest ship registry, today announced the official launch of electronic seafarer documents, marking a significant...
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Korea Launches Shipbuilding-Shipping Alliance

Korea Launches Shipbuilding-Shipping Alliance

The Ministry of Oceans and Fisheries and the Ministry of Trade, Industry and Energy jointly announced that they co-hosted the...
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FUJAIRAH DATA: Oil product stocks fall 6% to fourth straight record low

FUJAIRAH DATA: Oil product stocks fall 6% to fourth straight record low

Oil product inventories at Fujairah in the UAE fell 6.3% in the week ended April 27 to 6.982 million barrels,...
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When GPS Fails: Why Maritime Needs Resilient Navigation

When GPS Fails: Why Maritime Needs Resilient Navigation

Every day brings new reports of GPS interference affecting shipping, particularly in regions like the Persian Gulf. Less visible are...
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US LNG arbitrage to Asia open via Panama Canal; laden flows limited

US LNG arbitrage to Asia open via Panama Canal; laden flows limited

US arbitrage to Asia through the Panama Canal opens amid stronger Asian demand following the Middle East conflict, although a...
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Baltic Dry Index Snaps 2-Day Advance

Baltic Dry Index Snaps 2-Day Advance

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a two-day winning...
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“Freedom of navigation is not negotiable”: IMO addresses UN Security Council on maritime safety in the Strait of Hormuz

“Freedom of navigation is not negotiable”: IMO addresses UN Security Council on maritime safety in the Strait of Hormuz

Addressing the UN Security Council on the topic of ‘The safety and protection of waterways in the maritime domain, he...
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KCC First Quarter 2026 — A solid start to the year, with an even stronger Q2 outlook on the back of a buoyant tanker market

KCC First Quarter 2026 — A solid start to the year, with an even stronger Q2 outlook on the back of a buoyant tanker market

Klaveness Combination Carriers ASA (“KCC”) reported EBITDA of USD 29.3 million and Profit after tax of USD 15.6 million for...
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Biofuel Bunker Snapshot: Conventional prices push B30 prices higher

Biofuel Bunker Snapshot: Conventional prices push B30 prices higher

ARA and Europe Rotterdam’s B30-VLSFO (POMEME) grade has surged around $152/mt through the past week, since Friday 17 April. This...
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The Mission to Seafarers launches Shorebased Happiness Index

The Mission to Seafarers launches Shorebased Happiness Index

The Mission to Seafarers, the global maritime welfare charity and publisher of the Seafarers Happiness Index (SHI), has today announced the...
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Consumer confidence surpasses expectations, indicating economic optimism

Consumer confidence surpasses expectations, indicating economic optimism

The latest data from the Conference Board (CB) reveals a notable increase in consumer confidence, suggesting a more optimistic outlook...
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