News Flash
Three sanctioned VLCCs likely to halt voyage to Shandong after blacklist
At least three sanctioned Very Large Crude Carriers are likely to shut down their engines while en route to carry...
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HSFO down for fifth session; Singapore stocks remain high
Asia’s spot premium for high sulphur fuel oil (HSFO) softened for a fifth consecutive session on Thursday, while onshore residue...
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Dry Bulk Industry Pays Tribute to Outgoing INTERCARGO Chairman Dimitri Fafalios
Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios, who concluded his chairmanship...
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Ocean container shipping rates may fall after deal reached to avoid port strikes on US East Coast and Gulf Coast
This week’s highlight delves into the evolving dynamics of Capesize ballasters in the South Atlantic and the evolution of iron...
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Baltic index rises, buoyed by capesize segment
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday,...
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Middle East Crude-Benchmarks gain; OPEC oil output falls in December
Middle East crude benchmarks Oman, Dubai and Murban rose on Wednesday amid firm demand from Asia, and as OPEC oil...
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US gas-fired power boom reveals key emissions payoff in 2024
For the first time, over 1 billion metric tons of carbon dioxide (CO2) was discharged from U.S. gas-fired power stations...
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Höegh & Svitzer Set New Standard For Sustainable Sea Shipping In Australia
Svitzer, a leading global towage provider, and Höegh Autoliners, a leading global provider of ocean transportation services in the Roll-on,...
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KPI OceanConnect, Neste and Global Energy complete first delivery of renewable diesel to the marine sector in Singapore
KPI OceanConnect, a leading global provider of marine energy solutions and Neste, the world’s largest producer of renewable diesel and...
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Inmarsat Maritime And Maritime London Establish Sea-Care Working Group To Drive Data Sharing That Can Improve Safety At Sea
Inmarsat Maritime, a Viasat company, supported by Maritime London, have established SEA-CARE as a new working group of stakeholders from...
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Kongsberg Discovery acquires Naxys Technologies
Kongsberg Discovery has reached agreement to acquire Naxys Technologies AS. The Bergen-based company is a world leader in technology for...
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Finland says oil tanker linked to subsea cable damage has serious deficiencies
Finland’s public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea...
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Global crude exports dip as trade routes reshuffle again
The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed,...
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Navig8 Announces Completion of 80% Acquisition by ADNOC L&S for $1.04 Billion
Navig8 TopCo Holdings Inc. announced that it has been acquired by ADNOC Logistics and Services plc (ADNOC L&S) (ADX symbol:...
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Container ship order book hits new record high of 8.3m TEU
“At the end of 2024, the container ship order book was 8.3m TEU, a new record compared with the previous...
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S. Korea: Shipyard workers protest increased visa quota for migrant laborers
Conflict is intensifying in the Korean shipbuilding industry following the government’s recent decision to maintain an expanded quota for migrant...
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India: Shipping to get infrastructure status to boost domestic shipbuilding and ownership
The government may grant infrastructure status to the shipping industry to help improve India’s position to the top five countries...
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Mental Health Support Solutions Extends its Services to the Families of Seafarers
Mental health provider, Mental Health Support Solutions (MHSS), member of OneCare Group (OCG), has taken its commitment to the welfare...
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The Hood Unveils Key Predictions for 2025
will fuel the collective stress and anxiety many will feel. “The maritime industry is at a critical juncture,” said Ms...
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Navigator Gas Announces Completion of Morgan’s Point Ethylene Export Terminal Expansion and Acquisition of Three Handysize Liquefied Ethylene Gas Carriers
Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces the completion...
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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.