News Flash
Japan’s push to stage shipbuilding comeback may have Korea checking its stern
Korean shipbuilders may sofon face a second competitor in the LNG carrier market they lead. A major Japanese shipbuilder is...
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Iran says the U.S. is standing in the way of Hormuz deal amid talks with Oman
The U.S. is obstructing an agreement between Iran and Oman to secure a safe transit route through the Strait of...
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Hormuz shipping traffic sits below 10-day average amid fresh diplomacy hopes
Shipping traffic through the Strait of Hormuz sits near historic lows, even as diplomatic efforts to halt hostilities in the...
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Baltic Dry Index Extends Rally to Fifth Session
The Baltic Exchange’s dry bulk sea freight index rose 4.4% to 3,056 on Wednesday, marking a fifth consecutive session of...
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New Report Finds 31% Emissions-Intensity Gap Between Carriers on the Same Ocean Trade Lane
Global container shipping emissions intensity rose 1.5% year over year in Q2 2026, but the increase masks efficiency improvements across...
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Export disruptions increasingly hurting tanker demand
“Tanker markets are facing mounting pressure as export disruptions continue to reduce seaborne volumes, while declining oil and product stocks...
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Ship Recycling Market Gaining Positive Traction
The ship recycling has retained its upward momentum over the past week. In its latest weekly report, Best Oasis a...
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KCC Second Quarter 2026 – Solid Q2 financials driven by strong markets and operations amidst geopolitical turmoil
Klaveness Combination Carriers ASA (“KCC”) reported EBITDA of USD 38.5 million and Profit after tax of USD 20.8 million for...
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Asian LNG Prices Surge to Over 3-1/2-Year High
Japan-Korea liquefied natural gas prices climbed above $23/MMBtu, reaching their highest level since January 2023, as extreme temperatures lifted power...
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Japan to proceed with oil shipping aid, restore national crude reserves to 90 days of net imports
A high-level policy meeting at Japan’s Ministry of Economy, Trade and Industry approved a set of steps on Aug. 24,...
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Venezuelan revival and sweet crude expansion reshape LatAm flows
The Latin American crude supply landscape is undergoing a structural expansion, driven by Venezuela’s post-sanctions reactivation, Guyana’s steady offshore production...
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Turning policy into steel. Turning vision into ships
The United States is moving to make nuclear propulsion part of its commercial maritime revival. The U.S. Department of Transportation’s...
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IMO calls for urgent action as piracy resumes in the Gulf of Aden
IMO Secretary-General Mr. Arsenio Dominguez issued the following statement following reports of the SEAMULL being hijacked on 20 August 2026:...
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LNG Bunker Snapshot: Singapore LNG bunker price surges amid Middle East supply concerns
Rotterdam Rotterdam’s LNG bunker price has jumped by $70/mt, mirroring gains in the front-month Dutch TTF natural gas contract. Over...
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Why Maritime Operations Centers Need Fusion, Not Another Data Feed
The Constraint Isn’t Data, It’s Fusion MOCs receive multi-sensor data at volumes the operational teams inside them cannot fully process,...
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Iran’s blockade trilemma: endure, escalate or negotiate
Key takeaways • The renewed US blockade is making the status quo progressively more expensive for Tehran. Pressure now extends...
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LNG Shipping: Pacific LNG Trade on the Rise
The LNG shipping market is witnessing the emergence of Mexico’s LNG export corridor, underlying the growing influence of the Pacific...
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KONGSBERG launches Aegir SSA
KONGSBERG launches Aegir SSA (Subsea Situational Awareness), a new family of sonars designed to improve maritime security, safety, and navigation...
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Perfect Storm at Sea: High Bunker Prices Meet Declining Fuel Quality
Marine fuel buyers entered 2026 facing a perfect storm, suffering some of the highest bunker prices ever experienced, paired with...
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Platts Container Index rises to $7,565/FEU, hitting highest level in 2026
The Platts Container Index, a weighted average of key container routes, rose to $7,565/FEU on Aug. 21, increasing by $3,052.3/FEU...
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