News Flash
LPG import recovery faces hurdles despite strong July uptick
Global LPG markets began July with a sense of cautious optimism. Seaborne LPG imports were moving back toward seasonal norms,...
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CMT Introduces Simple Pressure Drop Test To Help Detect Engine Energy Lossx
Germany’s CM Technologies (CMT) has introduced a compact Pressure Drop Test Instrument (PDTI) designed to identify cylinder pressure leaks before...
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Hanwha Ocean Posts 98% Operating Profit Surge on LNG, Cost Gains
Hanwha Ocean recorded an “earnings surprise” in the second quarter of this year, driven by strong performance in its commercial...
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Daehan Shipbuilding Wins Two Suezmax Orders
Daehan Shipbuilding has achieved its largest annual order volume since its founding by securing a large-scale order at the start...
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Korea backs shipbuilders to adopt domestic green, autonomous equipment
The government is reviewing a plan to support the expense of installing domestically made eco-friendly and autonomous-navigation equipment by Korean...
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IBIA Statement on Recent Marine Fuel Quality Concerns
IBIA is aware of recent reports highlighting operational issues observed in connection with certain residual marine fuels containing components which...
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EU maritime emissions rose in 2025 as more ships entered MRV reporting scope
Greenhouse gas (GHG) emissions by ships on EU-linked voyages increased in 2025, according to EU MRV data, largely due to...
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Diana Shipping Inc. Urges Genco Shipping & Trading to Stop Misleading Investors and Engage in Good Faith Negotiations
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is...
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High bunker prices drive decarbonization amid Hormuz crisis
High bunker prices are driving decarbonization efforts during the Hormuz shipping crisis this year, according to Sea Cargo Charter Chair...
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Baltic Dry Index Falls
The Baltic Dry Index declined 1.7% to 2,696 on Monday, ending a three-session winning streak. The Capesize Index, which tracks...
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Shipping access to Ukrainian ports suspended after Russian attacks
Ships will not be docking at Ukrainian ports for now because of concerns over Russian attacks, it was reported on...
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VOYWAR 1993: Alternative Voyage Orders and Frustration
A recently published London Maritime Arbitrators Association (LMAA) award, London arbitration 8/26, has provided some useful guidance on the interpretation...
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Korea ship engine makers outpace shipbuilders as China demand lifts orders
Hanwha Engine and HD Hyundai Marine Engine, the two leading domestic ship engine makers, secured as much work in the...
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Charting a New Course: Countering China’s Dominance in Global Shipbuilding
Matthew Funaiole testified before the House Foreign Affairs East Asia and Pacific Subcommittee about how China’s increasing dominance in global...
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Hormuz, Malacca and other key straits spawn tensions throughout history
As Iran tightens its grip on the Strait of Hormuz, its Yemeni allies, the Houthi rebels, want to disrupt shipping...
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Biofuel Bunker Snapshot: Conventional fuel gains lift B30 prices
Europe Rotterdam’s B30-VLSFO (POMEME) price has gained $28/mt in the last week, possibly supported by an $18/mt increase in the...
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How to Build a Reliable Data Management System
Last month I joined a panel at Commodity Trading Week Americas 2026 titled “Data-Driven Trading: Strengthening Your Data Management Framework.”...
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Tankers: VLCC Market Keeps Grinding Higher
Clean LR2 The TC1 75kt MEG/Japan index continued to move up this week by 48 points to WS499. A voyage...
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Selective Enforcement: Saudi Crude Keeps Moving Under the Houthi Blockade
On July 20, Houthi-aligned forces announced a full naval blockade of Saudi Arabia, framed as retaliation for Saudi strikes on...
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Asia-US container rates to West Coast fall, mixed to East Coast; tanker rates soften
Spot rates for shipping containers from east Asia and China fell to the West Coast and rates to the East...
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