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LPG import recovery faces hurdles despite strong July uptick

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

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 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 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

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 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

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. 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 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

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

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

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

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

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

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

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

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

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

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

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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