News Flash

Australian met coal outlook not as strong as banks and investors think

Australian met coal outlook not as strong as banks and investors think

Years after major global banks began restricting finance for thermal coal used in power generation, many continue to support metallurgical...
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European gas surges to fresh 2022 highs on Middle East war strain

European gas surges to fresh 2022 highs on Middle East war strain

European wholesale natural gas prices surged to fresh 2022 highs on Monday, advancing for a fourth consecutive session as persistent...
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Russian wheat export prices drop on Black Sea peace hopes

Russian wheat export prices drop on Black Sea peace hopes

Russian wheat export prices declined last week as global grain futures responded to expectations of potential Black Sea peace negotiations,...
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IEA chief says energy markets won’t return to pre-Iran war levels

IEA chief says energy markets won’t return to pre-Iran war levels

The International Energy Agency does not expect energy markets to return to pre-war conditions in 2027, according to Executive Director...
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Iron Ore Slides on Weak Steel Mill Profits

Iron Ore Slides on Weak Steel Mill Profits

Iron ore futures fell toward CNY 670 per ton on Monday, hovering near four-year lows as weakening profitability among Chinese...
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Iraq’s oil exports put at 1.9 mbpd in 9 months

Iraq’s oil exports put at 1.9 mbpd in 9 months

Iraq exported nearly 533 million barrels of crude oil in the first nine months of 2026, an average 1.9 million...
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ABS Approves Hanwha Ocean’s Standardized FLNG Design

ABS Approves Hanwha Ocean’s Standardized FLNG Design

ABS has issued approval in principle (AIP) to Hanwha Ocean for a standardized floating liquefied natural gas (FLNG) design. By...
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Industry Experts Share Operational Insights into Wind-Assisted Propulsion Systems (WAPS)

Industry Experts Share Operational Insights into Wind-Assisted Propulsion Systems (WAPS)

ClassNK held the environmental seminar ‘Latest Trends and Practical Operation of Wind-Assisted Propulsion Systems’ (the ‘Seminar’) on October 23, sponsored...
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The EU is showing how regional maritime rules can support a global framework at the IMO

The EU is showing how regional maritime rules can support a global framework at the IMO

In April 2025, governments at the International Maritime Organization (IMO) agreed on a historic global regulation, the Net-Zero Framework (NZF)....
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Iran Threatens the Hormuz Internet Cables: Four Gulf States Have No Subsea Route That Avoids the Strait

Iran Threatens the Hormuz Internet Cables: Four Gulf States Have No Subsea Route That Avoids the Strait

On October 19, IRGC spokesman Hossein Mohebbi told a ceremony in Tehran that seven major internet cables run beneath the...
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What’s on upstream leaders’ minds?

What’s on upstream leaders’ minds?

The conflict in the Middle East has altered the global gas supply picture. Disruptions to shipping through the Strait of...
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Greece’s Gas Market at an Inflection Point: Regional Export Hub in a Tight European Winter

Greece’s Gas Market at an Inflection Point: Regional Export Hub in a Tight European Winter

The conflict in the Middle East has altered the global gas supply picture. Disruptions to shipping through the Strait of...
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GTT: Order book of 299 units valued at 1.8 billion euros for the core business

GTT: Order book of 299 units valued at 1.8 billion euros for the core business

GTT, a technology specialist in membrane containment systems for the transportation and storage of liquefied gases, reported continued commercial activity...
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Loss of bridge control: Human failure is normal – context is key

Loss of bridge control: Human failure is normal – context is key

When bridge control is lost despite the vessel’s systems remaining operational, human error can appear to be the obvious explanation....
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Ukraine gas export opening unlocks EU premium, investment potential

Ukraine gas export opening unlocks EU premium, investment potential

Ukraine’s partial reopening of natural gas exports could improve producer economics and encourage investment in domestic gas production, according to...
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Vietnam’s shipbuilding industry needs a boost to venture further out to sea

Vietnam’s shipbuilding industry needs a boost to venture further out to sea

Orders from South Korean and Dutch partners, alongside demand for offshore engineering service vessels, are creating new opportunities for Vietnam’s...
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Korean shipbuilders eye FSRU conversions as aging LNG carriers spur demand

Korean shipbuilders eye FSRU conversions as aging LNG carriers spur demand

The conversion of aging liquefied natural gas (LNG) carriers into floating storage and regasification units (FSRUs) is emerging as a...
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EU Proposed SMAP subsidy favors e-fuels and bioLNG

EU Proposed SMAP subsidy favors e-fuels and bioLNG

Europe’s carbon market could provide financial incentives for shipowners to switch to alternative fuels, although the level of support would...
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Biofuel Bunker Snapshot: Lower feedstock costs limit Rotterdam B30-VLSFO price gain

Biofuel Bunker Snapshot: Lower feedstock costs limit Rotterdam B30-VLSFO price gain

Rotterdam’s B30-VLSFO (POMEME) price has risen by $11/mt over the past week, while the port’s conventional VLSFO price has increased...
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Russian diesel tanker heads to New York as Kremlin claims regular shipments

Russian diesel tanker heads to New York as Kremlin claims regular shipments

The Malta-flagged medium-sized tanker Agioi Fanendes is heading to New York carrying Russian diesel, according to shipping data, with the...
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