News Flash

Fuel oil demand defies forecasts due to Red Sea disruptions and shadow fleet expansion

Fuel oil demand defies forecasts due to Red Sea disruptions and shadow fleet expansion

safety certification cover. The shadow fleet comprises between 1,200 and 1,600 tankers, according to estimates from industry sources and analysts,...
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How they spent it – Recent trends in shipping M&A

How they spent it – Recent trends in shipping M&A

Leading shipping companies are engaging in record levels of M&A activity, driven by macro-economic and geo-political events, increasing decarbonization regulations...
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Dry Bulk Market: Capesize Endure Challenging Week

Dry Bulk Market: Capesize Endure Challenging Week

Capesize The Capesize market endured a challenging week, marked by a steady decline in rates and a sharp deterioration in...
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Tanker Market: The Impact of Kurdish Oil Flows Reentering the Market

Tanker Market: The Impact of Kurdish Oil Flows Reentering the Market

After 2.5 years, Kurdish crude has been flowing once again. In its latest weekly report, shipbroker Gibson said that “Saturday...
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‘Arbitrary & capricious’: Lawsuit filed against Trump’s $100,000 H-1B visa fee

‘Arbitrary & capricious’: Lawsuit filed against Trump’s $100,000 H-1B visa fee

US President Donald Trump’s plan to impose a $100,000 fee on new H-1B visas for highly skilled foreign workers is...
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Marine Medical Solutions Calls for Mandatory Safeguarding Declarations from Seafarers with HIV or Hepatitis

Marine Medical Solutions Calls for Mandatory Safeguarding Declarations from Seafarers with HIV or Hepatitis

Marine Medical Solutions, a member of OneCare Group, is calling for stronger safeguarding measures to protect seafarers, including the introduction...
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Autonomous Vessel Navigation System Verified by ABS for Fuel-Saving Verification Framework

Autonomous Vessel Navigation System Verified by ABS for Fuel-Saving Verification Framework

ABS awarded a statement of compliance certificate to AVIKUS Co., Ltd., for the fuel-saving verification framework that AVIKUS has developed...
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Despite Slowing Trend Into Q4, 2025 ‘Not As Bad As Feared’ For Airlines And Forwarders As Trade Turmoil Puts Air Cargo Volumes On Track For 3-4% Growth Year-On-Year

Despite Slowing Trend Into Q4, 2025 ‘Not As Bad As Feared’ For Airlines And Forwarders As Trade Turmoil Puts Air Cargo Volumes On Track For 3-4% Growth Year-On-Year

The global air cargo market is on course for +3-4% growth in demand in 2025 based on current trading conditions,...
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Baleària begins exclusive bioLNG use on three of its ships, which now sail with zero emissions

Baleària begins exclusive bioLNG use on three of its ships, which now sail with zero emissions

Baleària is taking another step forward in its roadmap towards decarbonisation and has begun regularly incorporating bioLNG in its operations....
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Asia Fuel Oil: Markets soften due to pressure from prompt supplies

Asia Fuel Oil: Markets soften due to pressure from prompt supplies

Asia fuel oil markets softened at the end of the trading week, as ample prompt supply continued to weigh on...
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Baltic Index Posts Largest Weekly Drop In Over Eight Months

Baltic Index Posts Largest Weekly Drop In Over Eight Months

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged down on...
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Maritime industry still debating its fuel of choice for the future, experts conclude during panel discussion

Maritime industry still debating its fuel of choice for the future, experts conclude during panel discussion

The seminar took the theme of The Fuel Landscape and attracted a high-calibre panel to lead the discussion on what...
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Fuel oil demand defies forecasts due to Red Sea disruptions and shadow fleet expansion

Fuel oil demand defies forecasts due to Red Sea disruptions and shadow fleet expansion

Fuel oil used in ships and power plants is seeing unexpected demand, with efforts to curb its use more than...
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A digital sea change

A digital sea change

The push for digitalisation in shipping is less a gentle tide and more a high-stakes race against obsolescence, according to...
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Legal issues and regulatory developments

Legal issues and regulatory developments

This chapter provides an overview of important international legal issues and regulatory developments affecting maritime transport and trade. Part A...
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Iowa teen killed in hunting accident after being mistaken for a squirrel

Iowa teen killed in hunting accident after being mistaken for a squirrel

A hunting trip in rural Iowa turned fatal after a 17-year-old boy was mistakenly shot by a fellow hunter who...
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Panama Canal Extends Service Hours and Updates Transit Reservation System

Panama Canal Extends Service Hours and Updates Transit Reservation System

The Panama Canal announces enhancements to its Transit Reservation System aimed at providing a faster and more accessible service for...
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NYK and Stolt Tankers to Build Two Additional Chemical Tankers Building a Total of Eight Vessels to Capture Growing Demand for Chemical Tankers

NYK and Stolt Tankers to Build Two Additional Chemical Tankers Building a Total of Eight Vessels to Capture Growing Demand for Chemical Tankers

NYK Stolt Tankers, S.A., a joint venture between NYK and Stolt Tankers Limited (“Stolt Tankers”), has signed a contract with...
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ABS Launches Pioneering Technology Center in Saudi Arabia to Shape the Future of Global Maritime Innovation

ABS Launches Pioneering Technology Center in Saudi Arabia to Shape the Future of Global Maritime Innovation

ABS has launched the Saudi Arabia Technology Center dedicated to industry-leading work on smart systems, robotics, AI and advanced digital...
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PowerCell secures breakthrough contract to equip world’s first hydrogen-powered bulk carriers

PowerCell secures breakthrough contract to equip world’s first hydrogen-powered bulk carriers

PowerCell, the world’s leading supplier of fuel cells for the marine market, has secured a contract worth just over SEK...
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