News Flash
LNG Shipping Softened Last Week
The LNG market softened this week, with shrinking cargo enquiry and a growing tonnage list putting pressure on freight rates....
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Hormuz talks positive, Oman says, as Iran warns deal would not open strait
Oman has said positive talks have been taking place with Iran over an agreement to secure a shipping route through...
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The Week in Alt Fuels: Net-zero battlelines
Competing proposals from Tuvalu, Brazil, Liberia and a four-country group can take the IMO’s Net-Zero Framework in very different directions....
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A new approach to Marine HVAC for the era of vessel electrification: Daikin at SMM
The rapid electrification of modern vessels is reshaping onboard power architectures. Hybrid and electric propulsion, battery energy storage systems, fuel...
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MEPC 85: Japan tables softer GFI targets and direct contributions
Japan has proposed easing greenhouse gas fuel intensity (GFI) reduction targets from 2030 onwards and replacing the IMO Net-Zero Fund...
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Oil Producers Buy Tankers Directly to Navigate Blocked Routes
Oil-producing countries that have frequently experienced blockages in major Middle Eastern shipping routes, such as the Strait of Hormuz and...
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Momentum builds behind nuclear shipping
As shipping explores pathways towards net zero, interest in nuclear propulsion continues to grow. Governments, regulators, reactor developers, shipbuilders and...
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Southeast Asia to deliver less than one-third of planned gas power capacity by 2030
Southeast Asia is expected to deliver less than one-third of its planned gas-fired power capacity by 2030, according to new...
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HII Signs Performance-based Production Agreements with Path Robotics and GrayMatter Robotics
HII (NYSE: HII) announced today long-term performance-based production agreements with High-Yield Production Robotics (HYPR) team members GrayMatter Robotics and Path...
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Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market
Seaspan Corporation Pte. Ltd., a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of...
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Panama Strengthens Its Global Standing As Ship Registry Earns ISO 9001:2015 Recertification
In an industry where confidence is built on consistency, transparency, and operational performance, Panama has once again reinforced its position...
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India’s steel demand outpaces production growth as exports rebound but imports keep market in net-deficit
India’s steel market presented a mixed picture in July, with domestic consumption continuing to outpace production while exports rebounded sharply,...
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Antwerp and Ghent announce measures as water levels drop
Antwerp, Ghent and some Dutch ports have introduced operational measures as prolonged drought continues to lower water levels and increase...
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Drewry: World Container Index Moved Higher Last Week
For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts. If your organisation...
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China bets on synthetic gas as geopolitical risk drives need for energy security
As nations race to cut import exposure to geopolitical tensions, China is building the world’s only large-scale coal-to-gas (CTG) industry...
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US gasoline prices climb despite EPA efforts to ease stricter summer specifications
Average spot prices for US gasoline on the Gulf Coast, Atlantic Coast, Midwest, and West Coast jumped 87-119 cents/gal year...
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Castor Maritime Inc. Announces Joint Venture and Contribution of the M/V Magic Starlight
Castor Maritime Inc., a diversified global shipping and energy company, announces that it has entered into an agreement to establish...
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ARA fuel oil stocks climb 10% in early August
The ARA’s independently held fuel oil stocks have averaged 10% higher in August so far, compared to July’s monthly average,...
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Mitsui O.S.K. Lines Expects Strong Capesize Dry Bulk Demand
Financial Highlights: The First Quarter Ended June 30, 2026 In the crude oil tanker market, the vessel supply-demand balance tightened...
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Gibson tanker report – Black Sea Blues
After the disruption at the start of the year, when crude export volumes averaged just 1 mbd over the winter...
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