News Flash
Carriers to remain cautious transiting Strait of Hormuz amid on-again, off-again peace talks
For the second time in a month, carriers must decide whether passage through the Strait of Hormuz is safe after...
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Six Types of Shipping Crisis And What They Mean for Freight Procurement
Disruption is familiar. The market’s response to it no longer is. Here’s why traditional tendering strategies break down in volatile...
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BIMCO and ICS welcome Beijing Convention coming into force
The Convention, officially the United Nations Convention on the International Effects of Judicial Sale of Ships, entered into force on...
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Baltic Dry Index Snaps 5-Day Rally
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, halted a five-day winning...
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Middle East April bunker fuel demand shifts as Hormuz shipping risks unsettle trade flows
Bunker fuel demand across key Middle Eastern ports declined in April as the war created uncertainty about ship movement and...
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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record...
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Strategic partnership between DYNAMARINe and Signal Ocean enhances transparency in STS operations
In an important step toward greater transparency and reliability in the maritime market, while leveraging data to improve the safety...
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OSK Design joins the Maritime Battery Forum (MBF)to bring decades of ship design expertise and hands-on battery integration experience to maritime electrification
The Maritime Battery Forum is thrilled to welcome OSK Design, an internationally recognised maritime design and consultancy firm, as the...
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Sustainable Shipping Initiative Launches First Data Map for Crew Welfare, Wellbeing and Safety, Exposing Critical Gaps for Progressive
The Sustainable Shipping Initiative (SSI) has released the first integrated, industry-wide mapping of crew welfare, wellbeing and safety data in...
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Lloyd’s Register grants approval for Navantia’s AI based Digital Twin framework
Lloyd’s Register (LR) has issued an Approval in Principle (AiP) to the Spanish shipbuilder Navantia, S.A. (Grupo SEPI) for its...
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Third WindWings® tanker “Monza” delivered to Union Maritime as wind propulsion scales amid IMO uncertainty
The LR2 tanker Monza, fitted with two 37.5-metre WindWings® developed by BAR Technologies, has been delivered to Union Maritime, marking...
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Baltic Dry Index at Near 2-1/2-Year High
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fifth...
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Maritime Visibility Collapses as Tensions Escalate Around Hormuz
Operational Overview Maritime conditions around the Strait of Hormuz are entering a significantly more unstable phase as kinetic attacks, electronic...
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Aframax Values and Earnings Reach Record Highs
Fixed age values for eight-year-old Aframaxes stand at USD 75.17 mil, the highest levels ever seen, compared to USD 53.08...
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Strait of Hormuz in April: A Stop-Start Recovery Under Persistent Risk
One month after the Strait of Hormuz ceased to function as an unobstructed passage for commercial shipping, April brought no...
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Israel eyes gas storage solution to ensure secure supply; launches survey
Israel is interested in developing a “substantial” domestic gas storage facility to ensure a “continuous and secure” supply of energy,...
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U.S. and Latin America challenge China over Panama Canal control
The United States on the 28th of last month (local time) released a joint statement with five Latin American countries...
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OECD headline inflation rises to 4.0% in March 2026 as energy prices surge
Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) rose to 4.0% in March 2026 from...
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V. launches learning academy in Chennai to train the next generation of maritime talent
V., the global ship manager and marine services provider, has launched its V.Ships Learning Academy (VSLA) in Chennai, in partnership...
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HD Hyundai Accelerates Shipbuilding Push in Vietnam
HD Hyundai is strengthening its position in Vietnam across shipbuilding and equipment as Executive Chair Kisun Chung personally inspected the...
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