News Flash

“Nuclear energy is no longer a distant possibility for maritime applications, it is emerging as a legitimate, practical, and scalable...

In 2024, the EU imported 1.1 billion tonnes of goods from non-EU countries by sea, valued at €1 251 billion....

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that the MOL Group took part in “London...

Veson Nautical brought together more than 200 maritime industry leaders in Singapore this week to discuss the power of a...

A merchant vessel sailing in the Gulf of Aden off Yemen came under attack on Tuesday, but no casualties were...

A Singapore-registered ship’s Sri Lanka agent paid US$1 million out of US$1 billion damages awarded for causing the island’s worst...

Klaveness Combination Carriers ASA (“KCC”) and HUB Ocean have entered into a collaboration on the Ocean Sensitive Areas (“OSA”) initiative...

Qingdao Beihai shipyard has ordered 10 × Everllence B&W 7G80ME-LGIM (-Liquid Gas Injection Methanol) Mk 10.5 engines in connection with...

Asia’s high sulphur fuel oil (HSFO) market softened on Thursday, with cracks retreating from six-week highs amid profit taking. The...

Shell Marine recently released its latest paper: “From compliance to competitive edge: The case for the methane pathway”. The paper outlines...

Global shipping faces fragile growth, rising costs and mounting uncertainty as political tensions, shifting trade patterns and reconfigured routes reshape...

With global carbon capture and storage markets poised for rapid expansion, a corresponding scale-up of the CO₂ carrier fleet is...

Global Perspective Global coal demand reached 8.79 billion tons in 2024, marking a new record. According to the IEA’s Coal...

The VLCC tanker market has shown significant strength over the past couple of weeks. In its latest weekly report, shipbroker...

ClassNK has released new guidelines for those involved in container shipping, aiming to enhance the efficiency of container stowage while...

Global shipping rates have shown their steepest decline in a decade, deepening concerns within the domestic shipping industry. According to...

AVON, OHIO headquartered manufacturer Advanced Polymer Coatings (APC) has completed a tanker recoating contract for Spanish headquartered shipping line Marflet...

Next month the International Maritime Organization will consider one of the most important decisions in its history: the adoption of...

With two California refineries set to close in the coming months, major Asian oil product suppliers, including South Korean refiners...

Massive year on year growth in Guinean bauxite trade has also absorbed Capesize substantial tonnage in 2025, contributing to recent...