News Flash

K-SURE Provides 540 Billion Won in Special RG Support for 3 Mid-Sized Shipbuilders

K-SURE Provides 540 Billion Won in Special RG Support for 3 Mid-Sized Shipbuilders

The Korea Trade Insurance Corporation (K-SURE) said on March 27 that it has provided support for issuing refund guarantees (RG)...
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“You can’t reduce what you can’t measure” — A Sea Cargo Charter (SCC) article

“You can’t reduce what you can’t measure” — A Sea Cargo Charter (SCC) article

It is a difficult moment for shipping decarbonisation. Geopolitical instability, shifting policy timelines, and delays to the International Maritime Organization...
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UCL and RAD publish definitive study on quiet electric marine technology

UCL and RAD publish definitive study on quiet electric marine technology

University College London (UCL) has published a landmark peer-reviewed study confirming that RAD’s electric propulsion system dramatically reduces underwater noise compared to equivalent...
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NORDEN Enters Ice-Class Segment With Long-Term Contract And Vessel Order

NORDEN Enters Ice-Class Segment With Long-Term Contract And Vessel Order

NORDEN has signed a Contract of Affreightment (COA) of up to 10 years with LKAB and ordered two ice-class multipurpose...
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Bessent: US insurance program for Hormuz shipping to start soon

Bessent: US insurance program for Hormuz shipping to start soon

U.S. Treasury Secretary Scott Bessent said this week that a US insurance program designed to boost shipping through the Strait...
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Brazil sets new records as global soybean leader amid US-China trade tensions

Brazil sets new records as global soybean leader amid US-China trade tensions

With the 2025-26 harvest entering its final stages, Brazil is poised to further cement its status as the leading player...
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Sagitta Marine: “We are moving beyond routine volatility; operational resilience is a competitive advantage”

Sagitta Marine: “We are moving beyond routine volatility; operational resilience is a competitive advantage”

The dry-bulk market is currently navigating a period of profound structural disruption, driven primarily by the escalating conflict in the...
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COSCO ships turn back from Hormuz Strait despite Iran assurances

COSCO ships turn back from Hormuz Strait despite Iran assurances

Two Chinese container ships reversed course after attempting to exit the Gulf via the Strait of Hormuz on Friday, according...
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Baltic Dry Index Up for 3rd Day, Still Posts Weekly Loss

Baltic Dry Index Up for 3rd Day, Still Posts Weekly Loss

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a...
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Record LR2 trading dirty, Market Holds Firm

Record LR2 trading dirty, Market Holds Firm

A record high number of LR2s are now trading in the dirty market. While this shift first began to emerge...
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Kaizen Returns To Econavis For Second Eco Boss Cap Retrofit After 2.5% Fuel Savings Verified After Six Months

Kaizen Returns To Econavis For Second Eco Boss Cap Retrofit After 2.5% Fuel Savings Verified After Six Months

EcoNavis Solutions has completed retrofit installation of its Eco Boss Cap to a second vessel operated by Thailand-based Kaizen Ship...
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Technical fragility is a commercial risk for smaller fleet owners, says Kaiko Systems

Technical fragility is a commercial risk for smaller fleet owners, says Kaiko Systems

Leading AI-powered data collection and analysis platform, Kaiko Systems, is warning that unreliable operational data is emerging as a major...
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COSCO Shipping resumes Middle East bookings as Iran signals conditional transit through Hormuz

COSCO Shipping resumes Middle East bookings as Iran signals conditional transit through Hormuz

Chinese shipping giant COSCO Shipping’s container liner unit ‌ began restoring services to key Middle East routes after Iran signaled...
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Engine Retrofit Capability Builds As Regulatory Uncertainty Delays Conversions

Engine Retrofit Capability Builds As Regulatory Uncertainty Delays Conversions

Growing regulatory uncertainty is delaying large‑scale engine retrofit decisions, even as technical capability and retrofit readiness across the industry continue...
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How much can we really expect from the Iran sanction waiver?

How much can we really expect from the Iran sanction waiver?

At first glance, the U.S. Office of Foreign Assets Control (OFAC)’s 30-day waiver allowing imports of Iranian oil already on...
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Transport and Environment: Greece risks becoming Trump’s Trojan horse in the fight to decarbonise shipping

Transport and Environment: Greece risks becoming Trump’s Trojan horse in the fight to decarbonise shipping

As anyone knows, any great Greek tragedy is defined by an act of betrayal. Back in November, as the International...
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“Chaos is good for shipping” 2026 Strategic Lessons from the Greek Index of Shipowners

“Chaos is good for shipping” 2026 Strategic Lessons from the Greek Index of Shipowners

Against a backdrop of heightening geopolitical friction and a “recalibrating” global economy, the 9th Slide2Open Shipping Finance Conference concluded in...
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Nippon Paint Marine launches AQUATERRAS 1100: the new generation of biocide-free fouling protection

Nippon Paint Marine launches AQUATERRAS 1100: the new generation of biocide-free fouling protection

Marine coatings leader Nippon Paint Marine today announced the launch of AQUATERRAS 1100, the latest coating from its innovative AQUATERRAS...
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Marine insurers reaffirm their commitment to supporting trade in the Middle East

Marine insurers reaffirm their commitment to supporting trade in the Middle East

The global marine insurance market continues to show resilience and is maintaining the availability of cargo, hull, liability and offshore...
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Middle East crude oil tanker rates reached a multi-decade high in March

Middle East crude oil tanker rates reached a multi-decade high in March

In March 2026, tanker rates for Very Large Crude Carriers (VLCCs) leaving the Middle East to Asia were the highest...
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