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Russian seaborne crude exports down with less Indian demand amid tightening EU sanctions

Russian seaborne crude exports down with less Indian demand amid tightening EU sanctions

Russian seaborne crude exports have fallen sharply so far in January with less Indian demand amid tightening sanctions, following months...
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HD Hyundai’s Avikus Secures Industry-Record Contract To Supply Autonomous Navigation To 40 HMM Vessels

HD Hyundai’s Avikus Secures Industry-Record Contract To Supply Autonomous Navigation To 40 HMM Vessels

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, has signed a landmark agreement with HMM, South Korea’s leading national carrier, to...
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OPEC regains share in India as Russian oil imports slump in December

OPEC regains share in India as Russian oil imports slump in December

India’s Russian oil imports fell to their lowest level in two years in December, as Western sanctions pushed refiners to...
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Singapore’s biobunker sales hit record high of 1.36 mil mt in 2025

Singapore’s biobunker sales hit record high of 1.36 mil mt in 2025

Biobunker sales in Singapore, Asia’s largest biobunkering hub, rose 54.4% year over year to a record high of 1.36 million...
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Maersk ramps up Suez Canal return that could dampen freight rates

Maersk ramps up Suez Canal return that could dampen freight rates

Maersk said last week that one of its services will resume using the Red Sea and Suez Canal this month,...
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Credibility, Capacity, and Constraint: Reflections on Ship Recycling in 2025 and What 2026 May Bring

Credibility, Capacity, and Constraint: Reflections on Ship Recycling in 2025 and What 2026 May Bring

The ship recycling market closed 2025 constrained, not distressed. Volumes remained low, prices eased further from early 2024 levels, and...
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Xeneta Schedule Reliability Scorecard: Global schedule reliability in 2025 only appeared stable on the surface

Xeneta Schedule Reliability Scorecard: Global schedule reliability in 2025 only appeared stable on the surface

Global schedule reliability in 2025 only appeared stable on the surface, masking a tug-of-war between geopolitical disruption and network optimisation....
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Tankers: VLCC Market Stages Strong Comeback

Tankers: VLCC Market Stages Strong Comeback

Clean LR2 MEG LR2 freight rates climbed for the second week on week seeing the assessed TC1 rate for 75kt...
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Urals freight rates to India rise in January on bad weather conditions and higher risks

Urals freight rates to India rise in January on bad weather conditions and higher risks

Freight rates for tankers to ship Urals crude from Russia’s western ports to India have risen this month, as bad...
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Mintra Strengthens SQLearn Acquisition with Appointment of Vassilios Demetriades as Global Ambassador

Mintra Strengthens SQLearn Acquisition with Appointment of Vassilios Demetriades as Global Ambassador

Mintra, a global leader in digital learning and workforce management solutions for the maritime and energy industries, today announced the...
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SEA.AI and BRNKL Partner to Deliver AI Vision Recording and Incident Intelligence for Maritime Operations

SEA.AI and BRNKL Partner to Deliver AI Vision Recording and Incident Intelligence for Maritime Operations

SEA.AI, the leader in AI-powered maritime situational awareness, has announced a new partnership with Barnacle Systems, engineers of advanced vessel...
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Cargill Advances Maritime Decarbonisation with Delivery of First Green Methanol Dual-Fuel Vessel

Cargill Advances Maritime Decarbonisation with Delivery of First Green Methanol Dual-Fuel Vessel

Cargill today announced the maiden voyage of Brave Pioneer, the first of five green methanol dual-fuel dry bulk vessels chartered...
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Russia’s seaborne oil products exports rise 17% in December amid higher fuel output, data shows

Russia’s seaborne oil products exports rise 17% in December amid higher fuel output, data shows

Russia’s seaborne oil products exports in December were up by 17% from November at 9.069 million metric tons, driven by...
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U.S. seizes Venezuela-linked tanker ahead of Trump-Machado meeting

U.S. seizes Venezuela-linked tanker ahead of Trump-Machado meeting

The United States has seized another Venezuela-linked tanker, U.S. officials told Reuters, ahead of a meeting between U.S. President Donald...
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CF Industries, Trafigura and TFG Marine sign MOU to advance low-carbon ammonia for maritime decarbonization

CF Industries, Trafigura and TFG Marine sign MOU to advance low-carbon ammonia for maritime decarbonization

CF Industries Holdings Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, Trafigura, a market leader in...
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Greece warns shipping fleet of risks after Black Sea drone attacks

Greece warns shipping fleet of risks after Black Sea drone attacks

Greece has warned its shipping fleet to review their security measures when sailing to Russian Black Sea ports after drone...
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Diana Shipping plans proxy fight at Genco, ready to nominate 6 directors, sources say

Diana Shipping plans proxy fight at Genco, ready to nominate 6 directors, sources say

Global shipping company Diana Shipping plans to launch a proxy fight to replace rival Genco Shipping & Trading’s six current...
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VLCC rates rebound in H1 Jan on fleet consolidation, strong demand

VLCC rates rebound in H1 Jan on fleet consolidation, strong demand

Asian VLCC spot rates have staged a rebound over the first half of January from a decline in the second...
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Singapore Opens Applications for Additional LNG Bunkering Licences

Singapore Opens Applications for Additional LNG Bunkering Licences

The Maritime and Port Authority of Singapore (MPA) has opened applications for additional licences to supply liquefied natural gas (LNG)...
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Wärtsilä Lifecycle Agreement ensures reliable performance and efficiency for 12 new LNG carriers

Wärtsilä Lifecycle Agreement ensures reliable performance and efficiency for 12 new LNG carriers

Technology group Wärtsilä has signed a 10-year Lifecycle Agreement with MOL Global Ship Management, a Singapore based ship management company...
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