News Flash

Baltic Dry Index Extends Losing Run Into 8th Day

Baltic Dry Index Extends Losing Run Into 8th Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for the...
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BIMCO launches Seafarer’s Digital Certificates Charter to support industry-wide adoption

BIMCO launches Seafarer’s Digital Certificates Charter to support industry-wide adoption

BIMCO has launched the Seafarer’s Digital Certificates Charter, marking an important step in supporting the industry’s transition towards secure and...
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OceanScore and Anglo-Eastern collaborate on EU ETS and FuelEU Maritime compliance support

OceanScore and Anglo-Eastern collaborate on EU ETS and FuelEU Maritime compliance support

OceanScore and Anglo-Eastern Univan Group (“Anglo-Eastern”) are working together to support compliance with the European Union Emissions Trading System (EU...
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ESPO calls for a pragmatic implementation of the Entry/Exit System ahead of the summer peak season

ESPO calls for a pragmatic implementation of the Entry/Exit System ahead of the summer peak season

Ahead of the summer peak season, the European Sea Ports Organisation (ESPO) remains concerned about the potential impact that the...
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ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization

ABS Sets Out Technical View on IMO Mid-Term Measures and Pathway to Decarbonization

In an open letter to the industry, ABS has set out a measured and data-driven approach to support the development...
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World Oceans Day: IMO urges nations to put ocean policies into practice

World Oceans Day: IMO urges nations to put ocean policies into practice

World Oceans Day (8 June) highlights shipping’s responsibility to protect the marine environment. To mark World Ocean Day on 8...
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Centrofin embarks on a journey with LR to drive next phase of digital transformation

Centrofin embarks on a journey with LR to drive next phase of digital transformation

Lloyd’s Register (LR) is supporting Greek shipowner Centrofin as it enters the next stage of its digital transformation. The company...
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Diana Shipping Inc. Focuses Proxy Contest On Election Of Jens Ismar And Paul Cornell To Genco Shipping & Trading Board

Diana Shipping Inc. Focuses Proxy Contest On Election Of Jens Ismar And Paul Cornell To Genco Shipping & Trading Board

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in  of dry bulk vessels that is...
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Baltic Dry Index at Over 1-Month Low

Baltic Dry Index at Over 1-Month Low

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, retreated for the seventh...
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Bureau Veritas brings together industry leaders at Posidonia to explore the future of maritime digitalization

Bureau Veritas brings together industry leaders at Posidonia to explore the future of maritime digitalization

The session, “HowBureau Veritas’ Digital Solutions Reduce Risk, Lower Cost & Enhance Asset Value”, brought together a diverse collection of...
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Strait of Hormuz disruption threatens extended decline in global tanker demand

Strait of Hormuz disruption threatens extended decline in global tanker demand

Maritime disruptions through the Strait of Hormuz are reshaping global oil trade flows in ways that could threaten extended declines...
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Dry Bulk Market: Capesize Market Softening

Dry Bulk Market: Capesize Market Softening

Capesize The market closed the week on a softer footing, with the BCI 182 5TC easing from just under $50,000...
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DP World Launches Nuclear Energy Study at Port of Constanta in Romania

DP World Launches Nuclear Energy Study at Port of Constanta in Romania

DP World has signed an agreement with French research organisation Commissariat à l’Energie Atomique et aux Energies Alternatives (CEA) and...
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Suez, Panama canals charge for transit. Why can’t Hormuz?

Suez, Panama canals charge for transit. Why can’t Hormuz?

Iran has been widely condemned for demanding up to $2 million for vessels to ship through the Strait of Hormuz....
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Sailors stressed and exhausted after months trapped by Strait of Hormuz blockade

Sailors stressed and exhausted after months trapped by Strait of Hormuz blockade

The sea is sometimes so tranquil that Captain Hassan Khan forgets his ship has been stuck in the middle of...
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Why Customs Enforcement Is Moving from Document Screening to Behavioral Intelligence

Why Customs Enforcement Is Moving from Document Screening to Behavioral Intelligence

The Screening Model Customs Was Built On No Longer Holds For most of the last twenty years, customs enforcement has...
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Panama Canal Announces Draft Adjustment for Neopanamax Vessels

Panama Canal Announces Draft Adjustment for Neopanamax Vessels

The Panama Canal announced through an advisory to shipping companies that, effective July 1, the maximum authorized draft for vessels...
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Biofuel Bunker Snapshot: Rotterdam B30-VLSFO edges higher despite POMEME barge price drop

Biofuel Bunker Snapshot: Rotterdam B30-VLSFO edges higher despite POMEME barge price drop

ARA and Europe Rotterdam’s B30-VLSFO (POMEME) price has shown a slight increase of $9/mt over the week. The port’s conventional...
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Carriers announce peak season surcharges on demand surge ahead of fresh US tariffs

Carriers announce peak season surcharges on demand surge ahead of fresh US tariffs

Container shipping majors are out with peak season surcharges for mid-June and early-July, driven by soaring demand amid an early...
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Sanctioned tanker scrapping could offset large order book: operators

Sanctioned tanker scrapping could offset large order book: operators

Whether a large newbuild order book would weigh on tanker rates could depend on the pace of shadow-fleet scrapping and...
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