News Flash

HSFO softens further as market eyes heavy inflows

Strength in the Asia high sulphur fuel oil (HSFO) market eased further on Wednesday as the market eyed heavy supply....
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ThPA S.A. hosts the 21st edition of the European Sea Ports Organisation Conference (ESPO Conference)

ThPA S.A. has the honour to host the leading event organized annually by the European Sea Ports Organisation (ESPO). The...
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Ship Recycling Remained Sluggish, But Cautious Optimism Could Be the Case Soon

The ship recycling market has been sluggish over the past week, but sentiment could be shifting optimistic soon. In its...
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IMO to develop global strategy for maritime digitalization

IMO to develop global strategy for maritime digitalization: IMO to develop global strategy for maritime digitalization banner medium The International...
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APC Announces New Global Technical Services Manager

Advanced Polymer Coatings (APC), the Ohio, USA-based manufacturer of protective tank coatings for chemical and product tankers, today announced the...
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Rising packaged rice imports from Asia poses threat to EU rice sector: Italian rice association director

The influx of rice cultivated, processed, and packaged in Asian countries for direct sale to European consumers poses a significant...
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Russian oil flows to India, China unlikely to dwindle despite Ukraine peace talks

Russia’s temporary halt on attacks on Ukraine’s energy infrastructure has raised hopes of a peace deal and eventual lifting of...
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Sea Robbery Incidents in the Straits of Malacca and Singapore

The ReCAAP ISC alerts the maritime community on the occurrence of incidents of sea robbery onboard barges towed by tug...
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Tanker owners praise ‘exceptionally brave crew’

The co-owners of a tanker involved in a collision with a cargo ship in the North Sea have released the...
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The UGS Reinforces Commitment to Europe’s Maritime Future in Meeting with Commissioner Tzitzikostas

The President of the Union of Greek Shipowners (UGS), Ms Melina Travlos, and members of the UGS Board of Directors...
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GNV Tests RINA’s Machine Learning and Predictive Models to Optimize Energy Use on New Vessel

GNV has chosen RINA’s SERTICA Performance for the latest addition to its fleet, the GNV Polaris, starting right away by...
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Dan-Bunkering completes Union Bulk’s first biofuel operation in Singapore

Dan-Bunkering has completed Union Bulk’s first ever bunkering of biofuel in Singapore. The delivery was coordinated by Dan-Bunkering and executed...
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PPG announces first drydocking for COSCO Shipping with electrostatic application of PPG SIGMAGLIDE coating

PPG announced the first drydocking for COSCO Shipping Energy Transportation Ltd. using electrostatic application of PPG SIGMAGLIDE® fouling release coating....
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HarborLab fully embeds Artificial Intelligence into platform ecosystem as it launches new AI-powered disbursement agent tool

HarborLab, the Athens-based maritime technology company, has launched a new AI-powered feature designed to optimise Disbursement Account (DA) analysis and...
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China’s steel and iron ore swing between hopeful outlook and grim reality

China’s iron ore and steel sectors are caught between expectations that conditions are about to improve and the reality that...
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HSFO extends decline; more incoming supplies eyed

Spot premiums for high sulphur fuel oil (HSFO) retreated further on Tuesday, while more supplies continued to be eyed for...
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United Maritime Says Alternative Trade Routes Could Emerge

United Maritime Corporation, announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The Company...
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Red Sea insurance rates to stay firm as US airstrikes raise fears for ships

The cost of shipping goods through the Red Sea is expected to remain firm after the United States carried out...
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Dry bulk likely first shipping victim of turbulent tariffs landscape

The shipping industry faces mounting pressure as the US, China, Canada, and the EU engage in reciprocal tariff measures, with...
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Baltic Index Down on Lower Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, eased on Tuesday...
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