News Flash

Scarcity of recycling tonnage pushes Indian yards towards highly speculative bids, says Wirana Shipping

Scarcity of recycling tonnage pushes Indian yards towards highly speculative bids, says Wirana Shipping

Indian ship recyclers are increasingly prepared to bid at levels that could result in substantial losses based on current prices...
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Mission Area Monitoring: Maintaining Maritime Operational Awareness

Mission Area Monitoring: Maintaining Maritime Operational Awareness

In Q2 2026, Windward recorded 3,137 prolonged dark activity events involving 2,157 unique cargo ships and tankers over 10,000 DWT,...
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Piper Sandler sees Brent at $90 in H2 — and says that may be an underestimate

Piper Sandler sees Brent at $90 in H2 — and says that may be an underestimate

Piper Sandler lifted its second-half 2026 Brent crude price forecast by $10 per barrel to $90/b, citing an entrenched Middle...
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European feed prices hit record highs on volatile futures

European feed prices hit record highs on volatile futures

European soybean meal and corn prices climbed to their highest levels since Platts, part of S&P Global Energy, launched its...
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Kalmar plans to simplify its operating model to accelerate growth, enhance customer focus, and optimize operational efficiency

Kalmar plans to simplify its operating model to accelerate growth, enhance customer focus, and optimize operational efficiency

The Board of Directors of Kalmar Corporation has decided to initiate a planning and reorganization of its operating model to...
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KR Issues Statement of Fact to ShipWatch for Vessel Performance Calculation Methodology

KR Issues Statement of Fact to ShipWatch for Vessel Performance Calculation Methodology

KR (Korean Register) has issued a Statement of Fact for the Vessel Performance Calculation Methodology developed by ShipWatch, an affiliated...
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Tankers: VLCC Market Trending Higher

Tankers: VLCC Market Trending Higher

LR2 The TC1 75kt MEG/Japan held flat this week with the index published around the WS565-568 level. A voyage west...
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US and Iran trade retaliatory attacks on ships as conflict flares

US and Iran trade retaliatory attacks on ships as conflict flares

The US and Iran traded retaliatory attacks on ships on Saturday, in the latest round of strikes since fighting flared...
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Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies

Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies

Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for...
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Panama Canal Postpones Neopanamax Draft Adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the Neopanamax Locks which will allow customers...
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Citi raises Q3 Brent forecast to $86 on Hormuz closure

Citi raises Q3 Brent forecast to $86 on Hormuz closure

  Citi raised its third-quarter 2026 Bent crude oil price forecast to $86 per barrel from a previous estimate of...
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EU to make last-minute decision on Arctic oil and gas drilling ban

EU to make last-minute decision on Arctic oil and gas drilling ban

  The European Commission will soon unveil its revised Arctic strategy and whether to maintain or scrap its 2021 position...
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Singapore defers cargo SAF levy to 2028, plans year-end tender

Singapore defers cargo SAF levy to 2028, plans year-end tender

  Singapore will defer its sustainable aviation fuel levy on air cargo by one year and plans to launch a...
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Wah Kwong NatPower and Jiangsu Port Group to develop inland vessel electrification network

Wah Kwong NatPower and Jiangsu Port Group to develop inland vessel electrification network

  Electric shore power infrastructure firm Wah Kwong NatPower has partnered with the investment arm of Jiangsu Port Group to...
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Techcross Renews ‘Smart Platform’ to Enhance AI-Powered Vessel Management   

Techcross Renews ‘Smart Platform’ to Enhance AI-Powered Vessel Management  

  Techcross has completely renewed its Smart Platform, a dedicated web-based service for shipowners. The key focus of the renewal...
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New 12,500 m³ LNG bunker vessel design gains LR approval as bunkering demand grows

New 12,500 m³ LNG bunker vessel design gains LR approval as bunkering demand grows

  Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to CSSC Huangpu Wenchong Shipbuilding Co., Ltd. for a new...
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SMM 2026: Security becomes the dominant issue for the maritime industry

SMM 2026: Security becomes the dominant issue for the maritime industry

    For four days, SMM 2026 focused on the key challenges facing the maritime industry – from maritime security...
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ClassNK Grants Approval in Principle to OceanWings’ RF and RT Wingsail Designs

ClassNK Grants Approval in Principle to OceanWings’ RF and RT Wingsail Designs

  Expanded approval confirms the scalability of OceanWings technology across a broad range of vessel sizes and shipping segments. Emmanuel...
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Dorian LPG Ltd. Announces VLGC Newbuilding Contracts, Forward Chartering Estimates, and New Credit Facility

Dorian LPG Ltd. Announces VLGC Newbuilding Contracts, Forward Chartering Estimates, and New Credit Facility

  Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), today announced that it...
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GMS Week 36 – Strikes return, Freight Soars

GMS Week 36 – Strikes return, Freight Soars

  The sanctions package that landed last week barely had time to settle before the shooting resumed. Renewed U.S. strikes and...
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