News Flash
Two Closed Corridors: Hormuz and Bab el-Mandeb Both Effectively Shut to Tanker Traffic
Operational Overview Both major Gulf corridors are effectively closed to normal commercial tanker traffic, for different reasons on each side....
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EU ETS billions should not fund fuels alone, says PortXchange
On 17 July 2026, the European Commission proposed a targeted revision of the EU Emissions Trading System to strengthen European...
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Europe Macro Credit Conditions Weaken Due to US-Iran War Impact
Macroeconomic conditions in developed Europe will remain impaired by spillovers from the Iran war, even if the Strait of Hormuz...
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Oil markets under-pricing geopolitical supply shock, warns Mirae Asset
Global oil markets are moving through a fragile phase in which geopolitical risk, maritime disruption, depleted inventory buffers, and stress...
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India lowers antidumping duty on met coke imports; measure valid for five years
India has lowered the antidumping duty on met coke imports from several countries and set the duty’s validity for five...
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Fuel Switch Snapshot: Pooling party cools for B100 and LBM
OceanScore’s FuelEU pooling price index has fallen to €131.75/mtCO2e ($150/mtCO2e), down by around €28/mtCO2e ($32/mtCO2e) over the past week. Over...
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How Conflict in the Middle East is Impacting Maritime
On 20 July, Houthi forces declared a full maritime blockade against Saudi Arabia, closing the Bab al-Mandab Strait to vessels...
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Sustained robotic operations: where proof really begins
In the Middle East, uncrewed maritime systems are supporting continuous national surveillance operations in extreme heat, high salinity, congested waters...
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EU’s 21st Sanctions Package: Full Maritime Services Ban Shelved
The EU’s 21st sanctions package has been released and, as anticipated, the proposal for a full maritime services ban was...
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EC approves Dutch state aid for ships running on green methanol, hydrogen
The European Commission has approved the Netherlands’ state aid scheme to acquire a fleet of ships running on renewable hydrogen...
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Baltic Dry Index Falls Further on Tuesday
The Baltic Dry Index fell 1.2% to 2,664 on Tuesday, reaching its lowest level since July 2. The Capesize Index,...
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LPG import recovery faces hurdles despite strong July uptick
Global LPG markets began July with a sense of cautious optimism. Seaborne LPG imports were moving back toward seasonal norms,...
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CMT Introduces Simple Pressure Drop Test To Help Detect Engine Energy Lossx
Germany’s CM Technologies (CMT) has introduced a compact Pressure Drop Test Instrument (PDTI) designed to identify cylinder pressure leaks before...
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Hanwha Ocean Posts 98% Operating Profit Surge on LNG, Cost Gains
Hanwha Ocean recorded an “earnings surprise” in the second quarter of this year, driven by strong performance in its commercial...
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Daehan Shipbuilding Wins Two Suezmax Orders
Daehan Shipbuilding has achieved its largest annual order volume since its founding by securing a large-scale order at the start...
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Korea backs shipbuilders to adopt domestic green, autonomous equipment
The government is reviewing a plan to support the expense of installing domestically made eco-friendly and autonomous-navigation equipment by Korean...
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IBIA Statement on Recent Marine Fuel Quality Concerns
IBIA is aware of recent reports highlighting operational issues observed in connection with certain residual marine fuels containing components which...
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EU maritime emissions rose in 2025 as more ships entered MRV reporting scope
Greenhouse gas (GHG) emissions by ships on EU-linked voyages increased in 2025, according to EU MRV data, largely due to...
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Diana Shipping Inc. Urges Genco Shipping & Trading to Stop Misleading Investors and Engage in Good Faith Negotiations
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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High bunker prices drive decarbonization amid Hormuz crisis
High bunker prices are driving decarbonization efforts during the Hormuz shipping crisis this year, according to Sea Cargo Charter Chair...
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