News Flash

Maritime Just Transition Task Force launches first interim seafarer training frameworks for the use of ammonia, methanol and hydrogen as fuel

Maritime Just Transition Task Force launches first interim seafarer training frameworks for the use of ammonia, methanol and hydrogen as fuel

The Maritime Just Transition Task Force (MJTTF) released industry-first training frameworks designed to facilitate the development of training programmes for...
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Sustainable Fuel in Transit: Overcoming Roadblocks to Adoption

Sustainable Fuel in Transit: Overcoming Roadblocks to Adoption

The transportation industry is one of the highest emitters of greenhouse gases  and among the most primed for change but...
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Dry Bulk Shipping: Indonesian Coal Flows Gradually Rebound

Dry Bulk Shipping: Indonesian Coal Flows Gradually Rebound

Following a weak start to 2025, Indonesian thermal coal shipments are showing signs of recovery. June marked the lowest monthly...
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Ship Recycling Subdued Last Week with Prices Retreating

Ship Recycling Subdued Last Week with Prices Retreating

The ship recycling market is still experiencing muted sentiment. In its latest weekly report, a leading cash buyer of ships...
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US consumers are feeling the stress of inflation, interest rates, report shows

US consumers are feeling the stress of inflation, interest rates, report shows

Some U.S. consumers are showing increased signs of stress as inflation and higher interest rates are affecting affordability and leading...
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Iron ore rebounds amid recovery in Chinese steel production

Iron ore rebounds amid recovery in Chinese steel production

Iron ore futures prices rebounded, supported by improving steel output in China, while gains in steel benchmarks reflected improving sentiment...
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Vitol, Sunoco take first gasoline cargo from Nigeria’s Dangote to the US, sources say

Vitol, Sunoco take first gasoline cargo from Nigeria’s Dangote to the US, sources say

Top global oil trader Vitol and North American fuel distributor Sunoco SUN took delivery of the first U.S. import of...
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Bureau Veritas launches OptiCARBONTM to optimize fleet energy, fuel and compliance costs

Bureau Veritas launches OptiCARBONTM to optimize fleet energy, fuel and compliance costs

OptiCARBONTM is a predictive decision platform for cruise and passenger vessel owners, operators and fleet managers, designed to optimize energy...
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Bulgaria arrests Russian shipowner in relation to deadly 2020 Beirut blast

Bulgaria arrests Russian shipowner in relation to deadly 2020 Beirut blast

Police in Bulgaria have arrested the Russian owner of a ship that brought the explosive material that detonated at Beirut...
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Hi-5 spread widens as VLSFO extends rebound

Hi-5 spread widens as VLSFO extends rebound

Asia’s hi-5 fuel oil spread widened for a second consecutive session, as the very low sulphur fuel oil (VLSFO) market...
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ABS Chairman and CEO Urges IMO to Pause and Rethink the Net Zero Framework

ABS Chairman and CEO Urges IMO to Pause and Rethink the Net Zero Framework

“Shipping and the IMO are on different trajectories. There is no clear pathway for green fuel availability and scalability and...
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Newbuilding Orders On the Rise

Newbuilding Orders On the Rise

Newbuilding ordering activity rose last week, with more owners contracting vessels. In its latest weekly report, shipbroker Banchero Costa said...
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Recovery in China’s LPG imports: Can the rebound fuel robust growth in 2H25?

Recovery in China’s LPG imports: Can the rebound fuel robust growth in 2H25?

China’s LPG market has been on a rollercoaster ride this year, caught between tariff wars, volatile petchem margins and shifting...
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2030 Shipping Goal At Risk Despite Historic Progress Made By IMO: New Report

2030 Shipping Goal At Risk Despite Historic Progress Made By IMO: New Report

The shipping sector is still off track to meet its climate target of having at least 5-10% of the fuel...
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Chinese shipyards win Korean orders, threaten South Korea small-shipyards

Chinese shipyards win Korean orders, threaten South Korea small-shipyards

Dongjin Shipping, a mid-sized Korean shipping company, has commissioned the construction of new ships to a Chinese shipyard for the...
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PaxOcean Zhoushan delivers third eco-advanced vessel to Langh Ship, supporting net zero ambitions

PaxOcean Zhoushan delivers third eco-advanced vessel to Langh Ship, supporting net zero ambitions

PaxOcean Zhoushan has delivered Martta, the third in a series of eco-advanced container feeder ships to Finland based Langh Ship....
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PSA Singapore and COSCO Expand Collaboration Beyond Port Operations with Regional Distribution Facilities in Singapore

PSA Singapore and COSCO Expand Collaboration Beyond Port Operations with Regional Distribution Facilities in Singapore

PSA Singapore (PSA) and Goldlead Supply Chain Development (Southeast Asia) Pte.Ltd. (COSCO), a joint venture between COSCO Shipping Holdings Co.,...
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H2C and Lloyd’s Register join forces to accelerate maritime fuel switching

H2C and Lloyd’s Register join forces to accelerate maritime fuel switching

H2C, the global attribute market platform for low-carbon fuels, yesterday (15 September) announce a strategic collaboration with Lloyd’s Register (LR)....
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Shipowners Face Port State Control Crackdown On BWTS Compliance

Shipowners Face Port State Control Crackdown On BWTS Compliance

BIO-UV Group is advising shipowners to ready themselves for extensive Port State Control inspections after a Concentrated Inspection Campaign (CIC)...
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VLSFO flips into premium while cracks rebound from recent lows

VLSFO flips into premium while cracks rebound from recent lows

Asia’s spot differential for very low sulphur fuel oil (VLSFO) recovered into a small premium on Monday, while cracks traded...
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