News Flash
Regional Shipping Networks Gain as Global Trade Routes Realign
Global trade disruption and realignment are transforming the Red Sea Corridor into a pivotal hub for resilient supply chains, highlighting...
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Asia-US container rates stable to slightly higher; tanker rates mixed
Rates for shipping containers from east Asia and China to the US rose slightly this week while liquid chemical tanker...
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Seven ships cross Strait of Hormuz as Iran-US talks stall
Around seven ships, mainly dry bulk vessels, crossed the Strait of Hormuz in the past 24 hours, shipping data showed...
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Seaber and Sedna expand partnership to connect AI-powered fleet scheduling with voyage management
Seaber, the Finnish maritime scheduling software company, and Sedna, the Operating System for Shipping, today announced an expanded partnership, introducing...
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Sailing through troubled waters
India is one of the top three global suppliers of seafarers, with a trained workforce exceeding 320,000 skilled maritime professionals...
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Pakistan receives four bids for upcoming delivery of three spot LNG cargoes
Pakistan has received four bids from three global LNG suppliers for the delivery of three cargoes of spot LNG in...
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U.S. energy exports hit record highs as Strait of Hormuz conflict persists
The ongoing conflict in the Middle East has cemented America’s position as a global energy-exporting powerhouse, with international demand for...
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ABS and PIL to Advance Maritime Decarbonisation with Alternative Marine Fuel Emissions Verification
ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing of a Memorandum of Understanding (MOU)...
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HD Hyundai drives Korea’s shipbuilding future with digital twins, autonomy, AI robots
HD Hyundai is accelerating efforts to secure future growth engines by using digital technologies such as artificial intelligence (AI) and...
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Working Group On GHG Makes Positive Progress Before Climate Talks Next Week And Engagement Shows The Net Zero Fund Is A High Priority To Many Member States
Readout from UCL Shipping and Oceans Research group shows IMO’s Intersessional working group on GHGs has made good progress on...
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Economic Fury Targets Global Network Fueling Iran’s Oil Trade and Shadow Fleet
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned China-based independent teapot refinery Hengli Petrochemical (Dalian)...
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U.S. Navy intercepts Iran-linked vessel in Arabian Sea, orders return to Iran
U.S. naval forces intercepted a sanctioned vessel called ’Sevan’ in the Arabian Sea on Saturday, in a move tied to...
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Tanker Market Stabilizing After Recent Turbulence
Clean LR2 The TC1 75kt MEG/Japan index held in the mid to high WS120’s this week. A voyage west also...
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No safe transit through Strait of Hormuz: IMO Secretary-General
IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to address the situation in the Strait...
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Global Shipping Climate Deal Edges Closer: IMO Member States Urged to Hold Line
Ahead of this week’s meeting of the International Maritime Organization’s Marine Environment Protection Committee (IMO, MEPC 84, April 27-May 1),...
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PIL and ABS to Advance Maritime Decarbonisation with Alternative Marine Fuel Emissions Verification
Pacific International Lines (PIL) and ABS have announced a formal collaboration with a Memorandum of Understanding (MOU) to support PIL’s...
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US OFAC issues new sanctions and advisory notice on Iranian oil products
On 15 April, the US Department of the Treasury announced a further sanctions action by the Office of Foreign Assets...
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ABS and Fleet Robotics Team Up to Bring Autonomous Robotic Systems to Maritime
ABS and Fleet Robotics signed a memorandum of understanding (MOU) to collaborate on autonomous robotic systems for continuous hull cleaning...
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Genco Shipping & Trading Files Preliminary Proxy Statement in Connection with 2026 Annual Meeting of Shareholders
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today filed...
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Bureau Veritas calls for greater connectivity across value chains as AI reshapes global trade
Bureau Veritas Executive Vice-President, Industrials and Commodities, Matthieu de Tugny, delivers keynote at Singapore Maritime Week, outlining how digitalization, AI,...
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