News Flash
Inchcape Shipping Services Joins the Achilles Maritime Network to Strengthen ESG and Supply Chain Oversight
Inchcape Shipping Services (ISS), one of the world’s largest providers of port agency and maritime services, has strengthened its collaboration...
Read More
EU sanctions 41 more Russian shadow fleet tankers in latest crackdown
The European Union imposed sanctions on 41 additional vessels from Russia’s shadow oil tanker fleet Dec. 18, expanding restrictions designed...
Read More
West African oil struggles to find buyers as global surplus builds
West African crude oil sellers are struggling to find buyers for up to 26 December- and January-loading cargoes due to...
Read More
Wrist Acquires Delaware Ship Supply, Expanding its Coverage on the U.S. East Coast
Wrist, the world’s largest supplier of provisions, stores and spare parts logistics for vessels and offshore, today announces the acquisition...
Read More
Hi-5 fuel spread narrows by more than 10% on the week
Asia’s prompt hi-5 fuel oil spread narrowed by more than 10% week-on-week, after the high sulphur fuel oil (HSFO) market...
Read More
Clean tech producers call on EU to boost support for green shipping fuels in Europe
According to the recently published Sustainable Transport Investment Plan (STIP), decarbonising the shipping industry is estimated to require between €35...
Read More
US senator presses tanker giants over cartel-linked fuel smuggling at sea
U.S. Senator Ron Wyden has contacted seven maritime shipping companies as part of an inquiry into cartel-linked fuel smuggling between...
Read More
Baltic index falls to over one-month low
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to an...
Read More
Iron ore extends gains on improving steel margins, restocking hopes
Iron ore futures extended gains on Thursday, aided by improved steel margins and the expectation of feedstock replenishment among steel...
Read More
Global Fuel Supply moves from chartering to ownership with first vessel purchase
Global Fuel Supply (GFS) has acquired its first owned tanker, marking a milestone as the company transitions from chartered tonnage...
Read More
ClassNK issues Approval in Principle (AiP) for Multiple Alternative Fuels Ready (Ammonia/Methanol/LNG) and OCCS Ready Bulk Carrier by Oshima Shipbuilding
ClassNK has issued approval in principle (AiP) for a concept design of the Multiple Alternative Fuels Ready (Ammonia/Methanol/LNG) and OCCS...
Read More
LR and Mawani partnership to enhance skills and operational performance across Saudi Ports
Completion of 39 bespoke courses for 140 Mawani professionals marks the most extensive single-client training programme delivered by LR. Lloyd’s...
Read More
HD Korea Shipbuilding shares new technologies at MIT maritime forum
Major shipbuilding and engineering firm HD Korea Shipbuilding & Offshore Engineering (KSOE) shared its ship operation and carbon reduction technologies...
Read More
Treasury Increases Pressure on Iran’s Sanctions-Evading Shadow Fleet
Thursday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is placing further pressure on the Iranian...
Read More
Asia Fuel Oil Benchmarks little changed though inventories retreat
Trading momentum in Asia’s spot fuel oil market was largely thin on Thursday, with key benchmark differentials holding steady from...
Read More
Oil tanker traffic to Venezuela declines following seizure, sanctions
The number of oil tankers heading to Venezuela has decreased following a recent escalation by the US to oust Venezuelan...
Read More
US action in Venezuela sends strong broader signal to tankers: Frontline
US pressure on Venezuela, including the recent seizure of a tanker in Venezuelan waters, signals a bullish outlook for tanker...
Read More
Baltic index extends losses on declining rates across all vessel segments
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses to...
Read More
Amasus doubles down on bound4blue eSAILs® with second installation on general cargo vessel
bound4blue and Amasus Shipping have completed the installation of a 22-metre eSAIL® on the general cargo vessel Fluvius Tavy at Astander Shipyard...
Read More
Amon Bulk plans three new Kamsarmax vessels with NOK 298 million investment grants
Amon Maritime is pleased to announce that the company has been awarded investment grants of NOK 298 million from Enova...
Read More




