News Flash
Pacific Basin seafarers trained to prevent suicide through partnership with The Mission to Seafarers
The Mission to Seafarers (MtS) has partnered with Pacific Basin Shipping to deliver suicide prevention training that has already empowered...
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LNG market mulls potential fallout from Russian cargo discharge in China
LNG traders on Sept. 1 were assessing the implications for trade flows after the Arctic Mulan, a sanctioned Russian LNG...
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For the first time in 14 years, Syria resumes oil exports with a shipment of 600,000 barrels
Before 2010, when the protests against Bashar al-Assad led to a civil war in the country, oil provided more than...
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Econavis Solutions And Franman Partner Up To Bring Eco Boss Cap Technology To Greek Shipping Market
EcoNavis Solutions has signed an agency agreement with Greece-based company Franman to distribute its Eco Boss Cap technology in Greece,...
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Rising yard days could tighten supply ahead
Repair yard days for Capesize ships are climbing again in 2025, this time driven by a wave of retrofits due...
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Seacontractors and Jifmar Group agree on workboats fleet transaction
As part of this agreement, Jifmar Group will acquire Seacontractors workboats fleet up to the 50-tons bollard pull class, under...
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Wallenius Marine and ABB Form Joint Venture to Offer Innovative Fleet Support Center Service
Wallenius Marine and global technology leader ABB launch a joint venture to accelerate the global rollout of OVERSEA™ – an innovative...
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Closelink and StormGeo integration improves lubricant management
Closelink GmbH, a maritime technology company specialising in marine lubricant procurement, and StormGeo, a global leader in weather intelligence and...
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WinGD joins MAMII initiative tackling methane from LNG-powered ships
Engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), becoming the first engine developer to become...
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The world’s first complete commercial ammonia fueled engine has been accomplished
Japan Engine Corporation (J-ENG) accomplished the first fully-functional full-scale commercial engine 7UEC50LSJA-HPSCR (50 cm bore, 7 cylinders, with High Press....
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The Caravel Group and Celsius Tankers Partner to Co-Own and Operate Green Fleets of the Future
The Caravel Group (“Caravel”) and Celsius Tankers (“Celsius”) announce the formation of a strategic joint venture to co-own and operate...
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OceanScore Launches Industry’s Most Accurate and Transparent FuelEU Pool-Price Index (OPX)
OceanScore today announced the launch of the OceanScore Pool-Price Index (OPX), the maritime industry’s most comprehensive benchmark for tracking FuelEU...
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Asia Fuel Oil: Spot benchmarks little changed in quiet trade
Spot benchmarks for fuel oil were steady amid thin trading on Monday, with bids and offers fluctuating in a tight...
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Shadow tanker operators swing between sanctioned countries to support oil flows
Russia, Iran and Venezuela — all under various US and EU sanctions targeting their energy exports — are increasingly sharing...
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Baltic Index Steady As Gains In Capesize Offset Lower Rates For Panamax
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was mostly unchanged on...
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US low-value package tariff exemption ends, raising costs for shippers, consumers
The U.S. tariff exemption for package shipments valued under $800 ended on Friday, raising costs and disrupting supply chain models...
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How CEOs are responding to geopolitical uncertainty
When the rules of global trade could change any day, how do you make decisions? McKinsey experts report from the...
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India committed to improving ties with China, Modi tells Xi
Indian Prime Minister Narendra Modi said New Delhi was committed to improving ties with Beijing in a key meeting with...
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South African bunker group highlights concerns about new STS rules
The Bunker Industry Association of South Africa on Aug. 29 voiced concerns about new environmental regulations governing offshore ship-to-ship transfers,...
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Tanker freight rates for Russian crude oil rise in August amid EU sanctions, higher exports
Freight rates for Russian crude shipments from Baltic ports to India have risen in August, driven by fresh European Union...
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Recent News
Iron ore extends gains on improving steel margins, restocking hopes
Global Fuel Supply moves from chartering to ownership with first vessel purchase
ClassNK issues Approval in Principle (AiP) for Multiple Alternative Fuels Ready (Ammonia/Methanol/LNG) and OCCS Ready Bulk Carrier by Oshima Shipbuilding
LR and Mawani partnership to enhance skills and operational performance across Saudi Ports
HD Korea Shipbuilding shares new technologies at MIT maritime forum