News Flash

Hormuz After the Ceasefire: A Controlled System, Not a Recovery

Hormuz After the Ceasefire: A Controlled System, Not a Recovery

A ceasefire has been declared, but the maritime system has not reset. Transit through the Strait of Hormuz remains restricted,...
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Global seaborne crude oil shipments down 16% since start of the Iran war

Global seaborne crude oil shipments down 16% since start of the Iran war

“Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine...
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Seanergy Maritime Positions for Capesize Upside with Hybrid Charter Strategy

Seanergy Maritime Positions for Capesize Upside with Hybrid Charter Strategy

Seanergy Maritime Holdings is a pure-play Capesize shipping company operating a fleet of 20 vessels, consisting of 18 Capesize ships...
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Up to 29% Tank-to-Wake GHG Emissions Reduction Evidenced in SGMF’s Third Life Cycle Assessment of LNG as a Marine Fuel

Up to 29% Tank-to-Wake GHG Emissions Reduction Evidenced in SGMF’s Third Life Cycle Assessment of LNG as a Marine Fuel

SGMF has published its latest Life Cycle Assessment (LCA) on LNG, further demonstrating significant reductions in greenhouse gas (GHG) emissions...
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G7 crude tankers withdraw from Russia with Urals rising above price cap

G7 crude tankers withdraw from Russia with Urals rising above price cap

G7-linked crude tankers started to withdraw from Russia in March, with rising crude prices limiting their trading opportunities within the...
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Harnessing the Power of Computational Fluid Dynamics to address a significant threat to our oceans

Harnessing the Power of Computational Fluid Dynamics to address a significant threat to our oceans

Underwater Radiated Noise (URN), commonly referred to as noise pollution, represents one of the most pervasive human-induced impacts on marine...
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US blockade unlikely to change Hormuz shipping hiatus: IMO chief

US blockade unlikely to change Hormuz shipping hiatus: IMO chief

The US blockade of Iranian ports will do little to change the effective halt in shipping transits via the Strait...
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Borr Drilling restarts Middle East rigs as fleet coverage reaches 70% for 2026

Borr Drilling restarts Middle East rigs as fleet coverage reaches 70% for 2026

Borr Drilling Limited is restarting multiple rigs in the Middle East and adding fresh contract coverage in Southeast Asia as...
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Rosgosstrakh receives accreditation from Directorate General of Shipping of India

Rosgosstrakh receives accreditation from Directorate General of Shipping of India

Rosgosstrakh, a Russian insurance company says it has received accreditation from the Government of India’s Directorate General of Shipping (DGS),...
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BW Lesmes completes first GUCD milestone with LNG bunker barge

BW Lesmes completes first GUCD milestone with LNG bunker barge

BW Lesmes has completed its first gassing-up and cool-down (GUCD) operation using an LNG bunker barge, according to BW LNG....
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Yangpu Zhongxin Shipping places $274m order for five LR2 tankers at Yangzhou yard

Yangpu Zhongxin Shipping places $274m order for five LR2 tankers at Yangzhou yard

China’s Yangpu Zhongxin Shipping has signed a contract for five 114,000-dwt LR2 product tankers at Yangzhou Longhe Shipbuilding, according to...
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MSC shifts ownership to Aponte heirs

MSC shifts ownership to Aponte heirs

MSC Mediterranean Shipping Company has completed a transfer of ownership from founder Captain Gianluigi Aponte to his children Diego and...
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Wallenius Lines moves to full control of Wallenius SOL with buyout of SOL stake

Wallenius Lines moves to full control of Wallenius SOL with buyout of SOL stake

Wallenius Lines has agreed to acquire SOL Group’s shares in Wallenius SOL, becoming sole owner of the joint venture, according...
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US orders blockade of Iranian ports as Tehran warns Gulf shipping of wider risks

US orders blockade of Iranian ports as Tehran warns Gulf shipping of wider risks

The United States will begin blockading all maritime traffic entering and leaving Iranian ports from April 13, sharply escalating risk...
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South Korea’s big three shipbuilders set for Q1 profit surge

South Korea’s big three shipbuilders set for Q1 profit surge

South Korea’s three largest shipbuilders—HD Korea Shipbuilding & Offshore Engineering, Hanwha Ocean and Samsung Heavy Industries—are set to deliver a...
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Econowind targets deepsea segment with launch of 5-series VentoFoil

Econowind targets deepsea segment with launch of 5-series VentoFoil

Dutch wind-assisted propulsion specialist Econowind is pushing into the deepsea segment with a 30-metre 5-series VentoFoil suction wing for oceangoing...
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Danish Shipping appoints first female chair

Danish Shipping appoints first female chair

Caroline Pontoppidan has been elected chairwoman of Danish Shipping at the organisation’s annual general meeting, succeeding Torben Carlsen of DFDS...
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OPCSA expands hybrid RTG fleet in Canary Islands

OPCSA expands hybrid RTG fleet in Canary Islands

Operaciones Portuarias Canarias S.A. (OPCSA) has ordered four additional diesel-hybrid Rubber-Tired Gantry (RTG) cranes from Konecranes. The order was booked in...
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CK Hutchison to seek arbitration over Maersk

CK Hutchison to seek arbitration over Maersk

CK Hutchison’s Panama-based subsidiary, Panama Ports Company (PPC), is preparing to initiate arbitration proceedings against Maersk over the takeover of two strategic...
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Angola launches international tender for Caio deep-water terminal concession

Angola launches international tender for Caio deep-water terminal concession

Angola has launched an international tender for the concession of the management, operation and maintenance of the Caio deep-water terminal,...
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