News Flash

Iranian floating crude storage decreases in June as sanctions relief clears cargoes

Iranian floating crude storage decreases in June as sanctions relief clears cargoes

Floating storage of crude and condensate in East Asian waters declined month over month in June, with Southeast Asia volumes...
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Emergency power system: Will it work in a blackout?

Findings from the Tokyo MoU and IACS indicate that routine testing may not reflect how emergency power systems perform during...
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US shipping firm doubles down on long-term LNG strategy

US shipping firm doubles down on long-term LNG strategy

Hawaii-based shipping firm Matson has identified LNG as the fuel of choice for its long-term fleet strategy, citing the limited...
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DNV: Boiler tube plugging – class requirements

Boiler tubes play a critical role in both heat transfer and in maintaining the pressure integrity of marine boilers. When...
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UK ETS: Expansion into the Maritime sector from 1 July 2026

The United Kingdom has expanded the UK Emissions Trading Scheme (UK ETS) to the maritime sector from 1 July 2026....
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Precision Testing for Reliable Engine Performance – The Importance of Coolant Analysis

Precision Testing for Reliable Engine Performance – The Importance of Coolant Analysis

Engine coolants play a critical role in protecting equipment performance, efficiency, and longevity. As cooling system technologies and coolant formulations...
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The Ceasefire Collapses: 80+ Strikes, a Revoked Oil Waiver, and a 1.95-Million-Barrel U-Turn

The Strait of Hormuz is once again operating under full conflict conditions. Overnight into July 8, U.S. Central Command struck...
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Hormuz transits remain subdued; Asia-US container rates rise, tanker rates steady to softer

Hormuz transits remain subdued; Asia-US container rates rise, tanker rates steady to softer

Vessel traffic remains subdued through the Strait of Hormuz as negotiations continue between the US and Iran, but US President...
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Project completed: 5G campus network enhances automated terminal operations at CTA in Hamburg

A powerful 5G campus network has gone into operation at Hamburger Hafen und Logistik AG’s (HHLA) Container Terminal Altenwerder (CTA)....
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Iran must pledge to stop shooting at ships in Strait of Hormuz, US officials say

Iran must pledge to stop shooting at ships in Strait of Hormuz, US officials say

The US says Iran must publicly state that the Strait of Hormuz is open and pledge to stop firing on...
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US launches fresh strikes as Iran closes Strait of Hormuz

US launches fresh strikes as Iran closes Strait of Hormuz

The US said it launched a fresh wave of strikes on Iran after Tehran struck a ship passing through the...
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Stranded oil tankers finally reach S’pore after months stuck in Mid-East amid US-Iran tension

Two tankers carrying crude oil have arrived in Singapore after being stranded in the Middle East for months, pointing to...
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US-Iran war leaves shipping at near-standstill in Hormuz again

US-Iran war leaves shipping at near-standstill in Hormuz again

Echoing UN Secretary-General António Guterres’s alarm at the resumption of strikes and counterstrikes between the US and Iran, UN International...
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Oil flows through Strait of Hormuz rise but remain below pre-war levels

A recovery in world oil demand is underway, with consumption set to rise from its May nadir on seasonal trends...
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New Maritime Technologies Forum Guidelines to Strengthen Safety Management Systems for Ships Using Methanol as Fuel

New Maritime Technologies Forum Guidelines to Strengthen Safety Management Systems for Ships Using Methanol as Fuel

The Maritime Technologies Forum (MTF) today announced the publication of new guidelines to support companies in developing new Safety Management...
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The Week in Alt Fuels: OCCS beyond pilots

The Week in Alt Fuels: OCCS beyond pilots

Broader commercial deployment of onboard carbon capture and storage (OCCS) technology will depend on regulatory and infrastructure progress. Several shipowners...
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Shanghai climbs to second place in latest Xinhua-Baltic International Shipping Centre Index as Singapore retains top spot

Shanghai climbs to second place in latest Xinhua-Baltic International Shipping Centre Index as Singapore retains top spot

Shanghai has officially become the world’s second-most prominent shipping hub, according to the 2026 rankings in the Xinhua-Baltic International Shipping...
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Weekly Tanker Market Monitor: Crude Tanker Orderbook Broke Its 2008 Record in 1H

With the United States and Iran breaking the ceasefire again this week, the freight market has reacted sharply, resuming its...
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Geopolitical fragmentation reshaping shipping

Geopolitical disruption, energy security concerns and the emergence of competing trade blocs are fundamentally altering the way shipping markets operate,...
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Tanker Market: West Africa Crude Oil Exports Nosediving in 2026

After a brief, as it turns out, reversal of fortunes, crude oil exports from West Africa have turned negative once...
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