News Flash

Tanker with crude cargo from Sudan idles off UAE as bilateral ties sour

Tanker with crude cargo from Sudan idles off UAE as bilateral ties sour

For the last 10 days, a tanker loaded with Sudan’s Nile Blend Crude has been idling off the UAE port...
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2025 Ship Sales Experience Slowdown

2025 Ship Sales Experience Slowdown

Sales of secondhand bulkers and tankers have been on a downtrend since the start of 2025, compared to last year....
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Monthly Major Bulk Radar: Slower Chinese growth forecast in 2025 Q3 and Q4

Monthly Major Bulk Radar: Slower Chinese growth forecast in 2025 Q3 and Q4

Exports volumes of major bulk, made up of iron ore, coal, or grains, remained flat m/m in July but edged...
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BIMCO Tanker Market Report: OPEC+ ramps up oil supply while demand growth slows

BIMCO Tanker Market Report: OPEC+ ramps up oil supply while demand growth slows

“We forecast a balanced development in the crude tanker market in 2025 and 2026 while we expect the product tanker...
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Competition in West Australia’s grain handling heats up amid new logistics, expansion

Competition in West Australia’s grain handling heats up amid new logistics, expansion

Consistently rising wheat output in Australia is creating export opportunities for new entrants, particularly in the grain handling space in...
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OSM Thome Celebrates 15 Years of Digital Development and Expands Vision for Decarbonization and Operational Intelligence with NAU™ 2.1 by Orion Marine and Veracity by DNV

OSM Thome Celebrates 15 Years of Digital Development and Expands Vision for Decarbonization and Operational Intelligence with NAU™ 2.1 by Orion Marine and Veracity by DNV

OSM Thome, one of the world’s most forward-thinking ship management companies, proudly marks milestone years of sustained digital transformation –...
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Wärtsilä and Wasaline’s close cooperation continues with world’s largest marine battery hybrid system project

Wärtsilä and Wasaline’s close cooperation continues with world’s largest marine battery hybrid system project

Technology group Wärtsilä has been selected as the electrical integrator for a major battery extension project for the Wasaline ROPAX...
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South Korea’s top shipbuilder to acquire affiliate to tap US demand under Trump

South Korea’s top shipbuilder to acquire affiliate to tap US demand under Trump

South Korea’s HD Hyundai Heavy Industries 329180, the world’s biggest shipbuilder, said on Wednesday that it plans to merge with...
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Höegh Autoliners Orders First-Ever Ammonia Engines for Pure Car and Truck Carriers

Höegh Autoliners Orders First-Ever Ammonia Engines for Pure Car and Truck Carriers

In a major leap for maritime decarbonisation, Höegh Autoliners has placed a landmark order for ammonia-burning Everllence B&W ME-LGIA engines....
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Auramarine delivers methanol fuel supply system for two Terntank hybrid tankers

Auramarine delivers methanol fuel supply system for two Terntank hybrid tankers

Auramarine, the trusted fuel supply and auxiliary systems expert, announced that it has signed an agreement to provide its methanol...
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Why India’s Russian oil imports sparked US tariffs amid Ukraine peace talks

Why India’s Russian oil imports sparked US tariffs amid Ukraine peace talks

India, the world’s third-biggest oil importer and consumer and the largest buyer of Russian seaborne crude, is caught in the...
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How the maritime industry is preparing for alternative fuel adoption

How the maritime industry is preparing for alternative fuel adoption

The energy transition is advancing, but not at the same pace everywhere. In 2015, just 0.7% of new cars sold...
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Ship Recycling Activity Picking Up Pace

Ship Recycling Activity Picking Up Pace

The ship recycling market has picked up the pace, especially in some markets, like India, but still remains overall lacklustre....
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Maritime Companies Struggle to Scale AI Despite High Enthusiasm

Maritime Companies Struggle to Scale AI Despite High Enthusiasm

Maritime companies are stuck in the early stages of AI adoption, unable to scale beyond small experiments as widespread optimism...
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Australian met coal producers face rising competition for exports to India

Australian met coal producers face rising competition for exports to India

Australian metallurgical coal producers expect higher exports to India but are facing increasing competition from the US and Russia, according...
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HD Hyundai signs MOU with KDB and Cerberus for U.S. shipyard cooperation

HD Hyundai signs MOU with KDB and Cerberus for U.S. shipyard cooperation

HD Hyundai Group will sign its first memorandum of understanding (MOU) related to the Korea-U.S. shipbuilding cooperation project “MASGA (Make...
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Key figures on Europe – busiest short sea shipping ports

Key figures on Europe – busiest short sea shipping ports

Key figures on Europe – 2025 edition, published in July, provides an overview of recent developments in the EU, covering...
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Navigating Sustainability: Azra Tech and Neptune Shipping Lines Partner to Advance Green Maritime Solutions

Navigating Sustainability: Azra Tech and Neptune Shipping Lines Partner to Advance Green Maritime Solutions

Azra Tech, a pioneer in sustainable marine technologies, announces a strategic collaboration with Neptune Lines Shipping and Managing Enterprises SA,...
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Balearia finalises the agreement to acquire the shipping company Armas Trasmediterranea

Balearia finalises the agreement to acquire the shipping company Armas Trasmediterranea

Balearia has reached an agreement with the owners of the Armas Trasmediterranea shipping company to acquire its business in the...
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China’s seaborne thermal coal imports jump as India’s stumble

China’s seaborne thermal coal imports jump as India’s stumble

China’s imports of seaborne thermal coal are poised to climb to the most this year in August while those of...
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