News Flash

HMM Q2 profit seen jumping 80% on higher container freight rates: report

HMM Q2 profit seen jumping 80% on higher container freight rates: report

HMM is expected to report a sharp improvement in second-quarter earnings as stronger container freight rates offset higher fuel costs,...
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INTERTANKO: Advice for Members regarding situation in Gulf Region

INTERTANKO: Advice for Members regarding situation in Gulf Region

The Arabian Gulf has seen a further cycle of violence with attacks on ships and shore installations. Two tankers were...
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Trump threatens to strike Iranian bridges, power plants for Hormuz ship attacks

Trump threatens to strike Iranian bridges, power plants for Hormuz ship attacks

The U.S. will target bridges and power plants in Iran in response to any attacks by Tehran on ships in...
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5 Indian Shipyards Transforming the Maritime Landscape

5 Indian Shipyards Transforming the Maritime Landscape

A new generation of world-class shipyards is powering India’s maritime ambitions. Through advanced infrastructure, cutting-edge technology, and expanding global order...
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WISTA Hellas Seminar Explores Whether Shipping Should Speak More Openly to Society

During Posidonia Week, WISTA Hellas hosted a thought-provoking seminar examining whether the shipping industry should adopt a more extroverted and...
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China’s imports of Russian crude fall to the lowest in months

China’s imports of Russian crude fall to the lowest in months

Russia’s crude deliveries to its top three buyers — India, China and Turkey — declined sharply in the week to...
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Renewed Strait of Hormuz tensions expose a hidden payments challenge for global shipping, says Ebury

Renewed Strait of Hormuz tensions expose a hidden payments challenge for global shipping, says Ebury

Renewed tensions in and around the Strait of Hormuz are forcing shipping companies to rethink more than just their vessel...
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EmissionLink warns cheap FuelEU compliance could weaken fuel transition

EmissionLink warns cheap FuelEU compliance could weaken fuel transition

EmissionLink has warned that falling FuelEU Maritime surplus prices could make compliance cheaper for shipowners, but weaken the regulation’s ability...
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Baltic Dry Index Rises to 1-Week High

Baltic Dry Index Rises to 1-Week High

The Baltic dry index rose 1.7% to 2,715 on Wednesday, recording its first gain since July 14. The capesize index,...
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Project CAPTURED advances regulatory pathways for onboard captured CO₂

Project CAPTURED advances regulatory pathways for onboard captured CO₂

Project CAPTURED has achieved two regulatory milestones that strengthen the commercial case for onboard carbon capture and storage (OCCS), following...
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Proposed EU ETS review brings smaller vessels into scope

Proposed EU ETS review brings smaller vessels into scope

The European Commission has proposed an overhaul of the EU Emissions Trading System (ETS) that would bring certain vessels as...
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Iranian crude flows to Singapore up sharply in July on brief US sanctions relief

Iranian crude flows to Singapore up sharply in July on brief US sanctions relief

Iranian crude flows to Singapore rose sharply in July following a temporary reopening of the Strait of Hormuz in late...
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Baltic Dry Index Edges Down on Tuesday

Baltic Dry Index Edges Down on Tuesday

The Baltic dry index decreased 1 point to 2,670 on Tuesday, following a 2.9% fall on Monday The panamax index,...
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Tanker attacks at CPC disrupt oil loading for Kazakhstan main export route

Tanker attacks at CPC disrupt oil loading for Kazakhstan main export route

Caspian Pipeline Consortium oil loading was disrupted again July 20, after a fourth tanker loading at the network was attacked...
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China cuts Iranian oil purchases by 40%, Bessent says

China cuts Iranian oil purchases by 40%, Bessent says

U.S. Treasury Secretary Scott Bessent said Tuesday that China has reduced its crude oil purchases by approximately 40% in recent...
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India’s crude oil imports down 12% in June

India’s crude oil imports down 12% in June

India’s crude oil imports dropped to 19.59 million metric tons in June, representing a decline of more than 12% compared...
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Asian met coal market looks to India in Q3 as China-led rally fades

Asian met coal market looks to India in Q3 as China-led rally fades

This report is part of the S&P Global Energy’s Metals Trade Review series, where we dig through datasets and digest...
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War risk insurance under pressure as volatility reshapes shipping routes

War risk insurance under pressure as volatility reshapes shipping routes

From the Red Sea to the Strait of Hormuz, overlapping conflicts have disrupted major trade routes and challenged the assumptions...
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Middle East Conflict: Strait of Hormuz Transits Back To 90% Below “Normal”

Middle East Conflict: Strait of Hormuz Transits Back To 90% Below “Normal”

Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets...
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More Newbuilding Deals This Week

More Newbuilding Deals This Week

Ship owners kept contracting more newbuildings over the past week. In its latest weekly report, shipbroker Banchero Costa noted that...
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