News Flash
bound4blue targets Asian growth with new production capabilities and partnerships in China
bound4blue, a global leader in wind propulsion systems, has expanded its industrial footprint in Asia with the establishment of new...
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NorthStandard Launches Free Pilot Initiative to Expand Members’ Access to FleetVision™
ShipIn Systems has announced a landmark collaboration with NorthStandard P&I Club to offer their members a fully subsidized pilot of...
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China likely to bid on building new Panama Canal ports
China is among parties interested in bidding to build two new ports on the Panama Canal, its administrator said Tuesday,...
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Lloyd’s Register signs global partnership with EIC to strengthen energy transition role
Lloyd’s Register (LR) has signed a global platinum partnership with the Energy Industries Council (EIC), the world-leading trade association for...
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DNV: PFOS prohibited in fire-extinguishing media from 1 January 2026
The IMO has adopted amendments to SOLAS Chapter II-2 as well as the 1994 and 2000 High Speed Craft...
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Russian oil cargo discharge at Indian port delayed due to insurance scrutiny, sources say
A Western-sanctioned vessel with Russian oil destined for Indian Oil Corp has had discharge of the cargo delayed at a...
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Russia Tanker Reaches Venezuela After Earlier Ship’s Encounter with U.S. Warship
A tanker loaded with Russian naphtha has berthed at Venezuela’s Jose terminal, four days after reports that a U.S. warship...
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HSFO discounts deepen while VLSFO steady
Asia’s spot discounts for high sulphur fuel oil (HSFO) deepened on Thursday, while very low sulphur fuel oil (VLSFO) market...
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China, India, and Brazil move on green shipping corridors as industry awaits climate regulations
The movement to create green shipping corridors – trade routes designed to demonstrate and scale novel zero-emission fuels, vessels, and...
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Baltic Index Extends Gains On Rising Capesize Prices
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended gains on...
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As the shadow fleet expands, loss of visibility poses a growing threat to maritime safety
The shipping industry has always been good at navigating uncertainty; however the rapid expansion of the shadow fleet represents a...
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Economies face $14 billion in annual losses from maritime chokepoint disruptions
Global trade routes are increasingly vulnerable as the world’s narrow shipping passages, known as maritime chokepoints, face mounting threats from...
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Iron Ore Edges Up On China Demand Lift, Rising Global Supply Caps Gains
Iron ore futures prices edged higher on Wednesday, with support from a modest pickup in China demand outweighing pressure from...
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UK P&I Club and TT Club announce merger discussions
The UK P&I Club and the TT Club have announced that they are currently engaged in discussions regarding a potential...
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NYK and BHP Renew Strategic Partnership to Advance Decarbonization and Safety in the Dry Bulk Industry
On November 25, Nippon Yusen Kabushiki Kaisha (NYK Line) signed an agreement with BHP Group Ltd (BHP), a leading global...
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The Suez Canal Authority and Maersk Group sign a strategic partnership agreement
Maersk-affiliated vessels will return to transiting through the Suez Canal early next December as a precursor to the full-capacity return...
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Asia Fuel Oil: Ample supply keeps markets steadily in discounts
Asia’s spot fuel oil differentials held steadily in discounts on Wednesday, with trade sources eyeing ample supply for both high...
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New global report ranks top container ports worldwide
Singapore is named the world’s leading container port in the first edition of the Leading Container Ports of the World...
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How geopolitical tension and economic flux are reshaping the ‘global shipping container market’
Container prices have eased slightly, but UK demand is rising. Orders for new one-trip containers have tripled since Q1, as...
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Rising rates across vessel segments push Baltic index to near two-year high
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose for a...
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