News Flash
India likely to maintain Russian oil purchases
India’s crude and condensate imports reached a record 5.3mbd in February. This was driven by increased arrivals of non-Russia origin...
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Suspect in YouTuber Saleem Wastik Stabbing Killed in UP Encounter; Two Policemen Injured
GHAZIABAD: A 24-year-old man accused of attacking businessman and YouTuber Saleem Wastik was killed in a late-night police encounter in...
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MarinePALS CEO Calls for Realistic Review of Manning Scales as IMO Reopens Fatigue Debate
As the International Maritime Organization (IMO) prepares to open discussions at the 12th session of its Sub-Committee on Human Element,...
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American Club experiences solid progress with the 2026/2027 P&I renewal
The American Club has reported positive developments for the 2026 renewal across all lines of business. Gross tonnage for the...
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Shipbuilding supercycle drives Korea university revival and talent surge
University departments related to shipbuilding that were shunned by students during the shipbuilding slump have begun to draw attention from...
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How to track crude re-routing in a fragmented market
Crude re-routing signals rarely appear in headlines first – they show up in arbitrage economics. In a market shaped by...
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Asia-US container rates slightly lower as capacity tightening slows rate of decrease
Rates for shipping containers from east Asia and China to the US edged slightly lower this week as tighter capacity...
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US And Israel Military Strikes Against Iran Shatter Prospects Of Return Of Container Shipping To Red Sea
The US and Israel carried out a joint military operation today, 28 February, targeting sites in Iran. Iran has responded...
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Japanese shipping giants pull back as Strait of Hormuz ’practically closes’
Japanese carriers operating in the Middle East have shifted their operations from “high alert” to a total standstill. On Sunday,...
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WAF-UKC Suezmax freight hits over three-year high amid soaring VLCC rates
The West African Suezmax segment has seen freight rates reach their highest levels since November 2022, with market sources pointing...
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Escalating Israel–Iran conflict threatens Gulf shipping
Recent attacks between Israel-US and Iran have significantly heightened tensions, raising concerns about the safety of merchant vessels in and...
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Harmonized regulation key to unlocking investments in scaling OCCS for maritime decarbonization
As the International Maritime Organization (IMO) prepares to open discussions at the 12th session of its Sub-Committee on Human Element,...
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Britain’s Shore Power Problem Is Not Technology — It’s Economics
The commercial challenges facing publicly funded shore power projects in Aberdeen and Portsmouth should not be dismissed as local pricing...
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UK backs maritime services ban on crude oil, refined products
The UK would support a full maritime services ban on Russian crude oil and refined products, even without US backing,...
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The Week in Alt Fuels: Spain anchors Iberian biomethane push
A recent report by industry body Gasnam projects that the Iberian Peninsula could overtake the Netherlands as Europe’s leading bunkering...
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ClassNK releases `FAQs on the EU-ETS for Shipping (3rd Edition’ and `FAQs on the FuelEU Maritime (5th Edition)’
ClassNK has released `FAQs on the EU-ETS for Shipping (3rd Edition)’ and `FAQs on the FuelEU Maritime (5th Edition) *1.’...
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Greece’s Atlantic SEE inks four LNG MOUs with European buyers
Atlantic SEE LNG Trade has inked four memorandums of understanding to supply US LNG to Southeast European buyers, a spokesperson...
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Treasury Targets Iran’s Shadow Fleet, Networks Supplying Ballistic Missile and ACW Programs
This week, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned over 30 individuals, entities, and...
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U.S. Treasury Expands Pressure on Iran’s Shadow Fleet and Weapons Procurement Networks
OFAC sanctioned 12 shadow fleet vessels involved in transporting Iranian petroleum and petrochemicals. Multiple shipping companies and vessel owners were...
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Maersk Redirects Sailings to Avoid Red Sea Once Again
We are currently experiencing unforeseen constraints arising from the wider operating environment in the Red Sea region. After conversations with our...
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