News Flash

Dry Bulk Market: China’s Property Market Woes to Hurt Demand for Dry Bulk Carriers

Dry Bulk Market: China’s Property Market Woes to Hurt Demand for Dry Bulk Carriers

The current Chinese property market crisis is expected to translate to lower demand for dry bulk carriers. In its latest...
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Developments in relation to the employment of seafarers

Developments in relation to the employment of seafarers

We bring you two developments in relation to the employment of seafarers. Firstly, following negotiations in Geneva, the International Chamber...
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FuelEU Maritime: Key updates on fuel certification, methane slip, and exemptions

FuelEU Maritime: Key updates on fuel certification, methane slip, and exemptions

With the FuelEU Maritime regulation in force, questions around reporting requirements, fuel allocation, exemptions and fuel certification have become increasingly...
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MPCC Continues Fleet Renewal with Newbuild Orders, Long-Term Charters, Portfolio Optimization and Expands Financing Universe

MPCC Continues Fleet Renewal with Newbuild Orders, Long-Term Charters, Portfolio Optimization and Expands Financing Universe

MPC Container Ships is pleased to announce a company update, including a series of strategic initiatives to modernize its fleet...
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European diesel prices spike on Russian sanctions, shortage concerns

European diesel prices spike on Russian sanctions, shortage concerns

The European diesel market surged during afternoon trading on July 18 following the EU’s announcement of its 18th sanctions package,...
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Yang Ming Orders LNG Dual-Fuel Vessels from Hanwha Ocean Advancing its Fleet Optimization Plan

Yang Ming Orders LNG Dual-Fuel Vessels from Hanwha Ocean Advancing its Fleet Optimization Plan

As part of its ongoing fleet optimization plan, Yang Ming Marine Transport Corporation (“Yang Ming”) held its 404th Board Meeting...
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South Africa advances plans to decarbonize shipping sector

South Africa advances plans to decarbonize shipping sector

South Africa has reaffirmed its commitment to decarbonizing its maritime industry, outlining plans to implement key IMO regulations on shipping...
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Concirrus Expands ESG Adoption with Hellenic Hull Partnership

Concirrus Expands ESG Adoption with Hellenic Hull Partnership

Concirrus is set to lead the transformation of ESG-focused underwriting, with Hellenic Hull becoming the latest marine insurance management company...
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A Hull Lot Greener: How Shipping Is Seeking To Reduce Its Carbon Footprint

A Hull Lot Greener: How Shipping Is Seeking To Reduce Its Carbon Footprint

Maritime transport is crucial for global trade, accounting for 80% of trade volume,1 but contributing more than a 10th of...
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Greek fleet to keep shipping approved Russian oil despite new EU sanctions, sources say

Greek fleet to keep shipping approved Russian oil despite new EU sanctions, sources say

Greek tanker operators shipping approved Russian oil exports are expected to continue doing so despite a new wave of tougher...
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LNG tankers become stranded assets as demand collapses, say environmental groups

LNG tankers become stranded assets as demand collapses, say environmental groups

Environmental groups raise alarm over the news that nearly 60 LNG Tankers are sitting idle amid collapsing demand and an...
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Tanker Market Monitor: Rising U.S. pressure on Russian oil buyers is prompting China and India to reduce imports and diversify supply

Tanker Market Monitor: Rising U.S. pressure on Russian oil buyers is prompting China and India to reduce imports and diversify supply

Indian import volumes show a more modest decline: quarterly volumes were nearly flat versus Q1 2025 and down roughly 12% year-over-year,...
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Tanker Market: New Markets Emerging in Asia

Tanker Market: New Markets Emerging in Asia

The tanker market can’t keep relying on China’s imports, which have been a major growth factor during the past couple...
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At least one US LNG cargo diverted to Japan amid low inventory concern: CAS

At least one US LNG cargo diverted to Japan amid low inventory concern: CAS

At least one US LNG cargo has been diverted to Japan from South Korea recently for delivery at end-July amid...
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Decarbonization Deja Vu: Columbia Group warns ship owners risk paying twice to go green

Decarbonization Deja Vu: Columbia Group warns ship owners risk paying twice to go green

The global shipping industry faces the prospect of “decarbonization deja vu” as it braces for overlapping climate regulations that could...
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India’s GAIL in initial talks for long-term LNG deal with Alaska LNG, sources say

India’s GAIL in initial talks for long-term LNG deal with Alaska LNG, sources say

India’s state-run GAIL is in initial talks to buy liquefied natural gas from the proposed Alaska LNG project as the...
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DP World and Asian Terminals Inc deploy first fleet of electric internal transfer vehicles in the Philippines

DP World and Asian Terminals Inc deploy first fleet of electric internal transfer vehicles in the Philippines

DP World and its strategic partner, Asian Terminals Inc. (ATI) has unveiled a brand-new fleet of 15 electric internal transfer...
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Iran seizes foreign tanker on fuel smuggling allegations

Iran seizes foreign tanker on fuel smuggling allegations

Iranian authorities have seized a foreign tanker in the Gulf of Oman for smuggling 2 million liters (around 528,000 gallons)...
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UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping

UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping

The U.N. Security Council on Tuesday authorized continued reporting on attacks on ships in the Red Sea by Yemen’s Houthi...
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European Sustainable Transport Investment Plan – STIP: How to boost investment in clean fuels for shipping

European Sustainable Transport Investment Plan – STIP: How to boost investment in clean fuels for shipping

Access to clean maritime fuels is a top priority for the decarbonization of the shipping sector. The Draghi report on...
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