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Nordic Council Backs Polar Fuels Action by Governments to Cut Arctic Black Carbon Emissions at UN Shipping Body

Nordic Council Backs Polar Fuels Action by Governments to Cut Arctic Black Carbon Emissions at UN Shipping Body

The Clean Arctic Alliance yesterday welcomed adoption by the Nordic Council of a resolution on polar fuels which calls on...
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Asia Fuel Oil Markets stuck in discounts as high inventories weigh

Asia Fuel Oil Markets stuck in discounts as high inventories weigh

Spot differentials in Asia fuel oil markets held in range-bound discounts on Thursday, as high inventories continued to weigh on...
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INTERCARGO celebrates record membership ahead of 45th Anniversary AGM in Athens

INTERCARGO celebrates record membership ahead of 45th Anniversary AGM in Athens

The International Association of Dry Cargo Shipowners (INTERCARGO) is marking its 45th anniversary in 2025 with record membership, expanded global...
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Study shows South Africa-Europe shipping route could run on green ammonia by 2029

Study shows South Africa-Europe shipping route could run on green ammonia by 2029

Ammonia-fueled bulk carriers could feasibly be deployed on the South Africa-Europe iron ore trade route as soon as 2029 and...
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Iron ore volumes poised to lead global dry bulk growth

Iron ore volumes poised to lead global dry bulk growth

After a brief period in which bauxite seaborne trade growth outpaced iron ore, international shipbroker IFCHOR GALBRAITHS projects that iron...
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Baltic Index Extends Gains On Rising Capesize Prices

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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Small Modular Nuclear Reactors in Focus for ABS and KRISO

Small Modular Nuclear Reactors in Focus for ABS and KRISO

(HOUSTON) ABS and the Korea Research Institute of Ships & Ocean Engineering (KRISO) signed a memorandum of understanding (MOU) to...
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OceanPal in Partnership with NEAR Foundation Announces $120M PIPE Investment to Launch SovereignAI to Buildout Near-Powered AI Infrastructure

OceanPal in Partnership with NEAR Foundation Announces $120M PIPE Investment to Launch SovereignAI to Buildout Near-Powered AI Infrastructure

OceanPal Inc. announced the closing of a $120M private investment in public equity transaction for the purchase and sale of...
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World’s First Land-based Operation of Marine Hydrogen Engine Achieved by Consortium

World’s First Land-based Operation of Marine Hydrogen Engine Achieved by Consortium

Kawasaki Heavy Industries, Ltd., Yanmar Power Solutions Co., Ltd. and Japan Engine Corporation announced they have successfully conducted the world’s...
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Iranian oil discounts to China widen on sanctions, quota shortage

Iranian oil discounts to China widen on sanctions, quota shortage

The discounts on Iranian oil offered to China have hit their widest in more than a year, as tightening sanctions...
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Clarification on Exemptions from USTR

Clarification on Exemptions from USTR

USTR Action on Chinese vessels & operators – Clarification on the implementation of the proposed charges. On 10 October 2025...
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HFSO Spot differentials extend slide while market structure softens

HFSO Spot differentials extend slide while market structure softens

Spot differentials for both high sulphur fuel oil (HSFO) and very low sulphur fuel oil (VLSFO) extended declines on Wednesday,...
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Seafarers happiness declines as the Mission to Seafarers warns of deepening strain across the workforce

Seafarers happiness declines as the Mission to Seafarers warns of deepening strain across the workforce

The latest Seafarers Happiness Index (SHI) from The Mission to Seafarers reveal a significant downturn in seafarer wellbeing, raising concerns...
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Finland’s Wartsila believes in shipping decarbonisation despite IMO setback

Finland’s Wartsila believes in shipping decarbonisation despite IMO setback

Wartsila still believes the decarbonisation of marine traffic will continue despite a delay to establishing a global carbon price for...
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STIP must accelerate zero carbon ship and plane technologies, urge industry leaders

STIP must accelerate zero carbon ship and plane technologies, urge industry leaders

Yesterday, a collective of ten leading companies and industry groups wrote to European Commissioners and the Danish Presidency of the...
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Baltic Index Rises On Stronger Capesize Vessel Rates

Baltic Index Rises On Stronger Capesize Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a five-day...
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Container line schedule reliability plateaus around the 65% mark

Container line schedule reliability plateaus around the 65% mark

Denmark-based research and analysis specialist Sea‑Intelligence reported that global industry schedule reliability recorded in September a marginal M/M improvement of 0.1...
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Suez Canal blocked after sanctioned tanker carrying Russian oil grounded in key waterway

Suez Canal blocked after sanctioned tanker carrying Russian oil grounded in key waterway

A sanctioned aframax tanker ran aground in the Suez Canal, blocking northbound traffic for several hours on Tuesday. The Suez...
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Adani Group Signs MoUs Worth Rs 53,000 Crore To Participate In Vadhavan Port Mega Project

Adani Group Signs MoUs Worth Rs 53,000 Crore To Participate In Vadhavan Port Mega Project

Gautam Adani-led APSEZ on Tuesday expressed intent to participate in projects of Rs 53,000 crore at the Vadhavan Port project...
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MSC flags immigration, documentation gaps at Vizhinjam Port

MSC flags immigration, documentation gaps at Vizhinjam Port

Global container shipping major MSC on Tuesday flagged challenges it faces at Kerala's Vizhinjam Port, including a lack of immigration...
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