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Industrial base, innovation drive rise of China’s shipbuilding sector

Industrial base, innovation drive rise of China’s shipbuilding sector

China State Shipbuilding Corp (CSSC) said on Thursday that the country’s first self-developed large dual-fuel RoPax ship – which is...
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US, Qatar to fill gap after EU bans Russian LNG imports

The European Union will be able to fully replace Russian liquefied natural gas imports with alternative supply from 2027 without...
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India finds new gasoil buyers in Africa, Latin America amid sanctions risk

India finds new gasoil buyers in Africa, Latin America amid sanctions risk

India is shifting growing volumes of its gasoil to Africa and South America as incoming EU sanctions have threatened to...
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IMO negotiations on carbon pricing move forward, despite delay in adoption

IMO negotiations on carbon pricing move forward, despite delay in adoption

The International Maritime Organization (IMO) continued negotiating on key policy details in the Net-Zero Framework (NZF), at the working group...
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Oil, LNG scores victory against green bunkers amid stalling IMO talks

Oil, LNG scores victory against green bunkers amid stalling IMO talks

Fossil fuels could remain the preferred marine energy at the expense of low-carbon fuels, with the International Maritime Organization’s new...
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Regulatory disruptions and oversupply support crude freight

Regulatory disruptions and oversupply support crude freight

So far, 2025 has been fraught with continuous geopolitical and regulatory disruptions that have increasingly fragmented trade flows, and consequently,...
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Andhra Bus Fire: Phones, Elbows, Laptops Became Tools of Survival

Andhra Bus Fire: Phones, Elbows, Laptops Became Tools of Survival

Hyderabad: What began as a routine overnight journey from Hyderabad to Bengaluru after a festive weekend turned into a nightmare...
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Iron ore slips on falling Chinese demand

Iron ore slips on falling Chinese demand

Iron ore futures prices dipped on Friday, snapping a three-session winning streak, as demand in top consumer China softened, hit...
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Russia-Owned NIS Stopped from Getting Oil Cargo Amid Serbia Fuel Crunch, Sources Say

The sources, who spoke on condition of anonymity due to the sensitivity of the situation, told Reuters that Serbia has...
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New Report Commissioned by ScanReach Shows How Wireless Intelligence is Revolutionising Maritime Safety and Operations

New Report Commissioned by ScanReach Shows How Wireless Intelligence is Revolutionising Maritime Safety and Operations

A new research report commissioned by ScanReach has been launched in a joint webinar with Thetius, demonstrating how wireless technology...
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Heidmar Maritime Holdings Corp. Expands Crude and Product Tanker Markets With Strategic Additions to Managed Fleet

Heidmar Maritime Holdings Corp. Expands Crude and Product Tanker Markets With Strategic Additions to Managed Fleet

Heidmar Maritime Holdings Corp. is strengthening its market position by adding super-eco vessels to its managed fleet under commercial and...
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Ransomware Still Tops Maritime Cyber Risks, Role-based Training a Priority, Says ABS Consulting Cyber Expert

Ransomware Still Tops Maritime Cyber Risks, Role-based Training a Priority, Says ABS Consulting Cyber Expert

Maritime operations run on tight schedules and thin margins, and as ships, terminals and supply chains connect systems for visibility...
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Asia Fuel: Spot discounts narrow; market structure recovers

Asia Fuel: Spot discounts narrow; market structure recovers

Asia’s spot market differentials for fuel oil inched higher on Friday, posting narrower discounts compared to the previous day, while...
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Taylor Maritime Expects Increased Scrapping For Older Dry Bulk Carriers Despite IMO Net-Zero Framework Delay

Taylor Maritime Expects Increased Scrapping For Older Dry Bulk Carriers Despite IMO Net-Zero Framework Delay

Taylor Maritime Limited, the specialist dry bulk shipping company, today announces its unaudited financial and operating results for the quarter...
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Spoofing Tanker Reveals Russia’s Hidden Baltic LPG Exports

Spoofing Tanker Reveals Russia’s Hidden Baltic LPG Exports

A Russia-bound LPG tanker sailing for the Baltic port of Ust-Luga spoofed its location for 10 days in the Gulf...
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Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say

Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say

Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export...
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Baltic Index Headed For Weekly Loss On Declining Capesize Rates

Baltic Index Headed For Weekly Loss On Declining Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on...
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Asia November diesel spot activity brisk; cash diffs at two year-high

Asia November diesel spot activity brisk; cash diffs at two year-high

Asia’s diesel markets were brimming with spot refiner sale activities for November as sellers cashed in on front-month market premiums,...
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Konecranes: Record-high comparable EBITA margin and excellent order intake

Konecranes: Record-high comparable EBITA margin and excellent order intake

The figures presented in this report are unaudited. Figures in brackets, unless otherwise stated, refer to the same period a...
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FONASBA broadens membership at 2025 AGM in Istanbul

FONASBA broadens membership at 2025 AGM in Istanbul

Between 14 – 17 October, the Federation of National Associations of Ship Brokers and Agents (FONASBA) held its Annual General...
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