News Flash
Global order book hits 17-year high amid record crude tanker contracting
“By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m...
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CNY at a glance: China’s yuan moves into our bullish scenario
CNY has outperformed most currencies vis-a-vis the dollar this year The Chinese yuan has tended to fall in the middle...
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Grieg Maritime Group invests in Jet Sails
Grieg Maritime Group has signed a contract with GT Wings to install at least two of their AirWing™20 on their...
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BIMCO: What Happens for Shipping After the Ceasefire Deal?
BIMCO’s executives and analysts have weighed in the aftermath of the ceasefire agreement in the Middle East war. More specifically,...
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Hormuz traffic may climb to 25% of pre-war total over next week: CAS
Ship traffic through the Strait of Hormuz may climb over the next week to 25% of the pre-war total of...
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Ship Recycling Taking a Hit From Geopolitical Tensions, But Sentiment Improved Last Week
The ship recycling market’s sentiment improved last week, despite adverse conditions. In its latest weekly report, Best Oasis, a leading...
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UAE oil chief says Strait of Hormuz remains closed
The Strait of Hormuz remains closed as Iran continues to restrict access and prevent energy flows to global markets, according...
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BASSnet SaaS Achieves ISO/IEC 27001 Certification
BASS Software, a leading provider of maritime fleet management solutions, has officially achieved ISO/IEC 27001:2022 certification following an extensive audit...
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OECD: Improving the business environment and boosting skills and employment are key to reviving economic growth prospects and seizing opportunities from new technologies
Economic growth prospects are under pressure around the world, due to both short-term uncertainty linked to geopolitical tensions and the...
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Ceasefire pulls oil off war highs, but physical markets need time to rebalance
The two-week US-Iran ceasefire announced overnight has taken the panic premium out of oil – but not the full risk...
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Neurodiversity, opportunity and inclusion in shipbuilding
Simply put, the term ‘neurodiversity’ – originally coined by sociologist Judy Stringer in the 1990s – recognises that people’s brains...
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NorthStandard adds GlobeView Iran Conflict layer to update users on fast-evolving situation
Continuing high levels of risk in the Persian Gulf have prompted NorthStandard to add an ‘Iran Conflict layer’ to its...
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Jamaica calls time on paper-based maritime practices in 2026
The Maritime Authority of Jamaica has said paper-based processes are no longer fit for purpose in modern maritime operations, warning...
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International Association of Maritime Clusters (IAMC) confirms its first members with more on the way
As many as 17 national and regional maritime clusters have underlined their commitment to improved like-minded cooperation and the worldwide...
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First-time Collaboration between MOL and Shell on an Innovative Book and Claim Initiative for Marine Decarbonization
Mitsui O.S.K. Lines, Ltd. has collaborated with Shell Trading Rotterdam B.V. (Shell) to implement a book and claim model that...
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March U.S. Container Imports Climb as Global Supply Chain Pressures Mount
In March 2026, U.S. containerized imports increased 12.4% from February to a total of 2,353,611 twenty-foot equivalent units (TEU) and...
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Two-week US-Iran ceasefire not enough to end ocean container shipping disruption or surging freight rates
A two-week US-Iran ceasefire will not restore container shipping operations through the Strait of Hormuz to pre-conflict conditions, with ocean...
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Revised IMO recommendations for entering enclosed spaces aboard ships
Enclosed space entry remains a safety challenge in ship operations and for seafarers’ working conditions. On 27 June 2025, the...
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Asia crude slate shifts lighter as Middle East losses deepen
Even if the Strait of Hormuz were to reopen immediately — as President Trump has urged — the damage to...
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Carboninsets launches marketplace for multimodal EACs to accelerate supply chain decarbonization
Carboninsets, the independent matchmaker service for verified Environmental Attribute Certificates (EACs), has launched a digital marketplace to support global transactions...
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Recent News
Marine cargo insurance market continues to soften, reports IUMI 
Saudi Aramco boosts crude loadings after pipeline disruption
India’s crude import bill rises 48% to $74.8 bn in Apr-Aug amid high costs:
“ValenciaportPCS” launches a new feature to facilitate interaction between shippers and carriers
Coal Eases from 3-Month High