News Flash
Maersk Europe Market Update – January 2026
Ocean and Key Ports Update On 19th December 2025, a Maersk vessel sailing on the MECL service successfully completed transit...
Read More
Carriers to pass higher EU ETS costs on to customers
Major global container liners have informed customers of higher tariff surcharges due to changes in the EU Emissions Trading System...
Read More
Vitol to load first diluent cargo under Venezuela supply deal this weekend, sources say
Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. to Venezuela this weekend under...
Read More
Drewry: Intra-Asia Container Index Down 5%
Updated weekly, Drewry’s Intra-Asia Container Index (IACI) decreased 5% in the second week of January, reaching $665 per 40ft container....
Read More
US seizes fifth oil tanker linked to Venezuela, officials say
US forces have seized another tanker in the Caribbean Sea, officials say, as the Trump administration continues its efforts to...
Read More
Companies scramble to secure ships, assemble operations to transfer Venezuelan oil, sources say
Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas...
Read More
US seeks to assert its control over Venezuelan oil with tanker seizures and sales worldwide
President Donald Trump’s administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers...
Read More
Tanker Market: VLCC Rates on the Rise
Clean LR2 MEG LR2’s improved optimistically this week. The TC1 75kt MEG/Japan index rose 12 points to WS180. This moved...
Read More
China issues crude oil import quotas to ex-Sinochem refineries, sources say
China has issued crude oil import quotas for 2026 to three refineries based in Shandong province, which were sold last...
Read More
Frontline – Strategic Fleet Renewal and Expansion
Frontline plc. announces a strategic fleet renewal initiative, involving both the acquisition of new vessels and the sale of older...
Read More
Shipbreaking Monthly: European Parliament adopts the Omnibus I deregulation package
Happy 2026! The Shipbreaking Platform team would like to wish you all a year full of happiness, compassion, and good...
Read More
MOL, ITOCHU Sign MOU for Strategic Partnership to Promote Use of Environmental Attribute Certificates- Toward Decarbonizing the Transportation Sector
Mitsui O.S.K. Lines, Ltd. announced the signing of a memorandum of understanding (MOU) for a strategic partnership with ITOCHU Corporation...
Read More
Maritime cocaine smuggling – a European perspective
Gard recently provided an overview of cocaine trafficking as it effects commercial vessels, operations and crew. Based on the report...
Read More
Europe’s surging LNG imports in 2025 reshape gas supply dynamics: traders
Europe’s LNG imports in 2025, surpassing volumes seen in prior years, have reshaped the continent’s gas supply dynamics, according to...
Read More
VINSSEN Secures Type Approval from KR and ABS for 150kW Marine Fuel Cell Module
VINSSEN, a maritime decarbonization technology company specializing in hydrogen fuel cells and integrated system solutions, announced that it has obtained...
Read More
132 incidents of piracy and armed robbery against ships in Asia reported to ReCAAP Information Sharing Centre in 2025
The ReCAAP Information Sharing Centre (ISC) issued its 2025 annual report on piracy and armed robbery against ships in Asia...
Read More
US in process of seizing Olina tanker in the Caribbean, US official says
The U.S. is in the process of seizing the Olina tanker in the Caribbean near Trinidad in the fifth such...
Read More
Baltic index logs weekly loss on capesize, supramax weakness
The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Friday and...
Read More
Beyond borders: how new trade and investment corridors are reshaping global business
There is currently an unprecedented level of disruption in the global economy. This disruption stems from a combination of multiple...
Read More
Vitol and Trafigura in talks with US on Venezuelan oil sales, sources say
Vitol and Trafigura, two of the world’s largest commodity traders, are in talks with the administration of U.S. President Donald...
Read More




