News Flash
Sanctioned Russian icebreakers helped Glasgow shipping company bring gas to Europe
A Glasgow-based shipping company has relied on the assistance of sanctioned Russian icebreakers to transport over 700,000 tonnes of gas...
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LNG – From Waste to Wake
The International Maritime Organisation’s (IMO) Net Zero Framework (NZF) adjournment increases the relative importance of the European Union (EU) regulations,...
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Spike in cyberattacks demand persistent tracking at sea
Not a day goes by without hearing about cyberattacks wreaking havoc for organisations and consumers across the world. The shipping...
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The ghost ships in the English Channel and the question of what to do about them
On 26 January, staff in an office in Mumbai received an urgent e-mail from a crew member aboard a tanker...
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Asia-US container rates steady to softer on low volume despite increased blank sailings
Rates for shipping containers from east Asia and China to the US edged lower this week on low volume even...
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Clean Tanker Rates Retreated Last Weeks, as VLCCs Stalled
Clean LR2 Freight levels on MEG LR2’s took a tumble again this week. The TC1 75kt MEG/Japan rate dropped from...
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ITS Logistics February Port/Rail Ramp Freight Index: Lunar New Year Volumes Approach West Coast as Weather and Regulatory Pressure Challenge Inland Transportation
ITS Logistics, one of North America’s fastest-growing third-party logistics providers, has released its February forecast in the ITS Logistics Port/Rail...
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Kongsberg Maritime unveils unified digital solutions portfolio and launches KM Performance
Kongsberg Maritime has marked a significant step forward in its digital transformation with the unveiling of a harmonised Digital Solutions...
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Oldendorff and BHP collaborate to attract new talent to the maritime industry
With women making up just one per cent of seafarers globally, Oldendorff Carriers (Oldendorff) and BHP have forged a new...
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KCC Annual Report and Fourth Quarter 2025 — Ending the year positively with strong momentum set for 2026
Klaveness Combination Carriers ASA (“KCC”) reported EBITDA of USD 22.6 million and Profit after tax of USD 10.4 million for...
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EU and US announce new rounds of sanctions as OFAC updates on Venezuela
On 6 February, the European Commission proposed the 20th package of sanctions against Russia. At the centre of the new...
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Monthly OceanScore Pool-Price Index (OPX) – February 2026
After compliance balances were closed at year-end, additional 2025 surplus volumes were released to the market in January. This increase in...
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China’s LNG orders tighten slots, boost Korea’s pricing power and U.S. push
As China’s shipbuilding industry has aggressively increased orders for liquefied natural gas (LNG) carriers since the start of the year,...
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Baltic Dry Index Halts 2-Day Advance
The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, snapped a two-day winning streak on...
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Russia’s ‘shadow fleet’ of tankers reported in Danish waters almost daily in 2025, Denmark says
Sailing from the Gulf of Finland and through the Baltic Sea, the ageing and poorly-maintained tankers mainly transport crude oil...
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NGOs urge IMO: “Dilution is not a solution” – choose onboard retention & port offload for ammonia ship waste
Opportunity Green, Environmental Defense Fund, One Planet Port, Pacific Environment, Clean Shipping Coalition, Seas at Risk, and ZESTAs call for...
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IMO Secretary General Attends Launch of Methanol-Ready Tanker Thun Resolve
Erik Thun Group today launched the product tanker Thun Resolve, the newest vessel in its Rclass series: “Resource Efficiency”-vessels designed...
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Seascale Energy: A Strong First Nine Months
Nine months into operations, Seascale Energy continues to gain strong momentum as a marine fuel procurement platform built on scale...
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HMM profit plunges as freight rates fall, margins hold in South Korea
During the same period, revenue was tallied at 10.8914 trillion won, down 6.9%, and net profit came to 1.8787 trillion...
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Hahn & Company sells SK Shipping’s Korea wet tanker business to Pan Ocean for $668 mil.
SK Shipping signed an agreement with Pan Ocean to sell its Korea wet tanker business for $668 million, Hahn &...
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