News Flash

The Tax Authority has announced the suspension of the imposition of withholding tax on service contracts provided on board ships...

The International Maritime Organization failed to adopt the world’s first-ever global, legally binding carbon price—postponing for a year a vote...

After an intense week ending in a vote, the International Maritime Organization’s (IMO’s) Net Zero Framework was adjourned for the...

As a special meeting of the International Maritime Organization’s Marine Environment Protection Committee (IMO, MEPC/ES.2) closes in London, the Clean...

The International Maritime Organization (IMO) has agreed to adjourn the extraordinary session of the Marine Environment Protection Committee (MEPC), which...

News of China’s recent retaliatory tonnage charges on US-linked vessels has spread through the shipping market like wildfire, marking a...

Trade flows are bound to be disrupted from the spillover of trade tensions in the shipping market. In its latest...

ClassNK has added Japan’s first hydrogen-fueled tugboat TEN-OH to its register, which is built by TSUNEISHI SHIPBUILDING Co., Ltd. This...

Iron ore futures headed for a weekly loss, with concerns surrounding the demand outlook due to U.S.-China trade tensions coinciding...

Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil XOM to be...

Erik Thun Group has launched Thun Renew, the third out of eight vessels in its innovative R-Class series, at Ferus...

Kongsberg Maritime proudly marks a decade since the launch of its pioneering rim-drive permanent magnet thruster technology, celebrating both its...

Spot differentials for fuel oil markets were little changed on Friday in Asia as pre-Diwali holiday trade was thin, while...

The International Chamber of Shipping (ICS) comments following the conclusion of the International Maritime Organization’s (IMO) Extraordinary Session of Marine...

The West of Suez Very Large Crude Carrier market saw levels firm to multi-year highs toward the end of the...

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday...

The world economy has successfully avoided the initial, catastrophic blow from the recent surge in trade protectionism, yet the long-term...

Magnus Wallhagen, National Hydrographer of Sweden, has been nominated as a candidate for the position of Secretary-General of the International...

The new guidance promotes nuclear power as a reliable maritime energy source, addressing the complex regulatory, safety and economic challenges...

Asia fuel oil markets were broadly steady on Thursday, with high supply inventories capping recovery in benchmarks. Singapore’s very low...