News Flash
Hafnia orders eight MR tankers at Hyundai Heavy in $405m deal
Hafnia has signed a contract to build eight medium-range product tankers at Hyundai Heavy Industries for about $405 million, with...
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India confirms Iranian crude purchases as supply disruption reshapes sourcing
India has confirmed that its refiners are purchasing crude oil from Iran, marking the clearest official acknowledgement of such trade...
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Five EU ministers push Brussels to relaunch windfall tax on energy profits
Five European Union finance ministers have urged the European Commission to draft a bloc-wide windfall levy on energy companies to...
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Karpowership’s floating power plant Belgin Sultan reaches Havana to support Cuba’s electricity system
Karpowership’s floating power plant Belgin Sultan has reportedly reached Havana to support Cuba’s electricity system after repeated nationwide grid failures...
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Noatum Ports takes delivery of cranes for Safaga terminal ahead of 2026 launch
Noatum Ports has taken delivery of three ship-to-shore and six rubber tyred gantry cranes for its Safaga terminal in Egypt,...
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South Korea weighs envoy push as Hormuz disruption threatens crude flows
South Korea is preparing emergency measures to secure crude oil supplies, including dispatching special envoys to Saudi Arabia, Oman and...
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Saudi Global Ports launches operations at Jubail container terminal under 30-year deal
Saudi Global Ports Group (SGP) has taken over operations at the Jubail Container Terminal (JCT) under a 30-year privatisation agreement...
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Maritime Partners deploys newbuild Deirdre Ann
Maritime Partners has placed the M/V Deirdre Ann into service, adding a newly built inland pushboat from FMT Shipyard in...
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Zelim accelerates global growth with Canada office launch
Zelim today announced that it is has established a site in Atlantic Canada, marking its commitment to strategic expansion in...
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OneCare Group urges shipping companies to prioritise crew wellbeing during key times in the year when feelings of loneliness may intensify
Maritime health and wellness platform OneCare Group is urging shipping companies to take proactive steps to support crew members during...
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Wärtsilä appoints IKAD Engineering as authorised distributor for Australia
Wärtsilä Water & Waste, part of technology group Wärtsilä, has appointed IKAD Engineering as its authorised distributor and dedicated local...
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Inmarsat Maritime Renews London International Shipping Week Lead Sponsor Role As Global Event Returns For LISW27
London International Shipping Week is delighted to announce that LISW27 will be “Brought to You By” Inmarsat Maritime, reinforcing the...
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Open Letter to President Ursula von der Leyen: Europe’s transport system is unprepared — and workers are paying the price
countries for connectivity and freight transport, energy vulnerability, and infrastructure deficits. Without structural reform, each crisis will deepen these weaknesses....
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Wah Kwong NatPower and Wuxing Ruituo Sign Memorandum of Understanding to Develop Zero-Carbon Inland Waterway Shipping Routes
As the global maritime industry accelerates its push towards decarbonisation, inland waterways are emerging as one of the highest-impact arenas...
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The Truth in Turbulence: Why Unbiased Data Matters in Volatile Shipping Markets
In 2008, shipping entered unparalleled territory as soaring Chinese demand drove a newbuild demand spike. VLCC valuations skyrocketed to levels...
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Xeneta Weekly Ocean Container Shipping Market: Rates Up 30% Over the Past Month
Xeneta analyst insight Peter Sand, Xeneta Chief Analyst: “Five weeks into the Strait of Hormuz closure and spot rates on...
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Growing Houthi risk could amplify inefficiencies across tanker trade flows
Escalating Houthi attacks against Israeli targets signal potential maritime sabotage ahead, threatening to reshape global tanker trade flows and introduce...
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Market upheaval drives reversal in Singapore-Rotterdam LNG bunker spread
LNG bunker fuel prices in Singapore held a premium to Rotterdam on March 31, underscoring a sharp reversal from the...
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World Fuel Services and West Coast Clean Fuels Establish Proven Methanol Bunkering Capability Available Across U.S. Ports
World Fuel Services, in collaboration with West Coast Clean Fuels, has established a proven methanol bunkering capability available to vessel...
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China consolidates iron ore demand to challenge BHP, reshape pricing
China has moved in earnest to secure leadership in the global iron ore market. In this market worth about $190...
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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